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kugusha 🦋 pfp
kugusha 🦋
@kugusha.eth
higher you could be earning - 8% on ETH - 18% on USDC - 4.8% on cbBTC on Base on Morpho 🔵 https://app.morpho.org/?network=base
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0xdesigner pfp
0xdesigner
@0xdesigner
where is usdc yield coming from???
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kugusha 🦋 pfp
kugusha 🦋
@kugusha.eth
Base yield cones from the borrowers interest + rewards in $morpho and $moonwell if we speak about the moonwell USDC vault (18% apy) currently almost all USDC liquidity on base is borrowed, everyone needs cash for trading => lenders get good yield https://app.morpho.org/vault?vault=0xc1256Ae5FF1cf2719D4937adb3bbCCab2E00A2Ca&network=base
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