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.