First USD1 Vault Launches on Morpho via Monad
First USD1 Vault Launches on Morpho via Monad
🔓 USD1 finds new home
A new USD1 vault has launched on Morpho, marking the first deployment on the Monad network. The vault is powered by Reservoir collateralization and curated by Steakhouse.
Key Details:
- Users can bridge USD1 to Monad using LayerZero
- Deposits are now open in the Morpho vault
- Collaboration between Reservoir, World Liberty Financial, Steakhouse, and Monad
- Expands use cases for the Liberty ecosystem
This follows Reservoir's recent rUSD ecosystem vault launch on Morpho's Ethereum deployment, which offers liquid yields backed by Reservoir assets.
The second liquid DAM campaign has officially started! The Reservoir rUSD Ecosystem Vault on @Morpho is now live. Mint rUSD and deposit to earn yield + DAM incentives Backed by high quality Reservoir assets and curated by @SteakhouseFi Join the Reservoir Ecosystem and choose
Introducing the first USD1 vault on @Morpho Powered by Reservoir, @worldlibertyfi, @SteakhouseFi and @monad We are thrilled to announce the first Morpho vault for USD1 with collateralization facilitated by Reservoir. Curated by Steakhouse Live on Monad Starting today, users
Link to vault: app.morpho.org/ethereum/vault… Link to @merkl_xyz campaign: app.merkl.xyz/opportunities/…
Steakhouse Reservoir Vaults Launch on Morpho with Merkl Incentives
Steakhouse Financial has deployed new Reservoir vaults on Morpho, offering yield opportunities for stablecoin holders. **Key Details:** - **RUSD Vault**: [Available on Morpho](https://app.morpho.org/ethereum/vault/0xBEeFf08E1887A11D91B9Ca68c133c08Ae3c4B44f/steakhouse-reservoir-rusd#overview) with active [Merkl incentive campaign](https://app.merkl.xyz/opportunities/ethereum/ERC20LOGPROCESSOR/0xBEeFf08E1887A11D91B9Ca68c133c08Ae3c4B44f) - **USDC Vault**: Previously launched in January, [accessible here](https://app.morpho.org/ethereum/vault/0xbeEF346d7099865208Ff331e4f648f4154DDAa05/steakhouse-reservoir-usdc) - Both vaults operate on Ethereum mainnet The Reservoir vaults represent Steakhouse's approach to institutional-grade DeFi lending, combining Morpho's infrastructure with additional yield incentives through Merkl's distribution platform. Users can deposit stablecoins to earn yield while participating in the Merkl rewards program for potential additional returns.
Reservoir Borrow Rates Drop Below 5% on Morpho
Reservoir has announced that borrow rates on Morpho across both Ethereum and Arbitrum networks have fallen below 5%. **Key Features:** - Low-cost borrowing opportunities - Enhanced loop strategies available - Competitive yield generation Users can explore current yield opportunities through Reservoir's dedicated yield page at [app.reservoir.xyz/yield](https://app.reservoir.xyz/yield). This follows recent ARB rewards on Morpho for the wsrUSD/USDC market on Arbitrum, continuing Reservoir's focus on combining affordable borrowing with high-yield options.
Curvance Launches New wsrUSD Market with 8%+ APY on Morpho
Curvance has introduced a new pristine market featuring wsrUSD, offering enhanced yields and incentives for users. **Key Features:** - Over 8% APY available through the Reservoir Ecosystem vault on Morpho - Pristine underlying collateral backing - Additional incentives for participants - Curated by Steakhouse Financial The platform continues expanding its DeFi offerings with quality collateral options and competitive returns for liquidity providers.
wsrUSD Integration Goes Live on Dolomite
**wsrUSD is now available on Dolomite**, enabling users to lend, borrow, and loop the stablecoin efficiently on the platform. **Key features:** - Full lending and borrowing functionality for wsrUSD - Efficient looping capabilities - Part of DoloVoir's continued expansion This integration follows Dolomite's previous support for srUSD looping strategies, which offered over 32% APY when paired with assets like USDC, USDT, and Ethena's USDe. The addition of wsrUSD expands DeFi users' options for yield optimization on the Dolomite protocol.