Odaily Planet Daily reports: The decentralized lending protocol Morpho has officially launched Midnight, a fixed-rate, fixed-term lending protocol on the Base network, aiming to bring traditional credit market models to the on-chain financial ecosystem and further expand the on-chain credit market.
Midnight, previously disclosed in May this year, will complement Morpho's existing variable-rate lending protocol, Morpho Blue, by offering users a fixed-rate lending option upon its public launch. (The Block)