Building the open credit network for the world
Joined July 2021
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Morpho 🦋 retweeted
Morpho is not relying on Railway, nor PHP as programming language to run different services.
Morpho Apps and products are safe to use.
Explore P2P Orders on the Markets App
markets.morpho.org/p2p?utm_s…
Morpho 🦋 retweeted
Today, we are releasing a new piece on the opportunity to bring receivables-backed credit onchain and the work we’ve been doing with Morpho Midnight to make these new markets possible!
With each new credit market we onboard, we get closer to bringing the world’s $200T of credit onchain, one loan type at a time.
More on this very soon!
Morpho 🦋 retweeted
Clovis private mainnet is now live.
Clovis brings yield, bridging assets, and borrowing against collateral into a single unified account. Deposit across supported chains, move assets seamlessly between them, and use eligible positions to natively borrow on @base in markets built on @morpho.
Explore Clovis at clovis.network
Morpho 🦋 retweeted
RWAs represent $1.8B of total deposits on Morpho.
I would not be surprised if tokenized equities represent a large portion in a year or so (like >10%+).
Product and protocol teams cooking on that front btw 🙈
“Our belief is that tokenized equities will be the largest demand driver for tokenization onchain, since the birth of stablecoins.”
- @stablenzo from @circle during @Vault__Summit Singapore
“Our belief is that tokenized equities will be the largest demand driver for tokenization onchain, since the birth of stablecoins.”
- @stablenzo from @circle during @Vault__Summit Singapore
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Updating the post below, since it was popular with readers.
The ability to use BTC as collateral continues to grow. This is important for any asset and it should be watched, because it increases utility and inherent value.
Coinbase recently added to its “borrow” product that lets customers borrow cash using their BTC as collateral. There are now three options. See the screenshot below (taken today).
Recap: You deposit BTC as collateral and get USDC, which is immediately convertible to USD, then a quick transfer to your linked bank account. Attractive rates. You can choose to repay the loan whenever you want, at which point you get your BTC back (so you retain any future price appreciation).
That’s a very attractive option for various types of borrowers ranging from individuals to small businesses.
I’ve been surprised by how many people -- even veterans of the BTC space -- don’t seem to be aware of how easy this process has become, or that it even exists. But make no mistake: This is huge financial innovation. And Coinbase definitely isn’t alone -- other companies also offer this product.
Keep watching as BTC collateral usage grows. Over the long term, it’s important.
Morpho 🦋 retweeted
EURe lending and borrowing are live on @Morpho on @arbitrum.
Individuals and businesses can supply EURe to the @kpk_io curated vault or borrow EURe against supported collateral in Morpho lending markets.
Onchain euros, connected to SEPA payments.
New vault: compliant, diversified euro yield onchain 🇪🇺
KPK’s EURe Yield vault on @arbitrum puts @monerium’s MiCAR-regulated EURe to work across lending markets on Morpho, curated and monitored 24/7 by KPK.
Live now, with rewards for early depositors by @merkl_xyz
A confidentiality milestone for onchain credit
$100M+ is now earning yield from Morpho Vaults via @zama, with positions and earnings kept in confidence.
MILESTONE:
$100M+ is now earning yield on @Morpho using confidential tokens.
The same curators and strategies institutional capital already uses. Positions and earnings stay encrypted onchain.
Deposit and earn at app.zama.org/earn
Morpho 🦋 retweeted
gm
Over the last 12 months, Morpho grew 53% while lending and DeFi declined -36% and -41% respectively
Morpho 🦋 retweeted
With @tempo zones & Morpho infra, curated by @SentoraHQ, @deel is bringing yield to their users while preserving privacy.
This is a pretty cool demonstration of what the future looks like.
Millions of @deel users can now earn Morpho powered yield privately.
Idle balances are routed via @tempo Zones before depositing in Morpho Vaults curated by @SentoraHQ, making positions and earnings private.
Morpho 🦋 retweeted
(1/3) RockawayX Vault Curation has crossed $100M in @Morpho deposits!
Across 15 vaults, we've focused on differentiated RWA yields like reinsurance, PayFi, auto loans, and trade finance. We've also built out EUR liquidity with products like Belem RWA EURCV and our EUROP Prime vault.
Moving forward, we'll continue advancing our thesis in both areas.