MORPHO rewards on blue chip markets

The Steakhouse PYUSD vault is showing strong potential with steady growth now reaching $5M in deposits despite a low reward rate. We propose to multiply the reward distribution on PYUSD markets by 3 to bring the total to 1500 MORPHO per day. Following the relative sizes of the markets, we propose to split it this way:

  • WBTC/PYUSD (86%): 1000 MORPHO per day
  • wstETH/PYUSD (86%): 500 MORPHO per day

The wbIB01/PYUSD (96.5%) market, which is currently the only one receiving rewards, would no longer receive any.

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