Morpho

Morpho is an optimized gateway for decentralized lending.

What problem is Morpho trying to solve?

The main interest rate protocols in DeFi, such as AAVE, Compound or CREAM, operate on pool-to-peer models.

Many lenders provide liquidity in the pool, and borrowers can help themselves and borrow from this pool. Morpho works as a loan pool optimizer ; it improves the capital efficiency of positions in loan pools by seamlessly matching lenders and borrowers in a peer-to-peer network.

So Morpho improves your rates while maintaining the same liquidity, liquidation guarantees and risk parameters associated with the underlying protocol.

The project has had two rounds of funding totaling $19.35 million from funds such as A16z, Coinbase, Angel Dao, Nascent and others.

The protocol has 4 cofounders, all young guys under 25 years old. The main founder raised $1.3 million before he reached the age of 21 and completed his last year of college.
Imagine how ambitious and charged with success are the guys there that the Tier-1 funds have believed in them, although the guys have only a few college courses under their belt.

Updated on: 16/01/2024