SteakHut Finance

General FAQ

SteakHut Liquidity is a protocol built to automatically manage your concentrated liquidity position on Trader Joe's DEX V2, The Liquidity Book.
Concentrated liquidity is liquidity that has a set price range. This allows users to "concentrate" their liquidity into ranges for more capital efficiency and more fees.
By concentrating liquidity into specific ranges, the liquidity provider can earn more fees and have more control over their capital. Traders experience less slippage on trades in concentrated liquidity markets.
Concentrated liquidity is an added level of complexity, with a variety of possible use cases. Concentrated liquidity can also amplify negative things like impermanent loss.