Stader
Crypto Overview
Project Overview
Stader Labs is a non-custodial smart contract-based staking platform that aims to simplify and optimize staking across multiple blockchain networks. The SD token serves as the platform's governance and utility token, allowing holders to participate in protocol decisions and earn rewards from platform fees.
Intended Utility
The primary purpose of SD token is to facilitate decentralized governance of the Stader protocol and distribute platform revenues to stakeholders. Token holders can stake SD to earn a share of protocol fees and participate in governance decisions.
Actual Utility & Adoption
Stader has demonstrated significant real-world adoption, with over $500 million in Total Value Locked (TVL) across multiple blockchain networks including Polygon, BNB Chain, Fantom, and Hedera. The platform actively processes staking operations and has established partnerships with major blockchain projects.
Token Distribution & Founder Alignment
The token distribution shows a relatively balanced allocation: 20% to the team (with 2-year vesting), 25% for ecosystem development, 20% for community incentives, 15% for strategic sale, and 20% for future development. The vesting schedules and lock-up periods appear reasonable and designed to align long-term interests.
Development Activity
The project maintains active development with regular protocol updates, security audits, and ecosystem expansion. The team consistently delivers on their roadmap and maintains transparent communication about development progress.
Crypto Impact
To assign a comfort level investing in Stader from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Stader.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.