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Work in Progress of Nest Stable Coin protocol- Smart Contract. The system is designed to be as minimal as possible, and have the tokens maintain a 1 token == $1 peg at all times. This is a stablecoin with the properties: * - Exogenously Collateralized * - Dollar Pegged * - Algorithmically Stable

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NeelClaudel/NestStableCoin-NEST-Contracts

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Nest Stable Coin Protocol

This is a Work in progress of the Nest Stable Coin using the Rust Foundry library for crafting deployment of Solidity Smart contract. Latest testnet version deployed on Sepolia Network and verified buy Etherscan.io. Addresses :

About

This project is meant to be a stablecoin where users can deposit WETH and WBTC in exchange for a token that will be pegged to the USD.

Getting Started

Requirements

  • [Rust] Language setup and ready to use.
  • git
    • You'll know you did it right if you can run git --version
  • foundry
    • You'll know you did it right if you can run forge --version

Quickstart

git clone https://github.com/NeelClaudel/StableNest-Contracts.git
cd StableNest-Contracts
forge build

Updates

  • The latest version of openzeppelin-contracts has changes in the ERC20Mock file. To follow along with the course, you need to install version 4.8.3 which can be done by forge install openzeppelin/[email protected] --no-commit instead of forge install openzeppelin/openzeppelin-contracts --no-commit

Usage

Start a local node

make anvil

Deploy

This will default to your local node. You need to have it running in another terminal in order for it to deploy.

make deploy

Deploy - Other Network

See below

Testing

  1. Unit
  2. Integration
  3. Forked
  4. Staging
forge test

Test Coverage

forge coverage

and for coverage based testing:

forge coverage --report debug

Deployment to a testnet or mainnet

  1. Setup environment variables

Set your SEPOLIA_RPC_URL and PRIVATE_KEY as environment variables. You can add them to a .env file, similar to what you see in .env.example.

  • PRIVATE_KEY: The private key of your account (like from metamask). NOTE: FOR DEVELOPMENT, PLEASE USE A KEY THAT DOESN'T HAVE ANY REAL FUNDS ASSOCIATED WITH IT.
  • SEPOLIA_RPC_URL: This is url of the sepolia testnet node you're working with. You can get setup with one for free from Alchemy

Optionally, add your ETHERSCAN_API_KEY if you want to verify your contract on Etherscan.

  1. Get testnet ETH

Head over to faucets.chain.link and get some testnet ETH. You should see the ETH show up in your metamask.

  1. Deploy
make deploy ARGS="--network sepolia"

Scripts

Instead of scripts, we can directly use the cast command to interact with the contract.

For example, on Sepolia:

  1. Get some WETH
cast send 0xdd13E55209Fd76AfE204dBda4007C227904f0a81 "deposit()" --value 0.1ether --rpc-url $SEPOLIA_RPC_URL --private-key $PRIVATE_KEY
  1. Approve the WETH
cast send 0xdd13E55209Fd76AfE204dBda4007C227904f0a81 "approve(address,uint256)" 0x091EA0838eBD5b7ddA2F2A641B068d6D59639b98 1000000000000000000 --rpc-url $SEPOLIA_RPC_URL --private-key $PRIVATE_KEY
  1. Deposit and Mint NEST
cast send 0x091EA0838eBD5b7ddA2F2A641B068d6D59639b98 "depositCollateralAndMintDsc(address,uint256,uint256)" 0xdd13E55209Fd76AfE204dBda4007C227904f0a81 100000000000000000 10000000000000000 --rpc-url $SEPOLIA_RPC_URL --private-key $PRIVATE_KEY

Estimate gas

You can estimate how much gas things cost by running:

forge snapshot

And you'll see an output file called .gas-snapshot

Formatting

To run code formatting:

forge fmt

Thank you!

If you appreciated this, feel free to follow me or donate!

ETH/Arbitrum/Optimism/Polygon/etc Address: 0x5CDa2F0447C640e6b53206fef991331102b6D14B

About

Work in Progress of Nest Stable Coin protocol- Smart Contract. The system is designed to be as minimal as possible, and have the tokens maintain a 1 token == $1 peg at all times. This is a stablecoin with the properties: * - Exogenously Collateralized * - Dollar Pegged * - Algorithmically Stable

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