sommelier

Prop 97: [SIPS-089] Authorize the Turbo SOMM Cellar

This proposal is for the authorization of the Turbo SOMM Cellar. The strategy for the cellar is provided by Seven Seas Capital.

The goals of the strategy are to create SOMM utility and liquidity on Ethereum Mainnet. More information about the strategy, including strategy description can be found in the original forum post:

https://community.sommelier.finance/t/sips-089-upcoming-supersomm-cellar-proposal/1205

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


Name: Turbo SOMM

Cellar share token: TurboSOMM

Platform fee: 0%

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

Strategy providers: Seven Seas Capital

Cellar address: 0x5195222f69c5821f8095ec565E71e18aB6A2298f

Etherscan: https://etherscan.io/address/0x5195222f69c5821f8095ec565E71e18aB6A2298f

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

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