What is Morpho?
Morpho (formerly known as Morpho Blue) is a trustless and efficient lending primitive with permissionless market creation.
It enables the deployment of minimal and isolated lending markets by specifying:
- one collateral asset,
- one loan asset,
- a Liquidation Loan To Value (LLTV),
- an Interest Rate Model (IRM),
- and an oracle.
The protocol is trustless and was designed to be more efficient and flexible than any other decentralized lending platform.