Allez Labs proposes yield opportunity for Polygon PoS bridge funds
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid
Cross-chain protocol Symbiosis said it recovered approximately 15 BTC after an attacker exploited its native Bitcoin Bridge, but a...
Aave V4 proposal would put DAO funds first in line to absorb lending losses
Aave V4 lenders supplying wrapped Ether (WETH), USDC or USDT to its Core liquidity Hub on Ethereum would receive a bad-debt backst...
BlackRock’s staking Ethereum ETF pays yield but investors still prefer its $9 billion ETHA fund
Staking was supposed to strengthen Ethereum exchange-traded funds (ETFs), but BlackRock’s early results show investors still favor...
Kraken Lets Users Earn DeFi Yield on Nvidia and ETF xStocks
Kraken has launched on-chain yield vaults for three tokenised securities, enabling qualified clients to earn variable rewards from...
Leveraged funds rebuilt 1,669 BTC of Bitcoin futures shorts before Fed
Leveraged funds, a CFTC category that includes hedge funds and other money managers, increased their combined net short across fou...
Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath
Coinbase’s new partnership with payments platform Moov gives community banks and credit unions a route to offer stablecoin service...