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OneTrueKirk / onetruekirk.github.io

Ethereum, cryptoeconomics, governance
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salon/fireside #4

Open utterances-bot opened 1 year ago

utterances-bot commented 1 year ago

Morpho Fireside Review | OneTrueKirk

Ethereum, cryptoeconomics, governance

https://onetruekirk.github.io/salon/fireside.html

jfarid27 commented 1 year ago

I would be interested in learning more about Morpho. After reading this, I agree about the touchpoints on parameters and governance, in fast moving environments that require these brokers to manage risk. I would like to hear more on how Morpho approaches this, especially with price oracles since deciding who, how, and what prices are included in the systems seem to be a major concern with decentralized systems.

JLongarzo commented 12 months ago

I was at this talk and am quite familiar. I do agree with Kirk that the lending protocol narrative has merit but too quickly throws out decentralized brokers as an effective primitive that can be improved.

The vast majority of credit in the world of tradfi has an intermediary underwriting these loans. I believe that this will continue to be the case in crypto at least for a long time. I also think that Compound and AAVE have a ton of flaws that are not innate to decentralized brokers and that these can be solved and improved by better mechanisms and systems.