MØRPHEUS
Everything you know about liquidity, scarcity, and power within finance is about to be redefined.
The Ecosystem
The Morpheus Ecosystem is not just a collection of tokens; It is a meticulously crafted matrix of value, liquidity and scarcity. Each element plays it part, designed to fulfill a purpose in the system.
Minting MØRPHEUS with
TITANX
By converting your TITANX tokens, you begin your path towards minting Morpheus. Here’s how it works:
- 10% of your TITANX fuels the DragonX Vault, providing stability and cooperation between primary liquidity pairs, aiming to keep the ecosystem secure and stable.
- 10% of your TITANX is used for engagement bonuses after the mint phase. Every 100 million TITANX spent secures one entry for an individual user. No limit on entries. At the end of MINT phase, 10 winners wil split 10% of collected TITANX.
- 72% purchases DragonX, with 20% of acquired DragonX burned to drive scarcity. The rest is used to buy and burn Morpheus, giving your tokens a foundation of value and scarcity.
BUY & BURN
To ensure the value of Morpheus continues to grow, a daily buy and burn mechanism is employed:
- DragonX tokens are used daily to buy Morpheus through the primary liquidity pool.
- All Morpheus tokens bought are burned, reducing overall supply and creating scarcity.
- The buy and burn is a publicly callable function, with no centralized control.
MINTING PHASE
The 14-day minting phase offers exclusive access to mint Morpheus:
- Alternating Day Minting: Minting is open EVERY day, allowing for constant participation.
- A Leaderboard showcases top wallets, encouraging participants to strive for the top and engage deeply with the ecosystem.
- Instant Claim: Minted tokens are claimable at the end of each mint day—no waiting for weeks.
MECHANISM
With every passing day, the cost to mint Morpheus increases by 4%. This decay mechanism makes early participation more rewarding.
- Lower Cost, Greater Opportunity: Mint early to capitalize on lower costs before the rate climbs, capturing more value at a lower price.
LIQUIDITY
Liquidity is the backbone of the Morpheus ecosystem
- LP NFTs are locked in the contract, guaranteeing that the liquidity remains permanent and the market stable, protecting against rug pools.
- Fees from the LP pool earned in Morpheus, will be burnt permanently. All fees earned in DragonX will be sent to the no expectations wallet.
ARBITRAGE
The evolving minting costs create unique arbitrage opportunities:
- As minting becomes more expensive, buying Morpheus on the open market could be more cost-effective. Take advantage of price discrepancies to maximize your returns.
- Savvy traders can mint or buy low and sell high, leveraging market dynamics for profit.