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MOR Token and Liquidity FAQ.md

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Frequently Asked Questions about MOR token and Protocol owned Liquidity (POL)

What is the utility of MOR?

MOR is the underlying utility token of the Morpheus network that allows holders to access network compute resources and rewards for ecosystem contributors. Also MOR can be staked towards frontends and smart agents users like, thereby directing community emissions to them and be rewarded in their native tokens. Additionally, MOR is the main asset for AI projects launched in the Morpheus ecosystem, like ETH for Ethereum. Finally, all settlements between parties are also in MOR.

What chains is the MOR token located on?

Currently MOR token is deployed on Arbitrum, Ethereum and Base chains.

What are the addresses of the MOR token smart contract?

Arbitrum: 0x092bAaDB7DEf4C3981454dD9c0A0D7FF07bCFc86

Ethereum: 0xcBB8f1BDA10b9696c57E13BC128Fe674769DCEc0

Base: 0x7431ada8a591c955a994a21710752ef9b882b8e3

Where can I buy the token?

The main liquidity pool is settled in wETH/MOR trading pair on Uniswap Arbitrum chain

Can I buy MOR if I don’t have wETH, but ETH and USDC?

Yes, you can buy the token using any liquid token available on the Uniswap exchange. In this case, your token will be exchanged for wETH and then for MOR.

How can I check that these links are legitimate?

All the relevant and verified links are available in the Morpheus Discord server

Was there a presale, and what is the vesting schedule?

There was NO presale, premine or any type of token allocations as it’s a fair launch.

What is a fair launch?

It's a method of launching the Morpheus project with equal conditions for all participants, without premine and allocations for the team, founders, investors, etc. MOR tokens can only be earned or purchased.

What is the MOR maximum supply?

42,000,000 tokens that will be released over 16 years.

Can I know more about tokenomic?

Morpheus rewards contributors with MOR token emissions started at 14,400 MOR per day on Feb 8th 2024 and decreases by 2.47 MOR each day until the rewards reaches 0 on day 5,833 (~16 years).
The rewards are distributed as follows:

  • 24% (3,456 MOR) for Capital Providers;
  • 24% (3,456 MOR) for Code Providers;
  • 24% (3,456 MOR) for Compute Providers;
  • 24% (3,456 MOR) for Community Providers;
  • 4% (576 MOR) for Protection Fund.

Yield generated by Capital Providers utilizes this way:

What is Protocol Owned Liquidity (PoL)?

It's liquidity that is owned and controlled by the protocol itself, rather than by individual liquidity providers. This helps ensure the protocol's long-term sustainability and independence.

How is the PoL created?

Morpheus utilizes part of the yield generated by Capital Providers to buyback MOR from the open market, combine it with the remaining wETH, and add it to the Protocol owned Liquidity.

Where can I get data about MOR relevant data on Morpheus emissions and supply?

You can get these data from Morpheus CoinGecko page, Morpheus CoinMarketCap page or community websites:

When will Morpheus be listed on tier-1 centralized exchanges, like Binance?

It’s best to ask the exchange representatives directly as they make the listing decisions.

Where can I get support and ask questions?

Community members would love to assist you in #tech-support discord channel.

If you did not find the answer to your question, you can add it through this form.

Warning

Beware of scams, anyone who message you with proposal to help is likely scammer.