fluidkey

our token highlight this week is @morpho, an onchain lending protocol offering simple, flexible infrastructure which powers /fluidkey's auto-earn feature 

you can now claim your share of 1,000 MORPHO in the app

more about Morpho below :)

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

Morpho Vaults stand out by enabling isolated, curated markets instead of a monolithic design

this means that lenders can choose vaults whose risk parameters and curators they trust

anyone can build on Morpho, which enables a competitive vault curation market: pricing trust

Economic modeling for crypto. Research, optimization, and risk management for DEX, Lending, Perpetuals, (Re)staking, Stablecoins, and Ecosystems.


gauntlet.xyz

we currently integrate Morpho vaults curated by @gauntlet with a low risk profile 

if you have a higher risk tolerance, you could deposit into Gauntlet’s Frontier vaults 

if you don’t trust Gauntlet’s curation, you could deposit into vaults curated by Steakhouse or Re7

both isolated and monolithic approaches to lending markets have pros and cons, the links below are good places to dig deeper into their trade-offs

Marc, unlike on Aave, Morpho users are free to choose which assets they use as collateral, the oracle and the Liquidation LTV. 

Does that mean that all strategies are risk-free? Of course not! Users can take the risk they want.

Morpho Blue is a permissionless lending and

Aave/Morpho
A clash of different worldviews. Both design have their pros and cons.

Aave as an entity manages all the risk and also covers any loss. Aave needs deep expertise on all coins and the dynamic of their corresponding markets. You trust the brand, Aave, and they did a

Martin K.

Morpho’s flexible model suits the DeFi mullet: products can integrate onchain lending infrastructure into their products while retaining a strong degree of control 

a prime example is Coinbase’s recent BTC-backed loan product

founder @paulframbot recently announced that its Labs entities would now be wholly owned by the Morpho Association, itself governed by the DAO and MORPHO token

this prevents misaligned incentives between equity-holding Labs and token holders

https://morpho.org/blog/aligning-around-morpho-the-only-asset-for-morpho/

Morpho’s flexible model suits the DeFi mullet: products can integrate onchain lending infrastructure into their products while retaining a strong degree of control 

a prime example is Coinbase’s recent BTC-backed loan product

https://morpho.org/blog/pioneering-the-defi-mullet-coinbase-in-the-front-defi-in-the-back/

both isolated and monolithic approaches to lending markets have pros and cons, the links below are good places to dig deeper into their trade-offs

https://mirror.xyz/emodev.eth/28BqhKqnvnxJJSGp1UFH0--tR2yp3GDBrUxnXLdGdSg 

https://x.com/martinkrung/status/1783092537353248972