[PRC #7] Enable Euler vaults as Source of Funds

Governance
1

TL;DR

Register ERC4626Adapter pool adapter for Euler vaults.

Voting

Mode: Stewards
Duration: 3 days
Veto threshold: 10%

Proposal

Euler Finance is a non-custodial, permissionless lending protocol, designed to revolutionize DeFi lending for long-tail crypto assets. This proposal aims to enhance Euler’s utility by enabling all current and future deposits in Euler Finance to serve as a Source of Funds for PWN proposals. If approved, Euler would join Aave, Compound, and Morpho as the fourth lending protocol whose deposits can be directly utilized in this manner. This integration aligns with Euler’s goal of providing permissionless and efficient lending and borrowing services for a wide range of crypto assets.

On-chain actions

  1. Schedule actions on Protocol timelock with 0 delay that call PWNConfig function registerPoolAdapter(address,address) registering ERC4626Adapter for every verified Euler vault returned from Euler GovernedPerspective verifiedArray() function (143 vaults).
  2. Execute scheduled timelock actions

Contract addresses

  • Protocol timelock: 0xd8dbdDf1c0FDdf9b5eCFA5C067C38DB66739FBAB
  • PWNConfig: 0xd52a2898d61636bB3eEF0d145f05352FF543bdCC
  • ERC4626Adapter: 0x44e67b5d4DEC6Ad07aFe1DF55a6a966B2d738740
  • Euler GovernedPerspective: 0xC0121817FF224a018840e4D15a864747d36e6Eb2
9 Likes
2

imho a nobrainer due to 4626

2 Likes
3

Update: changed source of Euler vault addresses from GitHub label repo to Euler GovernedPerspective contract.

4

Makes sense, nothing to add from my side

5

LFG! Looking forward to 4626 compatibility.

1 Like
6

Sounds good to me, looking forward to it.

1 Like
7

Let’s do it! It adds another great source for pool hooks.

2 Likes
8

PRC #7 is now active Stewards DAO proposal.

3 Likes
9

Great talking to the dev team the other day. LFG!

8 Likes