what's Steakhouse USDC Morpho Vault?

Steakhouse USDC Morpho Vault is a DeFi yield optimization product built on the Morpho lending protocol. It allows users to deposit USDC to earn compounded yields from lending markets, with automatic reinvestment to maximize returns while maintaining liquidity. Curated by Steakhouse Financial, the vault integrates with Morpho's shared liquidity model, enabling efficient capital allocation across optimized markets on Ethereum and compatible chains like Base. The vault operates by supplying USDC to high-yield Morpho Blue markets, selected based on risk-adjusted parameters such as loan-to-value ratios and collateral quality. Users receive STEAKUSDC tokens representing their share, which can be redeemed for the underlying USDC plus accrued yields at any time. This setup leverages Morpho's peer-to-peer matching for better rates than traditional money markets, reducing reliance on overcollateralized pools. Security is enhanced through Morpho's audited infrastructure and Steakhouse's curation process, focusing on blue-chip assets like USDC. It supports seamless integration with wallets and DeFi apps, promoting passive income generation in a non-custodial manner.

Steakhouse USDC Morpho Vault reached over $500M TVL on Morpho mainnet.

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