$1.07
-0.01%
$1.06
24h Range
$1.07
Market Cap
$96,299,041.0
Fully Diluted Valuation
$96,319,841.8
24 Hour Trading Vol
$0
Circulating Supply
90,102,751.9
Total Supply
90,102,751.9
Max Supply
∞
Steakhouse USDC Morpho Vault Price
$1.07
24h Range
$1.06 - $1.07
Percent Change 1h
-0.02%
Percent Change 24h
-0.01%
Percent Change 7d
0.13%
All-time high
$1.09
All-time low
$1.05
1D
7D
1M
1Y
All
Steakhouse USDC Morpho Vault (STEAKUSDC) is a decentralized finance (DeFi) product that integrates the benefits of stablecoin yield farming with the efficiency of the Morpho protocol. It allows users to deposit USDC, a stablecoin pegged to the US dollar, and earn competitive yields through the Morpho lending protocol. The vault automatically optimizes the yield by leveraging Morpho's unique features, such as peer-to-peer lending and borrowing, which aim to improve capital efficiency and reduce slippage in trades. As of early 2024, the STEAKUSDC vault has achieved significant traction, with over $200 million in total value locked (TVL), indicating growing user trust and adoption.
The Steakhouse USDC Morpho Vault was founded by a team of experienced professionals in the blockchain and finance sectors. The founders include prominent figures like Alexis H. and other core contributors who have backgrounds in software development, economics, and financial services. Their combined expertise has helped shape the vault's innovative features and functionality, ensuring it addresses the needs of both novice and experienced DeFi users.
Steakhouse USDC Morpho Vault operates by allowing users to deposit their USDC into the vault, where it is then aggregated with other users' funds. The vault utilizes the Morpho protocol to lend out these deposits to borrowers at competitive interest rates. Unlike traditional lending platforms, Morpho facilitates a peer-to-peer system that connects lenders directly with borrowers, optimizing the lending process and maximizing returns. The vault employs smart contracts to manage deposits and withdrawals securely, automatically reallocating funds to ensure users receive the best possible yield. Additionally, the vault charges a small management fee, which is used to maintain operations and reinvest in the ecosystem.
The Steakhouse USDC Morpho Vault offers several compelling use cases for its users:
To ensure the safety of your investments in the Steakhouse USDC Morpho Vault, consider the following practices:
Investing in Steakhouse USDC Morpho Vault (STEAKUSDC) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Steakhouse USDC Morpho Vault: Once your account is funded, you can purchase Steakhouse USDC Morpho Vault directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Steakhouse USDC Morpho Vault using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Steakhouse USDC Morpho Vault (STEAKUSDC) is currently trading at $1.07 and exhibits good potential for future growth. Check the latest Steakhouse USDC Morpho Vault (STEAKUSDC) price prediction.
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