[SIP2.35] Add Gearbox WETH Pool curated by KPK to Lazy Summer ETH Lower-Risk Vault

Governance Summer Improvement Proposals [SIPs]
, , ,
1

SIP2.35: Add Gearbox WETH Pool curated by KPK to Lazy Summer ETH Lower-Risk Vault

Tags: ark-onboarding, sip2, usdc, mainnet
Submission Date: 18 Oct 2025
Author: @desnakeee.eth

Summary

Proposal to onboard the kpk Gearbox WETH lending pool collateralized with blue-chip LRTs and yield-bearing ETH derivatives into Summer.fi’s ETH Mainnet Lower-Risk vault as a new strategy.

kpk is a DeFi-native treasury management and liquidity driving organisation, specialising in non-custodial asset stewardship and strategic capital allocation. With deep experience in on-chain operations, governance participation, and liquidity infrastructure, kpk brings an agile, research-first framework to deploying and organising capital across DeFi.

Specifications

  • Vault: Summer.fi ETH Lower-Risk (Ethereum Mainnet)

  • New ARK: KPK Gearbox WETH Pool

  • Pool: Gearbox Protocol - Composable Leverage

  • Supported Collaterals:

    • ETH+

    • wstETH

    • rsETH

    • ezETH

    • rstETH

    • cbETH

    • more to come driven by active BD and unique integrations

  • Asset Type: ERC‑4626 lending pool, risk-profile aligned with existing lending ARKs

  • Network: Ethereum Mainnet

Risk & Integration

  • Block Analitica review: Will define caps, cooldowns, exposure thresholds, and other parameters.

  • Protocol trust & security: Gearbox has 4+ years track-record without security incidents, audited extensively (ChainSecurity, ABDK, Decurity, MixBytes, WatchPug).

  • Seamless integration: Gearbox’s ERC‑4626 compatible pool fits cleanly within Lazy Summer’s architecture.

Next Steps

  1. Feedback from @Recognized_Delegates

  2. @BlockAnalitica to post final parameters

  3. Proceed to on-chain vote if no blocking issues arise

3 Likes
2

Thank you @desnakeee.eth for the proposal. This Gearbox WETH Pool looks like another interesting addition to the ETH lower-risk lineup. The Gearbox + KPK combo has a lot of operational maturity and alignment with the protocol’s risk framework, so I am excited about our first KPK curated pool integration.

That said, just a small governance note:

To keep things consistent and transparent, it’s best for new integrations like this to first go through an RFC phase before moving into a formal SIP. The RFC stage gives the wider community (and risk reviewers) a clear window to surface any early feedback or dependencies before parameters are finalized.

See the latest post on this topics here: Strengthening the Governance Flow: from RFC to SIP to Onchain - #3 by jensei

Otherwise, solid work @desnakeee.eth, once this gets a round of @Recognized_Delegates and @BlockAnalitica review, it should be well-positioned for an onchain vote transition.

3 Likes
3

I am for the KPK Gearbox WETH Pool

1 Like
4

Full support from my side.

1 Like
5

Strong proposal with clear structure and solid security credentials (Gearbox’s 4+ year track record, multiple audits). However, the proposal lacks critical quantitative details needed for informed decision-making—specifically missing are TVL/APY metrics, the actual list of supported collateral assets (LRTs/ETH derivatives), and concrete parameter ranges for caps/cooldowns rather than leaving everything TBD for Block Analitica.

1 Like