Aave Labs has launched a new infrastructure product, Stable Vault, designed to help institutions integrate predictable stablecoin yield into their products.
According to a recent report by The Block, Stable Vault helps fintech firms, wallets, exchanges and payments apps add stablecoin yield features without directly building and operating complex DeFi infrastructure.
Stable Vault allocates user deposits across multiple DeFi strategies, including Aave V3 and V4 markets, SavingsGHO vaults and customised ERC-4626 tokenised vaults. It provides the resulting returns to customers.
To maximise returns, Stable Vault continuously optimises capital allocation across multiple blockchains. Users can experience the benefits of multichain liquidity without cross-chain complexity, Aave Labs said.
Users do not separately bear swap, bridging or exchange fees. If they bridge direct withdrawal claims, they bear the related fees themselves. Aave Labs said related operating costs are reflected in the vault’s overall yield structure rather than charged as individual fees.
Aave is the largest Ethereum-based lending protocol, but the ecosystem took a major hit after the Kelp DAO attack.
Chi-gyu Hwang
delight@d-today.co.kr