Morpho Labs Integrates stUSD Token into Relend Network USDC Vault

馃 Morpho's New Vault Secret

By Angle Protocol
Nov 4, 2024, 6:29 PM
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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.​

Sources

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
Relend Network
@relend_network

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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