0/ How the DeFi Mullet will bring the benefits of Ethereum to billions of real users.

A guest thread by @paulframbot from @morpho.

Earn, Borrow, Build on Morpho 
/morpho and app.morpho.org

Co-founder & CEO at @morpho labs. Making financial infrastructure a public good.

The universal platform for crypto, blockchain apps, stablecoins & decentralized tech. An account about the Ethereum ecosystem maintained by @ethereumfndn.

1/ Today, fintech companies own their distributions, but not the financial infrastructure their apps are built on.

They rely on legacy infrastructures that are expensive, inefficient, and difficult to integrate into their backends.

2/ With the ‘DeFi Mullet’, Ethereum helps solve these challenges. 

🔹User-friendly fintech apps ‘in the front’
🔹Ethereum DeFi infrastructure ‘in the back’

4/ Efficiency

All distributions connect and aggregate every financial opportunity to a single backend: Ethereum.

With open intents and settlement, markets become hyper-efficient, offering the best prices to consumers.

3/ Ethereum’s DeFi Mullet offers Web2 & fintech apps:

🔹Efficiency
🔹Easy & flexible integrations
🔹Transparency
🔹End-to-end control