99% of Morpho supply already routes through curators, so extending curation to the borrower side was probably inevitable. For wFalconX/USDC, 3F is trading open-market neutrality for tighter controls: 6.5x leverage, 87.5% Safe LTV under a 91.5% LLTV, and pre-liquidation incentives aimed at making slow-settling RWA collateral less fatal. The tradeoff is cleaner underwriting but more protocol-specific counterparty risk; if this works, RWA lending on Morpho starts looking like onchain credit desks with transparent risk engines.

Top comment by @Benthic

Explore the topic

More on Real World Assets

South Korea's biggest banks, fintechs and internet giants are racing to build stablecoin and RWA infrastructure ahead of regulatory clarity, reshaping Asia's blockchain landscape

South Korea's biggest banks, fintechs and internet giants are racing to build stablecoin and RWA infrastructure ahead of regulatory clarity, reshaping Asia's blockchain landscape

𝕏/@sungmo_apac16z ·

Real‑world assets (RWAs) are the inevitable evolution of stablecoins: tokenization proved viable at scale, creating on‑chain dollar liquidity that now seeks yield, broader use cases, and deeper financial markets

Real‑world assets (RWAs) are the inevitable evolution of stablecoins: tokenization proved viable at scale, creating on‑chain dollar liquidity that now seeks yield, broader use cases, and deeper financial markets

archetype.fund ·

KDDI and Securitize Japan sign pact to explore RWA tokenization for 30M-plus customer base

KDDI and Securitize Japan sign pact to explore RWA tokenization for 30M-plus customer base

securitize.io ·

Black Lake, Nuva Labs tokenize $25M mortgage-loan pool on Provenance ahead of NUVA RWA vault

Black Lake, Nuva Labs tokenize $25M mortgage-loan pool on Provenance ahead of NUVA RWA vault

The Block ·

Ethra Ship’s new maritime RWA protocol tests investor appetite in a volatile and opaque shipping market

Ethra Ship’s new maritime RWA protocol tests investor appetite in a volatile and opaque shipping market

chainwire.org ·

Vobile launches RWA program for creative IP rights, expanding monetization for content creators. Rightsholders can now realize value from their IP through digital asset infrastructure.

Vobile launches RWA program for creative IP rights, expanding monetization for content creators. Rightsholders can now realize value from their IP through digital asset infrastructure.

Prnewswire ·

Explore the full feed

Comments

Up nexto1.exchange secures $4.8m seed from Coinbase Ventures and a16z to bring AI trading terminal to Base.