Digital Currency News >SD > SD Token Economics Explained

Related Articles

ViewSDAll Articles
0
SD
0
Step 1: Enter the SD/USDT spot trading page
0
Step 2: Enter the order unit and quantity, then click Buy/Sell

SD Token Economics Explained

2024-08-02 19:48:43


SD is the utility and governance token of the Stader ecosystem. As an ERC-20 token, the total supply of SD tokens is 120 million. SD holders can not only participate in the governance of the ecosystem, but also receive rewards in a variety of ways.


Earn SD Rewards

You can earn SD tokens as rewards by providing liquidity to Stader LST or staking SD tokens as collateral for ETHx node operators. This will not only help enhance the stability of the ecosystem, but also earn you a good return.


Participate in Governance

With SD tokens, you can participate in the governance of the Stader DAO, vote on important decisions, and be eligible for rewards. This means that SD holders have an important voice in the development and management of the ecosystem.


Become an ETHx Node Operator

You can become a node operator in the Stader ecosystem by staking only 0.4 ETH worth of SD tokens. As a node operator, you can not only participate in the maintenance of the blockchain, but also receive additional SD rewards through staking.


SD Holder Status

23K+ SD Holders: There are currently over 23,000 SD holders.

$125M+ Staked: The total amount of funds staked in the Stader ecosystem is over $125 million.

65% Annual Holder Growth: The number of SD holders is growing 65% per year.

Annual Reward Rate Up to 50%: Annual rewards for participating in staking and liquidity provision can be up to 50%.

85K+ Users: The number of users in the Stader ecosystem exceeds 85,000.


SD Token Economics

Token Distribution:

Rewards & Mining: Individual rewards based on various reward programs, determined by governance.

Team & Advisors: 6 month lockup, then linearly vested over 36 months.

Private Sale:

TGE Unlock: 0-5% of the allocation is unlocked at the TGE.

Vesting: Linearly vested over 36 months after the TGE.

DAO Fund: Determined by governance.

Ecosystem Fund: 0.5%-1.5% will be unlocked at TGE, and the rest will be decided by governance.


SD Token Release Schedule


Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT