Mezzanine(@mezzanine_fi):A vault can save you work. Tranching can change what you get to choose. Monday's question was why use a vault at all, when the protocols underneath are open to anyone. Prime answers both halves. The yield starts with home equity lending through Hastra's PRIME. The loop builds exposure across Morpho and Kamino, and the vault holds that cross-chain position together so depositors don't have to. Run it yourself and you hold the whole position. Tranched, the yield and the losses get split, and you pick where you sit. Junior takes first loss for a larger share of the yield. Senior takes a smaller cut, with junior capital absorbing losses ahead of it.

2026.09.18 10:24

A vault can save you work. Tranching can change what you get to choose. Monday's question was why use a vault at all, when the protocols underneath are open to anyone. Prime answers both halves. The yield starts with home equity lending through Hastra's PRIME. The loop builds exposure across Morpho and Kamino, and the vault holds that cross-chain position together so depositors don't have to. Run it yourself and you hold the whole position. Tranched, the yield and the losses get split, and you pick where you sit. Junior takes first loss for a larger share of the yield. Senior takes a smaller cut, with junior capital absorbing losses ahead of it.