🔥 Key Takeaways
- Bitwise Asset Management launches non-custodial onchain yield vaults on Morpho, targeting 6% APY.
- The new offering provides investors with a decentralized and secure way to earn yields on their crypto assets.
- Morpho’s onchain lending network enables Bitwise to provide investors with transparent and efficient lending opportunities.
Bitwise Launches Non-Custodial Onchain Yield Vaults on Morpho
Bitwise Asset Management, a global crypto asset manager, has announced the launch of a new onchain investor offering through non-custodial vault strategies on Morpho, an onchain lending network. The new product aims to provide investors with a decentralized and secure way to earn yields on their crypto assets, targeting an annual percentage yield (APY) of 6%.
Decentralized and Secure Yield Earning
The non-custodial onchain yield vaults on Morpho enable investors to earn yields on their crypto assets without the need to relinquish control of their private keys. This decentralized approach ensures that investors maintain full ownership and control of their assets, mitigating the risks associated with centralized custody solutions.
Morpho’s Onchain Lending Network
Morpho’s onchain lending network provides a transparent and efficient platform for Bitwise to offer lending opportunities to investors. By leveraging Morpho’s network, Bitwise can provide investors with a secure and reliable way to lend their assets and earn yields, while minimizing the risks associated with lending on decentralized platforms.
Targeting 6% APY
The new onchain yield vaults on Morpho are targeting an APY of 6%, providing investors with a competitive yield-earning opportunity in the crypto market. With the current low-yield environment in traditional finance, Bitwise’s new product offers investors a compelling alternative to earn returns on their crypto assets.
Conclusion
The launch of non-custodial onchain yield vaults on Morpho by Bitwise Asset Management marks an important milestone in the development of decentralized finance (DeFi) solutions. By providing investors with a secure, transparent, and efficient way to earn yields on their crypto assets, Bitwise is helping to bridge the gap between traditional finance and the crypto market.
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