Benefits
How Lenders and Borrowers benefit from csUSDL.
Last updated
How Lenders and Borrowers benefit from csUSDL.
Last updated
Lenders come with USDC and mint csUSDL. Borrowers come with blue-ship collateral (selected by Steakhouse) and mint csUSDL. Overall, we are lending a yield bearing stablecoin to blue chip assets.
Curated Risk Profiles
The csUSDL Vault supports only blue-chip collateral, allowing users to choose a secure, tailored lending environment. This ensures lenders can avoid exposure to riskier, long-tail assets, focusing exclusively on high-quality, stable collateral.
Transparent
Morpho Vaults are noncustodial with immutable logic and onchain verifiable allocations, ensuring users have full visibility into the markets where their assets are deployed.
High Yield Potential
Earn up to 10% APY through combined returns from the underlying real-world asset and optimized DeFi lending markets via Morpho’s capital-efficient markets. Interest earned by suppliers are optimized by dynamically rebalancing across multiple markets with the best risk-return ratio.
Lending Rewards
Gain token incentives from Coinshift and Morpho, enhancing total returns.
Enhanced DeFi Opportunities
Maximize earning potential by leveraging csUSDL in various DeFi strategies.
Low Borrowing Rates: Access affordable liquidity to fund strategic needs.
Borrowing Incentives: Earn rewards in the form of token incentives from Coinshift and Morpho.
Dual Role Flexibility: Borrow USDL and supply it to the Coinshift vault to mint csUSDL, reaping all associated benefits as a lender.
Strategic Leverage: Maintain asset exposure while borrowing, enabling capital efficiency and continued potential asset appreciation.
Tax Efficiency: Use assets as collateral to access liquidity without triggering taxable events, effectively deferring capital gains.
Liquidity During Market Downturns: Tap into USDL to meet operational or strategic financial needs without selling assets at depressed values, preserving long-term positions for potential market recovery.
