🦋Seamless Vaults on Morpho
Last updated
Last updated
Seamless Vaults on Morpho offer an optimized approach to yield generation by leveraging Morpho’s innovative permissionless infrastructure and isolated pool design. These vaults are designed for users looking to streamline their DeFi strategies with curated solutions focused on blue-chip collateral markets.
Seamless USDC Vault: This vault can be accessed on both Seamless here or on Morpho here.
The Seamless USDC Vault on Morpho is a yield-optimized vault curated by Gauntlet, a leading risk management platform in DeFi. This vault focuses on maximizing efficiency and yield across blue-chip collateral markets.
More Seamless Vaults on Morpho are rolling out soon!
Q: How does this vault work?
A: The Seamless USDC Vault on Morpho, curated by Gauntlet, optimizes yield by streamlining efficiencies across multiple blue-chip collateral markets. Gauntlet uses advanced analytics and risk management strategies to curate and maintain the vault. You can explore Gauntlet’s curation approach further on the Seamless Governance Forum (Discourse).
Q: Where can I access these vaults?
A: Vaults can be accessed directly on Seamless as well as on Morpho. On the Seamless app follow these quick and easy steps (Choose Base Network -> Vaults Tab -> Seamless USDC Vault -> Deposit USDC)
Step 1: Ensure your wallet is connected and your selected network is Base
Step 2: Within Seamless's App, navigate to the Vaults Tab
Step 3: Click on the Seamless USDC Vault to deposit USDC
Step 4: View your active positions and claimable vault rewards from the Dashboard Tab
Q: What are the main risks?
A: As with any DeFi lending and borrowing protocol, there are inherent risks, including:
Bad debt accrual: Occurs when collateral value drops significantly, and borrowers cannot repay their loans.
Liquidation risk: Users risk losing their collateral if market conditions lead to insufficient health factors.
Smart contract vulnerabilities: Potential bugs or exploits within the code.
It is crucial to research and evaluate these risks before engaging with any DeFi product.
Q: Are there fees for using this vault?
A: Yes, there is a 15% performance fee applied to the interest collected from borrowers. This fee supports protocol maintenance and ecosystem growth.
Q: Where can I learn more?
A: For additional resources and information, check out the following:
Basescan for Seamless USDC Vault
