Mathis retweeted
Morpho Association has raised $175M to build the open credit network for the world.
Co-led by @paradigm, @a16zcrypto, @RibbitCapital with strategic participation from @apolloglobal, @vaneck_us, @circle_ventures, and @Ledger @Cathayinnov.
The round also included participation from @variantfund, @wmt_ventures, @preludexyz, @IOSGVC, @HashKey_Capital, @sbigroup, @Bpifrance, @mirana, @bamazizimesh, NJJ Capital and 10+ other strategic partners.
The funding will help accelerate Morpho's position as the foundation for onchain credit.
Mathis retweeted
The Morpho Midnight audit competition is now live on @cantinasecurity
cantina.xyz/competitions/467…
Mathis retweeted
The Morpho Midnight Whitepaper
A noncustodial protocol for fixed rate, fixed term credit markets
morpho.org/whitepapers/midni…
After one year in the making, Vaults V2, the first piece of the Morpho V2 stack, are out! Thoroughly designed, verified, and audited, with the help of the best security firms. And it is fully open source!
The 1→100 moment for vaults is here.
Morpho Vaults V2 is a new open-source standard designed to power the future of asset curation.
Live now on @ethereum and soon onchain everywhere.
Morpho is hiring a Senior Protocol Engineer to help research, design and ship the protocols which will power global open access to capital. Join us on this exciting mission! xitter.cf/i/jobs/195749626954032…
what was the rationale for choosing the current solution (setting a new code revokes the previous one) against a revoke mechanism of codes one by one (allowing to delegate to multiple codes at the same time)?
With high incentives though, you can get to negative borrowing costs (like Compound had for a very long time for example), which breaks the "equivalence".
And anyway, for reasonable incentives, I'm not sure that it changes that much equilibriums to put them on one side or the other: giving incentives to lenders means cheaper borrowing, and giving incentives to borrowers means more profitable lending.
missing an aggregator (on or offchain), routing to the cheapest flashloans (fee + gas) for given amount, token and chain
on Morpho Blue you can use markets with tokenised deposits as collateral if you want rehypothecation
other example: @optimizoor's Solady is getting its fork github.com/Vectorized/soledg… taking advantage of the newest evm changes that will have to be maintained in parallel
the evm evolving (push0, tstore, mcopy) feels good but having to also maintain versions compatible with L2s that don't have these changes yet is really annoying...