Algorithmic / under-collateralized stablecoin
Stake DAO's assessment for RD-F-069 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Stake DAO does not issue a stablecoin. SDT is a governance token (100M hard cap, no peg mechanism). sdCRV, sdBAL, sdFXS, sdPENDLE are governance-token derivatives with floating secondary-market prices — not stablecoins. Per PD-024: algorithmic stablecoin design is a lending-only factor.
Sources #
- DocsSDT Token — Stake DAO DocsSDT token: 100M max supply, governance token, no stablecoin mechanism. sdTokens: liquid derivatives of governance tokens, no fixed peg to any fiat or stable asset.retrieved 2026-05-16
Methodology #
Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol stake-dao factor RD-F-069 score not_applicable collected_at 2026-05-16 12:29:20