#morpho $MORPHO Basic information about Morpho Protocol (MORPHO)

Operational model: Morpho works by directly connecting borrowers with lenders through a peer-to-peer (P2P) model, which helps reduce the spread between borrowing and lending rates, while ensuring liquidity by automatically redirecting to traditional liquidity pools if a suitable P2P pair is not found.

Goal: The protocol aims to provide better interest rates for both borrowers and lenders while maintaining the risk and liquidity parameters of the underlying protocols.

Outstanding features:

Higher capital efficiency: Lenders can earn higher yields and borrowers pay lower interest rates.

Decentralization and security: The protocol operates on the Ethereum blockchain and has been security audited by various companies.

Flexibility: Morpho Blue, an improved version, allows the creation of custom lending markets with flexible parameters.

MORPHO Token: It is the native utility and governance token of Morpho Protocol, allowing holders to vote on important decisions related to the protocol's development, manage market parameters and the DAO treasury. @Morpho Labs 🦋