Stake DAO
Stake DAO | DeFi's Yield Hub

DeFi'sYieldHub.

Higher yield, hands-off, maximum boost.

—Strategies TVL
—Total Value Deposited
—Lockers TVL

The flywheel

Every part of Stake DAO feeds the next: more deposits deepen governance power, which deepens the boost.
One flywheel, three ways in

Choose your entry point.

Boost your yield.

ETH
USD
BTC
Lending

Borrow without losing your yield.

Your LP tokens keep earning boosted yield while you borrow against them. Nothing unstaked, nothing lost. Go further and loop: redeposit what you borrow to lever up your boosted exposure.
Your positionEarning
msUSDfrxUSD
msUSD/frxUSD LP$120,450 collateral
14.2% APR
Earned1,248.3172 CRV
frxUSD
Borrowed40,000 frxUSD
Health1.78
Powered byMorphoMorpho

The engine behind the boost

Strategies aren't boosted by magic. Every governance token deposited into a Liquid Locker grows Stake DAO's permanently locked voting power, the same power that directs gauge weight toward the Strategies you use.
01

Deposit

Add a governance token (CRV, FXN, or YB) into a Liquid Locker. No minimum, immediately transferable.
02

Stay liquid

Receive a tradable sdToken in return. Sell it, stake it, or use it elsewhere: your position stays liquid.
03

Lock governance power

Stake DAO locks the underlying token permanently, accumulates veCRV, veFXN, and veYB, and directs that power toward the Strategies you use.
Votemarket

Your voting power earns.

Every week, your sdTokens direct gauge votes toward liquidity pools. On Votemarket, token issuers pay for that influence: on-chain campaigns reward every vote you cast. Open to any protocol with vote-escrowed governance, not just the SDT ecosystem. You can also delegate your vote to Stake DAO for automated and optimised vote allocation.
msUSD/frxUSDmsUSD/frxUSD
crvUSD/USDTcrvUSD/USDT
frxUSD/USDCfrxUSD/USDC
sdCRV
Live campaigns

vlSDT, the fuel behind the boost

Stake SDT, get vlSDT: full, constant voting power on Stake DAO's governance from day one. vlSDT also amplifies the voting weight of your sdTokens, powering deeper boosts across every Strategy. Not using that boost? Rent it out on the Boost Marketplace and increase your vlSDT yield.
Amplify the gauge voting weight of every sdToken you hold: deeper boost, better incentives.
7dEarn a share of all protocol fees, distributed every weekly epoch.
1:1Stake SDT, receive vlSDT instantly. No minimum, no cliff, no voting-power decay.
8wExit through an 8-week withdrawal queue, not a multi-year lock.
or rent out your boost →
SDT
vlSDT

Boost Marketplace

An on-chain order book that turns locked governance power into a measurable, tradable yield boost. Transparent. Weekly. On-chain. Where Votemarket pays you for the votes you cast, here the boost itself changes hands.
vlSDT
sdCRV
Boost order bookWeekly epoch
Sell
948,000 SDT
312,500 SDT
87,200 SDT
624,800 SDT
Buy
726,400 SDT
45,600 SDT
489,300 SDT
132,700 SDT
Sellers

vlSDT holders

List their boost for sale: price per week, max duration, and accepted payment token. Earn yield on idle voting power.
Buyers

sdToken holders

Rent boost on demand to amplify their own voting power and earn boosted yield, without accumulating vlSDT themselves.
Ecosystem

Built across the governance tokens that matter.

Curve
CurvesdCRV
YieldBasis
YieldBasissdYB
f(x) Protocol
f(x) ProtocolsdFXN
Spectra
SpectrasdSPECTRA
Read the security audits
FAQ

Frequently asked questions.

Stake DAO is a DeFi protocol that boosts LP yield by accumulating deep governance power through Liquid Lockers. It gives users access to boosted strategies on Curve, f(x) Protocol, and YieldBasis without requiring them to lock tokens themselves.

Liquid Lockers let you deposit governance tokens (CRV, FXN, or YB) into Stake DAO. You receive a tradable sdToken in return while Stake DAO permanently locks the underlying token to accumulate veCRV, veFXN, and veYB.

A Boosted Strategy is a yield vault that uses Stake DAO's accumulated governance power to direct gauge weight toward your LP positions, amplifying APY beyond what any unboosted vault can offer.

OnlyBoost automatically splits your deposit between Stake DAO and Convex, routing it to whichever pays the best yield at any given time, so you always get the strongest boost available from a single deposit instead of managing two separate positions. Watch the announcement.

Stake DAO's original staking design, the same mechanic Convex still uses today, pools LP deposits into a vault that accumulates boosted rewards and streams them out over the following week. That design has a flaw: a new depositor earns nothing in their first week since rewards only arrive the week after, and anyone who withdraws before then forfeits their share to whoever stays. New deposits also dilute the reward stream for depositors who were already there, effectively riding on rewards those earlier depositors earned. Staking v2 fixes this with real accounting: it tracks exactly who deposited what and when, and routes rewards to exactly the depositors who earned them.

vlSDT is vote-locked SDT. Stake SDT to receive vlSDT with no vesting cliff and no voting-power decay. vlSDT holders earn weekly protocol fees, vote in governance, and can sell or delegate boost through the Boost Marketplace. Exit is available via an 8-week withdrawal queue.

The Boost Marketplace is an on-chain order book where vlSDT holders sell boost delegation and sdToken holders bid to acquire it. Price discovery is fully transparent and on-chain, refreshed every weekly epoch.

Votemarket is an open incentive layer for any protocol with vote-escrowed governance. Protocols create on-chain campaigns to pay for gauge votes, and voters, including Stake DAO's sdToken holders, earn rewards for directing their influence. Not limited to the SDT ecosystem.

Start boosting your yield.

Join the protocols, lockers, and voters that power the deepest governance engine in DeFi.