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Stader(SD) Startup Free Offering on Gate.io
Gate.io Startup will launch its next project, Stader Labs (SD), at 10:00 AM on March 14th (UTC), 2022.
Startup Link: https://www.gate.io/startup
Introduction to Stader Labs (SD)
Stader’s vision is to help network users stake their assets conveniently and safely through its platform by building key staking middleware infrastructure for Proof-of-Stake (PoS) networks that can be leveraged for several customer segments including retail crypto users, exchanges, custodians, and mainstream FinTech players. Stader’s modular smart contracts are built so that third parties can leverage their components and incorporate custom solutions.
Within a few weeks after launch, Stader has become the second largest staking protocol by TVL of >8.5 M Luna (850 M USD) and over 30,000 wallets staking on Terra. Stader is targeting to launch Fantom, Solana, Hedera and Polygon in the next few weeks.
(The information below is provided by the Stader Labs (SD)team. Please follow their website for more information)
Token Information
Token name: SD token
Token symbol: SD
Max Supply: 150,000,000 SD
Token Type: ERC-20
Token Contract: 0x30D20208d987713f46DFD34EF128Bb16C404D10f
Token Distribution and Unlocking Rules:
*Rewards & Farming: 36%
1.18% of total supply at TGE, remaining would be based on individual rewards program as determined via governance
*Team & Advisors: 17%
6 month cliff followed by linear vesting for 36 months
*Private sale: 17%
0.65% of total supply at TGE, linear vesting across 36 months post TGE
*DAO fund: 15%
To be determined through governance
*Ecosystem fund: 11%
0.83% at TGE, remaining to be determined via governance
*Public sale: 4%
Option 1:
2% of total supply: 0.4% of total supply at TGE, followed by linear vesting monthly for 4 additional months
Option 2:
2% of total supply: 0.4% of total supply to be unlocked around 25th April, followed by every 2 months for 8 additional months
Website: https://staderlabs.com/
Whitepaper: https://staderlabs-docs.s3.amazonaws.com/Stader_Litepaper.pdf
Token Information: https://etherscan.io/token/0x30D20208d987713f46DFD34EF128Bb16C404D10f
Stader Labs Startup Sale Rules
(1) Duration: 10:00 AM on March 14th—10:00 AM on March 15th (UTC), 2022. (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, users will need to be VIP1 and above.
(3) Price: $0; Public Sale Price: $4.5; Startup Supply: 5,556 SD
(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10. For example:
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 10:00 AM on March 14th—10:00 AM on March 15th (UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.
(8) Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders until we announce the sale result. An insufficient balance will result in the cancellation of the purchase order.
(9) Each type of currency can only be purchased once with each KYC account.
(10) After 10:00 AM(UTC) on March 15th, we will collect all the qualified orders and distribute the tokens according to the ratio of the individual purchase orders to the purchase orders in total.
(11) Trading starts time: 03:00 PM (UTC) on March 15th
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