Earn STEAK (Manual & Auto)(v1)

Stake STEAK, earn STEAK! (Manual, v1)

Staking Factory will offer two STEAK Syrup Pools: Manual STEAK (v1), and Auto-STEAK (v2)

(v1) Manual STEAK requires claiming and re-staking of rewards.

(v1.1) Auto-STEAK will have two staking options: flexible staking or fixed-term staking. Keep reading on to learn more!

Stake Steak, earn STEAK (Auto, v1.1)

What’s the difference between “Flexible” and “Fixed-Term” staking?

With both, you can simply stake your STEAK tokens to earn more STEAK tokens with no deposit fees—both staking options auto-compound STEAK rewards for you. Flexible staking allows users to stake STEAK and earn rewards with the ability to unstake whenever they please. Fixed-term staking allows users to maximize their yield and earn even more STEAK by locking their staked STEAK for a period of time they choose, earning a linearly boosted APY compared to flexible staking.

Flexible staking and fixed-term staking are both part of the same pool to allow users easy migration between the two staking options. Because of this, you can only choose one staking option at a time. More details about the differences are below.

Flexible Staking

Stake your STEAK and forget about it! The STEAK you stake in this Syrup Pool will be automatically reinvested for you.

Unstaking fee

0.1%  if you unstake (withdraw) within 72 hours.
Only applies within 3 days of manually staking.
After 3 days, you can unstake with no fee.
The 3-day timer resets every time you manually stake more STEAK in the pool.
This fee only applies to manual unstaking: it does not apply to automatic compounding.

Performance fee

2%, subtracted automatically from each yield harvest.
For example, if the harvest were 1 STEAK, then 0.02 STEAK would be subtracted as the performance fee.

This is a good thing for STEAK holders because it reduces the overall amount of STEAK tokens in existence, which helps reduce inflation.

Fixed-Term Staking

Stake your STEAK for a fixed amount of time to maximize yields and receive additional benefits! The staked STEAK will be automatically compounded during the entire lock duration.

No performance fees
The longer you lock, the higher the boost applied to the yield! Always offering a higher APY compared to flexible staking!
STEAK rewards are auto-compounded and will unlock, along with your staked STEAK, when your lock duration expires
Once staked in fixed-term staking, you cannot withdraw until the end of your lock duration.

If you have STEAK locked in fixed-term staking

✅ Add more STEAK to lock
✅ Extend lock period
❌ Add STEAK to flexible staking
❌ Harvest rewards
❌ Withdraw before locked term ends

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Stake Steak, earn STEAK (Auto, v1.1)

What’s the difference between “Flexible” and “Fixed-Term” staking?

Flexible Staking

Stake your STEAK and forget about it! The STEAK you stake in this Syrup Pool will be automatically reinvested for you.

Unstaking fee

0.1%  if you unstake (withdraw) within 72 hours.

Only applies within 3 days of manually staking.

After 3 days, you can unstake with no fee.

The 3-day timer resets every time you manually stake more STEAK in the pool.

This fee only applies to manual unstaking: it does not apply to automatic compounding.

Performance fee

2%, subtracted automatically from each yield harvest.

For example, if the harvest were 1 STEAK, then 0.02 STEAK would be subtracted as the performance fee.

This is a good thing for STEAK holders because it reduces the overall amount of STEAK tokens in existence, which helps reduce inflation.

Fixed-Term Staking

Stake your STEAK for a fixed amount of time to maximize yields and receive additional benefits! The staked STEAK will be automatically compounded during the entire lock duration.

No performance fees

The longer you lock, the higher the boost applied to the yield! Always offering a higher APY compared to flexible staking!

STEAK rewards are auto-compounded and will unlock, along with your staked STEAK, when your lock duration expires

Once staked in fixed-term staking, you cannot withdraw until the end of your lock duration.

If you have STEAK locked in fixed-term staking

✅ Add more STEAK to lock

✅ Extend lock period

❌ Add STEAK to flexible staking

❌ Harvest rewards

❌ Withdraw before locked term ends