Following the Lego-like power principle of DeFi, the new system combines building blocks like Euler Vault Kit (EVK), which empowers builders to deploy and chain together their own customized lending vaults in a permissionless manner, and an Ethereum Vault Connector (EVC), which enables vaults to be used as collateral for other vaults, the company said in a press release.
Source: https://www.coindesk.com/business/2024/02/22/defi-startup-euler-finance-bounces-back-with-revamped-lending-vaults/?utm_medium=referral&utm_source=rss&utm_campaign=headlines