Compound launched the Compound DAO governance treasury on Morpho

MarsBitNews
COMP-0,63%
MORPHO2,91%

Mars Financial News, on March 14th, Compound announced the construction of a DAO-managed treasury on Morpho, managed by Gauntlet. Users can directly earn profits and borrow by depositing into the treasury. Compound will take 10% of the treasury’s profits as DAO revenue. In addition, Compound has launched a Morpho-powered treasury on Polygon and allocated 3 million USD in COMP and POL incentives to accelerate the ecosystem rise.

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