Safe Wallet Integrates Morpho Labs for Up to 8.1% APY Yield Generation
Safe Wallet Integrates Morpho Labs for Up to 8.1% APY Yield Generation
🏦 8% APY Without Moving Funds
Safe Wallet has launched a new Earn tab featuring Morpho Labs vaults integration. Key features:
- Up to 8.1% APY with daily compounding
- Zero lock-up periods
- Supports USDC, wstETH, ETH, and WBTC deposits
- Extra $MORPHO token rewards
- Assets remain secure within Safe Wallet
The integration leverages Morpho Vaults, curated by SteakhouseFi and integrated via Kiln Finance, focusing on blue-chip collateral markets. This enterprise-grade yield solution targets DAOs, treasuries, and advanced users managing idle capital.
Up to 8.1 % APY, daily compounding, zero lock-ups without moving a single sat or wei out of your Safe. Deposit USDC, wstETH, ETH, or WBTC straight from the new Earn tab, sit back, and let @MorphoLabs vaults do the work. Extra $MORPHO rewards included. 🗒️ How it works →
Safe Shifts Focus to Self-Custody Security, Open Sources Safenet
Safe announces a strategic pivot, pausing development on unified balances and chain abstraction to concentrate on improving self-custody security fundamentals. The team identified that users face excessive burdens in managing self-custody, including: - Transaction verification - Counterparty checks - Policy management To support continued development, Safe is open-sourcing the entire Safenet codebase under GPL license. Resources: - [GitHub Repository](https://github.com/safe-global/safenet) - [Full Announcement](https://safe.global/blog/safenet-update-open-sourcing-our-work) Developers are invited to fork and contribute to the project while Safe focuses on strengthening security foundations.
Safe Wallet Introduces TWAP Orders via CoW Swap for Optimized Large Trades
Safe Wallet has launched TWAP (Time-Weighted Average Price) orders powered by CoW Swap, offering improved pricing for large trades. Key features: - Breaks large trades into smaller parts over time - Testing showed 3.5% better pricing when splitting 1,000 ETH into 4 parts - Includes MEV protection and gasless transactions - 100% surplus returns to traders Implementation steps: 1. Authorize batch transaction 2. Upgrade fallback handler 3. Configure trade parameters 4. Let CoW Swap execute automatically Best practices: - Ideal for trades over $5K on Mainnet - Set flexible price protection - Consider market hours for liquidity - Free cancellation with no gas costs
Safe{CON} Announces Ethereum Foundation Speaker for DeFiPunk Vision Talk
Safe{CON} has confirmed Ethereum Foundation's @hwwonx as a featured speaker for their upcoming conference. The presentation will explore Ethereum's DeFiPunk vision, adding to a growing lineup of blockchain thought leaders. This announcement follows the tradition of securing prominent speakers in the Ethereum ecosystem, similar to DΞVCON1's previous booking of Nick Szabo as keynote speaker. - Focus will be on Ethereum's DeFiPunk vision - Speaker: @hwwonx from Ethereum Foundation - Part of Safe{CON}'s speaker series
Safe{CON} Speaker Spotlight: Fileverse's Andreas Tsamados
Andreas Tsamados (@miroyato), co-founder of Fileverse, will present at Safe{CON} 2 in Berlin on May 23. His talk explores the intersection of cypherpunk principles and data self-custody, focusing on DeSoc primitives built on Safe infrastructure. Key topics: - Data sovereignty and self-custody solutions - Subversive technology applications - Safe asset management integration Join the discussion at [Safe{CON} 2](http://conf.safe.global) to learn about the future of decentralized data ownership.