SGR 33: 9SETHc 03/25

Gauge Request Presentation:

• Targeted Pair: 0xbfa08a30f4fb621021e8c89f9f9ce5ca06a16fb1
• IBT contract address: 0xF540D790413FCFAedAC93518Ae99EdDacE82cb78
• Spectra Wrapped IBT : 0x916cD56a5FBBeae186f488F4DB83b00C103B46e7
• Current TVL on in the Pair’s liquidity: $9.7M
• Current TVL as IBT: $9.7M
• Twitter link: Morpho
• Chain : Base

Simple summary:

The 9Summits WETH Core Morpho vault is curated by 9summits and aims to optimize interest earned from lending WETH on various LRT/LST denomitated markets

Benefit of this integration for 9summits and Morpho

• More liquidity
• Increased visibility
• Additional yield opportunities for their community

Benefit of this integration for Spectra

• More yield opportunities for APW holders
• Increase Spectra’s tokenized TVL
• Increased Visibility for Spectra

Metrics:

• The current APY is 0.99% in ETH, 2.75% in MORPHO
• Morpho’s total TVL on Base is $361M