Steakhouse EURCV
19% of this vault sits in exotic / elevated-risk collateral, yet it earns 1.62% on EURCV versus 1.82% for a plain EURCV vault (-20 bps). You're not being paid for the extra risk.
The Steakhouse EURCV vault aims to optimize yields by lending EURCV against blue chip crypto and real world asset (RWA) collateral markets, depending on market conditions. We call this the “dual engine.”
The honest version. Every structural failure mode this vault is exposed to, ranked by severity. If you want to know whether to invest, start here.
Vault is split across 10 markets. More markets means more parameter surface area for the curator to monitor.
Every market relies on an external price feed. A stale or manipulated feed can mis-price collateral and produce unrecoverable bad debt.