Morpho Labs posted on the X platform that MORPHO rewards have been launched on the wbIB01/PYUSD market. Users can deposit PYUSD into the Steakhouse PYUSD vault to receive earnings and MORPHO rewards.
According to previous news, DeFi lending protocol Morpho posted on the X platform that two proposals, MIP 33 and MIP 34, have been voted on.
The weETH/WETH and osETH/ETH markets on Morpho Blue are about to launch, and 90,000 MORPHO and other tokens worth $45,000 (USDC, SWISE respectively) will be distributed within three months as incentives.
Relevant rewards will begin to be provided after the two markets are created, and the reward amount will linearly increase month by month, so the reward amount issued in the second and third months will be 3 times and 5 times that of the first month respectively.