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Foundry DeFi Stablecoin

DSCEngine Example Decentralized Stablecoin Example

About

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

Users with a bad health factor can be liquidated by other users, which are incentivized to do so by a liquidation bonus.

Getting Started

Requirements

  • foundry
    • You'll know you did it right if you can run forge --version and you see a response like forge 0.2.0 (816e00b 2023-03-16T00:05:26.396218Z)

Quickstart

git clone [email protected]:UrbanWill/foundry-defi-stablecoin.git
cd foundry-defi-stablecoin
forge build

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

Unit tests and Invariant tests were added.

forge test

Test Coverage

Screenshot 2023-11-14 at 18 15 36

forge coverage

and for coverage based testing:

forge coverage --report debug

Deployment to a testnet or mainnet

  1. Setup environment variables

You'll want to 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.

After adding environment variables run:

source .env
  1. Get testnet ETH

Head over to Sepolia faucet 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)" 0x588d123E6C48AC6D43C2D312ac6361FE348f6904 1000000000000000000 --rpc-url $SEPOLIA_RPC_URL --private-key $PRIVATE_KEY
  1. Deposit and Mint DSC
cast send 0x588d123E6C48AC6D43C2D312ac6361FE348f6904 "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

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Exogenous Algorithmic Stable coin

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