> 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/seamless-usdc.md).

# Seamless USDC

**About this vault**\
This Earn vault generates yield by supplying USDC into Morpho, using a strategy curated by Gauntlet for Seamless.

**What is Morpho?**\
Morpho is an on-chain lending protocol where suppliers earn yield by lending assets, and borrowers pay interest to borrow against over-collateralized collateral.

**01 Deposit in a Morpho Vault**\
Deposit USDC into this vault on the **Base network**. Your deposit is supplied to a curator-managed vault strategy, so always review curator strategy and exposure before depositing.

**02 Assets are supplied to Morpho Markets**\
The vault allocates deposits into Morpho lending markets whitelisted by the curator. Gauntlet manages allocations and caps to target risk-adjusted yield across high-demand collateral markets.

**03 Earn yield from borrowers**\
Yield comes from interest paid by borrowers who borrow USDC against collateral, and may also include MORPHO incentive rewards when available.

**Morpho vault link:** [https://app.morpho.org/base/vault/0x616a4E1db48e22028f6bbf20444Cd3b8e3273738/seamless-usdc-vault](https://app.morpho.org/base/vault/0x616a4E1db48e22028f6bbf20444Cd3b8e3273738/seamless-usdc-vault?utm_source=chatgpt.com)