DeFi

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

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.

Earn, Borrow, Build on Morpho 
/morpho and app.morpho.org

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

does the listed rate account for performance fee or no?