# Welcome to SteakHut The Liquidity Layer of Web3 At SteakHut, we have set out to re-envision the liquidity landscape of Defi. SteakHut liquidity is an active liquidity management and decentralized market-making platform that allows users effortless access to and management of tailored liquidity strategies across all key concentrated liquidity AMMs (CLMMs). We have designed SteakHut with liquidity providers in mind and created a liquidity solution offering retail-friendly and institutional-grade market-making solutions for on-chain liquidity. SteakHut aggregated liquidity management across all key DEXs and blockchains into a single platform, giving users a suite of tooling and analytics. SteakHut Liquidity offers the most composable and flexible smart contracts available across Web3, giving liquidity providers and liquidity seekers complete autonomy over their liquidity. ## Unlocking the Potential of SteakHut: Product Snapshot: With SteakHut, users gain access to a powerful suite of features that redefine their experience of providing liquidity on-chain. * **Automate and Optimize Concentrated Liquidity Positions**: SteakHut offers the tools to seamlessly automate and optimize your concentrated liquidity positions, helping increase capital efficiency and swap rewards. * **Cross-compatible Liquidity Provisioning**: Access liquidity provisioning across multiple CLMMs and blockchains, aggregated into one specialized platform. * **Permissionless Liquidity Strategy Creation and Management:** SteakHut empowers users of all levels to create and manage liquidity strategies. Anyone can deploy a custom liquidity vault directly from the dApp. * **Composable vault infrastructure:** Create sophisticated liquidity strategies with up to 20 liquidity ranges per vault, cross-fee-tier strategies, and full inventory management. * **Earn Rewards with Liquidity Farming**: Maximize your returns by farming concentrated liquidity positions to earn rewards. * **Performance Fee Earnings**: Vault managers can opt to charge a performance fee on their own strategy to earn rewards. * **Stake $STEAK for Enhanced Rewards**: Stake your $STEAK into our token applications to earn a share of protocol profits, or to boost your farming rewards. ## Creating the Liquidity Layer of Web3 SteakHut is creating “the liquidity layer of Web3.” Our novel smart contracts have been designed to allow cross-compatible liquidity management with all key CLMMs spanning multiple blockchains. In a new form of liquidity aggregation users will be able to access and manage their liquidity across multiple AMMs, directly from SteakHut. ### Supported Blockchains
AvalancheChain ID: 43114Explorer/files/fwek3txtXOBKkcx1WZqnhttps://www.avax.network/
More coming soon!
### Supported CLMMs
Uniswap V3/files/SRJIttJBTLPC6Ax1GClzhttps://uniswap.org/
More coming soon!
## Redefining Liquidity Combined with a market-leading dApp, the SteakHut platform will make sophisticated market-making tooling available for the first time across the Web3 landscape. With SteakHut we are redefining what it means to be a liquidity provider. Our smart contracts offer the most adaptable and composable liquidity management toolset available, allowing for the creation of sophisticated market-making strategies on-chain. Users will be able to access a range of automated strategies or create their own unique strategies to suit their needs. ## The $STEAK Token $STEAK token is the native governance and utility token of SteakHut. Steak-holders can access [Steaking applications](/getting-started/steaking) to unlock modular staking and utility for their tokens. With the [rewards application](/getting-started/steaking/rewards) users are able to earn a share of protocol profits earned across the SteakHut platform. [Boosting](/getting-started/steaking/boosting) allows users to stake their $STEAK and unlock boosted farming rewards on their liquidity positions. # Liquidity Automated and optimized concentrated liquidity SteakHut Liquidity completely re-envisions liquidity providing. SteakHut has been built from the ground up as a liquidity solution offering retail-friendly and institutional-grade market-making solutions for on-chain liquidity. SteakHut Liquidity offers the most composable and flexible liquidity management platform available, giving liquidity providers and liquidity seekers full control and flexibility over their liquidity. We have redefined what it means to be a liquidity provider. Liquidity providers will now be able to access a range of strategies across key concentrated CLMMs, enabling users to access automated and optimized liquidity vaults. Users can also take advantage of SteakHut's permissionless vault creation and create their own unique strategies. ## The Downfalls of Traditional Liquidity SteakHut liquidity is a necessary response to the many downfalls that protocols and liquidity providers face across traditional liquidity options: > ***Fragmented Liquidity:** Liquidity has become fragmented across blockchains, DEXs, and price ranges.* > > ***Stagnant Liquidity:** In constant-function AMM models, liquidity is spread thinly across an infinite price range. Meaning liquidity is deployed inefficiently, leading to lower efficiencies and lower swap fee rewards.* > > ***Expensive Liquidity:** The traditional approach to liquidity is a costly endeavor for protocols seeking liquidity. Liquidity is deployed in an inefficient way and token emissions are used to incentivize liquidity in a model that introduces inflation, high costs, and timely off-chain processes for liquidity seekers.* > > ***Complex liquidity:** Next-generation concentrated liquidity AMMs drastically improve upon the downfalls of traditional liquidity, however often at the cost of added complexity. Concentrated liquidity can make it difficult to manage and optimize liquidity.* > > ***Impermanent loss:** Concentrated liquidity AMMs introduce further risks to LPs, with a large majority of LPs receiving negative returns after factoring in impermanent loss. SteakHut's analytics suite helps liquidity providers monitor their liquidity with powerful insights.* > > ***Time-intensive liquidity:** Concentrated liquidity removes the set-and-forget liquidity options LPs have grown accustomed to. In order to optimise liquidity, LPs will be required to manage, redistribute and reinvest rewards manually.* We realized that Web3 needed a solution that aggregated liquidity provisioning across all key AMMs and blockchains into a single specialized platform. ## The Liquidity Layer of Web3 SteakHut is creating “the liquidity layer of Web3.” Our novel smart contracts have been designed for flexibility allowing cross-compatible liquidity management supporting all key CLMMs across multiple blockchains. In a new form of liquidity aggregation users will be able to access and manage their liquidity across multiple AMMs, and blockchains, directly from the SteakHut platform. SteakHut’s smart contracts will offer the most composable liquidity management tooling allowing for the creation of sophisticated market-making strategies on-chain. With SteakHut Liquidity we hope to re-envision on-chain liquidity and set a new standard for creating deep liquid markets for everyone's favourite tokens. ## **SteakHut's In-house Strategies** Many liquidity providers will be accustomed to depositing their tokens into a liquidity pool or farm and passively earning rewards. SteakHut’s passive liquidity provisions offer LPs a range of “set-and-forget” liquidity options to deposit their tokens and optimize their returns. Once deposited, your tokens will be rebalanced and reinvested automatically by our contracts. This will work to ensure that your liquidity always operates within the bounds of the strategy you choose, saving you time and gas having to manage your own liquidity daily. ## **Community Strategies** Liquidity should not be treated as a one-size-fits-all approach. Concentrated liquidity allows for endless ways to structure your liquidity depending on your risk tolerance and objectives. SteakHut allows for “Liquidity Managers” to permissionlessly create actively managed vault strategies. Liquidity managers can opt to collect a performance fee and earn rewards for managing strategies. Liquidity providers can find a trusted custom community vault that meets their needs, or easily create their own vault. ## **Liquidity as a Service** For protocols looking to integrate concentrated liquidity or looking to manage POL, SteakHut liquidity offers a new primitive to create liquidity strategies. SteakHut's vault receipt LP tokens convert liquidity strategies into an ERC-20, this allows for the easy integration of concentrated liquidity into DeFi use cases such as lending and borrowing or farming. For lending protocols, this allows concentrated liquidity pairs to be accepted as collateral. The protocol can then create permissionless strategies of various complexities. SteakHut will then act as the liquidity layer rebalancing and compounding liquidity around the set standards. With SteakHut you can create your own permissionless automated liquidity provision strategies. ## LP Tokens When providing liquidity into SteakHut Liquidity. Users will be given an ERC-20 LP token as the vault receipt token. These tokens act as an ERC-20 wrapper for concentrated liquidity positions and can be used by partnering protocols for a variety of utilities. # SteakHut Strategies Automate and optimize your liquidity! Concentrated liquidity allows for greater opportunities for liquidity providers, but at the added cost of a complex, and time-consuming liquidity management process. SteakHut's in-house strategies completely automate your liquidity. The passive liquidity vaults automatically rebalance capital around the active price range, auto-compound trading fees, and rewards, and help optimize your liquidity. SteakHut’s strategies are uniquely designed for each token pair, non-stable token pairs utilize a [Dynamic strategy](/getting-started/liquidity/steakhut-strategies/dynamic-range-strategy), while the Stablecoin pairs will use SteakHut’s [Stable strategy](/getting-started/liquidity/steakhut-strategies/stable-strategy), and pegged token pairs have a dedicated [Pegged Pair Strategy](/getting-started/liquidity/steakhut-strategies/pegged-pair-strategy). # Stable Strategy ### Description Liquidity ranges are deployed at set tick ranges surrounding the $1 price range depending on backtesting results. For more volatile stablecoin pairs, wider bin ranges will be used. For less-volatile pairs, narrower bin ranges will be used. Two liquidity ranges will be deployed within each vault to create a Gaussian distribution, that is liquidity be highest at the active price range (usually $1) and tapered off at ticks around this price range. This is based on backtested data and dramatically increases liquidity utilization and swap fee rewards. ### Applicable Pool Types Stable-stable asset pairs closely trading in parity *Example Pools: USDC.e-USDC, USDT-USDC, USDT.e-USDT* ### Advantages * Accrued fees will be compounded back into the position regularly on behalf of LPs compounding yield. * The strategy will enable LPs to capture a large range of profitable swap fees. * The strategy is non-rebalancing to mitigate the impacts of IL. * Multiple ranges within a single vault allow higher capital efficiency and higher swap rewards. * Socialization allows for the reduction of gas fees. ### Risks * During times of high volatility in the markets, the allocation of assets could vary quite significantly from 50/50. * During times of high volatility fee APRs will temporarily drop to 0% until trading occurs at a healthy peg price. # Dynamic Range Strategy ## **Description** Liquidity ranges are automatically rebalanced when certain rebalance triggers are hit. As the moving average price of the token pair crosses the predefined rebalancing triggers a rebalance is conducted. Upon rebalancing the liquidity range is recentered around the currently active price, any remaining tokens are deployed within a second range using a "fill-up" style liquidity strategy. No tokens are swapped during a rebalance to mitigate any impacts caused by swap fees or slippage. ## **Applicable Pool Types** Stable-volatile pairs, volatile-volatile asset pairs ## **Example Pools** AVAX-USDC, WETH.e-USDC, BTC.b-AVAX ## **Advantages** * Rebalancing is executed automatically allowing for the optimization of liquidity to active price ranges. * Accrued fees will be compounded back into the position regularly on behalf of LPs compounding yield. ## **Risks** * During times of high volatility in the markets, the allocation of assets could vary quite significantly from 50/50. * Impermanent loss may erode returns relative to your benchmark during times of high volatility and insufficient fees. # Pegged Pair Strategy ## Strategy One (Constant price, non-rebalancing) ### Description Liquidity ranges are set at various bin positions surrounding the actively trading price range of the pair depending on backtesting results. For more volatile pegged pairs, wider liquidity ranges will be deployed. For less-volatile pairs, narrower liquidity ranges will be deployed. ### Applicable Pool Types Stable-stable asset pairs frequently trading out of parity or pegged pairs trading around a constant price. *Example Pools: WBTC.e-BTC.b* ### Advantages * Accrued fees will be compounded back into the position regularly on behalf of LPs compounding yield. * The strategy will enable LPs to capture a large range of profitable swap fees. * The strategy is non-rebalancing to mitigate the impacts of IL. ### Risks * During times of high volatility in the markets, the allocation of assets could vary quite significantly from 50/50. ## Strategy Two (Proportional price, rebalancing) ### Description In this strategy, liquidity is deployed at a determined interval around the Net Asset Value (NAV) of the token. As the NAV of the token increases the strategy is automatically rebalanced to a higher price to continuously facilitate liquidity. A rebalance is triggered as the NAV increases by a predefined amount. ### Applicable Pool Types Related asset pairs which do not trade at a constant value, but trade in close sequence. *Example Pools: sAVAX-AVAX* ### Advantages * Accrued fees will be compounded back into the position regularly on behalf of LPs compounding yield. * The strategy will enable LPs to capture a large range of profitable swap fees. * The strategy will automatically rebalance to keep liquidity active. ### Risks * During times of high volatility in the markets, the allocation of assets could vary quite significantly from 50/50. * During times of volatility if the token trades well bellow NAV APRs will be temporarily reduced and liquidity will be inactive until it begins trading in parity again. # Liquidity as a service A middleware to building and integrating with concentrated liquidity! SteakHut's liquidity vault infrastructure offers a new primitive to create liquidity strategies enabling protocols to reach their liquidity goals and allowing for easy integration of concentrated liquidity positions. ## Partnering with protocol across Web3 SteakHut is partnering with protocols across Web3 to help provide tailored concentrated liquidity management strategies and infrastructure to DAOs and other projects looking to integrate concentrated liquidity. SteakHut can offer those organizations non-custodial, automated, and active concentrated liquidity management services tailored to meet their liquidity goals. * Concentrated POL management * Tailored liquidity vault infrastructure * Concentrated liquidity farms and incentivization * Concentrated liquidity position ERC20 wrappers ## Liquidity Management SteakHut tailor makes liquidity strategies to suit your protocol needs. We are helping protocols manage POL to improve capital efficiency, increase liquidity, and reduce the need for liquidity incentives. We automate concentrated liquidity allowing protocols to focus less on liquidity management and focus more on building. Private vaults can also be created for protocols or institutions and it is also possible to easily integrate a liquidity vault into the protocols dApp. ## Liquidity Mining (Concentrated liquidity farming) SteakHut Liquidity allows token pairs to incentivize deep liquidity across all key CLMMs with concentrated liquidity farming. Liquidity mining on non-concentrated liquidity was relatively simple. A user deposited liquidity on an exchange and then deposited the LP tokens in a staking contract to receive rewards. However, with the implementation of concentrated liquidity, a liquidity mining program is no longer an easy task for a project to implement. SteakHut Liquidity vault receipt tokens act as an ERC-20 wrapper on concentrated liquidity positions, allowing for the easy implementation of incentivized concentrated liquidity. ## Partner with SteakHut **If you are a protocol looking to work with SteakHut Liquidity feel to complete the below form or reach out to us on** [**Twitter** ](https://twitter.com/steakhut_fi)**or Telegram @steakhut** {% embed url="" %} ## Permissionless vault creation and management SteakHut Liquidity vaults are permissionless to create using the vault factory. SteakHut makes optimizing and automating concentrated DEX liquidity simple. Protocols can deploy vaults and either choose to manually or automatically manage the liquidity position to suit their needs. The vault receipt token acts as an ERC20 wrapper allowing for endless strategies to be built and deployed on concentrated liquidity positions. #### The capabilities of these vaults are the following: * Permissionless vault creation and management with no coding required * Composable liquidity distribution with up to 20 liquidity ranges managed per vault * Private and public vaults * Customizable vault settings including TVL limits, whitelisted addresses, and custom fees * Multiple fee tiers per vault, allowing for the management of liquidity simultaneously across multiple pools of the same pair. * Flexibility in the rebalancing of liquidity with both token swapping or no-swap strategies * Slippage limits in rebalancing a strategy via swapping tokens * Performance fees can be enabled and controlled by the liquidity manager ## Use Cases SteakHut Liquidity vaults allow the creation of ERC-20 LP tokens automatically exposed to an LP position in the underlying automated strategy. This design allows for a new primitive for building on top of concentrated liquidity AMMs that removes the complexities of liquidity management. Moreover, SteakHut opens the door for a new area of decentralized market-making with the potential for tokenized products like: * Liquidity as a service * Auto-Hedged delta neutral LP positions * LP positions coupled with lending/borrowing or options markets * Automated POL * Deep liquidity with low-or-no incentives * Liquidity mining # Structuring Liquidity SteakHut's vaults allow for multiple liquidity positions managed within a single vault, this creates endless ways to structure and manage your liquidity. Below are a few common examples of strategies that become possible through deploying mutliple liquidity positions. ## **Balanced (normal, gaussian)**

Normal Liquidity Distibution

In a balanced distribution, capital is concentrated around the active trading range and tapered towards the end of the price range in a bell curve or Gaussian distribution. Having liquidity concentrated around the active bins allows users to capture higher trading fees. The more distributed model allows the strategy to capture a larger price range with less chance of being priced out of the active price range. ## **Concentrated (spot, uniform)**
Concentrating your liquidity tightly around a small price range can be seen as a more aggressive investment approach. Tightly concentrating your liquidity on the active price captures a high share of swap fees, achieving a higher APR, and ensuring all capital is used efficiently. However, as the token price changes, your position may become priced out of the active price range and will no longer receive trading fees. Also, since only the active price tick has both assets, a shift in price will result in the LP’s position being 100% comprised of the underperforming asset. ## **Uniform (max, evenly distributed)**
A uniform distribution can be seen as the most risk-averse approach, which emulates a similar model of distribution to the x\*y=k DEX V1 design. Using this option, LPs can distribute their liquidity evenly across a larger price range. Since your position is diversely spread you will be able to capture trading fees without worrying about being priced out of the active price range. However, a larger price range results in inefficient liquidity allocation, meaning a much lower APR on trading fees. ## **Bid-ask (volatile, parabolic)**
A parabolic distribution allows the capturing of trading fees at the extreme ends of the price range. These ranges generally have lower levels of liquidity allowing for LPs to potentially capture a higher share of trading fees in less active bins. During highly volatile times, this strategy could allow the liquidity provider to capture higher APR trades, however, during stable markets, the liquidity remains unused. It also behaves in a similar way to ranged orders. It could be used by the LP to average down their allocation or take profit when prices increase. ## **Range orders** Concentrated liquidity DEXes allow for range orders that can act in a similar way to traditional buy/sell conditional orders. It can also allow users to automate dollar-cost-averaging on their selling or accumulating of tokens. ## **Buy range order**
Since only the active price tick contains both tokens, the LP could concentrate their liquidity at a lower price to effectively buy the underperforming token at a lower price target. *Example: AVAX-USDC Pool, the LP could deposit USDC concentrated around the $10 price, when the pool trades below this price the USDC is converted into AVAX. The LP can then withdraw liquidity, which contains solely AVAX tokens.* ## **Sell range order**
The LP could concentrate their liquidity at a higher price to effectively sell the overperforming token to take profit. *Example: AVAX-USDC Pool, the LP could deposit AVAX concentrated around the $100 price, when the pool trades above this price, all AVAX is converted into USDC. The LP can then withdraw liquidity, which now contains solely USDC.* ## **Dollar-cost averaging**
Similar to range orders, the LP could deposit a single asset into multiple price ticks around their price target. This allows the user to buy or sell tokens leading up to their target. In this scenario, the LP earns swap rewards during the strategy and does not incur fees themselves. # Risks Concentrated Liquidity Risks ## **Counterparty Risk** Liquidity positions are established across multiple CLMMs. This will add a layer of counterparty risk, ensure you are comfortable with the safety of the underlying CLMM. ## Divergence Loss (Impermanent Loss) As token prices diverge from their prices at deposit, your liquidity changes in value when compared to its value if tokens were held outside the pool. Large price swings could cause liquidity providers to lose money. The risk of impermanent loss can be amplified with concentrated liquidity. Liquidity pools that contain assets that remain in a relatively tight price range will be less exposed to impermanent loss. Impermanent Loss is primarily driven by volatility. Stablecoins or pegged assets, for example, will stay in a relatively contained price range. However, these pools will often generate fewer fees. impermanent loss can be realized when a user withdraws from a position or when a strategy is rebalanced. Rebalancing a concentrated liquidity strategy can be useful to adjust the position and earn greater rewards, however, the user should be cautious to ensure to only rebalance as necessary and when it is expected to be profitable to do so. If the swap reward fees earned are greater than the impermanent loss experienced, the user will achieve a net positive return, the opposite is also true. ## **Gas Fees** Gas fees can obviously erode a user's returns. SteakHut has been well optimized for gas, making it extremely gas-efficient to create and manage liquidity strategies. That being said users should consider gas implications over time when managing frequently rebalancing liquidity strategies. ## **Manager Risks** SteakHut allows for permissionless public vault creation. This means that anyone can create and deploy unique strategies, and users can freely access these to deposit their tokens. It is important to constantly monitor your liquidity positions and ensure the strategy is suiting your needs. SteakHut's dApp offers a range of analytics and insights that help you track the performance and management of your liquidity to ensure it is reaching your goals. SteakHut will also operate a number of in-house strategies that will be accessible to all users, and help reduce manager risk. {% hint style="warning" %} It is important to only deposit with managers that you trust, it is permissionless to create a strategy. Unknown managers may be malicious. {% endhint %} ## **Price Volatility Risk** When there is significant volatility in the price of one or both assets in a position, the vault may temporarily become out-of-range. This will be dependent on the vault rebalancing frequency and the liquidity management strategy. When liquidity is not within the active bin no swap fees will be earned during this time and the yield becomes reduced. ## Inventory Risk When providing liquidity for a token pair you take inventory of both assets within the pair. The volatility of each asset will impact your returns. In concentrated liquidity AMMs as the price of one asset falls against the paired asset the liquidity provider is left holding the underperforming asset. Thus providing active liquidity will often not protect you against the downside of either token. {% content-ref url="/pages/cQeFXjS5gIEzdI1ogra3" %} [Security](/steakhut-platform/security) {% endcontent-ref %} # Boosted Rewards Liquidity Mining Rewards SteakHut Liquidity makes it possible to farm concentrated liquidity positions to earn liquidity mining (LM) rewards. This allows liquidity providers to earn bonus rewards in addition to their liquidity strategy. LM Rewards are used to further incentivize liquidity provisioning on selected pairs and strategies. Strategies can be incentivized by SteakHut's partners as well as by SteakHut itself. By incentivizing concentrated liquidity strategies this allows protocols to help attract liquidity providers and help create deep liquid markets for their tokens. Incentives on concentrated ranges allow for higher capital efficiencies for liquidity-seeking protocols. ## Reward Types | LM Rewards Type | Rewards | | --------------- | --------------------------------------------- | | Boosted Rewards | Extra STEAK rewards if you boost using xSTEAK | | Double Rewards | Double Token Rewards: STEAK + Token X | | Single Rewards | One Token as a Reward | ## External Incentives and Partnerships SteakHut Liquidity vault receipt tokens act as an ERC-20 wrapper on concentrated liquidity positions, allowing for the easy implementation of incentivized concentrated liquidity. This allows third-party incentive programs to easily integrate liquidity rewards on concentrated positions by using SteakHut's infrastructure. Incentives can help attract capital quickly, helping protocols grow liquidity in crucial launch periods or helping new CLMMs bootstrap liquidity across their pools. Incentives can also be used strategically to create aggressive liquidity strategies. Incentives can be used to boost rewards for highly concentrated strategies, or can be used for token pairs with low trading volumes to help reward liquidity providers. ## Deploying an Incentive Program SteakHut is looking to partner with protocol across Web3 to help create deep concentrated liquidity for their tokens and create incentives for their liquidity providers. Protocols looking to work with SteakHut to launch incentive programs for their token can reach out to us directly. # Create Vault SteakHut's composable smart contracts allow for flexible and permissionless market-making and liquidity-providing strategies. This becomes possible through SteakHut's `vault factory` or "create-a-vault" feature that allows market-makers/protocols/liquidity seekers to access SteakHut's tooling. SteakHut's vaults offer a permissionless and decentralized approach to custom liquidity provisioning. Anyone can create a unique liquidity management contract for either private or public usage. Liquidity providers can then deposit tokens into liquidity vaults to meet their liquidity needs. The strategy creator has the option to implement a performance fee incentivizing the management of strategies. ## Vault Characteristics and Accessibility SteakHut's goal is to empower liquidity managers with highly flexible smart contracts allowing for a range of composable market-making strategies. #### SteakHut's tooling allows: * Permissionless vault creation and management with no coding required * Composable liquidity distribution with up to 20 liquidity ranges managed per vault * Private and public vaults * Customizable vault settings including TVL limits, whitelisted addresses, and custom fees * Multiple fee tiers per vault, allowing for the management of liquidity simultaneously across multiple pools of the same pair. * Flexibility in the rebalancing of liquidity ranges * Slippage limits in rebalancing a strategy via swapping tokens * Performance fees can be enabled and controlled by the liquidity manager ## Use Cases SteakHut's infrastructure allows for permissionless deployment and management of liquidity strategies on key concentrated AMMs. This infrastructure allows for a range of market-making strategies to be easily deployed using SteakHut's composable smart contracts. \ \ This allows the strategy manager to create a vault for any supported token pair, enabling support for any fee-tier liquidity pool (including multiple fee tiers), of which the liquidity manager can manage up to 20 liquidity ranges within a single vault. #### Through SteakHut's tooling possible use cases include: * A liquidity manager creating their own unique strategy to earn performance fees. * A liquidity seeker/platform creating a strategy to incentivize liquidity to a concentrated range. * A liquidity seeker/platform created an automated and optimized vault to manage their POL. * A lending and borrowing platform creating a V3 strategy to enable it as collateral or as an available yield source. * Market-makers managing their liquidity across multiple AMMs and blockchains from one dedicated platform. # Steaking Unlock the full potential of your $STEAK The Steaking application gives STEAK-Holders access to modular staking utilities accessible by converting STEAK to xSTEAK. Steaking applications become accessible by first converting STEAK to xSTEAK. ## Steaking Applications {% content-ref url="/pages/gsHFXctWhoxT5z0CksRi" %} [Rewards](/getting-started/steaking/rewards) {% endcontent-ref %} {% content-ref url="/pages/6CV749xYT5QEgDyjpLVI" %} [Boosting](/getting-started/steaking/boosting) {% endcontent-ref %}
## What is xSTEAK? xSTEAK is a non-transferable escrowed governance token, corresponding to locked STEAK. STEAK can be directly converted to xSTEAK via the SteakHut dApp. xSTEAK allows for the ability to allocate it to plugins, allowing for modular staking applications. The operation consists of staking xSTEAK into the desired application in exchange for various benefits. | Avalanche | 0x902Aa4cC3b463c84541C9C1DeDF50620C99950B9 | | --------- | ------------------------------------------ | | Arbitrum | 0xC49b7c3f53bbbc3184d7ddB9f047BC8F090C9156 | ## xSTEAK Conversions STEAK and xSTEAK can be converted into each other within the SteakHut dApp. Converting xSTEAK back to STEAK involves a vesting period. ### STEAK to xSTEAK conversion STEAK can be freely converted into xSTEAK at any time. The process is instant, and the ratio is 1:1. ### xSTEAK to STEAK conversion xSTEAK is escrowed STEAK that can be redeemed by vesting. The user can select the vesting duration when converting xSTEAK to STEAK. The conversion ratio increases proportionally with the vesting duration: * The minimum vesting duration of 10 days will provide a 1:0.5 ratio * The maximum vesting duration of 45 days will provide a 1:1 ratio If the selected vesting duration is lower than the maximum (ratio < 1:1), the excess STEAK is returned to the SteakHut treasury. ## Canceling vesting While vesting if a user decides to cancel the vest this is possible from the [contract](), Cancel Redeem -> enter 0 and write. ## Reward allocation While being redeemed, the xSTEAK will automatically receive rewards from the [reward application](/getting-started/steaking/rewards), but only at 50% of the value, while waiting for the vesting schedule process to complete. # Rewards Enjoy real-yield rewards from the SteakHut platform Users can allocate their xSTEAK to the rewards application to earn a share of real-yield protocol rewards. Rewards are distributed in the form of one or more tokens and are distributed continuously, through weekly epochs. ## **Understanding** Epochs Our distribution logic operates on a weekly epoch system: every week, a fixed part of the owner-defined accumulated tokens is marked to be distributed. This allocation is subsequently distributed consistently over the course of seven days. Rewards will be accrued from across the SteakHut platform: SteakHut Liquidity V2 and SteakHut legacy products. ## Payouts handling Rewards attributed to the Rewards application are distributed equally throughout the seven-day epoch period. These rewards are earned in real-time, each second, by users who have allocated xSTEAK to the Rewards application. The distribution is proportionate to the user's share of the total allocation. Users can harvest their rewards at any time. ## Deallocation Deallocating xSTEAK from the Rewards plugin will stop the user from earning rewards. This can be completed at any time. The deallocation fee is 0.5%, users who hold a STEAK.jpeg NFT are exempt from the deallocation fee. # Boosting Users can allocate xSTEAK to the boosting application to earn additional yield on their SteakHut Liquidity boosted rewards. Through Participating in SteakHut's LM Rewards program, users can farm their LP tokens to receive extra APR on top of the strategy. This is paid out in STEAK tokens. By allocating xSTEAK to the boosting application you can earn a higher proportion of rewards. SteakHut's `Boosted Masterchef` allows users to receive different boosted APRs depending on their allocated xSTEAK balance. ## Calculating reward boosting The boosting value for each position is calculated from the following elements: * The positions LP amount * The total staked LP amount across all positions and users * The positions allocated xSTEAK amount * The total allocated xSTEAK across all of the positions with the same LP * The LP max boost multiplier (can't exceed x2.5) Users can receive up to 2.5x boosts on selected liquidity vaults. ## Deallocation Deallocating xSTEAK from the Boost application will stop the user from receiving boosted rewards. This can be completed at any time. The deallocation fee is 0.5%, users who hold a STEAK.jpeg NFT are exempt from the deallocation fee. # Liquidity Providers Enjoy automated and optimized liquidity SteakHut offers a novel experience to liquidity providers, providing users with a range of tools to help manage and provide liquidity across multiple concentrated AMMs (CLMMs). Decentralized liquidity provisioning is in its infancy with very limited platforms created for liquidity providers. SteakHut is cross-compatible across all key CLMMs and blockchains allowing liquidity providers to aggregate and manage their liquidity from one simple platform. SteakHut's suite of liquidity-providing and market-making tooling allows users from beginners to institutions access to unique features to customise their liquidity. Notable features include automated rebalancing, composable liquidity structuring with multiple positions, cross-fee tier liquidity provision, and much more. ## SteakHut Liquidity Vaults SteakHut's liquidity vaults are non-custodial smart contracts that are decentralized and permissionless to create and manage. Liquidity providers can choose to deposit in a range of in-house SteakHut-created, or community-created strategies that automate their liquidity and earn rewards in the form of swap fees. Liquidity providers can also create and manage their own liquidity vault directly from the SteakHut dApp. This flexibility enables users to tailor their liquidity strategies to their specific needs or allows communities and protocols to create custom private or public strategies. ## Liquidity Automation Concentrated liquidity management can be time-consuming and complex compared to traditional CFMM liquidity providing. SteakHut's liquidity vaults simplify the process by enabling users to deposit into strategies that automatically rebalance liquidity. SteakHut's in-house strategies are built on back-tested data and rebalanced based on live pricing data to help keep your liquidity in range and earning swap fees while also reducing gas costs and unnecessary rebalancing. ## SteakHut Analytics SteakHut's analytics allow users to view a range of real-time data detailing the underlying performance and composition of strategies. Our sophisticated subgraph collects on-chain data continuously, translating it into user-friendly graphs. This empowers liquidity providers to assess whether a strategy aligns with their objectives and make adjustments as needed. ## Concentrated Farming: Boost your earnings With SteakHut, liquidity providers can boost/farm their liquidity to earn bonus rewards in addition to swap fee rewards. We've allocated $STEAK tokens to a range of strategies across various DEXes and blockchains, allowing users to earn additional rewards. Boosting is made possible by SteakHut's LP tokens, by depositing into a strategy you receive an ERC20 vault receipt token, which can then be staked to earn additional rewards on your concentrated liquidity positions with our selected boosted strategies. ## SteakHut LP Tokens When a user deposits into a SteakHut Liquidity vault they receive a SteakHut LP token, this is an ERC-20 vault receipt token representing their share of tokens in the underlying strategy. SteakHut's LP tokens are unique to each vault and can be used for internal and external incentives, allowing for use cases such as liquidity mining rewards or concentrated positions as collateral. # Strategy Managers Create and manage strategies to earn performance fees In SteakHut Liquidity V2 we have empowered created from across DeFi by developing composable smart contracts and an intuitive user interface (UI) that enables users to effortlessly create and manage permissionless liquidity strategies directly from the dApp. Users gain the unprecedented ability to manage liquidity across multiple pools, spanning various ranges, with complete control over their performance fees and strategy management. This enables creators to easily develop and manage liquidity strategies available to the public or whitelisted communities and earn performance fees for growing and managing strategies. The process of creating a strategy is made simple, with no coding required. ## Permissionless Vault Creation Anyone can create a liquidity strategy directly from the SteakHut front end. Using the SteakHut front end, anyone can easily create a liquidity strategy and deploy vaults across all supported CLMMs and blockchains. Users have complete control over the parameters of the vault allowing you to deploy a vault for all pools available on the DEX. Users can configure vault settings, keep the vault private or publish it for all users, and set performance fees according to their preferences. ## Liquidity Rebalancing We have built ease-of-use into rebalancing liquidity ranges. Using their own custom strategies and understanding of markets, strategy managers can deploy multiple liquidity ranges across price points that they believe will yield profitable liquidity-providing opportunities, and deploy liquidity at ranges they wish to buy and sell. SteakHut accommodates the apportionment of funds across up to 20 price ranges and multiple fee tiers, affording complete control in deploying both simple and institutional-grade liquidity strategies. {% hint style="info" %} The liquidity manager pays the gas fees for rebalancing the strategy. Every time the liquidity manager performs rebalancing, all the selected liquidity ranges are removed along with the accrued fees, which are then reinvested. {% endhint %} ## Inventory Management SteakHut gives strategy managers access to inventory management features, allowing the swapping and holding of tokens within the liquidity vault. Inventory management allows for full flexibility of the strategy. Managers can swap tokens to alter the composition of tokens within the vault. This may be used to deploy a "bullish" or "bearish" outlook on the performance of an asset or to return the vault ratio back to a neutral 50:50 allocation. By burning vault ranges the liquidity manager can remove active liquidity to return tokens to be passively held within the vault strategy. This may be used during periods of high volatility where divergence risk is expected to outweigh swap reward fees. ## Performance Fees Upon creating a liquidity vault, the strategy manager can configure a performance fee accrued by the strategy and an address to receive this fee. This mechanism allows creators to earn a share of the swap rewards generated by the strategy. Being a performance fee this is calculated based on the swap rewards generated by the strategy, no fees are taken on the underlying capital or upon depositing nor withdrawing. Strategy managers retain the flexibility to adjust the performance fee by configuring the vault settings after creation. SteakHut's liquidity vaults are created for full flexibility for a wide range of use cases, allowing flexibility for performance fees helps enable compatibility for multiple user types both institutional and retail, and enables strategists to become competitive in fees charged on strategies. ## Private and Public Strategies Liquidity vaults can be deployed as either private or public strategies. Public strategies are readily accessible by all users directly from the SteakHut dApp, making them ideal for creators looking to expand their user deposits and earn performance fees. Private strategies are exclusively accessible to users selected by the strategists, offering a level of exclusivity and control. Additionally, strategists have the option to set maximum capital/Total Value Locked (TVL) limits on a strategy, a feature particularly advantageous for high-frequency specialized strategies. # Liquidity Seekers Access a range of market-making tooling and create efficient liquidity SteakHut's smart contracts are cross-compatible allowing support for all key CLMMs and blockchains, the liquidity vaults are built for maximum composability allowing users to run sophisticated decentralised market-making for tokens. Example use cases for SteakHut liquidity include protocols or market-makers looking to deploy decentralized market-making strategies for their tokens and creating deep DEX liquidity. {% hint style="success" %} SteakHut is fully non-custodial allowing you to keep full control and ownership over your assets and liquidity {% endhint %} ## Composable and Cross-compatable Smart Contracts The SteakHut Liquidity platform is compatible across all key CLMMs and blockchains allowing for liquidity seekers to manage their liquidity across multiple DEXes aggregated within one platform specialized for liquidity management and market making. SteakHut is built to enable managers complete control and flexibility over their liquidity, allowing users to configure vault privacy settings, set fees, manage multi-range and multi-pool liquidity vaults, and have complete control over liquidity rebalancing and inventory management. ## Simultaneous Multi-range Strategies The liquidity vaults allow for up to 20 liquidity ranges managed within a single vault strategy. This allows managers to effortlessly deploy multiple price ranges, allocating capital to each range as needed. This enables full liquidity composability for managers, allowing for the creation of sophisticated multi-range [liquidity strategies](/getting-started/liquidity/structuring-liquidity). These ranges can be easily altered at any time directly from the SteakHut dApp. ## Cross-fee Tier Multi-pool Vaults Multiple AMM fee tiers can be deployed and managed concurrently within a single vault strategy. As easy as deploying multiple ranges, users can spread liquidity across multiple fee tiers and allocate a set proportion of their liquidity to each fee tier. This enables sophisticated market-making strategies and simple management of liquidity held across multiple liquidity pools. ## Real-time Market-Making Analytics SteakHut's on-chain subgraph compiles real-time data, allowing liquidity seekers full transparency and insight into their strategies. Our analytics page is available automatically for all liquidity vaults and can be used to track performance metrics as well as provide insights into asset compositions, volumes and fees generated, and other critical benchmarks. ## Incentivized Concentrated Liquidity Concentrated positions and liquidity strategies can be incentivized with liquidity mining rewards both directly from the SteakHut dApp and externally through other platforms. Users depositing into specific strategies receive a SteakHut LP token unique to that strategy, which can be staked to earn additional rewards. This ERC-20 token facilitates easy incentivization of concentrated liquidity positions through common farming contracts. {% hint style="info" %} Protocols and liquidity seekers can contact the SteakHut team to discuss deploying a liquidity reward program directly from the SteakHut platform. {% endhint %} # STEAK Token {% content-ref url="/pages/YBN1ua5NMu0bgKuRz4Bc" %} [STEAKING Applications (xSTEAK)](/guides/steak-token/steaking-applications-xsteak) {% endcontent-ref %} {% content-ref url="/pages/DZtd5mly6cQGdUDMYzYY" %} [Bridging $STEAK](/guides/steak-token/bridging-usdsteak) {% endcontent-ref %} {% content-ref url="/pages/vRqYFUVODvg19Gd2EKXD" %} [Participating in Governance](/guides/steak-token/participating-in-governance) {% endcontent-ref %} # STEAKING Applications (xSTEAK) Access STEAKING Applications for $STEAK utility STEAKING applications allow you to access a range of utilities for your $STEAK tokens. To access the applications you must first convert your $STEAK into xSTEAK, xSTEAK is locked STEAK which can be unlocked via vesting. For more information refer to [STEAKING](/getting-started/steaking). ## 1) Navigate to the SteakHut dApp and connect your wallet If you haven't already, download a trusted web3 wallet like Metamask, Trustwallet, or Corewallet and ensure that you have enough blockchain tokens to cover gas fees. Head over to the SteakHut website and launch our dApp. {% embed url="" %} Connect your wallet to the dApp by navigating to the top right corner and selecting Connect. Ensure you are connected to the desired blockchain. {% hint style="info" %} **Note:** Some STEAKING applications are native to select blockchains, the rewards application is only native to Avalanche. {% endhint %}
## 2) Enter the STEAKING tab STEAKING gives you complete access to all the tools you need to manage your xSTEAK and STEAKING applications. In STEAKING we can view our current xSTEAK balance as well as a complete breakdown of where our xSTEAK is situated. **Available xSTEAK:** This is the amount of xSTEAK currently held in your wallet, allocate it to applications for full utility or redeem it for STEAK via vesting. **Allocated xSTEAK:** This represents the amount of xSTEAK you currently have allocated across STEAK applications. **Redeeming xSTEAK:** This is the amount of xSTEAK that is currently in the process of being converted to STEAK. xSTEAK allows you to access the STEAKING plugins such as the rewards application, select "Convert xSTEAK" to convert your STEAK into xSTEAK.
## 3) Convert STEAK to xSTEAK xSTEAK allows you to access the STEAKING plugins such as the rewards application, select "Convert xSTEAK" to convert your STEAK into xSTEAK. {% hint style="info" %} Converting STEAK to xSTEAK is instant. Converting xSTEAK > STEAK is complete with vesting. {% endhint %} Enter the amount of STEAK you would like to convert to xSTEAK and then select approve and convert approving both transactions in your wallet when prompted.
## 3) Select an xSTEAK Plugin Application and Allocate After converting STEAK to xSTEAK, xSTEAK can be used to interact with the Steaking Applications. The rewards plugin allows users to earn real-yield rewards. The boosting application allows you to earn higher rewards on your liquidity positions via [boosting](/guides/providing-liquidity/boosted-farming).
#### Rewards Application Guide: > **Current ($):** This shows the current USD valuation of the rewards to be distributed over the 7-day epoch period. > > **Current APR (%):** Demonstrates the calculated yield, proportional to the amount of total xSTEAK allocated and the Current USD valuation. > > **Total xSTEAK:** This shows the amount of xSTEAK tokens currently allocated to the rewards plugin. > > **Deallocation Fee:** The deallocation fee is the fee taken when deallocating xSTEAK from the rewards plugin. > > **Distributed Tokens:** This shows the amount and type of tokens rewarded during this epoch period. ## Deallocating xSTEAK from the plugin application xSTEAK can be deallocated from the rewards plugin at any time. A deallocation fee of 0.5% is applicable unless the user holds a STEAK.jpeg NFT in their wallet. Deallocating is instant.
## Converting xSTEAK to STEAK xSTEAK is escrowed STEAK that can be redeemed by vesting. The user can select the vesting duration when converting xSTEAK to STEAK. The conversion ratio increases proportionally with the vesting duration: * The minimum vesting duration of 10 days will provide a 1:0.5 ratio * The maximum vesting duration of 45 days will provide a 1:1 ratio To redeem your xSTEAK for STEAK simply select "Redeem STEAK" and enter the amount you would like to redeem and the vesting duration you wish to wait, note the UI will calculate how much STEAK you will receive depending on your vesting duration. {% hint style="info" %} While redeeming the user will receive partial rewards from the rewards application at a 50% rate. {% endhint %} The user can view the progress of their xSTEAK redemption, this breaks down the amount of $STEAK to be received as well as the remaining time for unlocking.
# Bridging $STEAK An omnichain future! ## 1) Navigate to the SteakHut dApp and connect your wallet If you haven't already, download a trusted web3 wallet like Metamask, Trustwallet, or Corewallet and ensure that you have enough blockchain tokens to cover gas fees. Head over to the SteakHut website and launch our dApp. {% embed url="" %} Select the "Connect" button in the top right corner, and approve your wallet to connect with SteakHut. ## 2) Select Bridge On SteakHut you can bridge your $STEAK cross-chain with ease. Select STEAK bridge via the drop-down menu from the dApp. * Select the chain to send the STEAK from and the destination chain to send the STEAK to. * Enter the amount of STEAK to bridge across or send across a select allocation of your STEAK with the toggles (10%, 25%, 50% or max) * Select "bridge" and approve the transaction when prompted via your wallet. Note bridging across blockchains can take time, please allow a few minutes for bridging to take place. The SteakHut dApp will display notifications keeping you updated on the progress as you bridge your tokens. Note: If you experience difficulty bridging tokens, remove decimal places and reattempt bridging.
# Participating in Governance Vote with your $STEAK STEAK is SteakHut's native governance token which can be used to vote on governance proposals relating to protocol directions and native SteakHut liquidity strategies. SteakHut uses [Snapshot](https://snapshot.org/#/) to conduct on-chain voting. ## 1) Navigate to the SteakHut dApp and select "Vote in Governance" Head over to the SteakHut website and launch our dApp. {% embed url="" %} Vote in Governance will redirect you to the official SteakHut Snapshot page.
## 2) Navigating Snapshot From SteakHut's Snapshot, you can view current and past proposals and begin voting. You can also select join to follow our proposals closely and keep up to date. Remember to connect your wallet to Snapshot to participate.
## 3) Vote When a proposal is live on Snapshot you can easily cast your vote to participate. The SteakHut Discord features a Governance Channel allowing you to discuss your options with other community members and to learn more. STEAK tokens across multiple forms are accepted in governance votes. This includes: * Native $STEAK * $STEAK OFT ($STEAK on Arbitrum) * xSTEAK held in wallet * Allocated xSTEAK * Redeeming xSTEAK (Counted at half of the tokens vesting)
# Providing Liquidity {% content-ref url="/pages/m3f0zkYXhDfg3UGu5MZQ" %} [Depositing Liquidity](/guides/providing-liquidity/depositing-liquidity) {% endcontent-ref %} {% content-ref url="/pages/mLk78eunhsUkmOAD7J6d" %} [Withdrawing Liquidity](/guides/providing-liquidity/withdrawing-liquidity) {% endcontent-ref %} {% content-ref url="/pages/EqIggRGrI4Q0XleYHH7S" %} [Boosted Farming](/guides/providing-liquidity/boosted-farming) {% endcontent-ref %} # Depositing Liquidity How to provide liquidity into a strategy ## 1) Navigate to the SteakHut dApp and connect your wallet If you haven't already, download a trusted web3 wallet like Metamask, Trustwallet, or Corewallet and ensure that you have enough blockchain tokens to cover gas fees. Head over to the SteakHut website and launch our dApp. {% embed url="" %} Connect your wallet to the dApp by navigating to the top right corner and selecting connect. Ensure you are connected to the desired blockchain.
## 2) Find your desired liquidity vault The liquidity tab allows you to view a range of liquidity strategies available for you to deposit. From here you can browse through strategies and select your desired token pair. Firstly, double check you have selected your desired blockchain, in this example we have selected Avalanche. You can easily change this by selecting any of the supported chains from the drop-down menu in the top right of the screen. Next, you can select the CLMM (DEX) you wish to use, in this example, we are using Uniswap V3. By scrolling down we can view all the available strategies, or you can simply search for your desired token pair. After finding your chosen pair, select "Deposit" to open the vault.
## 3) Navigate to the transaction card After opening your desired vault you will see the transaction card which allows you to deposit or withdraw liquidity. The transaction card is available under the "Overview" tab. The transaction card is full of useful features to help make depositing easy. In this example, we are depositing into the AVAX-USDC vault. Toggling "single" or "pair" will allow you to deposit a single token or a token pair into the strategy depending on your preference.
## 4) Enter the amount to deposit and approve tokens SteakHut's single deposit feature allows you to easily deposit into a strategy with only one token of the token pair. Using a single deposit we can select which token we would like to deposit, in this case, we have selected WAVAX. {% hint style="info" %} By depositing a single token, this token is "Zapped" into the desired token pair. This is routed through the underlying pool, thus be aware that swap fees and slippage may be applied. {% endhint %} We can also choose to deposit the actual underlying token pair by toggling "Pair". It is important to note that concentrated liquidity rarely maintains a 50:50 ratio of tokens as is standard in traditional AMM designs. For this reason, when depositing you may note that differing amounts of each tokens are necessary. The SteakHut dApp will automatically calculate how much of each token is needed to maintain the ratio for a deposit. In this example, we have deposited 0.013 AVAX and the dApp has calculated that 1.26643 USDC is needed to complete the ratio. When you are ready to continue press to approve the tokens. Note when depositing a pair you will have to approve both tokens for interacting with the contract. After selecting approve you will be asked by your wallet to confirm the approval. After approval, you will finally be prompted to deposit and approve within your wallet.
Note if you are using the Metamask wallet you may be prompted to enter a spending cap when approving contracts for interaction. This is a security feature to help avoid wallet exploits. Generally, it is recommended that you only approve the amount you wish to deposit. When depositing in the future you may have to reset your limits to deposit further amounts.
## 5) Success! After depositing you can refresh the page to view your deposits, in this example, we can see we have $20 of liquidity deposited into the strategy. Notice we have a range of tabs that help us view a range of important information about the strategy. **Overview:** The overview tab is the strategy homepage, view a summary of important information and deposit or withdraw from the strategy, **Analytics:** Analytics is a data dump of important information. View a tonne of information collected in real time to help track the performance or underlying metrics of the strategy. **Ranges:** Ranges allow you to see the list of liquidity ranges set for this strategy, as well as what percentage of liquidity is deployed and the fee tiers of each range. Managers can also manage liquidity ranges here. **Settings:** The settings allow you to see the full list of configurations set by the vault creator, such as fee breakdowns, the manager's address, and vault privacy settings. Managers can also edit settings here.
# Withdrawing Liquidity How to remove liquidity from a strategy ## 1) Navigate to the SteakHut dApp and connect your wallet If you haven't already, download a trusted web3 wallet like Metamask, Trustwallet, or Corewallet and ensure that you have enough blockchain tokens to cover gas fees. Head over to the SteakHut website and launch our dApp. {% embed url="" %} Connect your wallet to the dApp by navigating to the top right corner and selecting connect. Ensure you are connected to the desired blockchain.
## 2) Find your liquidity vault The liquidity tab allows you to view strategies available for you to deposit. From here you can browse through strategies and find which vault you are currently deposited in. Firstly, double check you have selected your desired blockchain, in this example we have selected Avalanche. You can easily change this by selecting any of the supported chains from the drop-down in the top right. Next, you can select the CLMM (DEX) you are deposited through, in this example, we are using Uniswap V3. By selecting "My Pools" you can quickly find all the pools you are currently deposited in. After finding your chosen pair, select "Deposit" to open the vault.
## 3) Navigate to the transaction card After opening your desired vault you will see the transaction card which allows you to deposit or withdraw liquidity. The transaction card is available under the "Overview" tab. The transaction card is full of useful features to help make depositing easy. In this example, we are withdrawing from the AVAX-USDC vault. In this example, we have a total number of 51 LP tokens within this vault. We can enter the desired amount to withdraw, or select MAX. Then, select "remove" and approve the transaction in your wallet when prompted. {% hint style="info" %} If you are currently using a boosted farm, you must first withdraw from the boost before withdrawing from the strategy. This can be done via the "Boost" section of the transaction card. {% endhint %}
# Boosted Farming How to enjoy boosted yields SteakHut offers a number of boosted strategies. By depositing into a boosted strategy and then staking your LP tokens into the boost section you can earn extra rewards on top of your liquidity vault. **For more information refer to boosted farming:** {% content-ref url="/pages/EqIggRGrI4Q0XleYHH7S" %} [Boosted Farming](/guides/providing-liquidity/boosted-farming) {% endcontent-ref %} ## 1) Navigate to the SteakHut dApp and connect your wallet If you haven't already, download a trusted web3 wallet like Metamask, Trustwallet, or Corewallet and ensure that you have enough blockchain tokens to cover gas fees. Head over to the SteakHut website and launch our dApp. {% embed url="" %} Connect your wallet to the dApp by navigating to the top right corner and selecting connect. Ensure you are connected to the desired blockchain.
## 2) Find a boosted liquidity vault and deposit The liquidity tab allows you to view a range of liquidity strategies available for you to deposit. From here you can browse through strategies and select your desired token pair. Boosted strategies will have a boost symbol displayed on the vault card. In this example, we can see that the WETH-USDC strategy allows us to earn bonus rewards. We can select this strategy and deposit our tokens into the strategy as normal. For more information on depositing refer to the depositing liquidity guide: {% content-ref url="/pages/m3f0zkYXhDfg3UGu5MZQ" %} [Depositing Liquidity](/guides/providing-liquidity/depositing-liquidity) {% endcontent-ref %}
By clicking on the APR we can view a complete breakdown of the APR, in this example, we can see that the vault's Fee APR is 10% and we can earn an extra 21.54% in bonus rewards.
## 3) Navigate to Boost and deposit your LP tokens After depositing your tokens into the vault strategy you can now navigate to "boost" on the transaction card to earn bonus rewards. In this card, we can see a full breakdown of rewards. **Base APR:** The base APR is the amount of rewards you will earn by staking your tokens into the boost, this is paid out in xSTEAK tokens in real-time. **xSTEAK Boost:** By using the [xSTEAK boosting application](/getting-started/steaking) you can earn even more rewards paid out in xSTEAK emissions. **Partner Emissions:** On select strategies, we have partnered with other protocols to bring you even higher rewards by earning extra tokens. We can now deposit our LP tokens. In this example we have a balance of 10 tokens, we can enter a desired amount to stake or select "max". Next, we must approve and deposit our LP tokens and confirm the transactions when prompted via our wallet.
## 3) Claiming rewards After staking your tokens the boosted rewards will be earned in real-time. You can claim your rewards at any time. When rewards are available to be collected you can view these within the boost section of the transaction card. ## Withdrawing LP tokens To remove your tokens simply select remove and enter the amount of tokens to withdraw, and approve the transaction via your wallet. Note to remove your tokens completely you must then withdraw from the underlying vault strategy. For help in withdrawing liquidity refer to the below guide: {% content-ref url="/pages/mLk78eunhsUkmOAD7J6d" %} [Withdrawing Liquidity](/guides/providing-liquidity/withdrawing-liquidity) {% endcontent-ref %} # Managing Liquidity {% content-ref url="/pages/gaNoC9hnIIeaHWLpyqvA" %} [Creating a vault](/guides/managing-liquidity/creating-a-vault) {% endcontent-ref %} {% content-ref url="/pages/ZrYB1jIT1qTKJtfy6Lpt" %} [Managing a strategy](/guides/managing-liquidity/managing-a-strategy) {% endcontent-ref %} {% content-ref url="/pages/lpvtgJbWNzom6Xqg7vrC" %} [Broken mention](broken://pages/lpvtgJbWNzom6Xqg7vrC) {% endcontent-ref %} # Creating a vault ## 1) Navigate to the SteakHut dApp and connect your wallet If you haven't already, download a trusted web3 wallet like Metamask, Trustwallet, or Corewallet and ensure that you have enough blockchain tokens to cover gas fees. Head over to the SteakHut website and launch our dApp. {% embed url="" %} Connect your wallet to the dApp by navigating to the top right corner and selecting connect. Ensure you are connected to the desired blockchain in which you would like to create a vault.
## 2) Select "Create" To navigate to the Create Vault section, simply choose the "Create" tab or "Create Pool" from the liquidity homepage. When creating a vault the SteakHut creation page will walk you through configuring your desired vault settings. * **Choose a DEX:** First, choose which popular concentrated DEX you would like to deploy your chosen liquidity vault. Also check that you are currently connected to the appropriate blockchain, in this example we are using the Avalanche blockchain. * **Select a Pair:** Select both tokens for which you would like to create a strategy. By pressing "Select a Token" you can search across a range of tokens by either token name, symbol, or contract address. Also, note that the order of the tokens is irrelevant; i.e. Selecting AVAX as Token 1 and USDC as Token 2 is the same as the reverse order. * **Select Fee Tiers:** Choose from one to multiple fee tiers in which to supply liquidity within the vault. The SteakHut UI will help display popular fee-tiers for a select token pair. Note: The SteakHut dApp supports multiple fee tiers within a single vault strategy.
## 3) Configure vault settings After selecting the pool and fee tier to deploy your vault you can now configure the vault settings. Also, note it is possible to edit all of these settings post-deployment at any time. * **Privacy Settings:** SteakHut allows users to deploy either a private or a public vault. By default, the vault will be publically available, which will enable anyone to search for and deploy within the strategy directly from the SteakHut dApp. To create your own private vault or a vault for solely your community toggle to enable the private vault option. * **Management Fee:** The user can adjust the management fee to their preference. The management fee is a performance fee that is only accrued on the swap rewards of the strategy not on the underlying capital and not on depositing or withdrawing. * **Fee Receiver:** Enter the wallet address in which you would like to receive the management fees.
## 4) Select Create Pool and Approve Transaction After configuring all settings and choosing your desired pool you can simply select "create pool" and when prompted confirm the transaction within your wallet.


After confirming the transaction in your wallet the user interface will display a loading widget as the underlying liquidity vault is being created and deployed. After successful completion, you will receive confirmation that the pool has been created as well as the contract address for the strategy. You can now select "View Pool" or navigate to your pool via the liquidity tab to open the strategy and begin depositing and managing.
# Managing a strategy ## 1) Navigate to the SteakHut dApp and connect your wallet If you haven't already, download a trusted web3 wallet like Metamask, Trustwallet, or Corewallet and ensure that you have enough blockchain tokens to cover gas fees. Head over to the SteakHut website and launch our dApp. {% embed url="" %} Connect your wallet to the dApp by navigating to the top right corner and selecting connect. Ensure you are connected to the desired blockchain in which you would like to manage a vault.
## 2) Locate your deployed strategy Navigate to the "My Pools" sections to view all your currently deployed strategies. If you haven't created a strategy already then first read [Creating a vault](/guides/managing-liquidity/creating-a-vault) In the below example, we have deployed two strategies that we can now manage. Select "Deposit" to open the vault strategy.
## 3) Navigating your strategy After selecting your strategy you can now navigate through the tabs to gain insight into the strategy and manage the strategies positions. * **Overview:** The overview tab is a quick glimpse into the core metrics of the strategy. From here we can deposit and withdraw liquidity. View performance fees and see the key metrics of the vault's performance. * **Analytics:** Analytics allows us to dive into the SteakHut in-depth analytics suite. Our subgraph actively collected many data points allowing us to track the underlying performance and composition of the strategy * **Ranges:** The ranges tab allows us to view currently live liquidity ranges and the composition of undeployed liquidity. From here we can mint and burn new ranges, and manage the vault's inventory by swapping tokens or holding assets at spot. * **Settings:** The settings tab allows users to view the vault configuration. From here the vault manager can edit settings. Vaults can be made private or public, managers can allow whitelisted addresses and also create TVL caps to limit deposits into the strategy.
## 4) Minting, Burning and Rebalancing Ranges Within the "Ranges" tab the strategy manager can mint and burn positions to rebalance the strategy. Here we can see the strategy currently has two ranges active. Both of these have moved out of range as the market has fluctuated. We can select `+ Add Range` to create a new range to supply liquidity. We can deploy up to 20 ranges within a single vault. To burn a range simply press `-` in the top left of the range card, when you are ready to deploy the new strategy simply select `Rebalance` and the strategy will be redeployed. When burning a range the tokens from that range will be returned to the vault and passively held at spot, you can add another range to deploy these tokens.
To deploy another range select `+ Add Range`, you will then be prompted which fee tier you would like to deploy the new liquidity range. SteakHut supports cross-fee-tier compatibility allowing you to deploy liquidity across multiple pools within a single strategy. It is important to note that when you first [create a vault ](/guides/managing-liquidity/creating-a-vault)you will be prompted which fee tiers you would like to support. In the liquidity graph, we can see the active price, where other liquidity providers are deployed as well as the area in which we will be deploying liquidity. By toggling `Full Range` we can deploy liquidity across the entire price range from 0-∞. Alternatively, we can concentrate liquidity to our liking by using the slide bars to set a minimum and maximum price range or by manually typing in our desired range. Distributions allow us to control how much of the total liquidity we would like to deploy to this new price range. After you have chosen your desired range select `Add Range`. {% hint style="info" %} After adding or minting ranges, ensure to `Rebalance` to rebalance the strategy and deploy the new price ranges. {% endhint %}
## 5) Inventory Management: Swapping Tokens SteakHut gives managers the ability to manage the vault's inventory. By burning ranges, you can return liquidity to the vault to hold tokens passively at spot. You can also swap tokens to alter token composition within the vault. In this strategy, we can see that at spot we currently hold 0 WAVAX and 7.455996 USDC. We can swap a desired amount of this USDC to WAVAX. Within the ranges tab select `Add Swap` to swap idle tokens.
Here we can choose how we would like to swap idle tokens within the strategy. First, simply choose which of the two tokens you would like to swap for the corresponding asset. In this case, we are choosing to swap USDC for AVAX, we can swap a maximum of 7.455996 USDC as this is the total amount of USDC idle within the strategy. After configuring your swap allocation select `Create Swap`.
After creating a swap you will notice your pending swaps within the "Ranges" tab. This swap will occur when you next rebalance the vault. The strategy manager can now continue managing the strategy by burning and minting ranges as necessary and when ready they can select `rebalance` which will execute all outstanding swaps, burns, and mints and redeploy liquidity within the strategy to their desired configuration.
# Troubleshooting {% content-ref url="/pages/rVLHnfvE9Mw6vQjAg29y" %} [Fix Errors](/guides/troubleshooting/fix-errors) {% endcontent-ref %} {% content-ref url="/pages/q0JGA7t8TpDq7Fp12Voq" %} [Manually Withdrawing](/guides/troubleshooting/manually-withdrawing) {% endcontent-ref %} {% content-ref url="/pages/WGTItQWv4b4wlJ8A4aw9" %} [Revoke Permissions](/guides/troubleshooting/revoke-permissions) {% endcontent-ref %} # Fix Errors How to fix common errors This is the first place to start if you run into any unexpected errors or bugs while using the SteakHut dApp. First of all, ensure a good secure internet connection while operating DeFi applications and double-check that your wallet is connected to the dApp via the correct blockchain. Then progress to refreshing the webpage and cache with the following options: ### Reload First, try a simple page reload. This option will not delete the cache. *F5 or CRTL + R or* *↻* ### Hard Reload This option will delete the cache of the particular page and redownload everything. This will help users reload the dApp following updates or when experiencing bugs. *CRTL + SHIFT + R* ### Empty Cache This will clear the cache of your entire browser. This is a good option if you are facing systemic errors in browsing multiple sites. *CRTL + SHIFT + DELETE* {% hint style="info" %} Feel free to reach out via Discord and lodge a ticket via our official support ticket for help. Ensure to avoid any unsolicited DMs or external links from untrusted parties operating on Discord. {% endhint %} # Manually Withdrawing If you can not access the SteakHut dApp or are experiencing bugs, it is possible to withdraw your fund from the protocol via the backend with block explorers. Block explorers include [Snowtrace](https://snowtrace.io/) for Avalanche, [Etherscan](https://etherscan.io/) for Ethereum, and [Arbiscan](https://arbiscan.io/) for Arbitrum. All block explorers offer a similar experience and the process to withdraw is the same. ## 1) Navigate to the block explorer Navigate to your blockchain-specific block explorer and connect your wallet. Then search for the specific vault contract from which you would like to withdraw funds manually.
## 2) Navigate to the SteakHut dApp and connect your wallet Navigate to the contract tab and select "Write Contract".
Navigate to the withdraw function and select write, approve the transaction when prompted by your wallet to remove funds from the vault.
# Revoke Permissions Revoking permissions will remove approvals that you have made for your wallet to interact with contracts and dApp. Revoking permissions is usually good practice to help ensure the safety of your funds. Revoking permissions can sometimes be helpful if you are experiencing issues interacting and depositing with the dApp. ## **Revoking approvals vs. disconnecting apps: what's the difference?** * **Disconnecting your wallet** from a dapp involves canceling permission for it to see your public address and your token balances, and, depending on what you originally consented to, stopping it from initiating transactions (although *not* executing them) and viewing past activity. * **Revoking an approval/allowance** means a dapp can no longer access the contents of your wallet and move them around. ## **How do I revoke approvals?** * **Head to the 'approval checker' section of the block explorer** for the network you're using. For example, [Etherscan](https://etherscan.io/tokenapprovalchecker), [BscScan](https://bscscan.com/tokenapprovalchecker) and [Polygonscan](https://polygonscan.com/tokenapprovalchecker) all have a token approval checker function. * Use a platform such as: * [Revoke](https://revoke.cash/) (Many networks) * [Unrekt](https://app.unrekt.net/) (multiple networks) * [Cointool](https://cointool.app/approve/eth) (multiple networks) * [EverRevoke](https://everrise.com/everrevoke/) (multiple networks). {% hint style="info" %} Since token approvals are conducted on-chain, revoking the approval must also be on-chain. This means you need to pay gas fees for each revocation. {% endhint %} *Source:* [*Metamask,* How to revoke smart contract allowances/token approvals](https://support.metamask.io/hc/en-us/articles/4446106184731-How-to-revoke-smart-contract-allowances-token-approvals) # $STEAK ## STEAK Token Basics STEAK is the native utility and governance token of the SteakHut ecosystem. STEAK has a maximum supply of 5,000,000 tokens. STEAK-Holders can stake their tokens using [STEAKING](/getting-started/steaking) applications to unlock the full utility, such as revenue sharing and boosted rewards. STEAK is an ERC-20 token that incorporates LayerZero’s Omnichain Fungible Token (OFT) extension. This technology enables the seamless bridging of STEAK between various blockchain networks. Currently, STEAK is live on Avalanche and Arbitrum, offering users the flexibility to access our ecosystem on their preferred blockchain network. Smart contract information can be found [here](/steakhut-platform/smart-contracts). | Total and Maximum Supply of $STEAK | 5,000,000 | | ---------------------------------- | --------- | ## Understanding xSTEAK xSTEAK is a non-transferable escrowed governance token, corresponding to locked STEAK. STEAK can be directly converted to xSTEAK via the SteakHut dApp. xSTEAK can be allocated to "STEAKING Applications", allowing for modular staking utilities. STEAKING Applications include: * [Rewards](/getting-started/steaking/rewards) * [Boosted farming rewards](/getting-started/steaking/boosting) ### STEAK to xSTEAK conversion STEAK can be freely converted into xSTEAK at any time. The process is instant, and the ratio is 1:1. ### xSTEAK to STEAK conversion xSTEAK is escrowed STEAK that can be redeemed by vesting. The user can select the vesting duration when converting xSTEAK to STEAK. The conversion ratio increases proportionally with the vesting duration: * The minimum vesting duration of 10 days will provide a 1:0.5 ratio * The maximum vesting duration of 45 days will provide a 1:1 ratio If the selected vesting duration is lower than the maximum (ratio < 1:1), the excess STEAK is returned to the SteakHut treasury. ## The Rewards Application: Profit sharing STEAK-Holders can convert their tokens into xSTEAK and stake within the rewards application to start earning real-yield rewards generated by the SteakHut platform. The profit share will be paid out of revenues generated by the platform's performance fees. Any distributed STEAK/xSTEAK rewards are purchased on the open market and are **NOT inflationary**. {% content-ref url="/pages/gsHFXctWhoxT5z0CksRi" %} [Rewards](/getting-started/steaking/rewards) {% endcontent-ref %} ## Boosting Application: Boost your liquidity rewards Users can allocate xSTEAK to the boosting application to earn an additional yield on their SteakHut Liquidity rewards. Through Participating in SteakHut's LM Rewards program, users can farm their LP tokens to receive extra APR on top of the strategy. This is paid out in STEAK tokens. By allocating xSTEAK to the boosting application you can earn a higher proportion of boosted rewards. {% content-ref url="/pages/6CV749xYT5QEgDyjpLVI" %} [Boosting](/getting-started/steaking/boosting) {% endcontent-ref %} ## Omnichain $STEAK SteakHut has integrated with LayerZero to launch $STEAK as an omnichain token. $STEAK can be bridged seamlessly across Avalanche, Arbitrum, and future blockchains with a 1:1 ratio directly on the SteakHut dApp with ease. The $STEAK token utilizes an omnichain fungible token (OFT) standard, this allows for simple intuitive bridging of your tokens at a 1:1 ratio without the security risk of ‘wrapping’ tokens. # Governance SteakHut's on-chain governance system allows users to implement changes to the SteakHut platform and govern key community-centric choices. $STEAK is the governance token of SteakHut, and governance is enabled on STEAK and xSTEAK in the below voting powers: * STEAK (including OFT): 1 * xSTEAK (including allocated): 1 * Vesting xSTEAK: 0.5 Steak Governance can be used to determine token pairs that will be added to SteakHut's in-house liquidity strategies. Steak-holders can propose to have a SteakHut strategy created for an unsupported token pair. ## Types of Proposals * Add token pairs * Support new compatible DEXes * Special key community-centric decisions put forth by the SteakHut team # Token Distribution Who holds the STEAK?
There is a fixed total supply of 5,000,000 $STEAK. A large proportion of $STEAK will be vested on launch, and slowly released over time. {% hint style="info" %} $STEAK has a fixed total supply of 5,000,000 Tokens {% endhint %} SteakHut will allocate 40% (2,000,000) of $STEAK-tokens to protocol rewards. These rewards have already been partially allocated and disbursed during the SteakHut V1 phase, which was our legacy platform. The remaining allocated tokens will be used in SteakHut Liquidity V2 boosted farming rewards to incentivize participation and liquidity provision within the SteakHut ecosystem. Of these remaining tokens, our [emission schedule](/tokenomics/token-distribution/emission-schedule) will dictate the emission rate and runway of protocol reward tokens. ## Token Allocation | Category | STEAK allocated | | ----------------------------- | ----------------------------- | | Protocol Rewards | 40% of the total token supply | | Potential Strategic Investors | 20% of the total token supply | | Team Tokens | 15% of the total token supply | | Treasury & Reserve | 10% of the total token supply | | Token Launchpad | 10% of the total token supply | | Future Team & Advisors | 5% of the total token supply | ## Token Vesting Schedule
AllocationInitial UnlockVesting
Protocol Rewards-Emission Schedule
Potential Strategic Investors0%Discretionary
Team Tokens0%12 month cliff, 3 year linear vest
Treasury & Reserve100% (10%)-
Token Launchpad100% (10%)-
Future Team & AdvisorsDiscretionary TBD
## Protocol Rewards *(2,000,000 Tokens)* **Purpose:** Incentivize liquidity providers and users of the SteakHut platform by rewarding $STEAK emissions. Liquidity providers will be able to receive STEAK rewards on boosted SteakHut liquidity vaults. Users can convert their STEAK to xSTEAK and allocate to the boosting application to further boost their share of STEAK rewards. ### *Emission Schedule* $STEAK emissions will be scheduled over a 3-year period, ending August 2026, at a constant rate of 6380 STEAK/month. Emissions will be rewarded to SteakHut's liquidity vaults via our masterchef contract, allowing for constant emission of tokens to incentivized strategies. {% content-ref url="/pages/6EcL2czJVC0gp0TYdLgs" %} [Emission Schedule](/tokenomics/token-distribution/emission-schedule) {% endcontent-ref %} ## Potential Strategic Investors *(1,000,000 Tokens)* **Purpose:** To bootstrap the development of the SteakHut platform as necessary and generate strong strategic partnerships. ## Team Tokens *(750,000 Tokens)* **Purpose:** Aligning the interest of the SteakHut development team with the entire SteakHut community and rewarding key contributors in developing SteakHut. **Vesting:** 12-month cliff, 3-year linear vest ## Treasury and Reserve *(500,000 Tokens)* **Purpose:** Marketing, protocol growth, and CEX listing. ## Token Launchpad *(500,000 Tokens)* SteakHut launched via the Rocket Joe launchpad in order to bootstrap liquidity for our governance token, $STEAK. The launch was completed on May 5th, 2022, raising 10,353 AVAX. ## Future Team & Advisors *(250,000 Tokens)* **Purpose:** Growing the SteakHut team and platform. 5% will be held by the SteakHut treasury and will be used for growing the future SteakHut team and partnering with strategic advisors to help grow the SteakHut platform. ## Information | **Token Symbol** | STEAK | | -------------------- | ---------------------------------- | | **Token Platform** | Avalanche, Arbitrum, LayerZero OFT | | **Token Type** | ERC-20 | | **Total Supply** | 5,000,000 | | **Staking Token** | xSTEAK | | **DEX Availability** | Trader Joe | | **CEX Availability** | Currently Nil | # Emission Schedule ## **Updated emissions schedule** With the release of SteakHut's novel liquidity management platform, SteakHut Liquidity V2, SteakHut has undergone a review of tokenomics focussed on the platform's evolution. As such the original emission schedule has been replaced by the below updated guide. The emission schedule is subject to change depending on market conditions and should be treated as a guide only. ## **Emissions as of November 2023** As of November 2023, the SteakHut treasury reserves over 230,000 $STEAK tokens for protocol rewards. ## **Updated Emission Guidelines** $STEAK emissions will be scheduled over a 3-year period, ending August 2026, at a constant rate of 6380 STEAK/month. Emissions will be rewarded to SteakHut's liquidity vaults via our masterchef contract, allowing for constant emission of tokens to incentivized strategies.
# Fees and Pricing ## SteakHut Fee Structure The fees accrued within the SteakHut ecosystem can be categorized as follows: **1. Platform Fee (Rewarded to SteakHut)** This fee is acquired based on rewards earned across all strategies within the SteakHut ecosystem. It plays a crucial role in supporting the continued development and maintenance of our platform and rewarding profits to STEAK-holders. This is a performance fee only and is accrued solely on swap fee rewards and not on underlying principle nor during withdrawing/depositing. **2. Performance Fee (Rewarded to the Vault Manager)** While deploying a vault on SteakHut is entirely free, strategists and liquidity managers who actively manage these vaults have the option to charge a Performance Fee. This fee is determined and set by the vault manager and is earned as a reward for managing the vault. It serves as an incentive for vault managers to optimize and enhance the performance of their strategies. This is a performance fee only and is accrued solely on swap fee rewards and not on underlying principle nor during withdrawing/depositing. ## What is the SteakHut Platform Fee? The SteakHut platform fee is taken as a percentage of swap rewards across all strategies created using SteakHut's tooling. This is a flat fee across all strategies. > Platform fee= 2.5% ## What is the SteakHut Performance Fee? Liquidity vault strategists can opt to charge a performance fee, which is a percentage of the total swap fees earned by the strategy. Performance fees may vary between protocols and pools, be sure to check the dApp for up-to-date pricing. SteakHut supports multiple DEXes which each employ varying tokenomics. SteakHut's performance fee will also accrue on DEX fees redistributed as rewards, fees can often vary, ensure you're happy with rewards APRs listed on the dApp. {% hint style="info" %} Ensure to check the dApp for the most up-to-date fee structure for a particular liquidity strategy {% endhint %} {% hint style="info" %} SteakHut only ever acquires fees on rewards, never on the user's principle {% endhint %} ## How are fees used? SteakHut rewards a portion of fees to STEAK-Holders (currently 50%). When rewards are accrued they are held in SteakHut's treasury and can be returned to STEAK-Holders via the [STEAKING rewards](/getting-started/steaking/rewards) application. # Smart Contracts {% hint style="warning" %} DO NOT SEND YOUR TOKENS TO ANY OF THE BELOW CONTRACTS {% endhint %} ## SteakHut Finance
ContractAddress
STEAK Token0xb279f8DD152B99Ec1D84A489D32c35bC0C7F5674
STEAK Token OFT (Arbitrum)0xddBfBd5dc3BA0FeB96Cb513B689966b2176d4c09
### xSTEAK & STEAKING **Avalanche:** | Contract | Address | | --------------------- | ------------------------------------------ | | xSTEAK | 0x902Aa4cC3b463c84541C9C1DeDF50620C99950B9 | | Deployed Dividends V2 | 0x492ED82B523053E9d6B9db53eE5c05E4d1271839 | | Deployed allowList | 0x63Bc1486CcAd35b4022406148D08B1385c637D97 | ## STEAK.jpeg
DescriptionAddress
STEAK.jpeg Treasury0x1130bF72C99700251893B117b22362317A4e52B3
### Legacy Contracts
ContractAddress
SteakMasterChef0xddbfbd5dc3ba0feb96cb513b689966b2176d4c09
JoeZapper/Herd Joe Token0x80Ed8a2E8AB5FDA8d132eE76843ee43a32f866C1
SteakHut Voter0x1aB6B2f60A7e8DA9d521cF8f90b2a5b5d314b3A6
hJOE Staking Rewarder0x5D156Be4f17cbBFC26Bd579AF9a59f5B6741c770
Simple rewarder (hJOE V2)0x4E664284B7fbD10633768D59c17D959D9cB8deE2
Vesting Allocator0x91Db98d9f327F29F8513917CC3737eA026fcdc8B
SimpleRewarderPerSec (STEAKING)0x1f6866E1A684247886545503F8E6e76e328aDE34
sJOE Vault0x0B388b9938b69ad379c75F2D8ca2148DF453d937
sJOE Start0x7D531E80D1Af62B25A575f427004F52375863dff
# Security SteakHut has been built around the safety and security of the protocol and user assets. Nonetheless, it is vital to acknowledge that inherent risks are associated with interacting with any decentralized finance (DeFi) smart contracts. We pride ourselves on ensuring that relevant code audits are completed both internally and through external parties to ensure peace of mind. These audits are performed to ensure the integrity of our protocol and to mitigate potential risks. ### **Exercising Caution** We strongly advise users to exercise caution and to operate within their individual risk frameworks when engaging with the SteakHut platform. As with any DeFi platform, it is crucial to be informed, vigilant, and responsible in your interactions. ### *Disclaimer* *The SteakHut Finance protocol is provided "as is" and should be used at your own discretion and risk. There are no warranties, express or implied, accompanying the use of the SteakHut Finance protocol. Neither the developers nor any entity involved in the creation of SteakHut Finance will be held liable for any claims or damages arising from your use, inability to use, or interactions with other users of the SteakHut Finance protocol.* *This disclaimer extends to all types of damages, including but not limited to direct, indirect, incidental, special, exemplary, punitive, or consequential damages. It also covers potential losses of profits, cryptocurrencies, tokens, or any other valuable assets.* *Your engagement with the SteakHut Finance protocol signifies your acceptance of these terms and your understanding of the associated risks. It is essential to proceed with caution, conduct thorough research, and consider your individual risk tolerance when participating in the DeFi ecosystem.* # Audits {% hint style="danger" %} It's essential to recognize that while security audits are a crucial component of our safety measures, they do not entirely eliminate risk. {% endhint %} The SteakHut smart contracts have undergone vigorous reviews and audits, both internally by contributors to the SteakHut protocol, and externally by third-party auditing firms. You can find the full report from each of the audits at the links below. ## SteakHut Liquidity V2 Audit: #### Shieldify {% embed url="" %} ## SteakHut Liquidity Audit: {% file src="/files/8c9H9RyYoKUv3lTbrZQE" %} ## Legacy SteakHut Audit: {% embed url="" %} # Multi-Sig Ownership of our smart contracts and all associated treasury assets has been transferred to a multi-sig contract. This multi-sig is owned by both a combination of SteakHut contributors, and reputable community team members. The multi-sig has 2 representatives from each side and will require 3 votes total for any changes to be made to the contracts. This means that at least one member from either side must approve any changes. ## MasterMultiSig Members Please see below for the multi-sig address as well as the list of multi-sig signatories: {% hint style="success" %} **Multi-Sig address:** 0xD316d2AA04d71Fd1E332437b0Cb5d261FD2F99AE {% endhint %} {% hint style="info" %} **SteakHut Cofounders:** **0xWagyu:** 0x6A70c42Cf31275BDdf9522B61109FaAdBF8Cf228 **0xRibeye:** 0x491A800401E8792E8f7CccA5dBd276093Adb1D9b {% endhint %} {% hint style="info" %} **Community Team:** **XPKea:** 0x1b1fdc374c5c9a87f01eadfae2ca5ad4c348382a **P456:** 0x4d70CA9e7f75392D76204B81B7981eE8D0E17fe3 {% endhint %} # Terms of Use **BY ACCESSING THE STEAKHUT PLATFORM, YOU AGREE TO THE TERMS OF USE. THE TERMS OF USE ARE A LEGAL AGREEMENT BETWEEN YOU AND STEAKHUT AND GOVERN YOUR USE OF THE SERVICES. IF YOU DO NOT AGREE TO THESE TERMS OF USE, DO NOT USE THE SERVICES.** In addition, when using the Services, you shall be subject to any posted guidelines, rules, or terms applicable to such Services, which may be posted from time to time. All such guidelines, rules or terms are hereby incorporated by reference into the Terms of Use. #### Acknowledgment These are the Terms and Conditions governing the use of this Service and the agreement that operates between You and the Company. These Terms and Conditions set out the rights and obligations of all users regarding using the Service. Your access to and use of the Service is conditioned on Your acceptance of and compliance with these Terms and Conditions. These Terms and Conditions apply to all visitors, users, and others who access or use the Service. By accessing or using the Service You agree to be bound by these Terms and Conditions. If You disagree with any part of these Terms and Conditions then You may not access the Service. You represent that you are over the age of 18. The Company does not permit those under 18 to use the Service. **Please note the following:** * You agree that you will only use the Website and Services for lawful purposes, and pursuant to these Terms of Use. * You agree that you will not use the Website and Services if you do not agree to be bound by these Terms of Use. * At various times in the future, we may revise these Terms of Use, and you agree that you will be bound by, and will comply with, any revised terms, as of the date of publication of any revision. * You agree that SteakHut may also offer other services that are governed by these or different terms of use. * You agree to use the Services for lawful purposes only, and solely in a manner consistent with the intent of SteakHut as described in these Terms of Use. * You agree that while using the Service, you will not engage in any activities that are in violation of any applicable laws of any jurisdiction that applies. You further agree to not offer any interests, tokens, or equity in any fund owned or managed by You to a person who does not qualify to participate or purchase such interests, tokens, or equity in the applicable jurisdiction. #### PROHIBITED USES You agree not to engage in the prohibited uses set forth below. The specific activities set forth below are representative but not exhaustive. By using the Site or the Interface, you confirm that you will not do any of the following: * Promote or facilitate illegal activities, including but not limited to money laundering, terrorist financing, tax evasion, buying or selling illegal drugs, contraband, counterfeit goods, or illegal weapons; * Engage in transactions involving items that infringe or violate any copyright, trademark, right of publicity, privacy, or any other proprietary right of SteakHut; * Engage in improper or abusive trading practices, including but not limited to (a) any fraudulent act or scheme to defraud, deceive, trick, or mislead; (b) trading ahead of another user of the Site or the Interface or front-running; (c) fraudulent trading; (d) accommodation trading; (e) fictitious transactions; (f) pre-arranged or non-competitive transactions; or (g) cornering; * Uploading or transmitting viruses, worms, Trojan horses, time bombs, cancelbots, spiders, malware, or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Site or the Interface; * Use the Site or Interface in any way that is, in our sole discretion, libelous, defamatory, profane, obscene, pornographic, sexually explicit, indecent, lewd, vulgar, suggestive, harassing, stalking, hateful, threatening, offensive, discriminatory, bigoted, abusive, inflammatory, fraudulent, deceptive, or otherwise objectionable or likely or intended to incite, threaten, facilitate, promote, or encourage hate, racial intolerance, or violent acts against others; * Harass, abuse, or harm another person or entity, including SteakHut’s collaborator and service providers; * Impersonate another user of the Site or the Interface or otherwise misrepresent yourself #### "AS IS" and "AS AVAILABLE" Disclaimer The Service is provided to You "AS IS" and "AS AVAILABLE" and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Service will meet Your requirements, achieve any intended results, be compatible or work with any other software, applications, systems, or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected. Without limiting the foregoing, neither the Company nor any of the Company's providers make any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components. Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to You. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law. #### **Restrictions on Access by Jurisdiction**: You acknowledge and agree that access to the SteakHut platform may not be available to users from certain countries or regions due to legal restrictions. It is your responsibility to ensure that your use of the platform is in compliance with the laws and regulations of your jurisdiction. By accessing and using the SteakHut platform, you represent and warrant that you are not a resident or citizen of any country or region where the use of our services is prohibited by law. Furthermore, you agree that you will not access or use the platform if doing so would violate any applicable laws in your jurisdiction. SteakHut reserves the right to restrict or terminate access to the platform by users from certain jurisdictions at our discretion and in compliance with relevant legal requirements. You understand and acknowledge that it is your responsibility to be aware of and adhere to any laws, regulations, or restrictions in your jurisdiction that may apply to your use of the SteakHut platform. SteakHut disclaims any liability for your failure to comply with these laws and regulations. #### U/S residents/OFAC residents Please note that US residents or any resident of an OFAC territory (restricted persons) are strictly prohibited from depositing any crypto assets on the SteakHut platform. Further, restricted persons should not interact with the SteakHut platform at any time. Nothing in our documentation should be considered as financial advice in any way or an endorsement to purchase, deal, market, or arrange in dealing in securities. By interacting with any smart contract on the SteakHut protocol (including deposits, withdrawals, and approvals), you expressly and unconditionally affirm that you are not a resident of the U/S or any OFAC-sanctioned country or territory. #### User Responsibility for Accounts & Security Users are solely responsible for all matters relating to their accounts, addresses, and tokens and for ensuring that all uses thereof comply fully with these Terms. Users are solely responsible for protecting the data integrity and confidentiality of their login information and passwords or private keys for the Site or any wallet applications or devices used in connection with the Site. The compatibility of the Site with wallet applications and devices or other third-party applications or devices is not intended as, and you hereby agree not to construe such compatibility as, an endorsement or recommendation thereof or a warranty, guarantee, promise, or assurance regarding the fitness or security thereof. #### **Limitation of Liability**: You acknowledge and agree that the use of the SteakHut platform is at your own risk. To the fullest extent permitted by applicable law, SteakHut, its affiliates, officers, directors, employees, agents, and partners shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from: 1. Your use or inability to use the SteakHut platform. 2. Any unauthorized access to or use of our servers and any personal information stored therein. 3. Any interruption or cessation of transmission to or from the SteakHut platform. 4. Any bugs, viruses, trojan horses, or the like that may be transmitted to or through the SteakHut platform by any third party. 5. Any errors or omissions in any content or for any loss or damage incurred as a result of the use of any content posted, transmitted, or otherwise made available through the SteakHut platform. 6. Any products or services offered or provided by third parties through the SteakHut platform. 7. Any disputes or transactions between you and any third party, including other users of the SteakHut platform. 8. Any loss or damage to your equipment, software, or data arising out of your use of the SteakHut platform or any content posted on the platform. 9. Any other unlisted losses that may occur The limitations and exclusions of liability contained in this section apply regardless of whether such damages arise under contract, tort (including negligence), or otherwise and regardless of whether we were advised of the possibility of such damages. In jurisdictions where the exclusion or limitation of liability for consequential or incidental damages is not allowed, our liability is limited to the maximum extent permitted by law. #### **Blockchain Smart Contracts and Associated Risks**: The SteakHut platform utilizes blockchain technology and smart contracts to provide certain services. We want to make you aware of the unique features and associated risks of this technology. Blockchain and smart contracts are relatively novel technologies that offer innovative and decentralized solutions. They operate based on code and consensus mechanisms, and transactions are recorded on a public ledger. However, these technologies are continuously evolving, and their adoption is subject to regulatory changes and technological advancements. Smart contracts are self-executing and rely on code to perform actions automatically. While we take precautions to ensure the security and accuracy of our smart contracts, they may still contain bugs, vulnerabilities, or errors that could lead to unexpected outcomes. It's essential to exercise caution and thoroughly review any smart contracts before interacting with them. Blockchain transactions, once confirmed, are typically irreversible. This means that once a transaction is processed on the blockchain, it cannot be undone. Therefore, it's crucial to verify all transaction details before confirming any action on the SteakHut platform. The regulatory environment for blockchain and cryptocurrencies varies by jurisdiction and is continually evolving. Changes in regulations or government actions may impact the legality and functionality of blockchain-based services. Users are responsible for understanding and complying with relevant laws and regulations in their jurisdiction. Blockchain assets and cryptocurrencies can be highly volatile, with their values subject to rapid fluctuations. Users should be aware of the potential for substantial gains or losses when participating in activities on the SteakHut platform. Users are responsible for implementing security measures to protect their accounts, private keys, and personal information. Use strong passwords, enable two-factor authentication, and exercise caution when sharing sensitive information. By using the SteakHut platform, you acknowledge and accept the inherent risks associated with blockchain technology, including smart contracts. We encourage you to conduct your research, seek legal advice, and exercise due diligence when engaging with our services. SteakHut disclaims any liability for losses or damages resulting from the use of blockchain technology and smart contracts on our platform. #### Tax Issues The tax consequences of purchasing, selling, holding, transferring, or locking tokens or otherwise utilizing the SteakHut Smart Contract System are uncertain, may vary by jurisdiction, and may be adverse to a User. Site Operator has undertaken no due diligence or investigation into such tax consequences, assumes no obligation or liability to optimize the tax consequences to any person, and is not providing any tax advice. Users are responsible for understanding and complying with tax laws in their jurisdiction. #### Disputes Resolution If You have any concerns or disputes about the Service, you agree to first try to resolve the dispute informally by contacting the Company. #### NO PROFESSIONAL ADVICE OR FIDUCIARY DUTIES Nothing herein constitutes legal, financial, business, or tax advice, and you are strongly advised to consult an advisor(s) before engaging in any activity in connection herewith. All information provided by the Site is for informational purposes only and should not be construed as professional advice. You should not take, or refrain from taking, any action based on any information contained on the Site or any other information that we make available at any time, including, without limitation, blog posts, articles, links to third-party content, discord content, news feeds, tutorials, tweets, and videos. The Terms are not intended to, and do not, create or impose any fiduciary duties on us. # Brand Assets **SteakHut's Mission:** To pioneer and deliver efficient on-chain liquidity solutions **SteakHut's Vision:** Creating deep liquid markets for everyone's favorite tokens. **The Challange:** SteakHut is a necessary response to the many downfalls that liquidity providers face with on-chain liquidity. Liquidity is fragmented, expensive, complex, and time-consuming. **The Solution:** SteakHut creates user-focused products, helping create efficient liquidity solutions. Working directly with retail and institutional users, liquidity seekers, and builders, SteakHut creates the liquidity layer of Web3. ## SteakHut Taglines * The Liquidity Layer of Web3 * Re-envisioning liquidity * The platform for decentralized liquidity management and market-making solutions. ## The SteakHut "Build Ethos" Everything we build at SteakHut is centered around our build ethos, this governs the choices we make and the triaging of what we build and create. ### Innovation First SteakHut’s build ethos is “Innovation First”, as part of this we build for the future constantly striving to anticipate and address the most significant challenges that users may encounter within the Web3 landscape. This forward-thinking approach propels us to construct innovative products. The SteakHut team is known for building classified projects in the "barn" during their incubation phase. Our ultimate aim is to pioneer genuine innovation, pushing the boundaries of decentralized finance (DeFi) and driving it forward. ### Community Centred The SteakHut community, known as the Herd, is always the center of SteakHut. Since our inception, we have emphasized the importance and had a key focus on building a thriving fun community. We love to create things that truly create value for our community. From striving for low-cost products, reward sharing, and creating fun art, we're committed to placing the SteakHut community at the heart of all that we do. ### Security Always In DeFi, Security is essential. This is why SteakHut prides itself on always pushing security. We only work with well-known audited code and have built SteakHut from the ground up with the brilliance of our in-house tech founders. Security is never an afterthought, it's built throughout SteakHut. ## The SteakHut Logo The SteakHut logo is consistent with the $STEAK token logo, comprising the graphical "S & H" letters, the logo should be minimalistic reflecting the high-tech innovation of Web3, while also reflecting the community-centric branding with the SteakHut pink coloring. The minimalistic logo (no background) can be used on plain dark backgrounds.

SteakHut logo (500 x 500)

xSTEAK logo (500 x 500)

SteakHut logo (250 x 250)

xSTEAK logo (250 x 250)

SVG Logo

## The SteakHut Typeface The logo typeface is created using the "Cerebri Bold" font with the text in bold characters. Notably the letters "S" and "H" should always be capitalized.

Standard Typeface PNG

Typeface White (PNG)

Typeface Minimal (PNG)

SVG Typeface (White)

SVG Typeface (Black)

## The SteakHut Colour Palette | Colour | HEX | | -------------- | ------- | | White | #ffffff | | Black | #000000 | | SteakHut Pink | #f469be | | Liquidity Blue | #38B6ff | | Deep Blue | #00001d |

Black

Deep Blue

Liquidity Blue

SteakHut Pink

White

## The SteakHut Mascot The SteakHut mascot, "Wagyu" is the face of our brand. Our mascot carries the SteakHut philosophy and emits our values. Wagyu helps to create a genuine connection with users. The majority of community-based comms should include a reference to "Wagyu" the distinct and recognizable SteakHut mascot. Codification helps improve brand awareness and salience, helping to keep it top of mind. Wagyu originated as the voxel character and has expanded out to illustration, meme-based, and 3D mediums. The Wagyu character can take multiple forms but all retain key the key recognizable characteristics: * Black and white coloration and cow pattern spots, reminiscent of a dairy cow * White Horns * SteakHut pink nose (where applicable)

Example 1

Example 2

Example 3

## The SteakHut Emojis Similarly to the mascot, SteakHut emojis are essential in the codification of the brand and ensuring congruity is important in emoji usage. The "Cow Face" emoji is used in relation to SteakHut, and the "Steak/Cut of Meat" emoji is used in relation to the $STEAK token. SteakHut has two primary emojis: 🐮🥩