SteakHut Launches Betswirl Reward Farm

Enjoy concentrated reward farming on $BETS — $ETH

SteakHut has partnered with the team at Betswirl to help bring automated and optimized liquidity to the $BETS Arbitrum liquidity pool on Trader Joe V2.

With SteakHut users can now provide liquidity to the $BETS-$ETH pool, which is powered by Trader Joe V2, a concentrated liquidity AMM. SteakHut helps users manage concentrated liquidity positions by automating the rebalancing process ensuring that liquidity is always in range and earning swap rewards.

With concentrated reward farming users can stake their “SH LB Tokens” to earn bonus rewards on top of their liquidity positions.

The Betswirl team has created a concentrated reward farm to boost liquidity provider's rewards by earning bonus $ETH tokens.

How to participate and earn BONUS $ETH

Step One: Head over to SteakHut and connect your wallet

Step Two: Switch to the Arbitrum network and locate the BETS-ETH liquidity vault

Step Three: Stake $BETS and $ETH into the liquidity vault

Note: SteakHut operates using concentrated liquidity vaults. When depositing the ratio of assets may differ from the 50:50 ratio used by traditional AMMs.

If you enter the amount of one token to stake, the UI will automatically calculate how much of the other token is needed.

Step Four: Farm your tokens!

Use the SteakHut boost to deposit your “SH LB Tokens” and earn BONUS $ETH rewards on top of the liquidity vault swap rewards!

Note: After depositing your tokens into the boost “My TVL” will be displayed under the boost section.

What is SteakHut?

SteakHut Liquidity introduces a novel decentralized liquidity management protocol that enables liquidity providers and tokenized protocols to optimize their capital on Trader Joe’s DEX V2: The Liquidity Book.

SteakHut’s liquidity provisions remove the barrier of entry of concentrated and offer LPs a range of “set-and-forget” liquidity options that allow you to deposit your tokens and optimize your returns.

Once deposited, your tokens are rebalanced and reinvested automatically by our contracts. This works to ensure that your liquidity always operates within the bounds of the strategy you choose, saving time and gas and earning you the highest possible swap rewards.

What is Betswirl?

BetSwirl is an online cryptocurrency gaming platform, fully decentralized and anonymous, where everyone can enjoy a fair play, a fun time and an innovative gamer experience.

• A unique interactive gaming experience with animations and sound effects ready to be unleashed soon in the metaverse
• Multiple games like Dice, Coin Toss, Million Jackpot… All accessible easily by using the token of your choice: MATIC, BNB, AVAX, BETS, and all others partners ERC20
• A staking program to share the project profits with the community