Trust Wallet, a leading non-custodial crypto wallet with over 200 million users, has introduced a new feature — Stablecoin Earn. It allows users to earn passive income on their stablecoins in a decentralized way, with no lock-ups.
📌 To celebrate the launch, Trust Wallet started a giveaway: by simply depositing into Stablecoin Earn, users can share $50,000 in MORPHO tokens. The rewards are split across 4 tiers:
| Tier 1 | 1st-10th places | $15,000 in MORPHO prize pool |
| Tier 2 | 11th – 40th places | $15,000 in MORPHO prize pool |
| Tier 3 | 200 random depositors | $19,500 in MORPHO prize pool |
| Tier 4 | 10 random reposters | $500 in MORPHO prize pool |
How to participate:
-
Download Trust Wallet app.
- Create a new wallet or import an existing one.
-
Go to the ‘Earn’ page and select stablecoin.
- To be eligible for the giveaway, only deposits of USDT, USDC, and USDA into Morpho vaults on Ethereum or Base are counted.
-
Tier 1: Share $15,000 in MORPHO.
- Deposit ≥ $1,000 worth of stablecoins and hold for at least 5 consecutive days.
- Winners will share the prize pool proportionally based on their total deposit amount.
-
Tier 2: Share 15,000 in MORPHO.
- Deposit ≥ $50 worth of stablecoins and hold for at least 5 consecutive days.
- Winners will share the prize pool proportionally based on their total deposit amount.
-
Tier 3: Share $19,500 in MORPHO.
- Deposit ≥ $5 worth of stablecoins.
- Holding for 5+ days is not required, but may improve chances.
- Winners will be randomly selected from all eligible depositors.
-
Tier 4: Share $500 in MORPHO.
- To join, repost the official event announcement on X.