Bitwise’s Bold Venture: 6% APY on Stablecoins – A Match Made in DeFi Heaven?
In a move that has set the ton abuzz, Bitwise Asset Management has unveiled its newest onchain investor solution, a non-custodial vault curation, powered by the ever-so-clever Morpho, an onchain lending network. At the helm of this venture stands Jonathan Man, CFA, Head of Multi-Strategy Solutions and DeFi Strategies at Bitwise. With the backing of their 140-person technology and investment team, one can only imagine the heights to which they aspire. The initial vault, my dear reader, targets an annual percentage yield of up to 6% on stablecoins, with whispers of expansion into additional strategies and programmable, real-time risk management on Morpho’s modular architecture. How very forward-thinking!


