The Morpho Olympics has officially begun!
The program is designed to strategically align risk curators with the success of Morpho by awarding them MORPHO based on the total supply in their vaults. Up to $10M MORPHO is allocated to the event and will be distributed to curators quarterly.
If you aren’t familiar with risk curators, they are teams responsible for building lending vaults that allocate deposits to the Morpho Blue markets. Users can deposit into the vaults to optimize risk-adjusted yields from over-collateralized lending.
Risk curators play a vital role in Morpho's growth, acting as the primary intermediary between passive lenders and Morpho Blue. They create markets, curate risk, optimize returns, and manage liquidity. Theoretically, the better a curator's vaults perform, the more deposits they will receive. The more deposits a vault gets, the more Morpho grows.
Morpho Olympics will make curating vaults more attractive, provide curators with the resources to expand, and ultimately accelerate the growth of Morpho.
Any curator of MetaMorpho vaults can be eligible to MORPHO token grants. The amount of MORPHO received is based on the Total Supply of all a curator’s vaults.
For the Morpho Olympics, Total Supply refers to the 2-month average of deposits (USD) that can be borrowed. The vaults must be open to user deposits and excludes from algorithmic market operations such as the DAI deposited in Spark’s DAI MetaMorpho vault.
The following chart illustrates the amount of MORPHO granted per Total Supply threshold:
If a curator meets a Total Supply threshold during an assessment, the payment they receive at this assessment will be Cumulative Grant amount for that threshold minus and any grants previously received.
The assessments for grants will happen every 3 months and will continue until either $10M of MORPHO is awarded or 24 months after the commencement of the program.
Assessments will occur on:
July 31st
October 31st
January 31st
April 30th
Within 7 days following the assessment, a forum post will be published, detailing each eligible curator and their corresponding grant.
Grants will be distributed to vault curators within 30 days of the assessment, following a one-year linear vesting schedule.
Morpho DAO reserves the right to withhold a grant subject to the guidelines described in the forum post.
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Morpho Vaults combines the best of isolated markets and multi-asset lending pools to create a better way to lend. In time, we believe Morpho Vaults will become the default lending solution. Today, we are introducing a four-part series explaining why, starting with Part One: Intro to the Morpho Approach & Simplifying Isolated Markets.The Morpho ApproachThere are two main approaches to structuring lending markets in decentralized finance: lending pools and isolated markets. The former excels in...
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The Morpho Olympics has officially begun!
The program is designed to strategically align risk curators with the success of Morpho by awarding them MORPHO based on the total supply in their vaults. Up to $10M MORPHO is allocated to the event and will be distributed to curators quarterly.
If you aren’t familiar with risk curators, they are teams responsible for building lending vaults that allocate deposits to the Morpho Blue markets. Users can deposit into the vaults to optimize risk-adjusted yields from over-collateralized lending.
Risk curators play a vital role in Morpho's growth, acting as the primary intermediary between passive lenders and Morpho Blue. They create markets, curate risk, optimize returns, and manage liquidity. Theoretically, the better a curator's vaults perform, the more deposits they will receive. The more deposits a vault gets, the more Morpho grows.
Morpho Olympics will make curating vaults more attractive, provide curators with the resources to expand, and ultimately accelerate the growth of Morpho.
Any curator of MetaMorpho vaults can be eligible to MORPHO token grants. The amount of MORPHO received is based on the Total Supply of all a curator’s vaults.
For the Morpho Olympics, Total Supply refers to the 2-month average of deposits (USD) that can be borrowed. The vaults must be open to user deposits and excludes from algorithmic market operations such as the DAI deposited in Spark’s DAI MetaMorpho vault.
The following chart illustrates the amount of MORPHO granted per Total Supply threshold:
If a curator meets a Total Supply threshold during an assessment, the payment they receive at this assessment will be Cumulative Grant amount for that threshold minus and any grants previously received.
The assessments for grants will happen every 3 months and will continue until either $10M of MORPHO is awarded or 24 months after the commencement of the program.
Assessments will occur on:
July 31st
October 31st
January 31st
April 30th
Within 7 days following the assessment, a forum post will be published, detailing each eligible curator and their corresponding grant.
Grants will be distributed to vault curators within 30 days of the assessment, following a one-year linear vesting schedule.
Morpho DAO reserves the right to withhold a grant subject to the guidelines described in the forum post.
MorphoUnderstanding Morpho Vaults: Intro & Simplifying Isolated Markets
Morpho Vaults combines the best of isolated markets and multi-asset lending pools to create a better way to lend. In time, we believe Morpho Vaults will become the default lending solution. Today, we are introducing a four-part series explaining why, starting with Part One: Intro to the Morpho Approach & Simplifying Isolated Markets.The Morpho ApproachThere are two main approaches to structuring lending markets in decentralized finance: lending pools and isolated markets. The former excels in...
MorphoAligning Around MORPHO — The Only Asset For Morpho
TL;DRMorpho will have only one asset—the MORPHO token. This single-asset approach ensures complete alignment between the network of contributing entities and the Morpho DAO (MORPHO token holders). To clarify this alignment, Morpho Labs is becoming a wholly-owned subsidiary of the Morpho Association to eliminate any perceived conflicts with equity value and ensure that token holders and these contributing entities share the same incentive. As the Morpho DAO explores introducing protocol fees t...
MorphoUnderstanding Morpho Vaults: Enabling Diverse Risk Profile
Morpho Vaults (formerly known as MetaMorpho Vaults) combines the best of isolated markets and multi-asset lending pools to create a better way to lend. In time, we believe Morpho Vaults will become the default lending solution. Last week, we introduced the Understanding Morpho Vaults article series with Part One: Intro to the Morpho Approach & Simplifying Isolated Markets. Today, we share Part Two: Enabling Diverse Risk Profiles to explain how, unlike the traditional one-size-fits-all approac...
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