Standard MORE Markets

MORE Markets is built on top of Morpho. Standard MORE Markets enable the same functionality as Morpho markets.

As expressed in the Morpho documentation, the protocol enables the deployment of basic lending markets constituted of:

• one collateral asset,

• one loan asset,

• a Liquidation Loan To Value (LLTV),

• an Interest Rate Model (IRM),

• and an oracle.

Standard Market Nomenclature

MORE Markets leverages the same naming standards as Morpho for standard markets. Just as in Morpho, markets' names are derived from individual market parameters using the following format:

CollateralAsset/LoanAsset (LLTV, ORACLE, IRM)

Leaning on the example from Moprpho, the following parameters provide an example:

CollateralAsset: wstETH LoanAsset: WETH LLTV: 94.5% Oracle: PythOracle IRM: AdaptiveCurveIRM

The market would be named wstETH/WETH (94.5%, PythOracle, AdaptiveCurveIRM)

Each market will have an id, which is a hash of the market parameters as defined in the Morpho's technical reference section.