Morpho Proposes Transition of Mini App Operations to Feather

Morpho is in the process of changing the operational entity of the World App mini app to Featherlend. Currently, the cumulative unique users stand at 2.2 million, and the transfer of operations has not yet received final approval. Feather has requested support worth $50,000 in Morpho tokens in exchange for taking over the operational rights as outlined in the MIP 132 proposal. The funding will be allocated as follows: $25,000 for frontend and brand restructuring, $13,000 for RPC and WorldChain infrastructure maintenance, and $13,000 for user and curator support as well as collaboration costs with the World Foundation. Feather plans to pursue its own revenue model after securing an operational base for one year. The key aspect of this transition is the separation of application operational rights, while the existing on-chain positions will remain in Morpho's WorldChain smart contract. Users will not need to take any separate actions, but the screen, brand, and user support channels may change during the transition process. Feather has proposed a phased transition plan, with the app name set to change to Feather in the final stage. Previously, Morpho transferred the operation of the Light App to Feather, and MIP 132 is a proposal to outsource non-core interface operations to external operators. The total deposits of the mini app have approached $45 million, and the overall increase in WorldChain deposits has been recorded at over $100 million.