sommelier

Prop 100: [SIPS-092] Authorize the Turbo EETH Cellar

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

The goals of the strategy are to provide efficient liquidity for the EtherFi ecosystem. More information about the strategy, including strategy description can be found in the original forum post:

https://community.sommelier.finance/t/sips-092-upcoming-turboeeth-cellar-proposal/1217

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


Name: Turbo EETH

Cellar share token: TurboEETH

Platform fee: 1%(0.75% for strategy provider + 0.15% for protocol)

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

Strategy providers: Seven Seas Capital

Cellar address: 0x9a7b4980C6F0FCaa50CD5f288Ad7038f434c692e

Etherscan: https://etherscan.io/address/0x9a7b4980C6F0FCaa50CD5f288Ad7038f434c692e

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

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