🥩Welcome to Shiba steak

Overview

What is Shiba Steak Protocol

The Steak protocol is designed to operate on the Shibarium network and offers a liquid staking solution that enables stakers of PoS tokens to maintain liquidity of their assets while staking.

What is LSD anyway?

Liquid staking protocols offer a unique advantage of generating passive income through staking while simultaneously maintaining the liquidity of your assets.

Traditionally, staked funds are locked up and cannot be accessed until the end of the lock-up period. However, with liquid staking, you receive a derivative token that returns your liquidity.

This derivative token enables you to explore other opportunities in the DeFi ecosystem while still earning passive income from staking. In other words, liquid staking protocols allow you to enjoy the benefits of staking and access the liquidity of your assets simultaneously.

Quick links

💡The $Steak initiative🐕Outlook