The Shutter DAO 0x36 has deployed $1.2M USDC from its treasury into Octant vaults to fund ecosystem growth.
The deployment was approved through an onchain vote by Shutter DAO 0x36.
The capital is allocated into an Octant v2 ERC-4626 vault, using Morpho’s Steakhouse USDC strategy. The yield generated will go toward a new ecosystem growth initiative, Shutter Champions, that we’ll begin rolling out in the coming weeks.
Instead of distributing treasury capital directly through one-off grants, this approach puts capital to work onchain and uses the yield to continuously fund the ecosystem.
Learn more about how Octant vaults work.
A Preview of Shutter Champions - Coming April 2026
The yield from this vault will fund Shutter Champions, an upcoming ecosystem growth program funded by Shutter DAO 0x36.
Shutter Champions is designed to support people contributing to the Shutter ecosystem - researchers, builders, dApp developers and creators - with funding, support, and marketing.
Shutter Champions will be chosen in the Shutter Melee, a recurring head-to-head competition where ecosystem contributors can compete for funding. Shutter DAO 0x36 members will lock their SHU tokens to back the team or participant of their choice. Ecosystem contributors that command the most support in each Melee are crowned Shutter Champions, securing funding and the full backing of the Shutter ecosystem.
Get Ready
We’ll share full details in April, including how to participate and what to expect from the first Melee. Until then…
- Learn more about Shutter
- Join Shutter DAO 0x36
- And we encourage those interested to start contributing to Shutter now. As existing contributors are more likely to become Shutter champions and receive funding and support.
![Shutter Network at EthCC[7]](/content/images/size/w400/2024/07/shutter_at_ethcc_7.jpg)
