Introduction to Stader (SD) coin issuance price and quantity

Stader's SD coin, initially priced at $0.20, has performed well since its launch, increasing by over 100% and garnering listings on major exchanges like Binance and Coinbase.

Jan 03, 2025 at 10:59 am

Key Points:

• Stader (SD) had an initial issuance price of $0.20.
• A total of 100 million SD tokens were issued at launch.
• Stader raised $4 million in its seed funding round.
• The project's mainnet was launched in May 2022.
• SD is listed on several cryptocurrency exchanges, including Binance, Coinbase, and FTX.

Stader (SD) Coin Issuance Price and Quantity

Stader (SD) is a decentralized liquid staking protocol that allows users to stake their crypto assets without losing liquidity. The project was founded in 2021 by a team of experienced blockchain developers. Stader conducted a seed funding round in early 2022, raising $4 million from several venture capital firms.

The Stader (SD) coin was issued at a price of $0.20 during the seed funding round. A total of 100 million SD tokens were issued, with 20% of the tokens allocated to the project's team and advisors. The remaining 80% of the tokens were sold to investors during the seed funding round.

Stader (SD) Coin Performance

The Stader (SD) coin has performed well since its launch in May 2022. The token has increased in value by over 100% since its initial issuance price. SD has also been listed on several major cryptocurrency exchanges, including Binance, Coinbase, and FTX.

Stader (SD) Use Cases

The Stader (SD) coin can be used for a variety of purposes, including:

• Staking: SD tokens can be staked to earn rewards.
• Governance: SD tokens can be used to vote on governance proposals.
• Fees: SD tokens can be used to pay transaction fees on the Stader platform.

Stader (SD) Future Outlook

The future outlook for the Stader (SD) coin is positive. The project has a strong team of developers and advisors, and it has already secured partnerships with several major cryptocurrency companies. The Stader platform is also well-positioned to benefit from the growing demand for decentralized staking solutions.

FAQs

• What is the total supply of SD tokens?

  The total supply of SD tokens is 100 million.

• What is the current price of SD?

  The current price of SD is $0.40.

• Where can I buy SD tokens?

  SD tokens can be purchased on several cryptocurrency exchanges, including Binance, Coinbase, and FTX.

Conclusion

The Stader (SD) coin is a promising new asset in the cryptocurrency market. The project has a strong team, a well-designed platform, and a positive outlook for the future. Investors who are looking for a decentralized staking solution should consider adding SD to their portfolio.