Overview
Vision
The philosophy behind memento and our approach to stablecoin yield.
The Stablecoin Paradox
Billions of dollars sit idle in stablecoins. Not because the holders lack sophistication. Many are seasoned investors who have chosen to de-risk. They stay on-chain for good reasons: tax efficiency, instant liquidity, avoiding the friction of traditional finance.
Yet the options for putting this capital to work are underwhelming. Lending protocols offer single-digit yields that barely keep pace with inflation. Higher returns exist, but they come wrapped in complexity, risk, or the need to actively manage positions across multiple chains.
We believe there is a better way.
Real Yield, Not Token Emissions
Most DeFi yields are funded by token emissions. Protocols print tokens to attract liquidity. This works until it does not. When emissions slow or token prices fall, yields collapse and capital flees.
memento takes a different approach. Our yields come from real economic activity:
Corporate Dividends
Companies distributing profits to shareholders. Predictable, recurring, backed by real business performance.
Rental Income
Tenants paying rent on commercial and residential properties. Tangible assets with contractual cash flows.
Business Cash Flows
Revenue from operating businesses like laundromats, car washes and vending routes. Simple models with consistent demand.
Market Inefficiencies
Funding rates and basis spreads in derivatives markets. Structural arbitrage that exists regardless of market direction.
These income streams existed before crypto and will exist long after the current yield farming meta fades. We are simply building the infrastructure to make them accessible on-chain.
Transparency as Foundation
Trust in financial services is built through transparency, not marketing. We document everything:
Strategy Mechanics
Exactly how each vault generates returns, what assets we hold, and how we manage risk.
Capital Structure
How your USDC stays on-chain while we access traditional markets through our banking partnership.
Fee Structure
What we charge, where fees go and how they align our incentives with yours.
Risk Factors
Honest assessment of what can go wrong, not just what we hope will go right.
These docs exist because you deserve to understand what happens with your capital. No black boxes. No hand-waving. No "trust us."
Simplicity Over Complexity
Yield optimization should not require a full-time job. We handle the complexity so you do not have to:
Connect
Link your Solana wallet
Deposit
Choose a vault, add USDC
Earn
Collect yield automatically
No bridging between chains. No rebalancing positions. No monitoring dashboards. No chasing the latest farm. Just consistent, sustainable returns on your stablecoins.
Privacy by Design
Financial privacy is not about hiding wrongdoing. It is about maintaining dignity in an increasingly transparent world.
We believe in a balance: you should understand exactly how we generate returns, but your personal financial situation is your own business. We design our systems with this principle in mind.
No KYC for basic vault access. Use a fresh wallet if you prefer. Your yield strategy is transparent; your net worth is not.
Long-Term Orientation
We are not building for the next cycle. We are building infrastructure that compounds over decades.
Conservative Limits
We start with small capacity caps and grow deliberately. Rushing to scale before systems are proven is how protocols fail.
Sustainable Yields
We target returns that can persist through market cycles, not eye-catching APYs that collapse under pressure.
Aligned Incentives
Our fee structure and token mechanics ensure we succeed only when depositors succeed. No extraction, no misalignment.
The Road Ahead
memento is early. The vaults are live, the docs are written, but we are just getting started.
Our goal is to become the default destination for stablecoin savers. A place where idle capital finds productive use without sacrificing simplicity, privacy, or peace of mind.
We will get there by staying focused on what matters: real yields, transparent operations and relentless improvement.
memento
Idle capital, back to work.