Earning & Savings

Onchain makes it easy to save money and earn on your terms.

USDC Rewards on Coinbase and the Base App

When you hold USDC on Coinbase, you'll earn around 3% APY on those holdings. In the Base App you'll earn 3.35% APY for your USDC holdings.

This means that you're getting some income just from keeping some cash in your Base App wallet.

Morpho

Using a different wallet? Morpho may be great for you. You can stake your tokens in Morpho's “vaults” and earn an APY rate in Morpho's token for doing so. You can also use Morpho to take out onchain loans by using some of your tokens as collateral.

Their website boasts an astounding $8.9 billion in deposits and $3.2 billion in loan volume.

You can find Morpho on Farcaster, in the Base App, or at https://morpho.org.

Farcaster's wallet has a built-in option for staking USDC with Morpho (called USDC Lending), and you can also use USDC lending through Morpho from your Coinbase exchange account.