Stake DAO is live

Stake DAO
5 min readJan 20, 2021


Welcome to Stake DAO — a new multi-service DeFi platform built by the community.

The entire DeFi ecosystem has been leveraged to give you access to the most effective and the most unique investment strategies.

All the incredible products by our friends at Yearn, Curve, Pickle, Badger and more are now available in one decentralised location, which users can access with just an email address or web3 wallet.

Stake DAO removes the need to stake your assets across multiple platforms. We provide a simple solution for staking a variety of tokens all from one dashboard. From Stake DAO, users can search through the best of DeFi and choose from the best products to help them beat the market.

As well as providing access to all the best current DeFi protocols, we also give our users the opportunity to invest into newer or more unique sectors of crypto and decentralised finance.

Stake DAO users will be able to invest in NFTs used in systems such as Sorare, Axie Infinity or Cometh through the first NFT Hedge fund — BlackPool.

Brand new concepts such as Social tokens will also be condensed into unique index funds, meaning users can easily gain exposure to the newest emerging digital economies.

What were once private strategies limited to only a few skilled developers, are now available for all to use. Users can deposit into advanced DeFi concepts which generate profit through Liquidation bots or Flashloan strategies.

Convert fiat to crypto with Stake DAO. Users can purchase a range of crypto assets including ETH, DAI, or USDC, directly from their bank account or debit card with EUR, GBP or USD, providing a seamless on ramp to DeFi and the entire crypto industry. These assets can then be swapped into any one of the hundreds of tokens available in Stake DAO Swap.

We support DeFi on all networks, not just Ethereum. Stake DAO also supports Polkadot, Solana and Near, with plans to add further networks in the future with features such as liquid staking and cross-chain bridges.

By combining email access with a fiat on ramp, simple token staking and access to a range of investment strategies, we are providing the best possible entry to DeFi, encouraging more people to take control of their finances, and furthering the progress towards mass adoption.

Once users have on-boarded and staked their assets, in addition to receiving rewards in their staked currency, our users will be rewarded with the Stake Dao Token (SDT).

Stake DAO Token

SDT is the token of Stake DAO, earned by users who deposit their tokens into the DAO.

After a set duration, SDT tokens are disbursed to all users in proportion to the amount of fees that their deposit generated for the DAO.

SDT holders can then stake their earned SDT to receive a share of the DAO fees.

Claiming rewards requires no action from the user.

The SDT token will also provide governance rights to the holder, and Stake DAO will become unstoppable — a fully governance controlled DeFi protocol.

SDT holders will then be able to vote on topics such as adding a new token to the DAO or changing token distribution rates, or they can use their SDT to open a new vote, and propose other changes to the DAO.

By giving both DAO staking rewards and governance rights to SDT stakers, we turn all our users into active Stake DAO stakeholders. This system not only rewards early adopters with more voting power, it also rewards collective long-term thinking and aligns the incentives between SDT holders and the Stake DAO protocol beyond a simple service provider relationship.

Liquidity providers or anyone who receives SDT may choose to sell their SDT token to buyers who wish to use it in order to receive cashback. Since the active supply of SDT token is always increasing due to investors receiving freshly minted SDT, the share of inactive SDT holders will continually be diluted. Therefore, SDT holders have a strong incentive to also become Stake DAO service investors in order to avoid dilution.

Stake DAO is a flexible system that will grow and develop along with the DeFi industry. Any developer or protocol that wishes to offer their services to the DAO can simply make a pull request on Github, and the SDT token holders will decide whether their proposal passes or not.

This community driven approach means Stake DAO will always provide users with exposure to the latest opportunities, and will encourage growth across the industry by providing developers with a platform from which to grow their protocol.

Stake DAO will airdrop a percentage of the token supply.

The airdrop will go to:

How many? 1.5 million SDT tokens (1.5% of total SDT supply)

To Who?

We have created a list of addresses who are active members of the following projects:

  • Gitcoin Round 8 Donors (39% airdrop)
  • $JULIEN holders (5% airdrop)
  • Addresses registered with RektHQ (5% airdrop)
  • Lido contract depositors (5% airdrop)
  • Arbitrage DAO users (1% airdrop)
  • Participators in governance of the following protocols (45% airdrop)
  • Aave
    Dollar protocol

Airdrop Start Time: 1611182233

Wednesday, 20 January 2021 22:37:13 GMT

Airdrop End Time:

Wednesday, 20 January 2021 22:37:13 GMT + 12 days

Airdrop Details

You will be able to claim your SDT from Wednesday, 20 January 2021 22:37:13 GMT.

After a period of 48 hours — Friday, 22 January 2021, 22:37:13 GMT, the claimable amount will begin to decrease by 10% every day for 10 days.

Any unclaimed token will be claimed by the multisig and will be redistributed at a later stage to users that:

  1. Partake in Stake DAO Governance
  2. Provide SDT liquidity on Sushiswap and Uniswap
  3. Provide liquidity to the Vaults and other products
  4. Participate in governance proposals
  5. Contribute to the Stake DAO ecosystem/community

Within a very short time you will be able to stake your Uniswap LP tokens via the interface to receive more SDT.

SDT LP Stakers will receive 5 SDT per block

Stake Dao Token (SDT) deployed at: 0x73968b9a57c6E53d41345FD57a6E6ae27d6CDB2F

SDT / ETH Pool :