# SIPS-054 \[KPI Incentives\] - Real Yield USD KPI Proposal

**URL:** <https://community.sommelier.finance/t/sips-054-kpi-incentives-real-yield-usd-kpi-proposal/1138>\
**Category:** Governance\
**Created:** [June 16, 2023, 11:27pm UTC](https://community.sommelier.finance/t/sips-054-kpi-incentives-real-yield-usd-kpi-proposal/1138 "2023-06-16T23:27:25Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![7seas.capital](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.sommelier.finance/7seas.capital/32/238_2.png) [@7seas.capital](https://community.sommelier.finance/u/7seas.capital)\
**Post date:** [June 27, 2023, 11:43pm UTC](https://community.sommelier.finance/t/sips-054-kpi-incentives-real-yield-usd-kpi-proposal/1138/2 "2023-06-27T23:43:28Z")

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Update:  
To implement the 2 year vest, we have deployed a timelocked contract to receive the funds (if the council determines that the KPIs have been met) at address: 0xaa71f75fb6948a6c814a28675241fc5e3bcac355

Once the funds are received by the timelocked contract, a transaction will be sent to the contract to initiate the transfer to a Seven Seas multisig. The transaction to distribute the funds to the Seven Seas multisig will be executed 2 years after it is initiated (via the timelock mechanism).

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_[View the full topic](https://community.sommelier.finance/t/sips-054-kpi-incentives-real-yield-usd-kpi-proposal/1138)._