Steakbank’s Community Sale Launch

Published on: 29.04.2021
Steakbank’s Community Sale Launch

Steakbank introduced Official Community Sale Campaign to win $SBF tokens.

Users who do not have enough capital to provide LBNB/BNB into the liquidity pool can participate and win lottery tickets, by joining the Publicity campaign and spreading our message. Users also have the flexibility to just provide LBNB/BNB liquidity into the LP Pool, and receive lottery tokens. Users who contributed to both efforts, will have more lottery tokens and therefore have higher chances of securing the winning ticket.

Community Sale Details:

The two ways participants can qualify to receive the lottery tickets are:

  1. Join the Publicity Campaign by spreading our message, via Twitter.
  2. Contributing to the LBNB/BNB Pool Liquidity by staking LBNB and BNB on PancakeSwap pools.

1) Publicity Campaign

A total of 500 winning tickets ($50,000 USD) are being distributed to community members in allocations of $100 per winning ticket. To have a chance to win one of these allocations, community members have to follow a few simple steps:

  1. Retweet this tweet
  2. Follow SteakBank on Twitter — https://twitter.com/SteakBank
  3. Join SteakBank’s Telegram group — https://t.me/steakbank_finance
  4. Fill out this form with your Twitter and Telegram handles, Binance Smart Chain (BSC) address, and e-mail — https://docs.google.com/forms/d/e/1FAIpQLSdKzontxNlCF9fjtz2JBs-Lb46q5jeItXcPMeS5bURhhy2S_g/viewform

If you win one of the 490 allocations, SteakBank will contact you using the email address you left in the form. We reserve the remaining 10 allocations to award active Twitter and Telegram community members, based on the team’s discretion.

2) Contributing LBNB/BNB Pool Liquidity

As for providing liquidity to the LBNB/BNB pools, 500 of the winning tickets will be distributed to the participants providing liquidity to the LBNB/BNB pools. Each winning lottery ticket will allow participants to purchase $200 worth of SBF.

What is SteakBank?

SteakBank is a Binance Smart Chain (BSC) liquid staking platform. It allows derivative tokens to be issued on the BSC blockchain through the BEP20 standard. These representative tokens can then be used for liquidity farming or as collateral for decentralized lending, enabling users to earn multiple income streams from one single asset.

A simple yet powerful project, SteakBank aims to solve the liquidity issue found in the current DeFi sector where liquidity providing, yield farming, LP mining, and lending platforms make users lock up their tokens and make them unable to use them for other purposes like governance voting or layer1 reward distribution.

Steakbank not only benefits token holders and project ecosystems by optimizing capital efficiency but also allows the communities to earn additional income without the need for further token allocation.

By staking BNB and minting LBNB, users will earn validating rewards (rewarded in BNB), and when providing liquidity in LBNB/BNB pools, user will earn another additional yields (rewarded in Steakbanks’ native token, SBF).

📰 INFO:

https://medium.com/steakbank/fire-up-your-grill-your-chance-to-win-sbf-tokens-42769e644222

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