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Wallfacer Podcast
#17: Michael Bentley, Euler | Building DeFi’s Global Liquidity Layer
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#17: Michael Bentley, Euler | Building DeFi’s Global Liquidity Layer

How is Euler Finance becoming DeFi's global liquidity layer? 

Ryan Rodenbaugh chats with Michael Bentley about reimagining DeFi infrastructure through modular design, what’s driving the protocol’s high yields, and why more builders are choosing Euler as their foundation.

Follow our guests: 

  • https://x.com/euler_mab

  • https://x.com/eulerfinance

And try out Wallfacer’s latest release: https://app.vaults.fyi


Timestamps

00:00 - Michael’s background

05:22 - Getting into crypto

08:32 - The vaults.fyi app

09:17 - Euler’s culture 

12:12 - Screening for culture fits

14:17 - Sticking around after the Euler hack

17:00 - Euler v2 vs Euler v1

19:49 - Euler as primitive infrastructure

28:54 - The case for alternative collateral 

31:28 - Why Euler is a RWA project

35:58 - Bootstrapping stablecoins with modular DeFi protocols

39:37 - What’s driving Euler’s high yields

42:51 - Balancing incentives for a mature token

46:05 - Euler’s metrics for success

49:30 - Why don’t protocols just launch on Euler?

52:48 - DeFi and the Lindy effect

55:04 - What’s next for Euler

59:37 - Realizing Euler’s vision

Discussion about this episode