Follow
Show Coin Info
Price
0.622052 USD
% Change
19.31%
Market Cap
37.6M USD
Volume
19.1M USD
Circulating Supply
60.6M
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
8.88%
Now (Added 1 year ago)
The event is about to begin
0
D
0
H
0
M
0
S
A
May 29 12:05 (UTC)
✕
✕