SPSteak Pool
Proof of Steak.

Burn the supply.
Eat the gains.

$STEAK is a deflationary store-of-value token on Algorand. We run validator nodes, collect commission in ALGO, and use every cent to buy STEAK off the open market and burn it. Forever. The supply only goes down. Every burn is on-chain. Every claim is verifiable.

STEAK Burned
1.87M
10.97% of supply, in the BNFIRE wallet, never coming back
Circulating
15.13M
of 17,000,000 minted (immutable)
Total Supply
17M
Fixed forever — clawback / freeze nuked
How it works

Three steps. No magic.

01

We run Algorand validators

Steak Pool operates Réti validator #13. Anyone can delegate ALGO to us — you keep your stake, you earn yield, the network gets more secure.

02

Stakers earn ALGO + STEAK

You earn standard Algorand staking yield in ALGO. On top of that, our staker rewards wallet drips STEAK to delegators — so you compound exposure to the token while the supply shrinks underneath you.

03

The commission burns STEAK forever

Our validator commission buys STEAK on Tinyman and forwards it to the canonical Algorand burn address (BNFIRE…) — provably unspendable. Every transaction is on-chain. Every burn is publicly verifiable.

Why it's different

Most tokens promise. We prove.

Verifiable, not vibes

Every burn is a real Algorand transaction. The dashboard you see pulls live from the Algonode indexer — we can't fudge it. You don't have to trust us.

Immutable supply

17,000,000 STEAK at launch. Forever. Clawback, freeze, and the ability to mint more were all set to the zero address. The supply can only shrink.

Real revenue, real burns

Most 'deflationary' tokens burn from a treasury until the treasury runs out. We burn from validator commission — every block, for as long as Algorand exists.

Stake your ALGO with us. We'll burn STEAK with the commission.

You earn standard Algorand staking yield. Our cut never touches our pocket — it disappears into the reserve as burned $STEAK. Every block. Forever.

Asset provenance
ASA 2595619475 · STEAK · 6 decimals · 17M supply
clawback / freeze / new-mint authority: zero address (immutable)