According to BlockBeats, on October 10, according to official news, the DeFi lending protocol Morpho Labs announced a partnership with Binance Web3 wallet to launch an exclusive deposit reward activity with an APR of up to 60%.

Morpho is now integrated into Simple Earn, allowing users to enjoy exclusive rewards by depositing into designated Morpho Vaults through their Binance Web3 wallets.

The event will be held from 8:00 am on October 10, 2024 to 7:59:59 am on October 24, 2024 (GMT+8). During this period, all users who choose to participate and deposit at least 25 USDC or 25 USDT into the designated Vault will receive additional rewards. This bonus is only applicable to the first 7 million USD deposited in each Vault.