SD Token Emissions Budget - June 2023

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


Update on Actual June 2023 SD Token Emissions-

Actual June SD Token spends are at 97,925 SD.

Breakdown of spends across networks