Steer Protocol
Protocol Overview:
Steer is a decentralized abstraction layer that provides a SDK ontop any protocol and chain, empowering creation of data-driven apps and an app store where users can install them and configure them with no-code. One of the apps built by the Steer team is Smart Pools which features the largest automated LP strategy library in the industry and support for multi-position strategies that optimize liquidity management on DEXs. Currently, Steer Smart Pools ranks among the top multi-chain automated liquidity managers, operating across 25 chains and integrated with 30+ DEXs. With over 1950+ markets managed and 750+ unique tokens supported, our strategies cater to a wide array of token needs, including blue-chip, long-tail, LST, LRT, pegged, and stable tokens
Key features of Steer Protocol include:
- A modular infrastructure that allows building on top of any web3 protocol using any kind of data.
- Off-chain computing capabilities for complex & dynamic operations and data processing.
- An open data marketplace where anyone can publish, use, and access data sets.
- Smart Pools for automated liquidity management using cutting-edge multi-position strategy infrastructure, and is fully permissionless.
- Support for building various DeFi applications, including liquidity management, options, lending, perpetuals, and more.
Steer Protocol aims to streamline the development, deployment, and scaling of data-rich web3 applications, ensuring efficiency comparable to web2 applications. Our target audience includes developers, quants, protocols, and market-makers looking to build sophisticated, data-driven applications in the DeFi space.
MS Receiver Address:
mode: 0xDC462aBc805411eca41521481B1a4aBF92D1b887
op: 0xDC462aBc805411eca41521481B1a4aBF92D1b887
Distribution Confirmation:
We confirm that we will use Merkl to distribute the incentives received.
Incentive Impact Statement:
We have run numerous incentive programs over the last year have that have been successful in growing the user base of Steer’s Smart Pools by 10s of thousands of unique accounts. The adoption of Smart Pools has allowed the Steer team to expand our network of integration partners and develop additional LP use cases, like Smart Bonds which drives immediate value to LPs, while offering long term liquidity for protocols and chains. We believe that this incentive season provides an opportunity to catalyze Steer’s growth on Mode and drive adoption of Steer’s products.
Eligibility Criteria:
https://app.steer.finance/mode
Additional Information:
Partnerships:
Steer works with 30+ AMMs across 25+ chains, on Mode we support LPs with automated liquidity management through integrations with Kim, SupSwap, SwapMode, PoolShark. Across these we have vaults running on 70+ pools, with new vaults being spun up regularly.
Community Engagement:
We’ll run Twitter campaigns, AMAs with collaborating protocols, and supporting educating users about automated liquidity management and Steer’s other offerings.
Contact Information:
sam@steer.finance