Executed

SIP3.11: Delegate Rewards Distribution (September)


ID 322319...2078

ID 322319...2078

Proposed on: Oct 8th, 2025

Proposed on: Oct 8th, 2025

Result details
Final Votes

Quorum

281.56M of 145.68M

Majority support

Yes

For

281.56M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x194f...1624

approve(..)

Custom

Account

0x194f...1624

Method

approve(..)

Custom

0x194f...1624

transferFrom(..)

Custom

Account

0x194f...1624

Method

transferFrom(..)

Custom

0x194f...1624

transferFrom(..)

Custom

Account

0x194f...1624

Method

transferFrom(..)

Custom

0x194f...1624

transferFrom(..)

Custom

Account

0x194f...1624

Method

transferFrom(..)

Proposal

Overview:

This proposal continues the delegate compensation program first approved in [SIP5.6], this time applying it to September 2025. The goal is to sustain high-quality governance engagement and reward meaningful participation from active delegates across Lazy Summer Protocol governance.


Motivation:

Active and accountable delegates remain a cornerstone of protocol governance. September 2025 featured critical discussions around SUMR transferability, Governance v2 audit progress, and multiple RFCs for new vaults and integrations. Compensating delegates for their time and contributions ensures continued accountability and engagement.


Specification:

  • Rewards Token: SUMR
  • Source of Rewards: Lazy Summer DAO Treasury (Base)
  • Total Distribution Amount: 140,599.95 SUMR
  • Distribution Schedule: One-time disbursement following onchain approval
  • Eligibility Period: September 1st - September 30th (2025)
  • Distribution Method: Direct transfer to verified delegate wallet addresses

Risk Assessment:

  • Onchain vote will authorize SUMR disbursement from DAO Treasury.
  • Delegate participation data was sourced from the Lazy Summer Governance Dashboard.
  • The final delegate list and breakdown is 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.

Voting:

If YES - Approve 140,599.95 SUMR disbursement to eligible September delegates.

If NO - Do not compensate for September; continue with further discussion.

Final Votes

Quorum

281.56M of 145.68M

Majority support

Yes

For

281.56M

Against

0

Abstain

0

Final Votes
Status

Wed Oct 8, 12:40 pm

Draft created

Wed Oct 8, 01:31 pm

Published onchain

Thu Oct 9, 01:31 pm

Voting period started

Sun Oct 12, 01:31 pm

Voting period ended

Mon Oct 13, 08:31 am

Proposal queued

Tue Oct 14, 09:32 am

Proposal executed