Morpho CEO Attributes Controversial Curator Business Post to AI Marketing Tool
The official X account of decentralized lending protocol Morpho posted a claim that most curator businesses cannot sustain operations solely on vault fees and rely on private distribution agreements. The post was deleted shortly after, drawing criticism from Aave founder Stani Kulechov, who called it a pessimistic outlook for MORPHO holders. Morpho CEO Paul Frambot stated that the post was generated by a third-party AI marketing tool. Morpho operates on Ethereum, utilizing a vault and curator mechanism to manage lending and borrowing.
Summaries are written by AI from the original article. Not investment advice.