🚨 Your USDC doesn’t have to sit idle anymore! For years, DAOs and treasuries have treated USDC as a static reserve. Safe, but unproductive. With csUSDC, you have the ability to earn yield and unlock liquidity at the same time. Here’s how it works ↓ Built for Capital Efficiency When you deposit USDC into the Coinshift USDC vault on Morpho, you receive csUSDC — an ERC-4626 token representing your position. csUSDC earns passive yield through Morpho Blue, powered by curated, high-quality lending markets like cbBTC, wstETH, and csUSDL. csUSDC is also usable as collateral to borrow USDL—a stablecoin that earns from U.S. Treasuries via Paxos USDL. This means you can access liquidity without exiting your yield position. → Earn yield → Borrow against your position → Stay fully onchain No need to unwind your position. You earn while you borrow. What This Enables • Passive yield on your USDC • Access to USDL liquidity (currently ~2.2% borrow rate) • Optional looping to amplify Shift points and rewards • No staking. No lockups. Just flexible, onchain capital You can even unwrap wUSDL to USDL and swap it back to USDC — effectively creating a feedback loop of productivity. Yield Breakdown The yield from csUSDC is made up of: → Base lending yield from Morpho strategies → MORPHO token rewards → Bonus 2x Shift points This structure makes csUSDC one of the most capital-efficient vaults in DeFi. Safe by Design • No external oracles — prices are hardcoded and onchain • No auto-liquidation bots — risk is managed manually under Morpho v1.1 • Vault fully complies with Coinshift’s standards for transparency and control So who is csUSDC is ideal for? → DAO treasuries seeking efficient USDC deployment → DeFi-native users optimizing their capital stack → Yield farmers looking for composable building blocks Ready to put your USDC to work? Try csUSDC now ↓