Morpho: Ushering in DeFi’s Next Era | Paul Frambot

Morpho: Ushering in DeFi’s Next Era | Paul Frambot – Bell Curve

Market views

Bullish

DEFIINFRA— DeFi should focus on becoming the infrastructure and order book for aggregating all distribution channels, positioning itself as the backbone of the financial system rather than competing directly with end-user products.
MORPHO— Morpho's approach to security through formal verification of smart contracts provides a competitive advantage in the DeFi space, ensuring that protocols execute according to their specifications.
DEFI— DeFi interest rates should be set at the maximum between treasury bond rates and the funding rate, reflecting a balanced approach that considers both traditional finance benchmarks and crypto-specific market dynamics.
FINTECHDEFI— There's a good chance for fintech companies, neobanks, and asset managers to adopt DeFi in the current crypto cycle, with increasing likelihood as the cycle progresses.

Bearish

DEFI— DeFi protocols diversifying into multiple verticals may not be the best long-term strategy, as a focused approach aligned with a clear mission is likely more beneficial.

Not investment advice.