Welcome back this nation to this episode of Alphalique. Alphalique episodes are where we go and dive into a specific project in the crypto space and just go from zero to 60 about what it's doing, what it's up to, why it's different and why you might be interested in diving down the rabbit hole even further.

Today on this episode of Alphalique we're talking to Michael Bentley from Euler and Euler is a money market much like compounded Ave, also much like fuse as well, Rauri's fuse pools and Euler is trying to do the best of both worlds of these two different models for producing a money market.

We have the shared liquidity model of Ave and compound and then we have the long tail, long tail of assets model with Rauri fuse pools and Euler is trying to find out how it can have the best of both worlds to both enable the long tail of assets but also maximize capital efficiency.

They also have some other things that they've tinkered with, they've messed around with like the liquidation mechanism and innovated on that as well as the interest rates of mechanism as well, all in the name of preserving capital efficiency and making Euler a highly utilized money market in the world of DeFi.

They launched their DAW and they're token just a couple months ago, the first application of Euler came online, I think in December is when Michael said it came online and which is like a hairy time for a money market to go online in DeFi because since December we've had like six seven straight red months so really getting stress tested in its first genesis on DeFi and it has held up very, very well.

So I hope you guys enjoy this episode of AlphaLeak and if you want other shows, if you want me to dive into other projects, other shows, other tokens, whatever, let me know on Twitter and I'll do an AlphaLeak on this episode if people request it the most.

So let's go ahead and get right into this episode with Michael Bentley of Euler right after we get to some of these fantastic sponsors that make the show possible.

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