wARS Yield
Explore KPK wARS Yield V2 on Morpho Ethereum. Review the current Merkl campaign, temporary reward APR, TVL, campaign dates and vault risk considerations.
The active Ethereum wARS Yield V2 campaign is scheduled for 6–11 November 2026. Current campaign data shows roughly 24% total APR, with almost all of that rate coming from Merkl incentives. This is time-limited and can dilute as TVL changes.
Current campaign
The current wARS Yield V2 campaign runs from 6 November to 11 November 2026 and distributes temporary Merkl incentives to eligible vault supply.
APR composition
Around 24% total APR is currently dominated by Merkl rewards, while protocol APR is much smaller. The incentive rate is temporary and can dilute as TVL changes.
Risk context
A high reward APR does not remove vault, liquidity, smart-contract, market or wARS asset risks.
FAQ
What does this wARS Yield page cover?
This page explains the KPK approach to wars yield, including the relevant strategy mechanics, risk considerations and how the topic connects to curated vaults.
Can current rates or parameters change?
Yes. Vault rates, allocations, incentives, liquidity and protocol parameters can change as market conditions and governance decisions evolve.
Where should I check before depositing?
Review the current app metrics, the relevant protocol data and any active incentive campaign conditions immediately before making a deposit decision.