Leviathan News deploys and open sources Squid DAO Vote calculator repository in preparation for October SQUID Drop

Leviathan News has published and open sourced a “Squid DAO Vote Calculator” smart contract on GitHub, designed to support governance around an upcoming October SQUID token drop for Squid DAO participants. The repository describes the tool as a Vyper smart contract that aggregates a user’s governance voting power across multiple DeFi protocols—specifically Curve, Convex, and Stake DAO—in order to determine their influence within the Squid DAO governance system. By deploying the calculator contract and making the code public, Leviathan News is providing transparent, on‑chain logic for how voting power is computed ahead of the next SQUID distribution event. The context is Squid DAO’s model of rewarding contributors and ecosystem participants via periodic “SQUID Drops,” where allocation is decided via DAO governance, often conducted through Snapshot votes and similar tooling. A recurring challenge in such systems is accurately and credibly measuring voting power when it is distributed across multiple DeFi platforms and locked or staked positions. The Squid DAO Vote Calculator addresses this by programmatically reading relevant token balances and positions across Curve, Convex, and Stake DAO and aggregating them into a single governance weight metric for the Squid DAO system. This open-source approach matters because it allows tokenholders and contributors to independently verify the vote-weighting logic before the October drop, reducing uncertainty about how their DeFi positions translate into governance influence and SQUID allocation, and enabling external review or reuse of the contract design by other DAOs facing similar multi‑protocol voting power calculations.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• Leviathan News - GitHub (github.com)
• DeFi DAO Vote | Dune (dune.com)
• The May vote on SQUID DAO for @leviathan_news contributions ... (x.com)
• Calculator - Stake DAO (stakedao.org)
• Maker Governance - Governance Portal (vote.makerdao.com)

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• DAO
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• Vyper