Following BIP-920 and SDGP-68, @Balancer's veBAL compensation has been routed in USDC through Stake DAO to sdBAL holders.
Distributed pro-rata to sdBAL gauge stakers.
Find your allocation under Vote Incentives & Airdrops on Stake DAO.
Post-mortem: On May 27, an attacker forged an unbacked vsdCRV mint on Arbitrum. No Stake DAO core contracts were ever at risk.
~43.8 ETH were drained from the vasdCRV Curve pool, a SDGP to fully compensate affected users has been published.
Full post-mortem 👇
Top 5 Stake DAO vaults by TVL this week:
frxUSD/msUSD: ~$10.08M
frxUSD on @Morpho: ~$5.29M
USDC/crvUSD: ~$5.09M
USDT/crvUSD: ~$4.73M
frxUSD/crvUSD: ~$4.61M
Powered by @MetronomeDAO, @fraxfinance and @CurveFinance.
Boosted by Stake DAO.
Approximately $ 7.5K+ in USDC distributed to vlSDT stakers this week, sourced from protocol fees converted from CRV.
Stake your SDT into vlSDT to receive weekly USDC payouts.
If you have deposits or loans in asdCRV LlamaLend market on Arbitrum - please exist ASAP out of precation.
The market is fine right now but its price oracle can become unstable due to the vsdCRV exploit which can cause liquidations.
Stake DAO AI agent update: The skill is now fully connected to Stake DAO lending data.
Ask questions about yields, best deposits, best loops and APYs across every Stake DAO lending market.
Example prompts:
/stakedao which Stake DAO vault has the highest APY right now?
/stakedao best Stake DAO loop opportunity on frxUSD?
/stakedao where should I deposit my USDC for the best yield on Stake DAO?
/stakedao rank Stake DAO lending markets by net yield after borrow cost
And more.
One formula, a thousand curves.
Inspired by $crvUSD, the interest rate formula used for $USG allows for an exceptional modularity.
Details in the article below 👇
vlCVX delegation on Stake DAO just hit 8M vlCVX, a new all-time record.
Delegate your @ConvexFinance vlCVX, let Stake DAO optimize your votes.
Rewards distributed every Tuesday in scrvUSD, one single yield-bearing stablecoin for simplicity. No fee.
Delegate now.
Big announcement. 🐘
Votemarket is going IRL.
On-chain bribery beyond DeFi governance. Prediction markets meet vote markets. Politics, sports, entertainment: if there's an outcome, there's a bribe market for it.
Powered by @UMAprotocol settlement layer.
🧵👇
1/ A new frxUSD curated vault is live on Stake DAO.
Deposit frxUSD in the Stake DAO curated vault on @Morpho and earn yield from lending against @CurveFinance OnlyBoost LP collateral.
With added incentives from @Fraxfinance, @MetronomeDAO & Stake DAO
↳🧵
Hub Capital celebrates its 6 month anniversary, and simultaneously reaches $1M in TVL for the first time in its history, while staying at the top of the board on @vaultsfyi !
Consistent outperformance over the past half year has led more and more farmers to join the family!
https://t.co/56LUOKAQwJ
So fun fact: When you lock your $CVX and delegate to @StakeDAOHQ you can opt to receive your weekly rewards in $scrvUSD which is @CurveFinance yield bearing stablecoin.
Every week you get paid out and the funds sit there waiting for you to collect them but you don’t have to collect them weekly- you can collect 5-10 weekly batches literally months later at the same time and in a single transaction. Because the yield sits in scrvUSD while you wait to collect it, it continues to earn MORE yield while it sits there, 100% passively.
Your yield literally earns more yield for you until you’re ready to cash out.
If you want to know how to lock your $CVX tokens and earn $scrvUSD passively from them as described above, I made a full tutorial on how to do this here:
Convex Finance: How To Earn Double Digit Yield On Your CVX Tokens
https://t.co/sZyMzQyNaK
SDGP-63 is open for discussion: veSDT → vlSDT migration.
Key proposed changes:
↳ 1 SDT staked = 1 voting/boosting power (no decay)
↳ No lock period required
↳ 8-week exit queue (or instant exit with penalty)
↳ Existing veSDT migrates with full voting power immediately
Discuss on the governance forum ↓
Great walkthrough by @CredibleCrypto showing how to delegate @ConvexFinance vlCVX to Stake DAO and collect all rewards into a single token, @CurveFinance scrvUSD.
Why delegate to Stake DAO?
→ Stake DAO is the only delegation that optimizes across both Votium and Votemarket to maximize yield
→ All rewards are consolidated into scrvUSD—no manual claiming across multiple tokens
→ Set it once, collect scrvUSD every Tuesday
Full step-by-step with subtitles ↓