Morpho-Aave Dai Stablecoin MADAI
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Description
What is the project about?
Morpho is a Lending protocol on the Ethereum Blockchain.
What makes your project unique?
It is a lending pool optimizer and can be seen as a peer-to-peer layer on top of lending pools like Compound or Aave. Rates are seamlessly improved for suppliers and borrowers while preserving the same liquidity and risk parameters. In short, Morpho-Compound is an upgraded version of Compound, and Morpho-Aave is an upgraded version of Aave. As such, Morpho enhances your rates while preserving the same user experience, the same liquidity, and the same parameters as the underlying protocols
History of your project.
Morpho has reached more than 600M $ worth of deposited assets
What’s next for your project?
Launch of Morpho-Aave-V3, the third instance of Morpho
What can your token be used for?
Deposit and earn yields on the deposits.