<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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<aside> <img src="/icons/user_green.svg" alt="/icons/user_green.svg" width="40px" /> Delegate SD to SD Utility Pool
Users can delegate SD to the SD Utility Pool and get rewarded. The SD delegated can be utilized by the ETHx Node Operators to run validators with an ETH-only exposure.
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<aside> <img src="/icons/user_green.svg" alt="/icons/user_green.svg" width="40px" /> Quarterly Buybacks
Stader executes quarterly buybacks utilizing 20% of the revenue generated in the respective quarters
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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" /> 18K+ SD Holders
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<aside> <img src="/icons/hashtag_green.svg" alt="/icons/hashtag_green.svg" width="40px" /> $650M+ Staked
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SD Holders have grown at the rate of 15**% QoQ**
<aside> <img src="/icons/chart-line_green.svg" alt="/icons/chart-line_green.svg" width="40px" /> Annual Rewards on SD delegation upto 14**%**
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<aside> <img src="/icons/groups_green.svg" alt="/icons/groups_green.svg" width="40px" /> 150K+ 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:
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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)
