This proposal is for the authorization of the Turbo stETH (stETH Deposit) Cellar. The strategy for the cellar is provided by Seven Seas Capital.
The goal of the strategy is to provide a way for users to directly deposit stETH into Turbo STETH (instead of first converting to WETH). More information about the strategy, including strategy description can be found in the original forum post:
https://community.sommelier.finance/t/sips-095-turbo-steth-steth-deposit-cellar-proposal/1219
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Turbo STETH (STETH Deposit)
Cellar share token: TurboSTETH2
Platform fee: 1% (0.85% for strategy provider + 0.15% for protocol)
Performance fee: 0%
Strategy providers: Seven Seas Capital
Cellar address: 0xc7372Ab5dd315606dB799246E8aA112405abAeFf
Etherscan: https://etherscan.io/address/0xc7372Ab5dd315606dB799246E8aA112405abAeFf
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-9.html