Role separation: upgrade ≠ fee ≠ oracle
Morpho V1 (Morpho Blue + MetaMorpho)'s assessment for RD-F-035 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Morpho Blue: upgrade role N/A (immutable). Fee and IRM/LLTV config both held by same DAO multisig — not separated. MORPHO token: upgrade + fee recipient + treasury all controlled by same DAO multisig. Rewards multisig separate for distribution. Partial separation exists.
Sources #
- Docshttps://docs.morpho.org/governance/organization/morpho-dao/retrieved 2026-04-27
Methodology #
Determine whether the upgrade role, fee-collection role, and oracle-config role are assigned to distinct addresses.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol morpho-v1 factor RD-F-035 score yellow collected_at 2026-04-30 21:19:13