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A Detailed Explanation of Morpho: A Lending Protocol Aggregator Optimizing Capital Efficiency

Morpho builds an aggregator based on existing PLFs such as Compound and AAVE, aiming to optimize the capital efficiency of lending protocols. By implementing "Pareto improvements" on existing PLFs, it attracts more users to the Morpho protocol.
2022-07-20
Morpho
A Detailed Explanation of Morpho: A Lending Protocol Aggregator Optimizing Capital Efficiency
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