DeFi

Earn, Borrow, Build on Morpho 
/morpho and app.morpho.org

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

morpho

i'm new to morpho, how often rewards are distributed here?
also quite surprised that "vault fee" has been taken from my deposit yet it wasn't specified in the vault info – i only see performance fee here

maxxing on /morpho 🦋 | pursuing a higher self w /higher-athletics | consistently curious

https://warpcast.com/dalechyn.eth/0x596d16f4

Working on @beliefs - most customizable launchpad on Base.
Coding FC related stuff.
Occasionally trading.
Figuring out how to fix my sleep schedule.

hey! 
rewards are claimable every 2 weeks. 

there's no deposit fee, the only fee is vault performance fee and you can check it on the vault page. But, as usual, you need to pay gas fees for the tx itself

But in the User Activity tab I saw “Vault Fee” type of transaction in the same tx with my deposit, which tells me it’s a deposit fee.
Can send you details in dc on this

Each time there is an action on a vault (i.e. market) morpho recalculates interest rate and gives yield to the vault. And the vault takes its cut. tldr - it's the way how performance fee is calculated.