Base

DeFi

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.

Where does the yield on Morpho come from? 

👀 👀 👀

@morpho, you just received 6 DEGEN from @ainiyoumen!

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