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FluidVaultRewards ​

This contract is designed to adjust the supply rate magnifier for a vault based on the current collateral supply & supply rate. The adjustment aims to dynamically scale the rewards given to lenders as the TVL in the vault changes.

The magnifier is adjusted based on a regular most used reward type where rewardRate = totalRewardsAnnually / totalSupply. Reward rate is applied by adjusting the supply magnifier on vault. Adjustments are made via the rebalance function, which is restricted to be called by designated rebalancers only.

validAddress ​

solidity
modifier validAddress(address value_)

Validates that an address is not the zero address

onlyRebalancer ​

solidity
modifier onlyRebalancer()

Validates that an address is a rebalancer (taken from reserve contract)

constructor ​

solidity
constructor(contract IFluidReserveContract reserveContract_, contract IFluidVaultT1 vault_, contract IFluidLiquidity liquidity_, uint256 rewardsAmt_, uint256 duration_, address initiator_, address collateralToken_, address governance_) public

Constructs the FluidVaultRewards contract.

Parameters ​

NameTypeDescription
reserveContract_contract IFluidReserveContractThe address of the reserve contract where rebalancers are defined.
vault_contract IFluidVaultT1The vault to which this contract will apply new magnifier parameter.
liquidity_contract IFluidLiquidityFluid liquidity address
rewardsAmt_uint256Amounts of rewards to distribute
duration_uint256rewards duration
initiator_addressaddress that can start rewards with start()
collateralToken_addressvault collateral token address
governance_addressgovernance address

rebalance ​

solidity
function rebalance() external

Rebalances the supply rate magnifier based on the current collateral supply. Can only be called by an authorized rebalancer.

calculateMagnifier ​

solidity
function calculateMagnifier() public view returns (uint256 magnifier_, bool ended_)

Calculates the new supply rate magnifier based on the current collateral supply (vaultTVL()).

Return Values ​

NameTypeDescription
magnifier_uint256The calculated magnifier value.
ended_bool

currentMagnifier ​

solidity
function currentMagnifier() public view returns (uint256)

returns the currently configured supply magnifier at the VAULT.

vaultTVL ​

solidity
function vaultTVL() public view returns (uint256 tvl_)

returns the current total value locked as collateral (TVL) in the VAULT.

getSupplyRate ​

solidity
function getSupplyRate() public view returns (uint256 supplyRate_)

start ​

solidity
function start() external

startAt ​

solidity
function startAt(uint256 startTime_) public

queueNextRewards ​

solidity
function queueNextRewards(uint256 rewardsAmount_, uint256 duration_) external