Proposal Details
Proposal #65
Proposal title
[SIPS-061] Real Yield BTC Cellar Proposal
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #65 description
This proposal is for the authorization of the Real Yield BTC Cellar. The strategy for the cellar is provided by Seven Seas Capital and DeFine Logic Labs.
The goal of the strategy is to provide a dynamic index of WBTC yields. More information about the strategy, including strategy description can be found in the original forum post:
https://community.sommelier.finance/t/sips-061-upcoming-real-yield-btc-cellar-proposal/1148
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Real Yield BTC
Cellar share token: YieldBTC
Platform fee: 1%
Performance fee: 20% (16% for strategy provider + 4% for protocol)
Strategy providers: Seven Seas Capital and DeFine Logic Labs
Cellar address: 0x0274a704a6D9129F90A62dDC6f6024b33EcDad36
Etherscan: https://etherscan.io/address/0x0274a704a6D9129F90A62dDC6f6024b33EcDad36
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-8.html