Uniswap has rolled out its Earn product across the Uniswap web app and wallet, letting users deposit USDC, USDT, and ETH to generate yield without leaving the platform. The launch starts on Ethereum mainnet, where deposited funds are allocated to on-chain lending markets and interest paid by borrowers is passed through as user yield. Uniswap said the product uses a self-custodial model, so users keep control of funds from deposit through withdrawal. A single signature is required to complete a deposit, and there is no lockup or cooldown period, allowing users to exit at any time. The vault infrastructure powering Earn is provided by Morpho, while Gauntlet handles management. Users can access the feature through supported asset pages in the Uniswap web app or wallet, or by finding Earn through the Explore page. If they do not already hold supported vault assets, they can swap into them or buy them with fiat. Uniswap said it does not charge an Earn usage fee, though standard network fees still apply.
Uniswap said on July 31 that it has launched its Earn product on the Uniswap web app and wallet, allowing users to deposit USDC, USDT, and ETH to earn yield without leaving Uniswap.
The product дебuts on Ethereum mainnet. Deposited funds are allocated to on-chain lending markets, and interest paid by borrowers is converted into yield for users over time.
Earn uses a self-custodial model. Users need only one signature to complete a deposit, and they retain control of funds from deposit to withdrawal. There is no lockup period or cooldown period, and users can exit at any time.
The vault infrastructure underneath the product is provided by Morpho, with management handled by Gauntlet. Users can access Earn by entering the page for supported assets in the Uniswap web app or wallet, or by finding it through the Explore page and then choosing a deposit amount for confirmation.
If a user does not hold assets supported by the vault, they can first swap into them or purchase them with fiat. Uniswap does not charge a fee to use Earn, though users still need to pay standard network fees.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
