DeFi lending protocol Morpho has announced the deployment of Morpho Blue and MetaMorpho contracts on the Goerli test network, as well as the release of a new Morpho interface. With Morpho Blue, isolated lending markets can be created by specifying any loan asset, any collateral asset, liquidation LTV (LLTV), oracle, and interest rate model. Morpho also introduces the AdaptiveCurveIRM, an immutable interest rate model designed specifically for Morpho Blue, which aims to maintain the ratio of borrowed assets to supplied assets (often referred to as utilization) at a target of close to 90%.
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DeFi lending protocol Morpho deploys Morpho Blue and MetaMorpho contracts on Goerli testnet
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