SteakHut Promotions
JOE Wars Launch: Herd Blitz
The Herd Blitz was a program to heavily incentivize users to ‘Zap’ (convert) JOE for hJOE.
Rewards
The first 1,200,000 $JOE Zapped with SteakHut, will be rewarding bonus locked $STEAK tokens at a 4:1.1 ratio.
Locking Period
The Herd Blitz locked $STEAK tokens will be redeemable to users at the end of the cliff period. Tokens will be vested over 16 weeks with a 5-week cliff.
Steak Allocation
Budget: 330,000 (6.6%)
Timeframe
Start Time: May 4th, 4pm UTC
End Time: May 9th, 4pm UTC
Date Redeemable: June 13th
zJOE Blitz
The zJOE Blitz was a program to heavily incentivize the competitor's users to convert zJOE for JLP Tokens and deposit these within SteakHut's Herd Boosted Pools.
Rewards
The first 250,000 zJOE converted and deposited with SteakHut, will be rewarding bonus locked $STEAK tokens at a 10:1 ratio. Participants must also remain deposited in the boosted pools for a minimum of three weeks to receive the airdrop.
Locking Period
The Herd Blitz locked $STEAK tokens will be redeemable to users at the end of the cliff period. Tokens will be vested over 16 weeks with a 5-week cliff.
Steak Allocation
Budget: 25,000 (0.5%)
Timeframe
Start Time: May 17th, 4pm UTC
End Time: May 20th, 4pm UTC
Snapshot Date: June 10th
Date Redeemable: June 24th
Total $STEAK emitted for Herd Blitz and zJOE Blitz promotions: 250,000
STEAK-AVAX Double Rewards Farm
Following the SteakHut Rocket Joe Launch a double reward farm has been established on Trader Joe allowing users to earn both JOE and STEAK rewards for supplying liquidity.
Duration: 30 Days, ending June 5th
Budget: 317460.3175 Steak (6.35%)
Double Rewards Farm extended for 30 Days
Duration: 30 Days, ending July 5th
Budget: 250,000 Steak (5%)
hJOE Staking: SteakHut Staking Stampede
For the initial 7 days of hJOE staking users are able to earn boosted STEAK emissions as part of the SteakHut Staking Stampede.
Emission Rate
Base emission rate: 0.10368
Bonus emission rate: 0.044434
Total Stampede emission rate: 0.148114
Budget: 26,873.6832 bonus Steak (0.53%)
The Wagyu Collection: NFT Frenzy
The NFT Frenzy event is a launch promotion for SteakHut's signature NFT range. The first NFT launch had a $STEAK Airdrop component involved.
For every 5 JOE converted and deposited into SteakHut you will receive a bonus locked STEAK token, eligible for the first 100,000 Zapped during the promotion period.
The Herd Blitz locked $STEAK tokens will be airdropped to users at the end of the cliff period. Tokens will be vested over 18-weeks with a 10-week cliff.
Start Time: June 23, 10pm UTC
End Time: June 26, 10pm UTC
Date Redeemable: September 4
sJOE Rush
The sJOE Rush is a $STEAK Airdrop to incentivize the first users of SteakHut's auto-compounding sJOE pool.
For every 50 $JOE staked during the promotional period, users will be eligible to receive 1 bonus locked $STEAK token airdrop. Users must remain staked for the duration of the cliff period.
The bonus locked $STEAK tokens will be claimable to users on the dApp at the end of the cliff period. Tokens will be vested over 18 weeks with a cliff ending September 4th.
The promotion will remain open for 72 hours, or until the first 1,000,000 JOE has been converted.
Start Time: August 18, 10pm UTC
End Time: August 21, 10pm UTC
Date Redeemable: September 4
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