Bitwise Launches PAPY RWA Vault on Morpho
The vault lends AUSD deposits against overcollateralized tokenized real-world assets to generate yield.
TLDR
Crypto.news posted that Bitwise launched PAPY, a premium RWA vault on the Morpho lending protocol. The product lets users deposit AUSD to earn yield through loans backed by overcollateralized tokenized real-world assets. Their announcement includes a photo link but supplies no figures on returns, asset types, fees, or launch timing. The source summary repeats the same details without adding performance data or third-party confirmation.
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