The DeFi lending protocol Morpho has reactivated the ability to provide liquidity to the Aave optimizer

2023-06-04 11:24:15

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ChainCatcher news, the DeFi lending protocol Morpho tweeted that the ability to provide liquidity to Aave Optimizers has been reactivated, and the situation has returned to normal. The restoration of Compound Optimizers will take place immediately after the relevant contracts are fixed, followed by a detailed report on the issue.

According to the crypto data platform RootData, Morpho is a lending protocol that combines the current liquidity pool model used in Compound or AAVE with the capital efficiency of a P2P matching engine used in order books. Morpho-Compound improves upon Compound by providing the same user experience, the same liquidity, and the same liquidation parameters, but with increased APY due to peer-to-peer matching. Additionally, Morpho completed a $18 million funding round last July, led by a16z and Variant. (Source link)

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Morpho DeFi lending protocol

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