Thanks to everyone who joined us at @Vault__Summit Singapore! We keep getting asked why Morpho hosts a Vault Summit when we say our focus is primarily credit markets, not vaults. TLDR: If Vaults win, Onchain Credit wins. Bringing $200T of global credit onchain will take millions of credit markets, enough to serve every risk profile and every financing need. Thousands already run on Morpho, and they’re getting more sophisticated, like Morpho Midnight markets. Vaults are how a lot of that liquidity is coordinated and reaches markets in an efficient way. We built Morpho Vaults as open source so the curators a distributors ecosystem could grow. We think onchain vaults and curation will become one of the biggest categories in the industry, and it deserves its own stage. Hence Vault Summit. See you at the next one!