MPH is the ERC20 token that powers our unique trading platform. All transactions on Morpher are created and settled in MPH (not US dollars or Bitcoin). MPH, Morpher's currency, bets on any asset supported by our platform through its smart contracts. As the underlying asset gains market value, the smart contract issues new coins to investors, and if the value of the underlying asset falls, the currency bet is proportionately destroyed. Collateral tokens are a natural debt-servicing currency.