[SIP2.19] Integration of Silo Sonic - Greenhouse USDC

SIP-2.19: Integration of Silo Sonic - Greenhouse USDC

Summary & Motivation This proposal recommends integrating the “Greenhouse USDC” vault from Silo Finance, deployed on the Sonic network. The goal is to add another robust yield source to our earn-side platform. The Greenhouse USDC vault offers a competitive APR, strengthening our offerings on the Sonic network and ensuring our users have access to diverse, high-quality yield strategies.

Specification

Parameter Details
Vault Name (Protocol) Silo Sonic USDC Earn - Greenhouse
Network Sonic
Underlying Asset USDC
Silo Vault Address 0xf6bC16B79c469b94Cdd25F3e2334DD4FEE47A581
Yield Components Native Interest + wS tokens + SILO tokens
Reported APR 12.8% (9% 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 the Greenhouse USDC vault.

4 Likes

In support of bringing this one to Sonic USDC Fleet, seems like a nice step for building out yield depth, with potentially highest APR present at the moment.

1 Like

Hello! Log from the greenhouse team, excited to see summer.fi taking advantage of our competitive yields, let me know if you have any questions!

2 Likes

Welcome, @Log! :waving_hand:
Great to have you here — thanks for dropping in from the Greenhouse team. We’re excited about the integration and looking forward to more collaboration ahead! :seedling::droplet:

2 Likes

Looks like a sensible addition that aligns with the broader goals. Excited to see how it plays out.

2 Likes

I think it’s a solid, practical move — integrating the Greenhouse USDC vault into Sonic alongside other Silo vaults broadens USDC yield options and boosts protocol efficiency.

2 Likes