One deposit across Jupiter Lend and Kamino. Ventura monitors allocations and rates, rebalances within on-chain limits, and records the reason for every decision.
MAINNET ALPHA Unaudited. A bug or an exploit could take everything in it, and nobody would pay you back. $100 total deposit cap. Put in only what you can lose. Read the risks.
2026-10-31 00:05
Reduced Kamino main-market USDC: $4.31.
Added to Kamino OnRe market USDC: $4.31.
Why:
Moving 4.31 USDC from Kamino main-market USDC to Kamino OnRe market USDC: Earns $0.02 more over 30 days after its own effect on rates and $0 of costs.
Portfolio:
Jupiter 34.77%, Kamino main 34.98%, Kamino OnRe 25%, cash $2.255578 of $43.14.
After: Jupiter 34.77%, Kamino main 24.99%, Kamino OnRe 34.99%, cash $2.26.
Reserve: $2.255578 uncommitted cash against a $0.862824 hard floor and a $2.15706 target. Withdrawable now from the vault's own positions: jupiter-lend-usdc $15.004232, kamino-main-usdc $15.094627, kamino-onre-usdc $10.786776. Free cash plus that comes to $43.14.
Changed since the venue review, for a person to read again: Kamino Lend was upgraded after this review; Scope, Kamino's price program, was upgraded after this review. The keeper moves no money because of it.
Effect:
Estimated portfolio APY increased by 0.544 percentage points, from 5.855% to 6.399%.
Execution: sent.
deallocate kamino 4.312648: sent 5dDV712i5faowJox2aNVGNxgD4YUWAR1VXmggteC4YBrtpL2R8wjhxLEkKWdVLjgRZW9tXDUgk7JHLLU1oGJgd51
allocate onre 4.312648: sent 54pnfitf58jVxpTK4YxG2jtnZehdp4F9TpXCT8X86xVzydFHShXxo2gvHn11NZ15FiWrT3pm9tReVAR4aPFmoECD
Policy keeper-2026-10-12-cap100-min1c. Basis read by simulate at slot 463480352.
Receipt ID: 2026-10-31T00:05:09.922Z-0126
LATEST CHECK · 9 min ago
Nothing moved. The closest call was moving $1.00 of the $4.32 that could have moved from Kamino's OnRe market to Kamino's main market, the size that earns the most: it loses $0 after costs over 30 days, short of the $0.01 minimum.
Why delegate?
Keep earning. Hand over the upkeep.
You can lend USDC yourself. Ventura earns its fee by managing the allocation and showing its work.
Managing USDC lending yourself compared with Ventura USD
The job
Do it yourself
With Ventura
Choose an allocation
You choose and maintain it
One vault across three markets
Monitor & rebalance
You check and act
Keeper manages within on-chain limits
Follow the decisions
You keep your own record
A public receipt for every decision
Management fee
No Ventura fee
10% of gains above a high-water mark
Current APY
5.45%Jupiter Lend, held directly
4.61%Ventura, estimated after fee
At these rates, about $7 a month less on a hypothetical $10,000 than Jupiter alone. That is the tradeoff for delegated management.
Rates read just now. Variable APYs, including rewards. The illustration holds rates flat; it is not a forecast. Ventura adds its own contract and manager risks.
Your shares track your portion of the vault, priced from its holdings inside the deposit transaction.
02 / MANAGEMENT
The keeper takes over.
It lends across three approved markets, checks allocations and rates, and keeps a cash reserve for withdrawals.
03 / WITHDRAWAL
Ask for your USDC back.
Cash pays first, then a market withdrawal. If liquidity is short, the remainder queues until it can be paid.
The important details
Know what you're holding.
What are the risks?+
Ventura is unaudited, holds founder funds under a $100 total cap, and can lose money. Its shares are not a stablecoin or an insured bank deposit. Contract bugs, USDC, collateral, and shared protocol dependencies all carry risk.
OnRe borrowers post ONyc, a reinsurance-backed token. If it falls faster than it can be sold, lenders can lose money. Allocation caps limit exposure; they do not guarantee protection.
Who controls it, and what is still unfinished?+
The keeper can move funds only between vault cash and three pinned markets. Ventura holds the upgrade authority through a 2-of-3 multisig with no time lock.
The keeper acts on rates, cash and the caps. What each market depends on, such as its collateral, its price feeds and who can upgrade it, was checked by hand when the market was added and is not re-checked yet. Every market gets the same cap.
An incident deposit-pause switch and rules for sharing impaired-market losses between exiting and remaining holders are not implemented. This is a working alpha, not a finished savings product.
What if the keeper stops?+
After the configured outage delay, anyone can unwind a market into the vault to fund queued claims. Available liquidity still limits withdrawals. Cash owed to the queue cannot be reinvested by the keeper.
How does the fee work?+
Ventura takes 10% of gains above the previous high-water mark, so recovering a loss is not charged twice. There is no deposit or withdrawal fee. The estimated net APY includes the performance fee and cash held in reserve.
Who can use it?+
Jupiter Lend and Kamino exclude US persons and other jurisdictions. Ventura applies those restrictions. Check availability in your country.