YPP-0061.md

Proposal

Enable ETH series for December 22 on Arbitrum

Background

This has already been done for September, only that now we are using yieldspace-tv:nontv pools.

Details

Here are the steps:

1. Deploy fyToken contracts for FYETH2212 (no need for governance approval)
2. Deploy pool contracts(no need for governance approval)
3. Deploy strategy (no need for governance approval)
4. Governance proposal
   1. Add new series
   2. Add ilks to the new series
   3. Initialize new pools
   4. Initialize strategy

The cripts for the proposal can be found here(access restricted), with this input:

export const developer: string = '0xC7aE076086623ecEA2450e364C838916a043F9a8'
export const deployer: string = '0xC7aE076086623ecEA2450e364C838916a043F9a8'
export const whales: Map<string, string> = base_config.whales

export const governance: Map<string, string> = base_config.governance
export const protocol: Map<string, string> = base_config.protocol
export const assets: Map<string, string> = base_config.assets
export const joins: Map<string, string> = base_config.joins
export const strategies: Map<string, string> = base_config.strategies
export const newFYTokens: Map<string, string> = base_config.newFYTokens
export const newJoins: Map<string, string> = base_config.newJoins
export const newPools: Map<string, string> = base_config.newPools
export const newStrategies: Map<string, string> = base_config.newStrategies

// Time stretch to be set in the PoolFactory prior to pool deployment
export const timeStretch: Map<string, BigNumber> = new Map([[FYETH2212, ONE64.div(secondsInOneYear.mul(25))]])

// Sell base to the pool fee, as fp4
export const g1: number = 9000

/// @notice Deploy fyToken series
/// @param series identifier (bytes6 tag)
/// @param underlying identifier (bytes6 tag)
/// @param Address for the chi oracle
/// @param Address for the related Join
/// @param Maturity in unix time (seconds since Jan 1, 1970)
/// @param Name for the series
/// @param Symbol for the series
export const fyTokenData: Array<[string, string, string, string, number, string, string]> = [
  [FYETH2212, ETH, protocol.get(ACCUMULATOR) as string, joins.get(ETH) as string, EODEC22, 'FYETH2212', 'FYETH2212'],
]

/// @notice Deploy YieldSpace-tv:NonTv pools
/// @param pool identifier, usually matching the series (bytes6 tag)
/// @param base address
/// @param fyToken address
/// @param time stretch, in 64.64
/// @param g1, in 64.64
export const nonTVPoolData: Array<[string, string, string, BigNumber, number]> = [
  [
    FYETH2212,
    assets.get(ETH) as string,
    newFYTokens.get(FYETH2212) as string,
    timeStretch.get(FYETH2212) as BigNumber,
    g1,
  ],
]

/// @notice Pool initialization parameters
/// @param pool identifier, usually matching the series (bytes6 tag)
/// @param base identifier (bytes6 tag)
/// @param amount of base to initialize pool with
/// @param amount of fyToken to initialize pool with
export const poolsInit: Array<[string, string, BigNumber, BigNumber]> = [[FYETH2212, ETH, WAD.div(50), ZERO]]

/// @notice Ilks to accept for series
/// @param series identifier (bytes6 tag)
/// @param newly accepted ilks (array of bytes6 tags)
export const seriesIlks: Array<[string, string[]]> = [[FYETH2212, [ETH, DAI, USDC]]]

/// @notice Deploy strategies
/// @param strategy name
/// @param strategy identifier (bytes6 tag)
/// @param base
/// @param Address for the related Join
/// @param Address for the related asset
export const strategiesData: Array<[string, string, string, string, string]> = [
  ['Yield Strategy ETH 6M Jun Dec', YSETH6MJD, ETH, joins.get(ETH) as string, assets.get(ETH) as string],
]

/// @notice Strategy initialization parameters
/// @param strategy identifier (bytes6 tag)
/// @param address of initial pool
/// @param series identifier (bytes6 tag)
/// @param amount of base to initialize strategy with
export const strategiesInit: Array<[string, string, string, BigNumber]> = [
  [YSETH6MJD, newPools.get(FYETH2212) as string, FYETH2212, WAD.div(50)],
]

Testing

TBA