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pragma solidity ^0.8.10;
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library Math {
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function max(uint256 a, uint256 b) internal pure returns (uint256) {
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return a >= b ? a : b;
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}
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function min(uint256 a, uint256 b) internal pure returns (uint256) {
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return a < b ? a : b;
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}
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function average(uint256 a, uint256 b) internal pure returns (uint256) {
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return (a & b) + (a ^ b) / 2;
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}
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function ceilDiv(uint256 a, uint256 b) internal pure returns (uint256) {
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return a / b + (a % b == 0 ? 0 : 1);
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}
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}
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interface IERC20 {
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function totalSupply() external view returns (uint256);
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function balanceOf(address account) external view returns (uint256);
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function transfer(address to, uint256 amount) external returns (bool);
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function allowance(address owner, address spender) external view returns (uint256);
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function approve(address spender, uint256 amount) external returns (bool);
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function transferFrom(
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address from,
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address to,
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uint256 amount
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) external returns (bool);
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event Transfer(address indexed from, address indexed to, uint256 value);
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event Approval(address indexed owner, address indexed spender, uint256 value);
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}
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contract BaseMath {
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uint constant public DECIMAL_PRECISION = 1e18;
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}
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contract ChickenMath is BaseMath {
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function decMul(uint256 x, uint256 y) internal pure returns (uint256) {
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return (x * y + DECIMAL_PRECISION / 2) / DECIMAL_PRECISION;
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}
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function decPow(uint256 _base, uint256 _exponent) internal pure returns (uint) {
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if (_exponent > 525600000) {_exponent = 525600000;}
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if (_exponent == 0) {return DECIMAL_PRECISION;}
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uint256 y = DECIMAL_PRECISION;
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uint256 x = _base;
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uint256 n = _exponent;
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while (n > 1) {
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if (n % 2 != 0) {
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y = decMul(x, y);
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}
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x = decMul(x, x);
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n = n / 2;
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}
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return decMul(x, y);
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}
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}
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interface IERC165 {
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function supportsInterface(bytes4 interfaceId) external view returns (bool);
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}
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interface IERC721 is IERC165 {
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event Transfer(address indexed from, address indexed to, uint256 indexed tokenId);
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event Approval(address indexed owner, address indexed approved, uint256 indexed tokenId);
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event ApprovalForAll(address indexed owner, address indexed operator, bool approved);
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function balanceOf(address owner) external view returns (uint256 balance);
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function ownerOf(uint256 tokenId) external view returns (address owner);
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function safeTransferFrom(
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address from,
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address to,
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uint256 tokenId
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) external;
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function transferFrom(
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address from,
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address to,
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uint256 tokenId
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) external;
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function approve(address to, uint256 tokenId) external;
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function getApproved(uint256 tokenId) external view returns (address operator);
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function setApprovalForAll(address operator, bool _approved) external;
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function isApprovedForAll(address owner, address operator) external view returns (bool);
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function safeTransferFrom(
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address from,
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address to,
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uint256 tokenId,
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bytes calldata data
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) external;
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}
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interface IERC721Enumerable is IERC721 {
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function totalSupply() external view returns (uint256);
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function tokenOfOwnerByIndex(address owner, uint256 index) external view returns (uint256);
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function tokenByIndex(uint256 index) external view returns (uint256);
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}
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interface ILUSDToken is IERC20 {
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event TroveManagerAddressChanged(address _troveManagerAddress);
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event StabilityPoolAddressChanged(address _newStabilityPoolAddress);
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event BorrowerOperationsAddressChanged(address _newBorrowerOperationsAddress);
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event LUSDTokenBalanceUpdated(address _user, uint _amount);
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function mint(address _account, uint256 _amount) external;
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function burn(address _account, uint256 _amount) external;
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function sendToPool(address _sender, address poolAddress, uint256 _amount) external;
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function returnFromPool(address poolAddress, address user, uint256 _amount ) external;
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function permit(
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address owner,
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address spender,
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uint256 value,
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uint256 deadline,
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uint8 v,
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bytes32 r,
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bytes32 s
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) external;
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}
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interface IBLUSDToken is IERC20 {
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function mint(address _to, uint256 _bLUSDAmount) external;
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function burn(address _from, uint256 _bLUSDAmount) external;
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}
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interface ICurvePool is IERC20 {
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function add_liquidity(uint256[2] memory _amounts, uint256 _min_mint_amount) external returns (uint256 mint_amount);
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function remove_liquidity(uint256 burn_amount, uint256[2] memory _min_amounts) external;
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function remove_liquidity_one_coin(uint256 _burn_amount, int128 i, uint256 _min_received) external;
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function exchange(int128 i, int128 j, uint256 dx, uint256 min_dy, address _receiver) external returns (uint256);
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function exchange_underlying(int128 i, int128 j, uint256 dx, uint256 min_dy, address _receiver) external returns (uint256);
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function calc_withdraw_one_coin(uint256 _burn_amount, int128 i) external view returns (uint256);
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function calc_token_amount(uint256[2] memory _amounts, bool _is_deposit) external view returns (uint256);
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function balances(uint256 arg0) external view returns (uint256);
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function token() external view returns (address);
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function totalSupply() external view returns (uint256);
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function get_dy(int128 i,int128 j, uint256 dx) external view returns (uint256);
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function get_dy_underlying(int128 i,int128 j, uint256 dx) external view returns (uint256);
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function get_virtual_price() external view returns (uint256);
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function fee() external view returns (uint256);
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function D() external returns (uint256);
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function future_A_gamma_time() external returns (uint256);
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}
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interface IYearnVault is IERC20 {
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function deposit(uint256 _tokenAmount) external returns (uint256);
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function withdraw(uint256 _tokenAmount) external returns (uint256);
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function lastReport() external view returns (uint256);
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function totalDebt() external view returns (uint256);
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function calcTokenToYToken(uint256 _tokenAmount) external pure returns (uint256);
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function token() external view returns (address);
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function availableDepositLimit() external view returns (uint256);
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function pricePerShare() external view returns (uint256);
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function name() external view returns (string memory);
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function setDepositLimit(uint256 limit) external;
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function withdrawalQueue(uint256) external returns (address);
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}
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interface IBAMM {
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function deposit(uint256 lusdAmount) external;
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function withdraw(uint256 lusdAmount, address to) external;
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function swap(uint lusdAmount, uint minEthReturn, address payable dest) external returns(uint);
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function getSwapEthAmount(uint lusdQty) external view returns(uint ethAmount, uint feeLusdAmount);
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function getLUSDValue() external view returns (uint256, uint256, uint256);
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function setChicken(address _chicken) external;
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}
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interface IChickenBondManager {
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enum BondStatus {
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nonExistent,
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active,
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chickenedOut,
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chickenedIn
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}
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function lusdToken() external view returns (ILUSDToken);
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function bLUSDToken() external view returns (IBLUSDToken);
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function curvePool() external view returns (ICurvePool);
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function bammSPVault() external view returns (IBAMM);
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function yearnCurveVault() external view returns (IYearnVault);
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function INDEX_OF_LUSD_TOKEN_IN_CURVE_POOL() external pure returns (int128);
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function createBond(uint256 _lusdAmount) external returns (uint256);
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function createBondWithPermit(
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address owner,
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uint256 amount,
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uint256 deadline,
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uint8 v,
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bytes32 r,
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bytes32 s
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) external returns (uint256);
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function chickenOut(uint256 _bondID, uint256 _minLUSD) external;
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function chickenIn(uint256 _bondID) external;
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function redeem(uint256 _bLUSDToRedeem, uint256 _minLUSDFromBAMMSPVault) external returns (uint256, uint256);
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function calcRedemptionFeePercentage(uint256 _fractionOfBLUSDToRedeem) external view returns (uint256);
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function getBondData(uint256 _bondID) external view returns (uint256 lusdAmount, uint64 claimedBLUSD, uint64 startTime, uint64 endTime, uint8 status);
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function getLUSDToAcquire(uint256 _bondID) external view returns (uint256);
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function calcAccruedBLUSD(uint256 _bondID) external view returns (uint256);
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function calcBondBLUSDCap(uint256 _bondID) external view returns (uint256);
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function getLUSDInBAMMSPVault() external view returns (uint256);
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function calcTotalYearnCurveVaultShareValue() external view returns (uint256);
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function calcTotalLUSDValue() external view returns (uint256);
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function getPendingLUSD() external view returns (uint256);
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function getAcquiredLUSDInSP() external view returns (uint256);
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function getAcquiredLUSDInCurve() external view returns (uint256);
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function getTotalAcquiredLUSD() external view returns (uint256);
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function getPermanentLUSD() external view returns (uint256);
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function getOwnedLUSDInSP() external view returns (uint256);
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function getOwnedLUSDInCurve() external view returns (uint256);
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function calcSystemBackingRatio() external view returns (uint256);
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function calcUpdatedAccrualParameter() external view returns (uint256);
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function getBAMMLUSDDebt() external view returns (uint256);
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}
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interface IBondNFT is IERC721Enumerable {
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struct BondExtraData {
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uint80 initialHalfDna;
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uint80 finalHalfDna;
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uint32 troveSize;
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uint32 lqtyAmount;
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uint32 curveGaugeSlopes;
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}
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function mint(address _bonder, uint256 _permanentSeed) external returns (uint256, uint80);
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function setFinalExtraData(address _bonder, uint256 _tokenID, uint256 _permanentSeed) external returns (uint80);
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function chickenBondManager() external view returns (IChickenBondManager);
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function getBondAmount(uint256 _tokenID) external view returns (uint256 amount);
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function getBondStartTime(uint256 _tokenID) external view returns (uint256 startTime);
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function getBondEndTime(uint256 _tokenID) external view returns (uint256 endTime);
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function getBondInitialHalfDna(uint256 _tokenID) external view returns (uint80 initialHalfDna);
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function getBondInitialDna(uint256 _tokenID) external view returns (uint256 initialDna);
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function getBondFinalHalfDna(uint256 _tokenID) external view returns (uint80 finalHalfDna);
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function getBondFinalDna(uint256 _tokenID) external view returns (uint256 finalDna);
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function getBondStatus(uint256 _tokenID) external view returns (uint8 status);
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function getBondExtraData(uint256 _tokenID) external view returns (uint80 initialHalfDna, uint80 finalHalfDna, uint32 troveSize, uint32 lqtyAmount, uint32 curveGaugeSlopes);
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}
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interface IYearnRegistry {
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function latestVault(address _tokenAddress) external returns (address);
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}
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interface ICurveLiquidityGaugeV5 is IERC20 {
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function reward_data(address _reward_token) external returns (
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address token,
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address distributor,
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uint256 period_finish,
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uint256 rate,
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uint256 last_update,
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uint256 integral
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);
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function deposit(uint256 _value) external;
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function deposit(uint256 _value, address _addr) external;
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function deposit(uint256 _value, address _addr, bool _claim_rewards) external;
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function withdraw(uint256 _value) external;
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function withdraw(uint256 _value, bool _claim_rewards) external;
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function claim_rewards() external;
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function claim_rewards(address _addr) external;
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function claim_rewards(address _addr, address _receiver) external;
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function user_checkpoint(address addr) external returns (bool);
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function set_rewards_receiver(address _receiver) external;
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function kick(address addr) external;
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function deposit_reward_token(address _reward_token, uint256 _amount) external;
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function add_reward(address _reward_token, address _distributor) external;
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function set_reward_distributor(address _reward_token, address _distributor) external;
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function set_killed(bool _is_killed) external;
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function claimed_reward(address _addr, address _token) external view returns (uint256);
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function claimable_reward(address _user, address _reward_token) external view returns (uint256);
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function claimable_tokens(address addr) external view returns (uint256);
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function integrate_checkpoint() external view returns (uint256);
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function future_epoch_time() external view returns (uint256);
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function inflation_rate() external view returns (uint256);
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function version() external view returns (string memory);
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}
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contract ChickenBondManager is ChickenMath, IChickenBondManager {
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IBondNFT immutable public bondNFT;
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IBLUSDToken immutable public bLUSDToken;
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ILUSDToken immutable public lusdToken;
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ICurvePool immutable public curvePool;
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ICurvePool immutable public curveBasePool;
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IBAMM immutable public bammSPVault;
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IYearnVault immutable public yearnCurveVault;
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IYearnRegistry immutable public yearnRegistry;
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ICurveLiquidityGaugeV5 immutable public curveLiquidityGauge;
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address immutable public yearnGovernanceAddress;
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uint256 immutable public CHICKEN_IN_AMM_FEE;
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uint256 private pendingLUSD;
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uint256 private permanentLUSD;
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uint256 private bammLUSDDebt;
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uint256 public yTokensHeldByCBM;
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struct ExternalAdresses {
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address bondNFTAddress;
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address lusdTokenAddress;
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address curvePoolAddress;
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address curveBasePoolAddress;
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address bammSPVaultAddress;
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address yearnCurveVaultAddress;
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address yearnRegistryAddress;
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address yearnGovernanceAddress;
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address bLUSDTokenAddress;
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address curveLiquidityGaugeAddress;
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}
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struct Params {
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uint256 targetAverageAgeSeconds;
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uint256 initialAccrualParameter;
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uint256 minimumAccrualParameter;
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uint256 accrualAdjustmentRate;
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uint256 accrualAdjustmentPeriodSeconds;
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uint256 chickenInAMMFee;
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uint256 curveDepositDydxThreshold;
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uint256 curveWithdrawalDxdyThreshold;
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uint256 bootstrapPeriodChickenIn;
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uint256 bootstrapPeriodRedeem;
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uint256 bootstrapPeriodShift;
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uint256 shifterDelay;
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uint256 shifterWindow;
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uint256 minBLUSDSupply;
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uint256 minBondAmount;
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uint256 nftRandomnessDivisor;
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uint256 redemptionFeeBeta;
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uint256 redemptionFeeMinuteDecayFactor;
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}
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struct BondData {
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uint256 lusdAmount;
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uint64 claimedBLUSD;
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uint64 startTime;
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uint64 endTime;
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BondStatus status;
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}
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uint256 public firstChickenInTime;
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uint256 public totalWeightedStartTimes;
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uint256 public lastRedemptionTime;
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uint256 public baseRedemptionRate;
|
|
mapping (uint256 => BondData) private idToBondData;
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
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|
|
|
|
|
|
|
|
bool public migration;
|
|
|
|
uint256 public countChickenIn;
|
|
uint256 public countChickenOut;
|
|
|
|
|
|
|
|
uint256 constant MAX_UINT256 = type(uint256).max;
|
|
int128 public constant INDEX_OF_LUSD_TOKEN_IN_CURVE_POOL = 0;
|
|
int128 constant INDEX_OF_3CRV_TOKEN_IN_CURVE_POOL = 1;
|
|
|
|
uint256 constant public SECONDS_IN_ONE_MINUTE = 60;
|
|
|
|
uint256 public immutable BOOTSTRAP_PERIOD_CHICKEN_IN;
|
|
uint256 public immutable BOOTSTRAP_PERIOD_REDEEM;
|
|
uint256 public immutable BOOTSTRAP_PERIOD_SHIFT;
|
|
|
|
uint256 public immutable SHIFTER_DELAY;
|
|
uint256 public immutable SHIFTER_WINDOW;
|
|
|
|
uint256 public immutable MIN_BLUSD_SUPPLY;
|
|
uint256 public immutable MIN_BOND_AMOUNT;
|
|
|
|
|
|
|
|
|
|
|
|
uint256 public immutable NFT_RANDOMNESS_DIVISOR;
|
|
|
|
|
|
|
|
|
|
|
|
uint256 public immutable BETA;
|
|
uint256 public immutable MINUTE_DECAY_FACTOR;
|
|
|
|
uint256 constant CURVE_FEE_DENOMINATOR = 1e10;
|
|
|
|
|
|
uint256 public immutable curveDepositLUSD3CRVExchangeRateThreshold;
|
|
uint256 public immutable curveWithdrawal3CRVLUSDExchangeRateThreshold;
|
|
|
|
|
|
uint256 public lastShifterCountdownStartTime;
|
|
|
|
|
|
|
|
|
|
uint256 public immutable deploymentTimestamp;
|
|
|
|
|
|
uint256 public immutable targetAverageAgeSeconds;
|
|
|
|
|
|
uint256 public immutable minimumAccrualParameter;
|
|
|
|
|
|
uint256 public immutable accrualAdjustmentMultiplier;
|
|
|
|
|
|
uint256 public immutable accrualAdjustmentPeriodSeconds;
|
|
|
|
|
|
uint256 public accrualParameter;
|
|
|
|
|
|
|
|
|
|
|
|
uint256 public accrualAdjustmentPeriodCount;
|
|
|
|
|
|
|
|
event BaseRedemptionRateUpdated(uint256 _baseRedemptionRate);
|
|
event LastRedemptionTimeUpdated(uint256 _lastRedemptionFeeOpTime);
|
|
event BondCreated(address indexed bonder, uint256 bondId, uint256 amount, uint80 bondInitialHalfDna);
|
|
event BondClaimed(
|
|
address indexed bonder,
|
|
uint256 bondId,
|
|
uint256 lusdAmount,
|
|
uint256 bLusdAmount,
|
|
uint256 lusdSurplus,
|
|
uint256 chickenInFeeAmount,
|
|
bool migration,
|
|
uint80 bondFinalHalfDna
|
|
);
|
|
event BondCancelled(address indexed bonder, uint256 bondId, uint256 principalLusdAmount, uint256 minLusdAmount, uint256 withdrawnLusdAmount, uint80 bondFinalHalfDna);
|
|
event BLUSDRedeemed(address indexed redeemer, uint256 bLusdAmount, uint256 minLusdAmount, uint256 lusdAmount, uint256 yTokens, uint256 redemptionFee);
|
|
event MigrationTriggered(uint256 previousPermanentLUSD);
|
|
event AccrualParameterUpdated(uint256 accrualParameter);
|
|
|
|
|
|
|
|
constructor
|
|
(
|
|
ExternalAdresses memory _externalContractAddresses,
|
|
Params memory _params
|
|
)
|
|
{
|
|
bondNFT = IBondNFT(_externalContractAddresses.bondNFTAddress);
|
|
lusdToken = ILUSDToken(_externalContractAddresses.lusdTokenAddress);
|
|
bLUSDToken = IBLUSDToken(_externalContractAddresses.bLUSDTokenAddress);
|
|
curvePool = ICurvePool(_externalContractAddresses.curvePoolAddress);
|
|
curveBasePool = ICurvePool(_externalContractAddresses.curveBasePoolAddress);
|
|
bammSPVault = IBAMM(_externalContractAddresses.bammSPVaultAddress);
|
|
yearnCurveVault = IYearnVault(_externalContractAddresses.yearnCurveVaultAddress);
|
|
yearnRegistry = IYearnRegistry(_externalContractAddresses.yearnRegistryAddress);
|
|
yearnGovernanceAddress = _externalContractAddresses.yearnGovernanceAddress;
|
|
|
|
deploymentTimestamp = block.timestamp;
|
|
targetAverageAgeSeconds = _params.targetAverageAgeSeconds;
|
|
accrualParameter = _params.initialAccrualParameter;
|
|
minimumAccrualParameter = _params.minimumAccrualParameter;
|
|
require(minimumAccrualParameter > 0, "CBM: Min accrual parameter cannot be zero");
|
|
accrualAdjustmentMultiplier = 1e18 - _params.accrualAdjustmentRate;
|
|
accrualAdjustmentPeriodSeconds = _params.accrualAdjustmentPeriodSeconds;
|
|
|
|
curveLiquidityGauge = ICurveLiquidityGaugeV5(_externalContractAddresses.curveLiquidityGaugeAddress);
|
|
CHICKEN_IN_AMM_FEE = _params.chickenInAMMFee;
|
|
|
|
uint256 fee = curvePool.fee();
|
|
|
|
|
|
|
|
|
|
|
|
|
|
curveDepositLUSD3CRVExchangeRateThreshold =
|
|
_params.curveDepositDydxThreshold * (CURVE_FEE_DENOMINATOR - fee) / CURVE_FEE_DENOMINATOR;
|
|
curveWithdrawal3CRVLUSDExchangeRateThreshold =
|
|
_params.curveWithdrawalDxdyThreshold * (CURVE_FEE_DENOMINATOR - fee) / CURVE_FEE_DENOMINATOR;
|
|
|
|
BOOTSTRAP_PERIOD_CHICKEN_IN = _params.bootstrapPeriodChickenIn;
|
|
BOOTSTRAP_PERIOD_REDEEM = _params.bootstrapPeriodRedeem;
|
|
BOOTSTRAP_PERIOD_SHIFT = _params.bootstrapPeriodShift;
|
|
SHIFTER_DELAY = _params.shifterDelay;
|
|
SHIFTER_WINDOW = _params.shifterWindow;
|
|
MIN_BLUSD_SUPPLY = _params.minBLUSDSupply;
|
|
require(_params.minBondAmount > 0, "CBM: MIN BOND AMOUNT parameter cannot be zero");
|
|
MIN_BOND_AMOUNT = _params.minBondAmount;
|
|
NFT_RANDOMNESS_DIVISOR = _params.nftRandomnessDivisor;
|
|
BETA = _params.redemptionFeeBeta;
|
|
MINUTE_DECAY_FACTOR = _params.redemptionFeeMinuteDecayFactor;
|
|
|
|
|
|
|
|
lusdToken.approve(address(bammSPVault), MAX_UINT256);
|
|
lusdToken.approve(address(curvePool), MAX_UINT256);
|
|
curvePool.approve(address(yearnCurveVault), MAX_UINT256);
|
|
lusdToken.approve(address(curveLiquidityGauge), MAX_UINT256);
|
|
|
|
|
|
assert(address(yearnCurveVault) == yearnRegistry.latestVault(address(curvePool)));
|
|
}
|
|
|
|
|
|
|
|
function createBond(uint256 _lusdAmount) public returns (uint256) {
|
|
_requireMinBond(_lusdAmount);
|
|
_requireMigrationNotActive();
|
|
|
|
_updateAccrualParameter();
|
|
|
|
|
|
(uint256 bondID, uint80 initialHalfDna) = bondNFT.mint(msg.sender, permanentLUSD / NFT_RANDOMNESS_DIVISOR);
|
|
|
|
|
|
BondData memory bondData;
|
|
bondData.lusdAmount = _lusdAmount;
|
|
bondData.startTime = uint64(block.timestamp);
|
|
bondData.status = BondStatus.active;
|
|
idToBondData[bondID] = bondData;
|
|
|
|
pendingLUSD += _lusdAmount;
|
|
totalWeightedStartTimes += _lusdAmount * block.timestamp;
|
|
|
|
lusdToken.transferFrom(msg.sender, address(this), _lusdAmount);
|
|
|
|
|
|
_depositToBAMM(_lusdAmount);
|
|
|
|
emit BondCreated(msg.sender, bondID, _lusdAmount, initialHalfDna);
|
|
|
|
return bondID;
|
|
}
|
|
|
|
function createBondWithPermit(
|
|
address owner,
|
|
uint256 amount,
|
|
uint256 deadline,
|
|
uint8 v,
|
|
bytes32 r,
|
|
bytes32 s
|
|
) external returns (uint256) {
|
|
|
|
if (lusdToken.allowance(owner, address(this)) < amount) {
|
|
lusdToken.permit(owner, address(this), amount, deadline, v, r, s);
|
|
}
|
|
return createBond(amount);
|
|
}
|
|
|
|
function chickenOut(uint256 _bondID, uint256 _minLUSD) external {
|
|
BondData memory bond = idToBondData[_bondID];
|
|
|
|
_requireCallerOwnsBond(_bondID);
|
|
_requireActiveStatus(bond.status);
|
|
|
|
_updateAccrualParameter();
|
|
|
|
idToBondData[_bondID].status = BondStatus.chickenedOut;
|
|
idToBondData[_bondID].endTime = uint64(block.timestamp);
|
|
uint80 newDna = bondNFT.setFinalExtraData(msg.sender, _bondID, permanentLUSD / NFT_RANDOMNESS_DIVISOR);
|
|
|
|
countChickenOut += 1;
|
|
|
|
pendingLUSD -= bond.lusdAmount;
|
|
totalWeightedStartTimes -= bond.lusdAmount * bond.startTime;
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
uint256 lusdToWithdraw = _requireEnoughLUSDInBAMM(bond.lusdAmount, _minLUSD);
|
|
|
|
|
|
_withdrawFromBAMM(lusdToWithdraw, msg.sender);
|
|
|
|
emit BondCancelled(msg.sender, _bondID, bond.lusdAmount, _minLUSD, lusdToWithdraw, newDna);
|
|
}
|
|
|
|
|
|
function _transferToRewardsStakingContract(uint256 _lusdToTransfer) internal {
|
|
uint256 lusdBalanceBefore = lusdToken.balanceOf(address(this));
|
|
curveLiquidityGauge.deposit_reward_token(address(lusdToken), _lusdToTransfer);
|
|
|
|
assert(lusdBalanceBefore - lusdToken.balanceOf(address(this)) == _lusdToTransfer);
|
|
}
|
|
|
|
function _withdrawFromSPVaultAndTransferToRewardsStakingContract(uint256 _lusdAmount) internal {
|
|
|
|
_withdrawFromBAMM(_lusdAmount, address(this));
|
|
|
|
|
|
_transferToRewardsStakingContract(_lusdAmount);
|
|
}
|
|
|
|
|
|
|
|
|
|
|
|
|
|
function _firstChickenIn(uint256 _bondStartTime, uint256 _bammLUSDValue, uint256 _lusdInBAMMSPVault) internal returns (uint256) {
|
|
|
|
|
|
require(block.timestamp >= _bondStartTime + BOOTSTRAP_PERIOD_CHICKEN_IN, "CBM: First chicken in must wait until bootstrap period is over");
|
|
firstChickenInTime = block.timestamp;
|
|
|
|
(
|
|
uint256 acquiredLUSDInSP,
|
|
,
|
|
,
|
|
,
|
|
|
|
) = _getLUSDSplit(_bammLUSDValue);
|
|
|
|
|
|
|
|
|
|
|
|
require(_lusdInBAMMSPVault >= acquiredLUSDInSP, "CBM: Not enough LUSD available in B.Protocol");
|
|
|
|
|
|
if (acquiredLUSDInSP > 0) {
|
|
_withdrawFromSPVaultAndTransferToRewardsStakingContract(acquiredLUSDInSP);
|
|
}
|
|
|
|
return _lusdInBAMMSPVault - acquiredLUSDInSP;
|
|
}
|
|
|
|
function chickenIn(uint256 _bondID) external {
|
|
BondData memory bond = idToBondData[_bondID];
|
|
|
|
_requireCallerOwnsBond(_bondID);
|
|
_requireActiveStatus(bond.status);
|
|
|
|
uint256 updatedAccrualParameter = _updateAccrualParameter();
|
|
(uint256 bammLUSDValue, uint256 lusdInBAMMSPVault) = _updateBAMMDebt();
|
|
|
|
(uint256 chickenInFeeAmount, uint256 bondAmountMinusChickenInFee) = _getBondWithChickenInFeeApplied(bond.lusdAmount);
|
|
|
|
|
|
|
|
|
|
|
|
|
|
if (bLUSDToken.totalSupply() == 0 && !migration) {
|
|
lusdInBAMMSPVault = _firstChickenIn(bond.startTime, bammLUSDValue, lusdInBAMMSPVault);
|
|
}
|
|
|
|
|
|
uint256 lusdToAcquire = _calcAccruedAmount(bond.startTime, bondAmountMinusChickenInFee, updatedAccrualParameter);
|
|
|
|
uint256 backingRatio = _calcSystemBackingRatioFromBAMMValue(bammLUSDValue);
|
|
uint256 accruedBLUSD = lusdToAcquire * 1e18 / backingRatio;
|
|
|
|
idToBondData[_bondID].claimedBLUSD = uint64(Math.min(accruedBLUSD / 1e18, type(uint64).max));
|
|
idToBondData[_bondID].status = BondStatus.chickenedIn;
|
|
idToBondData[_bondID].endTime = uint64(block.timestamp);
|
|
uint80 newDna = bondNFT.setFinalExtraData(msg.sender, _bondID, permanentLUSD / NFT_RANDOMNESS_DIVISOR);
|
|
|
|
countChickenIn += 1;
|
|
|
|
|
|
pendingLUSD -= bond.lusdAmount;
|
|
totalWeightedStartTimes -= bond.lusdAmount * bond.startTime;
|
|
|
|
|
|
uint256 lusdSurplus = bondAmountMinusChickenInFee - lusdToAcquire;
|
|
|
|
|
|
if (!migration) {
|
|
permanentLUSD += lusdSurplus;
|
|
} else {
|
|
|
|
(,lusdInBAMMSPVault,) = bammSPVault.getLUSDValue();
|
|
uint256 lusdToRefund = Math.min(lusdSurplus, lusdInBAMMSPVault);
|
|
if (lusdToRefund > 0) { _withdrawFromBAMM(lusdToRefund, msg.sender); }
|
|
}
|
|
|
|
bLUSDToken.mint(msg.sender, accruedBLUSD);
|
|
|
|
|
|
if (!migration && lusdInBAMMSPVault >= chickenInFeeAmount) {
|
|
_withdrawFromSPVaultAndTransferToRewardsStakingContract(chickenInFeeAmount);
|
|
}
|
|
|
|
emit BondClaimed(msg.sender, _bondID, bond.lusdAmount, accruedBLUSD, lusdSurplus, chickenInFeeAmount, migration, newDna);
|
|
}
|
|
|
|
function redeem(uint256 _bLUSDToRedeem, uint256 _minLUSDFromBAMMSPVault) external returns (uint256, uint256) {
|
|
_requireNonZeroAmount(_bLUSDToRedeem);
|
|
_requireRedemptionNotDepletingbLUSD(_bLUSDToRedeem);
|
|
|
|
require(block.timestamp >= firstChickenInTime + BOOTSTRAP_PERIOD_REDEEM, "CBM: Redemption after first chicken in must wait until bootstrap period is over");
|
|
|
|
(
|
|
uint256 acquiredLUSDInSP,
|
|
uint256 acquiredLUSDInCurve,
|
|
,
|
|
uint256 ownedLUSDInCurve,
|
|
uint256 permanentLUSDCached
|
|
) = _getLUSDSplitAfterUpdatingBAMMDebt();
|
|
|
|
uint256 fractionOfBLUSDToRedeem = _bLUSDToRedeem * 1e18 / bLUSDToken.totalSupply();
|
|
|
|
uint256 redemptionFeePercentage = migration ? 0 : _updateRedemptionFeePercentage(fractionOfBLUSDToRedeem);
|
|
|
|
uint256 redemptionFeeLUSD;
|
|
|
|
|
|
|
|
uint256 lusdToWithdrawFromSP;
|
|
{
|
|
uint256 acquiredLUSDInSPToRedeem = acquiredLUSDInSP * fractionOfBLUSDToRedeem / 1e18;
|
|
uint256 acquiredLUSDInSPToWithdraw = acquiredLUSDInSPToRedeem * (1e18 - redemptionFeePercentage) / 1e18;
|
|
redemptionFeeLUSD += acquiredLUSDInSPToRedeem - acquiredLUSDInSPToWithdraw;
|
|
lusdToWithdrawFromSP = _requireEnoughLUSDInBAMM(acquiredLUSDInSPToWithdraw, _minLUSDFromBAMMSPVault);
|
|
if (lusdToWithdrawFromSP > 0) { _withdrawFromBAMM(lusdToWithdrawFromSP, msg.sender); }
|
|
}
|
|
|
|
|
|
uint256 yTokensFromCurveVault;
|
|
if (ownedLUSDInCurve > 0) {
|
|
uint256 acquiredLUSDInCurveToRedeem = acquiredLUSDInCurve * fractionOfBLUSDToRedeem / 1e18;
|
|
uint256 lusdToWithdrawFromCurve = acquiredLUSDInCurveToRedeem * (1e18 - redemptionFeePercentage) / 1e18;
|
|
redemptionFeeLUSD += acquiredLUSDInCurveToRedeem - lusdToWithdrawFromCurve;
|
|
yTokensFromCurveVault = yTokensHeldByCBM * lusdToWithdrawFromCurve / ownedLUSDInCurve;
|
|
if (yTokensFromCurveVault > 0) { _transferFromCurve(msg.sender, yTokensFromCurveVault); }
|
|
}
|
|
|
|
|
|
permanentLUSD = permanentLUSDCached + redemptionFeeLUSD;
|
|
|
|
_requireNonZeroAmount(lusdToWithdrawFromSP + yTokensFromCurveVault);
|
|
|
|
|
|
bLUSDToken.burn(msg.sender, _bLUSDToRedeem);
|
|
|
|
emit BLUSDRedeemed(msg.sender, _bLUSDToRedeem, _minLUSDFromBAMMSPVault, lusdToWithdrawFromSP, yTokensFromCurveVault, redemptionFeeLUSD);
|
|
|
|
return (lusdToWithdrawFromSP, yTokensFromCurveVault);
|
|
}
|
|
|
|
function shiftLUSDFromSPToCurve(uint256 _maxLUSDToShift) external {
|
|
_requireShiftBootstrapPeriodEnded();
|
|
_requireMigrationNotActive();
|
|
_requireNonZeroBLUSDSupply();
|
|
_requireShiftWindowIsOpen();
|
|
|
|
(uint256 bammLUSDValue, uint256 lusdInBAMMSPVault) = _updateBAMMDebt();
|
|
uint256 lusdOwnedInBAMMSPVault = bammLUSDValue - pendingLUSD;
|
|
|
|
uint256 totalLUSDInCurve = getTotalLUSDInCurve();
|
|
|
|
_requirePermanentGreaterThanCurve(totalLUSDInCurve);
|
|
|
|
|
|
uint256 clampedLUSDToShift = Math.min(_maxLUSDToShift, lusdOwnedInBAMMSPVault);
|
|
|
|
|
|
clampedLUSDToShift = Math.min(clampedLUSDToShift, lusdInBAMMSPVault);
|
|
|
|
|
|
|
|
clampedLUSDToShift = Math.min(clampedLUSDToShift, permanentLUSD - totalLUSDInCurve);
|
|
|
|
_requireNonZeroAmount(clampedLUSDToShift);
|
|
|
|
|
|
|
|
uint256 _3crvVirtualPrice = curveBasePool.get_virtual_price();
|
|
uint256 initialExchangeRate = _getLUSD3CRVExchangeRate(_3crvVirtualPrice);
|
|
|
|
require(
|
|
initialExchangeRate > curveDepositLUSD3CRVExchangeRateThreshold,
|
|
"CBM: LUSD:3CRV exchange rate must be over the deposit threshold before SP->Curve shift"
|
|
);
|
|
|
|
|
|
_withdrawFromBAMM(clampedLUSDToShift, address(this));
|
|
|
|
|
|
uint256 lusd3CRVBalanceBefore = curvePool.balanceOf(address(this));
|
|
|
|
|
|
curvePool.add_liquidity([clampedLUSDToShift, 0], 0);
|
|
uint256 lusd3CRVBalanceDelta = curvePool.balanceOf(address(this)) - lusd3CRVBalanceBefore;
|
|
|
|
|
|
_depositToCurve(lusd3CRVBalanceDelta);
|
|
|
|
|
|
uint256 finalExchangeRate = _getLUSD3CRVExchangeRate(_3crvVirtualPrice);
|
|
|
|
require(
|
|
finalExchangeRate < initialExchangeRate &&
|
|
finalExchangeRate >= curveDepositLUSD3CRVExchangeRateThreshold,
|
|
"CBM: SP->Curve shift must decrease LUSD:3CRV exchange rate to a value above the deposit threshold"
|
|
);
|
|
}
|
|
|
|
function shiftLUSDFromCurveToSP(uint256 _maxLUSDToShift) external {
|
|
_requireShiftBootstrapPeriodEnded();
|
|
_requireMigrationNotActive();
|
|
_requireNonZeroBLUSDSupply();
|
|
_requireShiftWindowIsOpen();
|
|
|
|
|
|
uint256 ownedLUSDInCurve = getTotalLUSDInCurve();
|
|
uint256 clampedLUSDToShift = Math.min(_maxLUSDToShift, ownedLUSDInCurve);
|
|
_requireNonZeroAmount(clampedLUSDToShift);
|
|
|
|
|
|
|
|
uint256 _3crvVirtualPrice = curveBasePool.get_virtual_price();
|
|
uint256 initialExchangeRate = _get3CRVLUSDExchangeRate(_3crvVirtualPrice);
|
|
|
|
|
|
|
|
require(
|
|
initialExchangeRate > curveWithdrawal3CRVLUSDExchangeRateThreshold,
|
|
"CBM: 3CRV:LUSD exchange rate must be above the withdrawal threshold before Curve->SP shift"
|
|
);
|
|
|
|
|
|
uint256 lusd3CRVBalanceBefore = curvePool.balanceOf(address(this));
|
|
|
|
|
|
uint256 yTokensToBurnFromCurveVault = yTokensHeldByCBM * clampedLUSDToShift / ownedLUSDInCurve;
|
|
_withdrawFromCurve(yTokensToBurnFromCurveVault);
|
|
uint256 lusd3CRVBalanceDelta = curvePool.balanceOf(address(this)) - lusd3CRVBalanceBefore;
|
|
|
|
|
|
uint256 lusdBalanceBefore = lusdToken.balanceOf(address(this));
|
|
|
|
|
|
curvePool.remove_liquidity_one_coin(lusd3CRVBalanceDelta, INDEX_OF_LUSD_TOKEN_IN_CURVE_POOL, 0);
|
|
uint256 lusdBalanceDelta = lusdToken.balanceOf(address(this)) - lusdBalanceBefore;
|
|
|
|
|
|
|
|
|
|
|
|
_depositToBAMM(lusdBalanceDelta);
|
|
|
|
|
|
uint256 finalExchangeRate = _get3CRVLUSDExchangeRate(_3crvVirtualPrice);
|
|
|
|
require(
|
|
finalExchangeRate < initialExchangeRate &&
|
|
finalExchangeRate >= curveWithdrawal3CRVLUSDExchangeRateThreshold,
|
|
"CBM: Curve->SP shift must increase 3CRV:LUSD exchange rate to a value above the withdrawal threshold"
|
|
);
|
|
}
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
function _getInternalBAMMLUSDValue() internal view returns (uint256) {
|
|
(, uint256 lusdInBAMMSPVault,) = bammSPVault.getLUSDValue();
|
|
|
|
return Math.max(bammLUSDDebt, lusdInBAMMSPVault);
|
|
}
|
|
|
|
|
|
|
|
function _updateBAMMDebt() internal returns (uint256, uint256) {
|
|
(, uint256 lusdInBAMMSPVault,) = bammSPVault.getLUSDValue();
|
|
uint256 bammLUSDDebtCached = bammLUSDDebt;
|
|
|
|
|
|
|
|
|
|
|
|
if (lusdInBAMMSPVault > bammLUSDDebtCached) {
|
|
bammLUSDDebt = lusdInBAMMSPVault;
|
|
return (lusdInBAMMSPVault, lusdInBAMMSPVault);
|
|
}
|
|
|
|
return (bammLUSDDebtCached, lusdInBAMMSPVault);
|
|
}
|
|
|
|
function _depositToBAMM(uint256 _lusdAmount) internal {
|
|
bammSPVault.deposit(_lusdAmount);
|
|
bammLUSDDebt += _lusdAmount;
|
|
}
|
|
|
|
function _withdrawFromBAMM(uint256 _lusdAmount, address _to) internal {
|
|
bammSPVault.withdraw(_lusdAmount, _to);
|
|
bammLUSDDebt -= _lusdAmount;
|
|
}
|
|
|
|
|
|
|
|
function _depositToCurve(uint256 _lusd3CRV) internal {
|
|
uint256 yTokensBalanceBefore = yearnCurveVault.balanceOf(address(this));
|
|
yearnCurveVault.deposit(_lusd3CRV);
|
|
uint256 yTokensBalanceDelta = yearnCurveVault.balanceOf(address(this)) - yTokensBalanceBefore;
|
|
yTokensHeldByCBM += yTokensBalanceDelta;
|
|
}
|
|
|
|
function _withdrawFromCurve(uint256 _yTokensToSwap) internal {
|
|
yearnCurveVault.withdraw(_yTokensToSwap);
|
|
yTokensHeldByCBM -= _yTokensToSwap;
|
|
}
|
|
|
|
function _transferFromCurve(address _to, uint256 _yTokensToTransfer) internal {
|
|
yearnCurveVault.transfer(_to, _yTokensToTransfer);
|
|
yTokensHeldByCBM -= _yTokensToTransfer;
|
|
}
|
|
|
|
|
|
|
|
|
|
|
|
|
|
function activateMigration() external {
|
|
_requireCallerIsYearnGovernance();
|
|
_requireMigrationNotActive();
|
|
|
|
migration = true;
|
|
|
|
emit MigrationTriggered(permanentLUSD);
|
|
|
|
|
|
permanentLUSD = 0;
|
|
}
|
|
|
|
|
|
|
|
function startShifterCountdown() public {
|
|
|
|
require(block.timestamp >= lastShifterCountdownStartTime + SHIFTER_DELAY + SHIFTER_WINDOW, "CBM: Previous shift delay and window must have passed");
|
|
|
|
|
|
lastShifterCountdownStartTime = block.timestamp;
|
|
}
|
|
|
|
|
|
|
|
function sendFeeShare(uint256 _lusdAmount) external {
|
|
_requireCallerIsYearnGovernance();
|
|
require(!migration, "CBM: Receive fee share only in normal mode");
|
|
|
|
|
|
lusdToken.transferFrom(yearnGovernanceAddress, address(this), _lusdAmount);
|
|
_depositToBAMM(_lusdAmount);
|
|
}
|
|
|
|
|
|
|
|
function _getLUSD3CRVExchangeRate(uint256 _3crvVirtualPrice) internal view returns (uint256) {
|
|
|
|
|
|
|
|
uint256 dy = curvePool.get_dy(INDEX_OF_LUSD_TOKEN_IN_CURVE_POOL, INDEX_OF_3CRV_TOKEN_IN_CURVE_POOL, 1e18);
|
|
|
|
return dy * _3crvVirtualPrice / 1e18;
|
|
}
|
|
|
|
function _get3CRVLUSDExchangeRate(uint256 _3crvVirtualPrice) internal view returns (uint256) {
|
|
|
|
|
|
|
|
uint256 dy = curvePool.get_dy(INDEX_OF_3CRV_TOKEN_IN_CURVE_POOL, INDEX_OF_LUSD_TOKEN_IN_CURVE_POOL, 1e18);
|
|
|
|
return dy * 1e18 / _3crvVirtualPrice;
|
|
}
|
|
|
|
|
|
function calcRedemptionFeePercentage(uint256 _fractionOfBLUSDToRedeem) public view returns (uint256) {
|
|
uint256 minutesPassed = _minutesPassedSinceLastRedemption();
|
|
uint256 decayFactor = decPow(MINUTE_DECAY_FACTOR, minutesPassed);
|
|
|
|
uint256 decayedBaseRedemptionRate = baseRedemptionRate * decayFactor / DECIMAL_PRECISION;
|
|
|
|
|
|
uint256 newBaseRedemptionRate = decayedBaseRedemptionRate + _fractionOfBLUSDToRedeem / BETA;
|
|
newBaseRedemptionRate = Math.min(newBaseRedemptionRate, DECIMAL_PRECISION);
|
|
|
|
|
|
return newBaseRedemptionRate;
|
|
}
|
|
|
|
|
|
function _updateRedemptionFeePercentage(uint256 _fractionOfBLUSDToRedeem) internal returns (uint256) {
|
|
uint256 newBaseRedemptionRate = calcRedemptionFeePercentage(_fractionOfBLUSDToRedeem);
|
|
baseRedemptionRate = newBaseRedemptionRate;
|
|
emit BaseRedemptionRateUpdated(newBaseRedemptionRate);
|
|
|
|
uint256 timePassed = block.timestamp - lastRedemptionTime;
|
|
|
|
if (timePassed >= SECONDS_IN_ONE_MINUTE) {
|
|
lastRedemptionTime = block.timestamp;
|
|
emit LastRedemptionTimeUpdated(block.timestamp);
|
|
}
|
|
|
|
return newBaseRedemptionRate;
|
|
}
|
|
|
|
function _minutesPassedSinceLastRedemption() internal view returns (uint256) {
|
|
return (block.timestamp - lastRedemptionTime) / SECONDS_IN_ONE_MINUTE;
|
|
}
|
|
|
|
function _getBondWithChickenInFeeApplied(uint256 _bondLUSDAmount) internal view returns (uint256, uint256) {
|
|
|
|
if (migration) {return (0, _bondLUSDAmount);}
|
|
|
|
|
|
uint256 chickenInFeeAmount = _bondLUSDAmount * CHICKEN_IN_AMM_FEE / 1e18;
|
|
uint256 bondAmountMinusChickenInFee = _bondLUSDAmount - chickenInFeeAmount;
|
|
|
|
return (chickenInFeeAmount, bondAmountMinusChickenInFee);
|
|
}
|
|
|
|
function _getBondAmountMinusChickenInFee(uint256 _bondLUSDAmount) internal view returns (uint256) {
|
|
(, uint256 bondAmountMinusChickenInFee) = _getBondWithChickenInFeeApplied(_bondLUSDAmount);
|
|
return bondAmountMinusChickenInFee;
|
|
}
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
function _calcAccruedAmount(uint256 _startTime, uint256 _capAmount, uint256 _accrualParameter) internal view returns (uint256) {
|
|
|
|
if (_startTime == 0) {return 0;}
|
|
|
|
|
|
|
|
uint256 bondDuration = 1e18 * (block.timestamp - _startTime);
|
|
|
|
uint256 accruedAmount = _capAmount * bondDuration / (bondDuration + _accrualParameter);
|
|
|
|
|
|
return accruedAmount;
|
|
}
|
|
|
|
|
|
|
|
function _calcUpdatedAccrualParameter(
|
|
uint256 _storedAccrualParameter,
|
|
uint256 _storedAccrualAdjustmentCount
|
|
)
|
|
internal
|
|
view
|
|
returns (
|
|
uint256 updatedAccrualParameter,
|
|
uint256 updatedAccrualAdjustmentPeriodCount
|
|
)
|
|
{
|
|
updatedAccrualAdjustmentPeriodCount = (block.timestamp - deploymentTimestamp) / accrualAdjustmentPeriodSeconds;
|
|
|
|
if (
|
|
|
|
updatedAccrualAdjustmentPeriodCount == _storedAccrualAdjustmentCount ||
|
|
|
|
_storedAccrualParameter == minimumAccrualParameter ||
|
|
|
|
pendingLUSD == 0
|
|
) {
|
|
return (_storedAccrualParameter, updatedAccrualAdjustmentPeriodCount);
|
|
}
|
|
|
|
uint256 averageStartTime = totalWeightedStartTimes / pendingLUSD;
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
uint256 adjustmentPeriodCountWhenTargetIsExceeded = Math.ceilDiv(
|
|
averageStartTime + targetAverageAgeSeconds - deploymentTimestamp,
|
|
accrualAdjustmentPeriodSeconds
|
|
);
|
|
|
|
if (updatedAccrualAdjustmentPeriodCount < adjustmentPeriodCountWhenTargetIsExceeded) {
|
|
|
|
return (_storedAccrualParameter, updatedAccrualAdjustmentPeriodCount);
|
|
}
|
|
|
|
uint256 numberOfAdjustments = updatedAccrualAdjustmentPeriodCount - Math.max(
|
|
_storedAccrualAdjustmentCount,
|
|
adjustmentPeriodCountWhenTargetIsExceeded - 1
|
|
);
|
|
|
|
updatedAccrualParameter = Math.max(
|
|
_storedAccrualParameter * decPow(accrualAdjustmentMultiplier, numberOfAdjustments) / 1e18,
|
|
minimumAccrualParameter
|
|
);
|
|
}
|
|
|
|
function _updateAccrualParameter() internal returns (uint256) {
|
|
uint256 storedAccrualParameter = accrualParameter;
|
|
uint256 storedAccrualAdjustmentPeriodCount = accrualAdjustmentPeriodCount;
|
|
|
|
(uint256 updatedAccrualParameter, uint256 updatedAccrualAdjustmentPeriodCount) =
|
|
_calcUpdatedAccrualParameter(storedAccrualParameter, storedAccrualAdjustmentPeriodCount);
|
|
|
|
if (updatedAccrualAdjustmentPeriodCount != storedAccrualAdjustmentPeriodCount) {
|
|
accrualAdjustmentPeriodCount = updatedAccrualAdjustmentPeriodCount;
|
|
|
|
if (updatedAccrualParameter != storedAccrualParameter) {
|
|
accrualParameter = updatedAccrualParameter;
|
|
emit AccrualParameterUpdated(updatedAccrualParameter);
|
|
}
|
|
}
|
|
|
|
return updatedAccrualParameter;
|
|
}
|
|
|
|
|
|
function _calcBondBLUSDCap(uint256 _bondedAmount, uint256 _backingRatio) internal pure returns (uint256) {
|
|
|
|
return _bondedAmount * 1e18 / _backingRatio;
|
|
}
|
|
|
|
|
|
|
|
function _requireCallerOwnsBond(uint256 _bondID) internal view {
|
|
require(msg.sender == bondNFT.ownerOf(_bondID), "CBM: Caller must own the bond");
|
|
}
|
|
|
|
function _requireActiveStatus(BondStatus status) internal pure {
|
|
require(status == BondStatus.active, "CBM: Bond must be active");
|
|
}
|
|
|
|
function _requireNonZeroAmount(uint256 _amount) internal pure {
|
|
require(_amount > 0, "CBM: Amount must be > 0");
|
|
}
|
|
|
|
function _requireNonZeroBLUSDSupply() internal view {
|
|
require(bLUSDToken.totalSupply() > 0, "CBM: bLUSD Supply must be > 0 upon shifting");
|
|
}
|
|
|
|
function _requireMinBond(uint256 _lusdAmount) internal view {
|
|
require(_lusdAmount >= MIN_BOND_AMOUNT, "CBM: Bond minimum amount not reached");
|
|
}
|
|
|
|
function _requireRedemptionNotDepletingbLUSD(uint256 _bLUSDToRedeem) internal view {
|
|
if (!migration) {
|
|
|
|
require(_bLUSDToRedeem + MIN_BLUSD_SUPPLY <= bLUSDToken.totalSupply(), "CBM: Cannot redeem below min supply");
|
|
}
|
|
}
|
|
|
|
function _requireMigrationNotActive() internal view {
|
|
require(!migration, "CBM: Migration must be not be active");
|
|
}
|
|
|
|
function _requireCallerIsYearnGovernance() internal view {
|
|
require(msg.sender == yearnGovernanceAddress, "CBM: Only Yearn Governance can call");
|
|
}
|
|
|
|
function _requireEnoughLUSDInBAMM(uint256 _requestedLUSD, uint256 _minLUSD) internal view returns (uint256) {
|
|
require(_requestedLUSD >= _minLUSD, "CBM: Min value cannot be greater than nominal amount");
|
|
|
|
(, uint256 lusdInBAMMSPVault,) = bammSPVault.getLUSDValue();
|
|
require(lusdInBAMMSPVault >= _minLUSD, "CBM: Not enough LUSD available in B.Protocol");
|
|
|
|
uint256 lusdToWithdraw = Math.min(_requestedLUSD, lusdInBAMMSPVault);
|
|
|
|
return lusdToWithdraw;
|
|
}
|
|
|
|
function _requireShiftBootstrapPeriodEnded() internal view {
|
|
require(block.timestamp - deploymentTimestamp >= BOOTSTRAP_PERIOD_SHIFT, "CBM: Shifter only callable after shift bootstrap period ends");
|
|
}
|
|
|
|
function _requireShiftWindowIsOpen() internal view {
|
|
uint256 shiftWindowStartTime = lastShifterCountdownStartTime + SHIFTER_DELAY;
|
|
uint256 shiftWindowFinishTime = shiftWindowStartTime + SHIFTER_WINDOW;
|
|
|
|
require(block.timestamp >= shiftWindowStartTime && block.timestamp < shiftWindowFinishTime, "CBM: Shift only possible inside shifting window");
|
|
}
|
|
|
|
function _requirePermanentGreaterThanCurve(uint256 _totalLUSDInCurve) internal view {
|
|
require(permanentLUSD >= _totalLUSDInCurve, "CBM: The amount in Curve cannot be greater than the Permanent bucket");
|
|
}
|
|
|
|
|
|
|
|
|
|
|
|
function getBondData(uint256 _bondID)
|
|
external
|
|
view
|
|
returns (
|
|
uint256 lusdAmount,
|
|
uint64 claimedBLUSD,
|
|
uint64 startTime,
|
|
uint64 endTime,
|
|
uint8 status
|
|
)
|
|
{
|
|
BondData memory bond = idToBondData[_bondID];
|
|
return (bond.lusdAmount, bond.claimedBLUSD, bond.startTime, bond.endTime, uint8(bond.status));
|
|
}
|
|
|
|
function getLUSDToAcquire(uint256 _bondID) external view returns (uint256) {
|
|
BondData memory bond = idToBondData[_bondID];
|
|
|
|
(uint256 updatedAccrualParameter, ) = _calcUpdatedAccrualParameter(accrualParameter, accrualAdjustmentPeriodCount);
|
|
|
|
return _calcAccruedAmount(bond.startTime, _getBondAmountMinusChickenInFee(bond.lusdAmount), updatedAccrualParameter);
|
|
}
|
|
|
|
function calcAccruedBLUSD(uint256 _bondID) external view returns (uint256) {
|
|
BondData memory bond = idToBondData[_bondID];
|
|
|
|
if (bond.status != BondStatus.active) {
|
|
return 0;
|
|
}
|
|
|
|
uint256 bondBLUSDCap = _calcBondBLUSDCap(_getBondAmountMinusChickenInFee(bond.lusdAmount), calcSystemBackingRatio());
|
|
|
|
(uint256 updatedAccrualParameter, ) = _calcUpdatedAccrualParameter(accrualParameter, accrualAdjustmentPeriodCount);
|
|
|
|
return _calcAccruedAmount(bond.startTime, bondBLUSDCap, updatedAccrualParameter);
|
|
}
|
|
|
|
function calcBondBLUSDCap(uint256 _bondID) external view returns (uint256) {
|
|
uint256 backingRatio = calcSystemBackingRatio();
|
|
|
|
BondData memory bond = idToBondData[_bondID];
|
|
|
|
return _calcBondBLUSDCap(_getBondAmountMinusChickenInFee(bond.lusdAmount), backingRatio);
|
|
}
|
|
|
|
function getLUSDInBAMMSPVault() external view returns (uint256) {
|
|
(, uint256 lusdInBAMMSPVault,) = bammSPVault.getLUSDValue();
|
|
|
|
return lusdInBAMMSPVault;
|
|
}
|
|
|
|
|
|
|
|
|
|
function calcTotalYearnCurveVaultShareValue() public view returns (uint256) {
|
|
return yTokensHeldByCBM * yearnCurveVault.pricePerShare() / 1e18;
|
|
}
|
|
|
|
|
|
function calcTotalLUSDValue() external view returns (uint256) {
|
|
uint256 totalLUSDInCurve = getTotalLUSDInCurve();
|
|
uint256 bammLUSDValue = _getInternalBAMMLUSDValue();
|
|
|
|
return bammLUSDValue + totalLUSDInCurve;
|
|
}
|
|
|
|
function getTotalLUSDInCurve() public view returns (uint256) {
|
|
uint256 LUSD3CRVInCurve = calcTotalYearnCurveVaultShareValue();
|
|
uint256 totalLUSDInCurve;
|
|
if (LUSD3CRVInCurve > 0) {
|
|
uint256 LUSD3CRVVirtualPrice = curvePool.get_virtual_price();
|
|
totalLUSDInCurve = LUSD3CRVInCurve * LUSD3CRVVirtualPrice / 1e18;
|
|
}
|
|
|
|
return totalLUSDInCurve;
|
|
}
|
|
|
|
|
|
|
|
function getPendingLUSD() external view returns (uint256) {
|
|
return pendingLUSD;
|
|
}
|
|
|
|
|
|
|
|
function _getLUSDSplit(uint256 _bammLUSDValue)
|
|
internal
|
|
view
|
|
returns (
|
|
uint256 acquiredLUSDInSP,
|
|
uint256 acquiredLUSDInCurve,
|
|
uint256 ownedLUSDInSP,
|
|
uint256 ownedLUSDInCurve,
|
|
uint256 permanentLUSDCached
|
|
)
|
|
{
|
|
|
|
ownedLUSDInSP = _bammLUSDValue - pendingLUSD;
|
|
ownedLUSDInCurve = getTotalLUSDInCurve();
|
|
permanentLUSDCached = permanentLUSD;
|
|
|
|
uint256 ownedLUSD = ownedLUSDInSP + ownedLUSDInCurve;
|
|
|
|
if (ownedLUSD > permanentLUSDCached) {
|
|
|
|
uint256 acquiredLUSD = ownedLUSD - permanentLUSDCached;
|
|
acquiredLUSDInSP = acquiredLUSD * ownedLUSDInSP / ownedLUSD;
|
|
acquiredLUSDInCurve = acquiredLUSD - acquiredLUSDInSP;
|
|
}
|
|
}
|
|
|
|
|
|
function _getLUSDSplitAfterUpdatingBAMMDebt()
|
|
internal
|
|
returns (
|
|
uint256 acquiredLUSDInSP,
|
|
uint256 acquiredLUSDInCurve,
|
|
uint256 ownedLUSDInSP,
|
|
uint256 ownedLUSDInCurve,
|
|
uint256 permanentLUSDCached
|
|
)
|
|
{
|
|
(uint256 bammLUSDValue,) = _updateBAMMDebt();
|
|
return _getLUSDSplit(bammLUSDValue);
|
|
}
|
|
|
|
function getTotalAcquiredLUSD() public view returns (uint256) {
|
|
uint256 bammLUSDValue = _getInternalBAMMLUSDValue();
|
|
(uint256 acquiredLUSDInSP, uint256 acquiredLUSDInCurve,,,) = _getLUSDSplit(bammLUSDValue);
|
|
return acquiredLUSDInSP + acquiredLUSDInCurve;
|
|
}
|
|
|
|
function getAcquiredLUSDInSP() external view returns (uint256) {
|
|
uint256 bammLUSDValue = _getInternalBAMMLUSDValue();
|
|
(uint256 acquiredLUSDInSP,,,,) = _getLUSDSplit(bammLUSDValue);
|
|
return acquiredLUSDInSP;
|
|
}
|
|
|
|
function getAcquiredLUSDInCurve() external view returns (uint256) {
|
|
uint256 bammLUSDValue = _getInternalBAMMLUSDValue();
|
|
(, uint256 acquiredLUSDInCurve,,,) = _getLUSDSplit(bammLUSDValue);
|
|
return acquiredLUSDInCurve;
|
|
}
|
|
|
|
|
|
|
|
function getPermanentLUSD() external view returns (uint256) {
|
|
return permanentLUSD;
|
|
}
|
|
|
|
|
|
|
|
function getOwnedLUSDInSP() external view returns (uint256) {
|
|
uint256 bammLUSDValue = _getInternalBAMMLUSDValue();
|
|
(,, uint256 ownedLUSDInSP,,) = _getLUSDSplit(bammLUSDValue);
|
|
return ownedLUSDInSP;
|
|
}
|
|
|
|
function getOwnedLUSDInCurve() external view returns (uint256) {
|
|
uint256 bammLUSDValue = _getInternalBAMMLUSDValue();
|
|
(,,, uint256 ownedLUSDInCurve,) = _getLUSDSplit(bammLUSDValue);
|
|
return ownedLUSDInCurve;
|
|
}
|
|
|
|
|
|
|
|
function calcSystemBackingRatio() public view returns (uint256) {
|
|
uint256 bammLUSDValue = _getInternalBAMMLUSDValue();
|
|
return _calcSystemBackingRatioFromBAMMValue(bammLUSDValue);
|
|
}
|
|
|
|
function _calcSystemBackingRatioFromBAMMValue(uint256 _bammLUSDValue) public view returns (uint256) {
|
|
uint256 totalBLUSDSupply = bLUSDToken.totalSupply();
|
|
(uint256 acquiredLUSDInSP, uint256 acquiredLUSDInCurve,,,) = _getLUSDSplit(_bammLUSDValue);
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
if (totalBLUSDSupply == 0) {return 1e18;}
|
|
|
|
return (acquiredLUSDInSP + acquiredLUSDInCurve) * 1e18 / totalBLUSDSupply;
|
|
}
|
|
|
|
function calcUpdatedAccrualParameter() external view returns (uint256) {
|
|
(uint256 updatedAccrualParameter, ) = _calcUpdatedAccrualParameter(accrualParameter, accrualAdjustmentPeriodCount);
|
|
return updatedAccrualParameter;
|
|
}
|
|
|
|
function getBAMMLUSDDebt() external view returns (uint256) {
|
|
return bammLUSDDebt;
|
|
}
|
|
|
|
function getTreasury()
|
|
external
|
|
view
|
|
returns (
|
|
// We don't normally use leading underscores for return values,
|
|
// but we do so here in order to avoid shadowing state variables
|
|
uint256 _pendingLUSD,
|
|
uint256 _totalAcquiredLUSD,
|
|
uint256 _permanentLUSD
|
|
)
|
|
{
|
|
_pendingLUSD = pendingLUSD;
|
|
_totalAcquiredLUSD = getTotalAcquiredLUSD();
|
|
_permanentLUSD = permanentLUSD;
|
|
}
|
|
|
|
function getOpenBondCount() external view returns (uint256 openBondCount) {
|
|
return bondNFT.totalSupply() - countChickenIn - countChickenOut;
|
|
}
|
|
} |