News/DeFi Lending Protocol Morpho Launches Age 2 Rewards, Plans to Distribute 10 Million $MORPHO

DeFi Lending Protocol Morpho Launches Age 2 Rewards, Plans to Distribute 10 Million $MORPHO

Sep 22,2022,10:07

DeFi lending protocol Morpho announced that Age 2 rewards are live. 1% of all MORPHO tokens will be emitted across Morpho-Aave and Morpho-Compound. The Age 2 - Epoch 1 will allocate the first 3 million MORPHO tokens to the Morpho-Aave market.

Previously, Morpho closed an $18 million round of funding in July led by a16z and Variant, with participation from Coinbase Ventures, Nascent, Semantic Ventures, and others.

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