FluidStETHQueue
Inherits:Variables, StETHQueueCore, StETHQueueAdmin, UUPSUpgradeable
queues an amount of stETH at the Lido WithdrawalQueue, using it as collateral to borrow an amount of ETH that is paid back when Lido Withdrawal is claimable. Useful e.g. to deleverage a stETH / ETH borrow position. User target group are whales that want to deleverage stETH / ETH without having to swap (no slippage).
claims are referenced to via the claimTo address and the Lido requestIdFrom, which must be tracked from the moment
of queuing, where it is emitted in the LogQueue
event, to pass in that information later for claim()
.
For view methods / accessing data, use the "StETHResolver" periphery contract.
Functions
constructor
constructor(IFluidLiquidity liquidity_, ILidoWithdrawalQueue lidoWithdrawalQueue_, IERC20 stETH_)
validAddress(address(liquidity_))
validAddress(address(lidoWithdrawalQueue_))
validAddress(address(stETH_))
Variables(liquidity_, lidoWithdrawalQueue_, stETH_);
initialize
initializes the contract with owner_
as owner
function initialize(address owner_) public initializer validAddress(owner_);
receive
receive() external payable;
_authorizeUpgrade
function _authorizeUpgrade(address) internal override onlyOwner;
renounceOwnership
override renounce ownership as it could leave the contract in an unwanted state if called by mistake.
function renounceOwnership() public view override onlyOwner;
queue
queues an amount of stETH at the Lido WithdrawalQueue, using it as collateral to borrow an amount
of ETH from Liquidity that is paid back when Lido Withdrawal is claimable, triggered with claim()
.
if allowListActive
== true, then only allowed users can call this method.
function queue(uint256 ethBorrowAmount_, uint256 stETHAmount_, address borrowTo_, address claimTo_)
public
nonReentrant
validAddress(borrowTo_)
validAddress(claimTo_)
returns (uint256 requestIdFrom_);
Parameters
Name | Type | Description |
---|---|---|
ethBorrowAmount_ | uint256 | amount of ETH to borrow and send to borrowTo_ |
stETHAmount_ | uint256 | amount of stETH to queue at Lido Withdrawal Queue and use as collateral |
borrowTo_ | address | receiver of the ethBorrowAmount_ |
claimTo_ | address | receiver of the left over stETH funds at time of claim() |
Returns
Name | Type | Description |
---|---|---|
requestIdFrom_ | uint256 | first request id at Lido withdrawal queue. Used to identify claims |
claim
claims all open requests at LidoWithdrawalQueue for claimTo_
, repays the borrowed ETH amount at Liquidity
and sends the rest of funds to claimTo_
.
function claim(address claimTo_, uint256 requestIdFrom_)
public
nonReentrant
returns (uint256 claimedAmount_, uint256 repayAmount_);
Parameters
Name | Type | Description |
---|---|---|
claimTo_ | address | claimTo receiver to process the claim for |
requestIdFrom_ | uint256 | Lido requestId from (start), as emitted at time of queuing (queue() ) via LogQueue |
Returns
Name | Type | Description |
---|---|---|
claimedAmount_ | uint256 | total amount of claimed stETH |
repayAmount_ | uint256 | total repaid ETH amount at Liquidity |
onERC721Received
accept ERC721 token transfers ONLY from LIDO_WITHDRAWAL_QUEUE
function onERC721Received(address, address, uint256, bytes memory) public view returns (bytes4);
liquidityCallback
liquidityCallback as used by Liquidity -> But unsupported in this contract as it only ever uses native
token as borrowed asset, which is repaid directly via msg.value
. Always reverts.
function liquidityCallback(address, uint256, bytes calldata) external pure;