Thread by @RiddlerDeFi

1/ LSDs is the new meta in crypto 💊

$SD combines the catalysts + the narratives, backed by fundamentals.

Why? Let's find out 🧵

2/

TL;DR 🎙️

@staderlabs is a liquid staking protocol born on #Terra and then moved to cross-chain 🌐

It's now present on 6 chains and its planning on expanding to more

Progressive decentralization is also in the plan for governance 🗳️

@staderlabs 3/

$SD Token Overview 📜

Price: $0.78
Market Cap: $7,9M
Circulating Supply: $10M $SD
Total Supply: $150M $SD
TVL: $126M

$SD had a harsh time due to $LUNA crash but has been crushing recently by giving new utilities to the token

@staderlabs 4/

What I'll cover in this thread 👇

- What is @staderlabs
- Available / Upcoming Chains
- Tokenomics
- Main Utilities
- Roadmap
- Backers & Partners

@staderlabs 5/

What is @staderlabs❓

Staking across chains has different problems:

It gets complicated quickly and people would rather remain on a single chain or delegate their staking to a valid

@staderlabs 6/

Delegating also moves your voting powers to the delegator, hurting decentralization

@staderlabs offers a handy service of liquid staking to solve both these problems 🤝

It does so without complicating the process and maintaining good APRs

@staderlabs 7/

@staderlabs has undergone several audits since its inception in #Terra days and has kept doing so in the following months 🗓️

It started with @CertiK and @Zinstitute

Now, @HalbornSecurity, @peckshield, and @BlockSecTeam have been the main auditer

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam 8/

There are 6 available chains right now and at least three more in the workings:

@hedera - @0xPolygon - @binance - @FantomFDN - @NEARProtocol - @terra_money

The upcoming in the plans are $ETH - $AVAX - $SOL

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money 9/

In the 6 current chain @staderlabs has reached a total TVL of almost $100M, with more than half of it being staked in @hedera

Adding @ethereum, @avalancheavax and @solana might have a huge effect on this numbers 📈

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana 10/

Tokenomics 🔢

$SD went through a public sale held on March 14 and 15 on Coinlist

The ICO price was of 4.5 USDO per $SD and about 23 million dollars were raised 💰

The supply was capped at 150M $SD

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana 11/

Main $SD token utilities:

➡️ Passive income from the staking revenue the protocol generates

➡️ Custom validator groups by staking $SD and earning a share of their revenues

➡️ Stader Governance

New plans are in the making after Terra crash for new utilities for $SD

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana 12/

Roadmap 🗺️

There's a lot planned for @staderlabs future, let's go with order:

⛓️ More chain support with the 3 mentioned before, but also the Move chains: @Aptos_Network and @SuiNetwork

This will create a huge chance for increasing the TVL

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana @Aptos_Network @SuiNetwork 13/

The next chain among all these will probably be $ETH and there's a detailed plan on how everything will come to be

Strong partnership are being worked on with the likes of @AAVEProtocol, @VenusProtocol, @beefyfinance, @QuickswapDEX 🤝

https://twitter.com/staderlabs_eth/status/1600160050391105536?s=20&t=cd4KCl8UK304hMbbYRvL1Q

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana @Aptos_Network @SuiNetwork @AAVEProtocol @VenusProtocol @beefyfinance @QuickswapDEX 14/

MaticX covered called Vaults and $BNB chain vaults are interesting future developments

It could open up for good APRs for a liquid staking platform 🏦

$SD LPs and $SD single-sided staking are coming too, and they will be a nice addition to these APRs

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana @Aptos_Network @SuiNetwork @AAVEProtocol @VenusProtocol @beefyfinance @QuickswapDEX 15/

A whole array of $SD new utilities will work on decentralizing governance progressively

There are hints of a coming #RealYield development too 👀

$SD will become a token were protocol's revenue get shared into 🌽

https://twitter.com/staderlabs/status/1596203823286341634?s=20&t=NH-CDDl5FFuLtrx551XdsA

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana @Aptos_Network @SuiNetwork @AAVEProtocol @VenusProtocol @beefyfinance @QuickswapDEX 16/

#RealYield will be the 3rd act of a longer decentralization process that already began

Governance hass been the first step🗳️

https://twitter.com/staderlabs/status/1578069856120762369

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana @Aptos_Network @SuiNetwork @AAVEProtocol @VenusProtocol @beefyfinance @QuickswapDEX 17/

$SD is currently in phase 2 of 3 where the governance council and voting snapshot have been introduced

https://twitter.com/staderlabs/status/1588572847685111817?s=20&t=edmvdv3X7PudYWuPyuPrBA

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana @Aptos_Network @SuiNetwork @AAVEProtocol @VenusProtocol @beefyfinance @QuickswapDEX 18/

Backers and partners 👥

@staderlabs has conquered the trust of many backers and some important CEXs like @Bybit_Official, @okx, @gate_io, @HuobiGlobal

Many "angels" also gave support to $SD, some from @0xPolygon team 👼

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana @Aptos_Network @SuiNetwork @AAVEProtocol @VenusProtocol @beefyfinance @QuickswapDEX @Bybit_Official @okx @gate_io @HuobiGlobal 19/

@staderlabs has already gathered good capitals on the first 6 chains and $SD price has already more than bottomed out

It is now in a good position to build up thanks to well prepared plans and a good team 🛠️

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana @Aptos_Network @SuiNetwork @AAVEProtocol @VenusProtocol @beefyfinance @QuickswapDEX @Bybit_Official @okx @gate_io @HuobiGlobal 20/

Links 🌐

Twitter: @staderlabs
Website: staderlabs.com
Discord: discord.com/invite/xJURAhS…
Telegram: t.me/staderlabs
Blog: blog.staderlabs.com
Analytics: dune.com/stader_labs/ma…

@staderlabs @CertiK @Zinstitute @HalbornSecurity @peckshield @BlockSecTeam @hedera @0xPolygon @binance @FantomFDN @NEARProtocol @terra_money @ethereum @avalancheavax @solana @Aptos_Network @SuiNetwork @AAVEProtocol @VenusProtocol @beefyfinance @QuickswapDEX @Bybit_Official @okx @gate_io @HuobiGlobal 21/

That was it for this thread 🧵

You know the drill 🫡

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