1. Overview:
This proposal continues the delegate compensation program first approved in [SIP5.6], this time applying it to January 2026. The goal is to sustain high-quality governance engagement and reward meaningful participation from active delegates across Lazy Summer Protocol governance.
Extending [SIP3.11.3] (December Distribution) to [SIP3.11.4] (January Distribution).
This proposal includes the 1st distribution of rewards to Aerodrome Metagovernance signers.
2. Motivation:
Active and accountable delegates remain a cornerstone of protocol governance. January 2026 shifted the DAO into a more reflective and forward-looking mode; addressing SUMR transferability, incident response, HyperEVM deployment, and more. Compensating delegates for their time and contributions ensures continued accountability and engagement.
3. Specification:
| Item | Value |
|---|
| Rewards Token | SUMR |
| Source of Rewards | Lazy Summer DAO Treasury (Base) |
| Total Distribution Amount | 189,214.00 SUMR |
| Distribution Schedule | One-time disbursement following onchain approval |
| Eligibility Period | January 1st – January 31th (2026) |
| Distribution Method | Direct transfer to verified delegate wallet addresses |
3.1 Aerodrome Metagovernance Stipend
As covered in the [SIP5.18] the Aerodrome Metagovernance signers requested to include a monthly payment. Labs Co team members has confirmed waiver of their stipend - therefore, the DAO spending on monthly payment now includes @MasterMojo and @Sixty in January delegate rewards distribution.
3.1.1 Stipend Calculation Methodology
- Prorating the $1,000
- January has 31 days.
- Work performed = 11 days (Jan 21-31)
Proration = 11/31 = 0.3548387
Adjusted Payment = 1000×0.3548387 ≈ 354.84 USD
- Daily Prices & Volumes Used
| Date | Close (USD) | Volume (USD) |
|---|
| Jan 22 | ≈ $0.01172212 | Not published |
| Jan 23 | $0.01093483 | $1,028,147 |
| Jan 24 | $0.01092600 | $208,739 |
| Jan 25 | $0.01093606 | $197,321 |
| Jan 26 | $0.01101543 | $111,332 |
| Jan 27 | $0.01262968 | $207,881 |
| Jan 28 | $0.00754490 | $1,037,597 |
| Jan 29 | $0.00758862 | $1,525,421 |
| Jan 30 | $0.00655323 | $204,921 |
| Jan 31 | $0.00570127 | $72,175 |
Note: Jan 22 price is from a previously referenced dataset estimate; volume for Jan 22 was not available from CoinGecko.
- Volume-Weighted Average Trading Price (VWAP)
For VWAP we need price×volume. But since we don’t have Jan 22 volume, we’ll exclude Jan 22 from the VWAP weighting (meaning VWAP is for Jan 23–30, essentially removing first and last day of trading from the set).
VWAP = SUM (Price x Volume) / SUM Volume
- SUM (Price x Volume) ≈ 40,291
- SUM (Volume) ≈ 4,521,359
- VWAP (Jan 23-30) ≈ $0.00891
- Convert $354.84 to SUMR
- 354.84/0.00891 ≈ 39,832 SUMR
4. Risk Assessment:
- Onchain vote will authorize SUMR disbursement from the DAO Treasury.
- Delegate participation data was sourced from the Lazy Summer Governance Dashboard.
- The final delegate list and breakdown is made publicly available here.
- Any entity may only receive compensation through a single verified delegate address.
- Suspected Sybil delegates will be excluded, subject to verification by @Recognized_Delegates.
5. Voting:
If YES - Approve 189,214.00 SUMR disbursement to eligible January delegates.
If NO - Do not compensate for January; continue with further discussion.
