[SIPS-122] Upcoming Real Yield USD Arbitrum Proposal
Goal
The goal of this forum post is to discuss the upcoming Cellar proposal asking Governance to accept the RYUSD strategy on Arbitrum.
Context
Real Yield USD was launched in January 2023 on the Cellars V2 architecture with the goal of maximizing stablecoin yields on Ethereum Mainnet. We are now bringing this strategy to L2s, beginning with Arbitrum.
The strategy will accept USDC, USDC.e, USDT, and DAI as deposit assets. It will take exposure to Uniswap V3, Aave V3, and Compound V3.
Proposal for cellar authorization for strategy Real Yield USD
If approved, the chain will accept signed function calls submitted to the cellar contract from the strategy provider.
Name: Real Yield USD
Cellar share token: RYUSD
Strategy providers: Seven Seas Capital
Deployment: TBD
Platform fee: 1% (0.85% for strategy provider + 0.15% for protocol)
Performance fee: 20% (17% for strategy provider, 3% for protocol)