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Morph Mainnet Launch: A Complete Guide to Ecosystem Project Interaction
Morph Mainnet Officially Launched, Detailed Guide to Ecological Projects and Interactions
On October 30th, the global consumer-grade public chain Morph officially launched its Mainnet. During the transition from the testing phase to the Mainnet launch, community enthusiasm remained high, with over 6 million users participating and recording over 100 million transactions.
As a public chain project that focuses on “consumer-grade ecology”, Morph’s future token issuance and Mainnet interaction activities will undoubtedly benefit community users. This article will provide a detailed Mainnet interaction guide to help both newcomers and experienced users quickly get started with the ecological project, allowing them to experience it ahead of time and seize potential opportunities.
Morph Mainnet Interaction Guide
For ordinary users, the first step is to configure the Morph Mainnet in their wallet. Below are the steps to complete the Morph Mainnet configuration in commonly used wallets:
1. Wallet Configuration Morph Mainnet
Bitget Wallet completed the integration immediately after the launch on the Morph Mainnet, allowing users to switch to the Morph network conveniently in the Bitget Wallet app and plugin without manual configuration for mainnet asset management and transfers:
Visit the Morph block explorer page, click the “Add to Wallet” button, and it will automatically import the Chain ID and RPC URL of the Morph Mainnet.
If the “Add to Wallet” link has compatibility issues, you can choose to manually add the Morph Mainnet, with the configuration information as follows:
By following the steps above, we can quickly complete the configuration of the Morph Mainnet, preparing for subsequent application interactions within the Morph ecosystem.
2. Morph Mainnet Ecological Overview
After the launch of Morph Mainnet, some native projects from the testnet have migrated to the mainnet, while others are still in the process of migration. Let’s explore a series of applications within the Morph ecosystem, including DeFi, NFTs, DePIN, consumers, and their interaction methods.
Morph Bridge is the official cross-chain bridge of Morph, used for token cross-chain operations between Ethereum and the Morph Mainnet. Users can cross ETH from Ethereum to the Morph Mainnet on the “Deposit” page, and perform the reverse operation on the “Withdraw” page. Additionally, users can also utilize third-party cross-chain bridges that support the Morph Mainnet, such as Orbiter Finance, for cross-chain operations.
BulbaSwap is a liquidity protocol on the Morph Mainnet, where users can perform regular Swap and Pool (adding liquidity to LP) operations using cross-chain ETH and USDT to Morph.
For example, to exchange 10 USDT for ETH: first authorize the contract call for USDT, and after completion, confirm the Swap to exchange for 0.00407808 ETH. Currently, the fees on the Morph Mainnet are very low, and this transaction only costs less than 0.08 dollars.
Users can also add liquidity on the “Pool” page by selecting USDT and ETH, entering the corresponding amounts to create an LP, clicking “ADD LIQUIDITY” and confirming in the wallet. To remove liquidity, select the corresponding LP position in personal positions, click “Remove” and confirm.
Abra Finance is a money market on Morph, providing a crypto asset lending experience similar to Aave. Users can select assets to deposit in the “Assets to supply” section on the “Dashboard” page and enable the collateral lending feature. Afterwards, they can choose other crypto assets for collateral lending in the “Assets to borrow” section and manage their on-chain lending positions in real-time.
Morpha.nft is the NFT trading market on the Morph Mainnet, where users can search for and select NFT collections for buying and selling. Currently, the floor prices of various NFT collections are relatively low, mostly below 0.01 ETH. Users can view details, attributes, holders, trading royalties, and transaction history of the NFTs, and it supports quick purchases and bulk buying.
In addition, Morpha also provides free market-making tools to meet the needs of different types of users and facilitate NFT projects in actively making markets to maintain the value of NFTs.
Owlto Finance is a cross-chain and liquidity exchange protocol, and its cross-chain bridge allows for cross-chain operations between Morph and other supported blockchains. Users can select the network and tokens to transfer assets from one chain to another.
Kayak Finance is a DEX protocol where users can add liquidity and mine KAY tokens. The process includes obtaining testnet tokens, selecting trading pairs, adding liquidity, and other steps.
Standard Protocol is an order book DEX that supports limit and market orders for trading ETH and other tokens. Users can select trading pairs, input the trading quantity and price, view the exchange results, and complete the transaction.
Soccersm is a prediction market where users can predict and bet on future cryptocurrency prices, sports match outcomes, political election results, and other events. Users need to first acquire the platform token Balls, and then select the prediction events they are interested in to place bets on the blockchain.
KaBoom is a consumer-grade DeFi application based on the Telegram Mini App, where users can trade Meme tokens on the Morph Mainnet. To use it, you need to first bind your email, set a PIN code, then select the Morph network, and after depositing ETH, you can start trading.
It is worth noting that Morph has partnered with TaskOn to launch a two-week “Dwellers of the Rainforest” Mainnet exploration event. Users can earn rewards by exploring DApps and completing tasks, including following social media accounts, sharing specific content, and more. After successfully completing the tasks, they will receive corresponding rewards.
With the official launch of the Morph Mainnet, token issuance is just around the corner. For ordinary users, actively participating in various activities within the Morph ecosystem now not only allows for the accumulation of points but may also lay the foundation for future token airdrops. As early as during the “Genesis Jungle” event, Morph made it clear that the total points earned by users would serve as an important basis for future airdrops and exclusive rewards, thus early ecosystem interactions have potential value.
During this critical period, users can gain a competitive advantage by configuring wallets, completing interactive tasks, and continuously monitoring ecological dynamics. For ordinary users looking to achieve potential benefits, now is an excellent opportunity to lay out and deeply engage in the Morph ecosystem, which deserves long-term attention.