What is Morpho Steakhouse Prime USDC?
Morpho Steakhouse Prime USDC is a curated lending vault on Morpho Blue's Base deployment, managed by Steakhouse Financial. This vault focuses on conservative risk management by allocating USDC deposits exclusively to markets with high-quality, liquid collateral types.
How Prime Vaults Work
Steakhouse Prime vaults prioritize capital preservation:
- Selective Markets: Only allocating to markets with premium collateral
- Conservative LTVs: Lower loan-to-value ratios for safety margin
- Blue-chip Assets: Focus on established, liquid collateral types
- Active Monitoring: Continuous risk assessment and rebalancing
When you deposit USDC:
- Funds enter the Prime vault
- Steakhouse allocates to vetted markets
- Interest accrues from borrower payments
- Withdraw USDC plus yields anytime
What Assets Are Involved
Supply Asset: USDC on Base network Vault Token: STEAKUSDC - vault share token Network: Base Curator: Steakhouse FinancialPrime vault collateral typically includes:
- Major stablecoins
- ETH and wrapped ETH variants
- Liquid staking tokens
- Established wrapped assets
Base Network Benefits
Operating on Base provides:
- Low transaction costs for deposits and withdrawals
- Fast confirmation times
- Growing DeFi ecosystem
- Coinbase ecosystem integration
- Strong liquidity for major assets