Morpho Labs Integrates stUSD Token into Relend Network USDC Vault
Morpho Labs Integrates stUSD Token into Relend Network USDC Vault
馃 Morpho's New Vault Secret
Morpho Labs has integrated the stUSD token into Relend Network's USDC vault, enabling users to use stUSD as collateral. This integration follows Relend Network's recent entry into the Morpho ecosystem, where they're establishing pre-deposit vaults for their L2 network.
Key updates:
- stUSD now supported as collateral in USDC vault
- Users can earn yields while maintaining liquidity
- Early depositors get priority access to bridge liquidity at Relend launch
This integration marks a significant step in expanding DeFi collateral options while maintaining competitive yield opportunities.
Thrilled to see the stUSD token integrated into @relend_network USDC vault on Morpho by @MorphoLabs 馃 With stUSD supported as collateral, users can earn competitive yields while unlocking liquidity in the DeFi ecosystem!
Relend Network partners with @AngleProtocol 馃敆 We have added the stUSD/ USDC market to our Relend USDC vault on @MorphoLabs Relend Network Solving liquidity fragmentation of L2s with fractional reserve banking. 馃捀Earn RELEND units, MORPHO tokens and APY by supplying the Relend
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