Stadernomics: Non-stop Rewards for SD HODLers
Dear SD HODLers,
Thank you for making Stader a great success. Stader has given the exclusive opportunity for Lunatics to farm SD tokens starting at 43 cents. Most of the community farmers have made 10x on their farmed SD tokens.
Today, we are introducing several innovative features to power SD tokens even further. For those of you eagerly waiting for SD tokenomics v2, here are a few updates. The team has been actively building version 2 of SD tokenomics and it’s coming in a few weeks. Read on for further details.
Stader’s solutions first launched on Terra towards end-November 2021. We have received significant traction in the Terra DeFi ecosystem.
Within the next few weeks, we will be launching Stader’s liquid staking solutions across several blockchains including Fantom, Hedera, Solana, Polygon etc. We expect to be launching our solutions on at least 10+ blockchains by the end of Dec’22.
SD is the native governance token of the Stader platform. Protocol fees are accrued to SD token stakers.
SD tokens have 4 major utilities:
In v2, we will create an enhanced and superior utility for SD tokens. We will incentivize stakers to stake more Luna and lock-up SD tokens to receive higher share of SD tokens and protocol fees.
Most of the incentives for the SD staking will be directly received from the protocol fees generated by Stader platform and non-inflationary. We will be implementing SD Tokenomics in 3 phases.
For further details regarding SD token distribution, vesting schedules, etc., refer to our Litepaper.
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