# Latest **URL:** https://forum.euler.finance/latest.md [Latest](https://forum.euler.finance/latest.md) · [Categories](https://forum.euler.finance/categories.md) · [Tags](https://forum.euler.finance/tags.md) --- ## [Welcome to the Euler Governance Forum](https://forum.euler.finance/t/welcome-to-the-euler-governance-forum/7)
**Author:** [@system](https://forum.euler.finance/u/system)\ **Replies:** 1\ **Last updated:** [February 26, 2022, 1:21pm UTC](https://forum.euler.finance/t/welcome-to-the-euler-governance-forum/7 "2022-02-26T13:21:05Z")
Welcome! This forum is dedicated to discussions on Euler governance. Relevant topics include: Governance proposals Proposal discussions Site feedback Risk assessments This is not the place for: EUL price discussion G… --- ## [Euler in August 2026: Monad ended the month larger than Ethereum, deposits fell 2.7% at August 1 prices, and the protocol accrued $51.7K on $2.0M of interest](https://forum.euler.finance/t/euler-in-august-2026-monad-ended-the-month-larger-than-ethereum-deposits-fell-2-7-at-august-1-prices-and-the-protocol-accrued-51-7k-on-2-0m-of-interest/1869)
**Author:** [@joel-obafemi](https://forum.euler.finance/u/joel-obafemi)\ **Replies:** 0\ **Last updated:** [September 8, 2026, 2:26pm UTC](https://forum.euler.finance/t/euler-in-august-2026-monad-ended-the-month-larger-than-ethereum-deposits-fell-2-7-at-august-1-prices-and-the-protocol-accrued-51-7k-on-2-0m-of-interest/1869 "2026-09-08T14:26:06Z")
Independent Analysis of Euler V2 for the month of August. Deposits and loans come from DefiLlama’s public API; token quantities from the vault contracts on Ethereum and Monad; fees and revenue rebuilt from Euler’s own co… --- ## [efixDI/USDC on Base — tokenized Brazilian DI fund, D+0 NAV redemption (governedPerspective whitelist)](https://forum.euler.finance/t/efixdi-usdc-on-base-tokenized-brazilian-di-fund-d-0-nav-redemption-governedperspective-whitelist/1850)
**Author:** [@Ernesto711](https://forum.euler.finance/u/Ernesto711)\ **Replies:** 19\ **Last updated:** [August 28, 2026, 2:45pm UTC](https://forum.euler.finance/t/efixdi-usdc-on-base-tokenized-brazilian-di-fund-d-0-nav-redemption-governedperspective-whitelist/1850 "2026-08-28T14:45:41Z")
We’re requesting governedPerspective whitelisting for our self-governed efixDI/USDC lending market on Base. The market is live on mainnet and has a full supply→collateral→borrow→repay cycle proven on-chain. efixDI is a … --- ## [kUSD / USDC market on Euler (Base): a redeemability-verifiable synthetic dollar](https://forum.euler.finance/t/kusd-usdc-market-on-euler-base-a-redeemability-verifiable-synthetic-dollar/1849)
**Author:** [@Kerne](https://forum.euler.finance/u/Kerne)\ **Replies:** 19\ **Last updated:** [August 10, 2026, 2:11am UTC](https://forum.euler.finance/t/kusd-usdc-market-on-euler-base-a-redeemability-verifiable-synthetic-dollar/1849 "2026-08-10T02:11:49Z")
Summary We are Kerne. We are building kUSD, a delta-neutral synthetic dollar on Base, and we would like to open an isolated Euler v2 market with kUSD as collateral and USDC borrowable. We are posting here because Euler i… --- ## [kUSD/USDC isolated market on Euler Base: deployed, ungoverned, and an underwriting packet for curators](https://forum.euler.finance/t/kusd-usdc-isolated-market-on-euler-base-deployed-ungoverned-and-an-underwriting-packet-for-curators/1862)
**Author:** [@Kerne](https://forum.euler.finance/u/Kerne)\ **Replies:** 0\ **Last updated:** [August 9, 2026, 2:34am UTC](https://forum.euler.finance/t/kusd-usdc-isolated-market-on-euler-base-deployed-ungoverned-and-an-underwriting-packet-for-curators/1862 "2026-08-09T02:34:47Z")
The isolated kUSD/USDC market on Euler Base is deployed. It is permissionless, so this is a notification and an underwriting packet, not a governance request. Nothing here needs a vote. Addresses USDC vault,… --- ## [\[Proposal\] Reduce Euler Protocol Fees to Zero](https://forum.euler.finance/t/proposal-reduce-euler-protocol-fees-to-zero/1835)
**Author:** [@EulerLabs](https://forum.euler.finance/u/EulerLabs)\ **Replies:** 0\ **Last updated:** [April 29, 2026, 7:49pm UTC](https://forum.euler.finance/t/proposal-reduce-euler-protocol-fees-to-zero/1835 "2026-04-29T19:49:38Z")
Author: Euler Labs Category: Protocol Date submitted: 29th April 2026 Summary Euler Labs recommends that the Euler DAO reduce protocol fees to 0% across all live and future deployments until protocol scale and curator… --- ## [3m Fee Waiver as Incentive](https://forum.euler.finance/t/3m-fee-waiver-as-incentive/1834)
**Author:** [@KeyringNetwork](https://forum.euler.finance/u/KeyringNetwork)\ **Replies:** 1\ **Last updated:** [April 29, 2026, 11:50am UTC](https://forum.euler.finance/t/3m-fee-waiver-as-incentive/1834 "2026-04-29T11:50:22Z")
Summary Keyring proposes EulerDAO temporarily waive fees for the first 3 months on the upcoming permissioned cluster as a cheap, non-dilutive incentive. About Keyring Network Keyring Network creates zkVerification for i… --- ## [Sunsetting of DAO-Managed Market and Vaults](https://forum.euler.finance/t/sunsetting-of-dao-managed-market-and-vaults/1828)
**Author:** [@EulerLabs](https://forum.euler.finance/u/EulerLabs)\ **Replies:** 1\ **Last updated:** [April 28, 2026, 2:19pm UTC](https://forum.euler.finance/t/sunsetting-of-dao-managed-market-and-vaults/1828 "2026-04-28T14:19:58Z")
Sunsetting of DAO-Managed Market and Vaults Summary This proposal recommends that Euler DAO vote to sunset all directly managed markets and vaults currently operated under DAO governance. Euler Labs believes this step is… --- ## [Reserve Fee Adjustment for infniFi Markets](https://forum.euler.finance/t/reserve-fee-adjustment-for-infnifi-markets/1827)
**Author:** [@infiniGuy](https://forum.euler.finance/u/infiniGuy)\ **Replies:** 1\ **Last updated:** [April 8, 2026, 12:28pm UTC](https://forum.euler.finance/t/reserve-fee-adjustment-for-infnifi-markets/1827 "2026-04-08T12:28:13Z")
Summary This proposal requests DAO approval to adjust the Reserve Fee split for a new set of infiniFi markets on Euler, designed to support a tightly integrated lending and EulerSwap-based liquidity system. These market… --- ## [\[Mar 2026\] Non-critical Parameter Updates by Risk Stewards](https://forum.euler.finance/t/mar-2026-non-critical-parameter-updates-by-risk-stewards/1825)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 2\ **Last updated:** [April 2, 2026, 1:33am UTC](https://forum.euler.finance/t/mar-2026-non-critical-parameter-updates-by-risk-stewards/1825 "2026-04-02T01:33:56Z")
This is the monthly continuation of CapRiskSteward updates. Previous update threads: \[April 2025\] Non-critical Parameter Updates by Risk Stewards \[May 2025\] Non-critical Parameter Updates by Risk Stewards \[Jun 2025\] N… --- ## [Fiat Access for Institutional and Treasury Users, A Growth Angle for Euler?](https://forum.euler.finance/t/fiat-access-for-institutional-and-treasury-users-a-growth-angle-for-euler/1826)
**Author:** [@prayag](https://forum.euler.finance/u/prayag)\ **Replies:** 0\ **Last updated:** [March 26, 2026, 10:40am UTC](https://forum.euler.finance/t/fiat-access-for-institutional-and-treasury-users-a-growth-angle-for-euler/1826 "2026-03-26T10:40:20Z")
Euler is well positioned for institutional and treasury users, but the requirement to acquire assets via a CEX before interacting with the protocol is a meaningful barrier for this segment specifically. Is this worth sol… --- ## [\[Gauntlet\] Implementation of Adaptive IRM on Euler Arbitrum (03-02-2026)](https://forum.euler.finance/t/gauntlet-implementation-of-adaptive-irm-on-euler-arbitrum-03-02-2026/1824)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [March 2, 2026, 2:47pm UTC](https://forum.euler.finance/t/gauntlet-implementation-of-adaptive-irm-on-euler-arbitrum-03-02-2026/1824 "2026-03-02T14:47:22Z")
Simple Summary Gauntlet proposes implementing Adaptive Interest Rate Models (Adaptive IRMs) across Euler DAO markets, beginning with Arbitrum. These dynamic rate curves automatically adjust to market conditions, reducin… --- ## [Reserve Fee Adjustment for Securitize Markets](https://forum.euler.finance/t/reserve-fee-adjustment-for-securitize-markets/1823)
**Author:** [@kpk](https://forum.euler.finance/u/kpk)\ **Replies:** 1\ **Last updated:** [February 24, 2026, 8:47am UTC](https://forum.euler.finance/t/reserve-fee-adjustment-for-securitize-markets/1823 "2026-02-24T08:47:46Z")
Summary This proposal requests DAO approval to set the Reserve Fee for the upcoming Securitize DS token markets on Euler at 5% (down from the default 10%). Reducing the Reserve Fee will improve borrower competitiveness … --- ## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Base](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-base/1822)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 19, 2026, 11:44pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-base/1822 "2026-02-19T23:44:03Z")
Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Base. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain competitiv… --- ## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Unichain](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-unichain/1821)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 19, 2026, 11:40pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-unichain/1821 "2026-02-19T23:40:51Z")
Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Unichain. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain compet… --- ## [Offboard expired Pendle Token from Euler Yield (2026-02-19)](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-yield-2026-02-19/1819)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 19, 2026, 7:40pm UTC](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-yield-2026-02-19/1819 "2026-02-19T19:40:05Z")
Summary This proposal recommends offboarding the following expired Pendle PT from Euler Theo: PT-pUSDe-16OCT2025. Expired Pendle PTs stop accruing yield and become simple 1:1 wrappers of the underlying. Offboarding thes… --- ## [Offboard expired Pendle Token from Euler Theo (2026-02-19)](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-theo-2026-02-19/1818)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 19, 2026, 7:39pm UTC](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-theo-2026-02-19/1818 "2026-02-19T19:39:05Z")
Summary This proposal recommends offboarding the following expired Pendle PT from Euler Theo: PT-thBILL-19FEB2026. Expired Pendle PTs stop accruing yield and become simple 1:1 wrappers of the underlying. Offboarding the… --- ## [Integrate new maturity for PT-thBILL on Euler Theo](https://forum.euler.finance/t/integrate-new-maturity-for-pt-thbill-on-euler-theo/1817)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 19, 2026, 7:36pm UTC](https://forum.euler.finance/t/integrate-new-maturity-for-pt-thbill-on-euler-theo/1817 "2026-02-19T19:36:55Z")
Summary Gauntlet recommends onboarding PT-thBILL-18JUN2026 on Euler Theo. Cap Recommendations The existing listing has ~$4.54M supplied. There is roughly ~$14.53M in the Pendle pool for this token currently. Given this,… --- ## [\[Feb 2026\] Non-critical Parameter Updates by Risk Stewards](https://forum.euler.finance/t/feb-2026-non-critical-parameter-updates-by-risk-stewards/1807)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 5\ **Last updated:** [February 19, 2026, 4:51am UTC](https://forum.euler.finance/t/feb-2026-non-critical-parameter-updates-by-risk-stewards/1807 "2026-02-19T04:51:11Z")
This is the monthly continuation of CapRiskSteward updates. Previous update threads: \[April 2025\] Non-critical Parameter Updates by Risk Stewards \[May 2025\] Non-critical Parameter Updates by Risk Stewards \[Jun 2025\] N… --- ## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Arbitrum](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-arbitrum/1815)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 12, 2026, 11:26pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-arbitrum/1815 "2026-02-12T23:26:23Z")
Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Arbitrum. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain compet… --- ## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Arbitrum Theo](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-arbitrum-theo/1814)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 12, 2026, 11:25pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-arbitrum-theo/1814 "2026-02-12T23:25:32Z")
Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Arbitrum Theo. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain c… --- ## [Offboard expired Pendle Token from Euler Theo](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-theo/1811)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 11, 2026, 9:04pm UTC](https://forum.euler.finance/t/offboard-expired-pendle-token-from-euler-theo/1811 "2026-02-11T21:04:19Z")
Summary This proposal recommends offboarding the following expired Pendle PT from Euler Theo: PT-thBILL-27NOV2025. Expired Pendle PTs stop accruing yield and become simple 1:1 wrappers of the underlying. Offboarding the… --- ## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Yield](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-yield/1810)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 5, 2026, 3:22pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-yield/1810 "2026-02-05T15:22:32Z")
Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Yield. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain competiti… --- ## [\[Gauntlet\] LLTV & Max LTV Revisions on Euler Prime](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-prime/1809)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 4, 2026, 4:29pm UTC](https://forum.euler.finance/t/gauntlet-lltv-max-ltv-revisions-on-euler-prime/1809 "2026-02-04T16:29:03Z")
Simple Summary Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Prime. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain competiti… --- ## [\[Gauntlet\] Integrate new maturities for PT-cUSD and PT-stcUSD on Euler Yield](https://forum.euler.finance/t/gauntlet-integrate-new-maturities-for-pt-cusd-and-pt-stcusd-on-euler-yield/1808)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 4, 2026, 3:07pm UTC](https://forum.euler.finance/t/gauntlet-integrate-new-maturities-for-pt-cusd-and-pt-stcusd-on-euler-yield/1808 "2026-02-04T15:07:47Z")
Summary Should the community choose to onboard PT-cUSD-23JUL2026 and PT-stcUSD-23JUL2026 to Euler Yield, Gauntlet recommends the following parameters: Cap Recommendations Current Pendle liquidity is ~$10.7M for PT-cUSD… --- ## [\[Gauntlet\] Offboard expired Pendle Tokens from Euler Yield (2026-02-03)](https://forum.euler.finance/t/gauntlet-offboard-expired-pendle-tokens-from-euler-yield-2026-02-03/1806)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [February 3, 2026, 9:47pm UTC](https://forum.euler.finance/t/gauntlet-offboard-expired-pendle-tokens-from-euler-yield-2026-02-03/1806 "2026-02-03T21:47:28Z")
Summary This proposal recommends offboarding 2 expired Pendle PTs from Euler Yield: PT-cUSD-29JAN2026 and PT-stcUSD-29JAN2026. Expired Pendle PTs stop accruing yield and become simple 1:1 wrappers of the underlying. Offb… --- ## [\[Curator Onboarding Proposal\] Maxshot’s AI-Driven, Risk-Constrained Capital Allocation](https://forum.euler.finance/t/curator-onboarding-proposal-maxshot-s-ai-driven-risk-constrained-capital-allocation/1805)
**Author:** [@Maxshot](https://forum.euler.finance/u/Maxshot)\ **Replies:** 0\ **Last updated:** [January 28, 2026, 11:03am UTC](https://forum.euler.finance/t/curator-onboarding-proposal-maxshot-s-ai-driven-risk-constrained-capital-allocation/1805 "2026-01-28T11:03:29Z")
1. Simple Summary Maxshot AI proposes to onboard as a whitelisted curator on Euler, creating and managing Maxshot-curated Euler vaults that route capital into approved Euler markets using an AI-assisted, rules-based allo… --- ## [\[Gauntlet\] Offboard Low Demand Tokens from Euler L2s](https://forum.euler.finance/t/gauntlet-offboard-low-demand-tokens-from-euler-l2s/1792)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 7\ **Last updated:** [January 27, 2026, 2:30pm UTC](https://forum.euler.finance/t/gauntlet-offboard-low-demand-tokens-from-euler-l2s/1792 "2026-01-27T14:30:52Z")
Summary This proposal recommends offboarding the following assets from Unichain, Base, Arbitrum, and Linea across Euler due to low demand i.e. less than 100K in supply volume. Unichain: UNI, ezETH, rsETH, PT-cUSD-29JAN… --- ## [Offboard expired Pendle Tokens from Euler Yield (2026-01-20)](https://forum.euler.finance/t/offboard-expired-pendle-tokens-from-euler-yield-2026-01-20/1796)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 0\ **Last updated:** [January 20, 2026, 10:11pm UTC](https://forum.euler.finance/t/offboard-expired-pendle-tokens-from-euler-yield-2026-01-20/1796 "2026-01-20T22:11:55Z")
Summary This proposal recommends offboarding 2 expired Pendle PTs from Euler Yield: PT-srUSDe-15JAN2026 and PT-jrUSDe-15JAN2026. Expired Pendle PTs stop accruing yield and become simple 1:1 wrappers of the underlying. Of… --- ## [\[Jan 2026\] Non-critical Parameter Updates by Risk Stewards](https://forum.euler.finance/t/jan-2026-non-critical-parameter-updates-by-risk-stewards/1790)
**Author:** [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Replies:** 5\ **Last updated:** [January 20, 2026, 10:09pm UTC](https://forum.euler.finance/t/jan-2026-non-critical-parameter-updates-by-risk-stewards/1790 "2026-01-20T22:09:16Z")
This is the monthly continuation of CapRiskSteward updates. Previous update threads: \[April 2025\] Non-critical Parameter Updates by Risk Stewards \[May 2025\] Non-critical Parameter Updates by Risk Stewards \[Jun 2025\] N… [Next page](https://forum.euler.finance/latest.md?page=1)