What changed
TAU Carry Vaults already existed at the prior observation, but CURATED has now opened four stock vaults and announced a CURATED-only extra 10% APR in USDC plus 20% more Fusion Points. A Portals snapshot published on 2026-09-11 showed the representative TAU AAPLc Carry Vault at 10.00% APY and $38.16K TVL; current post-launch TVL and APY for all four CURATED vaults were not independently verified.
Why it matters
A new distribution and incentive layer now sits on top of the tokenized-stock carry strategy, making yield terms route-dependent even when the underlying TAU/IPOR strategy is similar. Base carry, temporary USDC incentives and points should therefore be compared separately.
Evidence
- TAU Labs / CURATED public social surface — The public announcement stated that stock vaults for NVDAc, AAPLc, GOOGLc and METAc were open on CURATED, with an extra 10% APR paid in USDC and 20% more Fusion Points available through CURATED.
- Portals.fi — DeFi TVL September 2026 Week 2 — A snapshot published on 2026-09-11 recorded the TAU AAPLc Carry Vault at 10.00% APY and $38.16K TVL and described it as an evergreen carry strategy built on IPOR Fusion.
- CURATED by IMPOSSIBLE — CURATED is a public platform operated by Impossible Finance and is the distribution venue named for this stock-vault program.
Limitations
The dynamic CURATED interface did not expose independently verifiable launch-time TVL, current APY, USDC reward budget, duration, caps or payout frequency for all four vaults. Public information also did not establish whether the extra 10% APR is already included in any displayed vault APY, so no simple combined APY is reported. Fusion Points are not equivalent to cash yield. TAU/IPOR carry strategies retain borrowing-rate, strategy, smart-contract and liquidity risk, while each tokenized stock carries issuer, custody, redemption and eligibility constraints.
Disclosure
This is a public-market observation and does not constitute investment advice.