# Glossary

## $STEAK

$STEAK is SteakHut's governance token and represents ownership in the SteakHut Protocol. It is a deflationary token. Holders will be eligible for buy-backs and dividends.

## STEAK-Holder

Someone that holds $STEAK

## The Herd

The SteakHut's powerful collective community. The Herd works together so we can all enjoy boosted yields.

## JOE

Trader Joe's governance token

## hJOE

Herd JOE (hJOE) are JOE tokens that have been Zapped with SteakHut. hJOE holders are eligible to receive $STEAK emissions initially followed by profit shares generated by the protocol. 

## veJOE

Trader Joe's veTokenomic staking system. Stake JOE into veJOE to earn veJOE overtime, and receive boosted JOE Farm rewards and governance over veJOE.

## APY

Annual Percentage Yield, is the normalized representation of an interest rate, based on a compounding period over one year.

## JLP

Trader Joe LPs, or JLP tokens are the tokens received when providing liquidity on Trader Joe.

## TVL

Total Value Locked is the dollar amount of all LP deposits staked in the SteakHut protocol.