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![LukeYoungblood Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::86364019.png) LukeYoungblood.eth 🛡️ [@LukeYoungblood](/creator/twitter/LukeYoungblood) on x 23.1K followers
Created: 2025-01-04 15:23:16 UTC

This exchange rate enables anyone to hold $mwUSDC in their self custodial wallet and earn yield over time. But where does the yield come from?

The base APY is paid by $USDC borrowers, and additional rewards are earned in the form of $WELL and $MORPHO liquidity incentives.

![](https://pbs.twimg.com/media/GgdXNNca8AEnOsZ.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1875563656844603463/c:line.svg)

**Related Topics**
[$well](/topic/$well)
[$usdc](/topic/$usdc)
[international finance](/topic/international-finance)
[currency pairs](/topic/currency-pairs)
[forex](/topic/forex)
[$mwusdc](/topic/$mwusdc)
[coins base ecosystem](/topic/coins-base-ecosystem)
[welltower](/topic/welltower)

[Post Link](https://x.com/LukeYoungblood/status/1875563656844603463)