Stader Labs Profile picture
Mar 14 7 tweets 2 min read
Stader's $SD token launch is only 24 hours away...

Want to know how you can claim your $SD tokens once the $SD token goes LIVE?

Here are the 3 steps to claiming your $SD tokens:👇👇
To claim your $SD tokens to an ERC-20 Ethereum wallet (like Metamask):

Step 1: Connect your ERC-20 Ethereum wallet
Step 3: Hit 'Claim'
Step 3: Click on 'Withdraw to Wallet' to confirm

Next:

How to claim your tokens to a Terra wallet?
To collect $SD tokens in your CW-20 Terra wallet (like Terra Station):

Step 1: Connect your CW-20 Terra wallet
Step 2: Hit 'Claim'
Step 3: Click on 'Withdraw to Wallet' to confirm

Please note that Stader tokens on Terra are named $whSD.

Who can claim $SD tokens?
You can claim $SD tokens if you:

- Registered for the CoinList token sale conducted on 25th January 2022

- Participated in the Community farming events for Stake pools, Liquid Staking and provided Liquidity on LP Pools

There's more:
If you registered for the CoinList token sale:

You can claim $SD tokens in ERC-20 Ethereum wallets or CW-20 wallets.

If you farmed $SD tokens in our community farming event:

You can claim your $SD tokens only in CW-20 wallets.

Plus:
You must pay the standard gas fees (on Ethereum and Terra respectively) before you can claim your tokens.

What if you can't see your claimed $SD tokens in Terra wallet?

Simply search $whSD token in your Terrastation wallet and add it manually.

Finally:
$SD token launch is scheduled for 15th March, 2022 at 14:00 UTC.

Don't forget to mark your calendars!

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More from @staderlabs

Mar 15
Missed out on a crucial $SD Token Launch update?

Don't worry. We've got you covered.

Here's everything you need to know...👇 Image
1. To start, $SD tokens will be available on the following 5 CEXes:

@okx
@HuobiGlobal
@gate_io
@bitgetglobal
@Bybit_Official

And, we'll be live on @terraswap_io - Terra DEX.

Crypto users can purchase $SD tokens from these exchanges. Image
2. Wondering how to claim your $SD tokens post-launch?

Here's the only guide you'll need to:

Image
Read 6 tweets
Mar 15
$SD Token Launch is just a few hours away.

Time to unravel its distribution and vesting schedule.

🧵⏬ Image
$SD token's total supply is limited to 150 million.

And they'll be distributed in a way to incentivize users and key stakeholders to participate actively in the network.

Plus, a portion of the tokens will be reserved for 3rd parties to build on the Stader platform.

Vesting?
The team has a total vesting period of 42 months:

- 6 months cliff vesting after token launch
- 36 months linear vesting after that

All private and strategic sale participants have a 36-month long linear vesting.

Here's a quick snapshot of token distribution and vesting: Image
Read 6 tweets
Mar 14
How do you use your $SD tokens after claiming them?

That's the million dollar question, isn't it?

We have the answers.

🧶⏬ Image
$SD tokens have 4 major utilities.

Check out thread to learn more about them...🔽🔽



The only way to unlock these utilities is to stake your $SD tokens.
By staking $SD tokens, you receive two things:

- Staking rewards
- $xSD tokens

Let's quickly look at both of them:

1. Staking rewards:

You'll receive staking rewards for staking your $SD tokens.

The source of these rewards?
Read 9 tweets
Mar 13
Still not sure if $LunaX is for you?

Here's a Beginner's Guide to $LunaX.

By the end of this guide…

You'll be able to squeeze out yield opportunities across Terraverse like a pro.

Let's get started...

🧶⏬
There are plenty of mouth-watering yield opportunities across Terraverse.

And it all starts with staking $LUNA.

However, there's an issue.

Say you have 10 $LUNA and you stake them to earn rewards and airdrops.

The moment you do that, all 10 $LUNA get locked.
What about the other yield opportunities?

You have two options:

Option 1: You acquire more $LUNA to grab those opportunities.

Problem: You need to spend additional fiat.

Option 2: Stake 50% of your $LUNA and use the remaining 50% to exploit another opportunity.

Problem:
Read 13 tweets
Mar 12
We’re thrilled and excited for the SD Token launch on 15th March.

And, we want to get you ready for it as well!

Here’s everything you need to know…⬇️⬇️
Still have questions about SD tokens?

In the thread below, we’ve covered:

- SD Token value accrual
- How to use your farmed SD Token?
- Stader Tokenomics

Have questions on how you should prepare for TGE and claim your tokens?

We’ve got all the answers in our FAQs doc…⬇️⬇️

staderlabs.notion.site/Stader-TGE-FAQ…
Read 5 tweets
Mar 11
Stader's $SD token TGE is right around the corner.

And this is the perfect time to answer a few questions.

Namely:

- How do $SD tokens generate value?
- How can you use your farmed $SD tokens?
- How are $SD tokens distributed? (Tokenomics)

Read on for the answers: 🔽 Image
1. SD Token Value Generation

Stader's source of revenue will be the fees charged as a percentage of your rewards.

What'll be the percentage?

Between 3% - 10% of the rewards based on the type of solution (if elected by governance)

Now, here's a little secret for you:
A portion of these protocol fees will be paid to $SD token stakers.

That's right folks!

You'll soon get to stake your farmed $SD rewards and earn more rewards.

In fact-

Staking $SD tokens is the key to unlocking the 4 ways to utilize them.

Here's how:
Read 8 tweets

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