Paul Frambot, co-founder and CEO of Morpho Labs, explains how Morpho is a decentralized and permissionless lending protocol that allows users to create customized lending and borrowing pools. Unlike traditional DeFi platforms like Aave, Morpho externalizes risk management, giving users control over their risk exposure and liquidity. Frambot shares how Morpho started as a rate-optimizing solution and evolved into Morpho Blue, a more scalable protocol with over $1 billion in deposits. He discusses the advantages of building in Europe, Morpho's vision to make financial infrastructure a public good, and how fintech partnerships could drive future DeFi adoption. We also touch on Morpho's upcoming token launch and its long-term strategy to compete with other major DeFi protocols.
0:00 - Intro to Paul Frambot
0:30 - What is Morpho and How it Differs from Competitors
2:00 - Paul's Background and Entry into DeFi
3:30 - Early Development of Morpho Optimizer
5:00 - Transition to Morpho Blue and Permissionless Lending
8:00 - Managing Risk, Liquidity, and Customization
11:00 - Real-World Assets and New Use Cases in DeFi
14:00 - Challenges and Advantages of Building in Europe
18:00 - Morpho's Long-Term Vision: Financial Infrastructure as a Public Good
23:00 - Future of DeFi: Fintech Integration and Token Launch
28:00 - Competition with Aave and Growth Strategy
33:00 - The Role of Fintech in Scaling DeFi
38:00 - Long-Term Vision for DeFi and Fintech
43:00 - Morpho's Upcoming Tokenomics and Governance
48:00 - Future Trends and Adoption in DeFi
52:00 - Closing Thoughts and Paul's Outlook on DeFi
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