Bullish TA on $SD

Still bullish on Stader with the 1W update holding quite well.

Stader buybacks 286.2k $SD ($150k) off CEXs (almost 3.5% circulating supply annualised at this rate) and more Stader revenues will lead to more buybacks (20% of revenue every quarter)

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We are got bounced of the support line of the Descending Channel on 5D timeframe🧐

Looks bullish

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Coinbase listing for SD

At the end of May 2024 Stader Governance proposed "buy back and burn" Show More

Let's look at Stader's tokenomics, they have limit supply - 150m SD. 36% for Rewards and Farming, Team + Advisors 17%, Private Sale 17%, DAO fund 15%, Ecosystem fund 11%, and Public Sale 4%. Show More

Stader is the dApp that helps to automatically compound user's earning from staking. The smart contract mint you tokenX after you stake token, so tokenX represents staked assets and growth in value as rewards. Show More


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