SDY Token

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Name: Steadefi
Symbol: SDY
Chains: Arbitrum, Avalanche
Max Supply: 200,000,000 SDY across all chains
SDY is Steadefiโ€™s native token.
It is bridgeable to deployed chains at a 1:1 ratio, with the token bridge being Chainlinkโ€™s Crosschain Interoperability Protocol (CCIP).
It can be instantly converted at a ratio of 1 SDY to 1 esSDY.

SDY Token Distribution

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% Supply
Token Amount (million)
FDV (million)
Token Price
$ Raise
Vesting / Distribution (months)
Seed Round Investors (SDY)
7.5%
15m
$10m
$ 0.05
$750k
18
Recovery Round Investors (SDY) (i)
10%
20m
$2m
$ 0.01
$200k
12
Public Round Investors (SDY) (ii)
10%
20m
> $4m
> $0.02
> $400k
TBD
Compensation (esSDY) (iii)
12%
24m
$10m
$ 0.05
12
Team & Advisors (SDY)
10%
20m
24
Growth Incentives (esSDY)
35.5%
71m
48-60
Swap Liquidity (SDY)
5%
10m
Treasury (SDY)
10%
20m
Total Circulating
100%
200m
(i) Maximum % as Recovery Round is still ongoing. Unsold amounts will go to Protocol Treasury.
(ii) FDV to be finalized closer to raise date. Unsold amounts will go to Protocol Treasury.
(iii) esSDY can be claimed for compensation over 12 months linearly; esSDY needs to be converted to SDY over time. See esSDY TokenesSDY Token for more details.

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