Incredible first day.
The biggest thing we've gained isn't the numbers.
It's the community that's formed around Steak and the people who believe in the vision.
Thank you to everyone who's been testing, staking, launching, giving feedback, and helping us improve.
We're excited for what's ahead and can't wait to ship the next wave of updates and features.
Steak Bootstrap applications are now open.
https://t.co/YYqMrR41lj
Every approved launch will come with token allocations reserved for $STEAK holders.
Hold at least 5M $STEAK and you'll be eligible to receive 1-2M tokens from each Bootstrap project.
Keep them.
Trade them.
Stake them.
Introducing Steak Bootstrap ๐ฅฉ
A new initiative designed to help utility-focused projects launch with distribution, incentives, and an existing community from day one.
Selected projects will receive:
โข A launch funded by Steak
โข A built-in staking pool funded with 100M tokens
โข An additional 100M tokens allocated to eligible $STEAK holders (5M+ $STEAK)
This creates immediate utility for the project, rewards long-term $STEAK holders, and helps new builders gain exposure without requiring a large launch budget.
If you're building a real product, tool, game, platform, or utility on Solana, we'd love to hear from you.
Applications open soon.
If you've tried the Steak mobile app, we'd really appreciate your feedback.
Whether it's a bug report, feature request, UX suggestion, or something that feels off, let us know.
We're working on finalizing the app before submitting it to the App Store and Google Play, and every piece of feedback helps.
eSteak (Earn) voting is now live. ๐ฅฉ
https://t.co/HA9UTl8RXo
We've built a voting page where the community can decide which token gets added to the next eSteak pool.
For those who missed it:
eSteak allows $STEAK holders to earn rewards from multiple projects while using the same $STEAK balance.
Since launch, we've seen a number of attempts to attack, exploit, and stress test the platform.
That's expected.
What many people don't see is that Steak wasn't built overnight.
The platform has been tested internally for weeks, vulnerabilities have been patched, edge cases have been addressed, and security has been a priority from day one.
We'll continue improving every day, but we're confident in what we've built.
We're planning to fund a new eSteak pool every day.
Exclusively for projects launched through Steak.
$STEAK holders won't need to choose one pool or another.
The same $STEAK balance can earn rewards from multiple tokens simultaneously.
Introducing eSteak (Earn) ๐ฅฉ
We'll be launching and funding staking pools for community-selected tokens.
Your $STEAK won't just earn from the $STEAK pool anymore.
You'll be able to allocate it across eSteak pools and earn rewards from multiple projects, all while holding the same $STEAK balance.
For the first eSteak pool, comment the token you'd like to see added. ๐
Over 300M tokens have already been bought back from 28 launches and added directly to their staking pools.
That's an unbelievable stat for day one.
Every launch on https://t.co/gt7tp1b5xX should seriously consider starting with a staking pool.
Giving people a reason to hold changes everything.
Most platforms, even https://t.co/gt7tp1b5xX, Printr, and others, force you to give up token ownership or creator rewards to use their features.
Steak is built differently.
You can keep ownership.
You can keep creator rewards.
You can create a limited staking pool with any reward supply you choose.
Perfect for existing tokens, older projects, and utility tokens that must retain ownership.
Introducing eSteak (Earn) ๐ฅฉ
We'll be launching and funding staking pools for community-selected tokens.
Your $STEAK won't just earn from the $STEAK pool anymore.
You'll be able to allocate it across eSteak pools and earn rewards from multiple projects, all while holding the same $STEAK balance.
For the first eSteak pool, comment the token you'd like to see added. ๐
We launched a few hours ago.
Already seeing:
โข 100M+ $STEAK staked
โข 100+ stakers
โข 50+ token launches
Early days, but it's exciting to watch projects start launching with staking built in from the start.
A new launch meta is approaching.
The next Steak update will introduce the platform fee system.
Current planned fees:
โข Token Creation โ 0.5 SOL
โข Limited Staking Pool Creation โ 0.75 SOL
โข Reward Claims โ 10% of the claimed value (paid in SOL)
โข Auto-Compounding โ 15% of auto-compounded rewards (paid in SOL)
50% of all platform fees will be used to buy back $STEAK and refill the $STEAK staking pool.