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Oku Launches Bitcoin Loans on Corn Network via Morpho - Get Ready to Borrow!

Oku Launches Bitcoin Loans on Corn Network via Morpho - Get Ready to Borrow!

Date: 2025-04-17 16:05:03 | By Mabel Fairchild

Oku Unleashes BTC-Backed Lending on Corn Network: A DeFi Game-Changer!

Morpho Protocol Hits Corn, Revolutionizing Bitcoin Utility

Hang onto your hats, crypto fans! Oku just flipped the script on April 17 by dropping the Morpho Protocol right into the heart of Corn Network. This isn't just news—it's a revolution for Bitcoin (BTC) enthusiasts who are now diving into the wild world of overcollateralized lending with BTCN, Corn’s sizzling Bitcoin-backed token. And guess what? BTCN is locked and loaded with a 1:1 peg to BTC, supported by bridged Bitcoin reserves ready to rock across chains!

Corn Network: The New BTCFi Playground

This isn't just another protocol; it's the first major decentralized lending beast to roam Corn—a network all about BTCFi and powered by the slick Arbitrum Orbit tech stack. With Morpho strutting its stuff on Corn, you can now:

“We’re not just playing games here; we're building a fortress for Bitcoin-backed lending that keeps your coins safe while opening up a whole new world of DeFi for Bitcoin,” declared Spadaboom, co-founder of Corn, with the fire in his eyes you can feel through the screen.

The Powerhouse Team-Up: Oku, Corn, Morpho, and Steakhouse Financial

This epic collaboration melds Morpho’s killer decentralized lending protocol with Corn’s Bitcoin-centric DeFi network, fueled by BTCN. Add Oku’s user-friendly interface and vaults handpicked by Steakhouse Financial, and you’ve got a recipe for pure DeFi magic.

“We're beyond pumped to join forces with Corn, Morpho, and Steakhouse Financial to push BTCFi into the stratosphere,” exclaimed Getty, CEO of Oku, with the kind of enthusiasm that gets your heart racing.

Get Ready to Rumble: Access Morpho on Corn via Oku

Ready to jump in? You can now hit up Morpho on Corn through the Oku interface. They’re supporting a smorgasbord of assets, and every move you make is powered by BTCN as the gas token. It’s like having a turbo boost on your DeFi journey!

“Morpho has been crushing it as the most efficient lending protocol on Ethereum. Now, bringing that same punch to Bitcoin holders through Corn? It’s evolution, baby!” Kirk, Governance Lead at Morpho Labs, practically shouted with excitement.

Corn Network's Big Push: One-Year CORN Incentives Program

Hold onto your seats because Corn Network isn’t stopping there. They’re launching a year-long CORN incentives extravaganza for Morpho users. It all kicks off with the Cornfields S1 campaign, zeroing in on the hottest spots like borrowing/lending and DEX liquidity. It's going to be a wild ride!

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