Title: Onboarding Seamless WETH Vault on Base
Author: yellowknife
Submission Date: 17-June-2025 initially on Discussions Category
Summary
Onboarding Seamless WETH Vault on Base to be allocated for ETH Earn product on Base
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 WETH Vault has, at the moment of posting, Total Deposits 25.36M and Net APY of 3.72%. 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.
Reference discussion posts/governance votes: Forum post link, Tally vote
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: WETH
Network: Base
Contract Address: 0x27d8c7273fd3fcc6956a0b370ce5fd4a7fc65c18
Seamless WETH path: Link to vault
Morpho UI Path: Link to vault
Morpho Block Analitica: Link to dashboard
Risk Level: TBD by Block Analitica