Stake DAO — Weekly Highlights 🐘
sdPENDLE Dominance - The Only PENDLE Wrapper Still Growing:
• Stake DAO is the ONLY @pendle_fi wrapper currently locking PENDLE
• $153K in vePENDLE rewards claimed for sdPENDLE, distribution over 4 weeks
• sdPENDLE offers full vePENDLE benefits: native rewards, voter APR, airdrops, fee sharing
vlCVX Delegation Record:
• 4.88M vlCVX now delegated to Stake DAO
• Only delegation voting on both Votemarket and Votium for optimal returns
• Delegators receive weekly rewards: direct tokens or swapped to scrvUSD
sdYB Expansion:
• sdYB holders can now vote in @yieldbasis gauge rounds
• Voting power replicated on-chain as veYB votes every Tuesday
• One-click migration available for existing veYB lockers
• Benefits: veYB native yield + SDT rewards + future optimized voting rewards
Votemarket Activity:
• Stake DAO deposited $14K to boost sdCRV/CRV liquidity, supporting sdCRV price
• Votemarket Optimizer available for vlCVX holders to maximize rewards
Rewards Distributed:
• $130K to Liquid Locker holders from voting power
• $10K to veSDT holders from protocol fees
Product Updates:
• October 2025 Report released — strong sdPENDLE performance highlighted
• Liquid Lockers preserve full voting rights while maximizing yields
Only wrapper still locking PENDLE: sdPENDLE growth continues.
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