USDC Lending Supply Vault
Renzo USDC Vault-1
Overview
Renzo USDC Lending vault is an automated stable vault that enables users to earn yield on their stablecoins with zero management overhead. The vault currently supports deposits in USDC.
Behind the scenes, the vault allocates liquidity to trusted lending protocols, starting with Aave. Over time, additional strategies will be introduced, expanding the vault’s reach across multiple yield sources and improving both risk diversification and return potential.
Vault Details
LP Token Symbol: ezUSDC1
LP Token Name: Renzo USDC 1
Fees: 20% Performance Fee (e.g. 20% of yield generated in USDC terms)
Underlying Vault Asset: USDC
Key Benefits
Earn competitive yield on stablecoins: Earn optimized returns on stables.
No Active management required: A simple vault UI handles allocation, rebalancing, and diversification automatically.
Smooth withdrawals: Withdrawals are enabled from the vault starting from day one.
LP price tracking: Monitor individual vault positions and price movements in real time.
Bundled transactions: Smart batching reduces gas costs and optimizes capital efficiency for all vault participants.
Deployed Strategies
Aave - Primary lending pool for the vault at launch.
Vault Allocations can be viewed here: https://debank.com/profile/0x877bbA4238EF1DCA9BF574561da633049de3A334
Deposits
Click Connect Wallet to link your EVM wallet.
Confirm the amount of USDC tokens and proceed to deposit.
Approve and confirm the transaction on your wallet.
Once the deposit is successful, you can view your ezUSDC1 on your wallet.
Withdrawals
Visit http://app.renzoprotocol.com/vaults/ezusdc1 and select withdraw.
Enter the amount of vault shares ezUSDC1 that you would like to redeem. You can click MAX to enter the maximum tokens available
Confirm the amount and proceed to deposit.
Approve and confirm the transaction on your wallet.
Important Note on Withdrawals
There is a 3-day cooldown period which the user must wait before the withdrawal request is claimable. Once the 3 day cooldown period has been completed and the USDC is available in the Withdraw Queue, the user can claim the withdrawal request. The LP token will be burned and the USDC will be sent to the users.
Note: The price that the user gets for final conversion of LP Tokens to USDC is the lower of
When the user creates the initial withdrawal request
When the user claims the withdrawal request
Contracts
LEZy vault address - 0x877bbA4238EF1DCA9BF574561da633049de3A334
WithdrawQueue address - 0x01D62CAE01b1df926c0a32EBe057374C4049C711
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