Morpher allows users to trade stocks, commodities and currencies with zero fees and unlimited liquidity through virtual futures on Ethereum.
MPH is the ERC20 token that powers our unique trading platform. All transactions on Morpher are created and settled in MPH (not USD or Bitcoin). Morpher's currency, MPH, is staked on any asset supported by our platform through its smart contracts. As the underlying asset gains market value, the smart contract will issue new coins to investors, and if the value of the underlying asset falls, the staked currency will be destroyed proportionally. Collateral tokens are a natural debt-paying currency.