“The primary purpose of Euler when we first started the project was to remove a lot of the barriers to entry that projects have in terms of getting listed under a DeFi protocol,” Euler CEO Michael Bentley told CoinDesk in an interview. “We wanted to create a permissionless protocol, kind of like the Uniswap of lending and borrowing, where users can activate their own lending markets as they see fit.
Source: https://www.coindesk.com/business/2022/06/07/katie-hauns-new-fund-leads-32m-round-in-lending-protocol-euler/?utm_medium=referral&utm_source=rss&utm_campaign=headlines