Skip to content

Features

Earn

Put idle dollars to work — non-custodially. Read this page in full: Earn is access to third-party lending markets, not a StableAccount product, and you bear…

Put idle dollars to work — non-custodially. Read this page in full: Earn is access to third-party lending markets, not a StableAccount product, and you bear the risk.

In plain terms: Earn lets your idle dollars be lent out to borrowers through independent, automated lending services (called “vaults”). The interest those borrowers pay becomes your yield. StableAccount runs none of this — you’re using third-party services directly, and your money can be lost. “Yield” means the return on your deposit; it is variable and not guaranteed. See the Glossary.

How it works, step by step

  1. Choose an amount of idle USDC to deposit.
  2. StableAccount deposits it into third-party ERC-4626 lending vaults on Base (e.g. vaults from Morpho, such as Steakhouse or Gauntlet, and Spark). These vaults are operated by independent third parties and, according to those providers, have undergone third-party security audits. StableAccount does not audit these vaults, does not verify audit status, and makes no representation about their security. Audits reduce but do not eliminate risk.
  3. Your position earns yield while it sits in the vault. Any yield generally arises from borrowing demand in those third-party markets and may also reflect incentives or other protocol mechanics. The APY is shown live and is variable.
  4. Withdraw subject to available liquidity — funds return to your ”$” balance as long as the vault has enough available liquidity at that moment. In rare stressed conditions, withdrawals can be delayed or unavailable.

Deposits and withdrawals are non-custodial — funds sit in the protocol you deposited to, under your control, not with StableAccount.

What Earn is NOT

  • Earn is access to third-party DeFi lending markets, not a StableAccount product. StableAccount does not lend your money, does not set the rate, and does not custody your Earn balance.
  • Earn yield is variable and NOT guaranteed. We make no projection or promise of any return. Past or displayed APY is not a promise of future returns.
  • Earn is not a deposit and not a bank account.
  • There is no deposit insurance on Earn balances — no FDIC, no EU deposit guarantee, no protection fund, no principal guarantee.

Risks you bear

When you use Earn, you bear the risk, including:

  • Smart-contract risk — vaults are software; even code described by its provider as audited can still contain bugs or be exploited. Audits reduce but do not eliminate this risk, and an exploit can result in partial or total loss.
  • Market risk — rates vary and can reach zero at any time; in stressed conditions vault liquidity or the value of underlying positions can be affected, and market events (including defaults, bad debt, or liquidity stress in a vault) can reduce yield or cause loss of principal.
  • Liquidity risk — withdrawals depend on protocol liquidity and availability.

Earn is access to third-party DeFi lending. It is not investment advice or a recommendation, and StableAccount does not act as your adviser or fiduciary. Only you can decide whether it is appropriate for you. See Compliance & risk.

Where Earn is available

Earn is available from a personal account and from a multisig account. Availability and features vary by jurisdiction and may be unavailable in certain regions.