Gauge Request Presentation:
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