MORPHER: a new trading platform is in town

Hey, today we are gonna talk about another interesting project aiming to bring trading and investing of real world assets in the cryptosphere: MORPHER.

As they recently unveiled their own DEX on the ETH main chain, I think it’s interesting to take a further look in it and in the solutions they propose.

MORPHER (token:MPH), aims to be a platform offering a fully decentralized trading and investing experience without middlemen and fees, making it easier for a retail investor to make money through its own acumen and decisions. 

To do it, it has created both a L2 sidechain and a Dex on the main chain. This approach is extremely useful, as the end users has the possibility of choosing between basically no fees and immediate transactions, albeit at the cost of having to deal with the delays and costs related to moving tokens from a mainchain to a L2 (L2 MORPHER SIDECHAIN), or using the MPH he bought immediately, with the possibility of a faster cashout, yet with the costs of ETH gas fees.

The token is named MPH, and is aimed at trade settlement on the various Morpher platforms. It’s available on UNISWAP and GATE.IO.

MPH is used to stake and leverage your positions: every good trade will receive  more tokens, while losses will obviously lead to a liquidation. This is achieved through the tokenomics of the project: success increases the token supply, and bad trades reduces it. To add, tokens get burned with every transaction.

You might think this might lead to an inflationary situation and you wouldn’t be wrong, yet you’d need to have a massive trading success ratio among all users, and that won’t likely never happen unless you are dealing with something like DHEDGE or similar decentralized hedge funds.

DEX AND L2 SIDECHAIN

We’ll now have a fast analysis of the common aspects of the various MORPHER platforms, before focusing on the differences.

1. 24/7 trading, with the possibility of opening shorts and longs even after (or before) market hours.
2. 10x leverage, higher than what’s available on MIR and SNX, and on pair with certain CEXs. Considering the onslaught done by regulators on CEXs, with massive limitations or outright bans of margin trading and futures, a decentralized approach might be worth a look.  
3. No need for collaterals to operate (SNX heavily relies on them), as MPH uses a trade settlement approach due to its tokenomics, rather than collateral needed to mint assets.
4. Unlike STX, MORPHER feels more leverage-centric, while SYNTHETIX has a heavier focus on minting synths through colateral, thus using more liquidity pools.
5. Live prices update through DATA FEEDS allowing live liquidations, with an oracle made by MORPHER. 
6. Liquidation is 100% max, unlike other services, which have up to 500%.
7. The only needed token is MPH, meant to reward or liquidate users that still have access to real world stocks, cryptos, commodities, forex and indexes to invest and get a premium from good trades. 

DEX

• Available on L1, you could get tokens from Uniswap and use them with no delays related to moving them to L2.
• Lightweight and responsive interface.
• Rewards might be given to early users
• You’ll have to deal with Eth gas fees and delays.

SIDECHAIN

• Fast transactions with no eth gas fees, allowing for easier shorts and longs.
• Funding can be provided through credit cards and services like paypal, giving you a fast and easy CEX feeling to your deposits
• You’ll need Tier 3 KYC to cash out
• To move tokens from the mainet to the sidechain (and the opposite) you might, on the other hand, have to wait hours or at worst a couple of days (similar to OPTIMISM).

MORPHER is still embarking users, and you can try the sidechain with a free airdrop of MPH after basic registration:

morpher.com/invite/marco663

Have a feel for it, and see if you wanna stay around there and get some nice gains while doing it! 

Anyway, Thanks for the attention and see you soon!

If you wanna help out, check 

• BULKSENDER, great for sending various eth transactions together, saving some time and gas (pretty high lately)

      https://bulksender.app?referrer=0xC53d8683Ed3d15E105f76Ff181eE44f881c2E056

• OPENSEA, the premiere nft marketplace on ETH. As NFTs are regaining traction in the cryptosphere, you might want to grab something and see it appreciate further                                             

https://opensea.io?ref=0xc53d8683ed3d15e105f76ff181ee44f881c2e056

And if you wanna go the extra mile, feel free to send some useless coins at

0x30796F4C8266949fd6359d0C029301Ae8eE30ED1