sommelier

Prop 65: [SIPS-061] Real Yield BTC Cellar Proposal

This proposal is for the authorization of the Real Yield BTC Cellar. The strategy for the cellar is provided by Seven Seas Capital and DeFine Logic Labs.

The goal of the strategy is to provide a dynamic index of WBTC yields. More information about the strategy, including strategy description can be found in the original forum post:

https://community.sommelier.finance/t/sips-061-upcoming-real-yield-btc-cellar-proposal/1148

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


Name: Real Yield BTC

Cellar share token: YieldBTC

Platform fee: 1%

Performance fee: 20% (16% for strategy provider + 4% for protocol)

Strategy providers: Seven Seas Capital and DeFine Logic Labs

Cellar address: 0x0274a704a6D9129F90A62dDC6f6024b33EcDad36

Etherscan: https://etherscan.io/address/0x0274a704a6D9129F90A62dDC6f6024b33EcDad36

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

Audits (Macro): https://0xmacro.com/library/audits/sommelier-8.html