Morph airdrop Image

Morph

Category: Layer 2, Decentralized finance (DeFI)

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Overview

Total XP Rewards

120

Estimated Rewards

$10M

Funding

$20M

Current Stage

Season 2

Total value locked

-

Unique Users

-

Chains

chain image

Phase

Mainnet

Structure

Points based

Gas

Yes

Grade

A

Tasks

0/6

TGE

Q1-2025

Type

Layer 2

Confirmed

Yes

Date

3 months ago

Introduction

  • Morph is an advanced Layer 2 solution built on Ethereum, combining the power of optimistic rollups and zk technology to offer scalability, security, and user-friendly applications. 
  • Its mission is to create a blockchain ecosystem where everyday applications are seamlessly integrated into daily life.

Tasks

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Fundamentals

  • Layer 2 Scaling Solution: Designed to scale Ethereum applications with minimal fees and faster transactions.
  • Optimistic zkEVM Design: Morph combines Optimistic Rollups and zk-proofs for higher scalability and better security.
  • Advanced Interoperability Features: Enables seamless communication with Ethereum Layer 1 and other Layer 2 chains.
  • Zero-Knowledge Proving System: Uses zk-proofs for efficient verification of transaction validity.
  • Batch Processing Technology: Aggregates multiple transactions to reduce on-chain data and costs.

Potential Rewards

  • Morph Points track engagement and contributions within the Morph ecosystem through various campaigns.
  • Points are earned by interacting with DApps, voting, daily check-ins, and participating in special events.
  • Season 1, "Genesis Jungle," allowed users to accumulate points through ecosystem activities.
  • Season 2, "The Great Token Migration," offers additional ways to earn rewards.
  • Morph Points are tied to airdrop potential, with active participants receiving exclusive rewards based on their engagement level.

Investors

  • DragonFly Capital
  • Pantera Capital
  •  Foresight Ventures

Audit

  • Quantstamp

Features

  • Decentralized Sequencer Network: Morph indeed distributes sequencing tasks across multiple entities, ensuring a more robust and decentralized system. 
  • Modular Architecture: Morph's modular setup allows independent upgrades to each component of the system Sequencer Network, zkEVM, and Rollup.
  • Responsive Validity Proof (RVP): RVP optimizes withdrawal periods and reduces transaction costs, making the system more efficient for both developers and users​.
  • BLS Signature for Batch Signing: To optimize costs, Morph uses BLS signatures for signing batches of Layer 2 blocks.
  • Active Developer Ecosystem: Morph is fostering an inclusive developer community, with extensive documentation, APIs, and integration support.

Non-Financial Advice

  • Research:  Explore project's documentation, audits, and community.
  • Understand risks:  DeFi has vulnerabilities, market volatility, and token fluctuation.
  • Invest wisely:  Only invest what you can afford to lose.
  • Beware of scams:  Don't trust unsolicited outreach or guaranteed returns.

*ANZALI only provides suggestions and not financial advice. Use all of the information above at your own risk.

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