The Steakhouse USDC Morpho Vault (steakUSDC) is a yield-bearing token representing deposits of USDC into Morpho Blue lending markets backed by high-quality collateral such as wBTC, wstETH, and tokenized T-bills. The vault automatically compounds interest, and holders can redeem steakUSDC for USDC plus accrued yield. Governed on-chain through Aragon DAO guardians and timelocks, the vault offers transparent, permissionless access to optimized DeFi lending returns.
You can view, swap, send and receive steakUSDC tokens directly from your MEW Wallet. To receive your steakUSDC tokens you can send them to your public wallet address. You can then view them in your MEW Wallet by selecting your wallet and selecting the token from the tokens list. You should see the steakUSDC token information page. You can send your steakUSDC tokens in your MEW Wallet by clicking the ‘Send’ button and entering the recipient’s wallet address. To swap your steakUSDC tokens, you can click the ‘Swap’ button and choose which tokens you want to swap to. However, if the ‘Swap’ button is not active you will need to use a DEX to swap your tokens.