Morpho price

.@MorphoLabs makes me bullish 🤌🍌 👉V2 is dissolving lending market fragmentation and scaling DeFi lending into the trillions 👉DACM buying (no wont leak their addresses🙏) 👉Eventually giants like @RevolutApp and other ones will integrate @MorphoLabs; future looking bright 🍌 👉As @PaulFrambot said, they dissolved the equity side and now the only way to gain exposure is through $MORPHO

The Alpha in Arbitrum's DRIP is upstream 🏃‍♂️DRIP helps Arb to play catchup, then lead What arbitrum is doing is called market development (see ansoff) which is to basically bring existing products into new markets. These products, morpho, aave, euler already have PMF. Maybe they are waiting for the incentive push to arrive to drive marketing idk but just know that these things are tried and tested and a nudge is needed to drive people towards these protocols on ARB 🫨 The Pull, or perks, may not be strong enough However, if you have been following trends in Base and ETH you’ll realize that a lot of the TVL driving these protocols (apart from LSTs) are things like Pendle and Ethena But Pendle and Ethena’s TVL on Arb is sadge. - Pendle’s TVL on Arb is only 98m compared to ETH’s 9.4b - I can’t find ethena on Arb (defillama) but on ETH is 12.72b 🧐 The core issue Given this, TVL growth is pretty quickly bottlenecked by the lack of competitive yields. afaik leveraged looping has mature a lot since the terra days and there are now professionals and tools that do this. This commodifies the strategy and makes it accessible, therefore the bottleneck quickly becomes a function of asset availability (which also drives risk exposure). 🗒️The thesis IMO, for yields to be competitive, these protocols need to onboard such higher-yielding assets on it. Or else, the entire yield that a user experiences basically comes from the airdrop either from protocol or ARB which is almost certain that people would churn once the program ends. Leveraged looping is not very stable so its hard to do for long. But parking assets without leverage into higher yielding assets is cognitively and operationally easier ⛹️‍♂️The play A play you can go for is to either provide liquidity in Pendle, or due to the progressive roll out of increasing incentives for winning dominating protocols, maybe split capital based on the market share as a naive rule of thumb weighting scheme of top protocols. This is just a rough market share across the Defi space and we may likely see the same pattern over time. Of course things would change if DRIP focuses on TVL growth as a way to direct more incentives but we’ll revisit this. You can track this on Entropy's dashboards but I'd let them do the honors of launching it haha.