Launching a new GAIN Vault – Stablecoin Vault vs BTC Vault

Proposal Summary We propose initiating a community vote to determine the next GAIN vault to launch: Option 1: Stablecoin Vault targeting ~15–20% APR Option 2: BTC Vault targeting ~5% APR

Both vaults will align with the GAIN product framework, focusing on real-world asset (RWA) strategies and reward Kernel Points (KP) and other ecosystem-related perks to participants.

Background The GAIN vaults are designed to offer sustainable, real-world yields through structured credit and RWA-backed strategies. As we expand our offerings, it’s crucial to align new vault launches with community preferences and market demand.

Who Will the Proposal Benefit? Stablecoin Vault: Appeals to users seeking high-yield opportunities with minimal price volatility.

BTC Vault: Caters to BTC holders desiring to earn passive income without relinquishing their BTC exposure.

What is the Benefit to the DAO? Stablecoin Vault: The launch of this vault would mark KernelDAO’s first foray into stablecoins, enhancing the DAO’s resilience to market volatility. Thanks to the stable value of these assets, the DAO’s TVL—and therefore its revenue—would be less exposed to sharp drawdowns, particularly during bear markets.

BTC Vault: The launch of this vault would increase KernelDAO’s exposure to BTC beyond the existing BTC-related products on the Kernel staking platform. BTC remains the undisputed leader in the crypto market, with a dominance currently exceeding 60%.

Expected Effort / Resources Needed Development: Smart contract creation and auditing for the selected vault. Partnerships: Collaborations with RWA providers or DeFi protocols to source yield. Marketing: Campaigns to promote the new vault and educate users.

Metrics/KPIs to Track Results Total Value Locked (TVL): Measure user adoption and trust. Yield Performance: Monitor the actual APR achieved versus the target. User Retention: Track the number of repeat users and their engagement levels. Revenue Generated: Measure the revenue generated to the DAO based on the fees charged for each vault.