Summer Update: Initial DeFi Offering, Whitepaper, & Candlesticks

denis

A big summer update: token listing on Uniswap, whitepaper, and candlesticks 🎉

Summer 2020 Update

SreeragKa

@denis#

denis thanks for the wonderful news, when we can expect the IEO on uniswap, do we get updated about the lunch date?

Nishanth

denis
Hi Denis, I have some questions to shoot-up regarding the latest news & announcement

MPH is being listed on Uniswap, personally backed by us with Ethereum.
The best part about integrating with Uniswap is that converting ETH to MPH will be super easy! Soon you won’t have to wonder what your MPH is worth or how to deposit/withdraw.
I just Ctrl+C your content in the announcement. The meaning you have mentioned in point 1 is like MPH tokens which are backed by you are gonna traded-able in Uniswap exchange for liquidity. IF that is the case, what is the point 2 states - Like users who got tokens from airdrop can withdraw from MORPHER wallet to Uniswap or we need to wait for withdrawal of our MPH token. Please clarify this points.

Other point,
Want to buy up MPH for trading? We’re considering rewarding early users by listing at a discounted price, more news on that as it gets closer.

Do we have pre-sale for MPH tokens before listing in Uniswap?
How users are identified for the token sale?
Is the airdrop KYC verified users given first priority or some approach you have planned?

Since, you know us like we are the most early early users of MORPHER platform. So, please consider us with more priority.

Last point, When you say DEFI - Are we working on any DEFI related products which has staking, leading & borrower prototype that will launch soon 😀

Please let me know your answers. Don't take me wrong, if i have said something not correct.

abhiag

denis Hi dains, 2 days ago i had opened trade.morpher.com, there is showed me claim your gift of 40k MPH, but that time I was unable to claim it, how can i claim that tokens?

I'm a YouTuber.

andrespiped

denis how can i claim My tokens and sell?

satoshibill

denis 👌

denis

SreeragKa We think it's great news too! Launch date will be shared as soon as we're close.

Piotrrek

MPH is being listed on Uniswap, personally backed by us with Ethereum. No exact date to announce yet, it’s happening this quarter and as early as this month.

Downside: you can't sell today. Upside: we're putting up lots of Ethereum for liquid exchanging. I know you've been itching to sell, it's coming.

toukirahammed MPH, the same token you got in Airdrop and same token you use for trading will be listed on Uniswap. This type of listing, directly on a decentralized exchange, is sometimes called IDO (Initial DeFi Offering). It's the same token you already have.

toukirahammed

Morpher defi token?

Piotrrek

@denis I conntected my wallet to uniswap but how can I sell morpher tokens? Please help us

BrianFernndezMuz

When can we exchange our tokens for real money? Many months have passed

boredo

Awesome work team!!!
Now I am even more excited to trade.
Keep up the good work and thank you all!

QMM

denis

I was wondering about the price. It was mentioned, that MPH will be listed at a discount price. Discount from $0.03 usd? How much that would be? Wouldn't it drive initial token price unnecessary low? I know i dont understand much, but it sounds counter intuitive. In my head its like, start higher to land higher😁. Price eventually will go lower due to selling pressure, and buyers would have exposure to those lower prices😁.
About liquidity. As i imagine at the beginning sellers will overwhelmingly overpower buyers. Is there going to be enough liquidity to satisfy all sell orders? And if not, wouldnt that mean, that the price would essentially go to zero eventually?
Please do not exile me to Dumb Land

NelsonKamau

Great news 😃😃 Finally we can make deposit and make some real money

ivan

QMM
1) The discounted price would be as incentive for new token owners, but don't worry we have thought very long about it and have a strategic way of implementing it. In general we are not so much concerned about the initial price-action, we fully understand that there are some people just in it for the withdrawals. With that said we believe that we would reach a natural equilibrium quickly.

2) UniSwap is great because of the way that liquidity can be added through pools meaning we will be able to directly support Morpher's liquidity profile in the beginning. If the token price falls then that would be even easier.

Check out this video: https://www.youtube.com/watch?v=dcZ7kVC2-6g

QMM

ivan Also, is there going to be some kind of advertising or promotions before listing? Because, as of now, i assume, most of the people who are going to trade, would be the ones who already knows about MORPHER, because of airdrop. Some buyers and a whole bunch of sellers.

cryptonian

Hey Piotrrek, nothing is lost and you should not give up! Just recover your account by following the steps described here and then lean back and wait for the listing on Uniswap. It's really not that hard!

In the meanwhile, you could watch some Uniswap tutorials like this one:

ivan Check out this video: https://www.youtube.com/watch?v=dcZ7kVC2-6g

denis

Nishanth Hi Nishanth, good questions, this should help clarify.

Once the token is listed and we update the app, you will need 3 things to convert MPH to Ethereum:

Click withdraw on Funds page to move MPH from our sidechain to the Ethereum blockchain
You will need Ethereum (a few cents USD) to pay gas fees to use Uniswap
Click to exchange MPH into ETH either from our app or on Uniswap.

There is no token sale. Anyone in the world can buy/sell the moment we list on Uniswap. Your advantage as a Morpher user we will email/contact you ahead of time to let you know when it is scheduled to be listed.

Morpher is a decentralized finance project, a DeFi project. DeFi is using blockchain technology, primarily Ethereum, to create new financial products - that is by definition what Morpher is.

Piotrrek

You will need Ethereum (a few cents USD) to pay gas fees to use Uniswap

denis we have to invest our ethereum to pay gas or its will be only fee from our tokens?

Piotrrek

@denis I love thats platform UNISWAP. its beautiful. I have 27,500 tokens but I'm afraid that I will not earn anything from it. Can you rate if I will get rid of them and if I will make a profit from it? Really I can earn a few hundred dollars 🙂

denis

Piotrrek Your MPH you got for free, so what do you mean by profit? Any amount you sell it for is a profit because you paid 0.

I highly recommend you try the token owner's guide, it's only 1-2 pages but in English: https://www.morpher.com/guide/token-guide/

MPH/ETH price on Uniswap will go up and down. Depending on when you sell, it will be more or less than $0.03 USD estimate we had on the website long ago.

Piotrrek

denis ah I just mean that I want earn. Maybe for KYC. I hope that someyone buy 27000 tokens and I dont want only MPH Tokens

denis

Piotrrek Ah ok, we are providing Ethereum for the listing so there should be plenty of volume/liquidity for you to sell into and get out.

QMM

denis hey. It is me again. I was able to claim most of my MPH from airdrop, but not everything. About 20k left i think. Was i supposed to get it all? Or some people are still to be invited? Not that it is really all that important right now, but still. Want to make sure it is not a bug 🙂

tamlytrade

keep watching you find you guys work very seriously on it .. once again wish you all the best