[SIP2.55] Onboard CAP Protocol to USDC Higher Risk

1. Overview

This proposal seeks to onboard a new ark, CAP Protocol, in the USDC Higher risk fleet within the BA-Managed vaults.

2. Motivation

The current higher risk fleet seeks to track the best performing yields in DeFi, whilst also providing best in class risk management. CAP protocol falls into this category

3. Specification

Asset Vault Name Contract Address Target Protocol Risk Level
USDC Staked cUSD 0x88887be419578051ff9f4eb6c858a951921d8888 Cap Protocol Higher Risk

4. Risk Assessment

5. Voting

  • Voting YES will whitelist the staked Cap USD ark for the USDC higher risk vault
  • Voting NO will maintain the current allocations and will not onboard the new yield strategies.