v4 Protocol

Protocol v4 is a redesigned staking and reward distribution system built around the concept of Subnets. Each Subnet represents a distinct staking pool that users can join by depositing MOR tokens. The administrator of a Subnet can later claim MOR rewards proportionally to the total staked amount in that Subnet relative to the global network. The rewards are calculated in real time based on a global emission curve, which simulates MOR token distribution over time for the Builders bucket. Unlike earlier versions that relied on manual reward injections, v4 ensures continuous and fair distribution as long as the BuildersTreasuryV2 contract holds sufficient MOR balance.

Subnet identifiers now incorporate the blockchain’s chain ID alongside the Subnet name, enabling Subnets with identical names to exist across multiple networks. Each Subnet also has its own metadata and allows specifying a separate claim administrator who is authorized to collect rewards on its behalf.