Rocket Joe Launch Partner: SteakHut Finance


The Joe Wars

Data snapshot 29th — Leaderboard built by Community member: Angus

SteakHut: Launch Protocol Overview

  • Aims to build the largest treasury of JOE for veJOE accumulation
  • Convert your JOE to hJOE and join the ‘Herd’ to earn STEAK tokens and protocol revenue share paid in JOE tokens
  • Early Zapper benefits include Higher $STEAK emissions and Herd Blitz promotion
  • Deposit your JOE Farm Tokens (JLPs) onto SteakHut Platform to receive boosted yields by leveraging the Herds accrued veJOE balance
  • STEAK Tokens provide you with a share of revenue generated on the platform and will also unlock periodic buy-back dividends
  • In the near future hJOE:JOE LP will also be established meaning that zapped JOE Tokens can be reversed
  • Audited by Paladin (trusted by TraderJoe)

Key Details and Features

1. JOE Zappers

  • JOE Holders convert JOE to Herd JOE i.e hJOE in an equal amount, adding to SteakHut’s blackholed JOE accrual
  • Early zappers will benefit from higher $STEAK emission
  • Amongst these early zappers, the very first 1,000,000 JOE zapped AKA “Herd Blitz program” will receive vested STEAK tokens at a 1:4 ratio i.e 250,000 STEAK tokens (5% of the total supply)
  • Bonus $STEAK Rewards come with a 5-week cliff and 16-week linear vest

2. JLP Depositors

  • Trader Joe Farmers can deposit their JLP tokens into SteakHut’s boosted pools, offering additional incentives on top of JOE Farms and therefore, higher yields.
  • In the early stages, JLP depositors will receive higher yields due to (i) reduced TVL, (ii) in combination with our Herd Blitz program incentivizing Zappers leading to rapidly accruing veJOE, and (iii) low-fee model in the SteakHut protocol.
  • Join the Herd and enjoy boosted yields: Read more here 👈🐄

3. STEAK holders

  • $STEAK owners receive a portion of SteakHut protocol revenues (from 3 up to 20%) in the form of buy-backs and JOE dividends
  • STEAK being the governance token of SteakHut protocol, holders will be able to vote on proposals in direct proportion to their holdings
  • Learn more about $STEAK: here 👈🥩

SteakHut: Tokenomics and Emissions


  • Learn more about the Steakonomics here 👈🥩


Protocol Fees

On Launch, SteakHut Finance will only charge a 3% fee on top of implemented strategies. This compares to a market average of 10–20%. Ensuring that SteakHut returns the largest share of all generated revenue to JLP Providers.

SteakHut Finance: Low Fees and Boosted Rewards

To learn more, read the whitepaper here:

Rocket Joe Launch Details

Launch Timeline

🔹 Launch Parameters

  • Supply: 500,000 (10% of 5m tokens total supply)
  • LP Lock Time: 0 days (no lock)
  • Withdrawal Fee: 1% Max
  • Double Reward Farm deployed on Launch
  • Rocket Joe Participants will also receive an NFT 🎨

🔹 Rocket Joe Timeline

  • 1st May — 6PM UTC — Deposit Opens
  • 1st May — 8PM UTC — Twitter Spaces with the SteakHut Finance Team
  • 3rd May — 6PM UTC — Withdrawal Only
  • 4th May — 6PM UTC — Launch + Farm

🔹 How to Access Rocket Joe Launches

About Trader Joe

Social Links: Twitter | Discord | Telegram | Instagram | YouTube



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