Summary
To increase transparency in SD token treasury operations, this post lays down the following:
- Background on SD Tokens
- List of SD Wallets
- Report on SD Balances held in Stader wallets
- Background
Stader (SD) token is the native governance and value accrual token for Stader. It is an ERC-20 token in limited supply capped at 150Mn tokens.
The token distribution is as below with more details available.
- List of SD Wallets
The below is the list of key SD wallets held by Stader. All the wallets are 2 on 3 multisigs with independent members. Rewards, DAO and Ecosystem wallets will be moved to 3 on 5 composed of Stader Core team and Governance Council members via a forum proposal:
Wallet Name | Wallet Address |
---|---|
Rewards | 0xae7104b8efed6cf969369a1972e97f1891d9bece |
Team & Advisors | 0x1536dbbf79fb529cd14ecae2d7b0fb5c88642487 |
Private Sale | 0x25759ff48688c34794810bcb93cf369dd0e41e09 |
DAO Fund | 0xa3fa7b42f489d64e43c702729c8a39a8ad6bf8fc |
Ecosystem Fund | 0xbd868af4a895fab12aaa872cbd79208fcd58a64d |
- Report on SD Balances held in Stader wallets
Below is a summary of the SD being held in Stader Wallets and across exchanges which amount to 92.80% (As on 22nd Nov’22) of total SD supply:
Wallet | % | As on 22Nov |
---|---|---|
Treasury | 92.80% | 139,194,670 |
Rewards | 32.39% | 48,582,175 |
Team & Advisors | 17.00% | 25,499,800 |
Private Sale | 15.90% | 23,850,432 |
DAO Fund | 15.00% | 22,500,000 |
Ecosystem Fund | 10.70% | 16,048,971 |
All other wallets | 1.81% | 2,710,901 |
Source: $0.48 | Stader (SD) Token Tracker | Etherscan
*Majority of private sale participants have agreed to delay vesting to Jan’23 in lieu of Terra 1.0 incident.
**Ecosystem fund tokens used for market making and providing LPs across chains.
Do share in the comments on what else you would like to see on SD token related information.