Compound launches Compound DAO governance vault on Morpho

According to Golden Finance, on March 14th, Compound announced the construction of a DAO managed vault on Morpho, which will be managed by Gauntlet. Users can earn profits and borrow directly by depositing into the vault. Compound will collect 10% of the revenue generated from the vault as DAO income. In addition, Compound has launched a Morpho driven vault on Polygon and allocated $3 million in COMP and POL incentives to accelerate ecological growth.