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General

EVRO EXISTS FOR BUILDERS, SAVERS, AND PROTOCOLS THAT RELY ON AUTONOMOUS LIQUIDITY.​

What is Evro? ​

Evro is a decentralized borrowing protocol that issues a euro-denominated stablecoin through Non-Fungible Vaults (NFVs) on Gnosis Chain from multiple collateral possibilities.

Accepted Collateral: ​

  • xDAI
  • sDAI
  • GNO
  • osGNO (Stakewise Staked GNO)
  • wBTC
  • wstETH

On Evro.finance users can: ​

  • Borrow EVRO
  • Earn yield by depositing EVRO in the stability pool or farming elsewhere
  • Stake GVRO to direct PLI (Protocol Liquidity Incentives) and earn rewards

Users lock approved collateral, open a vault, and mint EVRO against that position.

All vault operations are permissionless, and all parameters are fixed at deployment.

Does EVRO have governance? ​

Evro is subject to minimal governance which is solely tasked with distributing Protocol Liquidity Incentives (PIL), directing 25% of the protocol's revenue to external initiatives, delegating GNO, and updating collateral debt limits. Governance can never change the fee split, update protocol parameters, mint new stablecoins, or anything else.

Other Helpful Resources:​

Dune Dashboard: https://dune.com/evro (upcoming)