The Morpheus token MOR has opened for claim and trading, becoming an OFT token on chains such as Ethereum and Arbitrum
News on May 9th, LayerZero Labs announced on platform X that Morpheus's native token MOR has now become a token compliant 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 distributed to coders, capital providers, compute providers and the community; 4% is reserved as a "protection fund" for paying expenses such as 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
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion
Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC