FAQs

Morpheus is a decentralized network that rewards participants for contributing resources to enable the development and deployment of AI-powered dApps and web3-enabled personal AI agents (smart agents).

A smart agent is a term to describe a general purpose AI that can execute smart contracts on behalf of a user using LLM transformer language that converts human language into actionable code for Web3 interactions using intent based abstractions.

Think of Morpheus as the base layer 0 for the agents to be able to interact across Web3 in a Decentralized fashion. Like what Google search was to the internet in the 90s it allows an aggregation of and accessible to all the Web3 on-chain activity through a Smart Agent controlled by the user that is familiar with them. This in turn should reduce the friction for all users, crypto native and retail, when interacting in the space where everything is currently siloed with a large barrier to entry. While there is no chain for Morpheus itself for people to build dapps on (Yet) it will allow users freedom of accessibility in the space that hasn't been possible before.

There are no founders. The anonymous authors who called themselves Morpheus, Trinity, and Neo published the paper on September 2nd, 2023, marking the beginning of Morpheus.

There is no formal team, company or foundation. Morpheus is fully decentralized and driven by a community of open source contributors.

Neither of these. Morpheus is not a blockchain, but rather a chain agnostic set of smart contracts and decentralized software.

At the moment, there are no such plans, but it's not ruled out in the future.

Ethereum security and capital wise. Pool of stETH was found to be greatest on Arbitrum as well as cheap transaction costs which is vital for using MOR to pay for inference of AI models. Morpheus is chain agnostic by design, there will be more chains and assets integrated later.

There are User and Contributor paths available in four categories:

1. Capital Provider

2. Code Provider

3. Compute Provider

4. Frontends builderYou can find detailed information in this guide

You don't need anyone's permission to talk about Morpheus or add value as a Contributor. It's all built publicly.

Yes, all Morpheus’ contracts undergo three tier audit process:

1. internal testing

2. specialized cybersecurity company

3. bug bounty

More information here

This FAQ is the best start and Morpheus Whitepaper next. Join our Discord for community support.

MOR is the underlying token of the Morpheus network.

The main utility of the MOR token is rewarding ecosystem contributors (code, capital, compute, community), and access to the network compute resources for holders.

You will also be able to stake MOR towards frontends and smart agents you like, thereby directing community emissions to them and be rewarded in their native tokens.

Additionally, MOR will be the main asset for AI projects launched in the Morpheus ecosystem, like ETH for Ethereum. Finally, all settlements between parties are also in MOR.

You can buy MOR on the Uniswap exchange on the Arbitrum chain after May 8th. 

The emissions curve starts at 14,400 MOR per day and decreases by 2.468994701 MOR each day until the reward reaches 0 on day 5,833 (~16 years)

1. 3,456 MOR per day for Capital Providers

2. 3,456 MOR per day for Code Providers

3. 3,456 MOR per day for Compute Providers

4. 3,456 MOR per day for Community Providers

5. 576 MOR per day for Protection Fund

By becoming a contributor in one of four categories

1. Capital provider

2. Code provider

3. Community app (interfaces and tools) builder

4. Compute provider
   

Phase 1: Code & Capital (live)

Phase 2: Compute (May/June)

Phase 3: Community (July/August)

Phase 4: Adding More Chains / Yield Types

It will be Uniswap on Arbitrum chain with wETH/MOR pair.

MOR tokens by day 90 dedicated to the Protection Fund and leveraged for bootstrapping purpose will be paired with yield generated from deposited stETH and put into AMM liquidity pool. Step by step process explained here.

Protocol Owned Liquidity refers to the yield generated from stETH contributions that remains within the Morpheus protocol. This yield increases and enhancing the liquidity depth of the MOR token over time. It's important to note that this liquidity is owned and managed by the Morpheus protocol itself rather than individual users.

MOR20 is a smart contract standard the MOR token is utilizing for its fair launch, which projects can utilize for their fair launches. Please visit the MOR20 page for more information.

This period will ensure enough MOR tokens are ready for circulation to fulfill the utility functions of the network, thus avoiding extreme token scarcity and extreme market volatility.

90 days, starting from when the Capital and Code Providers contract begins calculating rewards (8th of February) until those MOR tokens are claimable/sendable by users (8th of May).

Yes. You can withdraw stETH, but after 7 days initial lockup.

Please note: If you deposit additional stETH the 7 day withdraw clock is restarted for all your stETH from that address.

It is not locked. You are free to withdraw any time after 7 days.

This measure was introduced in order to avoid people gaming the yield timing as protocol in fact rewards in advance from the moment you deposit, when yield is generated once a day.

MOR token will be only claimable after the bootstrapping period on the 90th Day (~ May 8th)

An onboarding process is described in the Coder Guide

There are Code Contributor Best Practices on GitHub.

The Accelerator Corner is your go to ⁠🤖︱smart-agent-devs ⁠🦾︱rag-devs ⁠🎛︱llm-fine-tunes ⁠🖼︱front-end

They get emissions depending on their contributed weights vs the total amount of hours daily.

There is no task list available. Developers build what they want based on their experience and belief in its value for Morpheus. GitHub maintainers act as judges to merge contributors' work. Coders here compete, but there are no guarantees that anyone will use the code until it's released.

stETH is a yield generating token that represents an Ethereum token that is staked in Lido.

stETH can either be minted directly through the Lido or bought on exchanges.

Staking for stETH starts on Feb 8th.

There is no cut off date. Emissions are a built-in feature of the protocol and will continue for at least 16 years of the first epoch.

It’s completely up to you. You can deposit for days, weeks, months or years. While your stETH deposited and contributes yield, it earns you MOR rewards.

The choice is yours, you can keep stETH deposited and continue to receive MOR rewards.

The minimum deposit amount is 0.01 stETH and there is no maximum contribution limit. In other words no Cap on Capital Deposits.

Yes, both the community and a dedicated auditor have reviewed the Smart Contracts, see the reports on GitHub.

There are 4 of 7 multisig managed by community trusted open source contributors. The address is MOR.ETH

It is locked for the first week (7 days) after deposit, and you can withdraw any time after.

Yes, MOR rewards for Capital start at 3,456 MOR per day and decrease from there over the 16-year emissions curve. This will be rebased to the Capital provider according to their contribution and the total TVL.

No, you don’t, but you will not earn rewards any longer as you are not the Capital Provider anymore.

It is a dynamic value that depends on the ratio of your contribution to the total amount of deposited stETH.

You can project your earnings using this website: https://morstats.info/staked_eth/

You can’t calculate APY until MOR has a price.

There are always risks with smart contracts like bugs or vulnerabilities. To ensure a high level of security, the contracts have undergone multiple levels of audits, including community audit, cybersecurity company audit, as well as a public bug bounty campaign. Security reports are publicly available on GitHub. That's also why the Protection Fund 4% of emissions exists.

Currently, Morpheus node is the local LLM, but will be evolving into the Node release by release, for people to be able to provide an inference to a MOR user.

Running a node is not mandatory unless you wish to have your own Smart Agent settled locally. Users will still be able to use Smart Agents without running a node. While running a node isn't strictly required for Capital and Code providers, you will need one to provide Compute and Community apps.

There is no reward for running a local inference at the moment, however, a full node will be rewarded when providing Morpheus Compute and Community functions.

To run the node effectively, ensure your PC meets the minimum requirements of 64GB storage, a GPU with 16GB vRAM, 16GB system RAM, and a CPU with 4 cores. These specifications will help avoid system issues and enable smooth operation, especially when running large language models (LLMs). Follow the installation steps outlined in the readme guide on GitHub for detailed instructions.

Yes, a guide located in the readme on GitHub.

You can not run one at the moment as there is no version of the node that can operate without a GUI yet.

In the future this is likely. This includes VPS inferences.

Currently, there is no way to provide compute as the compute contracts are still under development, however you can still spin up and test the local inference of the node.

Running a node is NOT the same as providing compute, compute provision is still being finalized so hold tight for more information.

None at the moment. However, work with Akash is underway to create a template to make this possible in a decentralized fashion.

Morpheus is agnostic to how Compute Providers provide Inference Per Second. Akash, Bittensor, Ritual, EdgeLlama, whatever you want.

As the compute contracts are not finalized there will be no way to provide compute at this time, however, the compute emissions will still emit into the bucket to which will be used to reward providers once compute provision is possible.

MOR emissions intended for Compute Providers will be stored in the reward distribution contract.