Coinbase from the US higher coding platform in the United States added to support for the ETHEREUM (ETHEUM) and the base.
In a new advertisement, coinbase He says It adds support for borrowing and lending the Morpho (Morpho) project, causing high digital assets.
The addition news was sent by the addition of ASSET CRYPTO from 2.05 dollars on February 27 to the peak of $ 2.42 in just one day. Morpho has since settled and has been traded for $ 2.21 at the time of writing this report, by 7.9 % during the past 24 hours.
Morpho, which was launched in 2022, says he uses an Oracle-Agnostic pricing model, which means that it will not be linked to a specific source of data feeding, according to the official. White paper.
“External prices, which are often called Oracles, have different designs of different accuracy and safety properties. For example, some Oracles can provide frequent and accurate updates of prices, but it may be very central or tampered with so that they are at the heart of the lending protocol.
To create the most flexible lending, some of the less oracle protocols merged pricing mechanics at their heart. However, by doing this, primitive must deal with both trading and lending mechanism simultaneously. This brings additional complexity, increased gas costs and reducing scrutiny and safety.
Moorpho is devoted exclusively to lending instead of trading. Its goal is to become the most open lending and primitive, while continuing to work in an unreliable way. That is why the protocol has an unlimited oriental approach instead of a less than Oracle. “
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