Prime Term

Steakhouse Financial's fixed-rate Prime lending vaults targeting 4-6 month duration with A-rated or above collateral on Ethereum.

Prime Term is Steakhouse Financial's fixed-rate institutional lending product line. It targets durations of 4-6 months with a 10% liquidity sleeve in Prime Instant, and will relies on Morpho's fixed-term loan product and Steakhouse's in-house Box extensions. Most Prime Term vaults are currently in active development.

Strategy

For more on Term strategies

• Offer access to highly liquid crypto repo markets and high quality exposure (for Plus products).

• Risk rating underlying: A or above

• Maximum duration/maturity underlying: 6 months (exemption up to 10% of the portfolio)

• Aggregated target duration/maturity: 4-6 months

• Target liquidity sleeves: 10% in a Prime Instant product

• Most of our vaults are secured by trustless onchain Sentinels, allowing users of the vaults to exercise control over key decisions relating to vault management

Most of these vaults are in active development, and will rely on Morpho's upcoming fixed-term loan product as well as our own in-house Box extensions.

Name	Currency	Blockchain	Version	Vault Address
Steakhouse Prime Term USDC Ethereum	USD	Ethereum	Morpho v2	To come
Steakhouse Prime Term Plus USDC Ethereum	USD	Ethereum	SHF v1	To come

Plus vaults will be built on our Steakhouse platform and feature illustrative allocations, such as:

Allocation	Exposure	Risk rating	Liquidity	Yield
steakUSDC	10%	A	1 day	3.5%
deJAAA	25%	A	5 years	5%
deBUIDL	50%	AA	1 day	4%