dSTAKE is a series of ERC-4626 vaults that let users stake dSTABLE assets, which are then supplied automatically to money markets on dLEND and partnered lending protocols. These vaults are expected to generate above-market yields thanks to subsidy-driven utilization. They also earn points and other rewards on top of lending yields.
Through tradable receipt tokens, dSTAKE vaults enable composability for lending deposits by creating liquid, yield-bearing versions of dSTABLE assets. Users can then supply these vault tokens in other protocols to access even more utilities and opportunities (e.g., DEXs, lending protocols, interest rate marketplaces).