feat: add Seamless Morpho vaults to TVL #13129
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The adapter at projects/seamless exports TVL: |
| }, | ||
| { base: { tvl: geyserTvl } }, | ||
| { | ||
| doublecounted: true, |
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hmm, atm we dont support partial doublecounted tvl :(
| methodology: methodologies.lendingMarket, | ||
| base: baseAAVE, | ||
| }, { base: { tvl: geyserTvl } }]); | ||
| const SeamlesMorphoVaultsTVL = async (api) => { |
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we can create a new sublisting for this, but how do these vaults work? can users borrow against their deposits here? other issue is, even if your team is curating the morpho vaults, the tvl belongs to morpho project. We are thinking of adding curator category to tackle this, but atm, we reject curator projects :(
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These vaults will lend assets to Morpho borrowing markets (rebalancing across markets to obtain the best risk adjusted yield), users cannot borrow against these assets as collateral, it's the same as other yield vaults like those on Yearn or Beefy that allocate to Aave, Compound, Morpho, etc. Seamless protocol in this case is the owner of these vaults NOT the curator. Seamless Protocol governance controls these vaults and earns the fees not Morpho, although we did deploy them using a factory contract that was deployed by Morpho vs forking or building from scratch a separate ERC4626 vault contract like other Seamless vault contracts.
Seamless protocol is launching new vaults on Morpho and would like to include this in the protocols TVL numbers with the double counted flag set to true. This would include all current and future Morpho vaults on Base that are owned onchain by Seamless Protocol governance.