Consumer-grade public chain Morph launches DeFi activity version 2.0: new partners and limited-time 7x points rewards
Odaily News Starting at 10 pm Beijing time on February 24, the consumer-grade public chain Morph added two new Defi liquidity pool partners, Concrete and Layer Bank, based on the original bulbaswap liquidity pool.
Currently, deploying assets to liquidity pools will significantly increase the number of Morph points users receive, compared to just holding assets on the chain, each decentralized application (dApp) has its own bonus multiplier: BulbaSwap - 2x; LayerBank - 2x; Concrete - 2.6x. At the same time, to celebrate the cooperation with new partners, Morph will provide these liquidity pools with higher Morph points bonuses in the first 7 days: from today, from the 1st day to the 7th day - 7x bonus, and after the 8th day, return to the above standard multiplier (depending on the liquidity pool and asset: 2x / 2.6x).
It is reported that this Defi event is a limited-time 7x points reward event on Morph Defi Frenzy 1.0. In Morph's ongoing Defi event, users can cross-chain and deploy any eligible assets, including BGB, ETH, USDC, USDT, WBTC, pumpBTC, USDe, weETH, LBTC, MX, and different assets correspond to different bonus rates: for example, pumpBTC, weETH, LBTC - 2x; USDe - 2.6x, etc.
Currently, Morph points are worth over $11 on the Whales website.
