Julien | Morpho 🕛

Morpho principal engineer, with Provençal roots

Build on Morpho

[Morpho 🦋 @Morpho]

Morpho Association has raised $175M to build the open credit network for the world.

Co-led by @paradigm, @a16zcrypto, @RibbitCapital with strategic participation from @apolloglobal, @vaneck_us, @circle_ventures, and @Ledger @Cathayinnov.

The round also included participation from @variantfund, @wmt_ventures, @preludexyz, @IOSGVC, @HashKey_Capital, @sbigroup, @Bpifrance, @mirana, @bamazizimesh, NJJ Capital and 10+ other strategic partners.

The funding will help accelerate Morpho's position as the foundation for onchain credit.

[Julien | Morpho 🕛 @Julien_devatom]

@MerlinEgalite @PaulFrambot it’s for you

[Morpho 🦋 @Morpho]

The Morpho Midnight Whitepaper

A noncustodial protocol for fixed rate, fixed term credit markets

https://t.co/0Sws6JiRsA

[Julien | Morpho 🕛 @Julien_devatom]

@PaulFrambot @MerlinEgalite do not complain when you'll be blocked in the elevator tmw

[Julien | Morpho 🕛 @Julien_devatom]

@PaulFrambot @MerlinEgalite can i join?

[Paul Frambot 🦋 @PaulFrambot]

As a follow up to the recent events involving Kelp DAO, I want to reiterate the following:

- Morpho smart contracts are safe and continue to operate as intended.
- The exposure was limited with curators taking preemptive measures immediately.
- Only ~$1M of ETH is borrowed against rsETH as collateral, across two isolated markets out of thousands.
- Of this, only 2 of ~500 Morpho Vaults (with >$10k in deposits) have exposure to these markets, with the final impact dependent on how the situation unfolds.
- Every other vault is not exposed thanks to Morpho’s fully isolated market design.

Although the direct impact to Morpho was limited, there may still be second order effects due to broader ecosystem exposure. Stay safe.

[Julien | Morpho 🕛 @Julien_devatom]

@PaulFrambot @carapulse wdyt

[Julien | Morpho 🕛 @Julien_devatom]

Morpho V2 = take (or make) intents.
Here is a preview of how a curator/LP/edge funds will be able to pick their opportunities

[Julien | Morpho 🕛 @Julien_devatom]

Pro tip: stop juggling generated tokens in GitHub Actions for npm publish. OIDC gives you short-lived creds, no leaks, no secret rotation.

It was introduced 1 month ago with GitHub Actions https://t.co/vMgRDRPqDQ

[Julien | Morpho 🕛 @Julien_devatom]

Cooking 🌯

[Julien | Morpho 🕛 @Julien_devatom]

Cloud needed ~15 years to go from “risky” to “default.” On-chain rails are perhaps at year 5-7 of that arc.

[Julien | Morpho 🕛 @Julien_devatom]

After today, we’ll be closer to 2050 than 2000

[Julien | Morpho 🕛 @Julien_devatom]

This is what fuels me every single day:

[Morpho 🦋 @Morpho]

Today, we unveil Morpho V2.

An intent-driven lending platform powered by fixed-rate, fixed-term loans.

Designed to liberate the potential of onchain loans.

[Julien | Morpho 🕛 @Julien_devatom]

@MorphoLabs 🦋

[Julien | Morpho 🕛 @Julien_devatom]

Git is basically a local blockchain for code: cryptographically linked commits, Merkle trees, and distributed copies

[Julien | Morpho 🕛 @Julien_devatom]

Why do credit cards have expiration dates?
It's a painful ux

[Julien | Morpho 🕛 @Julien_devatom]

@MerlinEgalite I reached 200rpm during this training 🥲

[Julien | Morpho 🕛 @Julien_devatom]

@MerlinEgalite "with partner" note that now we are no longer partners, only colleagues

[Julien | Morpho 🕛 @Julien_devatom]

@ruvaag @rubilmax which are always detected on Sunday

[Julien | Morpho 🕛 @Julien_devatom]

The biggest challenge in building the Morpho API is to have a dynamic and scalable way to price assets in USD while maintaining a coherent state.

[Julien | Morpho 🕛 @Julien_devatom]

@ruvaag Yes exactly! With the product growth, the "support what your api consumers want" becomes bigger & bigger ahah and Morpho is an infra so this support is very powerful on a product perspective.