Create a Rewards Program

This tutorial guides you through creating a new rewards program for Morpho Vaults or Markets using Merkl, the current standard for reward distribution.

Prerequisites

Before creating a rewards program, ensure you have:

• A clear incentive strategy (what behavior do you want to encourage?)
• Reward tokens ready for distribution
• Knowledge of target Morpho Markets or Vaults
• A wallet with assets to deposit reward tokens
• Understanding of Reward Program Types

Overview: Merkl for Rewards Programs

Merkl is the standard distribution system for Morpho rewards. It provides:

• Automated Distribution: Rewards calculated and distributed every 8 hours
• Flexible Configuration: Target specific markets, vaults, or user groups
• Multi-Chain Support: Works across all chains where Morpho is deployed
• Transparent Tracking: Real-time visibility into reward distribution

Creating a Program via Merkl

Merkl provides a user-friendly interface for creating reward campaigns. The process differs slightly between Vault and Market programs.

Next Steps

• Fetch campaign data: Follow the Fetch Rewards Data tutorial
• Integrate display: Check out the Integrate Display tutorial
• Enable claiming: See the Claim Rewards tutorial