MORI PROTOCOL

Mori is a native stable asset protocol built on ETH and its LSD. The protocol divides the volatility of ETH into low-volatility stable assets and high-volatility derivative assets. Taking ETH as an example, users can choose to hold high-volatility ETHC (ETH Coin) assets and low-volatility ETHS (ETH Stable) assets based on their risk preferences. Mori is currently in the internal testing phase and has plans to increase token diversity and asset composability and to launch on Layer 2 network in the future.

The Mori Protocol aims to offer an alternative risk/return profile through a single primary fund that mirrors the performance of a particular underlying asset. It utilizes LSD (Liquid Staking Derivatives) as its foundation. Initially, the protocol relies on ETH staking assets issued by Lido Finance and stETH as its core elements. However, there are future plans to incorporate additional LSD assets into the protocol.