Welcome to another edition of the Morpheus Digest.
This monthly digest provides you with updates on the incredible progress being made by Morpheus contributors to keep you informed and engaged with the latest developments, ideas, and achievements.
This digest celebrates the collective efforts of the community builders who are driving innovation and fostering a vibrant, decentralized AI future.
Please read the previous Morpheus Digest editions, here and here.
Let's dive in.
MOR token added to major aggregators
The MOR token was added to all major aggregators, ensuring broad visibility and accessibility. This included listings on platforms like CoinGecko, CoinMarketCap, GeckoTerminal, DeFiLlama, and DappRadar.
MOR goes multichain
After the launch on Arhe MOR token has also been deployed to other chains, in addition to the MOR on Arbitrum
MOR on Ethereum https://etherscan.io/token/0xcbb8f1bda10b9696c57e13bc128fe674769dcec0
MOR on Base https://basescan.org/address/0x7431ada8a591c955a994a21710752ef9b882b8e3
Contributors
Engagement in the Morpheus community has been robust, with extensive discussions around MRC 36, which focuses on rewarding long-term committed contributors.
Implementation of MOR rewards staking to gain for all contributor types, as per MRC 42, aims to foster a more committed and engaged contributor base, ensuring the long-term success and sustainability of the Morpheus ecosystem.
Capital
Six protocol-owned liquidity generation events concluded, resulting in the use of 525 stETH for liquidity. A key highlight was the last event utilizing 75% of stETH yield for market MOR buy, reflecting changes implemented through MRC 43.
Furthermore, stETH staking on Morpheus hit an all-time high of 150,403 stETH on May 30th, showcasing strong community participation and trust in the protocol.
The last protocol-owned Liquidity Generation Events used 75% of stETH yield for market MOR buy according to changes implemented with MRC 43.
stETH staking on Morpheus also passed all time high at 150,403 stETH on May 30th.
Code
The adoption of the MOR weight time proposal (MRC 37) was integrated into Snapshot 6. This proposal ensures that when all weight budgets are depleted, new code will be rewarded by reallocating weights from legacy and orphaned code. This approach incentivizes developers who align early with the project without the promise of immediate reward, fostering a healthier open-source environment. Developers will have clarity on how long their contributions will be valued, promoting sustained engagement.
The Smart Agent release 0.0.8
This marked another important step to the future where users are able to interact with their Smart Agent using natural language, similar to how Google's search engine made the internet accessible to the general public.
Current Features:
Fetch price, market cap, and TVL of coins and tokens supported on CoinGecko.
Web interface.
Wallet integrations for MetaMask, Rainbow, Coinbase Wallet, and WalletConnect.
Web3 swap agent (macOS only).
Pending Features:
General-purpose chat with local files agent.
Example queries like balance check, address retrieval, sending ETH, and fetching market data for various tokens.
Compute
The compute testnet started on Arbitrum Sepolia, with the mainnet expected to launch in Q3 2024.
The testnet Morpheus Node wallet and proxy are available in the latest releases in the Lumerin-protocol/Morpheus-Lumerin-Node repository. Anyone can download and experiment with it. While a testnet token faucet is not yet set up, there is an option for developers to deploy their own testnet environments for testing and project iterations.
Compute testnet has started on Arbitrum Sepolia at
testnet Morpheus Node wallet and proxy are in the latest releases in the https://github.com/Lumerin-protocol/Morpheus-Lumerin-Node/releases
Community testnet faucet - https://morfaucet.xyz/
Compute mainnet is set for Q3 2024
MOR20 Smart Contracts Standard Launch
The launch of the MOR20 Smart Contracts Standard was a huge success, facilitating more robust and secure contract interactions within the ecosystem. Furthermore, MOR20 Smart Contracts Standard launch
MOR staking towards projects (MRC22) is at the final stage of discussion with expected start of implementation in July.
Ecosystem
Nounspace MOR20 Fair Launch
The first MOR20 Fair Launch with Nounspace, an open-source Farcaster client inspired by Myspace. The launch was a great success with 2,594.380 stETH deposited.
Community
Community engagement has been stellar, with numerous AMAs and podcasts discussing pivotal topics such as decentralized AI and the post-launch roadmap.
Notable events included the Venice launch space and discussions on why decentralized AI matters. Meetups in Austin during Consensus and DeAI Day were particularly successful, fostering strong community bonds and collaborative opportunities.
AMAs, podcasts:
Videos:
Video of Erik Voorhees, Misha & David Johnston Speaking at Consensus: "Time To Unite The Tribes: Building Truly Open AI Event"
Erik Voorhees' Talk with Lex at Generative Ventures about Venice AI & Morpheus at Decentralized AI Day
"Free AI and Why we're Here" David Johnston at FreeAI Day Puerto Rico
More videos here: https://www.youtube.com/@MorpheusIntern
MEME Discord Battle (check the end of this post for a selection of memes.)
Community website with Morpheus data: https://morlord.com/
Community Website for Morpheus contributor bidding and MRI task awareness in development: https://mor.software/
What's next?
Exciting upcoming events in Europe include the Morpheus Community Gathering in London on July 5th and DeAI Day at ETH CC in Brussels on July 8th. These events will provide more opportunities for the community to connect, share ideas, and celebrate progress.
These last weeks have been a testament to the progress and potential of the Morpheus project. From a successful token launch and vibrant community discussions to significant technical advancements and engaging community events, remarkable milestones have been achieved.
As the journey continues, Morpheus remains committed to decentralized values that drive innovation and foster a strong, engaged open source community.
Stay involved and keep an eye on updates.
MOR Memes
