Stake DAO's sdYB Liquid Locker for Yield Basis's YB token has passed 3M veYB

Stake DAO says its sdYB Liquid Locker for Yield Basis’s YB token has surpassed 3 million veYB, a governance-lock milestone that indicates significant YB locked through Stake DAO’s liquid-locker infrastructure. Stake DAO’s model lets users deposit YB and receive sdYB, preserving exposure to Yield Basis governance and revenue benefits while keeping a liquid token that can be used elsewhere or later exited back to the underlying asset. The broader context is Stake DAO’s Liquid Lockers system, which wraps governance tokens into liquid derivatives and then locks the underlying assets on the native protocol, typically for up to four years, so holders can retain voting power and access rewards without fully sacrificing liquidity. In Yield Basis’s case, Stake DAO markets sdYB as a way to access veYB-style benefits plus SDT incentives, so the 3M veYB figure matters because it reflects growing delegated/locked governance weight around Yield Basis and increasing use of Stake DAO’s locker product for yield and vote aggregation.

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

More coverage

• Liquid Lockers – Stake DAO Docs (docs.stakedao.org)
• New Liquid Locker: $sdYB for @yieldbasis is live on Stake DAO ... (x.com)
• Stake DAO Weekly Highlights MAIN FOCUS (x.com)
• Stake DAO | The Liquid Lockers protocol (stakedao.org)
• Strategy - Stake DAO (stakedao.org)

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• Yield Basis
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