Highlights
- Team working retreat to define the roadmap for Stake DAO post Onlyboost deployment**
- Half yearly community conference to review H1 performance and propose the roadmap for the next half year
- Finished the Fraxtal integration and other pending task before starting to work on the roadmap roll-out
Product
June retrospective
- Finished the Fraxtal integration
- Deployed VM on Base and Optimism
- Distributed pending veSDT fees
- Onlyboost activity bot
- Point accounting for Pendle strategies
- Various updates and improvements on both Votemarket and the Liquid Lockers
- CAKE IFO UI
- Token vesting contract for SDGP#36
Focus for July
- Cross-chain Pancakeswap strategies
- Votemarket v2 specs
- Update Curve accumulator to distribute crvUSD
- X-chain messaging system part of Votemarket v2 ready for review
- Update of the UI to implement a Stake DAO API
Business development
June retrospective
- Locked >13m CRV
- Became #2 CRV holder overtaking Yearn
- Layer Zero RFP and Airdrop distribution
- Created asdCRV yield market with $1.6m TVL
- CAKE IFO done successfully, bringing a lot of revenue for sdCAKE holders
- Added Stake DAO tokens to etherscan
- Finished the spending of the STIP grant
Focus for July
- asdCRV llamalend on Arbitrum
- Polygon grant
- Apply for a new Arbitrum grant
- Creation of the marketing fund
- Obtaining from Aladdin that they do an asdPENDLE
Financials
P&L
CRV price action is not helping our Votemarket or Locker or Treasury revenues. However we had some treasury revenues classified here as exceptional as they represent more than one month of yield, and which are allowing us to stay in positive territory this month.
This was the last month of the H1-24 grant, we end up with an $89k surplus that is being deducted from the H2 grant request.
Legal & Governance
June retrospective
- SDGP#38: fee harmonisation
- Strategic community conference and H1-24 grant report
- Improved the security standards for all centralized pieces linked to Stake DAO Association (github, vercel, google, etc.)
- Recovered 20% of missing Foundation SDT
Focus for July
- Recovery remaining missing Foundation funds
- Finish the transfer of all centralized pieces’ ownership to the Association
- Team alignment execution
- IP protection