
moved my usdc from steakhouse high yield to steakhouse prime on morpho today. here’s why: - high yield (5.47%) > only ~$11m liquid out of ~$31m > a few wallets held a big chunk of the deposits > ~82% sat in one market (cbxrp), the rest in altcoin collateral - prime (4.81%) > ~$146m liquid out of ~$146m, so i can exit when i want > deposits spread across way more wallets > more conservative collateral the cost is ~0.66% less apy. i’m fine paying that for easier exits and less tail risk (it's like $66 in a $10,000 deposit) prime isn’t risk free. oracle, smart contract and liquidation risk are still there,but feels a bit safer at that point

