The Morpho Association proposes to increase the USDC rewards rate by 0.5% on Base to face the large borrowing demand coming from the CB borrow product on top of Morpho. There’s almost $500m of active USDC loans as of now.
The Morpho Association proposes to increase the USDC rewards rate by 0.5% on Base to face the large borrowing demand coming from the CB borrow product on top of Morpho. There’s almost $500m of active USDC loans as of now.