Morpher Price (MPH)

What Is Morpher(MPH)?

Morpher replaces middlemen like brokers, exchanges, and the counterparty of a trade with an incorruptible protocol on the Ethereum blockchain. Morpher introduces an ERC20 Token (MPH) on the Ethereum blockchain that can be staked on the price development of a market, e.g. the Apple stock. If the market develops as predicted, the protocol mints new token proportionally and adds them to the user's stake. If a prediction is incorrect, staked token are burned proportionally. The protocol replicates the economics of trading any market on the blockchain, without actually trading the underlying stock, commodity, or currency.

What Are the Main Features of Morpher(MPH)?

• There are no trading fees.
• There is no minimum capital requirement.
• Every market can be shorted. All markets can be traded 24/7, whether exchanges are open or not.
• Traders enjoy infinite liquidity on all markets, since any amount can be staked on a market without affecting the underlying price.
• Morpher does not depend on a liquid underlying market.
• The Protocol can support any leverage. Fractional trading, stake any amount of token for the perfect portfolio. The key feature of the Protocol is the lack of a counterparty.
• The Morpher Protocol eliminates the need for intermediaries along with the need for a trade counterparty

How Does Morpher(MPH) Works?

• Users interact with the protocol by staking MPH Token on the price development of a market. Every stake is recorded on the blockchain and called a Virtual Future.
• Staked MPH Token get burned when a Virtual Future is created. Upon closing a Virtual Future, MPH Token are minted proportionally to the current value of the Virtual Future, and the Virtual Future is deleted from the blockchain.
• Virtual Futures replicate the economics of trading the Apple stock without trading the underlying. Unlike regular Futures, Virtual Futures do not expire and track the price development of the underlying until the Virtual Future is either closed by the user or gets liquidated. Virtual Futures are always denominated and settled in MPH Token. Just like with regular trading, a user benefits from rising market prices by buying (going long) with their Virtual Future. The reverse is true for falling prices, users that created sell (short) positions benefit.

Who Are the Founders of Morpher(MPH)?

Martin Fröhler, CEO, Martin is a mathematician with over a decade of experience in quantitative finance. Prior to founding Morpher, Martin developed quantitative trading algorithms for commodity futures, managed a quantitative research firm in Zürich, and founded a decentralized quantitative hedge fund in Silicon Valley. Martin co-developed the Morpher Protocol and its tokenomics. At Morpher Martin handles the company's dayto-day operations, investor relations, compliance, and develops Morpher's smart contracts.

Morpher(MPH) Tokenomics (Token Economics)

The supply of MPH Token is not fixed, it changes over time proportionally to the collective investment success/failure of Morpher's users. There are two more influences on the token supply: tokens burned through bid/ask spreads and tokens minted for operator rewards. Economic equilibrium, and thus a fair token price, is reached at the intersection of supply and demand.

Where Can You Buy Morpher(MPH)?

Investing in Morpher can seem complicated, but it is much easier when you buy Morpher through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Morpher — both for fiat money and other cryptocurrencies. Some of the most popular Morpher cryptocurrency exchange are:

• gate.io
• Uniswap （V2）

Please check Morpher(MPH) token address If you want to buy or sell Morpher(MPH) on dex exchange. Beware of scams!
Click here to view Morpher(MPH) price in different crypto exchanges.

Morpher (MPH) Community

• Twitter: https://twitter.com/morpher_io
• Discord: https://discord.gg/CBxuAhPSCj
• Telegram: https://t.me/morpher_io

What is Morpher (MPH) Contracts address?

• Ethereum: 0x6369c3dadfc00054a42ba8b2c09c48131dd4aa38