> ## Content Index
> Fetch the complete content index at: https://blog.morph.network/llms.txt
> Use this file to discover other available public pages before exploring further.

# How to Make a Deposit into LayerBank to Generate a Passive Income
- URL: https://blog.morph.network/how-to-make-a-deposit-into-layerbank-to-generate-a-passive-income/
- Published: 2025-02-27T09:07:34.000Z
- Updated: 2025-02-28T10:13:11.000Z
- Author: Morph
- Tags: Morph Zoo Season 2, #nicolas

If you do not yet have assets on Morph, please read our various guides on how to bridge assets to Morph first: 

- [How to Bridge ETH to Morph (Official Bridge)](https://blog.morph.network/how-to-bridge-eth-to-morph-official-bridge/)
- [How to Bridge ETH to Morph with Orbiter Finance](https://blog.morph.network/how-to-bridge-eth-to-morph-with-orbiter-finance/)
- [How to Bridge ETH to Morph with Owlto Finance](https://blog.morph.network/how-to-bridge-eth-to-morph-with-owlto-finance/)
- [How to Bridge weETH to Morph with Stargate](https://blog.morphl2.io/how-to-bridge-weeth-to-morph-with-stargate/?ref=blog.morph.network)

LayerBank is a cutting-edge, permissionless, non-custodial DeFi lending platform, offering a stable crypto money market service. It primarily facilitates loans using assets such as BTC, ETH, and USDC as collateral, providing a bridge for users to lend to one another.

**Note**: LayerBank is offering a **7x Morph Point multiplier** for a limited time as part of our [DeFi Frenzy campaign](https://blog.morphl2.io/defi-frenzy-concrete-layer-bank-join-morphs-defi-rewards-with-7x-launch-multiplier/?ref=blog.morph.network).

1. Visit our [Morph Zoo DeFi Rewards](https://www.morphl2.io/points/greattoken%5Fmigration/defirewards?ref=blog.morph.network) page.
2. Scroll down until you find the **LayerBank Pool** you wish to deposit into, then click the **Go** button. For this example, we will use USDT.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXemYSNoFzH4mKD0KuF9f44eF6hQxxRzHHTlf-EBjEHfPSiln4ubGWm_UJZQRDBMYngOJ9lyVEcOXzfadDyvbx3kYC_B0FUL6qxou6foX2Deu9iiDCrzZ-1fhny5um3-jDHx0P5d_g?key=hREBY-L_avBPqDmKVaZaIQ1r)

1. Click the **Connect Wallet** button on the top right of the page while making sure **Morph** is the selected network.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXezIY7Urj3q9hTsEns8F_BOTsIWDyCuJZgOIrSiZ9dLd0qpKL0qRqgl7P9JWa7qMqbYFBbT7N4Te5qWSUJcslHJnXOYuC3aO3i3RmpsbCavzYIwhhSvB-MJUVhN0jWefjJaqN13IQ?key=hREBY-L_avBPqDmKVaZaIQ1r)

1. Select your preferred wallet, log in, and **accept** the pop-up prompts to **connect** your wallet to Morph. For this example, we will continue with **Bitget Wallet**, but the process will be similar regardless of the wallet you use.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXeYc75jDn9cQtNcwXYprmd2GTtSdXIX1vmEtedpqxtzI7TKU_iC2__G10xmPoh-sRIVYzayl5Dwp8cCup_rKBWhx5bTAvibIdDuI3vu7a11b2dMbEZWRM7DRcCqPKBcfmgAK8embQ?key=hREBY-L_avBPqDmKVaZaIQ1r)

1. Once connected, enter the **amount** of USDT you wish to deposit within the **Supply** module. Click **Approve USDT** when ready.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXeVJ5AcO4SrNjV1kRJdT-PCr3sS61l4qukoRqoEJUG0Xq8PcFRVGosvmP6ywwAcu9NTMVGiDFfRNF4jGD7cH8OKvb7xQdrc8jRQf7Lw_SpavkzdPz5aQMagiUjUk7zZwqFeVt7mxw?key=hREBY-L_avBPqDmKVaZaIQ1r)

1. Review, **Approve, or Confirm** the transaction in your wallet.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXcj4Xl0iLKUBEB0mwe5_3sldVq0snnZI2Ud_tlHf_6Fz5g1r8K98svi62KnefkZ_IoztlidXRBpOQ_8VmL8jK9MBYvLw3QkGyfr1zoRjw0iie-vC8uEMWXdVxxAzoVzqkp22aWUAQ?key=hREBY-L_avBPqDmKVaZaIQ1r)

1. Once approved, click the newly enabled **Supply** button.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXcE1LRSkMaiBrogsWfuOvbNRB50h6ECmG3b3nYphxJrP8QWucliLPBWg-SN82Xd0QfNgrCxoEvPND2PnaO-n2UEh6icec_O83IDYDcnhN6BJsg4zRBjl6hHBsO5qV98F7bN1CT9?key=hREBY-L_avBPqDmKVaZaIQ1r)

1. **Confirm** the transaction in your wallet.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXcXuIWNmcm2mWzf4LO8sg3EE4GQF2DQw0TX0iREmVQfsxRMTaZzWHvPRVjbh5c3lCmNMd2EF0jZN1UI3wW3qwL68OQ8Bg7sdtpO-Ai_11Bh97eKw-BFhqXw7SnZI0JKKIiv_uILzA?key=hREBY-L_avBPqDmKVaZaIQ1r)

1. Now you will be able to see key information under **My Stats**, including the amount supplied and your APR.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXc5LDfcFwrAy6ygyuxNcDKLCRtss8nO8d3y7byAFUmUPzsXqvnLzNxQ9cN9tdOS0rrjqIJdDV8NVRYSy7DF56GqTLedskJ98UoTR2CZNptupWEgefe0KjGU8-pfVcLlTIn-Mb9x9Q?key=hREBY-L_avBPqDmKVaZaIQ1r)

To help you get an estimate of your Morph Points earning potential during our promotional periods, we’ve included an easy-to-use calculator below. 

- Simply enter the **USD value** of your deposit, the **number of days** your deposit will be held, and select the specific **protocol pool or vault**.
- Our calculator will automatically factor in ETH’s current price and other parts of our points formula including the multipliers and coefficients.
- To see the estimated value of your Morph Points based on market prices on [Whales Market](https://pro.whales.market/points/Morph/MORPH?ref=blog.morph.network) or [Bubbly](https://app.bubbly.finance/liquidity%5FPremarket?ref=blog.morph.network), simply check current prices and enter them into the last field.
- **Please note:** The 7x promotional multiplier only applies to the first 7 days between Monday, Feb 24, 9 am EST - Monday, March 3, 9 am EST. Be mindful of the days left in the promotional period when selecting the days in the calculator.

### DeFi Frenzy Points Estimator

USD Value of Deposit ($) 

Holding Period (Days) 

Protocol/Pool LayerBank/Concrete (7x during promo) BulbaSwap Standard Pools (2x) BulbaSwap USDe Pool (2.6x) pumpBTC (2x) 

Current ETH Price ($) 

Regular holding points: \-- 

DeFi Frenzy boosted points: \-- 

Check current Morph point value on [Whales Market](https://pro.whales.market/points/Morph/MORPH?ref=blog.morph.network) or [Bubbly](https://app.bubbly.finance/liquidity%5FPremarket?ref=blog.morph.network) 

Morph Point Value ($) 

Estimated USD value: $0.00