Thank you for this proposal. I am highly supportive for the following reasons:
- The proposed Compound x Polygon Morpho integration is exciting for all three parties involved. It will drive significant incentives to the Morpho instance on Polygon PoS, allowing Morpho to take market share from competitors there. Compound will benefit by leveraging Morpho’s best-in-class lending infrastructure and be able to better support a wide range of interesting collateral types. Polygon will establish a secure, immutable lending liquidity base to serve the needs of its users. This front-end will make it easy for Compound to launch there quickly.
- The Morpho DAO funding this development is a show of good faith given the substantial proposed incentive allocations by the Polygon and Compound DAOs.
- Open sourcing a simpler frontend than the one being developed by GFX/Oku will improve protocol decentralization. Since this frontend is focused on a single curator and a limited number of markets, it is a natural fit for other curators who want to run their own frontends for their Morpho vaults, or for other lending markets that want to tap into the Morpho stack and incentivize only their own vaults.