#Morpho is the native token of the ecosystem @Morpho Labs 🦋 developed by Morpho Protocol, a DeFi platform that improves the efficiency of loans on networks like Ethereum.
🦋 Morpho connects borrowers and lenders directly, reducing costs and increasing yields compared to protocols like Aave or Compound.
Morpho is the heart of a protocol that aims to make DeFi more efficient, combining yield, community governance, and transparency; It bets on a model where users earn more and pay less, all under a decentralized and open structure.
👉🏻 Main functions of the token:
🔹Governance: holders of MORPHO vote on proposals, risk parameters, and protocol decisions.
🔹Incentives: it is used to reward those who provide liquidity or participate in markets.
🔹Security: it reinforces decentralization by distributing power among the community.
✍🏻 Key data:
Total supply: 1,000,000,000 (one billion) $MORPHO
🌐 Distribution:
🔹Community and ecosystem: 60%
🔹Team and foundation: 25%
🔹Initial investors: 15%
🔹Network: Ethereum (ERC-20 token).
