Convert Steakhouse USDC (Base) Morpho Vault STEAKUSDC to Wrapped USDR WUSDR
1 STEAKUSDC converts to 3.31 WUSDR
About STEAKUSDC and WUSDR
Steakhouse USDC (Base) Morpho Vault is falling, while Wrapped USDR is climbing this week. The current STEAKUSDC to WUSDR conversion rate is 3.31. Inversely, this means that if you convert 1 WUSDR you will get 0.3021 STEAKUSDC. The conversion rate of STEAKUSDC/WUSDR has increased by 0% in the last hour (WUSDR/STEAKUSDC decreased by 0%). In the last 24 hours, STEAKUSDC/WUSDR shrunk by 0.56%, while WUSDR/STEAKUSDC grew by the same amount.
The exchange rate of Steakhouse USDC (Base) Morpho Vault is decreasing. The current value of 1 STEAKUSDC is 3.31 WUSDR. In other words, to buy 5 Steakhouse USDC (Base) Morpho Vault, it would cost you 16.55 WUSDR. Inversely, 1 WUSDR would allow you to trade for 0.3021 STEAKUSDC while 50 WUSDR would convert to 15.11 STEAKUSDC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.57%. Meanwhile, in the last 24 hours, the rate has changed by 0.56%, and that the highest exchange rate of 1 STEAKUSDC to WUSDR was 3.35 WUSDR and the lowest 24 hour value was 1 STEAKUSDC for 3.29 WUSDR. Last month, 1 STEAKUSDC was worth 3.50 WUSDR. Today, it's down 5.81%. Looking back a year, Steakhouse USDC (Base) Morpho Vault has changed by 5.72 WUSDR. That means that in a single year, the value of Steakhouse USDC (Base) Morpho Vault has shrank by 72.76%.
Steakhouse USDC (Base) Morpho Vault Market Stats
Steakhouse vaults aims to optimize yields by lending deposited assets against blue chip crypto and real world asset (RWA) collateral markets, depending on market conditions. We call this the "dual engine." Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.
Wrapped USDR Market Stats
wUSDR is a wrapped version of USDR. USDR is the world’s first stablecoin collateralized by tokenized, yield-producing real estate. USDR has its own value accrual system built into its design, differentiating it from other currencies. Using a consistent stream of dependable yield derived from rental revenue, USDR will deliver a native real yield to stakers through a daily rebase, projected to range between 10 - 20% APY. As an asset class, real estate is inflation-proof and wealth generating, making it an ideal backing for a stablecoin. While the dollar has lost over 80% of its purchasing power over the past 50 years, the price of single-family home has gone up by 14x in countries like the United States. So a real estate backed stablecoin not only works as a hedge against the volatility of crypto markets, it also protects holders from the impacts of ongoing currency debasement. USDR is minted using DAI and can always be redeemed 1:1 for DAI. Treasury DAI is used to purchase and tokenize income-generating real estate, which is added to the treasury and serves as the primary source of protocol yield. As the value of the tokenized real estate appreciates over time, USDR becomes overcollateralized. Tokenized real world assets are the path to meaningfully grow the market cap of crypto and DeFi, reaching the next billion users in the process. Bringing RWAs on-chain allows for transparent, trust-minimized and efficient access to categories like the ~$330T global real estate market. Without the need for a mortgage or a downpayment, it’s now possible for anyone with a phone to access many of the benefits of real estate though USDR.
Conversion tables
STEAKUSDC to WUSDR values from Today at 12:16 pm
0.5 STEAKUSDC = 1.65 WUSDR |
1 STEAKUSDC = 3.31 WUSDR |
5 STEAKUSDC = 16.55 WUSDR |
10 STEAKUSDC = 33.10 WUSDR |
50 STEAKUSDC = 165.49 WUSDR |
100 STEAKUSDC = 330.98 WUSDR |
500 STEAKUSDC = 1,654.92 WUSDR |
1,000 STEAKUSDC = 3,309.84 WUSDR |
WUSDR to STEAKUSDC values from Today at 12:15 pm
0.5 WUSDR = 0.1511 STEAKUSDC |
1 WUSDR = 0.3021 STEAKUSDC |
5 WUSDR = 1.51 STEAKUSDC |
10 WUSDR = 3.02 STEAKUSDC |
50 WUSDR = 15.11 STEAKUSDC |
100 WUSDR = 30.21 STEAKUSDC |
500 WUSDR = 151.06 STEAKUSDC |
1,000 WUSDR = 302.13 STEAKUSDC |
STEAKUSDC to WUSDR over time
STEAKUSDC | Today | 24H -0.56% | 1M -5.81% | 1Y -72.76% |
|---|---|---|---|---|
0.5 STEAKUSDC | 1.65 WUSDR | 1.66 WUSDR | 1.75 WUSDR | 2.86 WUSDR |
1 STEAKUSDC | 3.31 WUSDR | 3.33 WUSDR | 3.50 WUSDR | 5.72 WUSDR |
5 STEAKUSDC | 16.55 WUSDR | 16.64 WUSDR | 17.51 WUSDR | 28.59 WUSDR |
10 STEAKUSDC | 33.10 WUSDR | 33.28 WUSDR | 35.02 WUSDR | 57.18 WUSDR |
50 STEAKUSDC | 165.49 WUSDR | 166.41 WUSDR | 175.10 WUSDR | 285.90 WUSDR |
100 STEAKUSDC | 330.98 WUSDR | 332.83 WUSDR | 350.21 WUSDR | 571.79 WUSDR |
500 STEAKUSDC | 1,654.92 WUSDR | 1,664.14 WUSDR | 1,751.04 WUSDR | 2,858.97 WUSDR |
1,000 STEAKUSDC | 3,309.84 WUSDR | 3,328.29 WUSDR | 3,502.07 WUSDR | 5,717.93 WUSDR |
Frequently asked questions
Right now, 1 Steakhouse USDC (Base) Morpho Vault is worth about $1.09.
Based on the current rate, you could get 0.9161 STEAKUSDC for 1 USD.
Steakhouse USDC (Base) Morpho Vault price has been on the rise. Since yesterday, the exchange rate of Steakhouse USDC (Base) Morpho Vault has increased. Since last month, the exchange rate of Steakhouse USDC (Base) Morpho Vault has increased. Since this time last year, the price of Steakhouse USDC (Base) Morpho Vault has increased.
You can use our STEAKUSDC to USD calculator at the top of this page to convert any amount of STEAKUSDC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.58 STEAKUSDC. Inversely, 5 STEAKUSDC will cost about $5.46
Steakhouse USDC (Base) Morpho Vault can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Steakhouse USDC (Base) Morpho Vault.
There are a number of crypto assets that have the a similar or comparable market cap to Steakhouse USDC (Base) Morpho Vault, including Okcash, Rentberry, and EncrypGen. For a more robust list of assets to explore, jump to the asset page dedicated to Steakhouse USDC (Base) Morpho Vault.
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