複合實驗室正在提前計劃利用其競爭對手morpho

新保險庫將於3月13日東部時間上午11:30上線。這是在一項旨在將Morpho（Morpho）的保管庫帶到Polygon（POL）的治理提案之後。

Decentralized finance protocol Compound has launched new lending vaults on Polygon. The vaults went live today at 11:30 a.m. Eastern Time.

分散的金融協議化合物已在Polygon上推出了新的貸款保險庫。拱頂今天上午11:30在東部時間上線。

It follows a governance proposal aimed at bringing Morpho (MORPHO)-powered vaults to Polygon (POL).

它遵循了一項旨在將Morpho（Morpho）的保管庫帶到Polygon（POL）的建議。

Gauntlet and Compound (COMP) are launching the new lending vaults with $3 million in incentives - $1.5 million each from Compound and Polygon.

Gauntlet and Compound（Comp）以300萬美元的激勵措施推出了新的貸款保險庫 - 來自Compound和Polygon的150萬美元。

While this move has already been a major talking point for COMP holders and the broader DeFi community, the announcement signals a significant shift in the decentralized lending space.

儘管這一舉動已經成為Comp持有者和更廣泛的Defi社區的主要話題，但該公告標誌著分散的貸款空間發生了重大轉變。

Essentially, Compound is transitioning from its own technology stack to Morpho’s infrastructure - a major development in the DeFi landscape.

本質上，化合物正在從其自己的技術堆棧過渡到Morpho的基礎設施，這是Defi景觀的主要發展。

Morpho co-founder and CEO Paul Frambot described the development as a “full-circle moment.”

Morpho聯合創始人兼首席執行官Paul Frambot將這一發展描述為“全圈時刻”。

“We’ve come full circle with Compound choosing to build on Morpho. Morpho started as an optimizer on top of Compound before evolving into a fully independent lending primitive. Now, Compound is transitioning to build on Morpho,” Frambot noted.

“我們已經完整地圈出了Compound，選擇在Morpho上建立。 Morpho在化合物之上作為優化器開始，然後發展為完全獨立的貸款原始貸款。現在，化合物正在過渡到基於morpho，” Frambot指出。

In January, Gauntlet introduced the proposal targeting the new lending vaults on Polygon. The platform viewed the collaboration as a strategy to improve risk controls, accelerate asset listings, and offer a sustainable path forward for Compound.

1月，Gauntlet引入了針對多邊形新貸款保險庫的提案。該平台將協作視為改善風險控制，加速資產清單並為化合物提供可持續發展的途徑的策略。

The move comes as Aave is rolling out v4 of its protocol, which is expected to further shrink Compound’s revenue and market size.

此舉是隨著AAVE推出其協議的V4的，預計該協議將進一步縮小Compound的收入和市場規模。

Using Morpho to generate the yield, criticized by others, is a pathway to benefiting COMP holders, according to the governance proposal.

根據治理提案，使用morpho來產生收益，這是使補償持有人受益的途徑。

Compound will leverage Morpho’s lending infrastructure, Gauntlet’s risk management framework, and Polygon PoS’s low fees and deep liquidity to reshape the on-chain lending landscape.

Compound將利用Morpho的貸款基礎設施，Gauntlet的風險管理框架以及Polygon POS的低費用和深厚的流動性來重塑鏈上貸款景觀。

Morpho, which raised $50 million in a funding round led by Coinbase Ventures and a16z earlier this year, has a total value locked of over $3 billion.

Morpho在Coinbase Ventures和A16Z今年早些時候籌集了5,000萬美元的資金回合，總價值鎖定超過30億美元。

Aave has a TVL per DeFiLlama of over $17 billion and Compound’s is $2.3 billion.

AAVE的每日省TVL超過170億美元，而Compound的TVL是23億美元。