Morpho Offers Lower Borrowing Costs
Morpho is a platform that helps borrowers save money on interest rates. It does this by matching borrowers directly with lenders, cutting out middlemen and reducing costs.
*How it Works:*
- Borrowers get loans at lower rates than traditional lending platforms.
- Lenders earn more interest on their deposits.
*Example:*
- If a borrower would normally pay 6% interest on a loan, Morpho might offer them a rate of 5.5%. This saves the borrower 0.5% in interest.
*The Benefit:*
- Borrowers save money on interest, making loans more affordable.
- Lenders earn more on their deposits, making lending more attractive.
