0xyao

If you still don't know how to start Alpha.
So you just need to follow my steps.
It only takes 5 minutes a day to complete, and you can receive the airdrop after 15 days.
Step 1: Points entry and airdrop entry.

Step 2: Obtain the point mechanism, even if you only have 200U, you can still receive the airdrop.
200-900U: You can swipe 16384 or 32768 in transaction volume.
Above 1000U: You can swipe 65536 or 131072.
For beginners, it is recommended to first test with around 200 dollars to master the skills before increasing the amount to swipe.
The maximum single transaction cannot exceed 1000U, otherwise there is a risk of being squeezed and incurring losses.

The code of most DeFi protocols is like a 'pushy salesperson'—hiding spreads with complex fees and binding users with mandatory lock-ups, wrapping 'user interests' in the strength of algorithms. But Morpho's code is different; it hides a kind of 'benevolence without overstepping': not making decisions for users, not forcing compromises, but using restrained logic to return choice and a sense of security to the users.

This kindness is hidden in the 'fallback design' of 'taking a step back'. When P2P matching cannot find a counterpart, it does not impose 'waiting penalties' or set 'mandatory trading thresholds', but quietly redirects the funds back to the pools of Aave and Compound. Users do not have to worry that 'if the money doesn't match, there will be no earnings', because the protocol has already left a way out, ensuring that basic earnings are not absent. It never uses 'high returns must wait for matching' to coerce users, but instead adds a layer of 'safety net' to the funds, giving confidence even in waiting.

In the past, when discussing DeFi lending, it was impossible to avoid the hassle of 'opening a wallet, switching chains, and finding a pool', not to mention using tokenized government bonds as collateral to borrow money - it was unthinkable. But Morpho in 2025 is different; it has simplified these complexities and integrated them into your commonly used Crypto.com and Coinbase apps. You don't need to learn new operations; just open the familiar app to borrow money on-chain, in a way that even your parents can understand.
The most intuitive change is Morpho V2's 'intended lending'. In the past, when depositing coins, you could only wait for the pool to allocate interest rates. Now you can set your own rules: for example, 'I want to borrow 10,000 USDC, using ETH as collateral, fixed 3-month interest rate of 3.5%'. The system will automatically help you find people willing to lend under these conditions, without you having to stay on the page refreshing market data. Even if you can't find a match, the money will automatically go into a safe pool to earn interest, so it won't go to waste - simply put, it's not about you joining the pool's excitement; it's the pool adapting to your needs.

Recently browsing the DeFi community, at least three out of ten sentences mention Morpho — not because it has done any exaggerated marketing, but because it truly addresses the pain points everyone faces when using DeFi. Whether you are a beginner or an experienced player, you can find comfortable ways to engage here, and naturally, the popularity rises.
To be honest, the most appealing aspect of it is that it 'doesn't discriminate against users'. If you are new to crypto and afraid of not understanding complex operations? No worries, just deposit your money — if you can match with a borrower, you can earn significantly higher returns than ordinary pools; if not matched, it won’t hold you back, as it will automatically transfer to larger pools like Aave or Compound to earn basic returns without you needing to monitor adjustments. If you've been playing with DeFi for a while and want to experiment more? There’s plenty to do: staking MORPHO allows you to participate in governance, such as voting to change the interest rates of certain markets; you can also engage in yield farming to earn some extra income, without being constrained by a single function.

People who engage in DeFi lending have faced two dilemmas: either choose a pooled protocol, where money is thrown in without management but the returns always fall short; or opt for pure P2P, where returns are high but there’s fear of having no counterpart to keep funds idle, and an even greater fear of platform malpractice with their money. It wasn't until Morpho ingrained 'non-custodial' into its architecture that 'money control' and 'efficient profit generation' were combined — it turns out lending doesn’t have to be a multiple-choice question, users can hold real power and still earn comfortably.
Morpho's confidence lies in the ironclad principle that 'money is always in your own hands'. 'Non-custodial' is not just a gimmick; it truly means no intermediary can touch your assets: the ETH and USDC deposited, even if matched to borrowers, still remain under your wallet's ownership, relying on smart contracts to execute transfers according to the rules. Previously, some friends worried about 'platforms running away with funds', but upon checking the blockchain records on Morpho, they discovered that all fund flows are transparent and traceable, and the contracts do not grant any 'platform custody' permissions — this is how DeFi should be: code governs the rules, users hold real power.

In the past, if you wanted to do lending on-chain, you either had to follow the fixed rules set by the platform—what to collateralize and what the interest rates would be were all determined by others; or you were afraid that a certain market would encounter problems and drag your own money down with it; even more worrisome was the sudden change of rules by the platform, causing your hard-earned profits to go to waste. It wasn't until Morpho brought the gameplay of 'setting your own rules, risk not transmitting, and no one can manipulate' that on-chain credit truly returned to users, and even developers and institutions no longer had to 'rely on others.'
It initially helped Aave and Compound with optimization, and later simply launched Morpho Blue, completely returning the power of custom lending to everyone. In the past, if you wanted to create a dedicated lending market, you had to understand coding and risk control, and the threshold was shockingly high. Now it's different: want to use housing card tokens as collateral? Add it yourself; if an institution thinks a certain oracle is more reliable? Just switch it; even how the liquidation rules are set can be decided by you. The key is that each market is an 'independent small circle'; even if one encounters a problem, the money in other markets is safe, and there’s no need to fear 'one loss affects all.' For example, if someone builds a lending market for liquid staking tokens, even if that market experiences volatility, the market using real asset collateral remains stable. This kind of 'isolation' was quite rare in previous DeFi.

Who hasn't been confused by the complexities of DeFi lending? Open various platforms, and the screen is filled with terms like 'liquidity pool' and 'utilization curve.' After calculating the interest for a long time, it still doesn't make sense. If you want to lend, you're afraid of losing money; if you want to borrow, you're worried about pitfalls that cost you more money—until Morpho stepped in and explained it all clearly.
It doesn't use any fancy tricks; the core is just one thing: allowing ordinary people to borrow and lend without having to worry about the bank's whims. All the rules are written in smart contracts, which anyone can check; there's no need to trust the platform or find intermediaries, and the flow of money is completely transparent.

Everyone who plays in DeFi lending has experienced this frustration: wanting to lend, but putting money in the pool means sharing interest with everyone, earning little and fearing no one will borrow; wanting to borrow, but the interest rates in the pool are always higher than actual demand, wasting money unnecessarily. It wasn't until Morpho came up with the 'hybrid model' that these two issues were addressed — it’s like borrowing money directly from a neighbor without intermediaries, and you don’t have to worry about no one taking over, allowing the money to continue earning interest. This is what it really means to be 'comfortable on both ends.'
The problems with traditional pooling protocols should have been addressed long ago. Think about it, everyone piles their money into one pool, regardless of how much the lender wants to earn or how much the borrower can pay, they all have to follow the fixed interest rate of the pool. The interest spread is either taken by the platform or wasted in 'idle funds'. For example, on some platforms, a lender clearly wants to lend at 5%, while the borrower is willing to pay 6%, but due to the pooling rules, the lender can only get 4%, and the borrower has to pay 7%, resulting in a wasted 3% difference; what's more frustrating is that sometimes there is too much money in the pool, and half of it is not borrowed, so it can only sit there earning a meager 0.5% on demand deposits, which is a huge loss.

Many people focus on Morpho's P2P yield optimization and institutional cooperation cases, but often overlook its foundation—the Morpho blockchain itself. It is never a protocol that 'depends on other public chains,' but rather an underlying architecture centered on 'speed, security, and decentralization.' It is this framework that supports the full scene landing of DeFi lending from 'usable' to 'easy to use.'
Its underlying confidence is first hidden in the technical genes of 'threefold guarantees.' Unlike traditional financial systems that rely on centralized servers, the Morpho blockchain achieves 'trustless verification' through distributed nodes—each lending transaction and yield settlement is packaged into blocks, with all network nodes synchronously recording, and no single entity can tamper with the data. Smart contracts become 'automated executors,' with lending matching, interest rate calculation, and capital guarantees running entirely according to preset logic, without human intervention, thus avoiding manipulation risks while compressing transaction confirmation speed to the optimal level on-chain. This is also the core reason why Coinbase dares to place a $1 billion collateral loan on it—if the foundation is stable enough, the upper business can dare to scale.

The crypto space is never short of projects that make a lot of noise, touting 'high returns' today and 'new concepts' tomorrow, but Morpho is an exception—no marketing, no hype, just quietly solving the 'old problems' of DeFi lending one by one. From initially helping people save on interest spreads to later creating a 'foundation' for building markets, it didn't make a fuss, yet subtly changed the rules of lending to be fairer, more stable, and less worrisome, becoming a presence that many people feel they can use without constant oversight.
A few years ago, DeFi lending faced a hurdle: Aave and Compound got things started, but putting money in always felt a bit like a 'waste'—the extra interest paid by borrowers and the lower returns for lenders got stuck in the middle and weren't utilized. The earliest version of Morpho's Optimizers was like a 'smart matchmaker', specifically helping borrowers and lenders connect directly, without the detours around the pool. For example, if the expected interest rates matched, the two parties would make a deal without the lender missing out on expected returns or the borrower paying extra costs, thus preventing the middleman profits from being wasted. If a suitable person wasn't found, the money wouldn't sit idle; it would automatically enter Aave's pool to earn basic returns, ensuring no losses.

I do lending on Morpho, and I care about two things: Is the opportunity fair, and will I lose out if I don't get matched? The logic of Morpho is straightforward: if it can be matched point-to-point, it will; if it can't be matched, it reverts to the underlying pooling, with interest rates and liquidation parameters following the original protocol, not deteriorating because of 'not winning the bid'. Fairness primarily comes from 'never being worse than before'.
Who gets matched first? This isn't just a random guess. The strategy is governable: it can be first-come-first-served, prioritized by volume, or randomly selected. More importantly, there are engineering boundaries—each matching has a gas budget and stepping count: once the budget is exhausted, the remaining quota automatically reverts to the underlying pooling execution. This prevents 'big players from brushing the queue' and 'gas fee arms races'. My actual experience has been stable: matching is a bonus, and not matching does not deduct points.

When it comes to on-chain lending, I first look at two things: is the money always retrievable, and is it clear where it is being used. The advantage of Morpho is that it incorporates these aspects into the protocol process. If a match is found, the lender and borrower transact directly; if not, it immediately returns to the underlying pool to continue accruing interest and managing risk, without needing to change positions or worry about funds being left hanging. Efficiency is not achieved through rewards but is guaranteed by path design.
The market structure is even more wonderful. Morpho Blue breaks down lending into independent markets, each with its own collateral line, oracle, and liquidation rules; when issues arise, they are contained locally, and the rest of the system continues to operate as usual. For strategists, this means they can arrange duration and leverage according to asset characteristics, rather than being led by an overall curve.

When it comes to on-chain lending, I first look at two things: whether the money is always withdrawable and whether its usage is clear. The advantage of Morpho is that it incorporates these into the protocol process. If a match is found, lenders and borrowers transact directly; if not, it immediately returns to the underlying pool to continue earning interest and managing risk, without needing to change positions or worry about funds being left hanging. Efficiency is not built up through rewards, but ensured by path design.
The market structure is even more wonderful. Morpho Blue breaks down lending into independent markets, each with its own collateral line, oracle, and liquidation rules; when problems arise, they are contained locally, and the rest of the system operates as usual. For strategists, this means they can arrange duration and leverage according to asset characteristics, rather than being led by a single overall curve.

Scalability is not about score comparisons, but about whether it can stand firm in rainy weather. Linea breaks down order into several layers: the correctness of execution is guaranteed by zero-knowledge proofs, and invalid states cannot pass; the operating layer writes exception handling into processes, parameter adjustments have a cooling-off period, and upgrades are first carried out in a small scope with verifiable rollback paths in case of failure. Security is not a one-time audit report but a set of always-on mechanisms: bug bounties, real-time threat monitoring, and runtime interception run in parallel, with records of issues and accountability afterward.
Interoperability is the second pillar. Cross-domain messaging makes the back-and-forth of any data between L1 and L2 the norm, not only bridging assets but also synchronizing states and submitting proofs; combined with CCIP Read, querying Layer 2 data on the mainnet is like checking a local ledger, and naming resolution, account information, and cross-domain authorization can all proceed smoothly. EIP-4844 reduces the cost of data availability, pushing toward equivalence with Type-1 in the future, meaning 'whatever is written in Ethereum runs here', so compliance and audit teams do not need to learn a new set of semantics.

Everyone puts money into DeFi lending, always seeming to be separated by an invisible wall — clearly it’s one’s own capital, yet it has to follow the platform's rules: either watch helplessly as the difference between revenue and costs is taken away, or let the money lie in the pool 'lying flat', and to unlock liquidity, one has to first struggle with positions for a while. The most unique aspect of Morpho is that it breaks down this wall, allowing capital to finally follow the user's demands, rather than being led by the rules.
It doesn’t have any complicated new models, but focuses on one key issue: in traditional pooled lending, capital is 'passive'. When you lend, you have to accept the interest rate set by the platform, and the spread in between has nothing to do with you; you want to avoid letting money sit idle, but there’s no way. However, the 'intelligent optimization layer' added by Morpho makes capital 'active' — you don’t have to manually find borrowers; the system will help your capital connect with demands that are 'suitable', as long as both parties have matching expectations, they can cooperate directly without a middle layer taking a share of the benefits. Even if there isn’t an immediate match, the capital won’t sit idle; it will automatically continue to earn interest in a safe pool, without you having to worry from start to finish about whether 'money will be wasted'.

Many people focus on Morpho's P2P yield optimization and institutional collaboration cases, but easily overlook its foundation—the Morpho blockchain itself. It has never been a 'protocol dependent on other public chains', but rather a foundational architecture centered on 'speed, security, and disintermediation'. It is this framework that supports the full-scenario landing of DeFi lending from 'usable' to 'well usable'.
Its underlying confidence is first hidden in the technical genes of the 'three guarantees'. Unlike traditional financial systems that rely on centralized servers, the Morpho blockchain uses distributed nodes to achieve 'trustless verification'—each lending transaction and yield settlement is packaged into blocks, with all nodes in the network synchronously recording, and no single entity can tamper with the data. Smart contracts have become the 'automated executors', with lending matching, interest rate calculations, and capital backing processes all running according to preset logic, without manual intervention, which not only avoids manipulation risks but also compresses the transaction confirmation speed to the optimal level on-chain. This is also the core reason why Coinbase dares to place a $1 billion collateral loan on it—the foundation is stable enough for upper-layer businesses to scale up.

The true cost of the on-chain world comes not only from transaction fees but also from the 'time gap.' The longer a fund drifts within the system, the higher the risk reserves and communication costs. Linea's value lies in compressing this time into a scale that businesses can perceive and plan: rapid confirmation provides an interactive feel, while the hard finality of proof post-approval sets the baseline for settlement, with both clearly layered to ensure that front-end experience and financial accounting no longer drag each other down.
When execution is moved to layer two, the fee structure is broken down into three parts: local execution and sorting, publishing data to the mainnet, and generating and verifying proofs. The Blob lane transforms the price of the second part from 'uncontrollably expensive' to 'volatile but manageable,' while batch processing and proof merging spreads the third part across more transactions. As a result, the past actions of 'only worthwhile in batches' begin to become economical on a minute-by-minute basis: creator subscriptions can be deducted on schedule, game items can be settled instantly, and corporate points and small settlements no longer need to be delayed until the late-night low peak.

Now in the DeFi circle, when projects are discussed, people either ask "What is your TVL?" or "How high can the returns go?", which can be quite annoying. But Morpho is different; it operates like a sound engineer hiding in the background—not seeking the spotlight, not making a fuss, but focusing on "making the flow of money sound better". While others chase after liquidity, it aims to teach liquidity "how to find its rhythm": when to connect with borrowers, when to rest in the pool, and how to make both borrowers and lenders feel "comfortable". Quietly, it has created a unique "sound" in DeFi.

When discussing Linea, it is easy to get caught up in the old topic of 'performance/incentives'. What is more worth focusing on is how it breaks down decentralization into observable, measurable, and auditable progress bars: when will sorting authority become multi-party, whether external participants will be introduced to the provers, how many client implementations there are, how emergency switches will be balanced, and whether key parameters can be disclosed and traced on-chain. These are not slogans, but engineering contracts.
First is sorting and finality. Linea has defined boundaries for batch rhythm and delay intervals, with clear rollback and throttling strategies during congestion; 'manual intervention' outside of consensus is restricted to clearly defined safety thresholds and requires post-event traceability. Second is the replaceability of the proof stack: circuit abstraction and compilation links separate 'constraints' from 'backends', leaving interfaces for future multi-prover parallelism and gate library switching, avoiding single-point routes that lock the project.

Discussing Linea, the most effective perspective is not that 'the new chain replaces the old chain', but rather viewing it as an efficient sorting center outside of Ethereum: packages (transactions) are first categorized, weighed, and verified here, and then a minimal and verifiable 'handover document' is returned to the main warehouse (mainnet). This handover document is the zero-knowledge validity proof; as long as it holds, the mainnet can be confident with minimal data that every step in the batch is executed in compliance. Thus, the mainnet retains adjudication and archiving, while Linea undertakes intensive execution and aggregation, allowing the familiar semantics of Ethereum to continue on a faster track.