The first vault strategy targets 6% annual percentage yield via over-collateralized lending pools, managed by Bitwise.
Digital asset management firm Bitwise has teamed up with decentralized finance (DeFi) lending protocol Morpho to launch non-custodial on-chain vaults aimed at generating yield.
The move was announced on X on Monday, with Bitwise noting that its first vault will target an annual percentage yield of 6% by investing in overcollateralized lending pools.
“Finance is moving onchain. Vaults are a key part of that, offering investors a transparent way to earn digital yield on their assets,” Bitwise said.
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Author: Brian Quarmby
