Provide liquidity to earn 600,000 $MORPHO tokens

Task Description

Earn a share of 600,000 $MORPHO tokens by providing liquidity in Morpho’s DeFi Campaign

• Join the campaign by depositing liquidity into a Morpho vault using your Safe account.

• Eligible deposits must be made from a Safe address into a Morpho Vault on Ethereum that is listed on the Morpho Interface.

• The $MORPHO token, while currently non-transferable, may become tradable in the future, potentially increasing its value. This campaign not only allows you to support a growing DeFi project but also offers the opportunity to earn significant rewards.

• Please be aware of the risk due to potential smart contract vulnerabilities.

Available Rewards: 600,000 $MORPHO & Safe Points

Time Required: 15 minutes

Risk Level: Medium

End Date: 8 September

Conditions

Step 1

Create an Account on Safe

Visit the Safe platform and create an account.

Step 2

Make a Deposit on Safe

• Navigate to your profile on the Safe platform.

• Make a deposit, preferably on the Ethereum network.

Step 3

Participate in the Morpho Campaign

• Visit app.morpho.org and deposit into a Morpho vault using your Safe account.

• Alternatively, you can deposit directly from the Safe platform at app.safe.global.

Step 4

Claim Rewards

• Rewards will only be claimable after the 6-week campaign ends.

• Only deposits from a Safe address into a Morpho Vault on Ethereum listed on the Morpho Interface are eligible for rewards.

• Existing deposits from Safe accounts will also be rewarded—there is no need to withdraw and redeposit to qualify.

Rewards are based on:

• The value (in $) of deposits made in Morpho vaults.

• The duration that deposits remain in Morpho vaults.

• Safe Points will be distributed using the same methodology.

Rewards will be claimable on the Morpho interface, not the Safe platform.

Project Description

Morpho is a DeFi lending protocol on Ethereum and Base, focused on optimizing lending and borrowing with competitive rates and efficient liquidity management. With $69.35 million in funding from top investors, Morpho is a major player in DeFi.

The platform is governed by a DAO that controls the $MORPHO governance token, which could become tradable in the future, adding value for its holders. Morpho's innovative approach makes it a key platform in the decentralized finance ecosystem.