[BIP:98] Staworth Renewal

Total Cost: $7,500 + 20% VAT ($9,000 total) per month (unchanged)

TL;DR — renew Staworth Limited’s engagement for an additional 3 months at a cost of $9,000 per month.

Background

In January 2025, Staworth received approval for an initial engagement for the DAO, covering financial reporting, non-reserved legal services, and support among a range of other functions for the DAO. That proposal was renewed in January 2026.

This proposal covers an extension of our mandate for a further 3 months on the same terms. The first four months of 2026 have been very productive, and we look forward to a significant pipeline of developments in the next 3 months.

For more information on our background, please see the Who Are We? section of our previous proposal [BIP:86].

Contributions

Below we detail the major work we’ve undertaken so far in 2026. Please see our previous proposal for more information on our work in 2025. Our work includes:

• Shipped 79 distinct strategies in 2026 so far, averaging 5 per week. We have rapidly developed competences in this area, which extend to fixing issues in the app, API and protocol, and collaborating with other strategists.

• Issued the 2025 annual report in Q1 2026 — our longest ever financial report — which gave an extensive overview of Beefy’s activities and financial position throughout the year. Continued our collaboration with Octav to approve accounting and reporting processes.

• Continued to play a leading role in managing industry-wide incidents and exploits, including supporting the Gnosis distribution from the Balancer hack, continuing our pursuit of recovery from the Stream insolvency, and crisis management during the USR and wrsETH exploits in recent weeks.

• Delivered materials to support the launch of Crosschain Zaps in April, including launch article, complete documentation, website copy, testing analysis, moderation guidance and knowledge base articles. Worked closely with marketing to deliver a schedule of materials and publications around the launch.

• Provided detailed legal support in handling partnerships and procurement contracts, including our grant from Monad and our service agreement with Goldsky.

• Produced an article per month in 2026 and a selection of draft tweets to support marketing efforts. Collaborated over marketing plans for Crosschain Zaps, and various design efforts for marketing campaigns and public communications.

• Increased our work as a moderator and voice within the community, particularly to support during external crises and difficult community discussions. Given the difficult market context, our support in providing steady and clear guidance has been needed frequently throughout Q1.

Goals

As stated in our last proposal, Beefy (together with DeFi more broadly) is at a critical junction for its future. 2026 is proving to divide the strong and the sensible from the flippant and the ludicrous. On the other side of this reset sits enormous potential; but today our path is blocked by enormous challenges. Over the next 3 months, we strive to:

• Continue our role as a leading voice for the DAO and the contributor team in setting strategic direction, navigating difficult discussions, and taking the necessary actions to see Beefy through.

• Increasing our seniority as a strategist and contributor to Beefy’s core codebase. Facilitating the Aero migration and to support other new product development initiatives.

• Prudent accounting, forecasting and deployment of Beefy’s financials to ensure a close tracking of performance, risks and opportunities.

• Proactive management of Beefy’s legal position and communications with users and stakeholders regarding ongoing legal matters, each to ensure safety and stability for the project and space for focus on core revenue-generating activities.

• General support with business development and partner relations as we strive to capitalise on significant opportunities like new protocol launches. This includes supporting some marketing initiatives with content and execution.

Budget

Our proposed budget is $9,000 per month for the next 3 months.

No changes are proposed for this quarter, despite a significant increase in our responsibilities and output. We will continue to work closely with the Core Contributor team to evaluate contributions and ensure funding aligns with output. Where we do propose to make any changes, they will feature in future Staworth renewal proposals.

Terms

This arrangement will be subject to Staworth’s independent contractor terms throughout.

In addition, the following supplementary terms shall apply specifically for Beefy DAO:

• Conflicts of Interest - where any apparent conflict of interest is identified in any of the work to be performed by Staworth under this engagement, whether by Staworth, Beefy or third parties, either Staworth or Beefy shall be entitled to halt that work immediately without explanation. Staworth shall create and maintain a conflicts policy and register, as a means of safeguarding against conflicts.

• Independent Interests - subject to any provisions and policies relating to conflicts of interest, nothing in this agreement shall impact the rights of Staworth and its contributors to hold or action their own independent views and interests in matters of the Beefy DAO’s governance. Staworth and its contributors shall always retain the right to abstain without explanation on any governance matters.

• Split Services and Expenses - there may be circumstances where Staworth provides services in parallel for multiple clients (e.g. attending conferences with opportunities to represent 2 or more projects). In such circumstances, Staworth will always report the existence of such a split to all client contributor teams, together with an indication of the likely division of its efforts between them. Where any expenses are incurred in relation to split services, Staworth will offer to split the funding of its expenses in line with its expected efforts for each client.

If approved, this engagement will commence on 1 May 2026 and proceed to the end of July 2026. A further engagement proposal will be provided towards the end of this engagement.

Proposal

Beefy DAO should renew its engagement with Staworth for another 3 months at a cost of $7,500 + 20% VAT ($9,000 total) per month.