closedEnded a year ago · Snapshot (Offchain)
MIP 97 - Optimistic Rewards Rate Adjustment Framework
By 0xB93B...d98ac5Continue Reading
In order to reduce operational overhead around adjusting the MORPHO token rewards rate on multiple networks, implement the following framework.
On Ethereum, Base, and other networks where MORPHO rewards are allocated by the DAO in the future, allow the Morpho Association to optimistically implement rewards changes using the following rules:
- maximum of ±30% change in global rewards rates per week
- maximum of ±30% change in per asset rates per week (for example, stablecoins currently receive a higher MORPHO reward rate than other assets)
- all changes to be posted on the forum at least 24 hours in advance of implementation
- reward rate cannot increase higher than 50% of the current level for any asset without a vote
Should this proposal pass, the DAO can revoke or modify the framework at any time with a new vote.
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0Votes 18
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x5491...2B199b | 797,317 | For |
 0x9cea...AbA0F6 | 400,010 | For |
 0xB217...0A6B87 | 187,328 | For |
 0x11cd...3e3A8F | 118,025 | For |
 0x3FB1...2d4C8A | 1,447 | For |
VOTE POWER
0
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Proposal Status
- Mon March 03 2025, 06:33 pmVoting Period Starts
- Thu March 06 2025, 06:33 pmEnd Voting Period
Current Results
1-For
1.506M
2-Against
18.371
Quorum 1.506M/500,000