Your ETH goes to work on Startale App
Your ETH goes to work on Startale App
Startale App has introduced a new Earn vault today, expanding the assets you can put to work directly from the app. Earn now supports ETH alongside USDSC, with more assets to come.
The new ETH vault is curated by Gauntlet and powered by Morpho, giving users a simple way to earn on their ETH through their Startale Smart Wallet on Ethereum.
Alongside the new ETH vault, we’ve also rebuilt the Earn experience from the ground up, making it easier to see what your assets are earning, explore available opportunities and understand your potential returns before you deposit.
Here’s what’s new.
A clearer way to see your earnings
- Everything in one balance: Shows your total balance across every vault together with all your earnings generated to date. You can also see your total deposits and an estimate of what they would earn over a year at current rates.
- Earnings on what you already hold: Shows what each asset in your wallet would earn over a year if you deposited it into its vault.
- Know your potential earnings before you deposit: Enter an amount into the deposit screen and Earn will show your estimated earnings by day and by year, based on the current rate.
- Get the full picture: Historical APY and TVL, a breakdown of where the rate comes from, the strategy and who runs it, the contract address and an activity tab with every deposit and withdrawal.
How to deposit into the ETH vault
The ETH vault is on the Ethereum network. Deposits come from your Startale Smart Wallet on the Ethereum network, and the vault takes WETH.
If you are holding ETH, swap it to WETH in the app before depositing. Earnings compound automatically. Your earnings are added directly to the value of your position, meaning the yield you earn can start earning yield of its own. There’s no need to claim or manually redeposit your earnings.
The ETH vault is currently available exclusively to Startale Smart Wallets. External wallets such as MetaMask cannot deposit directly into the vault.
What the ETH vault costs
There are no fees on deposits into the ETH vault, and only a small fee applies only to earnings when you withdraw.
Withdrawals are subject to available liquidity. Because the vault lends WETH to borrowers, you can withdraw instantly up to the amount currently available. If you request more than the available liquidity, the remaining amount will become available as borrowers repay or additional liquidity enters the vault. Your position continues to earn while you wait.
Full fee details are in the FAQ.
Start earning
Open the app, go to Earn, and see what your holdings could be making.