The DeFi lending protocol Morpho has released a new protocol white paper, Morpho Blue, and will launch a new protocol testnet in the coming weeks
ChainCatcher news, the DeFi lending protocol Morpho has released a new protocol white paper for Morpho Blue. Morpho Blue allows the creation of isolated lending markets by specifying any loan asset, any collateral asset, liquidation LTV (LLTV), oracles, and interest rate models. Morpho Blue offers higher collateral factors, increases interest rates, and reduces Gas costs by 70%. Anyone can create a market, and the market can consist of any assets. Morpho will launch the Morpho Blue testnet in the coming weeks.
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