> 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-usdc.md).

# Steakhouse USDC

**About this vault**\
This Earn vault generates yield by supplying USDC into Morpho, using a strategy curated by Steakhouse Financial.

**What is Morpho?**\
Morpho is an on-chain lending protocol where suppliers earn interest from borrowers, who borrow only after posting over-collateralized collateral.

**01 Deposit in a Morpho Vault**\
Deposit USDC into this vault on the Base network. Your deposit is supplied to a curator-managed vault strategy, so always review curator strategy and exposure before depositing.

**02 Assets are supplied to Morpho Markets**\
The vault allocates deposits into whitelisted Morpho lending markets and manages caps to balance yield and risk (often targeting blue-chip/RWA-backed collateral).

**03 Earn yield from borrowers**\
Yield comes from borrower interest payments, and may include MORPHO incentive rewards depending on underlying markets.

**Morpho vault link:** [https://app.morpho.org/base/vault/0xbeeF010f9cb27031ad51e3333f9aF9C6B1228183/steakhouse-usdc](https://app.morpho.org/base/vault/0xbeeF010f9cb27031ad51e3333f9aF9C6B1228183/steakhouse-usdc?utm_source=chatgpt.com)