#Morpho @Morpho Labs 🦋 $MORPHO

Morpho — is a decentralized lending (lend/borrow) protocol in the DeFi space that operates as an overlay on existing platforms such as Aave or Compound, with the aim of increasing capital efficiency.

• The protocol uses a hybrid model: a combination of peer-to-peer matching between lenders and borrowers + liquidity pools when direct matching is not available.

• The MORPHO token is a governance token: it grants voting rights in the protocol's DAO, participation in decisions regarding parameters and the development of the protocol.

MORPHOEthereum
MORPHOUSDT
1.2137
+1.14%