Proposal Details
Proposal #62
Proposal title
[SIPS-058] Upcoming Fraximal Cellar Proposal
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #62 description
This proposal is for the authorization of the Fraximal Cellar. The strategy for the cellar is provided by Seven Seas Capital and DeFine Logic Labs.
The goals of the strategy are to optimize FRAX yield across the Fraxlend markets. More information about the strategy, including strategy description can be found in the original forum post:
https://community.sommelier.finance/t/sips-058-upcoming-fraximal-cellar-proposal/1144/2
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Fraximal
Cellar share token: FRAXI
Platform fee: 0%
Performance fee: 20% (16% for strategy provider + 4% for protocol)
Strategy providers: Seven Seas Capital and DeFine Logic Labs
Cellar address: 0xDBe19d1c3F21b1bB250ca7BDaE0687A97B5f77e6
Etherscan: https://etherscan.io/address/0xDBe19d1c3F21b1bB250ca7BDaE0687A97B5f77e6
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-8.html