Lazy Summer Governance Recap [January 2026]
![Lazy Summer Governance Recap [January 2026]](/content/images/size/w2000/2026/02/Template-1.png)
Hey all, your friendly green blob back again with the January governance wrap-up.
January marked a clear shift from preparation to execution. With SUMR now transferable and liquidity live, governance focused heavily on scaling yield sources, formalizing risk controls, and locking in longer-term protocol primitives like metagovernance, DAO-managed vaults, and emergency response tooling.
Below is the full breakdown of January’s governance activity across RFCs, SIPs, votes, and ongoing strategy threads.
Let’s start with the January overview of the forum metrics:
A total of 278 posts were recorded in January.
The DAU/MAU ratio averaged 31%, increasing by ~10% from the previous month.
DAO Metrics
| Parameter | December | January | Trend |
|---|---|---|---|
| Delegates | 548 | 59 | ↓ |
| SUMR Delegated | 368.57M | 175.11M | ↓ |
| DAO Treasury | $226,246 | $726,440 | ↑ |
| SUMR Holders | 6,080 | 6,381 | ↑ |
Delegate count decreased by 489 and delegated SUMR fell by 193.46M. The Lazy Summer DAO added $500,194 into its treasury. SUMR token holders rose by 299. These metrics are heavily correlated to migration from GOV V1 → GOV V2.
Protocol Metrics
| Chain | December | January | Trend |
|---|---|---|---|
| Ethereum | $69.64M | $52.40M | ↓ |
| Base | $16.37M | $9.78M | ↓ |
| Arbitrum | $3.49M | $2.46M | ↓ |
| Sonic | $1.15M | $1.00M | ↓ |
| HyperEVM | $0 | $2.10M | ↑ |
| TOTAL | $90.65M | $67.74M | ↓ |
Total TVL decreased by $22.91M in January.
| Asset Type | December (USD) | January (USD) | Trend |
|---|---|---|---|
| USD-pegged | $41.78M | $38.61M | ↓ |
| EUR-pegged | $3.02M | $2.20M | ↓ |
| Asset Type | December (USD) | January (USD) | Trend | December (ETH) | January (ETH) | Trend |
|---|---|---|---|---|---|---|
| ETH-pegged | $47.23M | $32.14M | ↓ | 15,909 | 15,902 | ↓ |
Notable RFCs:
- [RFC] Fund Arrakis Liquidity Vault on Base via Foundation Execution (January 2nd)
published by @jensei
Funding a SUMR/USDC Arrakis vault via Foundation execution to support post-launch liquidity and price stability.
- [RFC] Launch DAO Managed “Indexed” Vaults on the Lazy Summer Protocol (January 5th)
published by @chrisb
Introducing rules-based, DAO-managed vaults as a new product category distinct from BlockAnalitica-curated fleets.
- [RFC] Establish Guardian Module & Emergency Risk Controls (January 9th)
published by @jensei
Proposal to establish a tightly scoped, community-controlled emergency response layer.
- [RFC] Aerodrome Metagovernance (January 13th)
published by @MasterMojo
Exploring DAO-owned veAERO to sustainably direct emissions toward SUMR liquidity.
- [RFC] SUMR Liquidity management on Base (January 14th)
published by @Thomas
DAO-controlled protocol-owned liquidity via Arcadia Pro.
- Extensive Yield Source Expansion RFCs Including Morpho v2 vaults (High / Medium / Low priority), 40Acres, Royco Dawn, Lagoon Finance, Yield Basis, USD.ai, and multiple Base and Mainnet risk-cap expansions:
- [RFC] Onboard new yields sources and raise caps for USDC Higher Risk
- [RFC] Raise Base risk caps and add new yield sources to win Base market
SIPs in Focus:
- [SIP3.13] SUMR Staking V2 USDC Payout - December 2025 (January 5th)
published by @chrisb
Proposes distributing 5,775.20 USDC to SUMR Staking V2 participants for December 2025, representing 20% of protocol revenue earned since the staking module’s launch.
- [SIP5.5.6] December Payouts for Referral Campaign (January 6th)
published by @jensei
This SIP authorizes the December 2025 payouts for the Lazy Summer referral program, distributing 55,232.37 SUMR and 1,747.70 USDC to 579 eligible participants.
- [SIP5.15] Fund Aerodrome Ignition Incentives (January 7th)
published by @jensei
This SIP approves transferring 16.5M SUMR from the Lazy Summer DAO Treasury to the Foundation multisig to fund the DAO’s share of Aerodrome Ignition incentives for the SUMR launch on Base.
- [SIP3.11.3] Delegate Rewards Distribution (December) (January 7th)
published by @jensei
This SIP proposes distributing 165,650 SUMR to eligible delegates for December 2025, continuing the approved delegate compensation program to reward active governance participation.
- [SIP2.46] Onboard ETHplus to the Lower Risk ETH Mainnet Fleet (January 9th)
published by @jensei
This SIP proposes adding ETHPlus (ETH+), a diversified ETH staking index by Reserve Protocol, to the ETH Mainnet Lower Risk fleet.
- [SIP3.14] SUMR rewards for the HyperEVM Vaults (January 13th)
published by @chrisb
This SIP proposes allocating SUMR incentives to bootstrap liquidity for the new USDC and USDT vaults on HyperEVM, targeting a 16% rewards rate during the remainder of the current cycle.
- [SIP5.16] Enable transferability of the SUMR Token (January 14th)
published by @chrisb
This SIP proposes enabling SUMR token transferability on Base ahead of its Aerodrome Ignition launch, allowing SUMR to begin trading and establish a market price.
- [SIP5.17] SUMR Liquidity management on Base (January 16th)
published by @Thomas
This SIP authorizes the deployment of protocol-owned SUMR liquidity on Base using a DAO-controlled Arcadia Pro account, funded with stablecoins and SUMR from the DAO treasury.
- [SIP5.18] Aerodrome Metagovernance (January 21st)
published by @MasterMojo
This SIP proposes acquiring a DAO-owned veAERO position to enable direct metagovernance on Aerodrome, allowing the Lazy Summer DAO to consistently steer AERO emissions toward $SUMR liquidity pools.
- [SIP5.17.1] SUMR Liquidity management on Base - SUMR amount (January 22nd)
published by @Thomas
This sub-SIP proposes increasing the SUMR allocation for the Base protocol-owned liquidity position by an additional 5.4M SUMR to improve balance after initial price discovery.
- [SIP2.47] Onboard OUSD to the Lower Risk USDC Mainnet Fleet (January 26th)
published by @pete
This proposal suggests onboarding Origin Dollar (OUSD) into Lazy Summer’s lower-risk USDC mainnet vault to diversify yield sources and expand TVL.
- [SIP5.19] Engage BlockAnalitica to create the DAO Managed Vaults Risk Framework (January 29th)
published by @chrisb
This SIP seeks DAO approval to fund BlockAnalitica with $25,000 to design a risk framework for upcoming DAO-managed vaults.
- [SIP0.2] Establish Guardian Module & Emergency Risk Controls (January 30th)
published by @jensei
This SIP proposes establishing a tightly scoped Guardian Module—a DAO-appointed multisig with limited, temporary powers to respond to high-severity emergencies.
- [SIP2.48] Onboard Morpho V2 Vaults to WETH Lower Risk on Ethereum (Janaury 30th)
published by @chrisb
This SIP proposes onboarding two Morpho v2 WETH Prime vaults to the Ethereum Lower Risk WETH fleet, adding scalable, low-risk base yield from Morpho’s safest v2 strategies.
- [SIP2.49] Onboard Morpho V2 Vaults to USDC Lower Risk on Ethereum (January 30th)
published by @chrisb
This SIP proposes onboarding four Morpho v2 USDC Prime vaults to the Ethereum Lower Risk USDC fleet, adding highly scalable, conservative yield sources to anchor base USDC returns.
- [SIP2.50] Onboard Morpho V2 Vault to USDC Higher Risk on Ethereum (January 30th)
published by @chrisb
This SIP proposes adding the Yearn OG USDC Morpho v2 vault to the Ethereum Higher Risk USDC fleet, expanding access to a proven Morpho-based strategy with higher yield potential.
- [SIP2.51] Onboard Morpho V2 Vault to USDT Lower Risk on Ethereum (January 31st)
published by @chrisb
This SIP proposes onboarding the Steakhouse High Yield Instant USDT Morpho v2 vault to the Ethereum USDT fleet, expanding Morpho-based yield options for stablecoin allocations.
Tally Votes:
Published (January 7th) / ✅ Passed & Executed
Published (January 7th) / ✅ Passed & Executed
Published (January 7th) / ✅ Passed & Executed
Published (January 7th) / ✅ Passed & Executed
Published (January 7th) / ✅ Passed & Executed
Published (January 14th) / ✅ Passed & Executed
Published (January 15th) / ✅ Passed & Executed
Published (January 16th) / ✅ Passed & Executed
Published (January 21st) / ✅ Passed & Executed
Published (January 22nd) / ✅ Passed & Executed
Published (January 30th) / ✅ Passed & Executed
Published (January 30th) / ✅ Passed & Executed
Published (January 30th) / ✅ Passed & Executed
Published (January 30th) / ✅ Passed & Executed
Published (January 30th) / ✅ Passed & Executed
Strategy, Transparency & Deep Dives
Several longer-form threads advanced strategic clarity and accountability:
- SUMR Tokenomics & Emissions Analysis
- Assessing Launch Marketing Effectiveness
- Aerodrome Metagovernance Transparency Reporting
- SUMR Liquidity Management Transparency Reporting
- Morpho v1 → v2 Transition Analysis
- Tranching Lazy Summer Vaults via Royco Dawn
Community Calls
Four community calls were published in January, covering:
- DAO-managed vaults
- Risk caps and yield sources
- Hyperliquid / HyperEVM updates
- SUMR launch week, farming, and next steps
Delegates & Risk
- New and updated delegate statements from Blockful and Anode.GG
- Ongoing risk framework development with BA Labs
- Dedicated assessments for HyperEVM collateral exposures
Looking Ahead
January closed with momentum and complexity:
- SUMR is live and liquid
- Governance throughput is high
- Risk controls are formalizing
- DAO-managed products are approaching launch
February is expected to focus on execution quality, monitoring, and refinement, as the DAO shifts from building primitives to operating them at scale.
Get Involved:
Catch full details and join ongoing discussions on the forum and governance dashboard:
- Discord: Summer.fi
- Forum: https://forum.summer.fi
- Onchain Governance: https://gov.summer.fi
- Offchain Governance: [Snapshot]
- Calendar: Notion / Google
- DAO Dashboard: https://dune.com/lazysummer/lazy-summer-dao-governance
- Protocol Dashboard: https://dune.com/lazysummer/lazy-summer-protocol
- Token Dashboard: https://dune.com/lazysummer/sumr-claims
As always, massive thanks to all @Recognized_Delegates, contributors, and community members for keeping governance thoughtful, transparent, and constructive.
See you on the Discord or Forum
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