Stader

Purpose and Utility

Stader Labs is a non-custodial smart contract-based staking platform that aims to simplify and democratize 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 receive rewards from the platform's revenue.

Business Model

The platform facilitates liquid staking, allowing users to stake their assets while maintaining liquidity through derivative tokens. Stader operates across multiple chains including Polygon, Fantom, Terra, and Hedera. The protocol generates revenue through staking fees and distributes a portion to SD token holders.

Real-World Adoption

Stader has achieved significant adoption with over $500 million in Total Value Locked (TVL) across various blockchain networks. The platform has established partnerships with major blockchain networks and continues to expand its services.

Development Activity

The project maintains active development with regular updates to its protocol and expansion to new blockchain networks. The team consistently releases technical updates and improvements to the staking infrastructure.

Token Distribution

The token distribution includes allocations for the team, advisors, and early investors with appropriate vesting schedules to ensure long-term alignment. The project maintains transparency regarding token allocations and vesting periods.