Paul Frambot | Morpho Profile picture
Co-founder & CEO @MorphoLabs. Making financial infrastructure a public good.
Jan 16 6 tweets 2 min read
Coinbase launches crypto-backed loans powered by Morpho in its main app!

This is the largest-scale DeFi integration ever, with far-reaching implications for the future of DeFi, Crypto, and the entire financial industry.

👇 1/ Crypto-backed loans on Coinbase, powered by Morpho.

Borrow USD with Bitcoin collateral, directly within the Coinbase main app.

Feels like a web2 product (no gas/chain/wallet) but with the full power of onchain infrastructure (liquidity, efficiency, collateral guarantees)
Oct 4, 2022 7 tweets 2 min read
How token incentives can actually slow down DeFi ecosystem growth

🧵 I never read long threads so I’ll be quick:

1/ Too much focus on token design rather than mechanism design.
2/ Incentives conceal actual innovation.
3/ Some mechanisms weirdly rely on incentives.
4/ What can we do about it?