# \[SIP2.9\] Adding OETH to ETH Higher Risk Strategy

**URL:** <https://forum.summer.fi/t/sip2-9-adding-oeth-to-eth-higher-risk-strategy/217>\
**Category:** Summer Improvement Proposals \[SIPs\]\
**Tags:** sip2, ark-onboarding, mainnet, oeth\
**Created:** [May 15, 2025, 7:46pm UTC](https://forum.summer.fi/t/sip2-9-adding-oeth-to-eth-higher-risk-strategy/217 "2025-05-15T19:46:09Z")\
**Posts on this page:** 5\
**Page:** 1

<div class="post-metadata">

**Author:** ![pete](https://yyz1.discourse-cdn.com/flex009/user_avatar/forum.summer.fi/pete/32/84_2.png) [@pete](https://forum.summer.fi/u/pete)\
**Post date:** [May 15, 2025, 7:46pm UTC](https://forum.summer.fi/t/sip2-9-adding-oeth-to-eth-higher-risk-strategy/217/1 "2025-05-15T19:46:09Z")

</div>

## **Summary**

This SIP proposes integrating [Origin Ether](http://oeth.com/) into the ETH Mainnet (Higher Risk) vault in the Lazy Summer Protocol.

Extensive discussion and technical diligence have confirmed that OETH’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](https://forum.summer.fi/t/rfc-onboard-two-new-eth-vaults-including-lazy-summers-first-higher-risk-strategy/161)

Adding OETH will diversify ETH yield strategies, tap into Origin’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 Origin’s staked ETH-backed product, adding a complementary ETH yield stream alongside existing ARKs.
- **Attract new user types** – Engages current OETH 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** | OETH |
| **Contracts** | Standard: [0x856c4Efb76C1D1AE02e20CEB03A2A6a08b0b8dC3](https://etherscan.io/address/0x856c4Efb76C1D1AE02e20CEB03A2A6a08b0b8dC3) Wrapped 4626: [0xDcEe70654261AF21C44c093C300eD3Bb97b78192](https://etherscan.io/address/0xDcEe70654261AF21C44c093C300eD3Bb97b78192) |
| **Risk Level** | Higher Risk |
| **$SUMR Rewards** | In line with ETH Higher Risk SUMR Rewards |

@jensei [@Recognized\_Delegates](https://forum.summer.fi/groups/recognized_delegates) @chrisb @halaprix @0xtucks @samehueasyou

---

<div class="post-metadata">

**Author:** ![halaprix](https://yyz1.discourse-cdn.com/flex009/user_avatar/forum.summer.fi/halaprix/32/13_2.png) [@halaprix](https://forum.summer.fi/u/halaprix)\
**Post date:** [May 16, 2025, 7:09am UTC](https://forum.summer.fi/t/sip2-9-adding-oeth-to-eth-higher-risk-strategy/217/2 "2025-05-16T07:09:53Z")

</div>

Link to the onchain proposal :

> **[Tally | Lazy Summer DAO (Official) | SIP2.9: Add 1 Ark to...](https://www.tally.xyz/gov/lazy-summer-dao-official/proposal/5341216434111752681969375073120435240418976990047383415183187576137814349040)**
>
> SIP2.9: Add 1 Ark to LazyVault\_HigherRisk\_WETH Fleet on mainnet

---

<div class="post-metadata">

**Author:** ![jensei](https://yyz1.discourse-cdn.com/flex009/user_avatar/forum.summer.fi/jensei/32/69_2.png) [@jensei](https://forum.summer.fi/u/jensei)\
**Post date:** [May 16, 2025, 10:31am UTC](https://forum.summer.fi/t/sip2-9-adding-oeth-to-eth-higher-risk-strategy/217/3 "2025-05-16T10:31:27Z")

</div>

Thank you @pete for the proposal. I have now made some copy edits and added tags to align it with the existing Vaults structure. Looking forward to the Risk assesment from the @BlockAnalitica.

–jensei

---

<div class="post-metadata">

**Author:** ![Raphael\_Anode](https://yyz1.discourse-cdn.com/flex009/user_avatar/forum.summer.fi/raphael_anode/32/476_2.png) [@Raphael\_Anode](https://forum.summer.fi/u/Raphael_Anode)\
**Post date:** [May 19, 2025, 9:05am UTC](https://forum.summer.fi/t/sip2-9-adding-oeth-to-eth-higher-risk-strategy/217/4 "2025-05-19T09:05:49Z")

</div>

As with SIP 2.10, Origin is a good actor in this space, and support adding it to the higher risk tier.

---

<div class="post-metadata">

**Author:** ![jensei](https://yyz1.discourse-cdn.com/flex009/user_avatar/forum.summer.fi/jensei/32/69_2.png) [@jensei](https://forum.summer.fi/u/jensei)\
**Post date:** [March 11, 2026, 3:02pm UTC](https://forum.summer.fi/t/sip2-9-adding-oeth-to-eth-higher-risk-strategy/217/5 "2026-03-11T15:02:33Z")

</div>

Closed on March 11, 2026, 3:02pm UTC