Jordi in Cryptoland(@lordjorx):Frax built a vault on Morpho paying 8.78%. I've been looking for stablecoin alternatives after the recent mess, and the @fraxfinance team keeps shipping interesting things. This vault provides liquidity to @StakeDAOHQ markets on @Morpho ; simple exposure to a few solid pools without touching anything super risky. The yield breaks down like this: > 4.75% comes from net protocol APY > 4.03% comes from incentives paid in WFRAX and frxUSD Most of the TVL sits in two pools. The largest is the pool with @CurveFinance 's crvUSD, followed by the @MetronomeDAO one. As I've said many times, the Frax team has been one of the most consistent builders in DeFi for years. That matters a lot for me.

2026.05.06 18:41

Frax built a vault on Morpho paying 8.78%. I've been looking for stablecoin alternatives after the recent mess, and the @fraxfinance team keeps shipping interesting things. This vault provides liquidity to @StakeDAOHQ markets on @Morpho ; simple exposure to a few solid pools without touching anything super risky. The yield breaks down like this: > 4.75% comes from net protocol APY > 4.03% comes from incentives paid in WFRAX and frxUSD Most of the TVL sits in two pools. The largest is the pool with @CurveFinance 's crvUSD, followed by the @MetronomeDAO one. As I've said many times, the Frax team has been one of the most consistent builders in DeFi for years. That matters a lot for me.