Total Value Locked$705.17
TVL by Chain
Robinhood Chain$705.17
Key Metrics
Staked$1,923.32
Protocol Information
STEEL is an on-chain grid-mining lottery + veSTEEL staking protocol on Robinhood Chain. Each round, players deploy ETH onto a 5x5 grid; a provably-fair drand beacon picks the winning square, whose backers split the round's ETH pot and mine a fixed STEEL emission. A 1-in-625 roll triggers a motherlode (STEEL + ETH). STEEL can be locked into veSTEEL to earn a pro-rata share of protocol ETH revenue.
Category:Gamified Mining
Methodology
TVL: tvl = native ETH held by the mine (auto-deploy escrow, pending winnings, motherlode). staking = STEEL locked in the veSTEEL staking contractView code on GitHubCompetitors
Frequently Asked Questions
What is STEEL?
STEEL is an on-chain grid-mining lottery + veSTEEL staking protocol on Robinhood Chain. Each round, players deploy ETH onto a 5x5 grid; a provably-fair drand beacon picks the winning square, whose backers split the round's ETH pot and mine a fixed STEEL emission. A 1-in-625 roll triggers a motherlode (STEEL + ETH). STEEL can be locked into veSTEEL to earn a pro-rata share of protocol ETH revenue.
What is STEEL's TVL?
STEEL currently has $705.17 in total value locked.
What chains does STEEL operate on?
STEEL operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.
How does STEEL's TVL compare to similar protocols?
Among Gamified Mining protocols tracked by DefiLlama, STEEL ranks #5 by TVL. The category holds $143,752.59 across 30 protocols, and STEEL accounts for 0.5% of that total. Other leading protocols include SLVR, Offshore Protocol, and nu11.fun.