We are excited to announce that our upgraded Lending Vaults are now live in the Bake app. These vaults are powered through a strategic partnership with NuWealth, bringing enhanced risk management and optimized on-chain yield opportunities for our users.
As part of this upgrade, the vaults use Morpho as the core lending infrastructure. This combination allows us to deliver more efficient lending strategies with independent oversight and improved capital efficiency.
What strategies are available?
The upgraded vaults introduce three conservative lending strategies focused on blue-chip assets. These strategies are designed to provide stable and consistent returns while prioritizing risk management, even during volatile market conditions.
Which vaults are currently live?
Anchor USDC & Anchor USDT
Your favorite USD stablecoins now feature refreshed, market-driven APYs powered by Morpho. Rates are variable and reflect real-time market conditions.
Anchor EURC
Euro holders can now supply EURC directly in the Bake app and earn variable on-chain yield. At launch, rates are around 4% APY (APY is variable and may change).
Why does Anchor EURC stand out?
The European Central Bank deposit facility rate currently stands at 2.00% (as of February 2026). Anchor EURC offers a potentially more rewarding on-chain option for euro-denominated assets while maintaining transparent yield information within the Bake app.
Where can I check the current rates?
You can always view the current APY directly in the Bake app before confirming your deposit. Since yields are market-driven, rates may change over time.
Please don’t hesitate to contact us if you need any further assistance. We’re here to help!.