Robinhood Earn, powered by Morpho
Millions of eligible @RobinhoodApp users can now earn onchain yield from a Morpho Vault curated by @SteakhouseFi via noncustodial wallets.
This is how we bring the benefits of onchain finance to the world.
“What modularization unlocks is that it makes the whole system composable in a way a monolithic protocol never could be.”
- Merlin Egalite (Co-Founder, @Morpho)
Explore more about Morpho through the report below!
EXCLUSIVE: Robinhood is going to pay 7% on dollars to 27.7 million customers.
In this Interview Johann Kerbrat, their SVP of Crypto explains how it all works.
Robinhood Earn lives inside the main investing app. You can buy the USDG stablecoin in a few taps, and it gets deployed
Spark is already a major part of @RobinhoodApp Chain’s yield stack.
In this snapshot, Spark holds the largest share among yield bearing stablecoin backing assets on Robinhood Chain, at roughly 20% of ecosystem TVL.
@Morpho leads separately as the largest lending protocol.
That
Robinhood Earn is rolling out to eligible US customers.
Lend USDG onchain through a self-custody wallet and earn an estimated 7% APY.
APY subject to change.
x.com/i/broadcasts/1…
For months … this was an idea.
Today, millions of eligible Robinhood users can earn onchain yield through Robinhood Earn, powered by @Morpho.
The interesting part isn’t that it’s built on DeFi.
It’s that most users won’t know or need to know.
That’s how technology wins. Not
Robinhood Earn, powered by Morpho
Millions of eligible @RobinhoodApp users can now earn onchain yield from a Morpho Vault curated by @SteakhouseFi via noncustodial wallets.
This is how we bring the benefits of onchain finance to the world.
We are excited to partner with @RobinhoodCrypto to bring Ethena's product suite to Robinhood Chain.
Ethena has been selected by Steakhouse, the curator of the vault, as the primary collateral asset issuer for Robinhood's first crypto earn product.
This is the first