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kugusha 🦋
@kugusha.eth
AMA about @morpho 🦋 Morpho is a lending protocol with $6B in deposits. You can earn 9% APY on ETH, 4% APY on cbBTC, 17% APY on USDC on Base. - transparent risk management - tailored risk profiles for lenders - isolated money markets for borrowers - immutable code base ask your questions in the comments
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𝙗𝙡𝙖𝙣𝙠
@blankspace
i have 2 more questions kugusha! 1) can I transfer the vault tokens (not sure what to refer to them as) to any wallet? if so, does that wallet then receive the rewards? 2) is there an expected date to reduce epoch period for additional reward yields? docs say it will reduced soon but curious if there is a timeline
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kugusha 🦋
@kugusha.eth
1. Vault token is ERC-20 and can be transferred to another address. Note: rewards earned from the original address needs to be claimed from it. Rewards will start accruing to the new wallet from the moment of the transfer. 2. It's every 2 weeks atm, working or shortening it to 1 week. But no clear eta on this
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