SD Token Emissions Budget - November 2023

Announcements & Updates
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Hey everyone,

Here’s the November’23 budget for the Stader ecosystem. This post shall give a summarized breakdown of estimated SD emissions for user rewards across supported chains and respective platforms.

November’23 SD Rewards budget:
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The Nov’23 budget calls for 289,864 SD (actual 285,853 SD + 1.4% buffer) with the majority of the allocation to Ethereum growth.

A buffer of 4,011 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 ($0.61).

We request the community to share feedback, if any. You can access the data here

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Great to see rewards in other chains lowering down steadily, and at the same time total MATICx growth is higher than stMATIC, and BNBx is already the top LST in BSC.

Also, what’s the expected SD emissions cap for Ethereum? Should be planned beforehand or emissions can get a little out of hand with the high quantity of possible DeFi protocols asking for bribes to onboard smaller LSTs like ETHx. Everything has to be balanced accordingly.

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