Capital Providers

How can I become a capital provider?

You need to deposit supported yield bearing assets into the Morpheus Smart contract on Ethereum mainnet.

How can I make a deposit?

Please visit https://dashboard.mor.org/

Which chain should I supply capital?

Currently it's Ethereum mainnet. The list of chains will be expanded over time.

What is the address of the smart contract for deposits?

You can find the link on Smart Contracts page.

How does Morpheus benefit from my deposit?

The protocol leverages yield generated by assets to establish Protocol-Owned Liquidity. The yield is allocated to MOR buybacks from the open market, which are then combined with burns and locks to support future Epochs.

Do I bear the risk of impermanent loss?

No, there is no impermanent loss risk. You withdraw the same amount you deposited.

Do I have to pay transaction fees?

Yes, you do. Since the claim transaction is generated on the Ethereum blockchain, and the MOR rewards will be received on the Arbitrum chain.

How quickly will I receive my tokens?

After confirming the claim transaction, you will receive your tokens within a few minutes.

Is deposited assets locked?

They are not locked. You are free to withdraw at any time after the 7-day initial lock-up period.

Why is there a 7-day lock-up period for deposit?

This measure was introduced to avoid people gaming the yield timing, as the protocol rewards in advance from the moment you deposit, with yield generated once a day.

How do rewards distribute?

24% of MOR emissions are designated for capital providers and divided proportionally to a user's share in the total generated yield multiplied by Power Factor.

Do I lose earned MOR rewards if I decide to withdraw a deposit?

No, you don’t, but you will not earn rewards any longer as you are not providing the capital anymore.

Has the contract I deposit capital into been audited?

Yes, both the community and a dedicated auditor have reviewed the Smart Contracts. See the reports on Security Audits page.

How is the Capital contract managed?

There are 5 of 9 multisignatute account managed by community-trusted open-source contributors. The multisignature address is MOR.ETH.

What are the risks of providing capital?

There are always risks with smart contracts like bugs or vulnerabilities. To ensure a high level of security, the contracts have undergone multiple levels of audits, including community audits, cybersecurity company audits, and a public bug bounty campaign. Security reports are available on Security Audits page. That's also why the Protection Fund, 4% of emissions, exists.

Who should I contact if I encounter difficulties?

The community is always ready to provide support. Please describe your issue in the Discord support channel.

Beware of scams, anyone who message you with proposal to help is likely a scammer