Chains: Arbitrum, Avalanche
Max Supply: 200,000,000 SDY across all chains
SDY is Steadefi’s native token.
It is bridgeable to deployed chains at a 1:1 ratio, with the token bridge being Chainlink’s Crosschain Interoperability Protocol (CCIP).
It can be instantly converted at a ratio of 1 SDY to 1 esSDY.
SDY Token Distribution
Token Amount (million)
Vesting / Distribution (months)
Seed Round Investors (SDY)
Recovery Round Investors (SDY) (i)
Public Round Investors (SDY) (ii)
Compensation (esSDY) (iii)
Team & Advisors (SDY)
Growth Incentives (esSDY)
Swap Liquidity (SDY)
(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 Token for more details.