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tags: alchemists, szn2 lpdao
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# SZN2 LP DAO Complete

Today, [LPDAO SZN2](https://app.daohaus.club/dao/0x1/0x75a4310da724a3f43415f427e7b3033d7101b91d) comes to a close after successfuly migrating HAUS/WETH liquidity to Mainnet and returning BPTs (Balancer Pool Tokens) to the DAO treasury.

Now, SZN3 – codenamed veDAO – takes things to the next level with veBAL.

SZN3’s objective is to boost rewards for HAUS LPs by acquiring and using veBAL to vote on the [HAUS/WETH gauge](https://forum.balancer.fi/t/haus-weth-80-20-gauge/2682)

With SZN2 coming to a close, you have the option to leave the DAO with your share of the HAUS/WETH BPTs (details on that process below).

But before you decide, take a glimpse at how SZN3 veDAO will work. You may very well want to stick around. 😉

## SZN3: veDAO

For the full details, see the [main SZN3 announcement post](https://medium.com/daohaus-club/season-3-vedao-is-here-4a6a94d3422f).

**How will it work?**

1. New participants will contribute ETH to the DAO and receive loot shares. This process will be buttery smooth using the [DAOhaus Yeeter](https://yeet.daohaus.club/faq).
2. The DAO will convert the ETH into BAL/WETH, and then stake that to receive veBAL (see details below)
3. The DAO will use the veBAL to vote on the [HAUS/WETH gauge](https://forum.balancer.fi/t/haus-weth-80-20-gauge/2682) to support BAL emissions to the HAUS/WETH pool and to earn Balancer protocol rewards -- that means yield for you!
4. The DAO will stake its HAUS/WETH BPTs to earn BAL rewards for the DAO -- more yield for you!
5. BAL emissions will be claimed and re-staked for more veBAL
6. At the end of the SZN we will return all staked assets and rewards to DAO treasury. 💥

**Why participate?**

- You'll receive a share of Balancer protocol revenues + BAL rewards earned by SZN3 veDAO through staking its BAL/WETH and veBAL.
- Your earnings will be higher by joining the DAO than by going it alone: the veDAO will take care of all the operations and cover all gas fees.
- You'll receive a sweet POAP to commemorate your participation in SZN3 veDAO.
- You'll support HAUS liquidity and help create demand for the HAUS token -- if you're already a HAUS holder, this is great for you!

**Additional Details**

Season 3 will run for **one year** and will end on **May 1st, 2023**. To maximize the yield we can create for HAUS LPs and for the SZN3 veDAO itself, BAL/WETH will be locked into veBAL and the HAUS/WETH BPTs will be staked into the gauge for the full year.

At the end of the year, participants will be able to withdraw their share of the inputs as well as the rewards earned over that period.

Since contributors in SZN3 veDAO will only be receiving **loot**, UberHaus -- as represented by a multisig of 11 delegates -- will continue to be the only shareholder in the DAO. Those Uberhaus delegates will be responsible for proposing, voting, and executing proposals inside of SZN3: veDAO.

## Exiting SZN2

If you decide not to participate in SZN3, you will need to ragequit your loot shares. You will have four days to do so, starting today, **April 8th**, and ending on **April 12th**.

If you do want to participate in SZN3, you don't need to do anything (although you are also welcome to increase your participation as described above). The SZN2 DAO will become the SZN3 DAO. By not ragequitting your loot shares, you will be signalling support for another season of group liqudity provision through SZN3 veDAO.

*Note once you ragequit, your BPTs will show up in your internal balances on your profile page in the DAO. From there, you can withdraw them into your wallet.*