StableLab Delegate Profile

StableLab’s Delegate Introduction

Name: StableLab

Delegate Address: stablelab.eth

Governance tracking: Boardroom, Internal tracker

Forum: @Kene_StableNode

Discord: Kene_StableLab#6984



Languages: English, Spanish, German, Dutch, Romanian, Korean, Chinese

What is our stance on Voting Markets?

At StableLab, we believe that voting markets present a unique opportunity to create utility for governance token holders by creating a liquid market where governance power can be lent and borrowed.

From a purely economic incentive-based perspective, we see massive opportunities for growth in governance participation throughout the DeFi Ecosystem. For more insight into how we think about voting markets, we dive deeper into our understanding of voting markets in this piece while using Paladin as a case study.


StableLab is a governance firm focused on professional delegation, DAO framework design and product development. We work with various projects, from the ones just starting their journey to decentralization to the most prominent DeFi protocols.

Our systematic framework for DAOs covers governance methodologies, decentralized workforce, implementation, documentation, communication and community engagement. There is no one-size-fits-all approach, but we provide a framework of principles and tools we have developed throughout our experience.

We scale DAOs sustainably.


We are the leading professional delegate team with a track record across major DeFi protocols, including MakerDAO, Optimism, Aave, 1inch, Balancer, Element, InstaDapp, Hop and more.

We pioneer delegation work through high governance standards, extensive research, hands-on expertise and the consistent use of a code of conduct. Pushing forward web3 and DeFi since 2018, StableLab’s co-founders previously spent 3.5 years at the Maker Foundation.

Governance delegates and roles currently (or previously held by StableLab).

View all our proposals, votes and milestones at /governance.



  1. Active: We participate in every aspect of the governance process, from creating and presenting proposals to providing feedback in the forums and actively voting.
  2. Research: Our decisions are backed by a team of experienced researchers and PhDs.
  3. Trust: We act unbiased and transparent, according to our code of conduct - driven by a strong set of ethics and values.


  • Use values to guide actions.
  • Maintain impartiality and transparency in participation.
  • Rely on data, research and prior expertise for proposals and votes.
  • Apply battle-tested internal policies for consistency.
  • Consult with the team for quality outcomes.


Through our holding company, we have invested in multiple projects to advance growth and governance for them. See the full list here.

We contribute to various protocols’ governance, such as MakerDAO, Optimism, Aave, 1inch, Balancer, and Element. See the full list here.

When applicable, we will disclose potential conflicts of interest in our rationale.


By delegating to StableLab, you acknowledge and agree that StableLab participates on a best efforts basis and StableLab will not be liable for any form of damages related to StableLab’s participation in governance.

1 Like

PGP-23: Treasury Management #2

Vote: Yes

Rationale: This proposal is an excellent effort in Treasury management strategy. We are glad to see the strategic assets Paladin holds and how these assets work effectively for the protocol.

PGP-24: Governance Framework Update

Vote: Yes

Rationale: We are glad to support this governance update because it is a comprehensive governance framework that will solve many governance-related problems for Paladin before they come up.

PGM-25: Treasury Management #3.1

Vote: CRV to Yearn & swap sdCRV to CVX

Rationale: We believe that allocating the DAOs CRV to Yearn and dollar cost averaging into CVX over a month would be an optimal use of the DAOs assets; this way, the DAO can take advantage of Yearn’s rewards and the boosted voting power.
With voting power being an essential resource for Paladin, this strategy would be an effective path toward the DAOs goals.

PGM-26 :Retro-Active Grant #Jan 2023

Vote: Yes

Rationale: Paladin is building a culture of fairly rewarding contributions to the community. We are glad to support this initiative as it will attract talent to create more value for Paladin.


PGM-27: Treasury Management #3.2

Vote: 1. Sell 50% AuraBAL 2. DCA Swap for BAL & Tetu

Rationale: Starting a farming strategy on Tetu is currently the most optimal approach to gathering voting power and yield for Paladin, we support this proposal because of its approach to maximizing the available treasury assets to support the value that Paladin delivers to its users.

1 Like

PGM-28: Protecting Paladin’s contracts

Vote: Yes

Rationale: We support this proposal because it is a crucial business practice that will ensure we can benefit from the innovation the team creates by investing in Research.

PIP-10: Creating a legal wrapper for Paladin

Vote: Yes

Rationale: We support this proposal to put the legal affairs for Paladin in order; this is a crucial business-safeguarding decision that the DAO needs to take.

1 Like

PGM-30: Treasury Management #4

Vote: Yes

Rationale: We are in support of updating the treasury management strategy to meet present circumstances affecting the Paladin DAO.

PIP-11: Enabling Warlord into the Paladin

Vote: Yes

Rationale: With a 2% cap, we are happy to support this gauge, and it is exciting to see a NFT collection.

PGM-31 : Allocation of resources in Warlord

Vote: Add all CVX & AURA into Warlord

Rationale: We voted in favour of depositing Paladin’s CVX & AURA into Warlord, in addition to reducing the current operational overhead, we agree with the author that by depositing CVX & AURA, we are signalling that with the Protocols skin in the game, Paladin would inspire confidence and motivate users and possibly protocols to use Warlord.

1 Like

PGM-32 Treasury Management #6

Vote: Yes

Rationale: We support this proposal because we believe this strategy will create financial value for Paladin while deepening the DAO’s ties with Olympus; currently, I do not see a downside to pursuing this strategy. Taking advantage of these incentive schemes has proven to be an important part of Paladin’s growth.

PGM-33 : Allocating PAL to incentivize delegates

Vote: Yes

Rationale: Delegates have proven to be a significant value add to any governance framework. As active delegates in Paladin, we are glad to participate in a conversation around Delegate incentives in the Paladin DAO.

1 Like

PIP-12 : Activate a maintenance fee on paladin-voter.eth

Vote: Yes

Rationale: We support the addition of this 2% maintenance fee to build a sustainable business over time; it is important that this fee is implemented to ensure the continuing quality that Paladin delivers.

PGM-34: Appoint delegates to better represent our dapps in their respective ecosystem

Vote: Yes

Rationale: We support this proposal to begin meta-governance efforts on behalf of the Paladin DAO, by pursuing these efforts in other DAOs, representatives work to create value for the Paladin DAO.

PIP-13: Deploying Dullahan

Vote: Yes

Rationale: PIP-13: We are in support of deploying Dullahan, this product will actively provide value to the Aave Ecosystem by boosting adoption for GHO, in the long term value created by Dullahan would also ultimately trickle down to the Paladin DAO.

1 Like

PGM-12-3: Extending Liquidity Mining Program

Vote: Yes

Rationale: We support this proposal to extend the liquidity mining program, specifically in view of the proposal’s strategy for leveraging the program to create value for Paladin. The specific plans for this program show that this proposal looks at what didn’t work previously and is looking to iterate and improve with this program renewal.

PGM-35 Treasury Management #7

Vote: Yes

Rationale: After considering all available options we voted to swap CRV into LIT, AURA, CVX and USDC. We agree that it is important to reduce the DAOs’ exposure to CRV.

PGM-34: Appoint a delegate to reprensent Paladin in Aave

Vote: Abstain

Rationale: We are abstaining from voting on this proposal because it directly benefits us if we vote in our own favour. We are committed to avoiding conflicts of interest.

PGM-36: Treasury Management #8

Vote: Yes

Rationale: In view of recent events such as the depeg of tetuBAL, we believe that these treasury management decisions proposed in this vote are in the best interest of the Paladin Protocol, therefore we support this proposal.

PIP-14: Tokenomics 2.0

Vote: Yes

Rationale: We believe that this iteration of the Paladin Tokenomics will be fundamental in improving the Protocol. We are in support of the flywheel mechanism that this proposal puts forward, we are excited to see the results of these design choices.

PGM-37: Treasury Management #9

Vote: Yes

Rationale: We are in support of these strategic treasury management proposed by the author, ensuring that the DAOs funds are efficiently managed are the utmost priority.

PIP-15: Signer Rotation Aug.23

Vote: Yes

Rationale: The Paladin Multi-Sig Signers are a key part of the Protocol’s operations, therefore we welcome this proposal to rotate signers. Our votes were equally split amongst all candidates.

PGM-38 : Tholgar Grant

Vote: 55000 PAL and 1.03 ETH

Rationale: It is our opinion that this grant will be valuable to the Paladin DAO, we hope to see the deliverables of this Grant actualised.

PGM-39: Quest Round of Distribution Post-Mortem

Vote: Yes

Rationale: Due to the bug that affected the amounts being distributed to users, it is important for users to be made whole with the correct amounts, therefore we are glad to support this proposal to make users whole.

PIP-16: Tokenomics 2.0 - Emission budget

Vote: Yes

Rationale: We are glad to support the definition of these key parameters for Paladin through Governance, due to our confidence in the team behind the execution of this proposal, we look forward to seeing how the 2.6M annual PAL budget will be utilised to support this project.

PGM-40: Renew Delegates Incentives Program

Vote: Yes

Rationale: We believe that as a DAO grows, the value that delegates add cannot be underestimated, it is for this reason that we chose to vote in favour of this proposal to renew delegate incentives at Paladin.

PIP-41: Tokenomics 2.0 - Boosting system

Vote: Yes

Rationale: We are in supporting this project with 5x boost at launch as it would play a key role in driving the traction and attracting the TVL we would need.

PGM-42: Reimburse 20 ETH of the 110 ETH loan to Mithras Labs

Vote: Yes

Rationale: We are in support of this proposal to sell some of the DAOs strategic assets to pay back our loan with Mithras Labs and support funding for tokenomics and Quest’s expansion.

PIP-19: Simplifying the fee framework for Quest v2

Vote: Option 4

Rationale: We support Option 4 because it adds a component which allows projects who lock hPAL to benefit from a discount, this is also beneficial for Paladin’s Tokenomics.

PIP-18: Updating Warlord weights

Vote: Yes

Rationale: In order to ensure that the asset weight of CVX and AURA in Warlord reflect the current value of the assets and their yield, we are in support of this proposal.

PGM-42: Allocating a budget to a Gauge Market Making budget on Curve

Vote: Yes

Rationale: In order to increase our marketshare, we understand the need to add PAL rewards to support our efforts of gaining more voting power on Paladin.

Hello everyone!

We would like to inform you that we’ve moved our delegate wallet for increased security to a multisig.

As such, we kindly request our existing Paladin delegators to redelegate to this new address.

The following is our new delegate wallet: 0xecc2a9240268bc7a26386ecb49e1befca2706ac9

Thank you!

PGM-43 Treasury Management #10

Vote: Option 2

Rationale: We support the option two split which ensures that the DAO is able to pay back its debt with Mithras Labs, while the other assets retain the value that has been created.

PIP-20: Whitelisting process for tokenomics emissions

Vote: Option 3

Rationale: From our perspective, we do not believe that it is best to adding a locked hPAL requirement as an additional barrier for teams looking to leverage these Tokenomics Emissions.

PGM-44: Treasury Management #11

Vote: Option 3

Rationale: In our opinion, moving to a PAL/ETH pool with Layer 2 rewards is the optimal path to moving away form the PAL/OHM pool. This creates the most value for the DAO.

PGM-45: Mithras Labs Q1-24 Budget Request

Vote: Yes

Rationale: We are in support of the good work that Mithras Labs is doing for the Paladin Protocol. Therefore, we support the team being compensated fairly.

PGM-45v2: Mithras Labs Q1-24 Budget Request (re-submission)

Vote: Yes

Rationale: We are in support of the good work that Mithras Labs is doing for the Paladin Protocol. Therefore, we support the team being compensated fairly.

PGM-46: Renew Delegates Incentives Program

Vote: Option 1

Rationale: The value created by Paladin Delegates has clearly contributed to the growing maturity of the Paladin DAO and its maturity. For this reason, we support the renewal of the Paladin Delegate Program.

PGP-47: Allocate 390,000 PAL for an audit of the vote flywheel

Vote: Yes

Rationale: We support allocating resources to ensure that the vote flywheel is comprehensively audited, this ensures that there are no edge cases which could be exploited at a later time.

PIP-21: Tokenomics 2.0 The Reward System

Vote: 28 Days Vesting

Rationale: We believe that 28 days of vesting is an optimal option to start the reward system with. Depending on future occurrences, the vesting periods can be adjusted to suit the DAO’s needs.