Lazy Summer July Recap —Governance, Metrics & New Proposals

July was 🔥, and not just the weather.

From vault expansions to protocol upgrades & the SUMR Transfer WG kickoff… Here’s everything that went down in Lazy Summer DAO. 👇

DAO Activity: Up & to the right

• Forum posts: 146 (+ from June)
• DAU/MAU: 38% (more daily engagement!)
• Delegates: 510 (+ from June)
• SUMR delegated: 348.96M (+5M)
• Treasury: $129K (+$27K)
• SUMR holders: 4,927 (+300)

We love an active Summer ☀️

Protocol TVL Shifted

Total TVL dropped from $120.5M → $113.1M

Ethereum: +$1.7M
Base Network: -$3.5M
Arbitrum: -$3M
Sonic Labs: -$3.4M

Market movements and some temporary vault withdrawal queues contributed to the issue, but no user funds were affected. ✅

Asset Breakdown: EUR Season?

• ETH-pegged: $54.8M (↓)
• USD-pegged: $56.7M (↓)
• EUR-pegged: $3.2M (↑)

Biggest move? EUR-pegged assets +$1.1M

Key RFCs in July

Lots of great ideas floating through the Lazy Summer forums:

• Tokenizing vault shares via Merkl
• Upgrading SUMR for better governance staking
• Launching a BTC Fleet
• RWA vaults for institutional allocators
• SUMR Transfer Readiness Working Group (TR-WG) kickoff

Catch them all → https://forum.summer.fi

Notable SIPs (Proposals)

The Lazy Summer DAO has:

• Integrated several Silo vaults across Mainnet, Arbitrum & Sonic
• Upgraded Raft & Admirals Quarters contracts for smoother UX
• Added sUSDe and stETH ARM to Mainnet vaults
• Formalised the SUMR TR-WG
• Prepped SUMR token contracts for Merkl rewards

The DAO keeps shipping!

Tally Votes (All Passed)

Every SIP on Tally in July PASSED & was executed.

The Lazy Summer DAO has:

• Added 5 new ARKs across vaults
• Established delegate reward distribution (June)
• Upgraded multi-chain contract
• Kicked off SUMR TR-WG charter + SUMR token whitelisting for Merkl

Governance is running smoothly!

Where to Stay Plugged In

→ Discord: https://discord.com/invite/summerfi
→ Forum: https://forum.summer.fi
→ Onchain Gov: https://gov.summer.fi
→ DAO Dashboard: https://dune.com/lazysummer/lazy-summer-dao-governance
→ Protocol Dashboard: https://dune.com/lazysummer/lazy-summer-protocol
→ Token Claims: https://dune.com/lazysummer/sumr-claims

Big thanks to all Summer.fi delegates and community!
The DAO doesn’t move without your work, votes, and discussions.

And to everyone racing for yield in the vaults: keep applying sunscreen & keep beating the bots
https://summer.fi/earn?game