.@MorphoLabs is restructuring to enhance token value by becoming a subsidiary of the Morpho Association.

Instead of buybacks, Morpho will reinvest protocol fees into the product, aiming to generate greater long-term value.

Read more here: https://thedefiant.io/news/defi/morpho-restructures-to-align-token-value-with-company-equity?utm_source=X&utm_medium=Organic_Social.