Today we’ve made the difficult decision to wind down StableLab. StableLab (originally StableNode) launched in 2021 because we wanted to define the newly emerging DAO space. Back then, governance was still in its infancy. Protocols launched tokens, formed DAOs, and hoped the community would figure out how to govern themselves. The system was informal and chaotic. Governance work was not seen as work. We thought this was broken and so we built a team. We hired delegates and governance experts to help push forward responsible DAO design. People who understood how DAOs actually work. We were one of the first professional governance service firms in the space. Some things we achieved and are proud of: ‐ Worked with the biggest and most respected ecosystems, including: Aave, Uniswap, Compound, Sky (MakerDAO), Euler, Optimism, Arbitrum, 1inch. ‐ 4,000+ governance votes cast ‐ Over $1B in governance decisions influenced ‐ Helped establish that delegate work should be paid. This used to be controversial. ‐ Transformed ourself from a services firm to a product-first startup Over these five years we’ve seen the DAO space mature and evolve. We built governance frameworks that protocols still use today and contributed to higher standards around proposal quality, voting transparency, and delegate accountability. We showed up to hundreds of community calls, wrote thousands of insightful forum posts and comments. To our partners and clients, we are incredibly grateful for the collaboration and time we shared together pushing the space forward. The relationships and connections meant more than anything. To the StableLab team, past and present, we want to thank you for being part of our story and for having joined us on our mission. So many talented individuals have left their mark on our company’s history, something we deeply appreciate. We have begun the process of helping each and every one of our team members find their next home. We still believe in governance and DAOs. There's so much room left to explore as institutional adoption accelerates, privacy protocols mature, and new coordination mechanisms emerge. Five years ago, we set out to prove that DAO governance matters and could be professionalized. We proved it. Not alone, but alongside the protocols and people who believed the same thing. Thank you for everything. See you onchain ❤️ Gustav, Doo, and the StableLab team