guys i have been in crypto for 3 years and things are still TOO complicated

please let me test your products and give  honest feedback on how to make it at least sound simpler 

cos i have an actual crypro use case which i know your products can solve but im tired of feeling stupid all the time here 😭

hi im naomi 11x british triple jump champion documenting my journey to the la olympics onchain!

join /actrackclub

 - portrait.so/naomi

APYS and staking 

i have USDC sitting in my wallet which i earn on automatically with coinbase 

but i know i could earn more with apps like morpho but i dont actually understand what is actually happening and idk if its risky or not so i havent tried it

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

I trust the team. My understanding: put money in a vault. Owner of vault lend that money to others. You get “interest” back. @kugusha.eth knows more.

Staking is simpler: here take my money and give it to validators to make sure the l1 remains secure

TogetherCrew.com | single parent x 4 | seeker of adventure | survivor of chaos | host /togethercrew /kbc /single-parenting
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Las Palmas de Gran Canaria, Las Palmas, Spain

Morpho is similar to Aave. But not 1:1. Aave let’s you borrow and lend. Morpho let’s you invest in vaults and borrow. You earn yield + Morpho token.

If you do it for small amounts < 1000 USDC don’t do it on l1. The fees to get your reward are way higher than the value of your reward. Learned that the hard way.

People do looping: earn liquid token (prove that you have staked x). Restake that or use it to borrow  another token or earn yields somewhere. Yes, it’s a house of cards. One layer fails and it’s all over