SIP-2.18: Integration of Silo Arbitrum - USDC Vault
Summary & Motivation This proposal is to whitelist the Silo Finance USDC vault at 0x2BA...f1ee on the Arbitrum network for earn-side deposits. Integrating this vault provides users with a high-yield USDC strategy on a key Layer 2 network, offering a compelling APR and promoting cross-chain diversification for our protocol’s yield offerings. The attractive returns present a valuable opportunity to enhance user earnings.
Specification
| Parameter | Details |
|---|---|
| Vault Name (Protocol) | Silo Arbitrum USDC Earn |
| Network | Arbitrum |
| Underlying Asset | USDC |
| Silo Vault Address | 0x2BA39e5388aC6C702Cb29AEA78d52aa66832f1ee |
| Yield Components | Native Interest + SILO Tokens |
| Reported APR | 16.8% (11.1% discounted) |
| Integration Type | Earn-side deposits enabled |
| Fleet | Lower risk. |
Voting Pending community feedback, this proposal will proceed to a formal governance vote to authorize the integration of this Arbitrum-based USDC vault.