Proposal Details
Proposal #125
Proposal title
[SIPS-120] Authorize the Real Yield USD 2.0 Cellar
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #125 description
This proposal is for the authorization of the RYUSD 2.0 Cellar. The strategy for the cellar is provided by Seven Seas Capital.
The goals of the strategy are to provide best-in-class stablecoin yields. More information about the strategy can be found in the original forum post:
https://community.sommelier.finance/t/sips-120-upcoming-real-yield-usd-2-0-proposal/1267
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Real Yield USD
Cellar share token: RYUSD
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: 0x6285e597eCF1398c2a22fB91949486d092e540C8
Etherscan: https://etherscan.io/address/0x6285e597eCF1398c2a22fB91949486d092e540C8
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-14.html