Safe{Wallet} has become the canonical multisig for DAOs, crypto companies and large onchain power users, now securing more than $100 billion in TVL, serving 5.5 million monthly active users and processing over $245 billion in cumulative volume – yet the bulk of the assets it secures, especially stablecoins, have been sitting idle. Not anymore!
In a six-month span, a treasury holding $10 million in USDC forfeits roughly $0.5 million in potential onchain yield. Until now, putting those assets to work meant bridging to an external dApp, juggling fresh approvals and sacrificing the single pane of glass treasurers rely on.
Today Safe{Wallet} ships an embedded Earn experience powered by Kiln’s DeFi vaults and Morpho’s lending markets. With a single multisig transaction, idle assets start generating yield onchain while never leaving the Safe address.
A yield engine for large liquidity flows
Safe{Wallet} and Kiln first joined forces in 2024 to embed programmatic staking in the Safe interface, letting users earn programmatic rewards. Kiln’s DeFi vaults now extend the same one-click experience from staking to onchain lending.
Safe Earn integrates Kiln DeFi’s vaults through the lightweight Kiln Widget. With one multisig confirmation, treasury signers can route idle wETH, wstETH, USDC, USDT, or WBTC on Ethereum and Base into Morpho-powered lending vaults.
The tokens never leave the Safe contract and signer policies stay exactly as they are, while yield and protocol rewards begin accruing from the next block. Live APY, a Steakhouse-derived risk score, and real-time exit costs surface beside existing balances, giving finance teams an immediate, spreadsheet-free view of performance and risk.
DAO treasurers shouldn’t need to move assets around to earn yield on digital dollar reserves. With Kiln, DeFi strategies are introduced natively inside the Safe UX. Rahul Rumalla — Chief Product Officer @ Safe{Wallet}
Safe{Wallet} is the leading digital asset management solution for treasuries and high networth individuals onchain. Embedding Kiln vaults easily lets DAOs, businesses and whales to put those assets to work without compromising the custody model they already trust. Laszlo Szabo — Co-founder & CEO @ Kiln
Risk disclosure
Onchain lending involves market volatility, smart-contract vulnerabilities and the possibility of collateral liquidation. Kiln mitigates these exposures through Quantstamp and Spearbit audits, SOC 2 Type II controls and continuous monitoring, yet every organisation should apply its own risk framework before allocating funds.
To get started – open your Safe dashboard, head to Earn, and explore the vaults. For integration questions, email sales@kiln.fi or ecosystem@safe.global.
Interested in offering DeFi yields to your users? Discover Kiln DeFi, the product that helps you seamlessly integrate DeFi yields into your platform in no time!
About Kiln
Kiln is the leading staking and digital asset rewards management platform, enabling institutional customers to earn rewards on their digital assets, or to whitelabel earning functionality into their products. Kiln runs validators on all major PoS blockchains, with over $11 billion in crypto assets being programmatically staked and running over 5% of the Ethereum network on a multi-client, multi-cloud, and multi-region infrastructure. Kiln also provides a validator-agnostic suite of products for fully automated deployment of validators and reporting and commission management, enabling custodians, wallets, and exchanges to streamline staking or DeFi operations across providers. Kiln is SOC2 Type 2 certified.
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