MIP 97 - Optimistic Rewards Rate Adjustment Framework

In order to reduce operational overhead around adjusting the MORPHO token rewards rate on multiple networks, implement the following framework.

On Ethereum, Base, and other networks where MORPHO rewards are allocated by the DAO in the future, allow the Morpho Association to optimistically implement rewards changes using the following rules:

• maximum of ±30% change in global rewards rates per week
• maximum of ±30% change in per asset rates per week (for example, stablecoins currently receive a higher MORPHO reward rate than other assets)
• all changes to be posted on the forum at least 24 hours in advance of implementation
• reward rate cannot increase higher than 50% of the current level for any asset without a vote

Should this proposal pass, the DAO can revoke or modify the framework at any time with a new vote.