Wagyu VIP Program

What is "Wagyu"?

"Wagyu" is Steaker's VIP loyalty program. The higher NAV in your Steaker account, the higher level you are (and the more benefits you get).

Regular

A1 Wagyu

A2 Wagyu

A3 Wagyu

Minimum Amount required

None30,000 USDⓢ50,000 USDⓢ100,000 USDⓢ

Get a 2% incentive fee rebate as USDⓢ High Rate project expires.

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Eligibility for USDⓢ High Rate project.

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Gain 0.6% APR after 1 year of USDⓢ Flexible project.

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Gain 0.5% APR as USDⓢ Fixed Rate project expires.

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Get a 1% incentive fee rebate as USDⓢ Variable-Rate project expires.

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Regularly participate in Wagyu members' events.

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Priority access to limited-time package.

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Receive member's promotional information regularly.

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A3 Wagyu

Minimum Amount required 100,000 USDⓢ

  • Get a 2% incentive fee rebate as USDⓢ High Rate project expires.
  • Eligibility for USDⓢ High Rate project.
  • Gain 0.6% APR after 1 year of USDⓢ Flexible project.
  • Gain 0.5% APR as USDⓢ Fixed Rate project expires.
  • Get a 1% incentive fee rebate as USDⓢ Variable-Rate project expires.
  • Regularly participate in Wagyu members' events.
  • Priority access to limited-time package.
  • Receive member's promotional information regularly.

A2 Wagyu

Minimum Amount required 50,000 USDⓢ

  • Eligibility for USDⓢ High Rate project.
  • Gain 0.6% APR after 1 year of USDⓢ Flexible project.
  • Gain 0.5% APR as USDⓢ Fixed Rate project expires.
  • Get a 1% incentive fee rebate as USDⓢ Variable-Rate project expires.
  • Regularly participate in Wagyu members' events.
  • Priority access to limited-time package.
  • Receive member's promotional information regularly.

A1 Wagyu

Minimum Amount required 30,000 USDⓢ

  • Get a 1% incentive fee rebate as USDⓢ Variable-Rate project expires.
  • Regularly participate in Wagyu members' events.
  • Priority access to limited-time package.
  • Receive member's promotional information regularly.

Regular

Minimum Amount required None

  • Receive member's promotional information regularly.

Note:

  1. Based on NAV of the member's funds invested in Steaker, the member level is updated once a day.
  2. If the sum of the NAV of the funds in the account and the total for the current application exceeds the threshold for a higher class, the membership class will be upgraded. The upgraded membership benefits will be applied for the current application. For USDⓢ High Rate project, this only applies to class A2 Wagyu and above.
  3. For A1 Wagyu and above levels members, once you redeem your fund and the NAV in your account fails to meet the minimum amount required by your current level, your account will be downgraded the next day.
  4. For A1 Wagyu members, if the NAV in your account fails to meet the minimum amount as required, we will keep your account as A1 wagyu for 30 days. If the NAV still short to the minimum amount after 30 days, your account will be downgraded to Regular.
  5. Steaker has the final interpretation right of Steaker Wagyu VIP Program. It reserves the right to modify, increase, decrease, or delete Steaker Wagyu VIP Program's content. Membership classification shall be handled according to the revised version.
  6. It is strictly forbidden for the user to buy, sell, or transfer accounts. Such activities, if proven, will lead to account freeze.