Yield Farming
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Whaaaat, there’s more! SteakHouse also allows you to farm its governance token – STEAK. On the farm, you can deposit your LV1 tokens, locking them up in a process that rewards you with STEAK. Which LV1 tokens can you deposit? Well, here’s a taster of some of the most popular ones:
STEAK - USDC LV1
STEAK - WMATIC LV1
STEAK - USDT LV1
WETH - USDC LV1
WBTC - USDC LV1
DAI - USDT LV1
DAI - USDC LV1
USDC - USDT LV1
WETH - WMATIC LV1
LINK - USDC LV1
WMATIC - USDC LV1
AAVE - USDC LV1
Go to the exchange and click “Pool” and then “Add Liquidity”
Select the tokens to add, in this case STEAK and USDC. You need to provide them in a 50/50 ratio vs USD value. For example, you would need to add $10 of STEAK and $10 of USDC. Once you are done, click “Supply”
Check the details, click “Confirm Supply” and then confirm the transaction in your wallet
You now have liquidity tokens. Now go to STEAK tab at
Click "Approve Contract“on the farm STEAK-USDC LV1 and after that will appear button "Stake LP"
Click the “Stake LP” button to stake your liquidity tokens
Enter the number of liquidity tokens you want to stake and click “Confirm”
Done!
The rewards don’t end here, however! You can earn even more by staking your STEAK in GRILL pools.
So you’ve deposited some funds to receive LV1 tokens, and you’ve used them to farm STEAK. From there, you can stake your STEAK and earn other tokens through special staking pools.
The biggest GRILL pool is simply for STEAK, where you can stake your STEAK to earn even more STEAK! But there are many more tokens you can earn by staking STEAK, so be sure to keep an eye on the page.