Your lending limit orders now earn floating-rate yields from @gauntlet_xyz's @morpho vault before being taken.
1οΈβ£ Place a limit order
2οΈβ£ Earn floating rate yield
3οΈβ£ Earn fixed rate on the matched amount
Try it on Ethereum, @Base, or @Berachain π
https://t.co/JF2jnbzDag
when people say crypto is dead, they don't mean the industry
the fundamentals of this industry are looking good
what they mean is that their ability to extract money from dumb retail has vanished - and with it their passion for this space
in this new era of crypto you actually have to build things of value to make money which understandably isn't for everyone
The endgame isnβt farming.
Itβs capital markets β on-chain.
Not incentive loops. Not mercenary liquidity. But real infrastructure:
β’ Yield curves
β’ Fixed income
β’ Structured liquidity
β’ Defined risk markets
The next era of DeFi wonβt be louder.
It will be more disciplined, more predictable, and more capital-efficient.
Capital markets, rebuilt for the internet.
Weβre just getting started.
π πΆπΉπ²πππΌπ»π² ππ»πΉπΌπ°πΈπ²π± π
π±π°π―π―π²π¬+ πΏπ²π΄πΆπππ²πΏπ²π± πππ²πΏπ and growing.
Thank you to everyone building, testing, debating, and shaping TermMax with us.
This milestone belongs to the community.
More coming soon, as the journey continues! π¬
UNIfication has officially been executed onchain
β Labs interface fees are set to zero
β 100M UNI has been burned from the treasury
β Fees are on for v2 and a set of v3 pools on mainnet
β Unichain fees flow to UNI burn (after OP & L1 data costs)
Let the burn begin
Protectionism is always bad for the end user, here is a real example
Coinbase users get the worst rates on the market simply because morpho and cb signed an exclusive deal, and now cb users pay more than 50% more on their cbbtc loans than elsewhere, ~7% vs 4-5%
funny enough, I described the situation to gpt and it says that this probably violates several antitrust laws
β’ Exclusive dealing (Clayton Act Β§3)
β’ Potential tying (Sherman Act Β§1)
β’ Vertical foreclosure (FTC Act Β§5)