@terence Thanks for this proposal.
Great to see apxETH coming on Morpho and your willingness to develop it!
We believe the apxETH/WETH market has great potential alongside the Re7 vault. We propose to allocate a total of 150k MORPHO as incentives over the three month period to help it grow.
The BTRFLY and MORPHO distributions would follow the Standard method for distributing incentives on Morpho Blue markets .
A vote will be initiated shortly. Should the vote pass, its execution will be conditioned on the receipt of the BTRFLY amount on morpho.eth and the actual inclusion of the market in the RE7 vault.
NB: distribution of incentives by the MORPHO DAO does not signify endorsement of market risks.