Earn Real-Time Yield on Stablecoins and Blue-Chips — Powered By Morpho

Put idle capital to work in minutes. No custody trade-offs. No bridges. No new apps. Safe{Wallet} now features embedded access to curated lending vaults, powered by Morpho via Kiln DeFi. With one multisig transaction, treasuries and teams can earn competitive yield on USDC, USDT, WBTC, wETH, and wstETH — directly from the Safe{Wallet} interface. Withdraw anytime. Track everything in-app. Stay in full control.

Put idle capital to work in minutes. No custody trade-offs. No bridges. No extra steps.

In just six months, a treasury holding $10 million in USDC forfeits around $500,000 in onchain yield. Until now, earning meant stepping outside the core treasury workflow — juggling new apps, permissions, and fragmented views.

That changes today. Safe{Wallet} now offers an embedded lending experience, powered by Morpho via Kiln DeFi. With a single multisig transaction, treasury signers can route idle USDC, USDT, WBTC, wETH or wstETH into curated lending strategies — all without leaving the Safe{Wallet} interface.

In Brief

• Earn competitive, real-time yield on USDC, USDT, WBTC, wETH or wstETH

• Available on Ethereum Mainnet and Base

• One-click deposits from the Safe{Wallet} you already trust

• Users get additional MORPHO rewards that boost their yield

How to Start Earning

• Open Safe{Wallet} and go to the Earn tab

• Select a supported asset (USDC, USDT, WBTC, wETH or wstETH)

• Choose a vault powered by Morpho and check APY, risk, and withdrawal details

• Confirm with one multisig transaction

• Monitor performance directly within Safe{Wallet}

Why Lend Using Safe{Wallet}?

• Total Custody Control: Funds never leave your Safe{Wallet} address unless approved by your signers.

• Effortless Yield: Select an asset, click “Deposit,” and vaults allocate capital to high-performing lending markets.

• Transparent Risk and Return: See APYs, collateral ratios, and exit costs up front through on-chain dashboards.

• No Workflow Disruption: No bridges, token swaps, or dApps. Earn is accessible inside Safe{Wallet}.

• Withdraw Anytime: Liquidity is preserved. Even in volatile markets.

What Sets Morpho Apart?

Morpho isn't just another DeFi lending protocol. It's a fully immutable, non-custodial infrastructure that offers:

• Customizable risk profiles per asset: Choose vaults with tailored collateral exposures and risk parameters — something legacy protocols like Aave and Compound can’t offer.

• Separation of protocol and risk: Unlike monolithic protocols, Morpho separates lending logic from risk strategy. Curators (e.g. Steakhouse) build vaults with full transparency and constant monitoring — so your risk is never a black box.

• Immutable and minimal smart contracts: The Morpho contracts are lean (~1,200 lines), immutable, and auditable — reducing attack surface and eliminating upgrade risk.

Who Is This For?

• DAOs allocating protocol reserves

• Crypto companies optimizing balance sheets

• Treasury managers seeking passive yield

• Users holding blue-chip assets in Safe{Wallet}

Why Yield Stays High — Without Extra Effort

Morpho’s lending architecture uses peer-matching and deep onchain liquidity to keep capital productive. You earn optimized returns with minimal idle time and retain full liquidity when it’s time to exit.

Always-On Risk Oversight

Every vault is monitored in real time by the Steakhouse Financial team. You get:

• On-chain risk reports and live dashboards

• Alerts when vault conditions change

• Full transparency with DAO-grade governance standards

You maintain control. Experts manage the complexity.

Powered by Proven DeFi Specialists

Disclaimer The Kiln DeFi, Morpho Borrow and Vault products and features described herein are not offered or controlled by Core Contributors GmbH, Safe Ecosystem Foundation, and/or its affiliates. Yield-bearing products are not an investment or an offer to buy or sell your assets. The reward rate is subject to change at any time due to availability and changes in market conditions.

These Morpho products and features may not be available in all regions, and their availability may change or be restricted without notice. Third-party providers or networks may charge fees, for which you are solely responsible. Your use of these products and features may also be subject to taxes depending on where you reside and/or access them. You are solely responsible for compliance with all applicable laws and regulations that may apply to your use of the products and features.

This information is for general information purposes only and should not be considered an offer to invest in, buy, or sell any assets or to participate in any investment strategy, nor should it be construed as financial, legal, accounting, or tax advice. Before making any financial decisions, it is important to consult with your own professional advisors. No guarantees are made regarding the accuracy of this information or the future performance of any digital assets, financial instruments, or market indicators.

Core Contributors GmbH, Safe Ecosystem Foundation, and/or its affiliates may have relationships with the entities mentioned herein. Core Contributors GmbH, Safe Ecosystem Foundation, or its affiliates are not responsible for, and do not endorse, any external links or third-party websites contained in this material, or any other material not published on their respective website or platform.