What is Earn
Quicknode Earn is a non-custodial USDC yield optimizer that watches approved Morpho vaults and rebalances your capital toward the highest eligible APY. The app calls the rebalancer Auto-Pilot.
TL;DR
- You deposit USDC through the Earn contract, which in turn deposits into one or more Morpho vaults. Earn never holds your funds.
- Auto-Pilot monitors APY and moves your capital when a higher-APY vault holds its edge long enough to be worth the move. See Creating a strategy for the configuration options.
- Your USDC lives inside approved Morpho vaults. During a cross-chain move it is briefly in transit through Circle's CCTP.
- Close anytime. No lockup, no token. To deploy more capital, create another strategy.
Why Earn exists
Morpho hosts a large set of USDC vaults, each curated by a different team. APY changes every time a vault is interacted with, so the best vault moves constantly. Tracking it manually means watching dashboards, comparing fees, and paying gas every switch. Earn does the watching, scores vaults every five minutes, and moves your position when a better vault clears the thresholds you set.
What "non-custodial" means here
Your USDC is never held in a Quicknode wallet. The Earn contract receives your transaction and forwards the USDC into a Morpho vault; the vault mints shares directly to your wallet. The Earn contract uses the per-vault approvals you grant to move shares between approved vaults during rebalances.
You can close anytime. Earn cannot redirect funds outside the approved vault set. Only your wallet can close a strategy. You can edit the strategy name, Sensitivity, Confirmation window, APY smoothing window, and hidden vaults, and pause/resume; the chain set, capital, Strategy Vaults count, Min vault size, and Min withdrawable liquidity are fixed at creation.
What Earn is not
- Not a fund. No pooled capital. Your position is yours, accounted on-chain.
- Not a token. No Earn token, no governance, no airdrop.
- Not an asset manager. Earn follows a fixed scoring rule.
- Not a lockup. Close anytime.
- Not anything other than USDC. Other stablecoins not supported.