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The lending agreement Morpho launches Age 2 rewards, planning to distribute 10 million MORPHO tokens

2022-09-22 10:15:05
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According to Chain Catcher news, the official Twitter announced that the DeFi lending protocol Morpho has launched the second phase (Age 2) rewards, planning to distribute 1% of MORPHO tokens (10 million tokens) over three months (from September 20 to December 29) through Morpho-Aave and Morpho-Compound, with the first batch of 3 million MORPHO tokens allocated to the Morpho-Aave market.

Morpho is a DeFi lending protocol built on existing protocols that shifts loans from liquidity pools to a peer-to-peer mechanism, providing higher returns for investors. Chain Catcher previously reported that Morpho completed a $18 million funding round in July this year, led by a16z and Variant. (source link)

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