The compound starts treasures to polygon morphs

The decentralized compound to finance the Protocol is in marching with plans to touch its competitive morfo with the launch of new polygon loan treasures.

The new vault went live on March 13. March at 11:30 am in Eastern Time.

Comes after a Management proposal directed to the Morfo-A (Morpho) -Stra polygon vaults (Gender). Gauntlet and Compound (Comp) Launch new treasury vault with $ 3 million incentive – 1.5 million dollars per compound and polygon.

Although this move was already the main point of conversation for the company’s owners and a broader definitive community, the announcement signals a significant transition into decentralized lending areas. In essence, the compound is exceeded from its own technology in Morphoin’s infrastructure – great development in Defi landscape.

Morpho co-founder and director Paul Frambot described the development as a “moment in its entirety”.

“We came a full circle with the choice compound to build on Morfo. Morpho started on top of the compound before developing in completely independent borrowing at Morpho,” Frabot noted.

In January, Gauntlet presented a proposal that focused a new vault for lending on the polygon. The platform viewed as a strategy for improving risk controls, accelerating the list of assets and offers a sustainable way forward to compound.

Significant, the compound has seen to decline market share as AAVE (Take) And Morph is growing, with AEAV V4, seen as an upgrade that would further reduce the income and size of the compound market.

Using Morpho for generating yield, criticized It is from others to use Compartment’s owners, according to the management proposal.

The compound will use Morphoir’s lending infrastructure, risk management framework and POS low fees and deep liquidity to reshapse the landscape on chain lending.

Morpho, who raised 50 million dollars In the district of financing assisted by Kojan Codes and A16Z in 2024. years, currently has the total value of locked over $ 3 billion. TVL for Defial AAVE by definition is over $ 17 billion and The compound is $ 2.3 billion.