This proposal is for the authorization of the Turbo CRVUSD Cellar. The strategy for the cellar is provided by Seven Seas Capital.
The goals of the strategy are to optimize crvUSD yield. More information about the strategy, including strategy description can be found in the original forum post:
https://community.sommelier.finance/t/sips-105-upcoming-turbo-crvusd-proposal/1248
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Turbo CRVUSD
Cellar share token: TurboCRVUSD
Platform fee: 1%(0.85% for strategy provider + 0.15% for protocol)
Performance fee: 20% (17% for strategy provider + 3% for protocol)
Strategy providers: Seven Seas Capital
Cellar address: 0x6a6731f1754e3088ea35c8ddfd55cFF4d0FA5052
Etherscan: https://etherscan.io/address/0x6a6731f1754e3088ea35c8ddfd55cFF4d0FA5052
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-9.html