what's Feather?

Feather is a decentralized lending protocol built on the SeiNetwork, leveraging Morpho smart contracts to enable users to lend and borrow crypto assets efficiently. It allows participants to deposit assets into vaults to earn yield from lending activities, while borrowers can access liquidity against their collateral with features like sub-500ms transaction speeds for seamless operations. The platform emphasizes risk-adjusted yields and integrates with ecosystems like Sei to provide optimized money markets. Security and usability are core to Feather's design, with automated vault management and reward incentives such as points systems to encourage participation. Users can supply assets like stablecoins or tokens to generate passive returns through lending pools, or borrow to leverage positions without selling holdings. As part of the broader DeFi landscape, Feather aims to facilitate the "Internet of Lending" by connecting lenders and borrowers in a permissionless environment.

Featherlend deposits exceeded $10M; wsrUSD/USDC market launched via reservoir_xyz, powered by MorphoLabs.