SteakHut – An advanced Active Liquidity Management Platform

Request for Proposal (RFP): Liquidity Management and Derivative Protocols

About:

SteakHut is building a permissionless cross-chain Active Liquidity Management platform. We give users access to a suite of liquidity management & data analytics tooling.

With SteakHut users can automate their concentrated Uniswap positions, providing simple to use passive liquidity providing options for users. SteakHut’s analytics suite allows users to easily track performance metrics and KPIs for their liquidity.

User’s can also deploy their own permissionless liquidity vaults which they can manage with a number of liquidity management features directly for the SteakHut user interface.

Vault deployers can mange liquidity for their communities, and set their own performance fees.

How do you think this project fits in with Uniswap?

SteakHut is built on top of Uniswap. It gives liquidity providers unprecedented control and management over their liquidity. It allows “Vault Managers” to manage their own permissionless liquidity strategies and safely manage the liquidity of their clients or communities.

What benefits will this project bring to Uniswap in the Arbitrum ecosystem?

SteakHut will benefit the Uniswap + Arbitrum ecosystems by allowing liquidity providers access to enhanced management features and analytics.

This will enhance and help deepen liquidity on Uniswap Arbitrum.

By making liquidity provisioning easier it lowers the barrier of entry to users, allows communities to support their liquidity with “Farming” liquidity mining incentives, and gives liquidity providers complete transparency into liquidity performance with dedicated analytics.

SteakHut will help the increase Uniswap liquidity on Arbitrum, and help the ecosystem protocol manage and deploy custom liquidity strategies for the Protocol Owned Liquidity and their for their liquidity providers.

Is this project open-source? (If yes, share the repository link).

SteakHut Liquidity is open source; source code can be found via GitHub or openly viewed on etherscan equivalents

Protocol Security and Auditing

SteakHut has undergone several external smart-contract audits, security is a number one priority for us.

Our original (MVP) liquidity management contracts were audited in 2023 by Paladin Blockchain Security

Our current Uniswap V3 liquidity management contracts have been audited in 2024 by both Omniscia and Shieldify.

All future iterations of the platform will also undergo smart contract auditing.

Team Members:

“Wagyu” Co-fouder and lead developer: Has built SteakHut’s novel liquidity management contracts from the ground-up. Wagyu is a a full stack developer with a decade of experience, knowledgeable in Java, Javascript, Swift, Objective C, HTML, SQL, and Solidity.

“Ribeye” Co-founder and head of marketing and community. Self-taught artist specializing in 3D art and animation. Ribeye has shaped SteakHut’s strong community over the course of two year.

Milestones:

Research and development (Jan 2023-August 2023, Completed): Conducting research into developing our liquidity management platform, comprising of interviews and feedback from liquidity providers, developing and testing our second MVP, researching passive liquidity provisioning and key performance metrics for our analytics suite.

Core SteakHut Development (Jan 2023-November 2023, Completed): Developing the core SteakHut smart contracts and user interfaces. Complete with fully permissionless liquidity vault creation, automated strategies, concentrated reward farm contracts, swap aggregation and analytics suite.

Auditing and Security (November 2023-Jan 2024, Completed): Dual-auditing complete of all SteakHut smart contract complete by reputable external auditing firms. Completed by Omniscia and Shieldify.

Internal Alpha & Beta testing rounds (December 2023-Jan 2024, Completed) Roll out SteakHut in MVP stage for closed intense testing rounds. Testing with entire SteakHut team, and key community stakeholders and potential ecosystem partners.

Launch Phase (Feb 2024-April 2024, Current): Begin rolling out SteakHut ontop of Uniswap V3, commencing on Arbitrum & Avalanche Mainnets.

Partnership Development (Feb 2024-ongoing, Current): Begin partnering with key ecosystem protocols and potential partners to build synergies on SteakHut and allow these protocols to develop deep liquidity strategies on Uniswap V3.

Product Refinement (Feb 2024-ongoing, Current): Collecting user feedback in various forms and constantly reiterating the product to improve the user experience and add further functionality for liquidity providers.

Expansion Phase (May 2024-March 2025): Begin expanding SteakHut cross chain to encourage an omnichain DeFi future and create true interoperability for liquidity providers on Uniswap independent of their blockchain, specifically Arbitrum, Avalanche, Ethereum. Begin exploring deployment of the platform on the upcoming Uniswap V4.

How do you plan to reach these milestones? (Explain the project feasibility).

To-date SteakHut has been successfully keeping to our milestones and doing so in a timely manner. SteakHut’s co-founders have the skills and expertise to bring this vision to life, which has been proven in the success so far.

The protocol has completed multiple stages of MVP testing and auditing and has had a successful early launch on mainnet.

Our product is in the early stages of launching and has been scaling successfully.

The protocol in the early launch phase is growing TVL on Uniswap and allowing Uniswap to facilitate deep liquidity for key token pairs it otherwise did not have.

SteakHut has been building relationships and a history with protocols and builders across chains including Arbitrum to bring great synergies to our Uniswap product.

Key Performance Indicators:

Liquidity: Attract a total locked value (TVL) of $10M within six months of launch to Uniswap (Current: approx. 3.3m at writing)

Daily Volume: Achieve an approximate daily volume of $10M within six months of launch (Current: approx. 1m at writing)

Partners: Create meaningful partnerships with 30 protocols within one year of launch (current: 10 partners)

Feedback: Conduct 3 meaningful testing rounds with key stakeholders, liquidity providers or partnering protocols to gain insights and actionable feedback on improving the user experience. Conduct this within the one year period.

KPIs will be monitored/supervised by Co-founders, specifically Ribeye, who already tracks and monitors these above metrics. These metrics are also accessible from our subgraph.

How will you use these funds? Please make a detailed plan for expenditures.

Conducting SteakHut’s milestone comprises of a variety of several expense categories.

We estimate a total budget of $235,000 to successfully complete our plan comprised of:

1. Team Member expenses, plus the addition of contracted developers as required over the course of an approximate one-year total built process. Estimated budget: $160,000.
2. Additional external smart contract auditing services and security expenses. We expect to conduct additional audits when expanding the product cross-chain and with the addition of adding support for the upcoming Uniswap V4. We expect to conduct 3 audits in total at an estimated cost of $25k each. Estimated budget: $75,000