Hey all, your friendly green blob here to wrap up another big month for Lazy Summer DAO. October brought us +7 RFCs, +9 SIPs, and +6 Onchain Votes.
It’s not just summer anymore, it’s SUMR. Transferability, staking, and real utility are on the horizon!!!
Here is the October overview of the forum metrics:
A total of 153 posts were recorded in October showing increased activity in governance.
The DAU/MAU ratio averaged 27%, suggesting a slight increase in daily activity.
New Delegate Spotlight: @Ignas, has joined the Lazy Summer DAO, and shared his delegate statement; check it out here.
DAO Metrics
| Parameter | September | October | Trend |
|---|---|---|---|
| Delegates | 521 | 536 | ↑ |
| SUMR Delegated | 360.5M | 369M | ↑ |
| DAO Treasury | $186,033 | $198,981 | ↑ |
| SUMR Holders | 5,536 | 5,840 | ↑ |
Delegate count climbed +15 and delegated SUMR grew by 8.5M, showing continued confidence in Lazy Summer Protocol governance. The Lazy Summer DAO added +$12K into its treasury and SUMR token holders rose by over +300, growing the community further.
Protocol Metrics
| Chain | September | October | Trend |
|---|---|---|---|
| Ethereum | $143.19M | $129.36M | ↓ |
| Base | $25.12M | $25.43M | ↑ |
| Arbitrum | $9.81M | $10.94M | ↑ |
| Sonic | $4.61M | $6.38M | ↑ |
| TOTAL | $182.73M | $172.11M | ↓ |
Total TVL decreased by $8.6M in October, driven primarily by Ethereum and the 22.9% (1m) decrease in the $$$ price of ETH the asset.
| Asset Type | September (USD) | October (USD) | Trend |
|---|---|---|---|
| USD-pegged | $72.70M | $73.27M | ↑ |
| EUR-pegged | $3.27M | $3.2M | ↓ |
| Asset Type | September (USD) | October (USD) | Trend | September (ETH) | October (ETH) | Trend |
|---|---|---|---|---|---|---|
| ETH-pegged | $107.89M | $95.53M | ↓ | 26,035 | 25,206 | ↓ |
ETH-pegged assets decreased (-$12.36M / -829 ETH), USD-pegged increased (+$570K), and EUR-pegged decreased by a about -$70K.
Notable RFCs:**
- [RFC] Onboarding Extrafi XLend USDC into Summer.fi USDC Base vault (October 17th)
published by @Extrafi_Cecilia
Suggests adding Extrafi XLend USDC to the Base USDC vault on Lazy Summer.
- [RFC] Expedited Upgrade of all Fluid Arks (USDC, USDT, ETH) to Enable Reward Harvesting (October 21st)
published by @halaprix
Seeks to urgently upgrade all Fluid Arks (USDC, USDT, ETH) to the new FluidFTokenArk.sol contract, enabling reward harvesting that is currently inaccessible.
- [RFC] Staking V2 Launch Parameters incl. Revenue Share (October 21st)
published by @chrisb
Introduces the proposed parameters for SUMR Staking V2, a major upgrade enabling USDC revenue sharing with SUMR stakers for the first time.
- [RFC] Onboard kpk ETH Gearbox pool to the mainnet ETH vault (lower risk) (October 24th)
published by @kpk
Suggests adding the kpk-curated ETH Gearbox pool as a new yield source for the Mainnet ETH Lower-Risk vault on the Lazy Summer Protocol.
- [RFC] Renew Lazy Vault SUMR Rewards from Nov 11th 2025 (October 29th)
published by @chrisb
Seeks community input on extending SUMR token rewards for Lazy Vaults after the current program ends on November 11, 2025.
- [RFC] Deploy Lazy Summer Protocol to Hyperliquid HyperEVM (and pre-deploy on select new networks with 0 deposit caps) (October 29th)
published by @samehueasyou
Proposes deploying Lazy Summer on Hyperliquid’s HyperEVM with vaults for USDC, USDT, and USDH, tapping into its native yield markets (HLP, HyperLend, Felix, MorphoBeat).
- [RFC] Onboard ETH Lower Risk Vault on Arbitrum (October 30th)
published by @jensei
Proposes adding a Lower Risk ETH vault to Lazy Summer on Arbitrum, addressing the current lack of ETH yield options.
SIPs in Focus:
- [SIP3.11] Delegate Rewards Distribution (September) (October 3rd)
published by @jensei
- [SIP2.31] Add Euler Earn Strategy to USDC Mainnet – Higher Risk Vault (October 7th)
published by @samehueasyou
Proposes adding Hyperithm’s Euler Earn USDC Strategy to the USDC Mainnet Higher Risk vault in the Lazy Summer Protocol.
- [SIP2.32] Add Morpho Strategy to USDC Arbitrum – Lower Risk Vault (October 7th)
published by @samehueasyou
Proposes adding Hyperithm’s Morpho USDC Strategy to the USDC Arbitrum Lower Risk vault in the Lazy Summer Protocol.
- [SIP5.5.3] September Payouts for Referral Campaign (SIP5.5) (October 8th)
published by @chrisb
- [SIP2.33] Add Morpho Strategy to USDC Mainnet - Lower Risk Vault (October 14th)
published by @rspa_StableLab
Proposes adding Keyrock’s Morpho v2 USDC Vault into the USDC Mainnet – Lower Risk vault.
- [SIP2.34] Add stUSDS to USDC Mainnet – Higher Risk Vault (Expedited) (October 14th)
published by @samehueasyou
Proposes fast-tracked integration of stUSDS into the USDC Mainnet – Higher Risk vault.
- [SIP2.35] Add Gearbox WETH Pool curated by KPK to Lazy Summer ETH Lower-Risk Vault (October 18th)
published by @desnakeee.eth
Proposes adding the KPK Gearbox WETH lending pool collateralized by blue-chip LRTs and yield-bearing ETH derivatives, to the ETH Mainnet Lower-Risk vault.
- [SIP5.12] 5M SUMR Token Budget - Media partner compensation & performance program for transferability GTM (October 20th)
published by @samehueasyou
Proposes allocating 7,500,000 SUMR for a media partner campaign supporting SUMR’s token transferability launch.
- [SIP2.36] Expedited Upgrade of Legacy Fluid Arks to Enable Reward Harvesting (October 22nd)
published by @halaprix
Tally Votes:
Published (October 1st) /
Published (October 8th) /
Published (October 8th) /
Published (October 8th) /
Published (October 22nd) /
Published (October 29th) /
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
- Calendar: Notion
- 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
Shout out all the @Recognized_Delegates for doing the work!
See you on the Discord or Forum;
–jensei