MIP 99 - Phase 2: Frontend for Compound <> Morpho <> Polygon Collaboration

📡 Protocol
MorphoMorpho
Voting URL
https://snapshot.box/#/s:morpho.eth/proposal/0x0490f19d8b4d263758dd11c2f21a8be3d136844c0581a62df4a5ce8b5f6a7de2
Type of Vote
Off-chain
Our Vote
For
Rationale

Extending the collaboration with simplified leveraged positions and a liquidity migrator from Aave seems highly beneficial. Although we have reservations about the potential impact compared to the $340M TVL on Aave’s Polygon market (which constitutes 37.9% of Polygon’s $896M TVL) and Morpho’s $4.8B overall, a $60k allocation is reasonable in light of expected leverage-driven gains.

Vote Date
March 27, 2025