SD Tokens Emissions Budget August’24

[Divyansh]

Hey everyone,

Here’s the August’24 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.

August’24 SD Rewards budget:

The August’24 budget calls for 125,829 SD (125,644 actual + 0.15% buffer) with the majority of allocation to Ethereum growth.

A buffer of 186 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 ($0.55).

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

[FranklinDAO]

Where is this money even going

[Amit]

Hi. These are rewards paid for liquidity and incentivising usages across Ethx, Maticx and BNBx.

[FranklinDAO]

Yes but to what protocols?

Can you share access to the file with alex@molecularlabs.io

I’d like to understand how these are being allocated to maximize the utilization of ETHx!

[Amit]

Sure. Will ask the team to give details and access. Majority of SD for ETHx is spent on LP pools across LP pools on Curve, Balancer and encourage ETHx deposits on Aave for leverage looping.

[knight_mayr]

Here’s the broad breakup amongst protocols @FranklinDAO. Opened up the access to the file too

Feel free to reach out for any further clarifications