Building on the success of their masternode ecosystem, Morpheus.Network has introduced the addition of a Liquidity Provider Bonus Program. Registration for the pool is now open. Beginning on November 18th, Morpheus.Network will launch a 6-month Liquidity Provider (LP) Bonus Program on Sushiswap. This initiative offers generous rewards for participants who provide liquidity to the MNW-ETH exchange contract, designed to boost platform liquidity and recognize their community’s support.
Program Overview and Rewards
The program allocates 35,000 MNW tokens per month over six months, with an additional 300 MNW bonus for participants who maintain their liquidity throughout the entire program. This structure incentivizes both short-term and long-term participation.
Rewards are based on each participant's share of MNW tokens staked relative to the total pool balance. For example:
Example A: Staking 5,000 MNW in a pool of 500,000 MNW yields 350 MNW tokens for the month, plus fees earned.
Example B: Staking 25,000 MNW in a pool of 1,000,000 MNW results in 875 MNW tokens, plus fees.
Example C: Staking 50,000 MNW in a pool of 500,000 MNW provides 3,500 MNW tokens, plus fees.
These calculations are determined by each participant's contribution to the pool at the start of each cycle, with total pool rewards capped at 1,000,000 MNW tokens.
Eligibility and Participation Requirements
To participate in the bonus program, follow these steps:
Deposit Requirements:
Stake a minimum of 5,000 MNW and an equivalent value in ETH in the MNW-ETH pool on Sushiswap (v2). Click here for the pool.
You will need to confirm the MNW spend approval in your wallet to add liquidity.
Maintain this balance throughout each monthly reward cycle, which begins and ends on the 18th of each month at 00:00 UTC.
Participants who un-stake masternodes early will not be eligible to participate.
200,000 MNW eligibility cap per participant.
KYC Verification:
Sign up on trust.supply, select a username, connect your wallet, and complete the KYC process.
If you have already completed KYC and connected your wallet, proceed to the email step.
Email kyc@morpheus.network from your trust.supply KYC-approved account with your username and connected wallet address.
Agreement to Terms:
Once KYC and details are verified, you'll receive a confirmation email. Reply with the statement, “I understand and accept the MNW Liquidity Provider Bonus Program Terms and Conditions” to confirm participation.
Continuous Eligibility:
Maintain a balance of at least 5,000 MNW (and the required ETH) throughout each monthly cycle to qualify for rewards.
Important Notes
Official Communications: Follow Morpheus.Network’s official Paragraph channel for updates to avoid misinformation.
Market Making Risks:
Providing liquidity involves risks, including potential losses due to price divergence. Review Sushiswap’s documentation to understand these complexities.
Token Authenticity: Ensure you're staking official MNW tokens. The correct contract address is 0xd3E4Ba569045546D09CF021ECC5dFe42b1d7f6E4.
This program offers a valuable opportunity to earn significant bonuses while supporting the growth and stability of the Morpheus.Network ecosystem.
About Morpheus.Network
Morpheus.Network is intensely focused on helping companies and government organizations eliminate inefficiencies and remove barriers to optimize and automate enterprise supply chain operations. Their multi-award winning supply chain middleware platform leverages transformational digital technologies such as ML/AI, IoT and Blockchain and has over 150 integrations with leading companies, including SAP, DHL, Fedex, Cargowise, Dimitra, Telefonica, Marsh, Swift and more! Morpheus.Network helps clients maximize revenue through digitization and process automation, protecting sensitive data, and untangling complex issues with the legacy supply chain system while delivering effective, equitable, and efficient global trade solutions.
“If you fix the supply chain, you fix the world!” - Dan Weinberger CEO & Co-Founder
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