The Euler Foundation intends to deploy $5.75 million USDC from the EulerDAO Treasury. This deployment serves the dual purpose of bootstrapping Euler markets and pursuing yield-generating opportunities to strengthen the Treasury. By increasing market liquidity on Euler, this initiative will attract more users and foster long-term growth, while simultaneously generating additional yield to support the sustainability of the DAO.
In line with the recently adopted optimistic governance model, no formal on-chain voting is required for this action. Nonetheless, the Euler Foundation remains committed to transparency and values input from the community. We encourage members to share feedback, suggestions, and any concerns regarding this initiative.
Absent any significant objections from the community, implementation will commence within two days, ensuring that the Treasury’s assets are actively put to work in supporting the protocol’s objectives.