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            Price
                        0.417815 USD
                                % Change
                         10.93%
 
                            Market Cap
                        
                        
                                27.4M USD
                            
                                Volume
                        5.02M USD
                        
                            Circulating Supply
                        
                        65.8M
                                Stader to Hold Token Burn on June 25th
Stader has announced that a proposal to burn 20% of the total SD supply has been approved with over 99% quorum. The burning of $30 million SD is scheduled to take place on June 25.
 Event date: June 25, 2024    UTC
                What is coin (token) burn?
A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.
                    Stader Labs
@staderlabs
            @staderlabs
                30M $SD burning on june 25! 📆
With over 99% quorum, the proposal to burn 20% of the total $SD supply was passed with positive community feedback.
With this step, the first stage of $SD tokenomics revamp will be complete.
Stay tuned for more!
        With over 99% quorum, the proposal to burn 20% of the total $SD supply was passed with positive community feedback.
With this step, the first stage of $SD tokenomics revamp will be complete.
Stay tuned for more!
      SD Price Changes After Event Publication
                        
                    
                                     1.45%
                                
                                1 day
                            
                                     4.62%
                                
                                2 days
                            
                                     38.80%
                                
                                Now (Added 1 year ago)
                            
                The event is about to begin
            
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                            May 29 12:05 (UTC)
                        
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