# SD Token

### What is SD?

The Stader SD token is the native utility and governance token of Stader. It is an ERC-20 token with a capped supply of 120 million, designed to play a pivotal role in the Stader ecosystem by providing utility, incentives, and governance rights to its holders. In essence, the SD token acts as a key driver within the Stader ecosystem, connecting users, validators, and the platform itself.

### SD Token Distribution[​](https://www.staderlabs.com/docs-v1/sd/introduction#sd-token-distribution) <a href="#sd-token-distribution" id="sd-token-distribution"></a>

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