BA Labs framework design proposal for SummerFi DAO-managed Fleets

As per the initiative to launch DAO-managed fleets, SummerFi DAO aims to introduce a new category of fleets to capture more risk-averse users, distinct from Block Analitica risk-curated vaults that prioritize risk‑adjusted yield.

“DAO-Managed vaults aim to:

  • Track a broad, competitive set of DeFi yield sources (“top of vaults.fyi” type yields)
  • Use a transparent, rules-based framework instead of case‑by‑case expert curation
  • Make the risk/return tradeoff extremely clear to users in product copy and UI”

The intent is not to add a separate, clearly labeled product line (aka “Indexed” vaults) for users who explicitly opt into higher‑risk yield access. (Please refer to the full forum proposal by @chrisb above for details).

Here, BA Labs shares a proposal for building, monitoring, and updating of the proposed initial basic framework for ARK acceptance to those kinds of fleets.

Scope of Work

  • creating initial framework design including defining the inclusion rules and types of categories for ARKs (to be proposed by BA Labs in a separate forum post, if this proposal is to be accepted)
  • proposing the initial set of parameters for ARK onboarding to DAO-managed fleets according to the framework
  • monitoring & updating parameters according to market conditions

The proposed compensation structure for the above consists of a one-time $25k for building framework design, and 5% protocol fee share (75% decrease from the current setup for BA-managed fleets) for monitoring & updating the framework, and general alignment.

Important note:
BA Labs emphasizes the fact that the proposed new category of SummerFi fleets, to be labeled as “Indexed vaults”, are not and will not be under management by Block Analitica. This includes no formal collateral and underlying protocol assessments, nor any type of monitoring of changes within a specific ARK (available liquidity, collateral composition, pool/vault configuration, timelocks, etc.), which is the case with “Risk-adjusted” vaults, managed by BA Labs.
The above proposal is to help in constructing (& updating) the initial rule-based framework for the SummerFi DAO to use when deciding on the ARK selection and onboarding processes, automated monitoring (potentially using SummerFi keepers infrastructure).

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Hey @BlockAnalitica , it seems there are two conflicting statements here. Could you provide more detail as to the level of your engagement once the framework design is complete?

Since there will be a 5% protocol fee for monitoring and updating the framework, does this mean this work will only be done periodically (e.g., quarterly)?

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Thanks for the questions and feedback.

The ongoing maintenance of the framework is to be done (proposed) periodically to adjust to the overall market movements, and in collaboration with the SummerFi team to calibrate the parameters to suit the keepers actions.

As per initial proposal, each proposal to adjust the framework afterwards, would essentially be a subject to a DAO vote, hence the “DAO-managed” vaults.

To bring more clearance around the fee share, the proposed 5% is not a direct cut from the yield but rather 5% of the performance fee (e.g. 20%) protocol decides to take for this type of vaults. It is to be attributed mainly to maintenance costs of the framework, as described above, and to contribute to long-term alignment.

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Thanks for the clarity :handshake:

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