> 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/spark-usdc-vault.md).

# Spark USDC Vault

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

**What is Morpho?**\
Morpho is an on-chain lending protocol where borrowers pay interest to borrow supplied assets, backed by over-collateralized collateral and liquidation rules.

**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 supplies USDC to Morpho Markets whitelisted by SparkDAO, managing allocations and caps over time.

**03 Earn yield from borrowers**\
Earn yield from borrower interest, plus MORPHO incentives when available.

**Morpho vault link:** [https://app.morpho.org/base/vault/0x7BfA7C4f149E7415b73bdeDfe609237e29CBF34A/spark-usdc-vault](https://app.morpho.org/base/vault/0x7BfA7C4f149E7415b73bdeDfe609237e29CBF34A/spark-usdc-vault?utm_source=chatgpt.com)