Polygon rejects proposal to bridge funds into Morpho to drive DeFi growth
The Polygon community has decided against a proposal to deploy $1.3 billion in stablecoins from its Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi plat...
Source: CryptoSlate
The Polygon community has decided against a proposal to deploy $1.3 billion in stablecoins from its Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi platform. The announcement, made on Dec. 17 through Polygon’s official social media account, highlighted concerns raised by users regarding the lack of a consent mechanism and […]