Protocol Village: Euler Returns With 'V2' After $200M+ Exploit in 2023

Thursday, Sept. 5

Euler, Victim of $200M+ Exploit in 2023, Returns With ‘V2'

Euler, a that suffered a $200 million-plus exploit in 2023, says it has reemerged with the launch of Euler v2, “a meta-lending protocol that enables unlimited use cases for on-chain credit.” According to the team, “the protocol will allow builders to create highly customizable borrowing and lending vaults that can be permissioned or permissionless. As finance continues to gain traction and more users seek out secure and efficient ways to manage credit on-chain, Euler v2 will play a pivotal role in the market, pushing it towards becoming a core component of the global financial system.” As reported by CoinDesk in February, the project held a code audit competition earlier this year to the new version.

Vape-to-Earn Crypto Project PuffPaw Raises $6M For Vapes

An upcoming vape-to-earn project wants to use token incentives and blockchain-enabled vapes to make nicotine addictions additions go up in smoke. Called Puffpaw, the project intends to sell specialty vapes that record their user's smoking habits on the blockchain. It will reward them in their for gradually reducing their nicotine intake.

Protocol Village is a regular feature of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Project teams can submit updates here. For previous versions of Protocol Village, please go here.

Edited by Bradley Keoun.

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