# Morpho & The Modular Application Thesis | Dan Elitzer & Paul Frambot

*Author: David Hoffman, Ryan Sean Adams*
*Published: Mar 27, 2024*
*Source: https://www.bankless.com/morpho-the-modular-application-thesis*

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Can the DeFi Money Market sector be disrupted?

Today on the show, we have Dan Elitzer, GP at Nascent and Paul Frambot, the founder of Morpho.

Morpho is a borrowing and lending protocol with permissionless market creation. We cover its unique properties like modularity and whether or not it can compete with gargantuan incumbents like Aave and Compound.

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## TIMESTAMPS
0:00 Intro

7:26 What is Morpho

11:48 The State of Defi 1.0

24:19 Morpho Optimizer27:04 Morpho Blue

37:18 MetaMorpho Vaults

49:18 The Importance of Security

51:33 Morpho Design Choices

1:00:10 Why Focus on Lending?

1:03:30 The Inflection Point

1:10:11 The Morpho Token

1:14:53 Modular Application Thesis

1:19:59 Closing & Disclaimers

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## RESOURCES
Paul Frambot

[https://twitter.com/paulframbot](https://twitter.com/paulframbot?lang=en)

Dan Elitzer

[https://twitter.com/delitzer](https://twitter.com/delitzer) 

Morpho

[https://morpho.org/](https://morpho.org/)

Morpho on X

[https://twitter.com/MorphoLabs](https://twitter.com/MorphoLabs)

Morpho on Farcaster

[https://warpcast.com/morpho](https://warpcast.com/morpho)