$MORPHO is not a scam coin:
Voting: Create new markets, adjust LLTV
Incentives: 70% of emissions to liquidity providers
Fees: 10% of protocol income goes to DAO
Proposals passed:
USDC/wstETH market LLTV increased from 77% to 82%
New Pendle PT collateral pool
Holders staking MORPHO can receive veMORPHO, voting weight doubled.
Community-driven, not VC-controlled @Morpho Labs 🦋 #Morpho
Voting: Create new markets, adjust LLTV
Incentives: 70% of emissions to liquidity providers
Fees: 10% of protocol income goes to DAO
Proposals passed:
USDC/wstETH market LLTV increased from 77% to 82%
New Pendle PT collateral pool
Holders staking MORPHO can receive veMORPHO, voting weight doubled.
Community-driven, not VC-controlled @Morpho Labs 🦋 #Morpho