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Euler (EUL) is a decentralized finance (DeFi) protocol that focuses on providing users with a platform to lend, borrow, and trade various cryptocurrencies in a secure and efficient manner. By leveraging smart contracts on the blockchain, Euler aims to enhance financial accessibility and empower users to take control of their assets without the need for traditional financial intermediaries.
Hermez Network (HEZ) is a decentralized layer-2 scaling solution for Ethereum that utilizes zk-rollups to enhance transaction throughput and reduce costs. By aggregating multiple transactions into a single proof, Hermez Network aims to improve the scalability of the Ethereum blockchain while maintaining security and decentralization.