Stader is launc...
Stader is launching on mainnet and it’s time for you to farm our SD tokens. Here’s how.
At Stader, we believe in the fairness of opportunity. Our main goal is to reimagine staking while serving the community. That’s why we want to celebrate our launch on Nov 20th with Community Farming.
We have up to 6 million SD tokens (4% of our total supply) up for grabs. All of this at an exclusive initial price and in a fair environment. No private farming and no limits.
What we’ll cover here:
Starting November 20th, you will be able to farm SD tokens by staking LUNA on Stader. 2% SD tokens are set aside for this and the farming lasts for 2 months. Initial options include:
For our early adopters, we are giving a chance to farm SD tokens at an exclusive price of $0.43, which is close to the private round price. SD price increases by 30% for every additional 2.2 million Luna TVL across both products. Luna and stables staking rewards will be swapped with SD tokens at the above price.
By end-Nov, auto-compounded liquid staking is also coming to Stader. This means you will be able to:
1% SD rewards are reserved for LP providers for the first 2 months. An additional 1% will be released based on the demand.
Earned LUNA will be sent to Stader’s Treasure Chest
Stader is completely free of cost during the first 2 months of Community Farming.
Post community farming, Stader fee structure will be as below:
Early Withdrawal fees:
We would like you to stake with Stader for the long term to enjoy the complete benefits of Stader. To incentivize long-term stakers, there is a small penalty.
Fees for the liquid tokens will be released soon.
Participating in farming is a great way to farm SD tokens and own a piece of the Stader platform.
Not so long ago, we raised a private round from the best funds and blockchains including TFL, Pantera, Coinbase, Hypersphere, Ledger Prime, True Ventures, Jump Capital, Solana Foundation, and many others. Most have committed to staking LUNA on Stader pools.
We also conducted 2 extensive audits that reassured the security of our smart contracts. On top of that, we will also be selecting the best validators across the staking pools to maximize returns and minimize slashing.
To celebrate the community farming, we are rewarding the early adopters with 10% of Stakerverse NFTs, completely free of charge (70% of these will be distributed to the top farmers by staked LUNA and the rest will be randomly distributed).
From now on, you will be able to amplify your staking yields with:
Ready to say hello to the future of staking?
To get more detailed information about Stader and Tokenomics, please read our Litepaper here:
To get Community Farming updates:
Join Telegram community here
*Updated on Jan 22nd, 11 AM PT.
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