<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/0e5be39f-c03d-4230-a6c6-100f9cdd9234/IconLight_background.svg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/0e5be39f-c03d-4230-a6c6-100f9cdd9234/IconLight_background.svg" width="40px" /> Stader (SD) is the utility and governance token of the Stader ecosystem. It is an ERC-20 token with a total supply of 120Mn tokens.
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<aside> <img src="/icons/database_green.svg" alt="/icons/database_green.svg" width="40px" /> Earn SD Rewards
You can earn SD token as rewards by providing liquidity to Stader LSTs or by locking SD tokens as collateral as an ETHx Node Operator!
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<aside> <img src="/icons/library_green.svg" alt="/icons/library_green.svg" width="40px" /> Participate in Governance
By owning SD tokens, you can participate in the governance of the Stader DAO, cast votes on important decisions, and be eligible for rewards!
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<aside> <img src="/icons/user_green.svg" alt="/icons/user_green.svg" width="40px" /> Become an ETHx Node Operator
Bond just 0.4 ETH worth of SD tokens ****and become a Node Operator in the Stader ecosystem!
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Learn more about SD with our dune dashboards ***here.***
<aside> <img src="/icons/sharing_green.svg" alt="/icons/sharing_green.svg" width="40px" /> 23K+ SD Holders
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<aside> <img src="/icons/hashtag_green.svg" alt="/icons/hashtag_green.svg" width="40px" /> $125M+ Staked
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SD Holders have grown at the rate of 65% YoY
<aside> <img src="/icons/chart-line_green.svg" alt="/icons/chart-line_green.svg" width="40px" /> Annual Rewards upto 50%
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<aside> <img src="/icons/groups_green.svg" alt="/icons/groups_green.svg" width="40px" /> 85K+ Users
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/11420f2b-b53f-4ed2-a3fd-039a475e4ea1/defillama.jpeg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/11420f2b-b53f-4ed2-a3fd-039a475e4ea1/defillama.jpeg" width="40px" /> DefiLlama
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/b4dfe5b2-f6a0-4ec8-a963-20e5245f0451/CMC.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/b4dfe5b2-f6a0-4ec8-a963-20e5245f0451/CMC.png" width="40px" /> CoinMarketCap
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/8ebc87b7-59aa-4a7f-b0f2-3f07ad97db45/cgecko.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/8ebc87b7-59aa-4a7f-b0f2-3f07ad97db45/cgecko.png" width="40px" /> CoinGecko
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<aside> <img src="/icons/database_green.svg" alt="/icons/database_green.svg" width="40px" /> Tokenomics
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Distribution across shareholders:
Learn more about Stader Token Release Schedule [***here.***](<https://docs.google.com/spreadsheets/d/1NMPyKqHZhQqyB6CVMKhIz9uALm5v55L8yyBYhEq7jLE/edit#gid=521437194>)
The Ecosystem and DAO funds are allocated for providing liquidity to the SD token in DEXs and are designed to remain outside circulation. Only a small portion of these funds has been utilized, and the remaining portion will not enter circulation unless approved through on-chain governance by the DAO.
<aside> <img src="/icons/shopping-cart_green.svg" alt="/icons/shopping-cart_green.svg" width="40px" /> SD Markets
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You can purchase SD tokens from various Decentralized Exchanges (DEXs) or Centralized Exchanges (CEXs)
Centralized Exchanges (CEXs):
<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/85fc1759-5182-47df-8948-4df5c49a95fe/OKX.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/85fc1759-5182-47df-8948-4df5c49a95fe/OKX.png" width="40px" /> OKX
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/37cb2c14-d7a5-4f99-8310-bc386d8396ce/bingx.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/37cb2c14-d7a5-4f99-8310-bc386d8396ce/bingx.png" width="40px" /> BingX
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/000a4cec-8298-4e8b-86a6-675e38880c21/Bitget.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/000a4cec-8298-4e8b-86a6-675e38880c21/Bitget.png" width="40px" /> Bitget
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/95b1dd98-4856-4beb-84e3-e9c51ec8d9de/Gate.io.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/95b1dd98-4856-4beb-84e3-e9c51ec8d9de/Gate.io.png" width="40px" /> Gate.io
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Decentralized Exchanges (DEXs):
<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/fbf70b56-a97d-4718-bdd8-9590cb44ece5/Uniswap_V3.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/fbf70b56-a97d-4718-bdd8-9590cb44ece5/Uniswap_V3.png" width="40px" /> Uniswap V3 (Ethereum)
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/3bfede3b-5f4b-42a5-835d-ee3f6bbe60f0/Balancer_V2.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/3bfede3b-5f4b-42a5-835d-ee3f6bbe60f0/Balancer_V2.png" width="40px" /> Balancer (Ethereum)
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/9e46e314-a768-43f1-ad07-831ef477802a/Bybit.jpeg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/9e46e314-a768-43f1-ad07-831ef477802a/Bybit.jpeg" width="40px" /> Bybit
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/29f44cc0-536b-46ad-9d30-f60218eb2079/BIT.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/29f44cc0-536b-46ad-9d30-f60218eb2079/BIT.png" width="40px" /> BIT
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/f27a7473-1ae8-4a8d-b7d9-c7f02856a325/KuCoin.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/f27a7473-1ae8-4a8d-b7d9-c7f02856a325/KuCoin.png" width="40px" /> KuCoin
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/3ff404ec-ca53-460a-9e6d-c114f3ba2c9d/Quickswap.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/3ff404ec-ca53-460a-9e6d-c114f3ba2c9d/Quickswap.png" width="40px" /> Quickswap (Polygon)
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/3bfede3b-5f4b-42a5-835d-ee3f6bbe60f0/Balancer_V2.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/3bfede3b-5f4b-42a5-835d-ee3f6bbe60f0/Balancer_V2.png" width="40px" /> Balancer (Polygon)
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/934430ce-5325-4df0-8d33-a1a4800e21b1/HTX.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/934430ce-5325-4df0-8d33-a1a4800e21b1/HTX.png" width="40px" /> HTX
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/8b2db7a1-8648-485a-84d1-c03af1c9e20d/Crypto.com.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/8b2db7a1-8648-485a-84d1-c03af1c9e20d/Crypto.com.png" width="40px" /> Crypto.com
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/f8aa9454-e202-4739-865c-2f2ec40603c5/LATOKEN.png" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/f8aa9454-e202-4739-865c-2f2ec40603c5/LATOKEN.png" width="40px" /> LATOKEN
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<aside> <img src="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/b369113f-b749-4d81-a9ce-f45dd1d2fcea/thena.jpeg" alt="https://prod-files-secure.s3.us-west-2.amazonaws.com/158e6602-060e-41dd-9df5-ab8f6fd2adc4/b369113f-b749-4d81-a9ce-f45dd1d2fcea/thena.jpeg" width="40px" /> Thena (BNB)
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<aside> <img src="/icons/token_green.svg" alt="/icons/token_green.svg" width="40px" /> Earn Rewards on your SD
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