TechFlow news, research firm Gauntlet will collaborate with lending protocol Morpho to design and manage risk for lending vaults. The company will use Metamorpho to design various lending vaults for Morpho.
Notably, Metamorpho is an open-source protocol for building permissionless lending vaults on top of Morpho. These lending vaults combine isolated markets and multi-asset lending pools, offering users a way to earn yield on their assets.
This move comes after Gauntlet recently exited its collaboration with AaveDAO, a competitor of Morpho, citing "misaligned guidelines." Notably, unlike its previous work with Aave, Gauntlet has not been appointed by the Morpho DAO. Instead of the typical DAO practice of selecting only one or two risk managers, Morpho adopts a permissionless mechanism enabled by MetaMorpho vaults.
