GM Digest #479 — Morpho
Good Morning with Valuable Alpha / News
Morpho Token Transferability
• The @MorphoLabs DAO has voted to enable the transferability of the $MORPHO token starting Nov 21
• Initially launched as non-transferable, $MORPHO tokens were distributed to users, contributors, and strategic partners
• The $MORPHO token serves as the governance mechanism for decisions such as protocol growth, smart contract management, and treasury oversight
• To support onchain vote tracking and future cross-chain interoperability, legacy MORPHO tokens will need to be wrapped into a new transferable version
INFINIT x Aerodrome
• @Infinit_Labs has integrated @AerodromeFi into Epoch 2 of its rewards system, enabling users to earn INFINIT Stones by participating in Aerodrome's AMM on Base
• INFINIT aims to enhance Aerodrome with features like margin trading and support for different strategies
• Users can earn double INFINIT Stones by providing liquidity to the ETH/USDC vAMM pool. Stones will convert to INFINIT tokens more than likely
Gloop Token Sale
• @gloopfinance is a protocol focused on optimizing yields from @GMX_IO assets through its two key components: the GMI index token and an upcoming lending/borrowing platform
• The GMI token offers a curated, algorithmically optimized basket of GM assets for better risk/return ratios, while the platform will allow users to borrow against yield-bearing assets like those from GMX
• Additionally, future $GLOOP token liquidity will integrate with $GMI
• A $GLOOP token sale is currently live on @FjordFoundry
Spectra Swell Pools
• @spectra_finance has launched the rSWELL pool offering users leveraged exposure to @swellnetworkio’s Black Pearls, improved yields, and discounted rSWELL
• Yield Trading enables up to 42x leverage, while liquidity providers earn pool fees, fixed rates, and boosted rewards through Black Pearls and APW incentives
• Additionally, users can also accumulate rSWELL at a discount by purchasing PT-rSWELL and redeeming it at maturity