South Korea's M2 money supply month-on-month rate for May

"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.

Morpho has emerged in the Decentralized Finance ( DeFi ) space with a peer-to-peer lending model, achieving a total lending value of $903 million, surpassing Compound. Morpho Blue adopts a point-to-pool model, improving capital utilization efficiency, enhancing the lending experience, and driving DeFi towards a more efficient and flexible direction.

The Morpho protocol enhances the efficiency of DeFi lending through an innovative peer-to-peer lending model and Morpho Blue, addressing the inefficiencies of traditional liquidity pools, with a total lending value exceeding $900 million. Its independent lending pools and flexible Risk Management will drive the DeFi market towards a more competitively efficient direction.

The USD0++ stablecoin de-pegging event of Usual has attracted widespread attention. The article analyzes the project’s token system, economic model, and reasons for the de-pegging, pointing to the impact of the conditional redemption mechanism on the market, as well as its precise strike against high-leverage circular loans. The event has exposed issues such as insufficient user participation and centralized project governance, while emphasizing the self-correction and development of the Decentralized Finance industry.