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USD1 Adds New Investment Opportunity with an APY of 11.71%!
This time, USD1 isn't just making an announcement.
It's directly connecting to DeFi yield scenarios—the first USD1 Morpho Vault is now available on Monad.
How does this vault work?
Simply put, you deposit USD1, borrowers use high-quality assets as collateral, and the platform generates returns through the Morpho mechanism.
You can think of it as: your money starting to work for you.
Currently, the net annualized return is approximately 11.71%, which is no longer "lying still" for stablecoins, but a very attractive yield level.
The operation is also simple: starting now, users can bridge USD1 to Monad through LayerZero and then directly deposit it into the vault to start a passive income model. Individuals can participate, and institutions can also participate.
More importantly, this isn't just a new vault; USD1 is upgrading its use case from stablecoins to multi-chain yield assets.
This USD1 wave isn't just about holding the line; it's about charting.
@worldlibertyfi
// Author: Akiii | A Web3 blogger who loves life

WLFI
@worldlibertyfi
04-01
USD1 use cases, continued:
→ First @Morpho vault, live
→ First DeFi presence on @Monad
→ Curated by @SteakhouseFi
→ Built by @reservoir_xyz.
That's a lot of firsts. 🦅☝️ x.com/reservoir_xyz/…

It would be great if it could be integrated into a centralized exchange (CEX). Pure on-chain DeFi has been hacked recently, so I don't usually keep money on-chain.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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