# Testnet by Morpho Labs

By [Atoms Research](https://paragraph.com/@atoms-research) · 2023-11-23

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[**Morpho**](https://twitter.com/MorphoLabs) is a peer-to-peer layer built on top of lending pools such as Compound and Aave

[**Raised**](https://www.crunchbase.com/organization/morpho-labs): $18M from a16z crypto and 82 other investors

[**Rewards**](https://docs.morpho.org/governance/morpho-token/initial-distribution): 51% of $MORPHO tokens are allocated to the community

![](https://storage.googleapis.com/papyrus_images/ab8b1123db5f77e28f9aedb27b77cadfaac666ff25006b74d5eac8423822f374.png)

Official announcement of the testnet launch

[![User Avatar](https://storage.googleapis.com/papyrus_images/5c1d7bab69176b942910d3750e4884c21f17680c13027b7dec89f307f12bb6b5.jpg)](https://twitter.com/MorphoLabs)

[Morpho 🦋](https://twitter.com/MorphoLabs)

[@MorphoLabs](https://twitter.com/MorphoLabs)

[![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/MorphoLabs/status/1724819521670942817)

We have some exciting news! ![🦋](https://abs-0.twimg.com/emoji/v2/72x72/1f98b.png)  
  
Morpho Blue and MetaMorpho contracts are deployed on Goerli Testnet!  
  
How can users and developers participate? ![🧵](https://abs-0.twimg.com/emoji/v2/72x72/1f9f5.png)

![](https://pbs.twimg.com/ext_tw_video_thumb/1724819480151572480/pu/img/YeJ09PeRA80-z3Dg.jpg)

 [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 91](https://twitter.com/MorphoLabs/status/1724819521670942817)[

9:59 AM • Nov 15, 2023

](https://twitter.com/MorphoLabs/status/1724819521670942817)

**What to do?**

• Request test tokens from the [faucet](https://faucetlink.to/goerli)

![](https://storage.googleapis.com/papyrus_images/1653dee84650a3251246fb152301a32736b05da430d641b8c5d83fda8eeb11bd.png)

• Visit the [website](https://app.morpho.org/) and connect your wallet

![](https://storage.googleapis.com/papyrus_images/1601ba6ae7f692727f61623b32963d5d3b709c469c1ce5019080e9a8172ab135.png)

• Take the additional test tokens

![](https://storage.googleapis.com/papyrus_images/045d3d0713770dd88e96ee57d970e89db941f4fad14083e562b5c4018a7b4686.png)

• Now go to the "Borrow" tab and select a pair of tokens

![](https://storage.googleapis.com/papyrus_images/1a5e60572181a403b68ba78440c432b9e5142dc3e42e57ae6a5e6ff73d3d50b0.png)

• Enter the collateral amount and borrowing amount

• Click "Finalize borrow" and sign the transaction in the wallet

![](https://storage.googleapis.com/papyrus_images/5a6a6f40cca48ba06e3bbaae85e7176b7852a38e552e5daaac7f6041fd894221.png)

• Switch to the "Earn" tab and select a vault

![](https://storage.googleapis.com/papyrus_images/6fdb1de4247fccf7720ffa303bac0d197135259ee2e67d6a2e075a7c362c5749.png)

• Enter the amount and confirm the deposit

![](https://storage.googleapis.com/papyrus_images/654c949bdeee19d99c1ce39398b058dfa720cbcd6442a76e1c6cf22aa569393e.png)

•

You can withdraw your tokens in

the "Dashboard" tab

![](https://storage.googleapis.com/papyrus_images/c19e7d1cb299b9122aa0e2486f77aa31e58f9f364bc0a274c0d5546ed89374d4.png)

• Leave your feedback in the [form](https://docs.google.com/forms/d/e/1FAIpQLSc3ZpfvlcBmMgCDfg6ahM6cKNm003bbns5Ao6QfXJNfcfpATw/viewform?embedded=true)

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**✅ That’s all!**

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*Originally published on [Atoms Research](https://paragraph.com/@atoms-research/testnet-by-morpho-labs)*