Trending topics
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
With Morpho, our goal is to create a lending network that anyone on earth can comfortably build upon.
Achieving a balance of power and ensuring credible neutrality are critical requirements imo.
In light of the recent piece by @VitalikButerin on the Balance of Power, below are some of the ways Morpho balances power:
→ Vault V2 is open source (GPL2), forstering diffusion of technology
→ Vaults can be made fully noncustodial, preserving user agency
→ The protocol is credibly neutral and permissionless: anyone can create any vault or any market, fostering competition between entities. No decentralized theatre, no rent seeking & gate keeping
→ Immutable: nobody can ever change the behavior of the protocol forever
→ Morpho does not do curation, again to foster competition
→ One single asset (MORPHO), no equity that can skew incentives
→ etc
Projects that fail to create those safeguards will end up recreating the same monopolistic and value-extracting behavior that we're seeing in "Big Businesses" and that we're exactly trying to fix...
Top
Ranking
Favorites
