The Morpho Association is engaging its community in discussions regarding the transferability of the MORPHO token, which was initially launched as a non-transferable asset in June 2022
The Morpho Association is engaging its community in discussions regarding the transferability of the MORPHO token, which was initially launched as a non-transferable asset in June 2022.
This initiative aims to decentralize ownership and align user interests with the long-term growth of the Morpho network. Currently, there are 300 participants in Morpho’s Safe{Pass} Campaign, which has attracted over $55 million in supplied assets.
Additionally, the MORPHO token is expected to become transferable soon, allowing users who participated in farming to benefit from this change. The campaign encourages users to earn extra MORPHO rewards and Safe Points by depositing into a Morpho Vault on Ethereum using a Safe Smart Account.
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Source: https://thedefiant.io/news/defi/morpho-association-invites-community-to-discuss-transferability-morpho-token-55m