# STEAKs

&#x20;                                                       <img src="https://2957898154-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MZZjwNEywU2kD8Rzi-F%2F-MZb6RpK55fLufec7sQA%2F-MZb9zm04yMMxMl7Y1I9%2F0-02-0a-ba0869e9d43961676bafece3cdeb33f5d3e3cc1d4a72793eaa783827b1180fc5_c615c38c.jpg?alt=media&#x26;token=b3d1bb32-9db7-42e3-bed7-e1f14eead6de" alt="" data-size="original">

60 pieces of meat per block are reserved for all kind of STEAKs.&#x20;

**Initial STEAKs :**

* STEAK - USDC 40x -----> 50x
* STEAK - WMATIC 20x -----> 30x
* STEAK - USDT 20x -----> 30x
* WETH - USDC 10x ***`4% fee`***
* WBTC - USDC 10x ***`4% fee`***
* DAI - USDT 8x ***`4% fee`***
* DAI - USDC 8x ***`4% fee`***
* USDC - USDT 8x ***`4% fee`***
* WETH - WMATIC 5x ***`4% fee`***
* LINK - USDC 5x ***`4% fee`***
* WMATIC - USDC 5x ***`4% fee`***
* AAVE - USDC 3x ***`4% fee`***

## Controlling STEAK supply

### Why STEAK has no hard cap

There's currently no hard cap on the supply of STEAK token, making it an inflationary token.&#x20;

Community members often point to this as a cause for concern, and while the chefs certainly understand the wish for a hard cap, there's a big reason we don't expect to set one in the near future:

> STEAK's primary function is to incentivize providing liquidity to the exchange. *Without block rewards, there would be much less incentive to provide liquidity (LP fees etc. would remain).*

So what are the other ways STEAK's supply is limited, to counter inflation?&#x20;

### How STEAK supply is reduced without a hard cap

The chefs aim to **making deflation higher than emission** by building deflationary mechanisms into SteakHouse's product&#x73;**.** The goal is for more STEAK to leave circulation than the amount of STEAK that's produced.

#### Reducing block emissions&#x20;

By reducing the amount of STEAK made per block, we slow inflation. But we don't want to do this too frequently, too early, for the same reason we don't want a hard cap: we still need to incentivize people to provide liquidity.

#### Deflationary mechanisms

Regular token `burns` are built into many of SteakHouse's products. SteakHouse protocol have unique burning mechanics. In every single trasaction, the protocol keeps 1% of transaction at burning address where are collecting and burning STEAKs. Yes thats right - more transactions, more to be burned.
