Earn yield. Burn STEAK. Same transaction.
Steak Pool operates Réti validator #13. When you delegate ALGO, three things happen: (1) you earn standard Algorand consensus rewards in ALGO; (2) you receive direct STEAK rewards from our distribution wallet; (3) our validator commission buys and burns more STEAK. One delegation, three value streams.
How much STEAK will I earn?
599 STEAK is distributed every day, split among delegators by share of pool stake. The pool total below is live from the Réti contract on-chain — edit it to model future pool sizes, or leave it as-is for today's number.
Plus: standard Algorand staking yield in ALGO from the Réti contract, paid every epoch. Plus: every other delegator who joins our pool increases the burn rate of the STEAK you're holding. Three streams, one delegation.
How to stake
- 01 Open our Réti pool dashboard.
- 02 Connect Pera, Defly, or any Algorand wallet.
- 03 Choose how much ALGO to delegate. (Minimum is set by the pool — check the dashboard for the current value.)
- 04 Confirm the transaction. Rewards accrue every epoch automatically.
The math, in plain words
Algorand staking pays roughly 5–10% APY in ALGO, depending on network participation and bonus rewards from the Foundation. You receive your share automatically — that is stream one.
Stream two is fixed at the protocol level: 599 STEAK per dayis distributed from our staker rewards wallet to delegators, weighted by each delegator's share of the pool's total ALGO. Bigger stake, bigger slice. The 599/day rate does not depend on pool size, so it gets diluted as more ALGO joins — early stakers in the pool capture a larger share per unit of ALGO.
Stream three is supply burn. Our validator commission converts to STEAK on Tinyman and ends up in the BNFIRE burn wallet. The bigger the pool grows, the larger the commission, the more STEAK gets burned. So even as STEAK rewards per delegator dilute, the per-token value of every STEAK you hold compounds upward.