2023-05-18
Liquid staking governance tokens like LDO and RPL are the hottest
tokens right now.
Are there any other liquid staking tokens that the price can go up? Let’s explore.
Stader is a liquid staking service provider. The platform allows users to stake 7 different coins include:
1. Ethereum
Available soon
2. Polygon
TVL: $106 million
APY: 4.74%
3. Hedera
TVL: $106 million
APY: 8.48%
4. BNB
TVL: $11 million
APY: 3.92%
5. Fantom
TVL: $107 million
APY: 4.7%
6. Near
TVL: $106 million
APY: 8.84%
7. Terra 2.0
TVL: 410,628 LUNA
APY: 15.4%
Stader has a governance token called “SD”. Token holders can vote on
proposal through Stader DAO.
SD tokens have a max supply of 150,000,000 SD, it has fully diluted
market cap of $140 million. 6.77% of SD tokens are circulating in the market.
Largest liquid governance tokens by fully diluted market
cap.
1. Lido DAO (LDO), fully diluted market cap $2.28 billion.
2. Rocket Pool (RPL), fully diluted market cap $973 million.
3. Frax Share (FXS), fully diluted market cap $730 million.
4. Ankr Network (ANKR), fully diluted market cap $265 million.
5. Stader (SD), fully diluted market cap $140 million
6. Bitfrost (BFC), fully diluted market cap $120 million.
SD Price Prediction
It depends on TVL. If TVL grows, SD
price will grow accordingly. However, Stader definitely has a chance to grow
because cryptocurrencies are moving toward staking.