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Coinbase USDC lending now offers up to 10.8% APY through the Morpho Protocol integration, which actually marks a pretty significant expansion in decentralized finance access for mainstream users. The new USDC lending feature allows users to earn substantially higher yields compared to traditional savings accounts, and also maintains the familiar Coinbase interface that millions of users have come to trust over the years. Coinbase app lending interface screenshot – Source: Coinbase Maximize Returns with Coinbase’s 10.8% APY USDC Lending on Morpho Protocol Hand holding smartphone displaying Coinbase USDC loan application screen with Bitcoin collateral option – Source: CoinDesk How Coinbase USDC Lending Works Through Morpho Protocol Morpho Protocol dashboard interface – Source: Morpho The Coinbase lending service operates through smart contract wallets that automatically route USDC deposits into Morpho Protocol vaults, which is pretty neat if you think about it. Whe...

Seamless Protocol, a fork of Aave v3 deployed on Base, enables smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain. A collaboration across decentralized finance (DeFi) developers is introducing a non-custodial liquidity market s on layer-2 network Base, promising to enable trustless smart contracts to automatically connect liquidity pools with borrowing strategies. Behind the initiative are developers from Seashell, RNG Labs, and Loreum Labs, along with advisers and collaborators from Ampleforth, Uniswap and other projects. The group built the Seamless Protocol, a fork of Aave v3 that allows smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain. "As an analogy, Borrowing Strategies are like single-purpose loans, such as home, auto, or school loans — the supplier knows exactly where the liquidity is being used, and the borrower is unable to use it for different purposes,” ...