You can deposit your crypto into Earn directly from your wallet balance and start earning rewards through Morpho.
To make a deposit:
Open the Earn section in the app.
Select token from the list of available assets.
Tap Start earning.
Select the available Morpho vault you want to use. Different vaults may offer different APYs.
Enter the amount of crypto you want to deposit. You can also tap Max to use your available balance. Review the projected monthly and yearly earnings displayed for your selected amount and vault. Tap Continue.
Allow the wallet balance access - click the "Approve" button.
Review the deposit details and confirm the transaction.
Please note that you need to have some network native token on your wallet to pay for the network fee.
Wait for successful deposit.
Once the deposit is completed, your funds will appear in your Earn portfolio.
What happens after I deposit?
Your deposited crypto is allocated to the selected Morpho vault and starts generating yield according to the current APY.
Rewards are distributed daily and automatically added to your Earn portfolio.
You can view your deposited balance, current APY, and lifetime earnings from the Earn section at any time.
Please note: APYs are estimates, are not guaranteed, and may change over time. Your actual earnings may differ from the projected amounts shown before the deposit. You can withdraw funds from Earn anytime you want.