This proposal is for the authorization of the Real Yield ETH Scroll Cellar. The strategy for the cellar is provided by Seven Seas Capital.
The goals of the strategy are to provide best-in-class organic ETH yields on Scroll. More information about the strategy can be found in the original forum post:
https://community.sommelier.finance/t/sips-139-upcoming-scroll-real-yield-eth-proposal/1293
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Real Yield ETH
Cellar share token: RYETH
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: 0xd3BB04423b0c98aBc9d62f201212f44dC2611200
Scrollscan: https://scrollscan.com/address/0xd3bb04423b0c98abc9d62f201212f44dc2611200#code
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-15.html