Steer Protocol Launches Developer Platform
What is Steer Protocol?
Steer Protocol is an advanced keeper network that provides a scaling solution for off-chain data processing through its robust infrastructure. Steer allows any data source (dynamic or static) to drive on-chain execution at near zero computation cost and on any blockchain!
Steer Protocol’s infrastructure offers endless possibilities ranging from
- Automated Liquidity Management
- Asset Management
- Loan Payments
- Data Availability
- Automated Governance
- Oracles and more…
What is the Steer Protocol Marketplace?
Steer Marketplace is an economy of custom algorithms created by both the Steer team and the community.
Anyone can create/fork and invest in/withdraw from these algorithms. These algorithms are thoroughly tested by Steer Protocol’s backtesting toolset to make sure that the algorithms produce proper yield to cover the gas required for execution as well as to ensure proper execution, and more. Once tested, the algorithms are then registered on the Steer Marketplace for use.
In return, the creator gets a fixed percentage of the profits their algorithm makes.
We call these algorithms Strategies. A Strategy can manage liquidity for an asset or performing recurring tasks like compensation distribution, airdrops, etc.
Steer Protocol also offers an open data connector marketplace for developers giving them the ability to utilize existing data or to build their own data connectors and integrate them with the Steer Protocol for other developers to use. We currently provide access connectors to Coingecko and TheGraph with more to be released soon!
What are we releasing today?
Our first product is focused on Multi-chain Automated Liquidity Management for the next generation of automated market maker platforms like Uniswap V3.
Concentrated liquidity management is a hard problem to solve. To conquer this hurdle, we have built a development platform for developers to build and run strategies on Uniswap in over 40+ programming languages!
Today, we are releasing a full development suite combined with an advanced backtesting suite. This will enable developers to begin building and testing their strategies before our mainnet launch!
Learn more about these tools by visiting our brand new documentation: Steer Protocol Documentation
How to get started?
Getting started is easy! We have built an easy to use template to make the onboarding process as seamless as possible!
The template can be found here: https://github.com/SteerProtocol/strategy-template-assemblyscript
Unsure how to build a strategy? Use our writing a strategy guide! Learn how to build a trailing stop-loss order for Uniswap V3. We will walk through each step of the process and how to backtest your performance and view your results.
How to write a strategy: https://docs.steer.finance/Strategies/writing-a-strategy
Looking for more info?
Do you have questions or want to help get involved? Reach out to the team/community on our discord:
