Last Updated: March 2026
Please read these Terms of Use ("Terms") carefully before using Quicknode Earn ("Earn Services"), operated by QuikNode, Inc., dba "Quicknode" ("Quicknode," "we," "our," or "us"). By accessing or using the Earn Services, you agree to be bound by these Terms.
By accessing or using Quicknode Earn, you agree to these Terms and our Privacy Policy. If you do not agree to these Terms, do not use the Earn Services. These Terms constitute a legally binding agreement between you and Quicknode.
We reserve the right to update or modify these Terms at any time. Continued use of the Earn Services following any such changes constitutes your acceptance of the revised Terms. We will indicate the effective date of the most recent update at the top of this page.
Quicknode Earn is a non-custodial yield optimization service that enables users to deposit digital assets into decentralized lending markets, currently including Morpho, deployed across multiple blockchains. The Earn Services help you allocate and reallocate your deposited assets across eligible lending markets to seek higher yields. All deposits, withdrawals, and reallocations are executed as onchain transactions on the Base network — there is no off-chain settlement, no custodial leg, and no third-party intermediary holds your funds at any point.
Key characteristics of the Earn Services:
To use the Earn Services, you must connect a self-custodial digital asset wallet (such as MetaMask or another EIP-1193-compatible wallet) that you own and control. Quicknode does not create, host, store, or have any access to your wallet, your private keys, or your seed phrase. Connecting your wallet establishes a session that allows the Earn interface to display your balances and positions; it does not, by itself, grant Quicknode or the Earn smart contracts the ability to move your assets.
Before any deposit, you must sign a token approval transaction from your own wallet that authorizes the Earn smart contract to transfer a specified amount of the relevant token (for example, USDC) on your behalf. You may revoke or modify this approval at any time, directly onchain, using your wallet or any standard token-approval management tool.
When you initiate a deposit, you sign and broadcast the transaction from your own wallet and pay the associated network (gas) fees. The Earn smart contract then pulls the approved tokens directly from your wallet and supplies them to the selected lending markets in the same atomic transaction. The shares or receipt tokens issued by those lending markets are held by the Earn smart contract on your behalf and are recorded against your wallet address.
When you initiate a withdrawal, you likewise sign and broadcast the transaction from your own wallet. The Earn smart contract redeems the underlying shares from the lending markets and transfers the resulting tokens directly back to your wallet address in the same transaction.
Reallocations between lending markets (each, a "Rebalance Event," as defined in Section 7) also require a transaction signed from your wallet. Quicknode's backend monitors market conditions and surfaces a recommended reallocation in the Earn interface, but Quicknode cannot and does not execute deposits, withdrawals, or reallocations on your behalf. At no point do your assets pass through, or come under the control of, a wallet, account, or address operated by Quicknode.
To use the Earn Services, you must:
By using the Earn Services, you represent and warrant that you meet all eligibility requirements.
Nothing in the Earn Services or these Terms constitutes investment, financial, tax, legal, or other professional advice. Quicknode does not make any representations or warranties regarding expected yields, returns, or the performance of any lending market or protocol. Past performance is not indicative of future results.
You are solely responsible for evaluating the risks and suitability of the Earn Services for your individual circumstances. We strongly encourage you to consult with a qualified professional before making any decisions based on information provided through the Earn Services.
By using the Earn Services, you expressly acknowledge and accept the following risks:
The Earn Services interact with smart contracts on multiple blockchains, including contracts operated by Morpho and Quicknode. Smart contracts may contain bugs, vulnerabilities, or be subject to exploits that could result in the partial or total loss of your deposited digital assets. While these contracts have been audited, no audit guarantees freedom from all vulnerabilities.
The underlying lending protocols (Morpho) are operated by independent third parties. These protocols may be subject to governance changes, parameter adjustments, liquidity crises, or insolvency events that could affect the availability or value of your deposited assets or accrued yield.
All yield rates are variable and determined by onchain market conditions, including supply, demand, and protocol parameters. Yields may decrease significantly, including to zero, at any time. There is no guaranteed return associated with the Earn Services.
Certain protocol operations may rely on onchain price oracles. Oracle failures, manipulation, or inaccuracies may result in unexpected outcomes within the underlying lending markets.
The Base blockchain and Ethereum mainnet may experience congestion, outages, reorganizations, forks, or other technical issues that could delay or prevent execution of deposits, withdrawals, or reallocations.
All onchain transactions require payment of gas fees on the Base network. Gas costs are dynamic and may be significant relative to the value of your transaction. Gas fees are non-refundable and are borne solely by you.
The regulatory treatment of decentralized finance, digital assets, and yield-bearing instruments is evolving and uncertain. Changes in applicable law or regulation could affect the legality, availability, or functionality of the Earn Services in your jurisdiction.
Software and infrastructure supporting the Earn Services may contain errors, may become unavailable, or may be subject to cyberattacks. Quicknode is not responsible for losses attributable to such events.
You are solely responsible for:
Quicknode charges a rebalance fee to recover and modestly mark up the cost of executing onchain transactions that move or bridge your deposited assets between lending markets within the Earn Services. The fee is calculated as the onchain gas cost (in U.S. dollar equivalent) of the executed transaction, multiplied by a per-chain multiplier published by Quicknode. No fee is charged on the principal you deposit, on deposits themselves, on yield earned, or on the act of withdrawing your assets to your own wallet.
"Rebalance Event" means any onchain transaction initiated by Quicknode's automated execution service that either (a) reallocates your deposited assets between eligible lending markets through the Earn smart contracts, or (b) bridges your deposited assets cross-chain through the Earn smart contracts. The rebalance fee is assessed and withheld automatically by the Earn smart contract at the time of each Rebalance Event, in the form of vault shares (or equivalent receipt tokens issued by the underlying lending market) of equal U.S. dollar value to the calculated fee. Because the fee is withheld in the form of shares you already hold, no separate fee transaction or fee payment from your wallet is required.
"Gas cost" means the U.S. dollar equivalent of the network gas consumed by a Rebalance Event, computed using the gas units consumed, the prevailing gas price on the relevant blockchain, and the prevailing U.S. dollar price of that blockchain's native gas token. "Per-chain multiplier" means a numeric multiplier published by Quicknode for each supported blockchain. The fee for a given Rebalance Event equals gas cost × per-chain multiplier. Cross-chain Rebalance Events combine the gas cost of the source-chain and destination-chain legs before applying the source-chain multiplier; the combined fee is withheld at the source side.
User-initiated transactions (deposits and withdrawals signed from your own wallet) are not Rebalance Events and incur no Quicknode fee, although you remain responsible for the network gas cost of those transactions.
Fees charged by the underlying lending protocols (e.g. Morpho), gas fees on the network, and any other third-party costs are separate from the Quicknode rebalance fee and are not controlled by, or paid to, Quicknode beyond the rebalance fee described above.
Reporting and accounting. Every fee withholding is recorded immutably on the relevant blockchain in the form of an onchain event emitted by the Earn smart contract. You, your accountant, or any third party may inspect these events at any time using a standard block explorer by querying the wallet address from which you deposited. The Earn interface additionally displays your strategy's gross value, cumulative fees withheld, and net value. Upon written request to legal@quicknode.com from the wallet address in question, Quicknode will provide a transaction-level summary of the fees associated with that address.
The Earn Services, including all associated software, interfaces, branding, and content, are owned by or licensed to Quicknode and are protected by applicable intellectual property laws. You are granted a limited, non-exclusive, non-transferable, revocable license to access and use the Earn Services solely for your personal, non-commercial purposes in accordance with these Terms.
You may not copy, modify, distribute, sell, or create derivative works based on any part of the Earn Services without our express written permission.
You agree not to:
THE EARN SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. QUICKNODE DOES NOT WARRANT THAT THE EARN SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE FROM HARMFUL COMPONENTS. QUICKNODE DOES NOT WARRANT THE ACCURACY, COMPLETENESS, OR RELIABILITY OF ANY INFORMATION PROVIDED THROUGH THE EARN SERVICES.
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, QUICKNODE AND ITS AFFILIATES, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, AND SERVICE PROVIDERS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF DIGITAL ASSETS, LOSS OF YIELD, LOSS OF DATA, OR LOSS OF PROFITS, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE EARN SERVICES, EVEN IF QUICKNODE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
IN NO EVENT SHALL QUICKNODE'S TOTAL LIABILITY TO YOU EXCEED THE GREATER OF (A) THE TOTAL FEES PAID BY YOU TO QUICKNODE IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED U.S. DOLLARS ($100.00).
Some jurisdictions do not allow the exclusion or limitation of certain damages. In such jurisdictions, the above limitations may not apply to you.
You agree to indemnify, defend, and hold harmless Quicknode and its affiliates, officers, directors, employees, agents, and licensors from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to: (a) your use of or access to the Earn Services; (b) your violation of these Terms; (c) your violation of any applicable law or the rights of any third party; or (d) any digital assets you deposit through the Earn Services.
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law provisions. Any dispute arising under these Terms shall be resolved by binding arbitration in accordance with the rules of the American Arbitration Association, conducted in English and seated in Wilmington, Delaware. You waive any right to participate in a class action lawsuit or class-wide arbitration.
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect. The invalid or unenforceable provision will be deemed modified to the minimum extent necessary to make it valid and enforceable.
You may stop using the Earn Services at any time, without notice to Quicknode and without any termination fee, by:
Disconnecting your wallet from the Earn interface does not, by itself, withdraw your deposited assets — your assets remain in the lending markets until you sign a withdrawal transaction. Because the Earn Services are non-custodial and operate via smart contracts on the Base blockchain, no action by Quicknode is required to terminate your use of the Earn Services, and you are not required to notify Quicknode that you have done so.
Quicknode reserves the right to suspend or discontinue the Earn Services, or any portion thereof, at any time and for any reason, including for legal, regulatory, security, or operational reasons. In the event Quicknode discontinues the Earn Services or the Earn interface, the underlying smart contracts on the Base blockchain will continue to permit you to withdraw your deposited assets directly onchain.
These Terms, together with our Privacy Policy and any other agreements expressly incorporated by reference herein, constitute the entire agreement between you and Quicknode with respect to the Earn Services and supersede all prior and contemporaneous understandings, agreements, representations, and warranties.
If you have any questions about these Terms, please contact us at:
QuikNode, Inc., dba "Quicknode" legal@quicknode.com quicknode.com