
A weird, eclectic, statistical, polymath, cryptocurrency consultant, @dexfinance Mod, @EmpMoneyBSC
New South Wales, Australia
Joined November 2012
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glagrover.wallet retweeted
🚀 Accumulation Vault Update
The first 3.5 days are in, and the results are exactly what we hoped to see.
LSTEAK has remained inside the accumulator band, so the vaults haven't needed to deploy a single USDC on the buy side yet. Instead, they've simply been capturing premium arbitrage opportunities as they appear.
So far, the sell side alone has generated approximately **0.54%** for the current cycle.
For a 7-day vault, that's equivalent to roughly **56% annualized ROI**—without touching the buy-side capital.
This is exactly why the vaults were built this way:
✅ Premiums generate returns.
✅ Buy-side capital stays ready for discounted opportunities.
✅ No forced trading just to stay active.
✅ The system patiently waits for the highest-value trades.
The goal isn't to trade more—it's to trade better.
🌐 Website: LSteak.app
💬 Telegram: t.me/LSteak_Protocol
🚀 While the market enjoys a relief rally, LSteak has been quietly proving exactly what it was built to do.
Throughout one of the toughest market environments we've seen this year, LSteak has continued to trade close to its Backing Per Token (BPT), demonstrating the strength of a fully-backed, non-inflationary protocol designed for long-term sustainability.
Meanwhile, the Accumulation Vaults have been doing exactly what they were built for...
✅ Buying below BPT
✅ Capturing premium arbitrage
✅ Automatically converting into xl-LSTEAK
✅ No emissions
✅ No inflation
✅ No fake yield
✅ Just automated market inefficiencies being captured.
📈 Current annualized ROI (based on today's BPT) is approximately **206%**.
That's not coming from token emissions or unsustainable rewards... it's being generated through the vault's automated trading strategy.
⏳ The current vault closes for deposits in around **2 days**.
Once the deposit window closes, you'll need to wait for the next trading cycle to open.
If you've been watching from the sidelines waiting for the right time, this may be your last opportunity to join this cycle before trading begins.
🌐 Website: lsteak.app
💬 Telegram: t.me/LSteak_Protocol
Backed by value.
Powered by yield.
Built for the long haul.
glagrover.wallet retweeted
Since LSteak officially launched on April 7:
• ETH has fallen ~18.5%
• Multiple significant sells have been absorbed, including ~$5k, ~$7k and ~$9k exits
• BPT has continued to increase
• xl-LSteak RR has increased from 1.000 to 1.027
• The Accumulation Vaults have launched successfully and entered their first live trading cycle
• LSteak's market price has recovered above its effective launch valuation
One of the more interesting data points was a ~$9,000 sell.
A traditional flat LP with similar liquidity would have been expected to see roughly 30% price impact.
Actual impact: ~3.3%.
Even more interesting, if ETH returned to its launch price today:
• LP value would be ~1.8% higher than launch
• LSteak market price would be above launch valuation
• BPT would be higher
• RR would be higher
Markets don't test protocols when everything is going up.
They test them when liquidity is under pressure, holders exit, and conditions are hostile.
So far, LSteak has continued to grow backing, grow RR, launch new products, absorb sell pressure, and operate exactly as designed.
🌐 LSteak.app
💬 Telegram: t.me/Lsteak_Protocol
Still early. Still building. The system is proving itself one market cycle at a time.
glagrover.wallet retweeted
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.
glagrover.wallet retweeted
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.
glagrover.wallet retweeted
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
glagrover.wallet retweeted
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
glagrover.wallet retweeted
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
glagrover.wallet retweeted
AMA ANNOUNCEMENT 📢 STREETGEMCALLS X @Lsteak_Protocol
Join us Monday, May 25, live on Telegram for an engaging session with @Lsteak_Protocol look forward to see you there (DYOR)
📆 Date: March 25 2026
⏰ Time: 10: 00AM UTC
📍 Venue: t.me/streetgemlounge
🎙 Speaker: @Lsteak_Protocol
🎙 Host: Dave(Whale)🐋
🏆 Rewards: $LSTEAK
glagrover.wallet retweeted
We didn’t launch with a simple flat LP.
Most tokens do, and when a large sell hits a flat pool, price gets smashed hard.
We designed the LSteak liquidity stack specifically to help avoid that.
Since launch, the real data has backed it up:
A ~$9K sell moved price by only ~3.3%.
A ~$4.4K sell moved price by 1.31%.
A ~$2.8K sell moved price by 0.98%.
For comparison, a standard pool would have taken around a 33.8% hit from that same ~$9K sell.
So the structure is doing exactly what we built it to do.
Not theory. Not vibes. Real on-chain execution data.
Verify it on-chain.
Website: lsteak.app 🥩
Telegram: t.me/Lsteak_Protocol
glagrover.wallet retweeted
We do not pay yield in tokens we just printed.
A lot of protocols do.
They distribute freshly minted tokens as rewards. Holders sell them. The chart reflects it over time. That cycle is why so many DeFi APRs collapse.
LSteak is built differently.
No new reward emissions. No rebases. No fake yield.
Yield comes from real DeFi revenue through CLP vaults, Bernard Bonds via DexFi, LP fees, and the protocol hedge reserve in ETH, BTC, and xAUT.
The backing per token grows because the protocol earns it.
If yield does not come from somewhere real, it usually comes from your future price.
We chose the other model.
@EmpFusion, @DexFinance, @Plazm_io
Website: lsteak.app 🥩
Telegram: t.me/Lsteak_Protocol
glagrover.wallet retweeted
When the market price is below BPT, new buyers are incentivised to buy from the market instead of minting new supply.
That market buying creates natural pressure back toward BPT. It doesn’t need to close the gap instantly, but the structure keeps applying pressure over time.
Meanwhile, the backing keeps strengthening.
Every epoch.
Every bond yield.
Every xl-LSteak redemption ratio increase.
Discounted LSteak is not just cheap price action. It is discounted backed value, with a system designed to keep pulling market price back toward the value sitting behind it.
Buy through lsteak.app for the best execution 🥩
Part of the "EMP Umbrella"
@EmpFusion, @DexFinance, @Plazm_io
glagrover.wallet retweeted
Three weeks in, and the numbers are starting to speak for themselves.
Backing TVL is now around $140k.
That is roughly $100k more than launch, or about 3.5x our launch backing TVL, and it is up 7.3% in the last 7 days.
Market price is up 5.25% from launch, while BPT backed value is up 6.7%.
With the xl-LSteak multiplier, that becomes roughly 5.29% and 6.97% respectively.
We also absorbed a $9k sell and kept going strong.
Because of our shaped liquidity stack, that sell moved price by 3.16%. On a standard pool, the same sell would have caused around a -33.35% move.
That is exactly why liquidity design matters.
And these sells are not a problem. When someone exits, they get their value, but the backing remains in the system and continues earning yield for those who stay.
The backing is also growing because the protocol is earning.
No new tokens being printed.
No emissions.
No artificial yield.
Just real yield flowing back into the system.
lsteak.app 🥩
@DexFinance @EmpFusion @Plazm_io
glagrover.wallet retweeted
When LSteak’s market price is below BPT, you are buying backed value at a discount.
Think of it like buying a yield generating asset backed by $1 of real value for $0.96.
Market price = what people are paying right now.
Backing Per Token (BPT) = the real backed value behind each LSteak.
Protocol Owned Liquidity (POL)
Right now, you can buy more backed value per dollar than at any point since launch. The backing keeps growing through yield, POL, burns, and xl-LSteak compounding regardless of market price.
Buy at LSteak.app
NFA, but this is exactly the kind of setup long term holders pay attention to 🥩
@EmpFusion @DexFinance @Plazm_io
glagrover.wallet retweeted
LSteak keeps compounding 🥩🔥
From launch, LSTEAK is up around 9.8%, and with the xl-LSteak multiplier that becomes roughly 10.42% for xl holders.
Even bigger… we’re now on the verge of 3x our launch backing TVL.
Still early. Still building. Still getting harder to ignore.
@EmpFusion @DexFinance @Plazm_io
#LSteak #DeFi #Crypto #RealYield #LiquidStaking #Base #ETH #Web3
glagrover.wallet retweeted
📢 Important Update
After extensive testing on a local clone/fork of the Base chain, we’ve made the decision to postpone the launch of xl-PLAZM until after the launch of the xl-LSteak Accumulation Vaults.
Why? Because we want to ensure the supporting structure around LSaaS is in place first so it can operate as efficiently and effectively as possible from day one.
We know delays are frustrating, especially for those holding PLAZM in anticipation of xl-PLAZM, and we do not take that lightly. But we firmly believe it is better to delay and launch with stronger supporting infrastructure than to rush and have the system operate below the standard we expect.
Our focus is simple: build it properly, then launch it properly.
@EmpFusion @DexFinance @Plazm_io
#LSteak #PLAZM #DeFi #Base #Crypto #RealYield
glagrover.wallet retweeted
🚨 LSTEAK is now showing up on Coinbase’s ecosystem pages 🚨
That means it’s even easier for people to discover LSTEAK and learn how to buy it. 🥩🔥
More visibility. More accessibility. More eyes on a fully-backed, non-inflationary liquid staking system built around real yield.
Check it out here 👇
"coinbase.com/en-au/price/lst…"
@EmpFusion @DexFinance @Plazm_io
#LSteak #DeFi #Crypto #Coinbase #RealYield #LiquidStaking #BaseChain #ETH #OnChain #Web3
glagrover.wallet retweeted
📉 The market takes another hit, and yep, because LSteak is still part of the wider crypto market, the $ price has dipped a bit too.
But even with that… you still can’t deny the on-chain numbers. 🥩🔥
LSteak is still outperforming both BTC and ETH since launch.
Blue = LSteak
Orange = ETH
Light blue = BTC
That matters.
Because in weak market conditions, the real question is not “did price move a bit?”
It’s “is it still showing more strength than the market around it?”
And right now, the answer is clearly yes.
It’s still early, and lower dollar prices don’t just mean volatility… they can also mean opportunity.
For anyone who has been watching from the sidelines, or anyone looking to DCA more, this is exactly the kind of moment people usually wish they had taken advantage of later. 👀
@EmpFusion @DexFinance @Plazm_io
#LSteak #DeFi #Crypto #RealYield #LiquidStaking #BTC #ETH #BaseChain #OnChain #DCA





















