According to CoinMeta, morph has announced a partnership with the yield strategy platform gauntlet and the on-chain credit protocol morpho, providing institutional-level on-chain yield strategies for users of bitget, bitget, and wallet. This collaboration further expands the application scenarios of morph as a payment and settlement infrastructure for Web3, and promotes institutional-level on-chain financial services to reach a wider range of users. Users can directly deposit USDC or BGBTC (which includes bitget, wrapped, and bitcoin) in bitget and bitget to participate in on-chain yield strategies. The annualized yield rate for USDC is expected to be around 18%, while that for BGBTC is expected to be around 3%. The BGBTC yield strategy will be launched on bitget and exchange on July 31st, and the USDC yield strategy will be launched on bitget and wallet on August 3rd.