Today, Morpho is launching on @base, the first L2 in its history.
For the past two years, I have been opposed to deploying on any other chain because I wanted Morpho to maintain a narrow focus. At the time, we couldn't envision a new deployment doubling Morphoโs TVL. But things have changed.
I believe Base can outgrow the current deployment on Ethereum over the next year.
Base is being built to onboard the next billion users: low fees (op stack), UX (AA Kit), distribution & brand (Coinbase), โฆ and soon, Morpho will become the prime lending and borrowing protocol there.
To celebrate this launch, the DAO voted for a large number of MORPHO tokens to be distributed to the first users of Morpho on Base!
Excited to share that we're joining forces with @viamirror!
We've also raised $5m from USV and Coinbase Ventures to accelerate our mission of bringing even more creators onchain.
1/ ๐๐ฉ๐ช๐ด ๐ธ๐ฆ๐ฆ๐ฌ ๐ฐ๐ฏ ๐๐๐ ๐๐ฆ๐ฆ๐ฌ๐ญ๐บ ๐ธ๐ฆ'๐ณ๐ฆ..
..celebrating the progression! From the latest raises in the #NFT domain space (@unstoppableweb's $65M Series A ๐ฆ) to @launchhouse's ๐ new Web3 fund.
๐ช๐ฒ๐น๐ฐ๐ผ๐บ๐ฒ ๐๐ผ ๐๐พ๐ ๐๐๐๐ ๐ก๐ฎ!
https://t.co/GyKsR8nS4g
Morpho-Compound is a P2P layer on top of Compoundโs lending pool. Rates are seamlessly improved for both suppliers and borrowers whilst preserving the same liquidity and liquidation guarantees.
@PaulFrambot and team, nice job!
You have a position on @CompoundFinance? You can now upgrade your yields.
Morpho-Compound is live! ๐ฆ๐ข
https://t.co/As1z9raWYw
https://t.co/XBZeuwUwJM
I have this old 2006 BusinessWeek framed as a reminder. The โrisky betโ that Wall Street disliked was AWS, which generated revenue of more than $62 billion last year.
@benemills@ianDAOs Thanks for answering @benemills. How would you decentralize the value chain in e-commerce? Do you see it as platform connecting buyers and sellers but sharing the value created/captured with all stakeholders (sellers, employees, and buyers) ?
@BlackpoolHQ is an interesting case of NFT Investment DAO with a hybrid approach combining deep expertise per NFT vertical and machine learning to generate yield. You should check it out !
๐จ BREAKING NEWS ๐จ๐ฆ We are thrilled to continue our series of announcements with some massive news: BlackPool secured a sweet $6M contribution from all-star gaming VCs !๐ฅ Join us and let's build the future together! ๐
#NFTs#playtoearn#Metaverse
https://t.co/pd8pcGMH8k
1/ NFT Valuation Heuristics: valuation is a strange, ephemeral thing, but typically the 1st Q in finance. Our research team previously did valuations with art (Warhols, Hockeys), crypto, real estate/REIT, mobile gaming and tech: let's start the convo on the heuristics for JPEGs