🌜🌛 Moonwell Morpho Earn

A Clawdbot / OpenClaw skill for earning yield on USDC via the Moonwell Flagship USDC vault on Morpho (Base network).

Why Moonwell Flagship USDC?

The Moonwell Flagship USDC vault is one of the safest places to earn yield on Base. Here's why:

🏛️ Powers Coinbase's Borrow Products

The Moonwell Flagship USDC vault provides over $20 million in liquidity to Coinbase's Bitcoin and Ethereum borrow products. When Coinbase users take out loans against their cbBTC or ETH, that liquidity flows from this vault. This institutional-grade integration speaks to the vault's reliability and security.

🛡️ Conservative Risk Management

Unlike aggressive yield strategies, Moonwell vaults prioritize capital preservation:

• Blue-chip collateral only — Loans are backed by established assets like ETH, cbETH, wstETH, and cbBTC
• Conservative LTV ratios — Borrowers must maintain healthy collateral levels
• Isolated markets — Risk is compartmentalized; issues in one market don't affect others
• No rehypothecation — Your USDC isn't lent out recursively

🔒 Multi-Layer Security

The vault employs a robust governance structure:

🔬 Battle-Tested Infrastructure

• Morpho's codebase — Under 650 lines of Solidity, fully immutable, extensively audited
• ERC-4626 compliant — Standard vault interface ensures broad compatibility
• On-chain transparency — All vault logic executes on-chain with full visibility
• No upgradeable proxies — What you see is what you get

📊 Sustainable Yields

Current APY breakdown:

• Base yield: ~4% from borrower interest
• Reward incentives: ~0.5-1% in WELL + MORPHO tokens (via Merkl)
• Total: ~4.5-5% APY

Yields come from real borrowing demand, not unsustainable token emissions. Rates vary based on market conditions — check current APY with npx tsx status.ts.

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What This Skill Does

This skill enables AI agents to:

• Deposit USDC into the Moonwell vault to earn yield
• Monitor positions with beautiful formatted reports
• Auto-compound rewards (WELL + MORPHO tokens → USDC → reinvest)
• Withdraw funds when needed
• Smart scheduling — compound frequency adapts to deposit size

Vault Details

Installation

For Clawdbot Users

# Clone to your skills directory
cd ~/clawd/skills
git clone https://github.com/moonwell-fi/openclaw-morpho-earn.git morpho-yield

# Install dependencies
cd morpho-yield/scripts
npm install

# Run interactive setup
npx tsx setup.ts

For Other Agents

The skill can be adapted for any agent framework. The core scripts in scripts/ are standalone TypeScript files using viem for Ethereum interaction.

Quick Start

cd scripts

# 1. Configure wallet and preferences
npx tsx setup.ts

# 2. Check vault status and APY
npx tsx status.ts

# 3. Deposit USDC (requires USDC + ETH for gas on Base)
npx tsx deposit.ts 100

# 4. Check your position
npx tsx report.ts

# 5. Compound rewards when ready
npx tsx compound.ts

Commands

Reports

The skill generates beautiful reports for chat platforms:

🌜🌛 Moonwell Yield Report

📊 Position
├ Value: $1,234.56 USDC
├ Base APY: 4.09%
└ Total APY: ~7.59%

🔄 Recently Compounded
├ 310.68 WELL → $1.43 USDC
├ 0.91 MORPHO → $1.01 USDC
└ Total: +$2.44 reinvested

💰 Estimated Earnings
├ Daily: ~$0.26
└ Monthly: ~$7.80

⛽ Gas: ✅ 0.0021 ETH
🔗 Wallet: 0xc6d8...cdf5

Smart Compound Scheduling

The skill automatically adjusts monitoring frequency based on position size:

Configuration

Config files are stored in ~/.config/morpho-yield/:

config.json — Wallet and RPC settings

{
  "wallet": {
    "source": "file",
    "path": "~/.clawd/vault/morpho.key"
  },
  "rpc": "https://mainnet.base.org"
}

preferences.json — Notification and compound settings

{
  "reportFrequency": "weekly",
  "compoundThreshold": 0.50,
  "autoCompound": true
}

Wallet Options

The skill supports multiple wallet sources:

1. Private key file (recommended for agents)

   { "source": "file", "path": "~/.clawd/vault/morpho.key" }
   

2. Environment variable

   { "source": "env", "env": "MORPHO_PRIVATE_KEY" }
   

3. 1Password (requires op CLI)

   { "source": "1password", "item": "Morpho Wallet" }
   

Security Considerations

⚠️ This skill manages real funds. Please review carefully:

• Private keys are loaded at runtime and never logged
• All transactions are simulated before execution
• Contract addresses are verified on each run
• The wallet should be a dedicated hot wallet with limited funds
• Review all script code before use — this is open source for transparency
• Gas (ETH) is required on Base for transactions

Recommended Setup

1. Create a dedicated wallet just for this skill
2. Fund it with only what you're comfortable having in a hot wallet
3. Keep the private key in a secure location (encrypted file or 1Password)
4. Monitor the wallet's activity periodically

How Rewards Work

The Moonwell vault earns rewards beyond the base APY:

• MORPHO — Morpho protocol incentives (~1.5% APR)
• WELL — Moonwell governance token (~2% APR)

Rewards are distributed via Merkl and update approximately every 8 hours. The compound.ts script handles:

1. Claiming rewards from Merkl distributor
2. Swapping tokens to USDC via Odos aggregator
3. Depositing USDC back into the vault

Dependencies

• Node.js 18+
• viem — Ethereum interaction
• tsx — TypeScript execution

Links

• Moonwell — DeFi lending protocol
• Moonwell Docs — Vault documentation
• Morpho — Lending optimizer
• Vault on Morpho
• Clawdbot — AI agent framework
• ClawdHub — Skill registry

License

MIT

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Built with 🌜🌛 by Moonwell