SD

Stader price

SD
|
4.0/5
CyberScope
4.0
05/24/2024
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USD
USD
$0.72764
-2.02%
1h
24h
1W
1M
1Y
All

Stader price live data

The current price of Stader is $0.72764. Since 00:00 UTC, Stader has decreased by -2.02%. It currently has a circulating supply of 37,652,646 SD and a maximum supply of 150,000,000 SD, giving it a fully diluted market cap of $27.40M. At present, Stader holds the 213 position in market cap rankings. The Stader/USD price is updated in real-time.

Stader price performance in USD

Time periodChange amount%Chg
Today-$0.01500 -2.02%
7 days$0.0073418 +1.01%
30 days-$0.03366 -4.43%
3 months-$0.31196 -30.01%

Stader market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.72364
Last price $0.72764
24h high$0.74584
Heat index ranking
144
Market cap ranking
213
Market cap
$27.40M
Favorited rate
Percentage of users who favorited this asset to all users
0.54%
All-time high
$15.0000
-95.15% (-$14.2724)
Mar 15, 2022 (2 years ago)
All-time low
$0.22480
+223.68% ($0.50284)
Dec 28, 2022 (2 years ago)
ICO date
03/15/2022
ICO price
The price at which this crypto was first traded
$4.0000
Circulating supply
The amount of this crypto that is publicly available in the market
37,652,646 SD
Market cap at circulating supply
Market cap = Circulating supply × Last price
$109.16M

About Stader (SD)

Stader (SD) is a decentralized finance (DeFi) platform focusing on staking services, allowing users to earn passive income by staking various cryptocurrencies. Notably, some projects on Stader enable users to utilize their staked cryptocurrencies by providing alternative tokens. As staking gains widespread popularity among crypto enthusiasts, platforms like Stader have emerged to offer more DeFi options to users.

What is Stader

Stader is a project with the vision of becoming a distribution layer for staking services. Its primary goal is to develop essential staking middleware for various Proof of Stake (PoS) networks, making them accessible to retail users. Additionally, Stader is actively working on creating protocols and products that enhance security, liquidity, decentralization, and governance.

The project is currently building native smart contracts on multiple blockchain networks, including Solana, Ethereum, Fantom, and Polygon. These highly modular smart contracts allow third-party developers to leverage individual components and customize solutions to meet their needs.

The Stader project team

Stader was founded by three co-founders: Dheeraj Borra, Amitej Gajjala, and Sidhartha Doddipalli, who bring extensive experience in engineering and business to the project. Gajjala serves as the CEO and plays a crucial role in StaderDAO, contributing to the project's growth and development.

How does Stader work

Stader is actively developing native smart contracts and an economic ecosystem to support the growth of various solutions within the blockchain space. These solutions include launchpads, yield redirection-style farming, GameFi, liquid staking, and more.

Stader's long-term vision involves building a robust foundation that enables developers and third parties to leverage their platform to build innovative staking applications. The project's native cryptocurrency, SD, powers the platform and its services, facilitating seamless transactions and interactions within the ecosystem.

Stader’s native token: SD

Stader's native token, SD, was launched in March 2022 with a maximum and total supply of 150 million units. The circulating supply is 6.77 percent of the total supply as of June 2023, which translates to approximately 10.14 million tokens.

SD use cases

SD fulfills two primary functions within the ecosystem. Firstly, it acts as a value accrual token. Secondly, SD token holders can participate in governance activities by voting on proposals and decisions that shape the future of Stader's development and operations.

Distribution of SD

SD is distributed as follows:

  • 36 percent: Staking rewards
  • 17 percent: Team and advisors
  • 17 percent: Sold in a private sale
  • 15 percent: Reserved as the decentralized autonomous organization (DAO) fund
  • 11 percent: Ecosystem fund
  • 4 percent: Sold in a public sale

Revolutionizing staking with Stader

Stader holds significant potential within the DeFi sector, as its innovative technology has the capacity to transform the staking landscape. With its current integration into multiple blockchain networks and future plans for further expansion, Stader is poised to make a lasting impact. Looking ahead, the project envisions a future where third-party developers can leverage its Stader Infra technology to create their own staking apps, fostering a decentralized and vibrant staking ecosystem.

SD FAQ

What is Stader?

Stader is a crypto project in the DeFi sector aiming to become a distribution layer for staking across major blockchains. It simplifies staking for retail users, enabling them to earn passive income without complex technical knowledge. Furthermore, Stader envisions empowering third-party developers to utilize its technology to build new staking applications and products. 

What are the benefits of using Stader?

Beyond earning passive income through staking, Stader’s technology enhances security, liquidity, governance, and decentralization, providing a comprehensive and robust staking experience for users.

Where can I buy SD tokens?

Easily buy SD tokens on the OKX TR cryptocurrency platform. OKX TR’s spot trading terminal includes the SD/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for SD with zero fees and no price slippage by using OKX TR Convert.