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At Chorus One, our mission has always been to empower investors and institutions to securely and efficiently participate in decentralized finance. Today, we’re excited to share a major step forward in that journey — our collaboration with Morpho and Steakhouse Financial to deliver Chorus One Earn, a forthcoming stablecoin yield product that combines transparency, risk management, and competitive returns for USDC holders.
This collaboration brings together three leaders in the DeFi ecosystem with complementary expertise:
Together, we’re creating a simple, non-custodial way for users to earn yield on idle stablecoins, without compromising on control or oversight.
Stablecoins have become the backbone of onchain finance, yet most treasury and fund managers face the same challenge: how to earn predictable yield on stable assets while managing counterparty and liquidity risk.
With Chorus One Earn, we’re addressing that challenge head-on. The product provides access to curated stablecoin vaults powered by Morpho’s lending network and guided by Steakhouse’s risk-management expertise.
Through the Chorus One platform, users will soon be able to:
Our goal is to make the stablecoin yield experience as frictionless and transparent as possible – whether you’re a DAO, an institutional investor, or a DeFi protocol managing treasury assets.
Chorus One Earn will debut with two curated USDC vaults, both powered by Morpho. Each vault is designed to cater to a different investor profile, offering a choice between stability and higher yield potential. They differ in the range of risk that the curator onboards to each vault to create the target levels of liquidity and borrower interest.
A conservative strategy focused on predictable returns and capital preservation. This vault prioritizes exposure to blue-chip collateral and includes longer governance timelocks to ensure oversight and predictability. It’s an ideal fit for institutions prioritizing stability, liquidity, and transparent governance.
A dynamic, higher-risk strategy designed for investors seeking stronger yield potential. The High Yield vault allocates into emerging collateral categories, such as tokenized private credit and structured products, and features shorter timelocks for quicker adaptation to market opportunities.
Both vaults are bookended by the same infrastructure: robust risk-management frameworks and collateral underwriting and real-time monitoring and 24/7 reallocations.
Every aspect of Chorus One Earn is designed with control and clarity in mind. Depositors retain full custody of their assets and can monitor vault activity in real time. Yield generation is powered by transparent, auditable smart contracts – not opaque off-chain processes.
By integrating Morpho’s lending optimization and Steakhouse’s asset management expertise into our infrastructure, we’re setting a new benchmark for how stablecoin yields can be earned safely and efficiently onchain.
Today’s announcement marks the beginning of this collaboration – the full product launch is coming soon. When it goes live, Chorus One Earn will be available directly through our Widget, dApp, and SDK, giving users multiple ways to integrate stablecoin yield into their treasury operations or DeFi platforms.
We’ll share more details, including performance data and onboarding timelines, in the official launch announcement.
To be the first to access Chorus One Earn when it launches, sign up for updates at chorus.one or follow us on X and LinkedIn.
