Stader Labs 推出 ETHx 代币经济第二阶段并推出 SD 实用池

Stader Labs 通过推出 SD Utility Pool 推出了 ETHx 代币经济的第二阶段，这是一种将其 SD 代币与以太坊生态系统更紧密地联系在一起的创新机制。作为 TVL 超过 7.5 亿美元的领先流动性质押提供商，Stader 的 ETHx 在社区中获得了巨大的关注，自推出以来吸引了超过 250 个节点运营商和 4100 多个验证者。 SD 实用池使 SD 持有者能够通过将其代币委托给节点运营商来参与以太坊的去中心化，而节点运营商则反过来为网络的安全做出贡献。

Stader Labs Unveils Phase 2 of ETHx Tokenomics with Launch of SD Utility Pool

Stader Labs 推出 ETHx 代币经济第二阶段并推出 SD 实用池

Singapore, April 3, 2024 - Stader Labs, a pioneering liquid staking solutions provider, has announced the launch of the SD Utility Pool, marking the second phase of its ETHx tokenomics strategy. This strategic initiative aims to enhance the integration of SD, the protocol token of Stader, into the Ethereum ecosystem, offering holders increased utility and participation in the growing ETHx business.

新加坡，2024 年 4 月 3 日 - 领先的流动性质押解决方案提供商 Stader Labs 宣布推出 SD Utility Pool，标志着其 ETHx 代币经济战略的第二阶段。这一战略举措旨在加强 Stader 协议代币 SD 与以太坊生态系统的整合，为持有者提供更多实用性并参与不断增长的 ETHx 业务。

Background: Stader's ETHx Solution

背景：Stader 的 ETHx 解决方案

Stader is a leading player in the liquid staking market, with over $750 million in total value locked (TVL) across prominent EVM chains, including Ethereum, Polygon, and BNB. In July 2023, Stader launched its ETHx solution on Ethereum, introducing the lowest bonding requirement of 4 ETH plus 0.4 ETH worth of SD per validator. This innovative approach significantly reduces the capital requirement by 85% and generates up to 42% higher rewards for node operators compared to traditional solo staking. ETHx has gained widespread acceptance within the community, with over 250 node operators onboarding and establishing more than 4100 validators since its inception.

Stader 是流动质押市场的领先参与者，在以太坊、Polygon 和 BNB 等著名 EVM 链上锁定的总价值 (TVL) 超过 7.5 亿美元。 2023 年 7 月，Stader 在以太坊上推出了 ETHx 解决方案，引入了每个验证者 4 ETH 加上价值 0.4 ETH 的 SD 的最低绑定要求。与传统的单独质押相比，这种创新方法可显着降低 85% 的资本要求，并为节点运营商带来高达 42% 的高回报。 ETHx 已获得社区的广泛认可，自成立以来已有超过 250 个节点运营商加入并建立了超过 4100 个验证器。

Phase 2: SD Utility Pool

第 2 阶段：SD 实用程序池

Stader has entered the next phase of its Ethereum decentralization journey by launching the SD Utility Pool, which brings SD holders into the ETHx ecosystem. The Utility Pool serves as the first-of-its-kind product in the Ethereum liquid staking space, rewarding protocol token holders for supporting the decentralization of Ethereum by contributing to permissionless node operators.

Stader 通过推出 SD 实用池，将 SD 持有者带入 ETHx 生态系统，进入了以太坊去中心化之旅的下一阶段。实用程序池是以太坊流动质押领域的首个同类产品，奖励协议代币持有者通过为无需许可的节点运营商做出贡献来支持以太坊去中心化。

Holders can delegate any amount of SD to the Pool, which node operators can then access to cover the required protocol tokens for validators. Node operators are obligated to pay a utilization fee that contributes to the 40%+ rewards that early delegators can potentially earn.

持有者可以将任意数量的 SD 委托给池，然后节点运营商可以访问这些 SD 来覆盖验证者所需的协议代币。节点运营商有义务支付使用费，这有助于早期委托人获得 40% 以上的奖励。

Driving Value Accrual for SD Holders

推动 SD 持有者增值

Since the launch of ETHx in June, Stader has experienced a substantial 6X growth. The SD Utility Pool is poised to be a pivotal catalyst for the next wave of value accumulation for SD holders. As more SD is locked in by ETHx node operators, its value will correspondingly increase. This growth will enable higher incentives for ETHx users, fostering greater demand for ETHx. The increased demand will drive up ETHx TVL, leading to higher demand for SD in the Utility Pool. This positive feedback loop will ultimately benefit SD holders.

自 6 月份推出 ETHx 以来，Stader 经历了 6 倍的大幅增长。 SD 公用事业池有望成为 SD 持有者下一波价值积累的关键催化剂。随着更多的SD被ETHx节点运营商锁定，其价值也会相应增加。这种增长将为 ETHx 用户带来更高的激励，从而促进对 ETHx 的更大需求。需求的增加将推高 ETHx TVL，从而导致公用事业池中对 SD 的需求增加。这种积极的反馈循环最终将使 SD 持有者受益。

Early Adoption and Incentive Program

早期采用和激励计划

The SD Utility Pool has garnered a positive response, with over 1.5 million SD delegated within just two weeks of launch. According to Stader's team, approximately 10% of the circulating supply has been locked, including both SD delegated to the Utility Pool and SD previously bonded by node operators.

SD实用程序池获得了积极的响应，在推出后的短短两周内就获得了超过150万个SD的委托。据 Stader 团队介绍，大约 10% 的流通供应已被锁定，其中包括委托给公用事业池的 SD 和之前由节点运营商绑定的 SD。

To incentivize early delegators, Stader Labs has announced additional emissions from the protocol treasury, offering rewards of over 40% for delegators.

为了激励早期委托人，Stader Labs 宣布从协议金库中增加额外排放，为委托人提供超过 40% 的奖励。

A Breakthrough in Decentralization and Token Utility

去中心化和代币效用的突破

Stader's Utility Pool represents a groundbreaking innovation in the Ethereum DeFi landscape. By promoting the decentralization of Ethereum while integrating genuine use cases into protocol tokens, it sets a new standard for token utility. This development underscores Stader Labs' unwavering commitment to driving innovation and advancing the DeFi ecosystem.

Stader 的实用池代表了以太坊 DeFi 领域的突破性创新。通过促进以太坊的去中心化，同时将真实用例集成到协议代币中，它为代币实用性设定了新标准。这一发展凸显了 Stader Labs 对推动创新和推进 DeFi 生态系统的坚定承诺。

About Stader Labs

关于斯塔德实验室

Stader is a non-custodial, smart contract-driven staking platform that simplifies the discovery and utilization of staking solutions. It serves as a critical staking middleware infrastructure for various Proof-of-Stake (PoS) networks, catering to retail cryptocurrency users, exchanges, and custodians. Stader is backed by leading crypto investors such as Panterra Capital, Coinbase Ventures, and others.

Stader 是一个非托管、智能合约驱动的质押平台，可简化质押解决方案的发现和利用。它作为各种权益证明（PoS）网络的关键质押中间件基础设施，满足零售加密货币用户、交易所和托管人的需求。 Stader 得到了 Panterra Capital、Coinbase Ventures 等领先加密货币投资者的支持。