# How to use LSteak

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### Before you buy

* LSTEAK is **not** pegged.
* There is **no normal-operation redemption** into backing.
* Your exit is via market liquidity. Slippage will vary.

### Where to get LSTEAK

You can buy LSTEAK on **Uniswap**.

But the best default is buying/minting via the **dApp**. The routing engine always selects the best route (market buy vs mint) at execution time.

* Chain: **Base**
* Token contract (LSTEAK): `0x39Cd7417080695f4e49b64F6F243b7804a0ea8EF`
* Primary pair: **LSTEAK / ETH**
* Pair contract: `0xC67BfB30Fed057AE16627457E71B1E29753B2F80`

### How to exit

1. Sell LSTEAK via the available pools.
2. Expect variable slippage.
3. There is no protocol “cash out” to backing.

### xl-LSTEAK

* xl-LSTEAK is the optional long-term accumulation / exit layer.
* It redeems for LSTEAK at the current RR.

Minting and redeeming xl-LSTEAK is best done via the **dApp**.

Redemption is contract-only.

There is no `xl-LSTEAK/LSTEAK` pool-based redemption route.

* Pricing pair: **Redemption on Dapp**
* xl contract: `0x032963337b837415209Ca53A46946a73cceB53aa`
* How to mint xl-LSTEAK: **via the dApp (recommended)**
* How to redeem xl-LSTEAK: **via the dApp (recommended)**

### Published protocol addresses

Use these addresses to verify the live LSteak deployment on **Base**.

* LSTEAK token: `0x39Cd7417080695f4e49b64F6F243b7804a0ea8EF`
* LSTEAK / ETH liquidity pair: `0xC67BfB30Fed057AE16627457E71B1E29753B2F80`
* xl-LSTEAK token: `0x032963337b837415209Ca53A46946a73cceB53aa`
* Hedge Reserve contract: `0x4a237e0589B57F61eDE8ad623DE05B9eD57C1C33`
* Gold (xAUT) holdings wallet: `0xeadecca3e777b836e637d41c479aaac3531a533d`
* Liquidity Stack wallet: `0xc69e6ab1f4ac5be6d03f8df75d0f6fe501c7856b`

### Common gotchas

* Don’t confuse **BPT** (internal accounting) with market price.
* Don’t size positions assuming you can redeem backing.
* Don’t assume liquidity will always be deep.

Next:

* [Security & audits](/lsteak-protocol-docs/overview/security-and-audits.md)
* [Verification checklist](/lsteak-protocol-docs/overview/verification-checklist.md)


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