Context

Morph is a Layer 2 solution built on Ethereum, combining optimistic rollups and ZK technology in a hybrid rollup model called "Optimistic zkEVM & RVP". This approach ensures fast transaction execution and cost-effectiveness while maintaining decentralization and security.

Morph addresses critical gaps in existing Layer 2 offerings – a lack of focus on the end-user experience and practicality. Its mission is to bring blockchain technology into a part of daily life by delivering scalability, efficiency, and accessibility.

Proposal

Enable support for Morph within the Symbiosis protocol. The integration includes the following steps:

• Adding support for Morph in the Symbiosis protocol, including USDC for Morph in the Symbiosis AMM DEX on the host chain.
• Deploying and tuning Symbiosis contracts on Morph to ensure smooth operation.
• Leveraging existing DEXs on Morph to enable on-chain routing.
• Activating the Symbiosis relayer network to work with the new blockchain.

Key points

• Mass-adoption of Blockchain technologies: Morph aims to make blockchain accessible for a broader audience, focusing on non-technical users and practical applications.
• Scalability and Cost-Effectiveness: Morph’s hybrid rollup technology provides security, low transaction fees and high throughput, essential for scaling DeFi and other applications.
• EVM Compatibility: Morph’s EVM compatibility allows seamless integration into the Symbiosis protocol, ensuring immediate utility and benefits for users and developers.