Multi Lend Vault
Introduction
Vectis introduces a sophisticated Multi Lending Strategy powered by the Voltr Structure, designed specifically for optimizing yields from stablecoin portfolios within Solana's decentralized finance ecosystem. By strategically integrating multiple protocols, Vectis ensures dynamic allocation, maximized yields, and streamlined risk management.
This strategy is ideal for stablecoin holders who want to:
Earn Stable Yields with No Drawdowns – Deposit idle USDC into Vectis to generate yield without exposure to market downturns. Even in volatile market conditions, Vectis maintains stability by leveraging only top-tier lending pools.
Leverage Smart Yield Optimization – Vectis employs sophisticated tools to monitor market conditions in real time. When higher yields become available in alternative stablecoins (such as USDT, USDS, or PYUSD), the system intelligently swaps assets to take advantage of the best returns.
Automated Rebalancing Across Multiple Platforms – Unlike traditional strategies where users must manually seek the highest APYs across DeFi protocols, Vectis continuously rebalances deposits, ensuring capital is always positioned for optimal yield.
Instant Access to Liquidity – Vectis provides near-instant withdrawals, ensuring users can access their funds whenever needed without delays.
Zero Fees – Users benefit from a no-fee model when depositing USDC, making it one of the most cost-effective stablecoin yield strategies available.
Why Our Multi-Lending Strategy Uses Voltr
Our multi-lending strategy is built on Voltr, a secure and autonomous infrastructure layer that enables vault managers to operate efficiently while ensuring user fund safety. By leveraging Voltr’s role-based security, smart contract architecture, and modular adaptor programs, we create a structured and transparent environment where funds remain secure and strategies are executed with precision.
One of the key advantages of using Voltr is that vault managers cannot withdraw or misappropriate user funds. The protocol is designed with strict security mechanisms that allow managers to execute pre-defined strategies but prevent them from accessing or diverting assets beyond their designated scope.
How Voltr Ensures Security and Autonomy for Vault Managers
Voltr’s architecture provides a structured framework that empowers vault managers while ensuring capital protection:
Role-Based Security: Vault managers can only interact with whitelisted protocols as approved by the vault owners. This ensures that managers operate within predefined boundaries, preventing unauthorized fund movement.
Vault Smart Contract Accounts: Funds are not held in a hot wallet and can only be accessed through pre-defined smart contract functions. This eliminates the risk of external mismanagement or unauthorized withdrawals.
Modular Adaptor Programs: Standardized interfaces allow vault managers to interact with multiple DeFi protocols seamlessly. These adaptors ensure that strategies can be executed across different platforms while maintaining consistency and security.
Vault Management Responsibilities
Vault managers are appointed by vault owners to optimize capital allocation across multiple DeFi strategies. Their responsibilities include:
Rebalancing assets between different lending protocols to ensure optimal distribution.
Monitoring strategy performance and making data-driven adjustments to maximize efficiency.
Adapting allocation based on market conditions to mitigate risks and enhance yield.
Executing strategy changes while adhering to risk management frameworks.
Security & Risk Considerations
Voltr is currently in Beta and has successfully passed Sec3's X-Ray audit and FYEO’s smart contract audit, with a formal audit planned for additional security assurance. As with any DeFi protocol, users must ensure they fully understand and accept the risks associated with using the platform and the underlying strategies implemented in these vaults.
By utilizing Voltr, our multi-lending strategy benefits from a secure, structured, and autonomous infrastructure, ensuring that capital is managed efficiently while maintaining the highest standards of security and risk control.
https://docs.voltr.xyz/docs/security/security-audits
Portfolio Structure
Stablecoin Allocation Strategy & Rationale
Vectis strategically structures its stablecoin allocation to balance security, liquidity, and yield efficiency, ensuring capital is deployed optimally across various assets. The allocation framework is primarily driven by market depth, peg stability, and risk mitigation, with an emphasis on USDC due to its dominance in the Solana ecosystem.
Why USDC is the Primary Stablecoin?
USDC represents the largest and most liquid stablecoin on Solana, with a market capitalization of $9.8 billion, accounting for approximately 76% of the total stablecoin supply on the network. Its deep liquidity ensures minimal slippage, allowing for efficient trade execution and capital reallocation across different DeFi protocols. Additionally, USDC benefits from strong regulatory oversight, institutional trust, and consistent peg stability, making it the preferred stablecoin for both security and capital efficiency.
By prioritizing USDC, Vectis ensures that the majority of its stablecoin holdings remain in the most liquid and stable asset on Solana, reducing counterparty risks and volatility concerns. This approach also facilitates seamless portfolio adjustments, as deep liquidity allows for quick execution of strategy changes without incurring excessive costs.
Diversification into USDT, PYUSD, and USDS
While USDC serves as the primary stablecoin, Vectis strategically allocates a portion of funds into USDT, PYUSD, and USDS to capitalize on yield differentials and risk diversification.
USDT, holding a 16% market share on Solana ($2.03 billion market cap), provides strong liquidity and trading volume. While it is widely used across DeFi markets, historical transparency concerns lead to a balanced approach in allocation rather than overexposure.
PYUSD and USDS, with smaller market caps ($130M and $117M, respectively), occasionally offer higher APYs due to incentives in lending and borrowing markets. Vectis dynamically adjusts allocations to these assets when yield opportunities outweigh the costs of rebalancing, ensuring capital is deployed efficiently.
By diversifying into these stablecoins, Vectis hedges against single-asset risk, while maintaining the flexibility to optimize returns in a risk-adjusted manner.
Integrated Lending Pools
Vectis integrates seamlessly with carefully selected pools across leading Solana DeFi platforms, each chosen based on robustness, liquidity depth, and yield consistency:
Kamino Finance
Kamino Finance pools have the highest Total Value Locked (TVL) at $1.8 billion, offering substantial liquidity, stable yields, and relatively low smart contract risk.
Kamino USDC - JLP Pool
Kamino USDT - JLP Pool
Kamino PYUSD - JLP Pool
Kamino USDC - ALT Pool
Kamino PYUSD - ALT Pool
Kamino PYUSD - Main Pool
Kamino USDC - Main Pool
Kamino USDT - Main Pool
Kamino USDS - Main Pool
Drift Protocol
Drift's pools provide reliable yields and stable liquidity, supporting efficient and secure allocation of stablecoins: 10. Drift USDC - Main Pool 11. Drift USDS - Main Pool 12. Drift PYUSD - Main Pool 13. Drift USDT - Main Pool
MarginFi
MarginFi's reputation for stability and yield consistency makes it ideal for diversified exposure: 14. MarginFi USDC 15. MarginFi USDT 16. MarginFi USDS 17. MarginFi PYUSD
Solend
Solend is selected for its significant liquidity depth and well-established infrastructure within Solana's DeFi ecosystem: 18. Solend USDS - Main Pool 19. Solend USDC - Main Pool 20. Solend USDT - Main Pool
Allocation and Rebalancing Logic
Stablecoin Rebalancing Strategy
Vectis employs a structured and dynamic approach to stablecoin allocation and rebalancing, ensuring yield optimization while mitigating risk exposure. Our methodology prioritizes liquidity depth, security considerations, and yield efficiency, allowing us to strategically allocate stablecoins across multiple protocols while minimizing unnecessary risks.
Protocol Selection & Deposit Allocation
Our allocation strategy is guided by protocol TVL and security considerations. Higher TVL protocols, such as Kamino Finance with $1.8 billion TVL, receive larger allocations due to their deep liquidity, yield stability, and lower smart contract risk. In contrast, lower TVL protocols are assigned smaller allocations to mitigate potential smart contract vulnerabilities and liquidity risks. This structured allocation ensures optimal capital efficiency while preserving the integrity of funds.
Rebalancing for Optimal Yield
Stablecoin allocations are actively rebalanced based on market conditions and APY fluctuations. The rebalancing mechanism follows a systematic evaluation process:
Monitoring APY Differentials
Vectis continuously tracks yield variations across different stablecoin pools.
If an alternative stablecoin (e.g., USDT, USDS, PYUSD) offers a significantly higher APY than USDC, the strategy assesses the feasibility of reallocation.
Assessing Slippage Costs
Before executing any rebalancing, Vectis evaluates the slippage costs associated with swapping stablecoins.
If the projected higher APY offsets the slippage costs within a 1-2 day deposit period, the swap is executed to capture superior yields.
Executing Stablecoin Swaps & Deposits
A portion of USDC holdings is swapped into higher-yielding stablecoins to optimize returns.
Deposits are then reallocated into pools offering the best risk-adjusted yield while maintaining overall portfolio stability.
Continuous Yield Optimization
Rebalancing is not a one-time process; it is an ongoing strategy that adapts to market shifts, liquidity changes, and emerging opportunities. By continuously monitoring protocol TVL, APY trends, and slippage costs, Vectis ensures that capital remains optimally deployed across stablecoin pools, delivering consistent and maximized yield efficiency while maintaining a secure and balanced risk profile.
Withdraw Mechanism
Deposited funds are subject to a 10-minute redemption period, which is designed to offer users greater flexibility. While withdrawals can be requested at any time, the funds will only be available after this 10-minute period has passed. Please note that any profits accrued during the redemption window will not be credited and will be forfeited.
Fee Structure
Vectis uniquely offers no performance and management fees for USDC deposits, promoting transparent and cost-effective management. This fee structure enhances user profitability and encourages greater participation in the ecosystem.
Risk Management & Security Measures
Smart Contract Security: Audited and continuously monitored smart contracts to minimize security risks.
Diversification Strategy: Avoids overexposure to any single stablecoin or platform, ensuring resilience against market fluctuations.
Liquidity Monitoring: Real-time assessment of pool depth and liquidity availability to prevent withdrawal inefficiencies.
Automated Safeguards: Predefined thresholds to trigger rebalancing actions and mitigate exposure to volatile conditions.
Conclusion
Vectis’ Multi Lending Strategy represents a new frontier for stablecoin yield generation on Solana—combining robust security, dynamic rebalancing, and zero-fee deposits into one user-friendly experience. By leveraging Voltr’s role-based infrastructure, Vectis ensures that funds are deployed across whitelisted protocols only, providing peace of mind through ironclad security while continuously pursuing the highest available yields.
Users benefit from near-instant withdrawals, automatic swaps into higher-yielding stablecoins, and a no-drawdown environment—all without incurring performance or management fees. This user-centric model democratizes access to sophisticated yield strategies, allowing participants to effortlessly tap into the best of Solana’s DeFi ecosystem.
Whether you’re a seasoned DeFi practitioner or simply exploring opportunities to grow your stablecoin holdings, Vectis delivers an unmatched balance of safety, liquidity, and return potential. Join us in shaping the next evolution of decentralized finance—where secure, optimized, and cost-effective yield generation is just a deposit away.
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