The $MORPHO token is the essential governance token of the Morpho Protocol, a decentralized lending platform focused on efficiency and resilience. Morpho allows users to earn yield and borrow assets through features like Morpho Vaults and Markets, utilizing a trustless, immutable infrastructure.

@Morpho Labs 🦋 ​ holders wield voting power, enabling them to propose and vote on key changes and improvements to the protocol. With a maximum supply of 1,000,000,000 MORPHO, the token is crucial for the protocol's decentralized decision-making. Investors should note the existence of legacy and wrapped #Morpho , with the latter enabling onchain vote tracking. MORPHO's role ensures the platform remains adaptable and community-driven.