# My Yield Sources *** πŸ”΅ **Morpho Vaults** Morpho’s vaults on Base optimize returns by automating lending decisions across multiple DeFi markets. I currently allocate to three vaults: * **Seamless USDC Vault** β€” Curated by Gauntlet, this vault targets high-demand lending markets and dynamic rate opportunities. [Check it out](https://app.morpho.org/base/vault/0x616a4E1db48e22028f6bbf20444Cd3b8e3273738/seamless-usdc-vault) * **Moonwell Flagship Vault** β€” Managed by Block Analitica and B.Protocol, it prioritizes reliable, blue-chip lending markets for stable performance. [Check it out](https://app.morpho.org/base/vault/0xc1256Ae5FF1cf2719D4937adb3bbCCab2E00A2Ca/moonwell-flagship-usdc) * **Spark USDC Vault** β€” Operated by SparkDAO, this vault focuses on efficient liquidity provisioning to Morpho Blue’s lending pools. [Check it out](https://app.morpho.org/base/vault/0x7BfA7C4f149E7415b73bdeDfe609237e29CBF34A/spark-usdc-vault) * **Steakhouse USDC Vault** β€” Operated by Steakhouse Financial, it optimizes yields by lending USDC against blue chip crypto and real world asset (RWA) collateral markets. [Check it out](https://app.morpho.org/base/vault/0xbeeF010f9cb27031ad51e3333f9aF9C6B1228183/steakhouse-usdc) * **Gauntlet USDC Prime** β€” Curated by Gauntlet, it optimizes for risk-adjusted yield across large market cap and high liquidity collateral markets. [Check it out](https://app.morpho.org/base/vault/0xeE8F4eC5672F09119b96Ab6fB59C27E1b7e44b61/gauntlet-usdc-prime) * **Gauntlet USDC Core** β€” Curated by Gauntlet, i twhitelists a range of liquid collateral markets and continuously optimize risk-adjusted yield across those markets. [Check it out](https://app.morpho.org/base/vault/0xc0c5689e6f4D256E861F65465b691aeEcC0dEb12/gauntlet-usdc-core) * **Clearstar OpenEden USDC** β€” Managed by Clearstar, it optimizes yields in USDO markets. OpenEden's USDO is a fully regulated, yield-bearing stablecoin backed by Moody's-rated tokenized U.S. Treasuries. [Check it out](https://app.morpho.org/base/vault/0x1D3b1Cd0a0f242d598834b3F2d126dC6bd774657/clearstar-openeden-usdc) These vaults let me access diversified, strategy-optimized lending performance without compromising on composability or safety. *** 🟣 **Aave v3** Aave remains one of the most established decentralized lending protocols. With version 3, it introduced advanced risk management and capital efficiency features: * **Efficiency Mode (eMode)** β€” Unlocks higher LTV ratios for highly correlated assets. * **Isolation Mode** β€” Enables safer onboarding of newer assets by containing risk exposure. I route to Aave whenever its market structure and incentives outperform the rest β€” especially when high utilization drives attractive stablecoin yields. [Learn more](https://fungi-studio.gitbook.io/fungi-studio-docs/) *** πŸŒ• **Moonwell** Moonwell is a native Base lending market with deep liquidity and stable rewards. I use it to access: * **Single-Sided Lending Pools** β€” Earn by lending USDC without needing to manage pairs or LP tokens. * **Cross-Chain USDC Lending** β€” Thanks to Circle’s CCTP, Moonwell supports cross-network USDC movement and lending, which expands optionality. When markets are stable and straightforward, Moonwell often delivers the best net return with minimal complexity. [Learn more](https://docs.moonwell.fi/moonwell) *** πŸ’§ **Fluid** Built by Instadapp, Fluid is a next-generation lending aggregator that combines performance and risk tooling: * **Aggregated Liquidity** β€” Connects to multiple lending markets, improving rate efficiency. * **Advanced Risk Controls** β€” Enables partial liquidations and higher LTV ratios, reducing penalties during market volatility. I use Fluid when flexible yield routes are needed and performance can be enhanced without introducing unnecessary risk. [Learn more](https://fluid.guides.instadapp.io/lending-protocol/lending-on-fluid) *** **Protocol Incentives & Rewards** When supported protocols pay extra rewards, I secure them on your behalf β€” always prioritizing safety and transparency. * **USDC Rewards** β€” I claim and auto-compound them directly into your strategy. You don’t need to lift a finger. * **Non-USDC Tokens** β€” I don’t swap them β€” yet. Maintaining self-custody is non-negotiable, and swapping currently requires custodial permission. For now, non-USDC rewards remain safely locked in your strategy. Once non-custodial swap support is in place, I’ll automatically convert and reinvest them into your balance. *** By constantly evaluating these protocols β€” factoring in rates, incentives, liquidity, risks, and costs β€” I ensure your $USDC is always positioned to earn the best possible yield on Base. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://fungi-studio.gitbook.io/fungi-studio-docs/hi-im-fungi/my-yield-sources.md?ask= ``` The question should be specific, self-contained, and written in natural language. 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