Let’s Dive in! Turbo charge your yield now with the Turbo divETH Vault, powered by Sommelier, and Sponsored by Seven Seas Finance.
Turbo divETH Vault Timeline
Pre-divETH Launch Phase:
Now to End of Q1/Q2: Turbo divETH vault open for deposits to signal interest in divETH. Early depositors secure higher DIVA token allocation rates.
Vault Participation: Open to all, prioritizing Rocket Pool community with rETH-ETH Balancer BPT token deposits. Majority of BPT tokens staked on Aura; remainder facilitates withdrawals.
Post-divETH Launch Phase:
divETH Launch and Oracle Support: Integration of divETH into vault operations, enabling conversion of ETH into divETH and liquidity provision for rETH-divETH on major DEXs.
Liquidity and Lending Strategies: Activation of strategies on Uniswap v3, Balancer/Aura, Aave, Compound, Morpho, Morpho Blue, and Fraxlend. Expansion to include more DeFi protocols via Sommelier governance.
DIVA Token Allocation: Continuation of DIVA token allocation to vault participants as per the initial rate table.
Sommelier Finance
Sommelier is a decentralized asset management protocol that secures over $75M in TVL. It has undergone multiple audits with 0xMacro and has a bug bounty program on ImmuneFi. Sommelier vaults are used by crypto natives (e.g., top DeBank users), DAOs, Family Offices and Hedge Funds
Participate Now in 3 Simple Steps
Make sure you’ve already added liquidity to the rETH-ETH pool on Balancer:
2. Visit https://app.sommelier.finance/strategies/Turbo-divETH/manage, and connect your wallet.
3. Click on Deposit and then Submit. And voilà! You have successfully turbo charged your ETH with Sommelier + Diva!
Learn more about the Turbo divETH Vault here! → Gain Early Exposure to the Diva Staking Ecosystem with the Turbo divETH Vault
Have additional questions on how to begin staking? Join the Diva Staking Community now → Diva Staking Discord