Stader Labs has introduced Phase 2 of its ETHx (CRYPTO:ETHX) tokenomics by launching the SD Utility Pool, a pioneering step to more closely integrate its protocol token, SD, with the Ethereum ecosystem.
This new initiative aims to enhance the utility for SD holders, fostering a deeper connection with the Ethereum (CRYPTO:ETH) network.
The SD Utility Pool represents a significant move by the liquid staking behemoth to not only provide more value to its token holders but also to contribute towards the decentralization of the Ethereum blockchain.
The unveiling of this unique utility pool showcases Stader Labs' commitment to innovation and the strengthening of the Ethereum network's infrastructure.