Aave and Morpho on what vaults are: Two reports reveal the truth!
The Aave and Morpho teams are clashing over whether vaults in the DeFi lending market are securities. One report says that if managers have significant control, a vault is a security. The other argues that vaults in decentralized lending protocols are fine. Let’s see what they have to say!
The Aave and Morpho teams are clashing over whether vaults in the DeFi lending market are securities. One report says that if managers have significant control, a vault is a security. The other argues that vaults in decentralized lending protocols are fine. Let’s see what they have to say!