Alchemix adds Re7 Morpho WETH yield source to Optimism MYT
Alchemix added the Re7 Labs-curated Morpho WETH market as a yield source for its MYT on Optimism. The actively managed ETH lending strategy lends against wstETH and Re7ETH, Re7's flagship ETH fund, and is classified as a moderate risk strategy in the Optimism MYT allocation (risk classifications and caps are in the docs).
An OP incentive campaign is now live and distributing rewards to the vault, stacking on top of the existing lending rate — MYT depositors capture that boost automatically in their yield.
Sources
- The Re7 Morpho WETH market is a moderate risk strategy in our Optimism MYT. Strategy risk classifications and caps are live in our docs: https://t.co/GVOo35rnGJ Replying to their earlier post: Their @Optimism incentive campaign is now live and distributing to the vault. OP rewards stack on top of the existing lending rate, and MYT depositors will capture that boost automatically in their y…x.com ↗
- Their @Optimism incentive campaign is now live and distributing to the vault. OP rewards stack on top of the existing lending rate, and MYT depositors will capture that boost automatically in their yield. Replying to their earlier post: Re7 Labs is a DeFi-native risk curator, managing vaults and markets across leading lending protocols, including @Morpho. Their WETH market lends against wstETH and Re7ETH, Re7's flagship ETH fund.x.com ↗
- The Re7 Morpho WETH market is now a yield source for our MYT on Optimism. Curated by @Re7Labs, the market brings an actively managed ETH lending strategy to our Optimism ETH allocation. What makes Re7 unique? https://t.co/maNfitQB9Sx.com ↗
