Claim your $SUMR

$SUMR is the token that powers DeFi’s best yield optimizer.

It ($SUMR) is the native token of the Lazy Summer Protocol, a new yield optimizer protocol that gives anyone effortless access to crypto’s best DeFi yields, continually rebalanced by AI powered Keepers.

$SUMR can be earned by depositing in the protocol, or by staking it in the protocol to delegate voting power.

$SUMR plays a critical role in the Lazy Summer Protocol ecosystem, giving holders and delegates the power to:

• Curate the best of DeFi by approving or off boarding markets, ensuring only the best and safest yield opportunities are available.
• Keep contributors accountable by monitoring and holding third-party contributors (Risk Curators) accountable, ensuring consistent, responsible protocol management.
• Allocate Protocol Capital by Deciding on how to spend revenue, allocate SUMR token rewards and issue grants to balance growth with long term sustainability.

Upon token launch, only $RAYS users will be eligible for the $SUMR token airdrop.

Although, as soon as Lazy Summer Protocol launches, anyone will be eligible to deposit into the protocol and earn $SUMR.

The protocol will be launching two weeks after the $SUMR airdrop, and users can get ready at lazy.summer.fi

It is critical to attract users and protocol contributors aligned with the long-term vision of the Lazy Summer.

To support this goal, $SUMR will initially be non-transferable, meaning it cannot be swapped for other assets.

This approach ensures:

$SUMR plays a critical role in the Lazy Summer Protocol ecosystem, giving holders and delegates the power to:

1. Incentive-aligned users and contributors have the opportunity to accumulate $SUMR
2. Users and contributors remain focused on long-term value creation.
3. The protocol discourages mercenary participants and mitigates predatory or uneconomic behaviours.

After six months of being live, $SUMR’s transferability will be subject to a governance vote. If approved, the token will become transferable and freely tradeable with a mark-to-market price. This rewards early users and contributors who demonstrated patience by accumulating $SUMR without immediate liquidity.

The $RAYS campaign will now have seasons, with season 1 concluding on the airdrop of $SUMR, January 29 2025.

Season 2 will commence on January 30 2025, where eligible $RAYS position types on Summer.fi Pro will accrue $RAYS, that will be claimable for $SUMR. $RAYS Season 2 conclusion date is to be announced.