TLDR Tech / Crypto
Morpho Rebrands to Open Credit Network and Releases Morpho Midnight
Morpho has rebranded to "the open credit network for the world" and launched Morpho Midnight, a fixed-rate, fixed-term lending protocol. Built on Morpho Blue's architecture, Midnight aims to bring $200T of global credit on-chain using "offered capital" to match fixed-rate offers while funds earn variable rates. This design tackles previous fixed-rate protocol failures by allowing fungible positions for early exit/late entry. Upcoming integrations include Kraken, Trezor, Stable, Circle Arc, and Figure.
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