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alixkun🟣

@alixkun

As a user (and fan!) of Morpho, I'm curious: How did they manage to convince you they needed $50m? My understanding is that Morpho is building a primitive base layer, as simple as possible (according to itw from their CEO), for others to build yield strategies they can offer to users. So a lot of the value of Morpho as a product is already built, and the rest is brought by 3rd party vault curators. So, why $50m for Morpho?
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