Morpho is a peer-to-peer layer built on top of lending pools such as Compound and Aave
Raised: $18M from a16z crypto and 82 other investors
Rewards: 51% of $MORPHO tokens are allocated to the community
Official announcement of the testnet launch
https://twitter.com/MorphoLabs/status/1724819521670942817
What to do?
• Request test tokens from the faucet
• Visit the website and connect your wallet
• Take the additional test tokens
• Now go to the "Borrow" tab and select a pair of tokens
• Enter the collateral amount and borrowing amount
• Click "Finalize borrow" and sign the transaction in the wallet
• Switch to the "Earn" tab and select a vault
• Enter the amount and confirm the deposit
•
You can withdraw your tokens in
the "Dashboard" tab
• Leave your feedback in the form
✅ That’s all!
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