[SIP2.8] Adding Fluid to ETH Higher Risk Strategy

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

@jensei @Recognized_Delegates @chrisb @halaprix @0xtucks

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Hereby voicing support for this addition.

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Fluid Lite ETH brings another diversification angle to the ETH Higher Risk vault. This helps Lazy Summer offer broader exposure across the ETH yield landscape.

Let’s move this forward after any final review from @BlockAnalitica.

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Big fan of adding this too. It’s exactly the sort of thing that the Higher Risk strategies are for IMO.

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