Robinhood Earn

Robinhood Earn is Robinhood's self-custody savings product on the chain: a user holds USDG and lends it through Morpho for a yield quoted around 7% APY at launch, keeping custody in their own wallet rather than depositing to Robinhood. Robinhood has said the product carries insurance arranged via Lloyd's of London and RELM. The yield is a market rate that moves, not a guaranteed one.