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 ​
modifier validAddress(address value_)
Validates that an address is not the zero address
onlyRebalancer ​
modifier onlyRebalancer()
Validates that an address is a rebalancer (taken from reserve contract)
constructor ​
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 ​
Name | Type | Description |
---|---|---|
reserveContract_ | contract IFluidReserveContract | The address of the reserve contract where rebalancers are defined. |
vault_ | contract IFluidVaultT1 | The vault to which this contract will apply new magnifier parameter. |
liquidity_ | contract IFluidLiquidity | Fluid liquidity address |
rewardsAmt_ | uint256 | Amounts of rewards to distribute |
duration_ | uint256 | rewards duration |
initiator_ | address | address that can start rewards with start() |
collateralToken_ | address | vault collateral token address |
governance_ | address | governance address |
rebalance ​
function rebalance() external
Rebalances the supply rate magnifier based on the current collateral supply. Can only be called by an authorized rebalancer.
calculateMagnifier ​
function calculateMagnifier() public view returns (uint256 magnifier_, bool ended_)
Calculates the new supply rate magnifier based on the current collateral supply (vaultTVL()
).
Return Values ​
Name | Type | Description |
---|---|---|
magnifier_ | uint256 | The calculated magnifier value. |
ended_ | bool |
currentMagnifier ​
function currentMagnifier() public view returns (uint256)
returns the currently configured supply magnifier at the VAULT
.
vaultTVL ​
function vaultTVL() public view returns (uint256 tvl_)
returns the current total value locked as collateral (TVL) in the VAULT
.
getSupplyRate ​
function getSupplyRate() public view returns (uint256 supplyRate_)
start ​
function start() external
startAt ​
function startAt(uint256 startTime_) public
queueNextRewards ​
function queueNextRewards(uint256 rewardsAmount_, uint256 duration_) external