Steamm is an automated market maker (AMM) that uses unused funds to earn extra returns by lending them through Suilend protocol.They have recently launched STEAMM Beta and users can test out their platform. This means they could potentially reward users in the future with a token airdrop! Here is our Steamm token airdrop guide.
Check out our step by step guide
What is Steamm?
STEAMM is a Superfluid Automated Market Maker (AMM) that optimizes idle liquidity by depositing it into Suilend for additional yield. It currently supports constant pools, which use a formula similar to Uniswap V2, and offers trading pairs like SUI-USDC and wBTC-SUI with varying fee tiers. A 20% protocol fee is applied to swaps, with the remaining 80% distributed to liquidity providers.
How to get the Steamm token airdrop?
Time needed: 5 minutes
Here is a guide on how to get the potential Steamm token airdrop
- Connect to Steamm
Go to https://steamm.fi/ and connect your wallet. You will need to use a wallet that supports the Sui network.
- Swap assets
Go to the swap section by clicking “Swap” at the top of the page. Swap some USD to Walrus ($WAL) tokens.
- Add liquidity
Click “Pools” and choose a pool to add tokens.
- Earn points
Depositing tokens into certain liqudity pools in step 3 above allows you to earn points. Earn more points to move up the leaderboard!
Angela Wang
Angela loves cryptocurrency, technology that improves our lives...and food. Anything that merges these worlds together is even better.