What is Stader?

Stader is a non-custodial, multi-chain liquid staking platform founded in 2021. It facilitates access to staking and decentralized finance opportunities on various Proof-of-Stake networks, including Ethereum, Polygon, BNB, and Hedera. The platform serves a diverse user base, including retail stakers, exchanges, custodians, and institutions.

The SD token is Stader's governance token, an ERC-20 token with a maximum supply of 120 million and more than 23,000 holders. The token offers various utilities, such as the SD Utility Pool which rewards holders for contributing to Ethereum decentralization, liquidity mining incentives for providing SD liquidity, and bonding requirements for node operators. Additionally, SD token holders can participate in governance activities, voting on protocol upgrades, selection criteria for validators, and other policy decisions.