Initial Distribution

The Morpho Token was deployed by the Morpho Association at the address: 0x9994E35Db50125E0DF82e4c2dde62496CE330999.

The token has a maximum total supply of 1,000,000,000 MORPHO. 80% of the tokens were minted by the DAO, and the association minted 20% of the tokens and sold 19% of them to investors across two rounds of funding in 2021 and 2022.

As part of MIP1, the DAO distributed MORPHO tokens to the initial founders, Morpho Labs, and other independent contributors, researchers, and advisors.

Each initial distribution is done through a vesting contract. The minimum vesting is a 6-month lock-up followed by a 30-month vesting, which started on the 25th of December, 2022.