#morpho $MORPHO
The MORPHO token is the native governance token for the Morpho Protocol, a decentralized lending platform.
In short:
Role: Primarily grants holders the right to govern the Morpho protocol (Morpho DAO), voting on upgrades, incentives, and key parameters.
Platform: Morpho is a decentralized finance (DeFi) lending layer on Ethereum (and other EVM chains) that aims to provide more capital-efficient lending and borrowing by attempting to match users peer-to-peer.
Supply: The total supply is capped at 1 billion MORPHO tokens.
Key Utility: Decentralized governance and protocol incentives.
