The primary market project Stader (SD) led by Coinbase Houbi is coming

in coin •  3 years ago 

Stader is a solution that integrates all types of rights, including traditional rights, liquid rights, derivatives, etc., which can help users discover and choose opportunities. At the same time, the construction of its modular smart contracts can be done through Third parties leverage their components and integrate custom solutions.

At present, Stader has been launched on Terra and is being built on Solana at the same time. Stader also plans to build an API in the future to provide end-to-end equity solutions for trading platforms and mainstream financial technology applications.

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Stader's Financing Agency

On October 7 last year, this project has completed a seed round of financing of US$4 million, which was led by Pantera in the United States, and also participated in Coinbase, solana, NEAR and many other well-known institutions and ecological foundations. cast.

Stader's team introduction

Stader's team includes technical personnel who have been engaged in blockchain for many years, Amitej (CEO, co-founder), Sidhartha (CTO, co-founder), and some traditional technical personnel.

Token Information

The token name of Stader is SD, the total amount is 150 million, reward + agriculture: 36%; public sale: 4%; team and advisors: 17%; ecosystem fund: 11%; DAO fund: 15%; private sale : 17%.

The emergence of tokens is actually to better maintain the development and research and development of the project.

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Stader is building native smart contracts across multiple chains (including Terra, Solana, Ethereum, Fantom, Hedera, Polygon) and building an economic ecosystem to grow and develop solutions such as yield redirection with rewards, liquid staking, Launchpad, games, etc.

Stader project advantages

1. Growing network participation

Stader launched two staking products on Terra: Simplified Staking (Stake Pools) and Liquid Staking (LunaX). These solutions have built huge traction in Terra’s DeFi ecosystem since their launch on November 23, 2021:

14,000+ Unique Wallet Staking

5.5 M Luna Staking

About 1.1 M Luna on LunaX <> Luna LP

35,000+ strong community

2. Flexible Architecture

As the staking technology evolves, the Stader architecture allows flexibility to grow and integrate new features. Scalability is baked into Stader's technical blueprint with a highly interactive smart contract system. Incorporating new strategies or product features will require minor changes to specific standalone contracts.

SD Token Utility

SD tokens have several core utilities in the Stader ecosystem, including preferential delegation, cut insurance, rewards and discounts, governance, and development access to the Stader infrastructure.

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