Factory

The Factory is used to deploy any PrincipalToken and Curve pools permissionlessly.

Factory.sol code can be found on GitHub.

Methods

deployPT

function deployPT(address _ibt, uint256 _duration) external returns (address pt)

Deploys the PrincipalToken contract implementation.

See also PrincipalToken.

Input Parameter
Type
Description

_ibt

address

The IBT of the PrincipalToken to be deployed

duration

uint256

The duration of the pt

Return Parameter
Type
Description

pt

address

The address of the PrincipalToken that was deployed

deployCurvePool

function deployCurvePool(
        address _pt
        CurvePoolParams calldata curvePoolParams
) external returns (address curvePoolAddr)

Deploy a curve pool for the specific _pt instance with the specified curvePoolParams

Input Parameter
Type
Description

_ibt

address

The IBT of the PrincipalToken to be deployed

curvePoolParams

The parameters of the curve pool to be deployed

Return Parameter
Type
Description

curvePoolAddr

address

The address of the curve pool that was deployed

CurvePoolParams

The curve pool parameters as defined in the curve pool documentation is a struct that hold the curve pool parameters.

Struct Parameter
Type
Description

A

uint256

Amplification Parameter [4,000 to 4,000,000,000] Larger values of A make the curve better resemble a straight line in the center (when pool is near balance). Highly volatile assets should use a lower value, while assets that are closer together may be best with a higher value.

gamma

uint256

The gamma parameter can further adjust the shape of the curve. Default values recommend .000145 for volatile assets and .0001 for less volatile assets.

mid_fee

uint256

[.005% to 1%] Percentage. Fee when the pool is maximally balanced. This is the minimum fee. The fee is calculated as mid_fee * f + out_fee * (10^18 - f)

out_fee

uint256

[Mid Fee to 1%] Fee when the pool is imbalanced. Must be larger than the Mid Fee and represents the maximum fee.

allowed_extra_profit

uint256

[0 to .01] As the pool takes profit, the allowed extra profit parameter allows for greater values. Recommended 0.000002 for volatile assets and 0.00000001 for less volatile assets.

fee_gamma

uint256

[0 to 1] Adjusts how fast the fee increases from Mid Fee to Out Fee. Lower values cause fees to increase faster with imbalance. Recommended value of .0023 for volatile assets and .005 for less volatile assets.

adjustment_step

uint256

[0 to 1] As the pool rebalances, it will must do so in units larger than the adjustment step size. Volatile assets are suggested to use larger values (0.000146), while less volatile assets do not move as frequently and may use smaller step sizes (default 0.0000055)

admin_fee

uint256

ma_half_time

uint256

[0 to 604,800] In seconds -- the price oracle uses an exponential moving average to dampen the effect of changes. This parameter adjusts the half life used.

initial_price

uint256

The price of coin0 with respect to coin1. This price set the initial liquidity concentration

deployAll

function deployAll(
        address _ibt,
        uint256 _duration,
        CurvePoolParams calldata curvePoolParams
    ) external returns (address pt, address curvePoolAddr, address lpv)

Deploy a Principal Token, a curve pool and a LP Vault associated with the PT and the deployed curve pool in a single transaction.

Input Parameter
Type
Description

_ibt

address

The IBT of the PrincipalToken to be deployed

_duration

uint256

The duration of the PT contract to deploy

curvePoolParams

The parameters of the curve pool to be deployed

Return Parameter
Type
Description

pt

address

The address of the PT that was deployed

curvePoolAddr

address

The address of the curve pool that was deployed

lpv

address

The address of the LP Vault that was deployed

View Methods

getRegistry

function getRegistry() external view returns (address)

Returns the address of Registry contract.

getCurveAddressProvider

function getCurveAddressProvider() external view returns (address)

Returns the address of the Curve address provider.

getCurveFactory

function getCurveFactory() external view returns (address)

Returns the address of the Curve Factory.

getInitialPrice

function getInitialPrice(address curvePool) external view returns (uint256)

Return the initial_price parameter of the curvePool.

getCurveFactoryAddress

function getCurveFactoryAddress() public view returns (address)

Returns the address of the associated Curve Factory.

Last updated