Beskar
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Beskar wBRL

Lends wBRL (Brazilian real) on Base

Launching on BaseDeposits open at launch
Asset
0xD76f…90e0
Vault
Pending deployment
Share token
beskarWBRL
FX oracle
Chainlink BRL / USD (0.1% deviation, 1h heartbeat)

Markets

The vault supplies wBRL to these Morpho Blue markets. Borrowers are liquidated when their loan reaches the LLTV share of their collateral value. New deposits go to the liquidity market first.

CollateralLLTVChainlink feedsToken
USDCliquidity77%USDC / USD, BRL / USD0x8335…2913
USDT77%USDT / USD, BRL / USD0xfde4…9bb2
WETH62.5%ETH / USD, BRL / USD0x4200…0006
cbBTC62.5%cbBTC / USD, BRL / USD0xcbB7…33Bf
wstETH62.5%wstETH / ETH × ETH / USD, BRL / USD0xc1CB…e452

Parameters

Curator timelockEvery risk-increasing change on the vault and adapter.
3 days
Fee timelockAny change to fees is announced two weeks ahead.
14 days
FeesNo performance or management fee.
0%
Max rateUpper bound on how fast share price can grow.
100% APR
Liquidity marketNew deposits are supplied to the USDC market first.
USDC
Inflation guardA seed deposit is burned to 0xdEaD at launch.
Dead deposit

Roles

OwnerAppoints the curator and sentinels. Cannot move funds.
Pending deployment
CuratorBeskar risk team. Enables markets and sets caps, always behind a 3-day timelock.
Pending deployment
AllocatorBeskar operations. Moves liquidity between enabled markets, within caps.
Pending deployment

See the risk disclosures before depositing.