Stake DAO Price Update Today
The SDT price update as of now is $0.5524. In the previous 24 hours, its trading volume was $0, and its value has decreased by -3.14%. As of now, SDT's live market cap is $33,628,580, and it is ranked as the #3209 on the Coincu. SDT has a circulating supply of 65,833,351 and a maximum supply of 65,833,351.
About Stake DAO
Introducing Stake DAO
Stake DAO is a revolutionary project that offers a Non-Custodial platform for individuals to easily expand their cryptocurrency portfolio. This platform is built on decentralized blockchain protocols, allowing users to develop, monitor, and manage their assets directly from their wallet.
The primary goal of Stake DAO is to provide individuals, regardless of their crypto knowledge, with access to the most competitive products and strategies in the market.
Understanding the Functionality of Stake DAO
Stake DAO simplifies the process of earning more from assets by combining leading strategies, Staking Protocols, and integration into one user-friendly dashboard. Users can choose from a wide range of strategies, each having its own carefully assessed risk score, to customize their portfolio based on their risk appetite. Whether it's stablecoin-based strategies, Bitcoin, or various ERC-20 Tokens, Stake DAO offers everything needed to maximize returns from cryptocurrency investments.
To start earning, users can simply select a strategy and its corresponding Stake Token.
One important aspect of the Stake DAO project is that its products aim to benefit the entire community. In addition to the end users, anyone who contributes to the foundation also earns rewards.
Stake DAO charges a 15% execution fee for each strategy, with the remaining 85% distributed to users, automatically accruing to their chosen strategy. Furthermore, a 0.5% withdrawal fee is administered by Stake DAO when users remove their assets from a specific strategy, and all proceeds from this fee are distributed to SDT Token holders.
Additionally, Stake DAO offers two liquidity pools on Sushiswap and Uniswap, where community members can earn extra SDT rewards for every block mined. Users can pair SDT with ETH and keep 100% of the proceeds. Although these liquidity pools do not generate revenue for the protocol, they play a vital role in the success of Stake DAO.
Key Features of the Stake DAO Project
Access the latest market trends by combining new products, such as Social tokens, into index funds.
Deposit funds into Stake DAO's top-earning strategies, with small execution and withdrawal fees applicable to these strategies.
In the strategy section, choose from four types of strategies: Passive, Options, Premium, and LP Farming. Select a main strategy and join a pool.