In today's DAO world, asset distribution is extremely fragmented, and the needs are diverse and complex.

A community treasury may need three types of liquidity structures, five incentive models, and also provide phased salaries to core members, while investing in projects, subsidizing the ecosystem, and reserving an emergency fund.

Simply put, the issue with DAOs is not how much money there is, but how to mobilize that money.

Unfortunately, most DAOs are still very primitive in terms of asset management.

It's not just about writing a script to transfer funds, it's also about manual multi-signature authorization; it's not about deciding parameters through voting, but rather simply outsourcing to third-party institutions; every time funds change, it feels like a battle, with slow coordination, heavy authorization, and difficult execution.

The Morpho Vault model can serve as a bridge tool for the DAO's cross-demand, cross-structure, and cross-cycle asset scheduling.

We can understand it this way: Morpho is not just a 'lending protocol', but also an on-chain 'fund orchestrator'.

You can deploy multiple Vaults for the DAO, with each Vault corresponding to a funding flow task:

  • A Vault is used for paying core members, released regularly, with permission binding;

  • A Vault is used to incentivize new users, with access conditions and funding limits;

  • A Vault is used to support ecological projects, coordinating with partners' lending strategies;

  • A Vault is used for emergency preparedness and is only open after DAO voting;

  • All Vault execution strategies, liquidation rules, and governance methods can be customized.

The DAO only needs to maintain the Vault structure through governance mechanisms, no longer manually dispatching funds.

Funds are not 'distributed out', but 'structured to exist'. You are not out of control, but you are also not restricted.

Stronger still, Morpho Vaults can be interconnected.

For example:

  • When a user obtains a borrowing limit in Vault A, their actions can affect the interest rate level in Vault B;

  • Liquidation paths can coordinate across Vaults—such as acting on B first, then A;

  • Incentive mechanisms can be globally unified, distributed across the network according to wMORPHO weights;

  • The DAO can refresh all Vault strategy structures with a single governance logic command.

This constitutes a truly 'structurally interconnected' funding network.

You are no longer maintaining a treasury but operating an on-chain funding system.

And what does this mean for the DAO?

It means the DAO no longer needs to be a 'multi-signature manager', but can become a 'structural designer'.

Every flow of funds is no longer a 'permission action', but a 'structural call'; every use of funds no longer relies on human oversight, but runs automatically based on strategy.

Funds have turned into a type of 'system resource' that can be orchestrated, governed, and reused on-chain. Morpho Vault is the bridge node of this system.

So I say: Morpho is not 'managing money for the DAO', but 'teaching the DAO how to build its own asset scheduling system'.

You are no longer the financier of the project but the designer of the system. The Vault not only helps you deploy funds but also helps you establish systems.

This is the first step for the DAO to truly achieve autonomous funding structure.