Proposal to Deploy Lending Protocol Euler to BNB Chain Passes Vote

According to Snapshot, the proposal to deploy the lending protocol Euler to BNB Chain has passed with 83.05% yes vote.

The proposal states that the introduction of Euler will enable the provision of lending services to BNB Chain users. Euler has not only delivered consistently in recent months, but has also managed to address various inefficiencies in the lending market.

The scope of Euler deployment on BNB Chain is said to include all Euler features. In addition, it will be up to the Euler DAO to propose which assets will be used in the lending market first.