Morpho Governance

This vote is about whitelisting Flagship USDT and sDAI MetaMorpho vaults address to allow the transfer of potential $MORPHO rewards to their depositors.

This vote is about whitelisting Steakhouse Financial wUSDM, PYUSD and USDT MetaMorpho vaults address to allow the transfer of potential $MORPHO rewards to their depositors.

Distribute 500 MORPHO per day on wbIB01/PYUSD (96.5%). Distribution would begin on February 19th.

The Morpho Association proposes to distribute rewards on WBTC markets. Indeed, WBTC is one of the most used collateral with billions deposited in lending protocols. The markets concerned, with their associated rewards emission, would be: WBTC/USDT (86%, Morpho ChainlinkOracle): 7777.77 MORPHO per day WBTC/USDC (86%, Morpho ChainlinkOracle): 3888,88 MORPHO per day Distributions would begin on February 9th.

The Morpho Association proposes to allocate a total of 90k MORPHO as incentives over the three month period to help grow the osETH/WETH market.

The Morpho Association proposes to allocate a total of 90k MORPHO as incentives over the three month period to help grow the weETH/WETH market.

As part of the incentives campaign on Morpho Blue markets, MORPHO tokens are distributed to lenders. The distribution methodology has been described in this forum post 1. To distribute MORPHO tokens, the Morpho Association deployed a Universal Rewards Distributor (URD) contract at the following address: 0x678dDC1d07eaa166521325394cDEb1E4c086DF43 1. For context, the URD is a smart contract allowing the distribution of multiple ERC20 tokens from a single Merkle tree computed offchain. To be able to transfer MORPHO tokens to the entitled recipients of rewards the URD must be whitelisted on the MORPHO token by the Morpho DAO. Hence, the association proposes to sets the role 0 on the MORPHO token to 0x678dDC1d07eaa166521325394cDEb1E4c086DF43 1.

Re7 Labs will be launching a MetaMorpho vault that will lend ETH against various liquid staking tokens (LSTs). The goal is to drive adoption to LSTs by enabling leverage strategies and provide an above-market lending rate to ETH depositors. It is possible that the MetaMorpho vault will receive $MORPHO rewards from supplying to incentivized markets on Morpho Blue. To allow the vault to transfer these potential $MORPHO rewards to depositors, we propose whitelisting our vault address. The vault address will be provided once launched.

The Morpho DAO proposes to distribute 132 wstETH on behalf of the Liquidity Observation Lab. These incentives, as well as 1.4M MORPHO, would be split 50/50 between the USDC(wstETH) and WETH(wstETH) markets, and would follow the standardized method for distributing incentives on Morpho Blue markets.

Defines the distribution of rewards on Morpho Optimizers after the Morpho Blue launch on January 9th. We propose to: Stop using a defined schedule in favor of a flexible daily rate; Set the daily rate at 10k $MORPHO; Stop distributing rewards on CompoundV2 Optimizer.

The Morpho Association proposes that the Morpho DAO multisig becomes the owner of the new Morpho Blue protocol.

Block Analitica and B.Protocol, two leading DeFi risk teams, are partnering as risk curators, leveraging their experience and expertise in risk management to curate transparent and automated lending vaults for users. The first initiative is to co-launch Flagship ETH and USDC MetaMorpho vaults on top of Morpho Blue that will be rolled out consecutively. The Flagship ETH and USDC MetaMorpho vaults will initially supply to stETH collateral markets and subsequently explore stablecoin and other LST collateral markets. This proposal seeks Morpho DAO’s approval to whitelist the vaults’ smart contracts and make them eligible to transfer potential MORPHO rewards to depositors once live.

Steakhouse will be launching a USDC MetaMorpho vault that will initially lend against tokenized T-bills (Backed Finance’s bIB01) on Morpho Blue markets. The vault might receive MORPHO rewards on Morpho Blue. Steakhouse proposes to whitelist the vault address to transfer MORPHO tokens. The vault address will be provided once launched.

The purpose of this post is to define the framework for the distribution of rewards for Age 9, starting on November 18th. We propose making the age duration flexible, ending at the official launch of Morpho Blue (date to be determined), and distributing a total of 16k $MORPHO per day during this period.

The purpose of this post is to define the framework for the distribution of rewards for Age 9, starting on November 18th. We propose making the age duration flexible, ending at the official launch of Morpho Blue (date to be determined), and distributing a total of 16k $MORPHO per day during this period.

The Morpho Association proposes to distribute a total of 800k $MORPHO, keeping the same rules as for Age 7.

The Morpho Association proposes to replace Stefano Bernardi as DAO multisig signer with Guillaume Garchery (advisor of the Morpho Association). In practice, it means replacing the following 0xcE1A723B066B2012550fb473558D6de681F8b5f7 address with 0x69FcEFDe2B48503d675181448B3D4272128bca9c owned by Guillaume Garchery.

The Morpho Association proposes to list sDAI and USDT as collateral only on the AaveV3-ETH Optimizer as it would unlock new usecases for sDAI and USDT holders.

The Morpho association proposes to distribute a total of 900k $MORPHO, keeping the same rules as for age 6.

Proposal to ratify the upgrades that occurred and was required to protect users’ funds after a vulnerability disclosure in June 2023.

Morpho Labs proposes to raise the peer-to-peer index cursor α on wETH markets for both Morpho’s AaveV2 and AaveV3-ETH Optimizers. This change will increase the P2P supply from APY and should encourage more wETH supply. In turn, increasing the percentage of borrowers receiving the peer-to-peer APY. Current values for α: Morpho-Aave V2 (wETH): 47.4% Morpho-Aave V3 (wETH): 50.0%

This submission proposes to list the cbETH as collateral asset on the AaveV3-ETH Optimizer.

The Morpho Association proposes to: Distribute a total of 1 million $MORPHO; Focus rewards distribution on markets where peer-to-peer matching is activated; Emphasize the distribution of rewards on the supply side in WETH markets, as opposed to the borrow side.

The Morpho Association proposes that the DAO accepts the ownership of the SupplyVault for WETH on the AaveV3-ETH Optimizer.

We propose to list rETH from Rocket Pool as collateral only on the AaveV3-ETH Optimizer. Note that rETH won't be borrowable. See more information in the attached forum discussion.