Staking V2 & Governance Upgrade, leading to SUMR Transferability - Proposed Timeline and Actions

Hey all,

I want to provide a quick update re. timings.

Unfortunately we are still waiting for a final report on the audit, so will not be in a position to deploy the staking contracts today, with the first vote happening tomorrow as planned.

As such, we will delay the timeline detailed in the original post by 1 week for each activity. To keep things simple, I have provided an updated timeline below;

TLDR: SUMR transferability will now likely occur on the 18th November (instead of 11th) :sun:


TIMELINE

Tuesday 4th Nov (was 28/10) → Deploy Gov & Staking V2 Contracts.


Wed 5th Nov (was 29/10) → First vote to whitelist new staking contracts and add foundation as Governor.


Mon 10th Nov (was 3/11) → Staking V2 module goes live (if vote on 5/11 passes) allowing users to unstake from Gov V1 and move to Staking and Gov V2.


Wed 12 Nov (was 5/11) → Foundation to add Governance V2 as Governor of the Lazy Summer Protocol, removing Governance V1 as Governor.


Thurs 13 Nov (was 6/11) → Proposal put to SUMR Governors to enable SUMR token transferability.


Tues 18th Nov (was 11/11):sun::sun::sun: SUMR becomes transferrable on Base Network :sun::sun::sun:


Wed 19th Nov (was 12/11) → SUMR becomes transferrable on Ethereum, Arbitrum and Sonic.


As before, all the dates listed above should again be considered the earliest possible dates (as of the time of writing this post) and you will be kept updated on any other changes at the earliest opportunity.

Although unfortunate that we have a 1 week delay, I am very confident and excited for what is coming and I hope the community continues to make this launch as successful as possible.

Tagging @Recognized_Delegates for visibility of new timelines.

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