PANews reported on May 31st that the proposal to burn 20% of the total supply of SD tokens released by Stader Labs, a multi-chain liquidity staking platform, has been approved. The first phase of the transformation of SD tokenomics will be completed. The proposal shows that due to concerns about the low float and high FDV of SD tokens, it is proposed to burn 20% of the total token supply, i.e. 30 million SD, reducing the total supply from 150 million to 120 million.

🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai