BlockBeats News, July 31st, Uniswap announced that the yield product Earn has been launched on the Uniswap web interface and wallet. Users can deposit USDC, USDT, and ETH to earn yield without leaving Uniswap. The inaugural version of the product supports the Ethereum mainnet, and the deposited funds will be allocated to on-chain lending markets, with the interest paid by borrowers continuously converted into user earnings.

Earn adopts a self-custody model, where users only need to sign once to complete a deposit. Users have full control over their funds from deposit to withdrawal, with no lock-up period or cooldown period, allowing for instant withdrawal. The underlying treasury infrastructure is provided by Morpho, with management handled by Gauntlet.

Users can access the supported asset page on the Uniswap web interface or wallet, or find Earn through the Explore page, select the deposit amount, and confirm the transaction. If users do not hold the supported assets in the treasury, they can first exchange or purchase them using fiat. Uniswap does not charge an Earn usage fee, but users are still required to pay standard network fees.