1. Overview:
As per the RFC, [RFC] Onboarding High Priority Morpho v2 Vaults - Mainnet, onboard the proposed USDC Morpho V2 Vaults to the Lower Risk USDC fleet on Ethereum.
2. Motivation:
These vaults provide the safest, most scalable yield opportunities in the v2 ecosystem. They are essential for anchoring the Lazy Summer Protocol’s base yield with minimal additional risk exposure.
3. Specification:
| Asset | Vault Name | Contract Address | Link | Risk Level |
|---|---|---|---|---|
| USDC | Gauntlet USDC Prime | 0x8c106EEDAd96553e64287A5A6839c3Cc78afA3D0 | Link | Low |
| USDC | KPK USDC Prime v2 | 0x4Ef53d2cAa51C447fdFEEedee8F07FD1962C9ee6 | Link | Low |
| USDC | API3 Core USDC | 0xe2221Aa07ec3266DA87763E2b1e28d07A8a4e53b | Link | Low |
| USDC | Avantgarde USDC Conservative | 0xeBBaE8CfAbB0092d5B32f00EBeE0c8139d24dDcd | Link | Low |
4. Risk Assessment:
Given the current exposure to Morpho and the underlying markets these vaults expose too, it is not expected to create any new risk to the Lazy Summer Protocol, both from a technical and economical viewpoint.
5. Voting:
Voting YES will onboard the selected vaults in the specification with risk caps set to 0. Voting NO will not onboard any new vaults.