SD Token: Distribution & Vesting Details

Dear Stader Fam,

Finally, the SD token launch is here! We are incredibly excited to arrive at this event, and we could never be here without your mad support. Below you will find all the vital details you need to have in mind:

The distribution of Stader tokens has been planned to incentivize the users and key stakeholders to actively participate in the network. Team and private sale participants have very long vesting schedules to align long-term incentives across. Read on for further details.

• About SD Token
• Stader Token Distribution & Vesting
• 1-year Circulating Supply

About SD Tokens

Stader (SD) token is the native governance token for Stader protocol. SD token is a native ERC-20 token. All CEXs will list SD as an ERC-20 token.

Anyone can bridge it to Terra via Wormhole. The SD token on Terra is whSD.

SD token will be critical for successful functioning of the Stader platform i.e. for key governance decisions, validator selection and exit criteria etc. A portion of the protocol revenue will be distributed to SD token stakers.

SD Token Distribution & Vesting

The total supply of Stader tokens will be limited to 150 million.

The distribution of Stader tokens has been planned to incentivize the users and key stakeholders to actively participate in the network while also reserving a suitable portion of Stader tokens to incentivize third parties to build on the Stader platform.

Below table highlights the distribution and vesting of SD tokens:

Value Accrual to SD Token

Stader charges a % of rewards as fees and the fees is the key revenue source for Stader platform. The fees charged will be around 3%-10% of the rewards based on type of solution (if elected by governance). A portion of the protocol fees will be paid to SD token stakers.

Private and Strategic Sale

Several top global funds have participated in Stader’s private and strategic sale. At Stader, we are honored to have such amazing support.

Thanks to all the investors, institutions and blockchain foundations who’ve set us on the path to become the staking ecosystem that’ll make staking mainstream and create 1B stakers in the coming years.