March 2024 activity report

Highlights

  • OnlyBoost deployed
  • First month of activity of the StakeDAO Association as benevolent service provider to the DAO

Product

March retrospective

  • Deployed OnlyBoost
  • Shipped OnlyBoost UI
  • Migrated all the strategies to the new architecture for massive gas cost improvement and better security
  • Migrated all the accumulators to the new architecture
  • Deployed trisdCRV pool on Arbitrum
  • Bridge UI for Stake DAO assets
  • TopCake referral system

Focus for April

  • New Votemarket analytics
  • Deploy a Fraxtal FXS locker
  • If possible deploy Votemarket on Fraxtal
  • Integrate point accounting for Ethena and LRTs
  • Votemarket cross-chain
  • New accumulator for Curve to adapt for new fee receiver
  • IFO Cake strategy
  • vsdCRV voting on Arbitrum

Business development

March retrospective

  • asdCRV/CRV Ajna lending pool on Ethereum
  • Delivered superior return to Aave liquidity committee (29% APR for their sdCRV bag v/s 19% APR for their cvxCRV bag)

Focus for April

  • Helping Aave acquire some SDT or veSDT boost, and convert to sdCRV their cvxCRV bag
  • Llamalend asdcrv pool
  • Selling Onlyboost
  • Selling our Pendle locker

Financials

[Stake DAO treasury](https://debank.com/profile/0xf930ebbd05ef8b25b1797b9b2109ddc9b0d43063)

P&L


StakeDAO Association report

  • Legal costs of March as well as domiciliation costs will be charged in April, for a total amount around $20k.

Legal & Governance

March retrospective

  • Decision on the future multisig structure
  • Grant allocated to StakeDAO Association
  • Migration of FXN Vote Bounty Manager

Focus for April

  • Commercial registration of the Association
  • Team alignment proposal
  • Recovery of missing Foundation funds
  • Multisig signers elections
6 Likes

Congrats everyone! Every report is packed with new products, new features, and positive updates about the Association’s setup.

2 Likes

Well done guys! Good to demonstrate higher returns to Aave with sdCRV > cvxCRV. Another month of impressive expansion and innovation.

2 Likes

Love these monthly updates. Thanks for taking the time to produce them Hubert.

1 Like