[LeadBlock RWA USDC] Update & Adding backstop market (WBTC / USDC)

The vision of the LeadBlock RWA USDC vault is to support the integration of real-world assets (RWA) into DeFi and create utility through use as collateral. Since launch we have seen continued growth of the asset class and growing interest in use of RWA as collateral by issuers, tradfi players and startups alike.

Supplying into the vault paves the way for such RWA integrations while offering solid yield and rewards from RWA issuers. In order to maintain attractive yield levels LeadBlock will add the WBTC/USDC 86% LLTV market to the vault to act as a backstop when the borrowing needs of RWA holders are insufficient to use available liquidity.

WBTC is a bluechip collateral and is widely used across Morpho vaults and DeFi lending protocols making it ideal to be used as a backstop.

Market Parameters

Loan token: USDC - 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
Collateral token: WBTC- 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599
Oracle: Morpho Chainlink - 0xDddd770BADd886dF3864029e4B377B5F6a2B6b83
IRM: Adaptive Curve IRM - 0x870aC11D48B15DB9a138Cf899d20F13F79Ba00BC
LLTV: 86.0%