[SIP2.10] Adding superOETH to ETH Lower Risk Strategy

Governance Summer Improvement Proposals
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Summary

This SIP proposes integrating Super OETH into the ETH Base (Lower Risk) vault in the Lazy Summer Protocol.

Discussion and technical diligence have confirmed that superOETH’s redemption mechanics, fees and other technical considerations meet Lazy Summer’s standards, see previous thread comments: [RFC] Onboard Two New ETH Vaults: Including Lazy Summer's first higher risk strategy - #3 by pete

Adding superOETH will diversify ETH yield strategies, tap into Origin’s unique liquid staking model, and expand Lazy Summer’s yield-generating sources beyond standard DeFi lending protocols.

Motivation

  • Expand yield sources – Provides exposure to Origin’s high-yield staked ETH-backed product, adding a complementary ETH yield stream alongside existing ARKs.
  • Attract new user types – Engages current superOETH holders, deepening penetration into the ETH staking ecosystem.
  • Increase TVL – Adds a ETH ARK, supporting Lazy Summer’s ETH vault growth objectives.

Specification

Parameter Value
Vault ETH Base – Lower Risk
Network Base
New ARK superOETH
Contracts Standard: 0xDBFeFD2e8460a6Ee4955A68582F85708BAEA60A3 Wrapped 4626: 0x7FcD174E80f264448ebeE8c88a7C4476AAF58Ea6
Risk Level Lower Risk
$SUMR Rewards In line with ETH Lower Risk SUMR Rewards

@jensei @Recognized_Delegates @chrisb @halaprix @0xtucks @samehueasyou

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Link to the onchain proposal:

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Thank you @pete for formalizing another proposal. I have made some copy edits and added tags to align it with the existing Vaults structure here as well. Looking forward to the Risk assesment from the @BlockAnalitica.

–jensei

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We’ve seen the support and professionalism the Origin team provided at Reserve, and can highly recommend supporting this.

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