Proposal Details
Proposal #115
Proposal title
[SIPS-111] Authorize the Turbo DIVETH Cellar
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #115 description
This proposal is for the authorization of the Turbo DIVETH Cellar. The strategy for the cellar is provided by Seven Seas Capital.
The goals of the strategy are to provide efficient liquidity for the DIVA ecosystem and provide an onboarding channel for the Rocketpool community. More information about the strategy, including strategy description can be found in the original forum post:
https://community.sommelier.finance/t/sips-111-upcoming-turbo-diveth-proposal/1254
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Turbo DIVETH
Cellar share token: TurboDIVETH
Platform fee: 0.25%(0.22% for strategy provider + 0.03% for protocol)
Performance fee: 20% (17% for strategy provider + 3% for protocol)
NOTE: Until the cellar starts taking active positions, there will be 0 fees.
Strategy providers: Seven Seas Capital
Cellar address: 0x6c1edce139291Af5b84fB1e496c9747F83E876c9
Etherscan: https://etherscan.io/address/0x6c1edce139291Af5b84fB1e496c9747F83E876c9
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-9.html