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kugusha 🦋
@kugusha.eth
AMA about @morpho 🦋 Morpho is a lending protocol with $6B in deposits. You can earn 9% APY on ETH, 4% APY on cbBTC, 17% APY on USDC on Base. - transparent risk management - tailored risk profiles for lenders - isolated money markets for borrowers - immutable code base ask your questions in the comments
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@links
Why are lenders borrowing ETH at higher rates from morpho instead of using something like aave?
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kugusha 🦋
@kugusha.eth
Rates to borrow ETH on mainnet Morpho: wsteth/eth - 2.06% wbtc/eth - 2.49%; Aave - 2.61% on Base Morpho: wsteth/eth - 1.77%, Aave - 2.16% on Morpho you also have higher LTV as there's 1 collateral asset vs multi-asset pool on Aave (they need to set LTV taking into consideration the most risky asset in the pool). Higher lTV means that you can borrow more with the same amount of collateral.
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