sommelier

Prop 50: [SIPS-041] Authorize the DeFi Stars Cellar

This proposal is for the authorization of the DeFi Stars Cellar. The strategy for the cellar is provided by AlgoLab.

The strategy aims to provide a dynamic index of blue-chip DeFi tokens. More information about the strategy, including strategy description and estimated performance can be found in the original forum post:

https://community.sommelier.finance/t/sips-41-defi-stars-cellar-proposal/1116

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


Name: DeFi Stars

Cellar share token: STARS

Platform fee: 2% (1.5% for strategy provider + 0.5% for protocol)

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

Strategy provider: AlgoLab

Cellar address: 0x03df2A53Cbed19B824347D6a45d09016C2D1676a

Etherscan: https://etherscan.io/address/0x03df2A53Cbed19B824347D6a45d09016C2D1676a

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

Audits (Macro): https://0xmacro.com/library/audits/sommelier-7.html