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Bhutto 559
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Plasma for People Unlocking Digital Finance for the World's Unbanked
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LINEA IS POSITIONING ITSELF AMID THE L2 CONSOLIDATION WAVE
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THE MORPHO DAO: STEERING THE SHIP OF DECENTRALIZED FINANCE Community-Driven Decisions: The DAO isn't just a formality; it's the central hub for all major choices, including building features, listing assets, setting risk rules, and forming partnerships. Power Through the Token: Holding MORPHO tokens is how you get a voice—you can either vote directly on proposals or delegate your vote to someone you trust, balancing the needs of everyday users with expert oversight. Total Transparency: All proposals and decisions play out via on-chain votes. This means everything is open, auditable, and final, ensuring there are no backroom deals. Any community member can pitch a proposal, which must then pass through a structured process of discussion, debate, and voting. Distributed Governance (Working Groups): To prevent bottlenecks and avoid a "slow-moving committee," governance is broken down into specialized working groups (like Risk Management or Treasury Spending). This ensures efficiency, prevents power concentration, and brings in outside experts. The Public Treasury: The DAO manages the Morpho Treasury, and all funds for development, audits, and incentives are tracked publicly on-chain. This radical transparency is key to accountability. Progressive Decentralization: The protocol is committed to an evolution where the core team's influence fades over time, allowing the DAO to eventually fully run the show. This is a dedicated push to fulfill the core promise of open, self-governed finance in DeFi. In short, the Morpho DAO is designed to be the transparent, community-powered backbone of the project, focusing on sustainability and genuine decentralized power. @Morpho Labs 🦋 #Morpho $MORPHO
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LINEA IS ATTRACTING DEVELOPERS THROUGH CONSENSYS SUPPORT
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MORPHO PLAN TO COMPETE WITH GIANTS LIKE AAVE AND COMPOUND IN THE LONG RUN
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