Preservation and liquidity
Supply-only scope today; reserve and concentration targets still require approved policy.
Risk & transparency
Simple profiles. Measurable constraints.
Conservative, Balanced and Advanced must become quantitative policies—not labels of safety. Undecided limits are shown as pending.
Controlled complexity
Selected composed strategies only after dedicated constraints and evidence.
Higher complexity
Potential leverage or hedging after strategy-specific validation and hard limits.
USDC Conservative policy
Recorded rules and open decisions.
Base assetNative USDCRecorded
Strategy classSupply-onlyImplemented
Approval modelExact amount in the PoC AppImplemented
Minimum liquid reservePolicy decision pendingPending
Maximum protocol exposurePolicy decision pendingPending
Oracle, depeg and utilization thresholdsPolicy decision pendingPending
Withdrawal stress assumptionsPolicy decision pendingPending
Source model: data/product/risk-policy.json · updated 2026-07-23
Illustrative decision
Higher APY can receive a lower allocation.
Return is evaluated with liquidity, maturity, utilization and concentration. This example demonstrates reasoning only; it is not a live allocation or approved policy.
Example data. All APYs and reasons in this block are illustrative.
| Opportunity | Nominal APY | Illustrative decision | Why |
|---|---|---|---|
| Aave V3 | 4.3% | Higher allocation | Maturity and available liquidity |
| Euler V2 | 5.1% | Limited | Utilization and concentration |
| Morpho | 5.4% | Limited | Market-specific liquidity |
What risk analysis must cover
Smart contracts
Audits, maturity, incidents, upgrades and bug bounties.
Markets
TVL, utilization, liquidity and concentration.
Assets & oracles
Depeg, wrappers, issuers, staleness and manipulation.
Operations
Keys, monitoring, replay and emergency procedures.
Risk cannot be eliminated. Smart contracts, protocols, assets, oracles, sequencers and operational systems can fail. Liquidity can disappear.
Data provenance
Timestamped chain read with explicit failure state.
Versioned local deployment or policy record; verify freshness.
Explanatory example, never an account value or quote.