"If you want to quietly make a fortune on-chain, this might be the first truly meaningful solution. Zama has launched the first-ever Steakhouse Confidential Prime USDC Privacy Vault, allowing users to hide their personal holdings in DeFi while participating in Morpho yield strategies. How the vault works When users deposit cUSDC, the funds don’t immediately enter the strategy. Instead, they are grouped into batches every 24 hours. Each batch is then collectively sent into the Steakhouse Confidential Prime USDC strategy on Morpho. (The next batch will be grouped in about 6 hours.) Once processed, you won’t directly see your position but will receive: confidential shares from the privacy vault. Externally, only the total amount deposited in each batch is visible—individual deposit amounts and portfolio structures remain hidden. 12-Week Boost Program To incentivize users to deposit USDC, Steakhouse Confidential Prime USDC is launching a 12-week bonus reward program. Users who deposit today will get priority access when the reward program begins. The yield structure has two layers: 1️⃣ Base yield: ~4% APY (from the Morpho strategy) 2️⃣ Bonus yield: 12-week incentives (from Zama + Steakhouse rewards) The rewards aren’t distributed all at once but are released gradually over time: - The first two weeks offer the highest incentives. - Weeks three to six provide moderate rewards. - Weeks seven to twelve gradually taper off. So, the earlier you deposit, the higher your yield and overall reward weight, since deposits are grouped into batches every 24 hours before entering Morpho. I think this is pretty interesting—will you be joining this reward program? #DeFi #USDC #Crypto #Steakhouse #Zama #Morpho