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Seoul
@seoul
1/🧵 Compound Bends the Knee? Since launch, Compound’s Morpho vaults have earned just $31 despite $1.5mm in COMP incentives. Is it a strategic adaptation or a risky gamble for Compound? Let’s break it down ⬇️
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Seoul pfp
Seoul
@seoul
2/ Overview Compound, once a DeFi lending powerhouse, has faced increasing competition from Aave, @morpho, @euler. To stay relevant, it’s partnering with Gauntlet and Morpho to launch vaults on Polygon with $1.5mm in $COMP incentives matched by $1.5mm in $POL
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