Morph sets out with a mission to revolutionize consumer blockchain . They want to innovate on existing blockchain solutions for the average consumer . They set out to improve consumer services across social media and messaging ,E-commerce, online gaming ,streaming services ,online education, food delivery and cloud services.
Morph redefines Ethereum scaling experience by merging optimistic rollups and ZK technology with its decentralized sequencer for enhanced blockchain use .
Morph is backed by some Tier-1 crypto VCs like Dragonfly, Pantera capital and Spartan group and raised over $20m from their investors. They have launched their Testnet campaign and you should position by taking the following steps.
I.) Add Morph Testnet to Metamask
- Go to https://chainlist.org/?search=Morph+Holesky&testnets=true
- Click Add to Metamask and approve transactions
II.) Claim Faucet
- Go to : https://discord.com/invite/morphl2
- Go to verify section and use the captcha bot to complete verification
- You will then be able to see the discord-faucet channel
- Enter /faucet (your wallet address)
- Enter “/morph_eth (your MM wallet address)
III.) Bridge from Holesky network to Morph
- Go to https://bridge-holesky.morphl2.io/
- Set network from Holesky to Morph Holesky
- Input Amount
- Bridge and approve your TX
- Bridge might take up to 20mins or more/less to complete.
IV.) Make Swaps and Add Liquidity to Pool
- Go to https://testnet.bulbaswap.io/swap/ and connect wallet
- Set token and Swap ETH to any (Recommend swapping to WETH as well)
- Also go to Pool tab and add liquidity.
V.) Go to NFT Market Place
- Go to : https://testnet.morpha.io
- Buy & sell different NFTs
VI.) Supply and borrow
- Go to https://testnet.abra.finance/dashboard
- Scroll down, click to Supply any tokens
- Input amount, Give allowance & approve Transaction
- Now deposit
- Next, set “Available as collateral” by ticking the box & approve transaction
- Next, go ahead to Borrow any asset (e.g. USDT)
- Input amount & approve tx.
VII.) Participate in Voting
- Go to https://www.morphl2.io/points/genesis_jungle/
- Click Voting power
- Check-in and Vote now
VIII.) Do Galaxe Task
- Go to https://app.galxe.com/quest/Morph/GCPcDtzk5V
- Complete quest
- Claim oat
