Morpheus token MOR is now available for claiming and trading, becoming an OFT token on Ethereum, Arbitrum and other chains
On May 9th, LayerZero Labs announced on X platform that the native token MOR of the Morpheus ecosystem has become a token that complies with the OFT standard on Ethereum, Arbitrum, and other L2s. According to its token economic model, the total supply of MOR is 42 million, of which 24% will be allocated to coders, capital providers, compute providers, and the community; 4% is reserved as a "protection fund" for paying for things like bug bounties and audits.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
How Long Will Bitcoin Price Continue to Climb? Analytics Company Gives Date from Price Model
Cryptocurrency analysis company Alphractal has predicted how high the Bitcoin price will continue to grow.
Prominent Analyst Responds to “Dogecoin Can’t Go Any Higher” Rumors – Sets Price Target
Cryptocurrency analyst Ali Martinez evaluated the Dogecoin price in his statement and gave a price target.
What to Expect in the Cryptocurrency Market in the New Week? Analysis Company Commented
The cryptocurrency analytics company has shared an analysis explaining its outlook for the new week. Here are all the details.
Watch Out: 25 Altcoins Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour List
The cryptocurrency market is preparing for a large amount of token unlocking in many altcoins in the new week. Here is the full list.