[SIP2.12] - Adding new Term finance ark to ETH Higher Risk Strategy

Governance Summer Improvement Proposals
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Summary This SIP proposes integrating the new “(Term) Summer.fi ETH Vault” into the Lazy Summer Higher Risk ETH Vault on Ethereum Mainnet. This vault will generate yield via active fixed-rate, fixed-term ETH loans on Term Finance and by depositing idle liquidity into Summer.fi Lazy Summer Lower Risk ETH Vaults.

Motivation To diversify and enhance yield generation for the Lazy Summer Higher Risk ETH Vault by adding an actively managed term lending strategy. This collaboration between Summer.fi and Term Finance aims to increase deposits and offer users attractive, above-market yields.

Specification

Parameter Value
Vault Name (New Ark) (Term) Summer.fi ETH Vault
Target Protocol Vault Lazy Summer Higher Risk ETH Vault
Network Ethereum Mainnet
Primary Asset ETH
Yield Components Fixed-rate Term Finance loans + Summer.fi Lower Risk ETH Vault yield + Incentives
Projected APR ~4% (based on current Term ETH Meta Vault Yield)
Contract Address 0x6e7d87a64c78593781452a014dc989100B24a4aF
Integration Type Add as a yield source/ARK to Lazy Summer Higher Risk ETH Vault

Voting A formal governance vote will be initiated to authorize this integration.

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Thanks for putting this together @halaprix.

Excited to see the Lazy Summer ETH vault strategy expanding with more nuanced, actively managed approaches like this.

Curious to see how much TVL this ARK can attract, especially once we see real yield data flowing from the Term side. Would also be great to track utilization and term length distribution once live.

Fully support moving this to vote.

–jensei

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