Core

Last updated 2 months ago

Unified Management: Centralizes interactions between users, adapters, and underlying DeFi protocols.
Yield Optimization: Automates asset allocation, yield harvesting, reward distribution, and fee handling.
Protocol Flexibility: Allows dynamic registration, removal, and switching of underlying DeFi protocols.

Role:

Manages and stores information about registered DeFi protocols and their adapters.
Allows adding or removing protocols and adapters dynamically.

Functions:

registerProtocol: Add new protocols.
registerAdapter: Link specific adapters to protocols and assets.
removeAdapter: Remove adapters from registry.
setActiveProtocol: Set the currently active protocol for asset deposits and yield harvesting.

Interactions:

Utilized by the CombinedVault to query and interact with appropriate adapters based on registered protocols.

Role:

Key Features:

Epoch-based harvesting: Harvests and distributes yields to users periodically (every epoch).
Time-weighted rewards: Ensures fair yield distribution based on how long funds were deposited during each epoch.
Protocol flexibility: Dynamically adds/removes underlying protocols and redistributes funds accordingly.

Main Functionalities:

deposit: Users deposit assets into the vault, automatically allocated to registered protocols.
withdraw: Users withdraw assets, applying fees if withdrawn prematurely within the same epoch.
checkAndHarvest: Periodically harvests yields from all active protocols, distributing earnings based on users' time-weighted shares.

Important Accounting Details:

Tracks individual user deposits, balances, and entry times.
Maintains total user and adapter balances, ensuring accuracy in rewards and withdrawals.
Manages early withdrawal fees, converting these fees into additional rewards for long-term users.

IRegistry Interface: Standardizes registry functionalities for protocol and adapter management, allowing consistency across implementations.
IVault Interface: Defines essential vault functions such as deposits, withdrawals, yield harvesting, and user balance tracking, ensuring consistent behavior across implementations.

Last updated 2 months ago

Unified Management: Centralizes interactions between users, adapters, and underlying DeFi protocols.
Yield Optimization: Automates asset allocation, yield harvesting, reward distribution, and fee handling.
Protocol Flexibility: Allows dynamic registration, removal, and switching of underlying DeFi protocols.

Role:

Manages and stores information about registered DeFi protocols and their adapters.
Allows adding or removing protocols and adapters dynamically.

Functions:

registerProtocol: Add new protocols.
registerAdapter: Link specific adapters to protocols and assets.
removeAdapter: Remove adapters from registry.
setActiveProtocol: Set the currently active protocol for asset deposits and yield harvesting.

Interactions:

Utilized by the CombinedVault to query and interact with appropriate adapters based on registered protocols.

Role:

Key Features:

Epoch-based harvesting: Harvests and distributes yields to users periodically (every epoch).
Time-weighted rewards: Ensures fair yield distribution based on how long funds were deposited during each epoch.
Protocol flexibility: Dynamically adds/removes underlying protocols and redistributes funds accordingly.

Main Functionalities:

deposit: Users deposit assets into the vault, automatically allocated to registered protocols.
withdraw: Users withdraw assets, applying fees if withdrawn prematurely within the same epoch.
checkAndHarvest: Periodically harvests yields from all active protocols, distributing earnings based on users' time-weighted shares.

Important Accounting Details:

Tracks individual user deposits, balances, and entry times.
Maintains total user and adapter balances, ensuring accuracy in rewards and withdrawals.
Manages early withdrawal fees, converting these fees into additional rewards for long-term users.

IRegistry Interface: Standardizes registry functionalities for protocol and adapter management, allowing consistency across implementations.
IVault Interface: Defines essential vault functions such as deposits, withdrawals, yield harvesting, and user balance tracking, ensuring consistent behavior across implementations.