#BinanceHODLerMorpho Morpho is a decentralized lending protocol (DeFi). Think of this as a smarter way to borrow and lend cryptocurrency. The key difference is that it tries to match lenders and borrowers directly (Peer-to-Peer or P2P).
Benefits: This direct matching usually results in higher interest rates for lenders and lower interest rates for borrowers, making capital usage more efficient compared to traditional protocols that are only based on liquidity pools.
The Binance HODLer Airdrop Program is an initiative from Binance to reward users.
Mechanism: If you hold BNB cryptocurrency in certain products from Binance Simple Earn (Flexible or Locked), you automatically qualify to receive free MORPHO tokens (an airdrop), without having to do anything extra. $BNB $MORPHO


MORPHO
1.215
-0.24%