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๐Ÿฆ‹Seamless Vaults on Morpho

Seamless Vaults on Morpho offer an optimized approach to yield generation by leveraging Morphoโ€™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.

Current Seamless Vaults on Morpho

Vault Name
Contract
Seamless UI Path
Morpho UI Path

Seamless Vaults on Morpho are yield-optimized vault curated by Gauntlet, a leading risk management platform in DeFi. These vaults focus on maximizing efficiency and yield across blue-chip collateral markets.

FAQs

*Using The Seamless USDC Vault for illustration sake

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 Gauntletโ€™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:

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