Stake DAO

SDT Rank #1493

$0.1028▼ 3.17%24h

Low $0.103High $0.1079

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Market cap$7.05MRank #1493

Fully diluted value$7.23M

Volume (24h)$8.1KVol / Mcap 0.12%

Circulating supply68.56M68.6% of max

Total supply70.31M

Max supply100.00M

All-time high$17.38Feb 3, 2021

All-time low$0.0152Oct 28, 2022

What is Stake DAO?

Overview

Stake DAO is a multi-service DeFi platform designed to help users access optimized investment strategies by leveraging the broader DeFi ecosystem. The protocol serves yield farmers and investors seeking automated portfolio management. The platform generates fees from staking products and investment strategies, which are distributed to token holders.

How it works

Stake DAO operates as a yield optimizer and aggregator, functioning across Ethereum, Polygon, and Arbitrum. Users can deposit assets into automated strategies that manage positions across DeFi protocols, including Curve-based yield farming opportunities.

Token and supply

SDT is the governance token of Stake DAO, granting holders voting rights on protocol decisions. Token holders can stake SDT to receive a portion of fees generated by the platform's products. Maximum supply is capped at 100 million tokens, with total supply of approximately 70.3 million and circulating supply in circulation.