
Euler to Launch Native Wrapping
Euler enabled native wrapping on May 5, marking the full deployment of the feature across its protocol.The release allows users to supply, withdraw, repay, borrow and leverage assets directly through native functionality, removing the need for external wrapping workflows.EUL InfoEuler operates as a non-custodial, permissionless lending protocol on Ethereum, allowing users to accrue interest on their cryptocurrency assets or mitigate potential market volatility, all without the necessity for a trusted intermediary.The protocol introduces a set of unprecedented features in the DeFi sector, including permissionless lending markets, dynamic interest rates, safeguarded collateral, MEV-resistant liquidations, and stability pools with multi-collateral capabilities among other advancements.