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kugusha π¦
@kugusha.eth
where the yield comes from on @morpho > each vault supplies the liquidity to a set of markets (wstETH/USDC, cbBTC/USDC ...) > borrowers are paying interest on their USDC loan (6% wstETH/USDC, 4%cbBTC/USDC ...) > the net APY for a specific vault is calculated as a weighted average based on the liquidity allocated to each market > all vaults on the lenders side are rewarded in $MORPHO tokens. Current price of $1.28 it translates to 2.75% on any deposit.
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kugusha π¦
@kugusha.eth
cc @0xdesigner hope this is helpful
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0xdesigner
@0xdesigner
yes might ape ty
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kugusha π¦
@kugusha.eth
ape π Personal mindset - all profits from aping are converted to USDC/ETH and put into Morpho to earn sustainable yield. you can degen too with leverage and stuff, but it will require monitoring positions and being βinvolvedβ my telegram is yours if smth is unclear or you need help with onboarding
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