SDL

stake.link price
SDL
#6271

$0.2459  

6.46% (1d)

stake.link to USD Chart

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Stake.link statistics
Market cap
$7.63M

0.00%

Volume (24h)
$596.19

94.82%

FDV
$65.17M
Vol/Mkt Cap (24h)
0.007812%
Total supply
265M SDL
Max. supply
--
Self-reported circulating supply
31.03M SDL
SDL to USD converter
SDL
USD
Price performance
24h 
Low
$0.2459
High
$0.2647
All-time high
Mar 14, 2024 (8 months ago)
$0.895
-72.52%
All-time low
May 21, 2023 (a year ago)
$0.07149
+243.98%
See historical data


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CMC Daily Analysis

About stake.link

The SDL token performs three key functions: SDL is a fee token — staking SDL will return a percentage of all fees generated by the platform. This fee scales directly with the amount of LINK and rewards in the protocol. SDL is a governance token — voting will help shape the platform, determine future fees, and participant involvement. SDL provides priority staking access — stakers of SDL will be the first to deposit LINK at stake.link.

SDL enables stake.link governance - SDL holders actively contribute to the platform by proposing, discussing, and refining SLURPs, electing Governing Council Members, and providing input on important decisions. It also facilitates reward distribution - it streamlines the allocation of rewards to platform participants. Stakers earn rewards for offering their collateral to Providers, while Providers receive incentives for making their staking allocations available. SDL offers priority staking access too - By staking SDL, stakers can reserve their spot in the queue for guaranteed LINK staking allocations when additional space is offered

 
 
 
 
 
 

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