This proposal is for the authorization of the Yield Maxi USDC Cellar. The strategy for the cellar is provided by IntoTheBlock and Seven Seas Capital.

The goals of the strategy are to provide USDC-denominated yields by accessing a variety of stablecoins and yield opportunities. More information about the strategy, including strategy description can be found in the original forum post:

https://community.sommelier.finance/t/sips-109-upcoming-yield-maxi-usdc-proposal/1252

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

Name: Yield Maxi USD

Cellar share token: YieldMaxiUSD

Platform fee: 1%(0.85% for strategy provider + 0.15% for protocol)

Performance fee: 20% (17% for strategy provider + 3% for protocol)

Strategy providers: IntoTheBlock and Seven Seas Capital

Cellar address: 0x991Fc0B9f027A80E2d642Eb260a41FfC14b2f450

Etherscan: https://etherscan.io/address/0x991Fc0B9f027A80E2d642Eb260a41FfC14b2f450

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

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