Challenge:

LSD Vault based on Cetus- Focus on stSUI-SUI pool on Cetus (stSUI generally refers to all forms of liquid staking token, which may come with a different name).

• Allow users to easily add liquidity to the vault and get fungible LP tokens from the vault as ownership proof.
• The vault is responsible for adding liquidity to corresponding pools on Cetus and its further position management.
• A reasonable position rebalancing mechanism should be in place to maintain high capital efficiency, and in the case that market price experiences significant change.
• The auto-compound feature that can help users to accrue transaction fee earnings and farming rewards will be welcome.
• Providing a smart contract method to allow developers to easily get the underlying asset amounts of an LP token is necessary for further composibility.

Award: 5000 USD $CETUS