The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge. Stani Kulechov, founder and CEO of Avara — the parent entity ...
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates. Allez Labs has submitted a pre-Polygon Improvement Proposal (PIP) to ...