Title: Onboarding Seamless USDC Vault on Base
Author: Shadow_Holder
Submission Date: 05-March-2025 initially on Discussions Category
Summary
Onboarding Seamless USDC Vault on Base Low Level strategies
Overview
Seamless Vaults on Morpho provide an optimized approach to yield generation, leveraging Morpho’s permissionless infrastructure and isolated pool design. Designed for users seeking efficient DeFi strategies, these yield-optimized vaults focus on blue-chip collateral markets. Curated by Gauntlet, a leading DeFi risk management platform, they maximize efficiency and returns while maintaining robust risk controls.
How does the vault works
The Seamless USDC Vault has, at the moment of posting, Total Deposits 27.7M and Net APY 9.71%. 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, Morpho markets 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