DAI (Morpho - Gauntlet Core)
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Frequently asked
Is DAI (Morpho - Gauntlet Core) FDIC or SIPC insured?
No. DAI (Morpho - Gauntlet Core) is a crypto earn product, not a bank deposit — the DAI is held and deployed by harvest-finance, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~5% yield come from?
DAI (Morpho - Gauntlet Core) deploys the deposited DAI to generate the rate; it is variable, not fixed.
Is DAI safe?
DAI scores C+/56 on StableLens compliance. That is a methodology classification, not a guarantee — see the DAI report for reserves, attestations, and peg history.
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