Coinbase now supports trading Stader on its crypto exchange.SD), a noncustodial, multi-chain liquid staking platform.
Coinbase has announced a new announcement. says SD has now been added to Coinbase.com, as well the Coinbase iOS & Android Apps.
Coinbase has added SD to its list “roadmap” last month, which signals the possibility of future listings for digital assets – triggering significant rallies The token is a good example.
Stader was originally designed to offer liquid stake solutions for the Terra Blockchain, but has expanded its services to include other chains after the collapse of Terra in 2022.
The Stader community recently voted on reduce The supply of SD will drop from 150 to 120 millions in the new “tokenomics reboot.”
Project is currently voting to expand the token’s utility. “leveraging the SD Utility Pool to provide insurance cover for permissioned node operators, ensuring they only have to cover up to four Ethereum (ETH) in slashing penalties, with the excess covered by the pool.”
Stader Labs – the team of developers behind this project – raised $4 million in funding for the initial stage from Pantera Capital, and other investors, by 2023.
According to the latest data, SD currently trades at $0.48. This is 98.4% lower than its previous high of $30.17, which was reached in March 2022. CoinGecko.
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