Nivo: LP Model Adds EM FX Yield to Morpho Vaults
Nivo LP model brings exogenous EM FX carry yield to Morpho vaults as curators seek differentiation beyond blue-chip lending.
SourceAnalysis
Nico highlighted at Morpho's Vault Summit that top vaults concentrate 80% of loans in simple blue-chip markets like cbBTC and WETH, prompting large LPs to bypass curators. Nivo stands out by injecting an exogenous EM FX carry basket yield source that competitors lack, aligning with the shift toward complex strategies across perps and public credit collateral.
Nico Velocity
@nicolares28Powering DeFi on Polkadot || CEO of Velocity Labs @v_labs || Colombian 🛠 in web3
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