In 2024, we introduced Fuse Earn in partnership with Drift—a feature that lets you earn stablecoin yield without leaving the Fuse app.
Today, we’re excited to announce that Fuse Earn is expanding with Lulo Protect, bringing you more ways to earn yield on your stablecoin balance.
Lulo Protect Overview
Lulo is a savings platform that automatically monitors market conditions and rebalances your stablecoin deposits across four integrated platforms—Kamino, Drift, MarginFi, and Save. The Fuse Earn integration uses Protected Deposits, which is one of the two options (alongside Boosted Deposits) in Lulo's newest product, Lulo Protect.
Protected Deposits are called “protected” because Boosted Deposits (which earn a higher yield) serve as first-loss capital in the event of smart contract exploits, oracle failures, and bad debt events directly impacting the underlying protocols that Lulo rebalances across.
These loss mitigations do not apply to stablecoin depegs, Solana network failures, multiple underlying protocols failing simultaneously, failures within Lulo’s own smart contracts, or any losses that exceed the coverage provided by Boosted Deposits.
How To Get Started With Lulo Protect
Open your Fuse app
Navigate to the "Earn" tab
Here, you’ll see two deposit options: Lending Yield and Rebalancing Yield
Select “Rebalancing Yield” by Lulo
Select "Deposit" and specify the amount of USDC you want to deposit
Once the transaction is confirmed, you can view your balance and track your yield growth directly in the "Earn" tab
Before depositing stablecoins into Fuse Earn, please ensure you’re aware of the risks of using DeFi protocols.
Get Started Today
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