DeFi lending protocol Morpho deploys Morpho Blue and MetaMorpho contracts on Goerli testnet

Odaily News DeFi lending protocol Morpho announced the deployment of Morpho Blue and MetaMorpho contracts on the Goerli test network and released a new Morpho interface. Morpho Blue can create isolated lending markets by specifying any loan asset, any collateral asset, liquidation LTV (LLTV), oracles, and interest rate models. Morpho also introduces AdaptiveCurveIRM, an immutable rate model (IRM) designed specifically for Morpho Blue. AdaptiveCurveIRM aims to maintain the ratio of borrowed assets to supplied assets (commonly known as utilization) at a target close to 90%.