Gauntlet partners with rival Morpho for new lending products
Crypto risk manager Gauntlet has partnered with decentralized lender Morpho to create its own lending products using Morpho's service, MorphoBlue. This move was made after Gauntlet split from blockchain lending platform Aave. Gauntlet chose to work with Morpho due to their endorsement of a layered risk management approach, which is more efficient than Aave's traditional monolithic approach. The partnership also offers Gauntlet the potential to earn more money and greater flexibility. However, Gauntlet has lost support from Aave DAO due to their work with competitor Morpho, but denies any exclusivity agreement with them.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ZA Miner Introduces Free Cloud Mining Platform for Bitcoin and Dogecoin
ZA Miner, a UK-based cloud mining provider, has officially launched a new platform to make cryptocurrency mining more accessible to a broader audience.

OSC Warns of Surge in AI-Driven Crypto Scams as Canadian Fraud Losses Climb to $640 Million
According to the Globe and Mail report, the Ontario Securities Commission (OSC) is raising red flags over a sharp rise in cryptocurrency fraud across Canada, as scammers now weaponize artificial intelligence to swindle unsuspecting investors.

Arkansas City Planning Commission Rejects Crypto Mining Proposal Amid Strong Community Backlash
The Vilonia Planning Commission has unanimously turned down a proposed cryptocurrency mining facility within city limits, following weeks of vocal opposition from residents.

Bitcoin Climbs to $94,000 Driving Market Above $3 Trillion

Trending news
MoreCrypto prices
More








