The Dynamo token has not been launched yet. Final parameters, the official contract address, and the launch date will be published via the governance forum and the official Dynamo Finance channels. Always verify before interacting with any contract claiming to be DYNAMO.
At a glance
| Property | Value |
|---|---|
| Symbol | DYNAMO |
| Token standard | ERC-20 (LayerZero OFT) |
| Total supply | Fixed at launch (TBD) |
| Inflation | None, non-inflationary by design |
| Native chain | Ethereum mainnet |
| Cross-chain | LayerZero OFT enabled (additional chains to be added by governance) |
| Primary uses | Governance, real-yield distribution from Dynamo vault revenue |
What DYNAMO is
DYNAMO is the token that ties together every layer of Dynamo Finance:- It is the governance token for the Dynamo SubDAO — holders steer how Dynamo participates in Morpho governance and decide on Dynamo-specific parameters.
- It is the value-accrual token for the protocol — a share of real revenue earned by Dynamo-curated vaults flows back to DYNAMO holders who lock their tokens.
- It is a stakeholder signal — locking DYNAMO turns passive holders into active stakeholders with long-term skin in the game, not just speculators.
Dynamo Finance is built on top of Morpho’s immutable smart contracts. DYNAMO is separate from the MORPHO token, it governs the Dynamo SubDAO and its operations, while MORPHO governs the underlying Morpho protocol.
What DYNAMO is used for
1. Governance
DYNAMO is the primary governance token for Dynamo platform decisions. Holders vote on:- Fee parameters and treasury spending
- Approval of new Dynamo-curated vaults and risk settings
- Feature roadmap and protocol upgrades
- How the SubDAO’s aggregated voting power is used in Morpho governance
2. Real yield from vault revenue
DYNAMO holders who lock their tokens earn a share of the real revenue generated by Dynamo community vaults, not inflationary token emissions. Real yield is distributed in productive assets:| Asset | Chain |
|---|---|
| WBTC | Ethereum mainnet |
| ETH | Ethereum mainnet |
| USDC | Ethereum mainnet |
- Yield comes from actual borrower interest paid into Dynamo vaults, not new token issuance.
- Locking DYNAMO is what makes a holder a proper stakeholder, they have committed capital, take long-term risk, and therefore share in the protocol’s revenue.
- The longer the protocol grows, the more real yield flows to locked holders, value accrues directly from usage.
3. Stakeholder alignment
By requiring a lock to participate in real yield, DYNAMO is structured so that the holders who benefit most from the protocol are the same people whose capital is committed to its long-term success. This is what distinguishes a stakeholder from a passive holder:- Stakeholders bear lock-up duration risk.
- Stakeholders receive real, asset-denominated rewards.
- Stakeholders carry the most weight in governance.
Supported chains
DYNAMO launches as a native ERC-20 on Ethereum mainnet. Ethereum is the only supported chain at launch.| Chain | Status |
|---|---|
| Ethereum mainnet | ✅ Native chain at launch |
| Additional chains | 🔜 Added by governance once approved |
LayerZero OFT enabled
DYNAMO is implemented as a LayerZero Omnichain Fungible Token (OFT). This means the token is built to move across chains natively, without relying on wrapped representations or third-party bridges.- One token, many chains. Once governance approves a new chain, DYNAMO can be moved there directly through LayerZero’s messaging layer.
- Unified supply. Total supply is preserved across chains, tokens are burned on the source chain and minted 1:1 on the destination chain.
- No wrapped versions. Holders interact with the same canonical DYNAMO token everywhere it is deployed, with no liquidity fragmentation.
- Future-proof distribution. Real yield, governance, and incentive programs can extend to new chains as the SubDAO grows, without having to redeploy the token.
At launch, only Ethereum mainnet is enabled. The OFT design means new chains can be added via governance without minting new tokens or fragmenting supply.
Non-inflationary by design
DYNAMO has a fixed total supply set at genesis:- No new tokens are ever minted after launch.
- All incentive and reward programs are funded from pre-allocated community and ecosystem pools, never from new issuance.
- Holders are protected from dilution; value is driven by utility and real revenue, not by emissions.
How to get DYNAMO
The token is not yet live. Public information about availability, listings, and reward campaigns will be announced through the governance forum and official Dynamo Finance channels.
- Earning it as a reward — by supplying to or holding shares in Dynamo community vaults during active reward campaigns.
- Acquiring it on supported venues — to be announced at launch.
- Participating in ecosystem programs — grants, partnerships, and incentive campaigns funded by the treasury.