Overview
Supply, borrow and earn yield on Euler v2 - a modular lending protocol with isolated-risk EVK (Euler Vault Kit) vaults. Each asset is its own independent vault; risk is segregated per-vault rather than pooled. Supports Ethereum, Base, and Arbitrum mainnet.
Prerequisites
- onchainos CLI installed and a wallet added (
onchainos wallet addoronchainos wallet status) - Wallet has gas (ETH on Ethereum/Arbitrum, ETH on Base - bridged) on the chain you intend to use
- Wallet has assets to supply OR an existing supply position if you intend to borrow
Quick Start
- Check your current state and get a guided next step:
euler-v2-plugin quickstart --chain 1 - If you see
status: no_funds- fund your wallet first, then re-run quickstart:euler-v2-plugin quickstart --chain 1 - If you see
status: low_balance- top up to >= $5 worth of asset, then re-run quickstart:euler-v2-plugin quickstart --chain 1 - If you see
status: ready_to_supply- browse vaults and pick one:euler-v2-plugin list-vaults --chain 1 --limit 10 - If you see
status: active- review your positions:euler-v2-plugin positions --chain 1 - If you see
status: at_risk- health factor < 1.5; repay or top up collateral:euler-v2-plugin repay --vault <address> --all --chain 1 - If you see
status: liquidatable- health factor < 1.0; repay immediately to avoid liquidation:euler-v2-plugin repay --vault <address> --all --chain 1 - If you see
status: chain_invalid- re-run with a supported chain:euler-v2-plugin quickstart --chain 1