DeFi on Base
Auto Allocation - DeFi on Base : AERO + MORPHO + cbETH
Dollar cost average into a small set of popular DeFi themed tokens.
AERO - Aerodrome Finance ( 33% of total )
MORPHO - Morpho ( 33% of total )
cbETH - Coinbase Wrapped Staked ETH ( 34% of total )
Eligible deposit tokens sent to an Amasa account which has setup Swap to DeFi on Base in Auto Allocation, automatically enters a set of smart contracts and is swapped using 1inch via decentralized exchange ( Uniswap / Sushiswap ).
The percentage of deposit tokens swapped into DeFi on Base will match the total percentage chosen by the user for that option in their Auto Allocation.
As part of the same transaction executed by the smart contracts, the user wallet address which was connected to setup the Amasa account will be sent the AERO, MORPHO and CBETH.
The assets are then held by, and under the control of the user, not the smart contracts or Amasa.
When rebalancing a portfolio, a user can swap existing assets back to WETH from their dashboard and deposit into their updated Auto Allocation. This may be done if a user wants to change their approach from Stabilise to Amplify or vice versa.
Users can independently confirm and track all transactions on Basescan.
Risk Disclaimer
The DeFi space is not without risk. It is highly recommended to do your own research and only supply assets you can afford to lose. Read Risk Disclaimer
Aerodrome Finance - AERO
Aerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. Aerodrome inherits the latest features from Velodrome V2.
AERO token
AERO is the native token of the Aerodrome Finance platform, which functions as the primary utility token for governance and incentivizing liquidity providers within the decentralized exchange (DEX) ecosystem on the Base network; essentially, holders of AERO tokens can participate in decision-making and earn rewards by contributing liquidity to the platform.
Morpho Finance - MORPHO
Morpho is a decentralized lending protocol built on the Ethereum blockchain. The protocol matches liquidity on a peer-to-peer basis, resulting in a 100% capital utilization rate and better rates for both borrowers and lenders. If a peer-to-peer match for a loan isn’t found, the loan is matched with liquidity from underlying lending pools.
MORPHO token
The MORPHO token is the governance token of the protocol, enabling holders to participate in decision-making processes and vote on proposals.
View more information on MORPHO
Coinbase Wrapped Staked ETH - cbETH
Coinbase Wrapped Staked ETH (cbETH) is a tradable token that represents staked Ethereum (ETH) on the Ethereum blockchain. It allows users to earn staking rewards without lockups and provides flexibility to sell, transfer, or use the token in various DeFi applications. cbETH is backed 1:1 by staked ETH and accrues rewards automatically, but its price can trade at a discount due to lower liquidity and technical risks associated with Coinbase's smart contracts.
cbETH - Wrapped Staked ETH that can be bought and sold
Coinbase Wrapped Staked ETH (cbETH) is a utility token that represents Ethereum (ETH) staked through Coinbase. It provides flexibility to sell, transfer, or use staked ETH without the need to unstake it. cbETH can be traded on decentralized exchanges (DEXs) like Uniswap and Curve, allowing users to buy and sell it directly.
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