Prop 56: [SIPS 047-051] Authorize the Real Yield {LINK, 1INCH, UNI, SNX, ENS} Cellars

This proposal is for the authorization of the Real Yield {LINK, 1INCH, UNI, SNX, ENS} Cellars. The strategy for the cellar is provided by Seven Seas Capital and DeFine Logic Labs.

The goals of the strategy are to provide sustainable yields for various Governance tokens by capturing an arbitrage between the borrow rate and staking rate of ETH. More information about the strategy can be found in the original forum post:

https://community.sommelier.finance/t/sips-047-051-upcoming-realyield-govtoken-cellar-proposals/1130/2

If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.

Name: Real Yield {LINK, 1INCH, UNI, SNX, ENS}

Cellar share token: RY{LINK, 1INCH, UNI, SNX, ENS}

Platform fee: 0.5% (0.4% for strategy provider + 0.1% for protocol)

Performance fee: 10% (8% for strategy provider + 2% for protocol)

Strategy providers: Seven Seas Capital and DeFine Logic Labs

Cellar address: [0x4068bdd217a45f8f668ef19f1e3a1f043e4c4934, 0xc7b69e15d86c5c1581dacce3cacaf5b68cd6596f, 0x6a6af5393dc23d7e3db28d28ef422db7c40932b6, 0xcbf2250f33c4161e18d4a2fa47464520af5216b5,0x18ea937aba6053bc232d9ae2c42abe7a8a2be440]

Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol

Audits (Macro): https://0xmacro.com/library/audits/sommelier-7.html