Morpho

Morpho Labs

Explore Morpho (MORPHO) token rights, holder benefits, governance power, and revenue distribution on DefiLlama.

Morpho (MORPHO) Token Rights & Governance

Morpho can charge a fee on interest paid by borrowers, decided by DAO

Anyone who holds or has delegated to holders 500k MORPHO tokens can submit a proposal for voting. This threshold is adjustable by governance. The core smart contract code is immutable.

MORPHO is the governance token of Morpho, empowering holders to vote on protocol changes such as risk parameters, fee structures, ecosystem grants, and treasury management