Glare USDG

USDG is the asset at the centre of Glare. You supply it to lending vaults on Robinhood Chain to earn, and you borrow it against tokenized stocks. Everything you do with USDG happens through your own wallet, on-chain.

Supplying puts it to work across Morpho markets. Three vaults are live: Steakhouse USDG, Purinta USDG and MEV Capital USDG. Each one names its curator and its contract address, so you can check where your USDG is deployed before you deposit.

Deposit USDG

Put in USDG and receive vault shares in return.

Vault deploys

Your USDG is supplied to Morpho markets by the vault's curator.

Earn

Interest accrues to the vault. Holdings and positions are on-chain.

Withdraw USDG

Get USDG back according to the vault terms.

Liquidity

Withdrawals are paid from funds the vault has available. Deposits that haven't been allocated yet serve withdrawals first; positions already put to work unwind back through the router. Check the vault screen for current availability before a large withdrawal.

Risk management

A USDG vault carries three kinds of risk:

• **Smart contract risk** Audits review contract code for known bug classes. An audit checks a point in time and never proves the code is bug-free. Check each vault's page for its current review status.
• **Market risk** Returns follow the market. A vault's deposits are exposed to whichever Morpho markets its curator chooses.
• **Liquidity risk** Withdrawals return USDG according to the vault terms. Check the vault screen for current liquidity before you deposit.