Proposal Details
Proposal #97
Proposal title
[SIPS-089] Authorize the Turbo SOMM Cellar
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #97 description
This proposal is for the authorization of the Turbo SOMM Cellar. The strategy for the cellar is provided by Seven Seas Capital.
The goals of the strategy are to create SOMM utility and liquidity on Ethereum Mainnet. More information about the strategy, including strategy description can be found in the original forum post:
https://community.sommelier.finance/t/sips-089-upcoming-supersomm-cellar-proposal/1205
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Turbo SOMM
Cellar share token: TurboSOMM
Platform fee: 0%
Performance fee: 20% (15% for strategy provider + 5% for protocol)
Strategy providers: Seven Seas Capital
Cellar address: 0x5195222f69c5821f8095ec565E71e18aB6A2298f
Etherscan: https://etherscan.io/address/0x5195222f69c5821f8095ec565E71e18aB6A2298f
Source: https://github.com/PeggyJV/cellar-contracts/blob/main/src/base/Cellar.sol
Audits (Macro): https://0xmacro.com/library/audits/sommelier-9.html