Higher conviction versions of Foundation vaults. Each strategy pledges its receipt token as collateral on Kamino and borrows USDC to deepen the position, then redeposits the proceeds. Yield is amplified, and so is the risk profile.
Looped version of the AWY basket. Three credit legs (PRIME, ONyc, syrupUSDC) are levered against USDC borrow on Kamino. The basis leg (USDv from Solomon) is left unleveraged because basis trades already embed perpetual futures leverage internally.
Target Net APY
11.38%
Coming Soon
Composition
Net = Σ (weight × expected APY)
USDv20%
Solomon
Unlevered
Delta-neutral basis trade on BTC/ETH/SOL. Already carries perp leverage internally.
Expected APY9.00%
Max APY9.00%
Contribution1.80%
PRIME25%
Figure
Looped
Tokenized HELOCs, looped against USDC borrow on Kamino.
Expected APY11.80%
Max APY13.80%
Contribution2.95%
ONyc35%
OnRe
Looped
Reinsurance receipts, looped against USDC borrow.
Expected APY13.50%
Max APY15.50%
Contribution4.72%
syrupUSDC20%
Maple
Looped
Overcollateralized institutional lending, looped against USDC borrow.
Expected APY9.50%
Max APY11.50%
Contribution1.90%
Receipt: awylUSD, Token-2022 with InterestBearing extension. Auto-deleverage on stress.
Quarterly rebalance · Health factor 1.6 target
Coming Soon
2 queued
AWY AmplifiedSoon
Looped version of the four-leg AWY basket. Targets a net APY in the 11 percent range across three iterations of leverage on the credit legs.
TARGET NET APY11.38%
RISK TIERgrowth
CURATORFoundation
UNDERLYINGLooped: PRIME · ONyc · syrupUSDC (basis unlevered)
USDCComing Soon
Oro AmplifiedSoon
Looped exposure to Oro's $GOLD. Multiplies upside (and downside) on physical gold while paying a USDC borrow rate against the position.
A levered position deposits its receipt asset onto Kamino as collateral, borrows USDC against it, and re-enters the same leg with the borrowed proceeds. Two or three iterations multiply yield on a thinner equity base. Foundation maintains a target health factor on every position and auto-deleverages when collateral prices, borrow rates, or oracle drift push the buffer below tolerance.
Looping is suited for users who can hold through volatility and accept the possibility of partial liquidation in extreme regimes. The base AWY and Oro vaults remain available for unlevered exposure.