SD Token Utility

Utility
Description

Governance and voting

Participate in various governance-related aspects of the Stader protocol, including decisions about rewards, validator selection criteria, protocol expansion, and more.

SD Liquidity

Provide SD liquidity on DEXs and earn rewards in return.

ETHx Permissionless node operator

Bond just 0.4 ETH worth of SD tokens, along with the required 4 ETH bond, to become an ETHx Node Operator in the Stader ecosystem.

SD Utility Pool delegation

Delegate your SD tokens to the SD Utility Pool and earn delegation rewards for providing SD liquidity to ETHx Permissionless node operators.

ETHx Permissioned Pool slashing cover

Delegators of the SD Utility Pool receive a 1% commission from the ETHx Permissioned Pool staking rewards in exchange for providing slashing cover to ETHx Permissioned Node Operators.

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