SteakHut Finance
SteakHut
  • Welcome to SteakHut
  • Getting Started
    • 🐮SteakHut Benefits
    • ⚙️Mechanics
      • SteakHut for DEX V2 Pools
      • SteakHut for DEX V1 Pools
      • SteakHut for JOE Zappers
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    • 🥩STEAKING
      • Rewards
    • 🌊Liquidity
      • Passive Strategies
        • Stable Strategy
        • Dynamic Range Strategy
        • Pegged Pair Strategy
      • Active Strategies
      • Liquidity as a service
      • Structuring Liquidity
      • Concentrated Reward Farms (Boost)
      • Risks
    • 🌱ve JOE Farms
      • 👨‍🌾veJOE Boosted Farms
        • Understanding veJOE
    • ♻️Auto-compounding Vaults
      • 🪣sJOE Compounder
  • ☕Developer Docs
    • LBVault (Incl. Native)
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      • Strategist Role
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  • Basics
    • Depositing tokens into SteakHut liquidity
    • STEAKING Applications
    • Bridging $STEAK
    • Depositing your JLP Tokens
      • Redeeming Rewards
      • Creating LP Tokens on SteakHut
    • Zapping JOE and Staking hJOE
  • STEAK-O-Nomics
    • Tokens
      • Understanding $STEAK
      • Understanding xSTEAK
      • Understanding hJOE
    • $STEAK
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      • Emission Schedule
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On this page
  • Auto-compounding Vault Fees
  • sJOE Auto-compounding Farm
  • Strategy
  • Fee
  1. Getting Started

Auto-compounding Vaults

Unlock the DeFi flywheel, and compound your rewards!

SteakHut brings low-cost accessible DeFi strategies to Avalanche with our range of auto-compounders.

Our vaults automatically convert your rewards back into the underlying staked token, and reinvest it into the pool allowing you to sit back and enjoy compounded yields!

Auto-compounding Vault Fees

Performance Fee: 4%

SteakHut’s ultra-low-cost auto-compounders have a small performance fee of only 4%. This is calculated only on the reward amount for each compound.

The transaction costs associated with auto-compounding are also socialized among all users, further reducing any fees.

Performance Fee breakdown:

  • 4% Accrued by SteakHut treasury

Fee example: a user with $1,000 staked into the strategy earning 10% in rewards would only realize 4% fees paid on the $100 in rewards ($4). This is automatically realized during each compounding period.

sJOE Auto-compounding Farm

Strategy

The sJOE auto-compounding farm using Trader Joe's sJOE staking to auto-compound your $JOE. When users stake their $JOE, our smart contracts deposit your $JOE into Trader Joe's sJOE staking, all rewards are then converted back into $JOE and re-invested.

Fee

2.5% performance fee

Variable deposit fee (Dictated by Trader Joe)

The 2.5% performance fee is accrued on the reward balance each time the farm is compounded. Trader Joe's sJOE staking also has a deposit fee ranging from 0-3%.

Fee Example:

User stakes: $1000 in $JOE tokens

User yields: 20%

Over the course of 1 year, the user accrues $200 in rewards. A 2.5% performance fee is acquired on the rewards each compounding period, meaning the user accrues $5 in rewards. When depositing a fee may also be acquired by Trader Joe ranging from 0-3%.

Automate your sJOE staking

Rewards are re-invested for you

Ultra-low-cost performance fees

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Last updated 2 years ago

🪣sJOE Compounder
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