The largest DEX by trading volume has introduced a new product, Earn, created in partnership with the lending protocol Morpho. Uniswap users can now allocate their assets and earn passive income from them.
Uniswap was built to give people open, direct access to on-chain markets, and Earn is the natural next step. The product allows you to simply utilize your assets without requiring the management of concentrated liquidity, - said Uniswap Product Manager Anthony Beshay.
Thanks to Earn, platform users will be able to allocate stablecoins $USDC and $USDT, as well as Ether, across three Morpho lending pools to earn interest. Traders will retain control over their assets and can withdraw them at any time.
Earlier, Uniswap had launched a similar feature, DualPool, in collaboration with Spark. However, a company representative explained that the new mechanism is intended for those who want to earn income from lending, while DualPool is for users who want to both provide liquidity and lend their assets.
Previously, the Happy Coin News editorial team reported that after the launch of the Robinhood Chain blockchain, daily fees on the DEX Uniswap increased to $5 million.
end-content




