Paul Frambot 🦋 (paulframbot)

Today, we finally bring Morpho V2 out of stealth. After 4 years of building, this is by far our most ambitious release. An intent-based lending platform powered by fixed-rate, fixed-term loans, built to expand the boundaries of onchain loans. 🦋🦋

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There's an intriguing moral paradox in Pavel's arrest, and it is, to me, all about ownership. Car manufacturers aren't arrested because criminals use their car. However, Pavel was arrested because criminals used his app. I see a lot of people, including me, feeling bitter about this arrest and worried about what it means for their personal privacy and freedom. Yet, it's widely considered immoral to remain passive when one has the direct ability to prevent immoral actions, especially serious offenses like child exploitation. If Telegram's technology had been decentralized to the point where Pavel clearly couldn't influence what was happening on the platform, it's unlikely anyone would attempt to arrest him or accuse him of anything. Why? ... 1/2

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There is now $60M of BTC collateral and $30M of USDC active loans coming directly from the @coinbase App onchain on Morpho on @base.base.eth. Numbers growing linearly as the app is rolled out to more users.

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Yestarday @coinbase launched crypto-backed loans powered by Morpho in its main app! This is the largest-scale DeFi integration ever, with far-reaching implications for the future of DeFi, Crypto, and the entire financial industry. 👇

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