VADER is a liquidity protocol that combines a collateralized stablecoin with liquidity pools. The stablecoin, USDV, is issued by burning VADER tokens, which is issued by burning VETH tokens. Liquidity pools use both USDV as the settlement asset, as well as VADER in order to send the correct purchasing power of VADER. A daily emission rate of VADER funds liquidity incentives, a protocol interest rate, and impermanent loss protection. Pooled capital can be lent out by borrowers, who lock collateral such as synths, pool share or VADER. The collateral is used to pay an interest rate which is added into the pools to increase returns.
VADER (VADER)
- 1,000,000,000 to VETH holders
- 2,000,000,000 maxSupply
- Burn USDV to get VADER
- Daily Emission Rate
VADER USD (USDV)
- Burn VADER to get USDV
- Deposit USDV/SYNTHS to get interest rate
- Harvest, withdraw
- Has a reserve for interest payments
ROUTER
- Add liquidity to Asset or Anchor pools
- Remove liquidity with 100 Days IL Protection
- Swap between Asset <> USDV or VADER <> Anchor
- Get Anchor pricing, replace any Anchor
- Borrow debt from locked collateral, repay
- Has a reserve to pay incentives
POOLS
- Stores funds and member details for the pools
FACTORY
- Deploys Synthetic Assets
SYNTH
- ERC20 for Synths
GovernorAlpha
- Has Governance Ability on the ecosystem, senses Weight in the USDV Contract
- Anyone can propose, but for a fee of 1000 USDV
- Anyone can vote, using USDV weighting in the VAULT
- Only 1 proposal at a time (must be finished)
- Council can veto For or Against at any time, but still must go thru cool-off period
- Council is deployer, EoA, or multi-sig
- DAO can change Council, Council cannot veto
- Proposals go through:
- being voted on,
- finalising (cool off),
- or finalised (executed after cool off or cancelled)
UTILS
- Various utility functions
0xdA9e97139937BaD5e6d1d1aBB4C9Ab937a432B7C vether 0x3CF73D6E97cB3A8EA3aEd66E0AE22e0257CD1100 USDT
0x4Ba6dDd7b89ed838FEd25d208D4f644106E34279 vether
1000000000000000000 // 10**18
1000000000000000000000000 //1m
0x0000000000000000000000000000000000000000 /0x0
npx hardhat compile
Execute all at once:
npx hardhat test
Or execute individually:
npx hardhat test test/1_vader
Deploy and Verify contracts:
npx hardhat run --network NETWORK_NAME scripts/deploy.js
Github Actions are used to perform a number of automated code quality checks.
These checks can be run locally by installing the act utility.
The default suggested image (medium) supplied with act does not contain the necessary dependencies to run
Vader's pipeline. Instead, use the larger (18GB~) image using:
act -vP ubuntu-latest=nektos/act-environments-ubuntu:18.04
This will download a more complete image with the required dependencies, and run the pipeline as defined in .github/workflows/build.yml.