๐ SDT Token
The heart of Stake DAO
What is the SDT ?
SDT is the token of Stake DAO. It was introduced alongside the launch of the protocol in 2021.
SDT Utility
The SDT reproduces Curve Finance's CRV model token and its mechanics. The SDT token is distributed to depositors on the different Stake DAO products. SDT emissions are controlled by the DAO. The DAO is governed by veSDT holders, which stands for vote-escrowed SDT.
The main benefit of SDT is therefore to be locked into veSDT, in order to benefit from its many benefits.
Find out more in the veSDT section.
Tokenomics & Distribution
There was an initial supply of 100,000,000 SDT, which had the following distribution:
Inflation
The current inflation is scheduled the following way:
- 1.13 SDT per block
Among which:
- 0.6 SDT to Strategies
- 0.4 SDT to Lockers
- 0.1 SDT to Stake DAO NFT holders
- 0.03 to Frax Gauges
How to get SDT?
You can buy SDT from official Liquidity Pools on Curve Finance on Ethereum Mainnet.
- triSDT: https://curve.fi/#/ethereum/pools/factory-tricrypto-16/deposit (opens in a new tab)
- SDT/ETH: https://curve.fi/#/ethereum/pools/factory-crypto-11/deposit (opens in a new tab)
However, to ensure you always get the most favourable conversion rate, you may want to use an aggregator such as Paraswap.