What is Morph Finance?
Morph Coin (MORC) is an experimental algo stablecoin that balances inflationary growth with DeFi product-derived value. Trackers (MORT) are used to strengthen the ecosystem.
Earn in the Farms or the Reoptimizer
Earn MORT by providing DAI (◈) liquidity in the no-lock Farms. Be on the lookout for which farm has better yields. You can also earn MORC by staking MORT in the Reoptimizer.
Swap Your Liquidity for Better Yields
Unstake any supported external liquidity pool tokens and then change them into MORC or MORT farm-ready tokens with a single transaction in the Zapper -- for half the gas.
Inflation & Deflation is Calibrated
10% new MORC is minted every 8 hours when it's > ◈ 1 and drip rewarded in the Reoptimizer. When < ◈ 1, a sell tax is applied with a portion burned and the rest going to the Reoptimizer.
Utility Facilitates Stability
Upcoming DeFi products (e.g., DEX, insurance, lending, etc.) are built on top of Morph Finance to provide MORC with a utility case, thereby counteracting the algorithmic inflation.
