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Curate

What curating a LayerCover vault looks like

Allocate across Morpho Blue, Euler V2, and Aave V4 from a single vault, then wrap it in senior / junior tranches. One curator brand, multi-protocol reach, two new audiences of lenders.

Introduction

Curators today are locked into a single venue: a Morpho-curated vault only routes into Morpho markets, a Euler-curated vault only into Euler. LayerCover gives you a metavault that routes across lending venues through per-protocol adapters (Morpho Blue, Euler V2, Aave V4) — you set caps + allocations once, lenders get diversified base yield from one deposit.

On top of that, LayerCover splits the resulting return stream into two tranches (senior and junior) automatically. You keep curating the venue mix the way you'd curate a single-venue vault. We handle the tranche split.

What changes for you

What you do todayWhat changes
Curate one venue (Morpho-only, Euler-only, etc.)You curate one vault that allocates across Morpho Blue / Euler V2 / Aave V4 via adapters. Set caps + allocations per venue.
Set caps, pick adapters, manage allocationsIdentical mechanics — wider surface, because the vault hosts adapters for multiple protocols.
Decide who is allocator / sentinelIdentical.
Liquidity ProvidersYou now have two types: senior (protected, lower yield) and junior (leveraged, higher yield).
Premium ControlsYou can manage the vault premium yourself, or delegate control to the LayerCover team.

The new audience

Senior lenders are treasuries, DAOs, and conservative allocators who won't sit in a single-tranche pooled-risk market. They give up some yield in exchange for being protected against the first 20% of any drawdown — earned on a diversified base because you've already spread their capital across multiple venues.

Junior lenders are market makers and risk-seeking DeFi users. They absorb the first 20% of losses in exchange for amplified yield: both the diversified base yield from your venue mix and a continuous premium paid by senior.

Where to go next