sommelier

Prop 83: [SIPS-078] Authorize the Turbo GHO Cellar

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

The goals of the strategy are to capture the variety of available GHO yield opportunities while providing efficient liquidity and peg defense to the GHO ecosystem. More information about the strategy, including strategy description can be found in the original forum post:

https://community.sommelier.finance/t/sips-078-upcoming-turbo-gho-proposal/1187

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


Name: Turbo GHO

Cellar share token: TurboGHO

Platform fee: 0.5% (0.375% for strategy provider + 0.125% for protocol)

Performance fee: 20% (15% for strategy provider + 5% for protocol)

Strategy providers: Seven Seas Capital and DeFine Logic Labs

Cellar address: 0x0C190DEd9Be5f512Bd72827bdaD4003e9Cc7975C

Etherscan: https://etherscan.io/address/0x0c190ded9be5f512bd72827bdad4003e9cc7975c

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

Audits (Macro): https://0xmacro.com/library/audits/sommelier-9.html