Frgmnt opens Founding Allocator Program for institutional…
By Karthik Subramanian
AI summary of the source article
Frgmnt has launched its Founding Allocator Program, offering up to 10 institutional investors access to curated, non-custodial Morpho Vault stablecoin lending strategies. Eligible participants onboard via Anchorage without lock-ups or programme fees.
Why it matters
According to Frgmnt CEO Aurélien Roussel, the program was built "to bridge that gap — combining professionally curated onchain strategies with the infrastructure institutional investors need to evaluate, access and manage an allocation" without having to build DeFi infrastructure themselves.
Key facts
- The Founding Allocator Program is open and limited to 10 institutional allocators onboarding through Anchorage.
- Curated Morpho Vault strategies have generated an average annualised yield of 6.80%, with an enhanced yield of up to 10% APY for participants.
- The programme features zero programme fees, no lock-up periods, and same-day withdrawals under normal conditions.
Source excerpt · FinanceFeeds
Key Facts The Founding Allocator Program is limited to 10 institutional allocators. Participants get non-custodial Morpho Vault strategies curated by Frgmnt. Those strategies have generated an average annualised yield of 6.80%, with an enhanced yield of up to 10% APY for programme participants. There are no programme fees and no lock-up, and withdrawals are same-day under normal operating conditio…