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What types of assets can I leverage? Any yield-bearing asset that has a Morpho lending market. That includes staked stablecoins (sUSDe, sDAI), yield-bearing ETH (wstETH, cbETH), and non-correlated assets for directional positions (ETH/USD, BTC/USD markets are coming soon to the frontend). How much leverage can I take? It depends on the Morpho market’s liquidation LTV. After the 2.5% buffer, most correlated pairs allow 3-8x. Non-correlated pairs typically support less because prices can diverge more. What’s the deal with correlated vs non-correlated? Correlated means the collateral and loan token track each other in price (like sUSDe and USDC). Lower liquidation risk, yield fee on profits. Non-correlated means they can move independently (like wstETH and USDC). Higher liquidation risk, deposit fee instead of yield fee. Can I change my position after I open it? Yes. That’s one of the biggest changes in v2. Increase leverage, add collateral, repay debt, or borrow against your collateral (non-correlated only). What happens if I get liquidated? Morpho liquidators repay your debt and take your collateral. You lose everything in that position and get nothing back. Use supplyCollateral() or repay() to keep your LTV healthy. Can I exit early? Yes, deleverage() works anytime. You might face some swap slippage and won’t capture the full yield opportunity, but it works. What if there’s no swap route to exit? The contract owner can activate Manual Mode on your UserProxy, letting you manually repay, withdraw, and unstake through direct Morpho interactions only upon requested by the position owner. What are the fees? Correlated pairs: 10% on profits only (nothing if you break even or lose). Non-correlated pairs: up to 1% deposit fee on incoming capital. No management fees, no withdrawal fees. Is my money safe? The protocol is non-custodial. Your funds sit in an isolated UserProxy on Morpho. Multiple Top-tier audits have been made. But this is DeFi - smart contract risk, market risk, and oracle risk are real and you should understand them before participating. Who can interact with my position? Anyone can add collateral or repay debt on your behalf. Only you (the position owner) can deleverage, increase leverage, or borrow. What can the protocol owner do? Add or remove supported tokens and swap routers, adjust fees within the hardcoded caps, update the treasury address, and enable Manual Mode for user’s position (upon requested by the user). The owner cannot move your funds, change your position, or bypass the liquidation buffer.