> For the complete documentation index, see [llms.txt](https://docs.shredpay.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.shredpay.xyz/yield-products/edge-ultrayield-usd.md). # Edge UltraYield USD #### About this vault This Earn vault generates yield by supplying USDC into Morpho, using a higher-yield strategy curated by Edge Capital. #### What is Morpho? Morpho is an on-chain lending protocol where depositors supply assets to earn interest from borrowers who borrow against over-collateralized collateral. #### How this vault works **01 Deposit into the Edge UltraYield Vault**\ Deposit USDC into this vault on the Base network. Your funds are supplied into a curator-managed strategy designed to optimize yield across selected Morpho markets. Always review the curator’s strategy and risk profile before depositing. **02 Assets are allocated across Morpho Markets**\ The vault allocates deposits to Morpho Markets selected and managed by Edge Capital. Allocation caps, risk parameters, and rebalancing rules are applied to manage exposure across markets. **03 Earn yield from borrowers and incentives**\ Yield is generated from borrower interest payments and may include additional incentive rewards depending on market conditions. 🔗 **Morpho vault link:**\