Morpho is a DeFi Protocol which acts as a peer-to-peer layer on top of Compound. When matching users peer-to-peer, Morpho offers better interest rates to both lenders and borrowers on the Compound Protocol. The peer-to-peer layer added by Morpho does not change the liquidity and liquidation guarantees offered by Compound as a protocol.
- Name: Morpho
- Code: Open Source
- Yield Generation Source: Optimization of Borrowing / Lending
- Governance Token: Yes
- Governance Token Rewards: Yes
- Inception: 2022
- Bug Bounty: Yes, up to $555,555USD for critical bugs