Lenders earn yield from interest paid by borrowers. Borrowers deposit collateral assets into Euler's credit markets and borrow loans against their collateral. For detail on this vault’s curator and risk parameters, see link.

Description from vault manager:
The Steakhouse ETH vault aims to optimize yields by lending ETH against blue chip crypto and real world asset (RWA) collateral markets, depending on market conditions. We call this the “dual engine.”

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