LSteak quickly becoming a pioneer in the space backed by @EmpFusion who have been reinventing defi. Only legit protocol.

🔥 LSteak & xl-LSteak Utility Just Leveled Up 🔥 LSteak and xl-LSteak are now accepted as collateral on Based Loans. Instead of selling your position when you need liquidity, you can: 💵 Borrow USDC 📈 Keep your LSteak exposure 🚀 Stay exposed to BPT growth and future protocol expansion And it's not just for borrowers. 💰 Supply USDC and earn interest from loans backed by LSteak and xl-LSteak collateral. With a maximum 50% LTV, every loan starts backed by collateral worth roughly 2x the borrowed amount. This is what real DeFi utility looks like. ✅ Hold ✅ Borrow ✅ Lend ✅ Stay Exposed The market may be bleeding, but LSteak keeps adding utility, demand, and new ways for capital to work. 👉 based.loans

ETH is down -32.8%. BTC is down -22.8%. Yet since the start of May, LSteak has actually gained 1.56% against ETH while continuing to compound, build backing, and route ~79% annualized yield back into the system. This is what real strength looks like during a market bloodbath. Most people look at the USD chart and panic. I get it. The wider market has been getting hammered. ETH is down hard, BTC is down hard, liquidations are everywhere, and social media is full of people calling for lower and lower prices. But this is exactly why I built LSteak the way I did. Markets like this are where you find out whether a protocol is actually generating value or simply relying on market hype. While the market has been selling off, LSteak has been hovering around parity, strengthening against the asset it is paired with, and continuously compounding underneath the surface. Right now the YieldDrip is routing roughly ~79% annualized yield back into the system. That yield isn't just sitting there. It's being used to: • Buy Bernard Bonds • Accumulate BTC, ETH & Gold-style hedge exposure • Increase protocol backing • Grow xl-LSteak redemption value • Strengthen POL • Continue building the foundation The interesting thing about markets like this is that most people only focus on price. Price matters. But protocol health matters too. When ETH is dumping, a token paired against ETH will naturally feel pressure in USD terms. What I pay attention to is whether the system underneath is getting weaker or stronger. Right now the answer is stronger. Backing continues to grow. Yield continues to drip. xl-LSteak continues to compound. The protocol continues accumulating assets at discounted prices. I can't predict where the market goes tomorrow. Nobody can. But I do know that when conditions are this bad, the projects that keep building value underneath the surface are usually the ones that come out the other side strongest. The market is panicking. LSteak is compounding. The market is emotional. The backing is mathematical. #LSteak #DeFi #RealYield #Base #ETH #BTC

I’ve been in crypto since 2017. COVID crash. Luna. FTX. Bulls. Bears. Plenty of “crypto is dead” moments. This market is ugly, no denying that. But I’m calm for one reason: LSteak is doing exactly what it was designed to do. Back at parity. Compounding hard. Buying ~6 Bonds/day. Accumulating BTC, ETH, and gold-style hedge exposure while prices are weak. Since this May dump started, LSTEAK/ETH is actually up around 2%. USD charts look rough because the whole market is rough. But under the hood: Backing is building. Yield is dripping. xl-LSteak is compounding. The market is bleeding. LSteak’s foundation is getting stronger. NFA.

Millionaires are made in bear markets because bear markets expose what is real. The last few weeks have been brutal across crypto. ETH has been hit hard, BTC has been weak, and most charts look ugly. But LSteak was designed for exactly this kind of environment. When the market gets emotional, LSteak does not rely on emissions, hype, or constant new buyers to pretend value is being created. It keeps doing the boring thing that matters: Backing keeps building. Yield keeps dripping. xl-LSteak keeps compounding. The system keeps reinforcing itself. Every LSteak is backed by real protocol reserves, with value routed through DexFi/Bernard Bonds, hedge reserves, POL growth, burns, and xl-LSteak RR growth. Right now, our YieldDrip is annualizing around ~79% system-level APR flowing through the protocol. That is not a direct holder APR promise. It means real yield is being pushed through the LSteak engine while the wider market is weak. This is the difference between a token hoping for better conditions and a protocol using bad conditions to build stronger foundations. Market cycles are temporary. The value accumulated, the backing built, the yield routed, and the positions strengthened during ugly markets are what matter when momentum returns. Patience matters. Structure matters more. Website: lsteak.app Telegram: t.me/Lsteak_Protocol NFA.

While the wider market has been getting smashed since the start of May, LSteak has quietly been showing real relative strength 🥩 From the chart: LSTEAK/ETH: 1.41% BTC/USD: -16.68% ETH/USD: -22.84% That matters. LSteak is paired against ETH, so if ETH dumps hard, the USD chart naturally feels pressure. But against ETH itself, LSteak is up. That is what strength during bad market conditions actually looks like. And underneath the chart, the foundation keeps building. Our YieldDrip is currently annualizing around ~79% system-level APR flowing back through the protocol. Not a direct holder APR promise — system-level value flow. That yield is being routed into the engine across BPT growth, xl-LSteak RR, POL, burns, and treasury. On top of that, the xl-LSteak Accumulation Vault audit is now completed. The report is being written up, and all issues found during audit have been fixed. These vaults are designed to systematically accumulate LSteak when market price trades under backed value, then convert into xl-LSteak so users also benefit from RR growth. Market falling. Yield still dripping. BPT still building. xl-LSteak still compounding. Vaults getting ready. That is the difference between price noise and protocol strength. Website: lsteak.app Telegram: t.me/Lsteak_Protocol NFA.

Just did the numbers on LSteak’s YieldDrip vs Backing TVL… The drip engine is currently annualizing at roughly ~73% system-level APR flowing back through the protocol 🥩 Important distinction: That is not “everyone gets 73% APR.” That is the rate value is being pushed into the LSteak system across: • BPT growth • xl-LSteak RR • POL growth • Burns • Treasury No emissions. No printed reward token. No fake yield loop. Just real yield being routed through the machine. This is why LSteak is not just a token with a chart. It is a live compounding system. Website: lsteak.app Telegram: t.me/Lsteak_Protocol NFA.

People looking only at LSteak/USD are missing the May signal. ETH/USD dumped ~11.96% across May. But LSTEAK/WETH is up ~1.30%. That means LSteak strengthened against the asset it trades against, even while ETH dragged the USD chart down. That matters. A weak token usually bleeds harder than its pair during market stress. LSteak did the opposite. At the same time, LSteak is trading around 5% under BPT while backing density continues building. Market price is emotion. BPT is the anchor. LSTEAK/WETH shows relative strength. The USD chart shows ETH weakness. The ETH pair shows LSteak strength. The BPT shows the protocol mechanics still working. That is the signal 🥩 Website: lsteak.app Telegram: t.me/Lsteak_Protocol NFA.

The previous post wouldn't be complete without this 🫡 For their hard work, my flowers go to 👇 @Altcoinist @100xDarren @KAPOTHEGOAT01 @chrisgivesaf @techy0x @basedsnipez @turtleonchain @Chainriffs @Shake51_ @EzBruv @deepseektetra @Eroc111111 @JasjahoNakamoto @LyvoCrypto @Studious_Crypto @TheCryptoKazi @0xmikedee @iruletrenches @0xalwaysonchain @LoDeFi31 @Snotty_eth @MedbdyLLC @696_eth @KienNguyen_NFT @OnlyHades_ @Whale_AI_net @altmasterroshi @BioStone_chad @thebasedfrogx @Ethanh141 @realcyprian @Cypherpunkgod1 @NobleIrons7de @icount_stars @AltcoinMiyagi @ZenRacc00n @alchemistaster @medonchain @MedraTheMain @MrDegenWolf @defidojo_ @me8_x1782 @ggdotxyz @BasedBeast2 @spennypretzel @0xLeendude @0x7_anderson @ProlabCH @ClarkleberryFin @0xkarmaFi Appreciate the energy you bring to the Base trenches. Keep bagworking and pushing hard together! P.S. If you are serious about investing or trading on Base, you should be following at least some of the chads mentioned.

ETH finished May down hard. BTC finished May down. But LSteak strengthened against ETH, while xl-LSteak is extrapolating around ~30% market-realisable APR from on-chain data. That is the part people should not scroll past 🥩 May was rough for the wider market. ETH opened around $2,257 and closed around $2,014. That is roughly -10.8%. BTC also closed down around -3.7%. But LSteak strengthened against ETH. LSteak opened May around 0.0004475 ETH and closed around 0.0004525 ETH. That is roughly 1.1% in ETH terms while ETH itself was bleeding. Now add xl-LSteak. Current xl-LSteak RR is 1.016420, and the current RR growth rate is around 0.31% per week. Using LSteak’s ETH market price movement current xl-LSteak RR growth, xl-LSteak is extrapolating around ~30% simple APR. That is the market-realisable side. But the backed-value side is even more interesting. Current LSteak BPT is around $0.9485. BPT × xl-LSteak RR gives an xl-backed value of roughly $0.9641. Compared to current market price, that is around 5.8% higher. So there are two different numbers to understand: ~30% APR = current market-realisable extrapolated return from ETH-price movement RR growth. ~70% APR equivalent = potential annualised backed-value gap if the market catches up to BPT × RR over a similar 30-day window. Not the same thing. One is what the market has actually been showing. The other is the current backed-value opportunity sitting underneath price. And the important part: This is not vibes. Market price, BPT, RR, backing, and the ETH pair movement are all on-chain verifiable. That is the whole LSteak thesis: Market price moves. Backing is verifiable. xl-LSteak keeps compounding. Discount windows close. Website: lsteak.app Telegram: t.me/Lsteak_Protocol

The market has been rough MTD, but LSteak has still held up better than both BTC and ETH. 📊 Month to date: LSteak market price in ETH: 0.87% BTC: -6.83% ETH: -13.83% That’s not just narrative — that’s on-chain proof that the LSteak structure is doing what it was designed to do. And the deeper picture is even stronger: LSteak backed value is sitting around ~2.5% better again than market price performance, while xl-LSteak adds roughly another ~1.5% through RR growth. So total backed xl-LSteak value is up around ~4.87% MTD, while the broader market is bleeding. Market price shows what people are paying today. Backed value shows what the system is actually building underneath.

You don't have to get rekt to get liquid. $REKT is now accepted collateral on Based Loans. Borrow USDC. Fixed term. No liquidations! Stay based. Stay unrekt. based.loans/borrow/rekt

LSteak x Based Loans is now LIVE 🥩 LSTEAK and xl-LSTEAK can now be used as collateral for USDC loans on Base through Monstro’s Based Loans platform. That means you can now: • Lend USDC and accept LSTEAK / xl-LSTEAK as collateral • Borrow USDC using LSTEAK or xl-LSTEAK as collateral • Unlock liquidity without immediately selling your position • Stay exposed to LSteak’s backed-value growth and xl-LSteak’s redemption ratio growth This is a major utility upgrade for the LSteak ecosystem. LSTEAK and xl-LSTEAK are no longer just backed yield assets — they are now usable collateral inside Base DeFi. Market price moves. Backing keeps building. Utility keeps expanding. Based Loans: based.loans/ LSteak: lsteak.app Monstro Discord: discord.gg/monstrodefi Telegram: t.me/Lsteak_Protocol

You staked for the long game. Now your staked position has somewhere to go. $LSTEAK and $XL-STEAK are both live on Based Loans as accepted collateral. Borrow USDC. Fixed term. No liquidations. based.loans

LSteak MTD is outperforming both BTC and ETH 🥩 From the chart: LSteak: 1.27% cbBTC: -0.21% ETH: -6.89% But the more important part is underneath the chart. The ETH price of LSteak is also sitting around its monthly high, while backed value is performing roughly 5% better than the market price. That means the market price still has not fully caught up to the value being built underneath each LSteak. In normal crypto, price is usually the whole story. With LSteak, price is only one layer. The backed value keeps building through real yield, bond backing, hedge exposure, POL growth and burns — and right now the data is showing that structure is doing exactly what it was designed to do. Market price moves. Backing keeps building. The gap is the opportunity. Website: lsteak.app Telegram: t.me/Lsteak_Protocol

One of our community members, Ryan — who I do the fortnightly LSteak AMAs with — has put together a tutorial showing how to buy LSteak and stake it into xl-LSteak 🥩 Nothing overcomplicated, just a simple step-by-step walk-through so people can see how it actually works instead of trying to figure it out blind. LSteak is the backed asset. xl-LSteak is the staked version that grows over time through the redemption ratio. If you’ve been watching, asking questions, or waiting to see the process in action, this should help. Website: lsteak.app Telegram: t.me/Lsteak_Protocol

Big LSteak integration announcement 🥩 LSTEAK and xl-LSTEAK are being integrated into Monstro’s Based Loans, enabling both assets to be used as collateral for USDC loans on Base. Expected to go live Wednesday PST. This is a major utility upgrade for LSteak holders. Instead of only holding or selling, users will be able to borrow USDC against their LSTEAK / xl-LSTEAK while keeping exposure to the underlying system. That means more capital efficiency, more holder utility, and another reason to accumulate and hold. LSTEAK and xl-LSTEAK are moving from backed yield assets into usable DeFi collateral. Market price moves. Backing keeps building. Utility keeps expanding. 🥩 Based Loans: based.loans/ Monstro Discord: discord.gg/monstrodefi LSteak: lsteak.app Telegram: t.me/Lsteak_Protocol

Just dropped my review on LSteak Protocol after testing the platform myself. Interesting liquid staking project focused on real yield mechanics, liquidity strategies, and long-term growth. Definitely one to watch simonnewcombe.com/lsteak-pro… #LSteak #DeFi #LiquidStaking #BaseChain

Would you scroll past $1.01 of backed value selling for ~$0.93? That is the current LSteak setup — and it is exactly where people often misread the signal. Market price is around $0.9279. BPT is around $1.0149. That means LSTEAK is trading roughly 8.5% below the verifiable backed value behind each token. But here is the important bit: This gap is not showing LSteak weakness. It is showing wider market weakness being exposed against LSteak’s structural backing. Most tokens fall and all you have left is hope. LSteak falls below BPT and you can compare the market price directly against the backing underneath it. That is the difference. Backing TVL: ~$133,242 7d backing growth: 10.5% Backing mix: 89% Bonds / 11% Hedge Bond Yield APY: 62.53% Emissions: 0 Rebases: 0 xl-LSteak ratio: 1.0133 And the 24h flow does not look like a mass exit either: 157 buys vs 9 sells $364 buy volume vs $96 sell volume 10 buyers vs 3 sellers So what is actually happening? The market is fearful. Price has moved below backed value. But the system data is still showing what it was built to show: Backing remains visible. Yield remains real. BPT remains the value anchor. xl-LSteak keeps compounding. The discount becomes measurable. This is why BPT matters. It turns market fear into something you can actually quantify. Everyone says “buy the fear” until fear shows up as an on-chain backed-value discount. NFA, but this is exactly the kind of gap long-term holders watch for. Market price moves. Backing is verifiable. Discount windows close. 🥩 Website: lsteak.app Telegram: t.me/Lsteak_Protocol

Going live tonight with Degen Passive Income 🔥 Bring the hard questions, bring the FUD, bring the “how does this actually work?” energy. We’ll be talking LSteak, BPT, real yield, xl-LSteak, backing, risks, and why the system was designed to keep building even when the market gets ugly. 7:00 PM CST 🎥 youtube.com/watch?v=-8FPaCAm… Website: lsteak.app Telegram: t.me/Lsteak_Protocol