Proposal Details
Proposal #116
Proposal title
[SIPS-112] Authorize the Turbo ETHX Cellar
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #116 description
This proposal is for the authorization of the Turbo ETHX Cellar. The strategy for the cellar is provided by Seven Seas Capital.
The goals of the strategy are to provide efficient liquidity for the Stader ecosystem. More information about the strategy, including strategy description can be found in the original forum post:
https://community.sommelier.finance/t/sips-112-upcoming-turbo-ethx-proposal/1255
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Turbo ETHX
Cellar share token: TurboETHX
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: 0x19B8D8FC682fC56FbB42653F68c7d48Dd3fe597E
Etherscan: https://etherscan.io/address/0x19B8D8FC682fC56FbB42653F68c7d48Dd3fe597E
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-9.html