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USD1 has just secured its first Morpho vault on the Monad network. The net annualized yield has been pushed to nearly 13%. This yield is quite competitive in the current low-interest environment.
For ordinary users, you can now bridge USD1 cross-chain to Monad via LayerZero and directly deposit into this vault to start earning returns. The process has already been streamlined, with no complicated steps needed.
The first shot has been fired, and this initial vault serves as the best advertisement — with a 13% net APY clearly displayed, and the operation threshold is low. It sends a very clear signal: the practical value is being gradually realized.
$USD1
{spot}(USD1USDT)