Title: Onboarding Seamless USDC Vault on Base
Author: Shadow_Holder
Submission Date: 05-March-2025
Summary
Onboarding Seamless USDC Vault on Base Low Level strategies
Overview
Seamless Vaults on Morpho offer an optimized approach to yield generation by leveraging Morpho’s innovative permissionless infrastructure and isolated pool design. The vaults are designed for users looking to streamline their DeFi strategies with curated solutions focused on blue-chip collateral markets.
The vaults 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.
How does the vault works
The Seamless USDC Vault has, at the moment of posting, Total Deposits 26.56M and Net APY 8.57%. The vault focuses on optimizing yield and streamlining efficiencies across various blue-chip collateral markets. More info into Gauntlet’s curation approach on the Seamless Governance Forum.
Main Risks
As with other DeFi lending and borrowing protocols, risks can include bad debt accrual, liquidation risk, and smart contract vulnerabilities.
Specifications
Vault Deposit Token: USDC
Network: Base
Contract Address: 0x616a4E1db48e22028f6bbf20444Cd3b8e3273738
Seamless USDC path: Link to vault
Morpho UI Path: Link to vault
Morpho Block Analitica: Link to dashboard
Risk Level: TBD by Block Analitica