# 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>

<figure><img src="/files/J5H1DRIcscvl3TL2QQVP" alt=""><figcaption></figcaption></figure>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://stader.gitbook.io/stader/sd-token.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.