🚀 Morpho — The New Era of DeFi Lending 🚀

Announced in October 2023, Morpho introduces a new core layer that replaces the traditional Aave/Compound overlay with a trustless, minimalist lending primitive. This is not merely an upgrade — it is a redesign that prioritizes permissionless innovation, security, and simplicity.

What makes Morpho special:

🔒 Immutable markets: Markets are non-upgradeable, which increases predictability and reduces the risk of surprise protocol changes.

🌐 Permissionless creation: Anyone can create a market with any collateral/borrow asset, any collateral ratio (LLTV), any oracle, and any interest-rate model.

⚙️ Minimalist, trustless design: By removing unnecessary complexity, Morpho Blue reduces gas costs and attack surface while promoting composability and efficiency.

@Morpho Labs 🦋 $MORPHO

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