Activities on the Morpho for a potential airdrop
Morpho is a decentralized P2P lending protocol powered by Base and Ethereum networks. Initially a version of Optimizers was available to users, which was deployed on top of Compound and Aave, now the developers have implemented the Blue update, making all pools become self-sufficient.
The team managed to attract investments worth $69 million from funds such as Coinbase Ventures, a16z, Pantera Capital, Robot Ventures and others.
In this guide we will show you how to be active in the project to qualify for a future airdrop.
Guide to completing the activities
Note: you will need a Metamask-type wallet to pass. If you don’t have one, you can use our guide to set it up and customize it.
Main activities
1. Go to the site and connect the wallet. Then open the Earn tab and familiarize ourselves with the basic mechanics of the protocol, after which click Processed:
2. Then choose the pool you like and make a deposit, having familiarized ourselves with all the conditions and risks in detail. If desired, use the loan mechanism on the Borrow tab:
Additional activities
1. Superform — go to the Vaults section of the site and provide liquidity on the Morpho Blue protocol:
2. Safe — a joint campaign with a prize pool of 600,000 MORPHO. You need to create a smart account on Safe and make a deposit to Morpho via Safe on the Ethereum network.
Conclusion
The activities are not complicated, but they require financial investments and involve risks, so familiarize yourself with the lending system before making a deposit. The MORPHO token is confirmed, moreover, the project tokenomics states that 4.2% of the total offering will be allocated to users.
Highlights:
- project token confirmed;
- investments totaling $69 mln have been raised.
If you have any questions when going through the activities, you can ask them in our X.
Useful links: Website | X | Discord | Mirror
All information is provided for informational purposes only and should not be relied upon as a basis for investment decisions, nor should it be construed as a recommendation or advice to participate in investment agreements.