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Polygon rejects proposal to bridge funds into Morpho to drive DeFi growth – TON BOT

Polygon rejects proposal to bridge funds into Morpho to drive DeFi growth

The Polygon community rejected a proposal to deploy $1.3 billion in stablecoins from its PoS bridge to yield-generating programs on Morpho, citing security and ecosystem risks. Critics warned of potential vulnerabilities and liquidity crises. A dispute with Aave over security concerns ensued, ultimately leading to the proposal’s rejection.


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