morpho

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

DeFi R&D & Investments @ https://www.re7.capital/ 

Can someone at the @morpho team explain how I can borrow USDC at 4% (cbETH colllateral on @base) and then lend back to @re7 USDC pool for 20% (and I am not even counting $MORPHO incentives). 

Is it because the Moonwell USDC vault $WELL incentives are boosting the yield for everybody? (and why isn't this arbed out already?)

💸 Investing @ XAnge.vc

🏗️ Co-founder @arianeeproject & @nftfactory

Whoa. That’s crazy. Is the re7 pool also on base?

I make meals into masks and then eat them.🥪 /foodmasku 🌈 rc.xyz/foodmasku 🗽

This particular pool does not have negative interest rate for borrowing and I was just considering the un-incentivized yield (explanation for that is in another reply).
This being said, @morpho does offer incentives in $MORPHO and some pools also have other project lead incentives (SUI and Pyth for instance) which can lead to a negative interest rate indeed.

Morpho is new to me... how are some of these APYs for borrowing negative? Is it because Morpho offers rewards for people who borrow? Wow.