With Societe Generale - FORGE today discussing how Morpho could be leveraged by the largest financial institutions. Right now holders of EURCV, MiCA-compliant stablecoin issued by SG-Forge, are earning up to 9% APY by lending on Morpho.
Alexandra Kugusheva’s Post
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Building Distributed Future
1wMassive respect onboarding these behemoths! Note that EURCV rate is slightly below 6% as the Merkl tranche decreased rewards roughly by 25% and borrow market is in positive territory. Still fantastic opportunity to understand the protocols better and test some strategies!