Inclusion of SD in the Permissioned Node Operations Set-Up

We are excited to present the next step in our Tokenomics Reboot aimed at driving 10x growth for Stader Labs.

Summary: Following the successful burn of 30Mn $SD tokens and the approval of quarterly buybacks and rewards capping, we propose to enhance $SD utility by extending to Permissioned ETHx Node Operators.

Proposal Highlights:

-Enhanced Utility for $SD: We propose leveraging the SD Utility Pool to provide insurance cover for permissioned node operators, ensuring they only have to cover up-to 4 ETH in slashing penalties, with the excess covered by the pool.

-Incentivized Participation: To cover the premium for this insurance, the staking commission shall be henceforth 4% for permissioned operators, delegating the 1% of ETH staking yield to the SD Utility Pool. This approach will generate additional rewards, encouraging more $SD lock-up and optimizing the token's circulating supply.

Benefits: -Strengthens $SD utility, promoting long-term growth. -Provides a safety net for permissioned node operators. -Enhances the overall value and stability of our ecosystem.

We invite the valuable members of the StaderDAO to vote for adding more utility for SD.

For more details on the proposal, please refer to the forum below