MIP 102 - Rewards Update Proposal
Set the rewards rate to 0 for markets with loan assets other than USDC, USDT, and WETH. This will free up $1.5M worth of MORPHO tokens annually for reallocation to USDC, USDT, and WETH markets.
Increase r0 by 20% to offset the reduction in other markets.
Set rewards multipliers to 1 for USDC and USDT (maintaining the current stablecoin multiplier) and 0.5 for WETH (maintaining the current ETH multiplier).
Off-Chain Vote
Discussion
Timeline
May 02, 2025Proposal created
May 02, 2025Proposal vote started
May 05, 2025Proposal vote ended
May 05, 2025Proposal updated