This repository contains the latest version of the Morpho protocol’s ERC20 token, designed to enhance functionality, security, and compatibility within the Morpho ecosystem. This new version introduces upgradability and onchain delegation features, allowing for greater flexibility and adaptability over time. Additionally, it includes a wrapper contract to facilitate a seamless migration from the previous token version, enabling users to transition their assets with minimal friction.
The Morpho Token leverages the eip-1967 to enable upgrade of the logic. This will allow new features to be added in the future.
The Morpho Token enables onchain voting power delegation. The contract keeps track of all the addresses current voting power, which allows onchain votes thanks to storage proofs (on specific voting contracts).
The Wrapper contract is designed to facilitate the migration of legacy tokens to the new token version at a 1:1 ratio. By implementing depositFor and withdrawTo functions, this contract ensures compliance with ERC20WrapperBundler from the Morpho bundler contracts, enabling one-click migrations that simplify the transition process.
The Wrapper contract will hold the migrated legacy tokens.
$ forge install$ forge test