Noya Star points have come in
- Deposited 30K USDC into the Morpho USD Looping Vault
- 100 USDC is a 3-month bond
- 358K points per day
- 2808 Stars came in just one day after depositing yesterday
- Multiplier is x1.2
- At this rate, I’ll be at level 7 by next week?!
The vault has been idle since 3 AM, so the APY is rapidly decreasing
It seems there’s currently no strategy being implemented at Morpho
Do well, Noya
Paguparal
I deposited $30K into Noya.
Honestly, I don't really know what @NetworkNoya is, but it seems like they offer Vault and DeFAI Agent services using AI.
I couldn't find my investment back, but when I posted something on Twitter recently, the Founder replied directly, so we had a bit of a discussion. Anyway, I heard the stable vault APY exceeds 50%.
I was planning to watch how it works a bit more, but I thought I’d have to put in some money to find out, so I went ahead and deposited.
When you deposit, you earn points called Stars, and as the Stars accumulate:
- The multiplier increases
- Benefits that come with it (?): Custom links, private groups, merchandise, elder groups, etc.
Regardless, if they’re offering over 50% APY in stablecoins, why not?
However, they charge a high fee of 1% on the deposited amount and 20% on the interest, so I’m still unsure if it’s actually feasible.
Deposits are on Base, and withdrawals take 24 hours.
#NFA #DYOR
Paguferal
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