Hey everyone,
Here’s the July’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.
July’24 SD Rewards budget:
The July’24 budget calls for 90,759 SD (90,438 actual + 0.4% buffer) with the majority of the allocation to Ethereum growth.
A buffer of 321 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 ($0.62).
We request the community to share feedback, if any. You can access the data here.