How to Make a Deposit in Morph Concrete Vaults for Automated Yields
If you do not yet have assets on Morph, please read our various guides on how to bridge assets to Morph first:
- How to Bridge ETH to Morph (Official Bridge)
- How to Bridge ETH to Morph with Orbiter Finance
- How to Bridge ETH to Morph with Owlto Finance
- How to Bridge weETH to Morph with Stargate
Morph Concrete Vaults are automated yield-generating vaults that let you earn returns on your crypto assets with just a single deposit. For a deeper understanding of how these vaults work and their benefits, please read our article How Concrete Simplifies DeFi for Morph Consumers.
Note: Concrete is offering a 7x Morph Point multiplier for a limited time as part of our DeFi Frenzy campaign.
- Alternatively, you can see all available vaults through our DeFi Rewards page.
- Click the Connect Wallet button on the top right of the page.
- Select your preferred wallet, log in, and accept the pop-up prompts to connect your wallet to Morph. For this example, we will continue with Bitget Wallet, but the process will be similar regardless of the wallet you use.
- Once connected, select the appropriate tab for the type of token you wish to deposit. For this example, we will continue with the Major Tokens category.
- Scroll down to the Deposit module, select the desired token from the dropdown list, enter the amount you wish to deposit, and click the Deposit button. For this example, we will continue with WETH.
- Review, Approve, or Confirm the transaction in your wallet.
- Once successful, you will receive an equivalent sum of ctMorph[Asset] (in this case 0.002 ctMorphWETH) viewable in the Vault Share section.
Please Note: Concrete Morph Vaults are in an initial deposit stage. Once vaults start to deploy funds and conclude their yield strategies, earnings will become available for withdrawal within 1-3 months after launch.
Additional instructions or guides will be provided at that time.
To help you get an estimate of your Morph Points earning potential during our promotional periods, we’ve included an easy-to-use calculator below.
- Simply enter the USD value of your deposit, the number of days your deposit will be held, and select the specific protocol pool or vault.
- Our calculator will automatically factor in ETH’s current price and other parts of our points formula including the multipliers and coefficients.
- To see the estimated value of your Morph Points based on market prices on Whales Market or Bubbly, simply check current prices and enter them into the last field.
- Please note: The 7x promotional multiplier only applies to the first 7 days between Monday, Feb 24, 9 am EST - Monday, March 3, 9 am EST. Be mindful of the days left in the promotional period when selecting the days in the calculator.
