Morpho launches fixed-rate lending protocol Midnight on Base

Odaily Planet Daily: Decentralized lending protocol Morpho announced that it has officially launched fixed-rate, fixed-term lending agreements called Midnight on the Base network, aiming to bring traditional credit market models into the on-chain financial ecosystem and further expand the on-chain credit market.

Midnight was first disclosed in May this year. After this public rollout, it will complement Morpho’s existing floating-rate lending protocol Morpho Blue, providing users with fixed-rate lending options. (The Block)

MORPHO3.51%
BLUE-2.91%
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