Proposal: 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.

Next Steps

  • Community Discussion: Open this proposal for feedback and suggestions.

  • Snapshot Vote: If the community reaches a consensus, proceed to a formal vote within 7 days.

  • Implementation: Based on the vote outcome, initiate the development and launch of the selected vault.

We invite all community members to share their thoughts, preferences, and any additional considerations to guide this decision.

80 Likes

decision is not simple really, would love yield on my saving stables, but rather have a reason to buy btc and get yield on it

btc exposure + yiled

2 Likes

I must say, this is a great idea from the team. Ranging from the options and the rewards, But on the long run it’s not about rewards alone, something more than rewards.

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I recommend launching the stablecoin vault first higher yield, lower volatility, and a strategic move to diversify KernelDAO’s TVL with resilient assets.

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Both vaults are solid choices. The stablecoin vault provides a fantastic yield with minimal volatility, making it ideal for those seeking steady returns. On the other hand, the BTC vault is a clever option for holders looking to earn passive income without having to sell. I can’t wait to see how the community decides!

1 Like

Would it be possible to explore a dual-track pilot—perhaps launching both vaults in a limited capacity to test user demand and yield sustainability before scaling? This could offer valuable data while minimizing risk.

Great proposal both vaults offer strong potential. But most likely would prefer the stablecoin vault because of its lower volatility and higher yeilds

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Great proposal.I think starting with the Stablecoin Vault makes more sense right now lower volatility means safer yield and broader appeal.
One question though:how exactly will the yield be generated for the Stablecoin Vault?

Looking forward to seeing both vaults live eventually

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Gives BTC holders a way to earn passive returns without needing to sell or wrap their assets

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Both options make sense, but Stablecoin first, BTC next sounds like a good roadmap.
but how transparent will the RWA strategies be? Would love to know where the yield is coming from before locking funds.

Both are very good ideas but I will like to go for the stable coin vault gain as it involves high profits but also a community vote will be a fair and nice move to determine the decision

The initiative behind this proposal is unique and outstanding but the team could consider ~20-25% APR on the stablecoin Vault and at least 8% on the BTC Vault, this way it looks more Appealing to users seeking high yield opportunities and cater more on the holders of BTC wanting to earn not just passive income but sustainable one too

Really like how both vaults cater to different user profiles while still keeping RWA yield at the core of everything. just wondering tho… for the stablecoin vault aiming for higher APRs…how clear will the risk and underlying assets be? Just curious about how Kernel plans to manage that.

Gain Vault streamlines DeFi by automating asset deployment across Layer 2s, enabling users to earn yield and airdrops effortlessly through a single, simplified platform therefore my preference would be the BTC Gain Vaults compared to stablecoin vault because BTC vault offers upside potential from price appreciation, unlike stablecoin vaults, which are limited to yield alone.

Stablecoins vault to strenghten DAO finances especially when bear market will come.

Love that both vaults target different users while keeping RWA yield central. Just wondering—how clear will the risk and asset exposure be for the higher-yield stablecoin vault? How’s Kernel planning to handle that?

Personally, I lean toward launching the Stablecoin Vault first. It introduces diversification for KernelDAO and adds resilience in volatile markets, especially valuable as we scale. The projected 15–20% APR also has strong potential to attract new users

Personally i think the stablecoin vault makes a lot more sense right now. That 15–20% APR is really attractive, and it fits the current market vibe where most people are risk averse and just want stable yield.

Also, having a stablecoin vault could help KernelDAO grow its TVL faster and protect the protocol from big market dips. Makes it stronger long term.

BTC vault sounds nice too, but i feel like BTC holders usually don’t want to move their coins around much. Maybe launch that later when the stablecoin one is already working well.

This is an outstanding proposal put forward. This innovative strategy would not only bring advancements to the project but will also help bring developments and opportunities as well.

Gotta hand it to the team
this is a brilliant move. The options and rewards are solid, but in the long run, it’s about more than just the incentives. There’s a bigger picture here.