#BinanceHODLerMorpho Morpho is a decentralized lending protocol (DeFi). Think of it as a smarter way to lend and borrow cryptocurrencies. Its key difference is that it tries to directly match lenders and borrowers (Peer-to-Peer or P2P).

Advantage: This direct matching typically generates higher interest rates for lenders and lower rates for borrowers, making a more efficient use of capital than traditional protocols based solely on liquidity pools.

The Binance HODLer Airdrops program is an initiative by Binance to reward users.

Mechanics: If you hold the cryptocurrency BNB in certain Binance Simple Earn products (Flexible or Locked), you automatically qualify to receive free MORPHO tokens (an airdrop), with no need to do anything extra.$MORPHO

MORPHOEthereum
MORPHO
1.141
-4.03%