Morpho Yield Optimizer
The Morpho Yield Optimizer helps you maximize your yield by continuously allocating assets to the highest APY vaults within the Morpho protocol. Designed for Ethereum and Base networks, this automation rebalances your position automatically, ensuring your assets are always optimally positioned for the best yield.
Supported Assets
Networks: Ethereum, Base
Supported Assets:
Base: USDC, WETH
Ethereum Mainnet: USDC, WETH, USDT, WBTC
Suggested minimum amount to subscribe to the automation:
Base: $100 worth of the selected token
Ethereum Mainnet: $25k worth of the selected token and $50k for bi-weekly rebalance frequency
These amounts are carefully calculated to cover the gas costs involved in operating the automation, accounting for both best- and worst-case gas scenarios. This ensures that each rebalance is profitable, allowing your automation to consistently generate additional yield even after covering transaction expenses.
How It Works
The Morpho Yield Optimizer automates yield optimization by dynamically managing deposits and rebalancing your assets across Morpho’s vaults. Here’s a quick overview:
Select Asset and Amount: Choose the supported asset you want to allocate and specify the amount.
Automatic Vault Selection: Brahma finds the vault with the highest APY and allocates your assets there, ensuring you’re always earning the best yield.
The selected vaults will always be for the same asset you have selected. USDC > USDC vaults only. This is to prevent swaps and the loss that can incur.
Custom Rebalancing Frequency: Choose how frequently you’d like your position to be rebalanced—options include weekly, bi-weekly, and monthly.
Self-Custodial Management: Your assets remain in your account, interacting directly with Morpho’s smart contracts for secure, self-custodial management.
Key Features
Effortless Yield Optimisation: The automation automatically tracks and reallocates assets to the highest-yielding vault, without needing your intervention.
Flexible Rebalancing Options: Select a rebalancing frequency that matches your investment strategy and yield goals.
Low-Liquidity Protection: Low liquidity vaults are automatically excluded, keeping your funds in vaults with enough liquidity for your position size.
Fees
The Morpho Yield Optimizer includes two types of fees:
Execution Fees: Applied on deposits and rebalances, covering gas costs for automated transaction execution. This is estimated based on the live gas price of the chain the automation is executing on and may vary from the actual execution.
Performance Fees: Waived during the launch month until 30/11/2024.
Starting 1/12/2024, a 5% fee on the yield earned will be collected during each rebalance. This fee applies only to accrued yield (not initial deposits) and is charged solely when rebalancing occurs.
Fee Application Overview:
Initial Deposit: Fixed fee only.
Rebalancing: Fixed fee + Performance fee.
Security & Control
With the Morpho Yield Optimizer, you retain full control over your assets. All transactions are self-custodial, meaning your funds stay within your account and interact directly with Morpho’s contracts. Your account simply handles rebalancing on your behalf to optimize your yield.
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