Proposal Details
Proposal #76
Proposal title
[SIPS-071] Authorize the Turbo SWETH Cellar
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #76 description
This proposal is for the authorization of the Turbo SWETH Cellar. The strategy for the cellar is provided by Seven Seas Capital and DeFine Logic Labs.
The goals of the strategy are to provide best-in-class yields that utilize the SWETH asset, and to provide efficient liquidity to the Swell ecosystem. More information about the strategy, including strategy description can be found in the original forum post:
https://community.sommelier.finance/t/sips-071-upcoming-turbo-sweth-cellar-proposal/1170/2
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Turbo SWETH
Cellar share token: TurboSWETH
Platform fee: 1% (0.75% for strategy provider + 0.25% for protocol)
Performance fee: 20% (15% for strategy provider + 5% for protocol)
Strategy providers: Seven Seas Capital and DeFine Logic Labs
Cellar address: 0xd33dAd974b938744dAC81fE00ac67cb5AA13958E
Etherscan: https://etherscan.io/address/0xd33dAd974b938744dAC81fE00ac67cb5AA13958E
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-9.html