Summary
This SIP proposes integrating Fluid Lite ETH into the ETH Mainnet (Lower Risk) vault in the Lazy Summer Protocol.
Extensive discussion and technical diligence have confirmed that Fluid Lite ETH’s redemption mechanics, fees and other technical considerations meet Lazy Summer’s standards, see previous thread [RFC] Onboard Two New ETH Vaults: Including Lazy Summer's first higher risk strategy
Adding Lite ETH will diversify ETH yield strategies, tap into Fluid’s unique liquid staking model, and expand Lazy Summer’s yield-generating sources beyond standard DeFi lending protocols.
Motivation
- Expand yield sources – Provides exposure to Fluid’s staked ETH-backed product, adding a complementary ETH yield stream alongside existing ARKs.
- Attract new user types – Engages stETH and Fluid Lite ETH holders, deepening penetration into the ETH staking ecosystem.
- Increase TVL – Adds a ETH ARK, supporting Lazy Summer’s ETH vault growth objectives.
Specification
Parameter | Value |
---|---|
Vault | ETH Mainnet – Higher Risk |
Network | Ethereum Mainnet |
New ARK | FLUID Lite ETH |
Contract | 0x9600A48ed0f931d0c422D574e3275a90D8b22745 |
Risk Level | Higher Risk |
$SUMR Rewards | In line with ETH Higher Risk SUMR Rewards |