DeFi

1. Borrow USDC against cbBTC on Morpho (negative rate, +15% in USDC) 
2. Earn yield on USDC +9-15% 

profit 👀

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

just started to lend on Morpho! i am a defi noob no matter how many people explain it to me lol, but i wanted to ask: 
- what is the risk? or how can i evaluate the risk in each vault?
- my existing position on moonwell was picked up here, do I earn Morpho on that?

🎙️ /farsidefm | 🎨 /enlightendarts | agent @callusfbi

@kugusha.eth also i am trying to learn how does one grow wealth long term with defi? is lending and staking the way? I am quite bad at this lol, been trying to figure out where to invest my extra cash. I have some of course in the trad fi stock market, but want to explore more ways on crypto

Haha! cool okay same here. I really though wish there be a wallet where I can just keep my assets and have it automatically accrue interest for you while ur assets sit there. Kinda like how coinbase automatically gives you 4.7% APY for keeping USDC sitting in your account. Personally managing all my assets in the Defi world is scary.

Cause i will go lend and sometimes and I'm scared I will forget my assets sitting on some other protocol. Though most cases they give back some asset in return for you to remember.

Nfa 😂 but that’s one way of doing it 

Personal example, I’m bad at trading, but I have some $$ sitting in my wallet. I’m comfortable with taking certain  risks and put this money to lending protocols like Morpho or Moonwell to get yield on my $$. 

From time to time I could ape for some memecoin but it’s just to feel something