★ Admin has mint() with unlimited max
Euler V2's assessment for RD-F-042 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
EUL token mint() callable by ADMIN_ROLE. Hard supply cap of 27,182,818 EUL prevents unlimited dilution. Additional per-event cap (~2.71% of supply), 30-day interval, and time-restricted before June 2025. ADMIN_ROLE holder (treasury/multisig) can mint without explicit timelock on the mint function itself. Supply cap protects against infinite mint but ADMIN_ROLE compromise could still dilute to cap.
Sources #
- EtherscanEUL Token Contract — Supply cap 27.18M, mint ADMIN_ROLE, rate limits0xd9fcd98c322942075a5c3860693e9f4f03aae07b#code MINT_MAX_PERCENT, MINT_MIN_INTERVAL, supply capretrieved 2026-05-04
Methodology #
Determine whether an admin-callable `mint` on a protocol token has no supply cap or an unlimited maximum supply.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol euler-v2 factor RD-F-042 score yellow collected_at 2026-05-04 19:56:06