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

[Sixty]

[SIP7.1] Add staked Cap USD to USDC DAO Managed vault

Hey @samehueasyou, while this could potentially be a great addition if conditions improve, I don’t currently see much value in onboarding this ARK. [stcUSD 1Y yields] As you can see in the above chart, stcUSD yields have been compressing under 5% over the past year, and there is a high likelihood that this downtrend will continue. [stcUSD yield sources] Also of note, close to 50% of the yield generated by stcUSD is also currently derived from the Morpho - Gauntlet USDC Frontier V2 vault, w…

Given the current yield on the BA Managed USDC Higher Risk Vault, the addition of stcUSD to this ARK makes a lot more sense.