No joke when i say I start to see the cracks for Morpho's markets, not vaults.
Yes anyone can create market, but also anyone can create ass markets with parameters that curators may not agree upon.
You can easily realize this if you try creating a market yourself. I wanted to be cheeky making a PT-token vault but was horrified at how discretionary the choice of oracle and LTV can be. Look at the LTV in the pic lmao
Surprised oracle comapnies aren't creating slop markets en masse because I think that's the bottleneck to Morpho in a way.
I guess some people take a shortcut and hard code lmao. Also, I wonder how many markets are created by the vault risk managers themselves
3.13K
11
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.