HedgeTrade Introduces Steaks Finance to Provide a New Method for DeFi
HedgeTrade, a self-described “blockchain-driven platform where the world’s best traders share their knowledge,” has introduced a new DeFi token under the Steaks Finance name, according to a press release from the group. Like other DeFi platforms, Steaks is designed to exist in perpetuity on its own, but by integrating with HedgeTrade, we create a closed-loop ecosystem and create a practical application for STEAK tokens.
Steaks Finance plans to provide a genuine use case for these DeFi tokens, meaning users can use them to vote on how the platform develops as well as trade them, among other things. “With Steaks, HedgeTrade is answering the gaps left by other DeFi initiatives — allowing you to earn beyond farming and trading fees which is by integrating with an already viable platform that allows you to earn both STEAK and HEDG tokens in multiple ways,” Waslen continues.
