SDY Token

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Name: Steadefi
Symbol: SDY
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

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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
TBD
TBD
TBD
TBD
Compensation (esSDY) (iii)
12.1%
24.2m
$10m
$ 0.05
12
Team & Advisors (SDY)
9.9%
19.8m
24
Growth Incentives (SDY/esSDY)
35.5%
71m
TBD
Swap Liquidity (SDY)
5%
10m
Treasury (SDY)
10%
20m
Total Circulating
100%
200m
(i) This is the maximum % as the 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. Please read our relaunch blog post for more clarity on compensation. See esSDY TokenesSDY Token for more details on esSDY to SDY conversion.

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