Summary
TLDR: Gauntlet joins lending protocol Morpho Labs as a Risk Curator after leaving Aave due to tensions with Aave and accusations of trying to prevent Morpho’s growth. Morpho’s CEO believes Gauntlet’s expertise will strengthen Morpho’s network and bring better outcomes for users. Morpho Blue allows for externalized risk management through risk-managed vaults, with teams already building various vaults with different collateral exposure.
Key Points
1. Gauntlet is joining lending protocol Morpho Labs as a Risk Curator, after leaving open-source liquidity protocol Aave.
2. Tensions between Aave and Morpho have been growing, with accusations being made against Aave for attempting to prevent the growth of Morpho.
3. Morpho’s CEO, Paul Frambot, highlighted that the expertise and reputation of Gauntlet will strengthen Morpho’s network, as they work on building risk-managed vaults for lending opportunities.