Rewards Hub DeFi lending platform Morpho has secured $775 million in pre-deposits from Stable, a Bitfinex-backed stablechain. These funds will be managed by risk manager Gauntlet and allocated across various Morpho vaults. In a strategic expansion, Morpho has also announced support for Optimism, an Ethereum Layer 2 scaling solution, and is offering 300,000 OP tokens as incentives to attract new deposits.
Morpho Secures $775M Pre-Deposits, Expands to Optimism
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