DeFiPunk'd

Stake DAO

Yield

TVL $115.4M
Type Yield
Chains Ethereum, Base, Arbitrum, Fraxtal, Polygon +5
View on DeFiLlama ↗
Control criteria
Upgradeability Upgradeable Bug bounty Governance forum Docs docs.stakedao.org
About

Stake DAO is a decentralized platform that enables users to maximize the value of governance tokens through Liquid Lockers, which lock tokens for governance and issue liquid sdTokens in return. The protocol operates across 10 chains and provides yield optimization through integrated Strategies that leverage veToken balances, supplemented by Votemarket (governance vote marketplace) and veSDT governance token mechanics. SDT token holders govern the DAO and vote on reward allocation and protocol upgrades.

Risk analysis

One card per dimension, sorted by severity. Only Verifiability and Autonomy carry automated signals in Phase 0. See methodology for scope.

Audit a dimension yourself · DEFI@home Contribute an LLM-run assessment — any model, any dimension. Three agreeing runs merge automatically into the public record.

DEFI@home is a distributed audit network modeled on SETI@home: instead of CPU cycles, it crowdsources LLM reasoning. Paste a slice prompt into Claude, ChatGPT, Gemini, or any browsing-capable model, and submit the JSON output as a pull request. The quorum bot merges it once ≥3 independent runs (from different models) reach the same grade — no single model, and no single contributor, can move the needle alone. How it works →

  • Address discovery 3 addresses on file · 1 run Submit run ↗
  • Verifiability Unverified Submit run ↗
  • Control Unverified Submit run ↗
  • Ability to exit Unverified Submit run ↗
  • Autonomy Unverified Submit run ↗
  • Open Access Unverified Submit run ↗
  • Audit all 5 dimensions · one prompt Submit run ↗
  1. Verifiability tentative
    Open source + 17 audits

    Protocol publishes a GitHub repository and has at least one audit on record. This is a coarse Phase-0 signal only: auditor reputation, scope, and post-audit review coverage are not yet weighted.

    Run your own prompt Submit run ↗
4 dimensions not yet assessed (Control, Ability to exit, Autonomy, Open Access)
  1. Control unknown Unverified
    Not yet assessed

    Who holds admin privileges, how contracts can be upgraded, and how quickly. No automated heuristic grades this at Phase 0; a real assessment arrives when onchain discovery reads roles, owners, and timelocks.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  2. Ability to exit unknown Unverified
    Not yet assessed

    Whether users can exit on their own terms if the team disappears or acts adversarially. Requires per-protocol review; not available at Phase 0.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  3. Autonomy unknown Unverified
    No Phase-0 autonomy signal

    Neither the category heuristic nor the forkedFrom signal fires for this protocol. A real autonomy graph (oracles, bridges, fallbacks, governance-mutable dependencies) arrives with Phase-2 onchain discovery.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  4. Open Access unknown Unverified
    Not yet assessed

    Whether the protocol depends on privileged operators, whitelists, geo-restrictions, or off-chain infrastructure. This is not a signal DeFiLlama carries in a usable form; crawler-based detection lands in a later phase.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗

Stage

Preview of the Phase-3 maturity framework. DeFiPunk'd will adopt DeFiScan v2's stages verbatim; the section is rendered below in its intended shape so the structure is visible today.

Stake DAO has not yet been assessed under the DeFiScan v2 stage framework.
The walkaway test is the central criterion. Once stages land, protocols reach Stage 1 only if users can exit in the presence of malicious operators even when the emergency council disappears.
Scope of assessment
Stages are assessed per-protocol against DeFiScan v2's criteria: governance structure, upgradeability path, timelock durations, emergency-council scope, and the walkaway test. The analysis depends on onchain discovery (roles, owners, timelocks) and deeper review of deployed contracts — neither of which DeFiPunk'd automates at Phase 0.
Stage 0 requirements pending
Governance is largely off-chain, contracts are upgradeable with short or no timelock, and the protocol depends on a multisig or team with full discretion. At Phase 0 DeFiPunk'd does not automatically evaluate these; the assessment lands with crawler-based onchain discovery.
Stage 1 requirements pending
Users can exit or opt out on their own terms even if the team disappears. Upgrades run through a meaningful timelock with an emergency security council clearly scoped. The walkaway test is the headline criterion.
Stage 2 requirements pending
Protocol is fully permissionless and immutable, or upgrades require a supermajority of token holders with a long timelock and no emergency override. This is the terminal stage of the DeFiScan v2 framework.
Learn more about DeFiScan v2 stages →
Stages are an opinionated assessment of maturity, not a rating of security or safety. A protocol can sit at Stage 2 and still carry substantial technical or economic risk; the framework exists to incentivize decentralization, not to rank protocols.

Contract surface

Every contract in scope for this protocol — pooled from DeFiLlama's TVL adapter (mechanical) and DEFI@home discovery submissions (LLM-curated). Verified-source flags come from Etherscan + Sourcify; owner / multisig metadata is read on-chain when available. Reviewer audit context, not a slice score. A lending protocol's adapter set will list third-party collateral tokens alongside its own contracts; attribution is the grader's job.

  • 23addresses
  • 6verified source
  • 1proxies

TVL adapter pinned at 683d369. Sourcecode fetched 2026-05-06. Control fetched 2026-05-14.

ethereumTransparentUpgradeableProxy0x0c30…9e8aTVLproxy
ethereumDarkParadiseV20x20d1…42c3TVL
ethereumSDT0x7396…db2fTVL + discgovernance
ethereumSanctuary0xac14…47d3TVL
ethereumVyper_contract0x5890…5d8fTVL
ethereumCurveStableSwapNG0x98b5…9b1aTVL
Ethereumdeployer0xb36a…875fdiscoverygovernance
LEGACY_VAULTSLEGACY_VAULTS0x0665…3ad4TVL
LEGACY_VAULTSLEGACY_VAULTS0x5af1…37b7TVL
LEGACY_VAULTSLEGACY_VAULTS0x7d60…c120TVL
LEGACY_VAULTSLEGACY_VAULTS0x9978…e52fTVL
LEGACY_VAULTSLEGACY_VAULTS0xa276…5250TVL
LEGACY_VAULTSLEGACY_VAULTS0xb176…9567TVL
LEGACY_VAULTSLEGACY_VAULTS0xbc10…7065TVL
LEGACY_VAULTSLEGACY_VAULTS0xcd69…0e84TVL
LOCKERSLOCKERS0x52f5…66b6TVL
LOCKERSLOCKERS0xd8fa…289aTVL
LOCKERSLOCKERS0xea79…36a5TVL
LOCKERSLOCKERS0xf750…8220TVL
LOCKERS_GATEWAYLOCKERS_GATEWAY0x52f5…66b6TVL
LOCKERS_GATEWAYLOCKERS_GATEWAY0x9690…2e6aTVL
LOCKERS_GATEWAYLOCKERS_GATEWAY0xe5d6…8b91TVL
Polygontoken0x361a…ce90discoverytoken

Protocol Info

Links

[defillama] Source: DeFiLlama [:] Source: DEFI@home quorum
Twitter
@StakeDAOHQ

Security

[:] Source: DEFI@home quorum
Audits
15 audits
Bug bounty
unknown
Security contact
unknown

Technical

[:] Source: DEFI@home quorum
Voting token
SDT Ethereum: 0x73968b9a57c6e53d41345fd57a6e6ae27d6cdb2f
Upgradeability
Upgradeable

Provenance

[defillama] Source: DeFiLlama
Review status
listed
Updated
2026-06-01 11:27 UTC