Lynn Brooke40 Acres - Overview
40 Acres introduces a new era of utility for veNFT holders, going beyond voting to unlock liquidity, automation, and passive income. Designed for users of veAERO and veVELO, this protocol enhances the way you interact with your locked assets - allowing you to borrow against them, automate compounding of rewards, and earn through lending. 🔍 What you will find in this article:What you need.Borrowing with veNFTs (without liquidation risk).How auto-compounding works.Earning yield through USDC le...
Lynn BrookeGetting Started with Rabby Wallet Mobile App
After familiarizing yourself with installing and starting the Rabby browser extension and the Rabby Desktop app, it's time to explore the Rabby Wallet's mobile application. Expanding the Rabby Wallet ecosystem to mobile devices enhances accessibility and convenience for managing digital assets on the go. This guide will specifically focus on importing a MetaMask address and adding a watch-only address. Quick Safety Tip for Mobile Wallets: When using mobile wallets, consider keeping ...
Lynn BrookeBridging xVELO to VELO: A Simple Guide
With Velodrome expanding as the Superchain hub, it has introduced xVELO as the token for non-Optimims networks like Ink, Soneium, and Mode. However, if you are looking to convert xVELO into VELO on Optimism, this guide will walk you thorugh two methods to get it done efficiently. 📌 What you will find in this article:How to swap xVELO to VELO using Velodrome’s native swap feature.How to use vFAT Tools as an alternative method.Useful tips for a smooth conversion process.✅ What you need:A walle...
✨Lynn Brooke exploring DeFi's world✨ Here I share simple how-to's from my experiences, easing the way for fellow DeFi explorers
Lynn Brooke40 Acres - Overview
40 Acres introduces a new era of utility for veNFT holders, going beyond voting to unlock liquidity, automation, and passive income. Designed for users of veAERO and veVELO, this protocol enhances the way you interact with your locked assets - allowing you to borrow against them, automate compounding of rewards, and earn through lending. 🔍 What you will find in this article:What you need.Borrowing with veNFTs (without liquidation risk).How auto-compounding works.Earning yield through USDC le...
Lynn BrookeGetting Started with Rabby Wallet Mobile App
After familiarizing yourself with installing and starting the Rabby browser extension and the Rabby Desktop app, it's time to explore the Rabby Wallet's mobile application. Expanding the Rabby Wallet ecosystem to mobile devices enhances accessibility and convenience for managing digital assets on the go. This guide will specifically focus on importing a MetaMask address and adding a watch-only address. Quick Safety Tip for Mobile Wallets: When using mobile wallets, consider keeping ...
Lynn BrookeBridging xVELO to VELO: A Simple Guide
With Velodrome expanding as the Superchain hub, it has introduced xVELO as the token for non-Optimims networks like Ink, Soneium, and Mode. However, if you are looking to convert xVELO into VELO on Optimism, this guide will walk you thorugh two methods to get it done efficiently. 📌 What you will find in this article:How to swap xVELO to VELO using Velodrome’s native swap feature.How to use vFAT Tools as an alternative method.Useful tips for a smooth conversion process.✅ What you need:A walle...
✨Lynn Brooke exploring DeFi's world✨ Here I share simple how-to's from my experiences, easing the way for fellow DeFi explorers
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Moonwell Vaults provide a simplified way to earn interest by depositing into single-asset pools on the Base network. Your assets, like ETH or USDC, are automatically optimized across Morpho Markets to maximize returns, with potential additional rewards from Morpho DAO.
What you will find in this article:
What you need:
Wallet: ensure your wallet is connected to Moonwell.
Available assets: have the assets you want to deposit ready in your wallet.
How to deposit in Moonwell Vaults
1)Access Moonwell Vaults:
Visit moonwell.fi and click on “Vaults” in the top menu.
Ensure you are in Base network to view the available vaults.
2)Select a Vault:
On the Vaults page, review the available options along with details like asset type and current APY.
Click on the Vault for your chosen asset (ETH or USDC, in our case, USDC). Moonwell will only activate the “Deposit “ button for those assets you currently own in your wallet.
3)Deposit Assets:
Click “Deposit” next to your selected vault.
Enter the amount you wish to deposit, or click “MAX” to deposit your full balance.
Review the details, including APY and any potential rewards.
Click “Approve” to allow Moonwell to use your tokens.
Confirm the transaction in your wallet.
4)Monitor your deposit:
Once the deposit is confirmed, your assets will appear in the vault, automatically earning interest.
You can track your deposits and earnings on the Vaults page.
Depositing in Moonwell Vaults is an efficient way to earn interest on your assets, with automatic optimization across Morpho Markets and the potential for additional rewards. Follow this guide to start leveragin your assets with confidence on Moonwell.
Lynn Brooke
This article serves educational purposes and is not financial advice. We encourage you to do your own research and be responsible for your actions in the financial space.
Moonwell Vaults provide a simplified way to earn interest by depositing into single-asset pools on the Base network. Your assets, like ETH or USDC, are automatically optimized across Morpho Markets to maximize returns, with potential additional rewards from Morpho DAO.
What you will find in this article:
What you need:
Wallet: ensure your wallet is connected to Moonwell.
Available assets: have the assets you want to deposit ready in your wallet.
How to deposit in Moonwell Vaults
1)Access Moonwell Vaults:
Visit moonwell.fi and click on “Vaults” in the top menu.
Ensure you are in Base network to view the available vaults.
2)Select a Vault:
On the Vaults page, review the available options along with details like asset type and current APY.
Click on the Vault for your chosen asset (ETH or USDC, in our case, USDC). Moonwell will only activate the “Deposit “ button for those assets you currently own in your wallet.
3)Deposit Assets:
Click “Deposit” next to your selected vault.
Enter the amount you wish to deposit, or click “MAX” to deposit your full balance.
Review the details, including APY and any potential rewards.
Click “Approve” to allow Moonwell to use your tokens.
Confirm the transaction in your wallet.
4)Monitor your deposit:
Once the deposit is confirmed, your assets will appear in the vault, automatically earning interest.
You can track your deposits and earnings on the Vaults page.
Depositing in Moonwell Vaults is an efficient way to earn interest on your assets, with automatic optimization across Morpho Markets and the potential for additional rewards. Follow this guide to start leveragin your assets with confidence on Moonwell.
Lynn Brooke
This article serves educational purposes and is not financial advice. We encourage you to do your own research and be responsible for your actions in the financial space.
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