Quorum: 6,159,460 vlSDT
Proposer: Stake DAO Association

Summary

On May 27, 2026, a compromised deployer account was used to forge an unbacked cross-chain mint of vsdCRV on Arbitrum. A full report of the incident is available here. The backing of legitimate vsdCRV (approximately 1,329,056 staked sdCRV) was secured to the governance Safe within 47 minutes and was promptly secured.

As with all DeFi protocols, interactions with smart contracts involve inherent technical risks, including vulnerabilities or exploits. This distribution is proposed purely as a voluntary, ex gratia community support measure. It does not constitute, and shall not be construed as, an admission of liability, fault, negligence, or legal responsibility by the Stake DAO Association, its members, contributors, service providers, or any affiliated entity, nor a waiver of any defence or right. Nothing in this proposal creates any obligation, entitlement, or expectation of compensation, whether in respect of this incident or any future event.

This proposal authorizes the DAO to provide voluntary, ex gratia support to affected users in the aggregate amount of 1,535,421.76 sdCRV (approximately $173,000 as of the date of this proposal, stated for information only and subject to market fluctuation), across 242 affected addresses. Any distribution is made on a discretionary, ex gratia basis and, where accepted, in full and final satisfaction of any and all claims the recipient may have arising out of or relating to the May 27, 2026 incident.

Voting Options

• YAE: Authorise the treasury committee to proceed with the reimbursement of affected users.
• NAE: Rework the proposal with another solution.
• ABSTAIN: No preference.