> For the complete documentation index, see [llms.txt](https://docs.shredpay.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.shredpay.xyz/yield-products/steakhouse-reservoir-usdc.md). # Steakhouse Reservoir USDC #### About this vault This Earn vault generates yield by supplying USDC into Morpho through the Steakhouse Reservoir USDC, a dynamically managed lending strategy curated by Steakhouse. #### What is Morpho? Morpho is an on-chain lending protocol where depositors supply assets to earn interest from borrowers who borrow against over-collateralized collateral. #### How this vault works **01 Deposit into the Steakhouse Reservoir USDC**\ Deposit USDC into this vault on the Ethereum network. Your funds are supplied to a curator-managed reactor strategy that dynamically allocates capital based on predefined risk and efficiency parameters. **02 Dynamic allocation across Morpho Markets**\ The reactor automatically routes liquidity across Morpho Markets approved by Steakhouse, applying caps and rebalancing logic to optimize capital efficiency while managing risk exposure. **03 Earn yield from borrower interest**\ Yield is generated from interest paid by borrowers across the underlying Morpho Markets. Returns may vary depending on utilization and market conditions. 🔗 **Morpho vault link:**\