SteakHut allows Trader Joe farmers to earn significantly boosted yields on their Trader Joe farming, with our veJOE boosted farms.
veJOE is a Trader Joe staking method that allows users to unlock higher rewards on their liquidity pool farming. The share of veJOE that a user owns, is what increases the user's farming rewards. The SteakHut Herd holds a large amount of veJOE, which is permanently blackholed. This allows the SteakHut protocol to provide large boosted yields for the SteakHut Herd.
With SteakHut users can receive veJOE boosted yields without having to stake their JOE and worry about accruing veJOE!
How to stake your JLP Tokens
On the SteakHut Dashboard Navigate to our Herd Boosted LPs
Select your desired pool from our large range of boosted pools
Expand the section using the blue arrow (top right corner)
Enter the quantity of JOE LP (JLP) tokens you would like to add to our boosted pools, then hit "stake". If you have no LP tokens you can create them using our LP Zapper.
Welcome to the Herd! Sit back and enjoy your boosted returns!
Note: If it is your first time using the platform, you may have to approve your JLPtokens for use with the contract by pressing the "Approve" button when prompted. After that transaction has been confirmed.
What are Trader Joe Farms?
With Trader Joe you can stake your LP tokens into farms to earn extra yield. Through yield farming not only will you continue to earn trading fees from the liquidity pool, but you can also earn extra rewards.
SteakHut allows you to receive extra yield on veJOE boosted farms.