MOR Rewards Staking
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Capital Providers have a default 90-day claim delay for MOR rewards. Each time a user deposits stETH, they are able to claim their MOR rewards after 90 days, unless they choose to stake for a longer period. Subsequent claims are also be available every 90 days following each claim or deposit.
has been introduced as a community initiative to close the negative feedback loop at the capital providers bucket and separate the real contributors from short-term opportunists.
In simple terms, Morpheus contributors can stake MOR reward claims for a future date. In exchange, contributors get a "Power Factor" or just "Power" that amplifies their MOR rewards.
The Power Factor mirrors the dilution rate due to daily emissions contributors experience while staking the MOR rewards. The equation can be found in the .
The maximum Power Factor multiplier is 10.7x if staked for 6 years.
There are no limits, but the Power Factor starts to grow from 1x after approximately six months of staking and reaches its maximum of 10.7x if rewards are staked for six years. While there are no limits, the reasonable range is from six months to six years.
No, only future MOR reward claims can participate in this staking.
All four types of Morpheus contributions (Code, Capital, Compute, or Builders) can participate in MRS. Capital and Code will go live first, with Compute and Builder rewards staking following afterward.
Staking rewards is not mandatory, but without it, you will not gain Power Factor.
The user is not able to withdraw their MOR rewards until the end of the MRS period.
Not every transaction will trigger recalculation, but only transactions with the Distribution contract, due to the technical specifics of the contract. For example, depositing or withdrawing stETH for capital providers, or increasing or decreasing weights for code contributors.
No, because these transactions do not call functions of the Distribution contract.
No, MRS has no impact on daily MOR emissions, but due to staking, fewer MOR tokens will flow into circulation.
Nothing changes the ability of capital contributors to withdraw their stETH (beyond the normal 7 days), only the claiming of MOR rewards is delayed. However, when you withdraw stETH, you will no longer get rewards.
Beware of scams, anyone who message you with proposal to help is likely a scammer
You will be able to do that via the or directly .
You are welcome to read the full version of the proposal .
Please ask it in the Discord in the or channels.