The eye of round steak is a eye of round, bottom round and top round steak still attached to each other. This is a moderately tough cut of beef and it is very lean. You will find this cut of beef is often used to make ground round.
Eye of round is usually prepared with slow moist heat methods including braising to tenderize the steak and to maintain moisture.
This cut of meat is also often cut very thin and made into jerky in a dehydrator. You can soak the sliced beef in brown sugar, soy sauce, salt and pepper and then put it into a dehydrator to turn it into delicious jerky.
You can also cut eye of round steaks off this piece of meat and marinade it in liquid Italian Dressing over night and you will end up with a tender juicy steak.