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

cbBTC/USDC market 
https://app.morpho.org/market?id=0x64d65c9a2d91c36d56fbc42d69e979335320169b3df63bf92789e2c8883fcc64&network=mainnet&morphoPrice=0.75

🎙️ /farsidefm | 🎨 /enlightendarts | agent @callusfbi

Things we like to read 🦋🦋🦋
> risk is defined by the collateral assets your asset is lent against (you could see the markets on the vault page) 
> you do. Moonwell has a few vaults built on top of Morpho. If you hover over ✨ you could see the breakdown of rewards 


happy to expand if any of these is not clear

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?

Someone mentioned something about yachts in the meta verse and now I’m chronically on-chain

what is the best way to bridge my wBTC to cbBTC on chain

microsub.

I'm supporting you through /microsub!

82 $DEGEN

(Please mute the keyword "ms!t" if you prefer not to see these casts.)

I'm supporting you through /microsub!

113 $DEGEN

(Please mute the keyword "ms!t" if you prefer not to see these casts.)