Morpho Boosted Markets

Morpho Boosted Markets allow Peridot users to lend assets like USDC or ETH and earn additional yield from Morpho Blue Vaults (ERC-4626).

πŸ“Œ Overview

In a standard Compound-style market, cash (liquidity available for borrowing) sits idle in the pToken contract, earning 0%. In a Morpho Boosted Market, this idle cash is deposited into a Morpho Vault.

  • Liquidity Buffer: The contract maintains a configurable "buffer" (e.g., 10%) of cash locally to ensure cheap gas costs for small withdrawals.

  • On-Demand Liquidity: If a user withdraws more than the local buffer, the contract automatically pulls funds from Morpho in the same transaction.

  • Rewards: External rewards (like MORPHO tokens) can be harvested and distributed to suppliers.

πŸ—οΈ Architecture

  • Delegate: MorphoBoostedDelegate.sol (The logic implementation).

  • Proxy: PErc20Delegator.sol (The storage contract users interact with).

  • Vault: A Morpho-compliant ERC-4626 vault.

πŸ”— Contracts

For function-level documentation, see:

MorphoBoostedDelegate

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