Morpho Lite Launch

"Title: Pioneering Peer-to-Peer Lending in the DeFi Revolution" "Written by: Paul Veradittakit, Partner at Pantera Capital" Compiled by: Chris, Techub News Morpho is surpassing traditional protocols such as Compound and changing the DeFi landscape, showcasing the power of its innovative lending model. Initially using Morpho Optimizers for direct peer-to-peer credit limits, Morpho has now expanded to include Morpho Blue, which adopts a point-to-pool model that combines the best of both worlds to improve efficiency.

The first-generation DeFi with the first-mover advantage is still evolving.

USDe has achieved significant rise in a short period of time, driving an increase in MakerDAO's revenue and enhancing the vitality of the DeFi ecosystem. The high stake yield of USDe stimulates lending demand, and MakerDAO distributes a large amount of DAI loans through the D3M module, creating considerable annualized income. However, survival risks and market competition will affect the sustainability of this growth model.

Recently, the DeFi industry has been experiencing rapid developments, with the stablecoin market seeing significant growth in projects such as Ethena's USDtb and Resolv's Delta neutral protocol. Additionally, the expansion of the Superchain ecosystem, along with new initiatives from Convex and Yearn regarding decentralized stablecoin protocols, demonstrates an acceleration in industry collaboration and innovation, as various projects work together to promote ecosystem integration.

Base is an Ethereum Layer 2 network launched by Coinbase, utilizing Optimistic Rollups technology. Since its launch, key metrics such as TVL, user count, and volume have continued to rise, surpassing several established projects. Its ecosystem covers areas like Decentralized Finance, Gaming, and more, showing a promising outlook.