1. Overview
This proposal seeks to onboard two new yield strategies (ARKs) to the existing EURC Vault on Base. These strategies leverage the Morpho V2 infrastructure curated by Gauntlet and Steakhouse.
2. Motivation
The current EURC fleet on Base relies on legacy V1 yield sources. The proposed Morpho V2 vaults currently offer yields 1–2 percentage points (pp) higher than existing allocations due to optimized incentive redirection. Integrating these as ARKs allows the FleetCommander to automatically rebalance capital into these more productive venues, ensuring users capture the best risk-adjusted returns on Base without manual intervention.
3. Specification
| Asset | Vault Name | Contract Address | Target Protocol | Risk Level |
|---|---|---|---|---|
| EURC | Gauntlet EURC Balanced | 0xaCB4...524D |
Morpho V2 | Low/Medium |
| EURC | Steakhouse Prime EURC | 0x7332...987c |
Morpho V2 | Low/Medium |
Note: Both new ARKs will be subject to the standard EURC Vault management fee.
4. Risk Assessment
here - > [RFC] Onboard two new markets to Base EURC Fleet - #5 by BlockAnalitica
5. Voting
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Voting YES will whitelist the Gauntlet and Steakhouse Morpho V2 vaults as authorized ARKs for the Base EURC Vault with initial risk caps set to 0 (to be adjusted post-Risk Review).
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Voting NO will maintain the current legacy V1 allocations and will not onboard the new yield strategies.