Bridged EUROe (EUROe.b)
Bridged EUROe, or EUROe.b as known by its ticker, is a third-party deployed version of EUROe which is backed with EUROe held in a bridge contract on the Ethereum L1.
Any version of EUROe.b is not deployed, maintained, nor endorsed by Membrane Finance. It is of critical importance that end-users understand the risks of interacting with EUROe.b which may include, but are not limited to, partial or complete loss of funds due to technical risk, theft, fraud, or incompetence.
Native EUROe vs Bridged EUROe
EUROe | EUROe.b |
---|---|
Issued by Membrane Finance, a Finnish electronic money institution | Created by a third party |
Backed by Euros and always redeemable 1:1 | Backed by EUROe on another blockchain locked in a smart contract |
Compatible with EUROe Account functionality (minting, burning, redeeming, and more) | Not compatible with EUROe Account functionality |
Available on multiple chains, including non-EVM chains | Deployable by anyone to any EVM compatible chain or to non-EVM chains after consultation |
You can learn more about the different versions of EUROe at euroe.com
tip
EUROe.b can also be deployed to non-EVM chains. If you are interested in doing so, please contact the EUROe team