DeFi Protocol expands to first L2 with launch on Base
Morpho, a decentralized finance (DeFi) lending and borrowing protocol on Ethereum, has expanded to its first layer-2 with launch on Base, an L2 scaling network for Ethereum that Coinbase introduced in 2023. While Morpho initially launched on the Ethereum blockchain, its going live on Base to tap into a growing DeFi ecosystem. Morpho is a protocol that offers a peer-to-peer platform for liquidity, with users able to tap into a more robust capital utilization rate.
Source
https://t.me/DeFi_Ethereum
