# Tané Delegate Platform **URL:** \ **Category:** Delegation\ **Created:** [October 15, 2024, 2:49am UTC](https://forum.morpho.org/t/tane-delegate-platform/882 "2024-10-15T02:49:35Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [October 15, 2024, 2:49am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/1 "2024-10-15T02:49:35Z")
## Name Tané ## Address tanegov.eth / **0xB79294D00848a3A4C00c22D9367F19B4280689D7** ## Introduction Tané is formed with a group of crypto-native product builders, based in Tokyo, Dubai and New York. We are backed by SoftBank, and Japanese tech giants like DeNA, GREE, MIXI, and closely work with the big Japanese enterprises and have great relationship with Japanese crypto communities. Our investment arm has invested in and supported various innovative projects that contribute to the decentralized society enabled by the new blockchain technology. Our network operation entity started directly contributing to the ecosystem by being node operators for the core infrastructures and protocols that make Web3 move forward and contributors to the DAOs that manage them. We have been active as delegates in Arbitrum, Optimism, Uniswap, Lido and more. Takeshi, Head of Network Operations, who worked for Twitter as a senior software engineer and for SmartNews, a Japanese unicorn startup that provides a news aggregation mobile app with 30M MAU as a product manager, is the main representative of the account. ## Contact Information X (Twitter): [https://x.com/tanelabs](https://x.com/tanelabs) Web: [https://tanelabs.com](https://tanelabs.com/) Discord: tksohishi Telegram: takeshi55555 ## Motivation We believe we can contribute to Morpho in many and unique ways, and help Morpho achieve its goals as a trustless base layer for lenders, borrowers, and applications. Here are the reasons why we can bring value to Morpho; Grant Distribution Expertise: We are experienced in grant distribution, as we are members of the Optimism Grants Council. We can leverage this experience to promote Morpho’s platform growth through strategic grant initiatives. Governance Optimization: By contributing to several DAOs, we have become familiar with different kinds of DAO governance designs. This experience equips us with the ability to support and optimize Morpho’s governance mechanisms for enhanced efficiency and community engagement. Strong Japanese Market Connections: Rooted in Japan, we have established connections with builders, CeFi institutions, and enterprises. We can utilize this background to contribute to Morpho by facilitating partnerships, fostering community growth, and supporting expansion into the Japanese market. DeFi Governance Experience: We are familiar with DeFi protocol governance through our heavy involvement in Uniswap governance, among others. This familiarity allows us to bring valuable insights and contribute effectively to Morpho’s governance processes. ### Tech-savvy delegate Our unique experience and expertise in the tech industries as product builders (entrepreneurs, software engineers, and product managers) should be able to contribute to critical feedback and comments on technical upgrades and issues to be discussed and implemented by collaborating with Morpho contributors and external parties. ### Japan representative There are many users and traders using crypto products in Japan, but there are no prominent delegates who actively participate in and contribute to DAO governance from Japan yet. We are aiming to be the ones who represent the Japanese users and token holders by being active in the governance, leveraging the partnership with Japanese enterprises, and making meaningful impacts on the protocols and the ecosystem. ## Values and Decision-Making Approach We have established our Delegate Core Values as below and demonstrated our delegate activities and decision-making based on them. ### Integrity We value **integrity** a lot. We believe integrity is the most important virtue even in an industry that values trustless and permissionless. In fact, even though we should aim for governance minimization in the end, the protocols should still need governance and it requires capable and sincere participants. We should be one of them. ### Diversity **Diversity** is one of the most important values to achieve decentralization. We are very unique in various perspectives including the geographical diversity (Japan and Asia). We also value diversities provided by other actors and are willing to appreciate them and collaborations with them. ### Practicality We believe in progressive decentralization. While considering that decentralization is the ultimate goal for crypto/blockchain projects to achieve, we sometimes value **practicality** and approaches that get things done rather than getting stuck in pursuing the “decentralization” too much from the start. ### Transparency We believe **transparency** is a vital trait in decentralized systems. We communicate our findings, feedback, opinions, disagreements, and praises in a clear and constructive manner. We believe transparent communications should lead to better discussions and decisions to thrive. ## Disclosures Our investment arm, as a separate entity, has invested in [a number of crypto startups](https://tanelabs.com/portfolio) but as of the time of writing this profile, we don’t believe there are clear COIs in terms of contributing to Morpho DAO. We are also active in the other DAOs, Arbitrum, Optimism (S6 Grants Council member), Uniswap, Lido and more in the future. We will update our voting activities and the rationales behind them in this thread. Please reach out to us anytime when you have any opinions/comments/feedback. You can also check out our voting activities related to Morpho from [our internal tracker](https://networkoperations.tanelabs.com/databases/protocols/morpho). ## Waiver of Liability By delegating to Tané, you acknowledge and agree that Tané will participate on a best-efforts basis and will not be liable for any damages related to participation in the Morpho Protocol, the Morpho Interface, or its DAO. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [December 11, 2024, 3:02am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/2 "2024-12-11T03:02:04Z")
### [MIP80 - Approve Review of Contributor Grants and Establish Formal Process](https://snapshot.box/#/s:morpho.eth/proposal/0xf54ed900027a7c8fcf918813943110ddb8408b144cca2ec8e65c9b00748678bc) (Snapshot) Summary: The proposal requests the Morpho DAO’s approval for the allocation of 0.5% of MORPHO tokens that was vested to contributors in 2022-2023. Vote: **Approve** Rationale: Contributors should be fairly compensated for their efforts, and the amount proposed is reasonable and well within acceptable parameters. Importantly, the allocation process appears both transparent and proper. ### [MIP81- Morpho Grants Pilot Program](https://snapshot.box/#/s:morpho.eth/proposal/0x2fe66828b94efd41a6df4dbb025d04758cbea18426f46940c0ff404dd459d501) (Snapshot) Summary: This is a proposal to introduce a grants program with 200k MORPHO to fund impactful projects on the Morpho Stack, with milestone-based payouts and community-driven selection. Vote: **Establish grants program** Rationale: The introduction of a grant program is a vital step in expanding the ecosystem. Running it as a pilot program will likely reveal various challenges, and we aim to contribute meaningfully to address them. ### [MIP-82- Increase MORPHO Reward Rate on Base](https://snapshot.box/#/s:morpho.eth/proposal/0xa327e496d22996d35b3a00e7adaf1c062ae7b741b66693ec1ff83c6ff1e221f0) (Snapshot) Summary: Aiming to match the growth on Base, the proposal suggests increasing MORPHO rewards by 30%, raising the S\_lim limit from $60M to $78M. Vote: **Increase rate** Rationale: We believe that Ethereum’s rollup-centric roadmap makes it strategically important to secure a significant position in the largest rollup ecosystem over the medium to long term. Therefore, incentives on Base should be actively increased. While this proposal represents a gradual increase, we remain open to considering more assertive approaches if deemed necessary in the future. ### [MIP 83 - Berachain Morpho License](https://snapshot.box/#/s:morpho.eth/proposal/0x6429f932466a231329ae9d9f652160d86431b96c82c66dc7911688b521088952) (Snapshot) Summary: Berachain seeks a non-exclusive license to integrate Morpho Blue into its ecosystem, leveraging its Proof-of-Liquidity mechanism to enhance lending capabilities while compensating Morpho DAO with USDC and BERA tokens. Vote: **Proceed with license** Rationale: We support this proposal as it enables Morpho to secure a low 7-figure fee, even though the exact amount is undisclosed. Additionally, it does not place an excessive burden on the contributors’ resources. ### [MIP 84 - Optimizers Deprecation Phase 3](https://snapshot.box/#/s:morpho.eth/proposal/0x99c37d3c21017746c06336f765da974b7dec3ed1d9707c595717097b6454e0e0) (Snapshot) Summary: The Morpho Association proposes fully pausing new supply and borrow activities on Aave v2 and v3 optimizers by December 20, 2024, as part of their deprecation strategy, ensuring notice to users. Vote: **Accept proposal** Rationale: We recognize the clear risks of relying on external protocols that are not immutable for the Optimizer. While the current TVL is approximately $500M, we believe this decision is essential to safeguard the growth of Morpho Blue and maintain the Morpho brand accordingly. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [January 8, 2025, 10:32am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/3 "2025-01-08T10:32:36Z")
### [MIP 85 - Whitelist Aerodrome in Aera Vault Strategy](https://vote.morpho.org/#/proposal/0x09fee210a68f808a30722957428feefc5c3ef452c3d4253a4c757aedb9607102) (Snapshot) Summary: By whitelisting Aerodrome, this proposal seeks to enhance liquidity efficiency and capitalize on AERO rewards while adjusting allocations dynamically. Vote: **For** Rationale: Supporting the liquidity of the MORPHO token contributes to the stable growth of the project. Combined with Uni v3, which is already whitelisted on Base, we expect this to improve the overall liquidity of the MORPHO token across Base. ### [MIP 86 - MORPHO Reward Rate Changes](https://vote.morpho.org/#/proposal/0x9dfb55d17589ce70abff847200a84fa255c4c71d4068a3a25f9b21d08518c892) (Snapshot) Summary: The proposal seeks to reduce MORPHO reward rates on ETH and BTC-denominated assets to optimize DAO expenditure while maintaining competitive incentives across all assets. Vote: **For** Rationale: The proposed changes appear to maintain a sufficiently competitive yield compared to key competitors, ensuring user attraction while optimizing costs. With more detailed data expected early next year, we look forward to contributing to future discussions on incentive design that are grounded in robust data analysis. ### [MIP 86 Amendment](https://snapshot.box/#/s:morpho.eth/proposal/0xf3f9116951a40538a2c92ca26a9b938d5da9c1b1aa29082b05e2acfaa657a370) (Snapshot) Summary: [MIP-86](https://snapshot.box/#/s:morpho.eth/proposal/0x9dfb55d17589ce70abff847200a84fa255c4c71d4068a3a25f9b21d08518c892) adjusted the reward multiplier, setting a 2/3 multiplier for ETH assets and 1/6 for BTC assets without specifying a timeline. This amendment proposal responds to those concerns by introducing a three-phase, six-week implementation period, easing the transition and reducing potential market disruptions. Vote: **For** Rationale: We believe a sudden, one-shot reward reduction could unexpectedly trigger a steep TVL decline, so a phased approach lets us monitor and respond quickly if TVL decreases beyond expectations. While the estimated $600k cost for this multi-stage method based on [our calculation](https://docs.google.com/spreadsheets/d/1y1sZR3FcX5ZtEjtBA3jK7BY10GLGsqZb1NfKqVMSiFU/edit?usp=sharing) is a concern, we view it as a reasonable trade-off compared to the risk of losing a significant portion of our accumulated TVL at once. ### [MIP 87 - Crosschain Deployments Framework](https://snapshot.box/#/s:morpho.eth/proposal/0xb1fc701088acc723a553f1f87558af08ea4b537ba29f26c56808306327dd657e) (Snapshot) Summary: This proposal outlines a framework for the Morpho Protocol’s crosschain deployment, enabling its codebase to extend to multiple blockchains without initial frontend or incentive support. Independent contributors are encouraged to build on these deployments, fostering decentralized innovation. Vote: **For** Rationale: This allows the core team to focus solely on the deployment of the core protocol, significantly reducing their workload related to crosschain deployments. Additionally, by encouraging external developers to create independent frontends on specific chains, the framework fosters flexible user experiences and facilitates the addition of unique features tailored to individual ecosystems. ### [MIP 88 - Oku Crosschain Deployment Support](https://vote.morpho.org/#/proposal/0x91649533e37b9687215fa15d5b732d4cf57875f271160576eee1d77e1074c898) (Snapshot) Summary: GFX Labs requests $400,000 for interface development, maintenance, and continuous updates to meet the growing demand. Vote: **For** Rationale: It allows Morpho’s core team to focus on protocol deployment while Oku provides a valuable initiative on the frontend. Although $400k is a significant amount, we believe it will be justified through user onboarding and incentive programs to be realized that attract users on L2 and alt-L1 ecosystems. For future proposals of this nature, whether submitted by @GFXlabs or other contributors, it would be beneficial to design a compensation scheme that aligns the incentives of the proposer with those of the Morpho DAO as @Leuts suggested. Ideally, the compensation for contributors like @GFXlabs should be more directly tied to measurable performance outcomes, such as the growth in TVL driven by the Oku frontend initiative. > [@MIP 88 - Oku Crosschain Deployment Support](https://forum.morpho.org/t/mip-88-oku-crosschain-deployment-support/1210/6): > > In short, the only major adjustment i’d like to see in the proposal is one where the compensation is primarily structured on achieving goals (TVL?), beyond the $100k/$100mil bonus structure. > > If it was more results orientated I would vote yes. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [January 23, 2025, 3:57am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/4 "2025-01-23T03:57:52Z")
### [MIP 89 - Morpho Olympics v1.1](https://snapshot.box/#/s:morpho.eth/proposal/0xf319d72d572fe1397b9d5e9df281678b05e18a848a1e29d463e4a93a646eef19) (Snapshot) Summary: This proposal refines the Morpho Olympics, an incentive system for vault curators, by shifting the minimum deposit requirement from a fixed benchmark to a ratio of the total assets in the protocol. It further specifies Base and Ethereum mainnet as the sole chains considered for the reward. Vote: **For** Rationale: We believe curators are a key factor in Morpho’s competitiveness and must be appropriately incentivized, so we support the proposal’s move to exclude those who fail to meet a relative threshold that reflects Morpho’s growth. We also believe that both the minimum threshold and the overall reward mechanism, including the amount of incentives, should be regularly evaluated and optimized over the long term. ### [MIP 90 - Spark USDC Deposit Rewards](https://snapshot.box/#/s:morpho.eth/proposal/0x2b1919fac32c16c146de220ee515dadf97b03da6df04f5e8f92f00afd5637006) (Snapshot) Summary: This proposes authorizing Spark’s deposits of USDC in the Coinbase-supported markets for 50% of the MORPHO reward rate, not exceeding $100M in total. The aim is to secure adequate liquidity as borrowing rise. Vote: **For** Rationale: First, this integration itself is a significant initiative to enhance DeFi accessibility, and it makes sense to increase incentives to boost deposits in preparation for rising borrowing demand. Since increased borrowing demand can also lead to greater deposit demand, setting the incentive at 50% of the usual rate seems reasonable. ### [MIP 91 - Update Multisig Signers](https://snapshot.box/#/s:morpho.eth/proposal/0x61ce2d1ced1dbd9afbb6904214a466da44e5a72ca9ab75e4d936f7574846da1b) (Snapshot) Summary: The Morpho Association proposes to remove Vincent Danos and Pierre Laurent as multisig signers, replacing them with newly appointed advisors Guillaume Nervo and Pablo Veyrat. Their DeFi expertise will enhance security and oversight as the DAO transitions to a multi-network onchain governance model. Vote: **For** Rationale: We believe that both Pablo and Guillaume have ample experience and expertise through their work on DeFi projects like [Angle](https://www.angle.money/) and [Merkl](https://merkl.angle.money/), making them well-qualified to serve as multisig signers. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [February 3, 2025, 8:08am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/5 "2025-02-03T08:08:53Z")
### [MORPHO Reward Rate Reduction](https://snapshot.org/#/s:morpho.eth/proposal/0xaeee579a48a9d504202016bc871065f184d113444ad1947c13e5ed54455315e1) (Snapshot) Summary: This proposes to immediately cut MORPHO incentive rates by 30% across Ethereum and Base, while consolidating all non-USD/ETH/BTC assets to the BTC reward rate. The rationale is that the market remains robust despite earlier emissions decreases, indicating additional cuts—especially to ETH and BTC rates—can be applied without detrimental effects. Vote: **For** Rationale: Morpho’s current TVL growth rate has been outpacing that of other major protocols, even after some reward reduction. We believe that lowering costs at this stage will not hinder Morpho’s overall trajectory and will free resources for future investment. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [February 24, 2025, 10:42am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/6 "2025-02-24T10:42:55Z")
### MIP 93 - Grants Pilot Program Selection (Snapshot) [Part1](https://snapshot.box/#/s:morpho.eth/proposal/0x41dd39f3d60ba0d892b92d2a113a1f774e38d0064d8c404b27a62b6bbe4c332f), [Part2](https://snapshot.box/#/s:morpho.eth/proposal/0x6f9fa796c450f57f7845983864ab36b72fdd41d8ae614481b6ba407c7cb6bde0),[Part3](https://snapshot.box/#/s:morpho.eth/proposal/0xa71296291c06925034a720047b3c8e827f9fb2fa843b4b7a3452dc48c2bd3cba) Summary: The proposal is to allocate up to 200k MORPHO to various grant applications by ranking them according to the number of votes they receive. Because there are more grant applications than Snapshot allows in a single vote, the MIP is split into two proposals so delegates can select their preferred grants across both. Vote: We voted for the applications below - Bleu Builders (Hook) 25k MORPHO - Stake DAO 25k MORPHO - Twyne 50k MORPHO - Ojo 5k MORPHO - Tenor 35k MORPHO - Unicord 15k MORPHO Rationale: - [Bleu Builders (Hook) 25k MORPHO](https://forum.morpho.org/t/mip-93-call-for-grants/1177/9): - Morpho CoW Hooks by bleu builders integrates custom pre- and post-swap actions into CoW Swap, streamlining Morpho position management into single-transaction operations. - With CoW’s high trading volume, deposits can flow into Morpho in just one transaction, which greatly reduces the onboarding hassle. - While users might still have to revisit Morpho later to check/manage their positions, the reduction in onboarding friction alone offers clear substantial value. - We also trust the team given their proven track record with multiple CoW projects and appreciate their clear milestones and metrics. - [Stake DAO 25k MORPHO](https://forum.morpho.org/t/mip-93-call-for-grants/1177/19): - Stake DAO’s proposal introduces a Morpho-specific wrapper for OnlyBoost V2 that lets users use their Curve LP tokens as collateral while still earning optimized CRV rewards and extra incentives. - It addresses a critical issue in the DeFi space. Although there are many reasons why LP tokens haven’t been widely used in lending, this solution moves us in the right direction. - The proposal offers a strong value proposition by allowing LP tokens to earn yield while also serving as collateral for borrowing other assets. - We trust the team, given their proven experience with the Curve and Convex ecosystems. - [Twyne 50k MORPHO](https://forum.morpho.org/t/mip-93-call-for-grants/1177/27): - Twyne’s solution optimizes the use of collateral on Morpho, ensuring that credit is effectively directed to maximize liquidity and performance. - Capital efficiency is a critical issue in DeFi, including within Morpho, and Twyne’s unique approach to enhancing it is very promising. - If, in the future, risk curators are allowed to permissionlessly deploy credit vaults, it would fundamentally enhance Morpho’s performance. - The advantages for users are clear and highly valuable, and the team’s background is robust, which adds credibility to the project. - [Ojo 5k MORPHO](https://forum.morpho.org/t/mip-93-call-for-grants/1177/22): - This introduces a dual-feed Smart Oracle that enhances price security for derivative assets on Morpho by combining market and discount rate data. - The Principal Token market, which this proposal tackles, has the potential to expand, and in such a scenario, a mechanism like this would become even more essential. - They have proven expertise, demonstrated by successful deployments across multiple chains and robust contributions to the DeFi ecosystem. - [Unicord 15k MORPHO](https://forum.morpho.org/t/mip-93-call-for-grants/1177/20): - Unicord is a protocol that maximizes liquidity provider yields by integrating permissionless Uniswap V4 hooks with Morpho’s lending protocol. - This mechanism significantly boosts LP returns by capturing both trading fees and interest rate payments. - We believe they have the quality to deliver this with the backgrounds such as building Hedgehog vault for Uniswap V3 and winning multiple hackathons. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [February 24, 2025, 11:10am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/7 "2025-02-24T11:10:59Z")
### [MIP 94 - Berachain License Fee Usage Clarification](https://snapshot.box/#/s:morpho.eth/proposal/0x0a3bbf40c52f7f1079cd9e0a34ebbbde9848c5a9504e0020a47040f98830c0b4) (Snapshot) Summary: This proposal requests that the DAO approve directing Berachain’s license fees to the Morpho Association, a nonprofit supporting Morpho, instead of the DAO treasury. This avoids tax complications and ensures the funds contribute directly to protocol development. Vote: **For** Rationale: We previously supported Berachain’s use of the Morpho license in [the prior proposal](https://snapshot.box/#/s:morpho.eth/proposal/0x6429f932466a231329ae9d9f652160d86431b96c82c66dc7911688b521088952). While it is not ideal for the Association to receive the funds instead of the DAO, we view it as a practical approach to avoid potential tax issues. Considering the Association’s track record so far, we do not see this as a major concern. ### [MIP 95 - MORPHO Reward Rate Reduction 3](https://snapshot.box/#/s:morpho.eth/proposal/0x2ac9a515d1455be03508d81ba2e8fb2391e1ec2a9eacf1286d64dc94909adbee) (Snapshot) Summary: This proposal suggests reducing the MORPHO reward rate on both Ethereum and Base by 25% to maintain competitive yields and sustainable incentives. It marks the third successive reduction since December, aiming to gradually phase out rewards in response to market conditions. Vote: **For** Rationale: We support this proposal because it makes sense to reduce excessive incentives and reallocate funds toward more strategic investments. While Morpho’s growth has calmed somewhat under current market conditions, that slowdown isn’t a major concern given the broader stagnation in the lending sector. Now that rewards have moved closer to a proper level, a more careful, incremental approach will be needed to maintain healthy, long-term growth. ### [MIP 96 - Frontend for Compound \<\> Morpho \<\> Polygon Collaboration](https://snapshot.box/#/s:morpho.eth/proposal/0x0374c5c4758eb9ab67cdc52b7c4257ed9dad5e1c7024f61ff5bc8bff7dffc9bd) (Snapshot) Summary: This proposal requests $52,000 in MORPHO tokens to build an open-source frontend for a Compound x Morpho integration on Polygon. By leveraging partial funding from Morpho alongside Polygon and Compound incentives, it aims to boost lending markets and drive new liquidity. Vote: **Approve** Rationale: While the potential competitive relationship between Compound and Morpho was noted in the original proposal, we don’t see it as a problem. Or at least, Morpho receives a clear growth benefit from this collaboration. Morpho’s share of the funding seems reasonable as well, considering the benefit Morpho will have and what Compound and Polygon will be investing to this collaboration. Above all, having an open-source frontend is a major advantage, as it will make it easier for curators and others to build their own UIs in the future. > [@MIP 96 - Frontend for Compound \<\> Morpho \<\> Polygon Collaboration](https://forum.morpho.org/t/mip-96-frontend-for-compound-morpho-polygon-collaboration/1515/2): > > Since this frontend is focused on a single curator and a limited number of markets, it is a natural fit for other curators who want to run their own frontends for their Morpho vaults, or for other lending markets that want to tap into the Morpho stack and incentivize only their own vaults. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [March 6, 2025, 5:49am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/8 "2025-03-06T05:49:50Z")
### [MIP 97 - Optimistic Rewards Rate Adjustment Framework](https://snapshot.box/#/s:morpho.eth/proposal/0x35bab79a83edee0ae92318c703934fdff610c41197d0370a2bc9b2bf3853a6c9) (Snapshot) Summary: This proposal introduces an optimistic governance framework allowing the Morpho Association to adjust MORPHO token reward rates within predefined limits to streamline operational efficiency, reducing governance overhead. Vote: **For** Rationale: We support this proposal because granting the Morpho Association the authority to adjust reward rates makes sense operationally. That said, we also believe it’s essential to clearly establish mechanisms ensuring accountability and transparency. In particular, we advocate for providing explicit veto rights to token holders as a robust governance safeguard, [Lido’s Easy Track governance model](https://docs.lido.fi/guides/easy-track-guide/) for instance. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [March 31, 2025, 9:23am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/9 "2025-03-31T09:23:05Z")
### [MIP 98 - Telegram Mini App Frontend for the Morpho Protocol](https://snapshot.box/#/s:morpho.eth/proposal/0xaacaa85ef2f534aac847856727ec641d3c4ea440d2bd995a0c4e59267166626d) (Snapshot) Summary: This proposal requests $50k in MORPHO for a Telegram Mini App (TMA) frontend for the Morpho Protocol within the TON ecosystem to enhance accessibility. Integrating Morpho’s functions into Telegram aims for a user-friendly Hybrid App, enabling easy interaction. Vote: **For** Rationale: The opportunity to tap into the TON ecosystem through a Telegram Mini App offers significant potential for reaching a large retail user base, and we assess the requested funding as appropriate for the scope of work. The potential for increased user adoption through Telegram’s extensive reach is indeed a key factor in our support for this proposal. ### [MIP 99 - Phase 2: Frontend for Compound \<\> Morpho \<\> Polygon Collaboration](https://snapshot.box/#/s:morpho.eth/proposal/0x0490f19d8b4d263758dd11c2f21a8be3d136844c0581a62df4a5ce8b5f6a7de2) (Snapshot) Summary: The proposal is to enhance the Compound–Morpho synergy on Polygon by developing a user-centric interface for leveraged strategies and streamlined liquidity movement from Aave. Vote: **For** Rationale: Extending the collaboration with simplified leveraged positions and a liquidity migrator from Aave seems highly beneficial. Although we have reservations about the potential impact compared to the [$340M TVL](https://app.aave.com/markets/d) on Aave’s Polygon market (which constitutes 37.9% of Polygon’s [$896M TVL](https://defillama.com/chain/Polygon)) and Morpho’s [$4.8B](https://defillama.com/protocol/morpho-blue) overall, a $60k allocation is reasonable in light of expected leverage-driven gains. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [April 24, 2025, 6:32am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/10 "2025-04-24T06:32:35Z")
### [MIP 100 - Approve Review of 2024 Contributor Grants](https://snapshot.box/#/s:morpho.eth/proposal/0x3f194a24787634a92bdcfe4f138e38dfe2e608448dd60a1268ffc5b0e1621535) (Snapshot) Summary: The proposal is the final check on the 2024 grant cycle, confirming that roughly 13 % of the reserve, about 5.8 M MORPHO, has been distributed to support work such as Morpho Blue and Vaults launches. Approximately 68.6 M tokens remain in the pool, and the proposal requests no additional treasury outflow. Vote: **For** Rationale: This proposal represents a measured increase in contributor incentives that aligns with Morpho’s accelerated development pace. The payout appears proportional to current needs, and we see no credible downside; sustaining these rewards should keep the team focused on advancing Morpho as a core DeFi primitive. ### [MIP 101 - Plume - Morpho Coincentives](https://snapshot.box/#/s:morpho.eth/proposal/0x2c14dd45e22b2c85f825b50facb9a494103add2ffa58fbcf9ca8699e524ec567) (Snapshot) Summary: This proposal seeks approval for an eight‑month, $500k MORPHO incentive that would complement Plume’s pre‑funded $1.5M program after loan activity crosses the $250M and $150M thresholds. Vote: **For** Rationale: This proposal releases additional MORPHO only after the Plume market demonstrates sustained loan growth, so treasury spending is gated by clear performance and the downside is minimal. Pairing Plume’s RWA‑centric user base with Morpho’s permissionless markets should expand collateral diversity and deepen liquidity, giving the DAO measurable exposure to the fastest‑growing RWA venue. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [May 9, 2025, 5:19am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/11 "2025-05-09T05:19:07Z")
### [MIP 102 - Rewards Update Proposal](https://snapshot.box/#/s:morpho.eth/proposal/0xfa08edd7f8f601ed9e6a77437fcafaa4c5fec5fc5a4bea72ef80089fcd5bac2b) (Snapshot) Summary: This proposal sets the reward rate to zero for every market outside USDC, USDT and WETH, freeing $1.5M per year to be redistributed to those core pools while lifting r0 by 20 %. The Morpho Association notes that these assets represent over 85 % of incentivized loans and most of the platform’s $6.5B peak deposits, so tighter focus should generate more active lending per token spent. Vote: **For** Rationale: Although Morpho’s broad coverage of long-tail assets is an important differentiator, establishing an unassailable position in the highest-demand markets is the necessary step for expanding influence across the protocol. We believe this focus will maximize incentive efficiency to strengthen Morpho’s standing in the lending landscape. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [June 2, 2025, 4:26am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/12 "2025-06-02T04:26:30Z")
### [MIP 103 - Incentives Distribution on Unichain](https://snapshot.box/#/s:morpho.eth/proposal/0x844c1244b3264c6a4c00e642aa00ff0ab1b2018d82df116c1a155e0f867920bf) (Snapshot) Summary: This proposal authorizes distributing approximately $500k in combined incentives ($175k MORPHO, $75k OP, and $250k USDC) on Unichain over three months. The incentive focuses primarily on ETH lenders (60%) to leverage Unichain’s strategic advantages in LST/LRT liquidity growth. Vote: **For** Rationale: This proposal strategically positions Morpho to benefit early from Uniswap v4’s innovative protocol design and the promising capabilities of Unichain, notably its Rollup-Boost architecture, high transaction throughput, and strong MEV resistance. Given Uniswap’s proven brand strength, solid financial backing, and robust technical foundation, aligning incentives on Unichain significantly enhances Morpho’s competitive positioning within a potentially major DeFi ecosystem. By securing our presence at this early stage, we expect long-term strategic advantages and increased exposure to growth opportunities. ### [MIP 104 - Spark USDC Deposit Rewards 2](https://snapshot.box/#/s:morpho.eth/proposal/0x62e7dc9f4ed3d3608f09327dad075ea6264f16724af11138fb3f54a3cfd90c5f) (Snapshot) Summary: The proposal recommends extending MORPHO incentives at 25% of the standard rate for Spark’s USDC deposits from $100M to $500M to accommodate Coinbase borrow scaling, maintaining stable rates and liquidity with a defined 6-month timeframe. Vote: **For** Rationale: This proposal merits approval due to its targeted approach in incentivizing Spark’s USDC deposits in Coinbase-integrated markets amid rapidly growing borrow demand. The strategic reduction from 50% to 25% for larger deposit volumes reflects careful management of Morpho’s rewards budget, limiting potential distortion of market-wide liquidity. Additionally, the explicit 6-month term ensures transparency and timely review. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [June 13, 2025, 2:47am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/13 "2025-06-13T02:47:17Z")
### [MIP 105 - Katana Coincentives](https://snapshot.box/#/s:morpho.eth/proposal/0x2b64bf52dc31b91b1f78ec56c59402c594dbe0cadd51297889e5192031e0d49b) (Snapshot) Summary: This proposal establishes a coincentives agreement where Katana Network deposits bridged assets into Morpho’s Ethereum protocol to generate yield, with 22% of the yield plus 2.2% of Katana’s token supply incentivizing growth on both networks; Morpho contributes 5M MORPHO tokens as matched incentives. Vote: **For** Rationale: This proposal leverages the strategic value of Katana Network, which we believe holds significant potential as an emerging DeFi platform. By structuring mutual incentives, Morpho can effectively attract liquidity and expand use cases without substantial risks or concerns identified. We see this coincentives arrangement as a prudent, collaborative effort that strengthens Morpho’s position within the broader DeFi ecosystem while aligning closely with long-term growth objectives. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [June 17, 2025, 6:43am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/14 "2025-06-17T06:43:36Z")
### [MIP 106 - Lemon Integration Grant](https://snapshot.box/#/s:morpho.eth/proposal/0xd25adf85975c980bd1b3a38e88d3ad2ab16b5a12876f9ef9745fea4270e7b3a0) (Snapshot) Summary: This proposal grants Lemon a $20,000 MORPHO token payment for integrating Morpho vaults into Lemon Earn, then releases another $20,000 when user deposits average $14 M over seven days and $25,000, vesting linearly for one year, when deposits hit $25 M over thirty days. It targets Lemon’s 4 M-user base and caps incentives at roughly 0.3 % of total deposits, aiming for sticky, off-chain liquidity at low cost. Vote: **For** Rationale: This proposal ties a modest $65k budget to clear deposit milestones, ensuring we spend only when real liquidity materializes. Leveraging Lemon’s 4 M-user base positions Morpho strongly in a rapidly growing Latin American market while avoiding the high burn of on-chain incentive programs. The milestone structure, with partial vesting, safeguards the treasury against temporary spikes and aligns Lemon with long-term vault growth. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [June 24, 2025, 1:34pm UTC](https://forum.morpho.org/t/tane-delegate-platform/882/15 "2025-06-24T13:34:03Z")
### [MIP 107 - Unichain Rewards Adjustment](https://snapshot.box/#/s:morpho.eth/proposal/0xd27b70f3af99fedf3e92cca731b38d756efd74e4e80400536d994789d5613677) (Snapshot) Summary: This proposal seeks to optimize the current Unichain rewards program by discontinuing rewards from the weETH/USDT0, weETH/USDC, UNI/USDT0, and UNI/USDC markets due to low borrowing demand, reallocating these rewards proportionally based on liquidity across remaining markets. Vote: **For** Rationale: This adjustment tightens incentive cost control by steering rewards exclusively toward pools that convert them into borrowing, lifting efficiency without extra spend. ### [MIP 108 – Morpho Olympics v1.2](https://snapshot.box/#/s:morpho.eth/proposal/0x946d7fd37837b655e61253317a51bf10f8bc2afce4066e5cdf0ead1d1b6150f2) (Snapshot) Summary: This proposal widens the Morpho Olympics evaluation window to the full 3-month quarter and replaces the first-day 1 % threshold with a 1 % average share requirement. It also sets a 60 % average utilization floor so idle vaults no longer earn rewards. Vote: **For** Rationale: This adjustment replaces snapshot-style metrics with criteria that track sustained utilization, directing rewards toward curators who actively grow the ecosystem. The sharper alignment between effort and impact makes the incentive program both fair and strategically sound. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [July 10, 2025, 5:14am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/16 "2025-07-10T05:14:38Z")
### [MIP 109 - Optimistic Rewards v1.1](https://snapshot.box/#/s:morpho.eth/proposal/0xee92a917199e45320c5f3fce19a6332c17c0e30e28ed6f3cfaca811c971d5d6e) (Snapshot) Summary: The proposal introduces amendments to the optimistic rewards framework, aiming to enhance flexibility by allowing immediate reductions on assets with low demand and enabling faster onboarding for new chains, eliminating the previous +50% per-asset increase restriction. Vote: **FOR** Rationale: This proposal provides immediate downward flexibility, ensuring rewards are not wasted on low demand markets and preserving the DAO’s treasury. Eliminating the former 50 % per‑asset increase constraint simplifies governance workflow and reduces operational friction. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [July 23, 2025, 7:24am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/17 "2025-07-23T07:24:50Z")
### [MIP 110 : Guardians v2 Funding Request for Work](https://snapshot.box/#/s:morpho.eth/proposal/0xc88ab4647da2c153080f6082a002a5a950cdb2b43503e7d6f37d080570e231dd) (Snapshot) Summary: This proposal requests funding for the development of trustless guardians on Morpho Vaults V2, aimed at enhancing user experience and security. The plan includes the implementation of a LockToVote plugin and a notification system to improve governance and access control for LP token holders. The total requested budget is $78,000 in $MORPHO tokens. Vote: **FOR** Rationale: We support this proposal as it adds Aragon as a valuable vault governance option. The reference to Lido’s dual governance solving principal-agent problems is particularly important. Like Lido, Morpho has different stakeholder groups, such as token holders, curators, and vault users, who have distinct interests. We believe such mechanisms are necessary to ensure proper alignment and give depositors more control over their funds while maintaining DeFi participation flexibility. ### [MIP 111 - Switch MORPHO Rewards Stack to Merkl](https://snapshot.box/#/s:morpho.eth/proposal/0xadf3862d97cf4e8bb84a4b3d5117abe1a9db774e92ad97c65bde22214c0b76c9) (Snapshot) Summary: Morpho Association proposes migrating from their current rewards infrastructure to Merkl, enabling 8-hour claiming cycles instead of weekly ones and supporting multi-chain expansion. The first month campaign will be with 624,000 MORPHO tokens allocated across Ethereum and Base. Vote: **FOR** Rationale: Merkl has established itself as the industry standard for reward distribution, being widely adopted by major DeFi protocols across the ecosystem. We don’t see any significant concerns with this implementation, and the benefits of improved claiming frequency, multi-chain support, and resource optimization clearly outweigh any potential transition costs. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [July 28, 2025, 2:05pm UTC](https://forum.morpho.org/t/tane-delegate-platform/882/18 "2025-07-28T14:05:31Z")
### [MIP 112 - OP Grant Allocation for USDC Growth on Base](https://snapshot.box/#/s:morpho.eth/proposal/0xc19ca9f90764dd39e7ab57a3fe7241d8ea339c2e236617dbf2229a25d0e267ee) (Snapshot) Summary: This proposal allocates 200,000 OP tokens to incentivize USDC growth on Base, targeting an additional $5M TVL increase to unlock the next phase of a 500,000 OP grant from Optimism Council. Vote: **FOR** Rationale: This proposal appropriately targets the allocation of granted funds toward liquidity incentives, which is clearly aligned with the intention behind the Optimism grant. USDC has historically proven essential for incentivization strategies, making the focus on this asset both logical and beneficial for Morpho’s growth on Base. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [August 10, 2025, 4:06am UTC](https://forum.morpho.org/t/tane-delegate-platform/882/19 "2025-08-10T04:06:31Z")
### [MIP 114 - Incentives Distribution on Arbitrum](https://snapshot.box/#/s:morpho.eth/proposal/0x25b9a39372db49d7872e19ea2e354a30d2670748fcfff85caeaf84b0df99b5ab) (Snapshot) Summary: The proposal seeks authorization to distribute up to 135,000 MORPHO (~$250k) as incentives on Arbitrum, with a flexible rewards strategy in the first four weeks before reverting to the Optimistic Rewards Framework, focusing primarily on USDC to maximize efficiency. Vote: **FOR** Rationale: This proposal offers a well-targeted approach to accelerating Morpho’s footprint on Arbitrum, which has shown strong momentum with RWA issuers and institutional adoption such as Robinhood. The four-week flexibility window is a sensible mechanism to adapt to uncertain early market demand while still ensuring governance oversight thereafter. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.morpho.org/tane/32/362_2.png) [@Tane](https://forum.morpho.org/u/Tane)\ **Post date:** [August 20, 2025, 12:55pm UTC](https://forum.morpho.org/t/tane-delegate-platform/882/20 "2025-08-20T12:55:38Z")
### [MIP 115 - Spark USDC Deposit Rewards 3](https://snapshot.box/#/s:morpho.eth/proposal/0x5f6edc0f0a256995c17d7794d1e35505cd70f9c2312285aadc52c37195bf9106) (Snapshot) Summary: This proposal authorizes 50% of the standard MORPHO reward rate for Spark USDC deposits, capped at $1B, to support Coinbase borrow integration. It aims to stabilize lending rates and grow liquidity as Coinbase borrowing already exceeds $500M. Vote: **FOR** Rationale: The proposal benefits Morpho by ensuring that the rapid expansion of Coinbase borrowing demand does not destabilize lending rates, which could otherwise deter both borrowers and depositors. [Next page](https://forum.morpho.org/t/tane-delegate-platform/882.md?page=2)