Curated Stability Vaults - A New Yield Frontier

Why the Status Quo Fails

Today, most stability systems rely on one-size-fits-all vault logic. Every depositor—big or small, aggressive or conservative—is treated the same. The result? Performance caps and systemic inefficiencies.

Beyond that, local market nuances—like DEX liquidity depth, oracle latency, or funding spreads—are ignored. These micro-inefficiencies add up, creating deadweight loss across the stability layer.

And perhaps most critically, there’s no transparent venue for competition. Risk engines and allocation strategies live behind closed walls, making it impossible for the best ideas to rise to the top.

Steer’s Model: Opening the Rails

Steer introduces Curated Stability Vaults as an open framework for competitive yield. It begins with base vaults—chain-level, policy-bound vaults that ensure fundamental safety. On top of that foundation, approved curators can deploy specialized strategies tuned to different risk/return appetites.

Each curator publishes a “policy manifest”—a transparent description of how their vault behaves under various scenarios. Users can then compare, backtest, and choose. The result is a dynamic marketplace where stability becomes programmable, measurable, and competitive.

Think of it like DeFi’s version of a mutual fund marketplace, but for algorithmic stability.

Curator Tooling

Behind the scenes, curators get a full suite of intelligent infrastructure:

• A Strategy SDK that feeds live metrics such as collateral ratios, redemption volume, volatility, and AMM spreads.
• A Backtest and Simulation Harness—complete with scenario packs for redemption stress and volatility regimes—to validate performance before deployment.
• On-chain policy guards and attestations that make every move auditable, and real-time telemetry dashboards for performance and risk reporting.

Steer’s rails give curators power without compromising control. Each vault operates within defined policy bounds, monitored and enforced automatically.

Value for Chains and Liquity Forks

Chains running Liquity-style systems can now attract professional curators—quant teams, market makers, and DeFi-native asset managers. This opens the door to a more diverse set of stability strategies without central governance intervention.

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Instead of arguing over parameters on Discord, protocols can let markets decide. The best curators earn higher TVL, better APY, and stronger reputations—all tracked transparently on-chain. Over time, the ecosystem self-optimizes toward efficiency and safety.

Value for Curators

Curators gain instant access to a proven, audited infrastructure. They can go from model to deployment in hours, not months—earning both management and performance fees.

They can even integrate off-chain signals via oracle bridges, bringing unique alpha into their vaults while maintaining on-chain transparency. Every action feeds into a public scorecard, building reputation that compounds across networks.

This is the beginning of programmable fund management—open, composable, and reputation-driven.

Safety & Governance Guardrails

All curated vaults operate under strict policy frameworks.
Whitelisted actions, CR floors, and circuit breakers ensure that every move stays within bounds. Each vault publishes a human-readable policy manifest verified by on-chain checks.

If a curator underperforms or breaches policy, automated sunset paths and pause controls protect users and preserve systemic integrity. The framework allows innovation—without ever risking chaos.

Measuring Success

Success in a Curated Stability system isn’t about just APY—it’s about resilience.
Key metrics include:

• Net APY vs. the baseline vault
• Drawdown during stress events
• Redemption friction and stability persistence
• TVL diversity across curators
  
  

Each data point tells a story of how well the ecosystem learns, adapts, and grows under competitive conditions.

Integration: Three Simple Steps

1. Enable Steer on your Liquity fork contracts.
2. List your base vaults, then open curator onboarding using a scoring rubric.
3. Launch a curated marketplace page that showcases live telemetry, vault stats, and curator performance.

That’s it—you’ve transformed your stability layer into a yield frontier.

Call to Action

Open your stability layer to competition.
Let curators innovate, depositors choose, and your market evolve.
Steer’s Curated Stability Vaults are the next step in on-chain financial evolution.

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