Our guest today is Paul Frambot, who is the founder of Morpho Labs and the Morpho protocol. Paul and Morpho are tackling the problem of capital inefficiency in DeFi by improving lending and borrowing rates by matching both sides peer-to-peer. 

In this conversation we explore, how Morpho works, what makes them unique, how this model improves the lending and borrowing experience upon Aave or Compound. We also dive into how Exponential is assessing the risks of Morpho and the existing mechanisms to mitigate them.