Stader (SD) token is the native governance and value accrual token for Stader. Stader has established key mechanics that make SD tokens intrinsically tied to the Stader platform.
Value Capture for SD Token:
Stader charges a % of rewards as fees and the fees is the key revenue source for Stader platform. The fees charged will be in the range 3%-10% of the rewards...
Stader is a staking solution, currently live on Hedera, Polygon, Fantom, Near, Binance, Terra 2.0, and Terra Classic networks.
I expect the price to replicate the amplitude of the long channel.