SteakBank

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SteakBank

What is SteakBank

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Detailed Mechanism

Farms

Risk

Native Assets Overview

TOKENOMICS

SteakBank

What is SteakBank ?

Vision
“To maximize the utility of underlying token by enhancing liquidity and unlocking the latent value of all staked assets. Fostering a more vibrant, low cost and efficient DeFi ecosystem that embraces all different demographics of participants, be it early participants or newcomers.”
Introduction
SteakBank is a multi-asset staking platform for users to participate in validating the respective chain, while at the same time freeing the value locked in it. This is done by issuing a BEP20 liquid derivative token representing the staked token's value on the Binance Smart Chain.

Liquid token will be represented with an "L" infront of their usual ticker (i.e BNB -> LBNB)

SteakBank Token will be represented with the ticker symbol "SBF"
Features
Main Features
The main feature allows users to use these 🌊
 liquid tokens to gain 💸 extra yields % by using these Liquid tokens to participate in liquidity pools or generate interest in the lending/borrowing markets. 
​💧
 Liquify them, and keep them in 🏦
 Vault and Farms 🏕
 
Sub-Features
On top of maximizing yields, different assets will have other different features that benefit the stakers of different chains.
BNB Specific features
i.e. for BNB staking:
Dynamic yield maximizing across multiple validators
Early unlock from staking
No loss of stake even if the validator is jailed.
The project will start with BNB for a start, before expanding into other assets.
Taste the sweet sizzling juicy yields on top of the cooked "steak" !!


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