Author: Seini
Date submitted: 06/07/25
Simple summary:
The purpose of this RFC is to consider enabling all fees that are not yet activated in the Euler Lending protocol.
Motivation:
Removing fees on key assets was a very effective way to restore liquidity at the launch of V2 in order to be as attractive and competitive as possible.
Today, with more than 2.3 billion TVL, I think we can envisage activating all the fees that are not yet activated. Indeed, given the maturity of the protocol today plus the launch of EulerSwap, I think this is the right time to do it, as it will bring a flow of liquidity without the lending protocol fees being a problem for the continuity of the growth of it.
Moreover, we’re entering an era where technology and profitability finally count in the crypto space; Euler already have the technology and it’s even at the cutting edge of it, all it need now is the revenue, which is already there but to a lesser extent.
To sum up, all things considered, I think it’s time for the protocol to generate the revenue it deserves. This RFC will go to EIP in a week’s time if the general consensus is in favour.
Specification:
Activate all fees that are not yet activated on the lending protocol.