Robinhood Expands USDG Lending Access Through Earn
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Robinhood has opened Earn to all eligible users, routing USDG deposits into a Morpho vault on Robinhood Chain.
Robinhood has made its Earn offering available to all users who meet its eligibility requirements, expanding access to onchain USDG lending, according to The Defiant.
The service directs deposits into a Morpho vault curated by Steakhouse on Robinhood Chain. Users receive lending interest, supplemented by rewards.
Withdrawals are subject to the vault’s available liquidity, meaning access to deposited funds depends on liquidity conditions at the time of withdrawal.
Source: The Defiant
