Your vault, your keys. Our engineering.
AP3 Labs designs and deploys Morpho and Lagoon vaults for companies that want to run their own on-chain treasury, then runs it with you, at the level of autonomy you choose.
- Your Safe owns the vault
- Never in custody
- Zero AP3 fee on vaults
The service
Design, deploy, propose
One engagement, from the first allocation policy to the transactions your signers approve every week.
- 01
Design
Your treasury constraints become a written allocation policy.
- Eligible assets and markets
- Caps per market and protocol
- Liquidity buffer and alert thresholds
- 02
Deploy
The vault goes live on-chain, owned by your multisig from block one.
- Morpho or Lagoon vault, Safe multisig
- Roles, timelocks and guardians
- Runbooks and signer training
- 03
Propose & monitor
AP3 Labs watches the vault and proposes transactions, or executes them within your limits if you delegate.
- Continuous monitoring and alerts
- Reallocations proposed to your Safe
- Reporting for finance, risk and audit
Morpho vaults
Open by design
A Morpho vault is a public, non-custodial product on-chain. Nobody holds the deposits, including AP3 Labs.
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Fully non-custodial
Deposits sit in audited Morpho smart contracts, not with an intermediary. Every depositor can withdraw on their own, at any time, within available liquidity.
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Permissionless
No whitelist: anyone can deposit, from your treasury to any other wallet. Allocations, caps and positions are public on-chain.
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No AP3 Labs fee
AP3 Labs takes no fee on the vault, neither management nor performance. It does not aim to monetise vault products: it is paid for the service, nothing else.
Need to restrict who can deposit? Lagoon vaults support depositor whitelists.
Who holds what
You choose your level of autonomy
Ownership always stays with your Safe. Depending on how hands-on you want to be, AP3 Labs proposes, executes within your limits, or curates under your veto.
You hold every role. AP3 Labs monitors the vault and proposes each transaction to your Safe; your signers execute.
- Vault ownership
- Morpho
Owner - Lagoon
Owner - Held byYour Safe
- Risk & valuation
- Morpho
Curator - Lagoon
Valuation manager - Held byYour Safe
- Reallocations
- Morpho
Allocator - Lagoon
Curator - Held byYour Safe
- Emergency veto
- Morpho
Guardian - Lagoon
— - Held byYou or an independent party
In every setup, AP3 Labs never owns the vault and can never withdraw deposits. You can move to another level, or revoke AP3 Labs, at any time.
Self-managed mode
How a transaction reaches your vault
- 1
Monitor
Rates, utilisation and risk parameters are tracked against your policy.
- 2
Build
A reallocation is prepared and simulated, with the reasoning written up.
- 3
Propose
The transaction is submitted to your Safe as a proposal, nothing more.
- 4
You sign
Your signers review it, then approve or reject. Nothing moves without them.
Engagement
Two fees, both fixed
AP3 Labs takes zero fee on the vaults it deploys: no management fee, no performance fee, no percentage of assets. It is paid for the work, never for the product.
Fixed fee
Allocation policy, vault deployment, multisig and role setup, runbooks and signer training.
Monthly retainer
Monitoring and alerts, transaction proposals, and regular reporting for your finance and audit teams.
FAQ
Common questions
Can AP3 Labs move our funds?
AP3 Labs can never withdraw deposits or take ownership of the vault. In self-managed mode it only proposes; with delegated allocation it moves deposits between markets your vault already allows, within your caps.
Can other investors deposit in our Morpho vault?
Yes. Morpho vaults are permissionless: any wallet can deposit and withdraw, without a whitelist. If you need a closed vault, Lagoon supports depositor whitelists.
Which protocols do you deploy?
Morpho vaults and Lagoon vaults, on the networks those protocols support. The choice follows your assets, custody setup and reporting needs.
What happens if we stop working together?
Your Safe revokes every role AP3 Labs holds. The vault, its funds and its configuration stay exactly where they are, under your control.
Who decides the strategy?
You do. AP3 Labs structures the allocation policy with your team and turns it into on-chain parameters; your company approves it and every change to it.
Scoping a treasury vault?
A short call to understand your treasury, then a written proposal.
AP3 Labs provides technical and operational services. It does not provide investment advice, does not hold client assets and never owns client vaults.