According to COINOTAG news from October 10, 2024, DeFi lending protocol Morpho Labs has forged a strategic alliance with the Binance Web3 wallet to introduce a limited-time deposit bonus event, offering an impressive annual percentage rate (APR) of up to 60%. The partnership has successfully integrated Morpho into Simple Earn, enabling users to access exclusive rewards by depositing into the designated Morpho Vault via the Binance Web3 wallet. The promotional event commenced at 8:00 AM Beijing time on October 10, 2024, and will conclude at 7:59:59 AM on October 24, 2024. Participants are required to deposit a minimum of 25 USDC or 25 USDT into the specified Vault to unlock additional incentives. Importantly, this bonus will be limited to the first 7 million US dollars deposited across each Vault, ensuring a competitive opportunity for early participants.