馃彟 Stake DAO Launches frxUSD Vault on Morpho with Multi-Protocol Incentives
馃彟 Stake DAO Launches frxUSD Vault on Morpho with Multi-Protocol Incentives
馃彟 New vault drops
Stake DAO has launched a new frxUSD curated vault on Morpho, offering lending opportunities against Curve Finance OnlyBoost LP collateral.
Key Details:
- Bootstrapping incentives provided by Metronome, Frax Finance, and Stake DAO
- Current APY: 11%
- TVL reached $3.3M within 2 days of launch
- Collateral includes blue-chip Curve LP positions, such as the Metronome msUSD/frxUSD PegKeeper LP
The bootstrapping phase aims to attract early liquidity and establish strong initial yields as the Morpho curated market expands. Users can participate by lending frxUSD against approved Curve LP collateral.
Incentives are live on the new frxUSD curated vault by Stake DAO. Earn yield from lending against @CurveFinance OnlyBoost LP collateral on @Morpho, with additional bootstrapping incentives provided by Metronome, @FraxFinance, and @StakeDAOHQ! This bootstrapping phase is all
Plasma Liquidity Pools Refreshed with New Incentives
**Liquidity incentives have been replenished** for msUSD and msETH pools on Plasma, offering attractive yields for providers. **Current APR rates:** - msUSD pool: ~16.9% APR - msETH pool: ~10.21% APR - Additional fees apply These rates represent a decrease from March 2026, when msUSD offered ~23% APR and msETH provided ~19% APR through the Oku Trade integration. Users can earn passive income by providing liquidity to these synthetic asset pools.
馃攧 Liquidity Incentives Refreshed for msUSD and msETH Pools on Plasma
Metronome Synth has replenished incentives for its msUSD and msETH liquidity pools on Plasma through Oku Trade. **Current Yields:** - msUSD pool: ~23% APR - msETH pool: ~19% APR - Additional trading fees apply Liquidity providers can earn these returns by depositing assets into the respective pools. This follows previous incentive programs, including the launch of msUSD/USDT0 and msETH/WETH pools earlier this month, which offered higher initial yields of ~68% and ~36% APY respectively. The ongoing incentive program aims to strengthen liquidity depth on the Plasma network for Metronome's synthetic assets.
馃巵 Rewards Distribution
Two-week reward distribution is now active through Merkl for liquidity providers. **Available pools:** - msUSD/USDT0 - [View opportunity](https://app.merkl.xyz/opportunities/plasma/CLAMM/0x93957591c5C7aF33afc7F622C03079840660D2d1) - msETH/WETH - [View opportunity](https://app.merkl.xyz/opportunities/plasma/CLAMM/0x7F5E86A423C900e113dd2f6B6366B1265dE59D6b) Rewards will be distributed over a two-week period for participants in these liquidity pools on the Plasma network.
New Incentivized Liquidity Pools Launch on Oku Trade
Two new incentivized liquidity pools have launched on Oku Trade: - **msUSD/USDT0**: Currently offering ~68% APY - **msETH/WETH**: Currently offering ~36% APY These pools are part of ongoing efforts to deepen liquidity on Plasma, in collaboration with OdysseyFi. The initiative aims to strengthen the ecosystem's liquidity infrastructure through targeted incentives for liquidity providers.