Compound launches Compound DAO governance treasury on Morpho
ChainCatcher news, Compound announces the construction of a DAO-managed vault on Morpho, managed by Gauntlet, where users can earn yields and lend by depositing into the vault. Compound will take 10% of the yields generated from the vault as DAO revenue.
In addition, Compound has launched a Morpho-driven vault on Polygon and allocated $3 million in COMP and POL incentives to accelerate ecosystem growth.
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