The sluice

Every number on this page is read from the chain: the contract, the two Morpho markets it lends into, and who holds its shares.

Deposit

Sluice

A tokenized lending position that splits USDG across fixed Morpho markets by fixed weights. Deposits fill the lane furthest below target; withdrawals drain the lane furthest above it. It has no manager and no settings.

TypeOpen-end, no lock

Accepted asset

USDG

Deposits held–

Share price1.000000 at start

Sluice contract0x1728…767c

Share tokenvxUSDG (12 decimals)

Lending venue0x9D53…1010

Owner / feeNone / none

The two lanes

Each lane is one Morpho Blue market lending USDG. A green check means the parameters read from Morpho match the ones written into the sluice.

Lane 1: USDe

parameters match

Market supplied

…

Lender rate

…

Lent out –: the rest is free cash lenders can withdraw.

From the sluice–

Sluice can withdraw now–

Target weight50%

Liquidation LTV91.5%

Borrow rate…

Market fee…

Oracle0xE648…055f

Rate model0x2BD3…0fa1

market id 0xc845da65a020ddca5f132efa8fea79676d8edfdea504226a4c01e7a9e34cddd6

Lane 2: syrupUSDG