Felix x Morpho
Felix continues to build out the most secure borrowing platform on HyperEVM with this instance of Morpho.
This unlocks new use cases that aren’t already possible with the Felix CDP and expands the use of feUSD.
A few of the use cases that will be enabled by Felix integrating Morpho:
> Direct borrowing of fiat-backed stablecoin HUSD
> Isolated markets for long-tail collateral assets as well as lending opportunities for feUSD
> Optimized looping of yield-bearing assets like kHYPE
The Morpho codebase is one of the most renowned in DeFi, having undergone audits from Spearbit and Open Zeppelin with $2.5M of outstanding bounty on Cantina as well as formal verification by Certora in December of 2023. The Morpho codebase is immutable and governance-minimized.
Rollout will take place in the coming weeks.
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