Hey everyone,
Here’s the June’23 budget for the Stader ecosystem. This post shall give a summarized breakdown of estimated SD emissions across supported chains and respective platforms.
June’23 SD Rewards budget:
The June’23 budget calls for 277,109 SD (actual 259,504 SD + 7% buffer). **
A buffer of 17,605 SD is kept to account for unexpected price fluctuations over the month.
Please note- the SD token price used for the calculation is a 7-day vWAP ($0.83). The budget in USD is $230,000.
We request the community to share feedback, if any. You can access the data here.
** BNB Money market spends will be used for 3 months
** FTM spends are yet to be finalized and will be updated once final