Stader Stader SD
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Price
0.547848 USD
% Change
6.38%
Market Cap
30.7M USD
Volume
3.21M USD
Circulating Supply
56.3M
131% from all time low
5407% to all time high
1282% from all time low
245% to all time high
38% are in circulation
Circulating Supply
56,329,601.2237664
Max Supply
150,000,000

Stader to Hold Token Burn on June 25th

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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
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!
SD Price Changes After Event Publication
1.45%
1 day
4.62%
2 days
19.75%
Now (Added 10 months ago)
The event is about to begin
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Added by Alika
May 29 12:05 (UTC)
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