TechFlow news: DeFi lending protocol Morpho has announced the deployment of Morpho Blue and MetaMorpho contracts on the Goerli testnet, along with the release of a new Morpho interface.
Morpho Blue enables the creation of isolated lending markets by specifying any loan asset, any collateral asset, liquidation LTV (LLTV), oracle, and interest rate model.
Morpho has also introduced AdaptiveCurveIRM, an immutable interest rate model (IRM) designed specifically for Morpho Blue. AdaptiveCurveIRM aims to maintain the ratio of borrowed assets to supplied assets—commonly known as utilization—close to a target of 90%.
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