Start Lending NOW

Borrow decentralized EURO against a collateral asset of your choice:
WETH
Wrapped ETH
WBTC
Wrapped Bitcoin
cbBTC
Coinbase Wrapped Bitcoin
kBTC
Kraken Wrapped Bitcoin
USDC
USDC
DAI
Dai Stablecoin
UNI
Uniswap
XAUT
Tether Gold
ZCHF
Frankencoin
decentralized EURO Lending in a nutshell
Borrow decentralized EURO
The owner can deposit collateral into the position and mint decentralized EURO up to a certain limit defined by the liquidation price.
Launch Lending
Launch Lending
Large number of collateral options
The decentralized EURO Protocol already offers a large number of possible collateral assets. Your desired collateral is not included? You can request to add it at any time.
Launch Lending
Launch Lending
Maximum capital efficiency
Interest accrues pro rata during the lending period, making it maximally capital efficient.
Launch Lending
Launch Lending

Propose collateral

Any liquid asset can potentially be used as collateral in the decentralized EURO Protocol. If you would like to propose a new asset, you can do so at any time via the decentralized EURO Protocol. Governance then has three days to veto the proposal. If no veto occurs, the asset is automatically accepted and becomes usable as collateral.

It is advisable to contact the community before requesting a new asset:  Github / Telegram

Q&A
What is decentralized EURO Lending?

decentralized EURO Lending allows you to borrow decentralized EURO by using ERC20 Bitcoin, Ethereum, or other cryptocurrencies as collateral. This way, you can unlock liquidity without having to sell your cryptocurrencies.
Which cryptocurrencies can I use as collateral?

Currently, the following cryptocurrencies are available as collateral:

• WBTC (Wrapped Bitcoin)  
• cbBTC (Coinbase Wrapped Bitcoin)  
• kBTC (Kraken Wrapped Bitcoin)  
• WETH (Wrapped Ethereum)  
• USDC (Circle USD)  
• UNI (Uniswap)  
• DAI (Dai Stablecoin)  
• XAUT (Tether Gold)  
• ZCHF (Frankencoin)  

In principle, any liquid asset on the Ethereum blockchain can be used as collateral in the decentralized EURO Protocol. Connect with the community to discuss this further.
How does the fundraising process work?

• Select your desired asset (e.g., Bitcoin or Ethereum).  
• Set your liquidation price and expiration date.  
• Once everything is configured, the borrowed decentralized EURO will be sent directly to your wallet.
What can I do with the borrowed decentralized EURO?

With the decentralized EURO you borrow, you can:

• Hold decentralized EURO,  
• Swap decentralized EURO for another asset,  
• Withdraw decentralized EURO to your bank account,  
• Use decentralized EURO in daily life.
What happens if the liquidation price is reached?

If the liquidation price is reached, your position will be liquidated, and the deposited asset will be auctioned off. The collateral reserve goes to the bidders and the protocol as profit. It’s important to carefully choose your liquidation price to avoid unwanted liquidations.
How long does it take to receive my borrowed decentralized EURO?

Once you’ve completed all steps, the borrowed decentralized EURO will be instantly sent to your wallet.
Do I have to sell my crypto asset to borrow decentralized EURO?

No, you don’t need to sell your cryptocurrencies! You can use them as collateral to obtain liquidity in the form of decentralized EURO.
What happens if I exceed the expiration date?

If you exceed the expiration date, your collateral will be auctioned off. It’s important to act in time and repay or extend the loan amount to avoid unwanted liquidations.