Morpho launched Lend Callbacks on its Morpho Markets app, a feature that allows users to earn variable yield on capital locked in lend limit orders while waiting for execution. This solution uses stateless and immutable contracts that automatically redirect funds to variable-yield sources until a borrower accepts the offer. Users can also set a variable-rate floor while quoting a higher fixed rate on the order book, allowing them to benefit from the better of the two scenarios. This feature builds on Morpho’s fixed-rate lending infrastructure, including Morpho Midnight and Tenor, and is now available on the Morpho Markets application.
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