The goal of this forum post is to discuss the upcoming Cellar proposal asking Governance to accept the Max Yield USD strategy.
This vault is a collaboration between IntoTheBlock and Seven Seas. IntoTheBlock is a blockchain analytics company with deep expertise in extracting valuable insights from on-chain data, including risk assessment and yield optimization.
The collaboration between IntoTheBlock’s advanced data analytics and Seven Seas’ expertise in building state-of-the-art vaults significantly enhances the capabilities of Sommelier Cellar. This partnership marks a significant victory for the Sommelier ecosystem
The Max Yield USD (final name TBD) is a USDC-denominated vault that maximizes yield by allocating to a growing set of stablecoin strategies.
The vault will accept USDC as the deposit asset.
The initial set of assets that the vault will have access to are:
and the initial set of protocols are:
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Yield Maxi USD
Cellar share token: YieldMaxiUSD
Platform fee: 1% (0.85% for strategy provider + 0.15% for protocol)
Performance fee: 20% (17% for strategy provider, 3% for protocol)