How Damaging Was the Euler Hack to DeFi's 'Money Legos' Promise?
Lucyz.eth
Mar 18
It was a major blow to the sector; Euler had been seen as the next great building block after Compound and Aave. Beyond flinging long-tail assets into the protocol and gambling risk à la Cream Finance, the popular crypto lender created isolated lending pools to help silo collateral damage should degens borrow against the wrong memecoin. Now, though, the whole ship is sunk. It’s not just that: along with Euler, roughly 10 other DeFi protocols were affected thanks to the various integrations es...
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