Morpho is a lending protocol built on Ethereum, fundamentally utilizing Aave and Compound as capital buffer pools. It optimizes interest rates for lenders and borrowers through matching mechanisms. For users, Morpho ensures they receive at least the same rates as Aave or Compound. Since Morpho is built on these protocols, it fully inherits their risk parameters and brand credibility. Currently, the Morpho protocol has two main versions: Morpho Blue and Morpho Optimizers.
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