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112 Sep 2024, 18:45
Morpho just launched its Wrapped Super OETH market! 🦋
The market enables leveraged yield on wsuperOETHb, letting you earn far higher APYs than simply holding Super OETH.
Here’s how to get started 👇
1️⃣ Acquire Wrapped Super OETH: Swap WETH for wsuperOETHb on the Origin dapp at
2️⃣ Head to the Super OETH Morpho market:
3️⃣ Connect your wallet to Morpho (Base), and open a position. Deposit wsuperOETHb and choose the amount of WETH to borrow (up to 91.5% LTV).
4️⃣ Loop it: Swap WETH for more wsuperOETHb on the Origin dapp. Deposit wsuperOETHb in the Morpho market for additional WETH, and repeat the process until you’ve gained your desired exposure.
We’ll be announcing further looping integrations soon, which will automate the borrowing process for users looking to earn leveraged, supercharged ETH yield.
*P.S - The Morpho market has limited liquidity available on a first come, first served basis. 🏃🏼♂️ If the market is fully utilized when you visit Morpho, check back in a day or two. We expect more liquidity to start trickling in over the coming days and weeks.*
Morpho just launched its Wrapped Super OETH market.
Morpho just launched its Wrapped Super OETH market! 🦋
The market enables leveraged yield on wsuperOETHb, letting you earn far higher APYs than simply holding Super OETH.
Here’s how to get started 👇
1️⃣ Acquire Wrapped Super OETH: Swap WETH for wsuperOETHb on the Origin dapp at https://originprotocol.eth.limo/#/super
2️⃣ Head to the Super OETH Morpho market: https://app.morpho.org/market?id=0x144bf18d6bf4c59602548a825034f73bf1d20177fc5f975fc69d5a5eba929b45&network=base
3️⃣ Connect your wallet to Morpho (Base), and open a position. Deposit wsuperOETHb and choose the amount of WETH to borrow (up to 91.5% LTV).
4️⃣ Loop it: Swap WETH for more wsuperOETHb on the Origin dapp. Deposit wsuperOETHb in the Morpho market for additional WETH, and repeat the process until you’ve gained your desired exposure.
We’ll be announcing further looping integrations soon, which will automate the borrowing process for users looking to earn leveraged, supercharged ETH yield.
*P.S - The Morpho market has limited liquidity available on a first come, first served basis. 🏃🏼♂️ If the market is fully utilized when you visit Morpho, check back in a day or two. We expect more liquidity to start trickling in over the coming days and weeks.*