What is $STEAK Pool?
We are Algorands deflationary HODL asset!
We run a fully funded ALGO node that earns node rewards to buy back and burn $STEAK
We provide community staking to our node that increases the rewards we receive. A large percentage of which are used to burn STEAK!
We provide liquidity to STEAK / BTC to protect investors!
Hodlers are rewarded with STEAK by staking STEAK
We are here to grow STEAK and Algorand by providing deflationary tokenomics to STEAK investors. We are a long term value asset!
STEAK status report:
Total burned: 1,894,404.15 (11.14% of supply)
Circulating: 15,105,595.85
Pool stake fueling burns: 220,512 ALGO
Burn address: BNFIRE… (unspendable)
Supply only goes one direction.
Another burn just hit the fire.
Amount: 1,031.29 STEAK
Lifetime burned: 1,895,435.44 (11.14% of supply)
Powered by Steak Pool's validator economy.
https://t.co/NOkrAu3D7i
BTC: 21M cap, halvings every 4 years.
BNB: 138M today, 100M target via quarterly burns.
HYPE: 97% of fees → buyback-burn.
STEAK: 17M cap, 11.13% already burned, validator commission funds the next.
Different scales. Same direction.
STEAK status report:
Total burned: 1,893,335.8 (11.13% of supply)
Circulating: 15,106,664.2
Pool stake fueling burns: 220,444 ALGO
Burn address: BNFIRE… (unspendable)
Supply only goes one direction.
Strategy publishes every BTC purchase: date, amount, average price. That radical transparency is what built the SoV narrative.
Steak Pool publishes every burn the same way.
If you can't show the receipt, it didn't happen.
https://t.co/NOkrAu3D7i
STEAK status report:
Total burned: 1,892,299.22 (11.13% of supply)
Circulating: 15,107,700.78
Pool stake fueling burns: 220,343 ALGO
Burn address: BNFIRE… (unspendable)
Supply only goes one direction.
"Digital gold" works because gold is scarce.
Bitcoin is scarcer than gold. Supply is fixed.
STEAK is scarcer than Bitcoin. Supply only goes down.
Three tokens. Three levels of scarcity. Same monetary thesis.
STEAK status report:
Total burned: 1,891,307.08 (11.12% of supply)
Circulating: 15,108,692.92
Pool stake fueling burns: 220,268 ALGO
Burn address: BNFIRE… (unspendable)
Supply only goes one direction.
Strategy publishes every BTC purchase: date, amount, average price. That radical transparency is what built the SoV narrative.
Steak Pool publishes every burn the same way.
If you can't show the receipt, it didn't happen.
https://t.co/NOkrAu3D7i
STEAK status report:
Total burned: 1,890,328.72 (11.11% of supply)
Circulating: 15,109,671.28
Pool stake fueling burns: 220,259 ALGO
Burn address: BNFIRE… (unspendable)
Supply only goes one direction.
Another burn just hit the fire.
Amount: 978.35 STEAK
Lifetime burned: 1,891,307.08 (11.12% of supply)
Powered by Steak Pool's validator economy.
https://t.co/NOkrAu3D7i
"Digital gold" works because gold is scarce.
Bitcoin is scarcer than gold. Supply is fixed.
STEAK is scarcer than Bitcoin. Supply only goes down.
Three tokens. Three levels of scarcity. Same monetary thesis.
STEAK status report:
Total burned: 1,889,308 (11.11% of supply)
Circulating: 15,110,692
Pool stake fueling burns: 220,225 ALGO
Burn address: BNFIRE… (unspendable)
Supply only goes one direction.
Steak Pool just forwarded 1,020.72 STEAK to the BNFIRE address.
That wallet has no private key. The tokens sit there forever.
11.11% of supply now gone.
https://t.co/NOkrAu3D7i
BTC: 21M cap, halvings every 4 years.
BNB: 138M today, 100M target via quarterly burns.
HYPE: 97% of fees → buyback-burn.
STEAK: 17M cap, 11.10% already burned, validator commission funds the next.
Different scales. Same direction.
STEAK status report:
Total burned: 1,888,252.76 (11.10% of supply)
Circulating: 15,111,747.24
Pool stake fueling burns: 220,182 ALGO
Burn address: BNFIRE… (unspendable)
Supply only goes one direction.
Steak Pool just forwarded 1,055.24 STEAK to the BNFIRE address.
That wallet has no private key. The tokens sit there forever.
11.11% of supply now gone.
https://t.co/NOkrAu3D7i