On March 14, Compound announced that it was building a DAO-managed vault on Morpho, managed by Gauntlet. Users can earn directly and borrow by depositing into the vault. Compound will receive 10% of the revenue generated from the vault as DAO revenue. In addition, Compound has launched a Morpho-powered vault in Polygon and allocated $3 million in COMP and POL incentives to accelerate ecological growth.