Stakers deposit funds into Stader and receive a return on investment in the form of staking rewards (supply-side revenue). Fantom fees and revenues are not included. 

Stader is a non-custodial liquid staking protocol built on Ethereum and other blockchains. Stader was founded by Amitej Gajjala, Dheeraj Borra & Sidhartha Doddipalli and launched in 2021.

SD tokenholders own and govern the protocol. They currently take a cut of the total return on investment (revenue). Stader’s investors include GoldenTree Asset Management, Blockchain.com, Pantera Capital etc.

governance

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etherscan

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Liquid staking

Stader

# Stader Maximum token supply Methodology

## 1. Overview

The Stader token maximum supply metric represents the theoretical maximum number of Stader tokens that can ever exist according to the protocol's tokenomics design. This is a fixed value defined in the protocol specification, not calculated from blockchain events. The metric answers the question: "What is the upper limit on Stader token supply as defined by the protocol?"

The calculation approach uses a hardcoded value based on the protocol's tokenomics documentation, established at the protocol launch date and maintained as a constant across all reporting periods.

## 2. Data sources

This metric is derived from protocol specifications rather than blockchain data:

- **Protocol tokenomics documentation**: The official Stader protocol tokenomics specification that defines the maximum token supply
- **Smart contract deployment records**: Documentation of when the protocol's token contracts were deployed and their maximum supply parameters
- **Protocol governance decisions**: Any governance decisions that established or confirmed the maximum token supply limit

## 3. Step-by-step calculation

### Component A: Maximum supply specification
- **Purpose**: Establish the protocol-defined maximum token supply value
- **Logic**: The maximum supply is set as a fixed value of 150,000,000 tokens. This value is derived from the Stader protocol's tokenomics design and represents the theoretical upper limit on token supply. The specification becomes effective from March 15, 2022, which corresponds to the protocol's operational launch date.
- **Key fields**: The `token_supply_maximum` field contains the hardcoded value of 150,000,000 tokens, while the `timestamp` field marks the effective date of this specification

### Final aggregation
- **Combining components**: This metric uses a single component with no data joining required, as it represents a protocol constant
- **Currency conversion**: Not applicable - this metric represents token units, not currency values
- **Time aggregation**: The metric uses daily grain reporting with a fill-forward strategy, meaning the same maximum supply value is reported for each day from the launch date onward
- **Final calculation**: The final metric value is simply the protocol-specified maximum of 150,000,000 Stader tokens, formatted with appropriate metadata including the project identifier and timestamp information

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

StaderSD

Maximum token supply

Maximum token supply

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