10 Reasons to be Excited About Morpheus
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by Jeff McDonald, Morpheus contributor
“Compute is going to be the currency of the future, maybe the most precious commodity in the world.” — Sam Altman.
It is more than just a quirky name; it's a . Investors start earning MOR daily by depositing ETH as stETH into the Morpheus contract on Ethereum's main chain. The best part? Users can withdraw their stETH anytime and claim their earned MOR: your keys, your coins. Over 1,5% of LIDO's stETH were in the Morpheus contract at some moment.
Unlike traditional liquidity providers, who can withdraw their funds to support a coin's liquidity at any time, in Morpheus, stETH yields from capital providers are directed to Uniswap's liquidity pool to createProtocol-Owned Liquidity (PoL), which only increases daily. This growth is a key metric for whale investors.
Holders can access based on their token ownership percentage. This means owning MOR grants direct access to the network's computing power without recurring fees.
Instead of navigating complex quadratic voting processes, DAOs, or politically swayed community funds, MOR holders vote directly by with new projects they support and receiving rewards for their efforts.
are compensated immediately upon launch, eliminating the need for a lengthy marketing grind and user acquisition. The stETH depositors have already bootstrapped the ecosystem.
Morpheus acts as a marketplace for compute providers and AI code. Built on principles of free market competition and decentralization, it rewards contributors directly without intermediaries or centralized control. With a free market approach, the best models and compute providers acquire the most consumers.
Morpheus incentivizes those who further the adoption of Morpheus. Referrers who help others deposit stETH also receive rewards, decentralizing community leadership and fostering a global network of contributors while helping to increase funds for operations.
Decentralized AI addresses urgent privacy concerns and mistrust in big tech. Morpheus leverages blockchain advancements to deploy AI on a decentralized network, providing an uncensored and privacy-centric alternative to centralized platforms.
Jeff's Contacts
Telegram: @jabo38
Twitter: @thejabo38
Morpheus's and control efficiently with minimal overhead. While not as complex as L1 or L2 solutions to build from scratch and maintain, its marketplace model enables exponential scalability. Only recently has blockchain development technology matured to the point where this kind of project is possible.
Morpheus is a set of contracts that include the fundraising mechanism (The Techno Capital Machine) used to help bootstrap an AI marketplace. These contracts are open-sourced and now battle-tested in a real-world environment, securing over $500,000,000 USD worth of stETH. They are being packaged today as part of the , which allows others to use this model to help fund their projects.
