Trust Wallet x Morpho: Prepare for Stablecoin Earn & Share $50,000 in $MORPHO

We’re excited to announce a total prize pool of $50,000 in $MORPHO, in collaboration with Morpho, for new and existing users who complete a simple quest to prepare their stablecoins in Trust Wallet ahead of the launch of our upcoming Stablecoin Earn feature.

Get your stablecoins ready — completing the quest ensures you’re all set to start using the feature as soon as it goes live. USDC, USDT, DAI, and USDA are all supported, and you can hold them on either Base or Ethereum to qualify. Read on to learn how you can participate.

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Promotion Period: April 14th (14:30 UTC) to April 28th (14:30 UTC)

How to Participate:

Complete the steps below during the promotion period for a chance to share the $50,000 in $MORPHO prize pool.

Entry requirements:

Note: You must use Trust Wallet to be eligible for rewards, as wallet addresses will be cross-verified; using a different wallet will lead to disqualification.

1. Ensure you have at least $5 equivalent in stablecoins (USDC, USDT, DAI, or USDA on Base or Ethereum) in your Trust Wallet.

2. Complete the task on Intract here to verify your stablecoin balance.

3. Hold your stablecoins for at least 3 consecutive days to qualify, and keep them in your Trust Wallet until the StableCoin Earn feature launches to increase your chances of winning!

You can import an existing wallet that already holds stablecoins or use Trust Wallet to swap any token for USDC, USDT, DAI, or USDA on Base or Ethereum — as long as your wallet holds at least $5 in one of these stablecoins, you're good to go.

Eligible Stable Coins:

The following stablecoins are eligible on both Base and Ethereum:

• USDC

• USDT

• DAI

• USDA

To qualify, your Trust Wallet must contain at least $5 worth of any one of these stablecoins on either supported chain.

Rewards and Selection Criteria:

A total of $50,000 in $MORPHO tokens will be distributed to 5,000 randomly selected addresses from eligible participants. Only Trust Wallet users are eligible, and all wallet addresses will be cross-verified.

Terms & Conditions

• You must use Trust Wallet to be eligible for rewards. Wallet addresses will be cross-verified; using any other wallet will result in disqualification.

• To qualify for rewards, participants must complete all required steps outlined in the campaign announcement.

• $MORPHO rewards will be distributed to 5,000 randomly selected eligible wallet addresses within 30 business days after Stage 2 ends.

• Stage 2 will start between April 21st - May 5th, with the exact time communicated on our X handle and in this blog once available.

• The $MORPHO price for this campaign will be determined based on the 7-day market price average starting from the day of the Stablecoin Earn feature release.

• Participants must continue holding the required minimum stablecoin balance in Trust Wallet for the full duration of the holding period (at least 3 consecutive days for eligibility, and until the StableCoin Earn feature launches for boosted chances to win).

• Each wallet address is eligible for one reward only.

• Illegally bulk-registered accounts, including sub-accounts, are not eligible to participate or receive any rewards.

• Trust Wallet reserves the right to disqualify any participant immediately if fraudulent or suspicious behavior is detected.

• Trust Wallet reserves the right, at its sole and absolute discretion, to amend, vary, or cancel the promotion or its terms at any time without prior notice — including but not limited to changes in eligibility, duration, or reward distribution.