MIP 113 - Select LayerZero OFT to Bridge Morpho Token on Arbitrum

With Morpho now deployed on Arbitrum, we need to make the Morpho token available on this chain. To achieve this, we propose the following:

Use LayerZero as the cross-chain messaging infrastructure; Use a lock/release pattern on Ethereum (L1) and a mint/burn pattern on Arbitrum; Use an upgradable ERC20 Morpho token; Assign management roles (admin for ERC20 upgrades, ability to grant mint & burn permissions, adapter configuration) to the Morpho DAO. Note: Mint & burn permissions will be granted to the MintAndBurnAdapter This proposal represents the first operational step in a broader multichain vision for Morpho token bridging, one that may eventually standardize LayerZero as Morpho’s cross-chain bridge infrastructure.

As this proposal is focused exclusively on Arbitrum, it avoids any changes to the current Morpho token deployments on Ethereum, Katana, or Base.