[SIP1.5] Onboard USDC Fleet - Mainnet, Higher Risk

General Discussion
1

Summary

This SIP proposes launching the USDC Fleet – Mainnet (Higher Risk) vault on Lazy Summer Protocol.

This new vault unlocks higher-yield, higher-volatility strategies for USDC holders by aggregating lending, Farming, delta-neutral, and real-world-credit ARKs that sit one risk tier above the existing Mainnet USDC (Lower Risk) vault. Risk parameters will be finalized by @BlockAnalitica using the more aggressive limits outlined in their prior analysis. See RFC for reference: [RFC] Onboard USDC Fleet – Mainnet, Higher Risk Vault

Motivation

  • Unlock new growth – Enables a fresh set of USDC strategies that can realistically contribute TVL toward the $100M+ milestone.
  • Broaden user personas – Appeals to funds, whales, and yield-hungry allocators who accept higher volatility, while giving existing users incremental deployment options.
  • Expand strategy mix – Integrates ARKs beyond pure lending (e.g., rewards farming, delta-neutral stablecoin positions, real-world credit).
  • Strengthen brand promise – Demonstrates Lazy Summer’s ability to curate both conservative and adventurous DeFi yield in one automated interface.

Motivation

Parameter Value
Vault USDC Fleet – Mainnet (Higher Risk)
Deposit Asset USDC
Network Ethereum Mainnet
Risk Tier Higher Risk
Max ARK TVL% To be recommended by @BlockAnalitica (targeting higher limits than lower-risk vault)

Motivation

# ARK Contract
1 Euler Yield USDC 0xe0a80d35bB6618CBA260120b279d357978c42BCE
2 Euler Swaap Lend USDC 0xf2f826c190D020A6D1EC422bF2269E63b8b315E0
3 Euler Resolve USDC 0xcBC9B61177444A793B85442D3a953B90f6170b7D
4 Morpho Gauntlet USDC Frontier 0xC684c6587712e5E7BDf9fD64415F23Bd2b05fAec
5 Morpho Relend USDC 0xD6D14E60c0DAFcB3B77B296fe718623Ec84e5eb3
6 MEV Capital USDC 0x38afC3aA2c76b4cA1F8e1DabA68e998e1F4782DB
7 Fluid USDC 0x9d1089802eE608BA84C5c98211afE5f37F96B36C
8 Stablecoin Maxi (Euler) 0xce45EF0414dE3516cAF1BCf937bF7F2Cf67873De
9 Sky sUSDs 0xa3931d71877C0E7a3148CB7Eb4463524FEc27fbD
10 Sky Rewards Rate 0x56072C95FAA701256059aa122697B133aDEd9279
11 Ethena sUSDe 0x9D39A5DE30e57443BfF2A8307A4256c8797A3497
12 Maple Syrup USDC² 0x80ac24aA929eaF5013f6436cdA2a7ba190f5Cc0b

*** Note that Ethena sUSDe may be subject to being delayed due to testing and other technical constraints.

$SUMR Rewards

  • TBD - but likely same SUMR reward structure as similar other Mainnet USDC vaults.

cc: @jensei @Recognized_Delegates @halaprix @chrisb

2 Likes
2

Thanks for posting this, @samehueasyou — fully aligned with the motivation here.

Having a new fleet focused on higher-risk USDC vault is a logical next step for Lazy Summer on our path to $1B+ TVL. It fills a clear product gap and allows us to serve a wider set of users, particularly those looking for higher yield and willing to tolerate more volatility. Love the blend of ARKs across lending, reward farming, and real-world credit.

Looking forward to seeing @BlockAnalitica’s final parameters, and would support moving this to vote soon after that’s in place.

1 Like