Stader Stader SD
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Price
0.929598 USD
% Change
3.72%
Market Cap
49.2M USD
Volume
4.98M USD
Circulating Supply
52.5M
293% from all time low
3145% to all time high
2109% from all time low
116% to all time high
35% are in circulation
Circulating Supply
52,582,693.1595488
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
36.17%
Now (Added 6 months ago)
The event is about to begin
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