# Lending on Morpho

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**Please read the risks at the end of this page.**
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Users cannot lend assets directly on Morpho. They need to deposit the assets they want to lend into the Jarvis vaults on Morpho. The vaults are owned by the Jarvis DAO and curated by Jarvis LTD. Assets deposited within the vaults are lent in the various [existing markets](https://learn.jarvis.network/protocol-overview/borrowing-on-morpho).

### jEUR Vault

<table data-header-hidden><thead><tr><th width="158"></th><th></th></tr></thead><tbody><tr><td>Name</td><td>Jarvis jEUR Morpho Vault</td></tr><tr><td>Symbol</td><td>mjEUR</td></tr><tr><td>Address</td><td><a href="https://basescan.org/address/0x13f9e48e5240ba49f1f1838c81c6eb79c27fd467">0x13f9...d467</a></td></tr><tr><td>Morpho UI</td><td><a href="https://app.morpho.org/base/vault/0x13f9e48e5240bA49F1f1838c81c6eB79c27FD467/jarvis-jeur">See on Morpho</a></td></tr><tr><td>Performance Fee</td><td>10%</td></tr></tbody></table>

### USDC Vault

<table data-header-hidden><thead><tr><th width="158"></th><th></th></tr></thead><tbody><tr><td>Name</td><td>Jarvis USDC Morpho Vault</td></tr><tr><td>Symbol</td><td>mjUSDC</td></tr><tr><td>Address</td><td><a href="https://basescan.org/address/0xf6190f97f7ae540234f5924b8992b9c3fd8381b9">0xf619...81b9</a></td></tr><tr><td>Morpho UI</td><td><a href="https://app.morpho.org/base/vault/0xF6190F97f7AE540234f5924B8992b9C3FD8381b9/jarvis-usdc">See on Morpho</a></td></tr><tr><td>Performance Fee</td><td>10%</td></tr></tbody></table>

### ⚠️ Risks of providing liquidity in the vaults

By providing liquidity in the vaults, users will let Jarvis LTD lend their assets against various collateral. In addition to protocol and oracle risks, lending carries out other risks that can result in the loss of funds.

1. **Counterparty risk**: although overcollateralization and liquidations mitigate this, extreme market volatility, oracle failures, or problem with the collaterals supported can lead to borrowers failing to repay their debt.
2. **Liquidation risk**: collateral value may drop suddenly or face a liquidity crisis, preventing liquidation to happen.