Treasury

The DAO holds EUL tokens in the Treasury. The Treasury is managed by EUL token holders through on-chain and off-chain governance procedures and overseen by the Euler Foundation.

The address for the Treasury is: 0xC7C5aFDB61e08BE3e2FB09098412b5706EB5c550.

New Issuance

New EUL tokens can be minted at the discretion of the DAO, at a rate not exceeding 2.718% of total supply per year. The minted tokens enter circulation via the Legacy Treasury, which is also overseen by the Euler Foundation.

The address for the Legacy Treasury is: 0x25Aa4a183800EcaB962d84ccC7ada58d4e126992.