$COMP
Compound has built a DAO-managed vault on Morpho, managed by Gauntlet, where users can earn income and lend by depositing into the vault. Compound will take 10% of the income generated from the vault as DAO revenue. Additionally, Compound has launched Morpho-driven vaults on Polygon and allocated $3 million in COMP and POL incentives to accelerate ecosystem growth, with Polygon Labs providing $1.5 million (POL) and Compound DAO providing $1.5 million (COMP). These incentives will be distributed over approximately 120 days to encourage lending activities.
This collaboration combines Compound's influence, Morpho's technology, and Gauntlet's risk management expertise to address the efficiency and risk issues in the DeFi lending market. Morpho-driven vaults have four core advantages: faster market deployment (new assets can be listed within 24 hours), immutable vault mechanisms, optimized liquidation mechanisms, and adaptive interest rate models.
