#SDGP 13: Distribute Liquid Locker bribes in sdTOKEN if the pool sdTOKEN:TOKEN peg is below 1:0.99


This proposal aims to allow the sdTOKEN gauge holders to receive bribes in sdTOKEN rather than SDT when the sdTOKEN:TOKEN peg is below 1:0.99 in the corresponding pool.


Stake DAO has been distributing bi-monthly bribes based on sdTOKEN voting powers for months now. Currently, the claim bribes are sold against SDT and then distributed to sdTOKEN-gauge holders who are eligible for bribes.

The motivation behind this proposal is to use the bribes as an additional tool to support the sdTKN pegs. In practice, whenever an sdTKN peg would be below 1:0.99, the bribe distribution token would be sdTKN (acquired from the market).This new system should considerably help to stabilize the peg of the sdTOKENs towards 1:1 in the long run and will increase the attractivity of the Liquid Lockers as a whole.

That way, when an sdTKN peg is healthy, bribes support SDT price, inviting users to lock SDT. When a peg is unhealthy, bribes are supporting it. This system directs users to the healthiest and most interesting solution for them.

Human resources: Minimal developer time needed
Treasury resources: No treasury resources needed

Technical Implementation: Add a merkle tree for sdTKN in the bribe distributions

Proposal specifications:
Admin: veSDTsdTKN holders
Community feedback: 2 days minimum
Voting Duration: 5 days

Voting options:

  • Yes, accept the proposal
  • No, reject the proposal
  • Abstain

0 voters


SDT and sdTKN are boths valuable for StakeDAO members but if sdTKN peg offer good discount StakeDAO members should be first who benefiting from this market opportunity. I am support this proposal!


Helps the peg, helps the locking.