The SDL token performs three key functions:
SDL is a fee token — staking SDL will return a percentage of all fees generated by the platform. This fee scales directly with the amount of LINK and rewards in the protocol.
SDL is a governance token — voting will help shape the platform, determine future fees, and participant involvement.
SDL provides priority staking access — stakers of SDL will be the first to deposit LINK at stake.link.
stake.link Price Analysis
As of March 24 2025 stake.link has a marketcap of $27M.
This is {{percentagefromath}} from its all time high of $1.10.
In terms of its tokenomics, there's a total supply of 100M with 59% currently outstanding.
Keep in mind stake.link has a fully diluted value of $47M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
