Earn

The Earn page (previously called Vaults) has three parts:

• Supply: one card per Liquidium lending pool. Supply an asset and earn interest from borrowers.
• Borrow & earn: strategies with integrated Aave V3 and Morpho vaults that you can deposit into and withdraw from directly in the app.
• Guided borrow & earn: step-by-step strategies where you complete each Liquidium or third-party step yourself.

Open Earn in the app: app.liquidium.fi/earn. Old /vaults links redirect there.

Earn strategies are not automatic managed positions. You choose each transaction and approve it in your wallet. Some strategies support in-app deposits and withdrawals; others link to the relevant external protocol when a step is not integrated.

Supply Cards

Each Supply card shows the pool's live supply APR. The details show total supplied and utilization, and the Supply button opens the same supply flow as the pools page. The rate is variable. Supplied funds are lent out, so withdrawals depend on available pool liquidity. See Supply for the full flow.

What Strategy Cards Show

Strategy cards can show:

• Strategy name and protocol.
• Supported collateral, borrow, and yield assets.
• Strategy net APY and risk level.
• Whether the strategy is integrated (Borrow & earn) or guided.
• Strategy steps and available actions.

Integrated vault details can also show live third-party data such as TVL, liquidity, share price, performance fee, your wallet balance, and your current vault position. Availability depends on the protocol and connected wallet.

Integrated Vault Actions

For supported Aave V3 and Morpho vaults, connect the Ethereum wallet that owns the assets or position. The app can guide deposits, approvals, withdrawals, transaction status, and explorer links without sending you to a separate protocol interface.

Some ETH strategies can wrap ETH before deposit or unwrap WETH during withdrawal. Review every wallet request, token approval, network fee, and destination before confirming.

Current Strategy Examples

The strategy directory can include examples such as:

• Stablecoin yield strategies.
• BTC-backed borrowing strategies.
• Leverage loop strategies.
• Strategies that combine Liquidium borrowing with third-party yield protocols.

The exact strategy list can change over time. Use the live Earn page for the current set of integrated vaults, guided strategies, supported assets, available actions, and estimated returns.

Risk

Vault strategies can introduce risks beyond normal Liquidium borrowing:

• Borrow rates are variable.
• Third-party yields are variable.
• Net APY can become negative.
• Collateral volatility can cause liquidation.
• Third-party protocols can have smart contract, liquidity, oracle, or operational risk.
• Swaps can introduce slippage and execution risk.

Liquidium does not control third-party protocols. Users should review each protocol and transaction before proceeding.

For borrowing and liquidation-risk basics, see Borrow and Core concepts.

Strategy Net APY

Strategy net APY is not a deposit rate. For a borrow-and-earn strategy, net APY is the strategy yield minus your Liquidium borrow rate. For a leverage strategy, it is the return at maximum leverage: the supply yield on the full looped position minus the borrow rate on the borrowed part.

Both rates change over time with Liquidium rates, third-party yields, utilization, and asset prices. Your collateral can be liquidated if its value drops, and higher leverage is liquidated sooner.

For live Liquidium pool rates, utilization, and market availability, see Insights. Use the live Earn page for current strategy estimates.

Leverage Loop Strategy

Leverage loop strategies use borrowed funds to increase exposure to an asset or position. They can amplify returns, but they also amplify risk.

Higher leverage increases liquidation risk. Review your portfolio health and every transaction before proceeding.