Stader (SD)$0.68
10.49% (24H)
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Stader current price is $0.68 with a marketcap of $39.18 M. Its price is 10.49% up in last 24 hours.
What is Stader?Stader is a non-custodial, multi-chain liquid staking platform that enables seamless access to the best staking and most rewarding defi opportunities across Proof-of-Stake (PoS) networks like Etherum, Polygon, BNB and Hedera conveniently. It is trusted by 85k+ stakers ranging from retail users to exchanges, custodians and institutions looking to earn rewards by staking their crypto assets.What is SD token?SD is Stader's governance token. It's an ERC-20 token with a max supply of 120 million tokens across 23k+ holders. The token holds multiple utilities:SD Utility Pool: First-of-its-kind utility that rewards SD holders for contributing to ETH decentralization by delegating to the Pool Liquidity Mining: Provide SD liquidity across DEXs to get SD incentives (if elected by governance) Node Operator bond: Every permissionless node operator working with ETHx needs to bond min 0.4 ETH worth of SD per validator.Governance and voting: SD can be used to vote on Stader protocol upgrades, rewards policies, validator selection criteria, protocol expansion and more.
