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Add STRATO yield adapter #2825
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Add STRATO yield adapter #2825
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| Original file line number | Diff line number | Diff line change |
|---|---|---|
| @@ -0,0 +1,330 @@ | ||
| const sdk = require('@defillama/sdk'); | ||
|
|
||
| const utils = require('../utils'); | ||
|
|
||
| const CHAIN = 'strato'; | ||
| const PROJECT = 'strato'; | ||
| const URL = 'https://app.strato.nexus'; | ||
|
|
||
| const RAY = 10n ** 27n; | ||
| const SECONDS_PER_YEAR = 31_536_000; | ||
|
|
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| // Core protocol contracts (system precompile-style addresses) + live deployments. | ||
| const PRICE_ORACLE = '0x0000000000000000000000000000000000001002'; | ||
| const LENDING_REGISTRY = '0x0000000000000000000000000000000000001007'; | ||
| const LENDING_POOL = '0x0000000000000000000000000000000000001005'; | ||
| const POOL_FACTORY = '0x000000000000000000000000000000000000100a'; | ||
| const SAVE_USDST_VAULT = '0x22550671fcad04a213697ac7ae4f4366e96446ed'; | ||
| const STAKING = '0xf30a022ce83bed7adeafc286c719388dcc3b3988'; | ||
| const USDST = '0x937efa7e3a77e20bbdbd7c0d32b6514f368c1010'; | ||
| const STRATO = '0x2ca3e170e6714282da77815f7864b17f612f5f83'; | ||
|
|
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| const NULL_ADDRESS = '0x0000000000000000000000000000000000000000'; | ||
|
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| // ---- helpers --------------------------------------------------------------- | ||
|
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| const call = async (target, abi, params) => | ||
| (await sdk.api.abi.call({ target, abi, params, chain: CHAIN })).output; | ||
|
|
||
| // Compound a per-second RAY (1e27) growth factor to an annual percentage. | ||
| // Isolate the small per-second increment before converting to float to keep precision. | ||
| const rayPerSecondToApy = (rayFactor) => { | ||
| const increment = Number(BigInt(rayFactor) - RAY) / 1e27; | ||
| return (Math.pow(1 + increment, SECONDS_PER_YEAR) - 1) * 100; | ||
| }; | ||
|
|
||
| // DefiLlama prices most STRATO tokens (USDST, GOLDST, ETH, ...). Tokens it does | ||
| // not index (e.g. STRATO) fall back to the on-chain PriceOracle (1e18 USD). | ||
| const getPrices = async (tokens) => { | ||
| const uniq = [...new Set(tokens.map((t) => t.toLowerCase()))]; | ||
| const keyFor = (a) => `${CHAIN}:${a}`; | ||
|
|
||
| let coins = {}; | ||
| try { | ||
| const path = `/prices/current/${uniq.map(keyFor).join(',')}`; | ||
| coins = (await utils.getPriceApiData(path)).coins || {}; | ||
| } catch (e) { | ||
| coins = {}; | ||
| } | ||
|
|
||
| const prices = {}; | ||
| for (const a of uniq) { | ||
| const c = coins[keyFor(a)]; | ||
| if (c && Number.isFinite(c.price) && c.price > 0) { | ||
| prices[a] = c.price; | ||
| continue; | ||
| } | ||
| try { | ||
| const p = await call( | ||
| PRICE_ORACLE, | ||
| 'function getAssetPrice(address) view returns (uint256)', | ||
| a | ||
| ); | ||
| const v = Number(BigInt(p)) / 1e18; | ||
| if (Number.isFinite(v) && v > 0) prices[a] = v; | ||
| } catch (e) { | ||
| // no price available — caller decides whether to skip the pool | ||
| } | ||
| } | ||
| return prices; | ||
| }; | ||
|
|
||
| // ---- pools ----------------------------------------------------------------- | ||
|
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||
| // saveUSDST savings vault: USDST in, share token appreciates at the savings rate. | ||
| async function saveVaultPool() { | ||
| const [totalAssets, savingsRate] = await Promise.all([ | ||
| call(SAVE_USDST_VAULT, 'function totalAssets() view returns (uint256)'), | ||
| call( | ||
| SAVE_USDST_VAULT, | ||
| 'function perSecondSavingsRate() view returns (uint256)' | ||
| ), | ||
| ]); | ||
|
|
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| const prices = await getPrices([USDST]); | ||
| const usdstPrice = prices[USDST.toLowerCase()]; | ||
| if (!usdstPrice) return []; | ||
|
|
||
| return [ | ||
| { | ||
| pool: `${SAVE_USDST_VAULT}-strato`.toLowerCase(), | ||
| chain: utils.formatChain(CHAIN), | ||
| project: PROJECT, | ||
| symbol: 'USDST', | ||
| tvlUsd: (Number(BigInt(totalAssets)) / 1e18) * usdstPrice, | ||
| apyBase: rayPerSecondToApy(savingsRate), | ||
| underlyingTokens: [USDST], | ||
| poolMeta: 'saveUSDST savings vault', | ||
| url: URL, | ||
| }, | ||
| ]; | ||
| } | ||
|
|
||
| // USDST lending pool. Supply rate = borrow rate * utilization * (1 - reserveFactor), | ||
| // compounded per-second before annualizing. TVL is available cash (liquidity). | ||
| async function lendingPool() { | ||
| const prices = await getPrices([USDST]); | ||
| const usdstPrice = prices[USDST.toLowerCase()]; | ||
| if (!usdstPrice) return []; | ||
|
|
||
| const [borrowIndex, totalScaledDebt, cfg, liquidityPool] = await Promise.all([ | ||
| call(LENDING_POOL, 'function previewBorrowIndex() view returns (uint256)'), | ||
| call(LENDING_POOL, 'function totalScaledDebt() view returns (uint256)'), | ||
| call( | ||
| LENDING_POOL, | ||
| 'function getAssetConfig(address) view returns (uint256 ltv, uint256 liquidationThreshold, uint256 liquidationBonus, uint256 interestRate, uint256 reserveFactor, uint256 perSecondFactorRAY)', | ||
| USDST | ||
| ), | ||
| call(LENDING_REGISTRY, 'function liquidityPool() view returns (address)'), | ||
| ]); | ||
|
|
||
| const cash = BigInt(await call(USDST, 'erc20:balanceOf', liquidityPool)); | ||
| const borrows = (BigInt(totalScaledDebt) * BigInt(borrowIndex)) / RAY; | ||
| const supplied = cash + borrows; | ||
| if (supplied === 0n) return []; | ||
|
|
||
| const totalSupplied = Number(supplied) / 1e18; | ||
| const totalBorrows = Number(borrows) / 1e18; | ||
| const utilization = totalBorrows / totalSupplied; | ||
|
|
||
| const reserveFactor = Number(cfg.reserveFactor ?? cfg[4]) / 1e4; | ||
| const ltv = Number(cfg.ltv ?? cfg[0]) / 1e4; | ||
| // Derive the supply per-second rate before annualizing; compounding the | ||
| // borrow APY first would overstate the supply APY. | ||
| const borrowRatePerSecond = | ||
| Number(BigInt(cfg.perSecondFactorRAY ?? cfg[5]) - RAY) / 1e27; | ||
| const borrowApy = | ||
| (Math.pow(1 + borrowRatePerSecond, SECONDS_PER_YEAR) - 1) * 100; | ||
| const supplyRatePerSecond = | ||
| borrowRatePerSecond * utilization * (1 - reserveFactor); | ||
| const supplyApy = | ||
| (Math.pow(1 + supplyRatePerSecond, SECONDS_PER_YEAR) - 1) * 100; | ||
|
|
||
| return [ | ||
| { | ||
| pool: `${LENDING_POOL}-strato`.toLowerCase(), | ||
| chain: utils.formatChain(CHAIN), | ||
| project: PROJECT, | ||
| symbol: 'USDST', | ||
| tvlUsd: (Number(cash) / 1e18) * usdstPrice, | ||
| apyBase: supplyApy, | ||
| apyBaseBorrow: borrowApy, | ||
| totalSupplyUsd: totalSupplied * usdstPrice, | ||
| totalBorrowUsd: totalBorrows * usdstPrice, | ||
| ltv, | ||
| borrowable: true, | ||
| underlyingTokens: [USDST], | ||
| poolMeta: 'lendUSDST lending', | ||
| url: URL, | ||
| }, | ||
| ]; | ||
| } | ||
|
|
||
| // STRATO staking. Rewards are paid in STRATO, so apyReward is price-independent. | ||
| async function stakingPool() { | ||
| const [totalStake, rewardAmount, periodStart, periodFinish] = | ||
| await Promise.all([ | ||
| call(STAKING, 'function totalRewardableStake() view returns (uint256)'), | ||
| call(STAKING, 'function rewardPeriodAmount() view returns (uint256)'), | ||
| call(STAKING, 'function periodStart() view returns (uint256)'), | ||
| call(STAKING, 'function periodFinish() view returns (uint256)'), | ||
| ]); | ||
|
|
||
| const totalStakeBI = BigInt(totalStake); | ||
| if (totalStakeBI === 0n) return []; | ||
|
|
||
| const prices = await getPrices([STRATO]); | ||
| const stratoPrice = prices[STRATO.toLowerCase()]; | ||
| if (!stratoPrice) return []; | ||
|
|
||
| const now = Math.floor(Date.now() / 1000); | ||
| const duration = Number(periodFinish) - Number(periodStart); | ||
|
|
||
| let apyReward = 0; | ||
| if ( | ||
| Number(periodStart) <= now && | ||
| Number(periodFinish) > now && | ||
| duration > 0 | ||
| ) { | ||
| const annualReward = | ||
| (Number(BigInt(rewardAmount)) / 1e18) * (SECONDS_PER_YEAR / duration); | ||
| const stakedTokens = Number(totalStakeBI) / 1e18; | ||
| apyReward = (annualReward / stakedTokens) * 100; | ||
| } | ||
|
|
||
| return [ | ||
| { | ||
| pool: `${STAKING}-strato`.toLowerCase(), | ||
| chain: utils.formatChain(CHAIN), | ||
| project: PROJECT, | ||
| symbol: 'STRATO', | ||
| tvlUsd: (Number(totalStakeBI) / 1e18) * stratoPrice, | ||
| apyReward, | ||
| rewardTokens: [STRATO], | ||
| underlyingTokens: [STRATO], | ||
| poolMeta: 'STRATO staking', | ||
| url: URL, | ||
| }, | ||
| ]; | ||
| } | ||
|
|
||
| async function enumeratePools() { | ||
| const pools = []; | ||
| for (let i = 0; i < 500; i++) { | ||
| let addr; | ||
| try { | ||
| addr = await call( | ||
| POOL_FACTORY, | ||
| 'function allPools(uint256) view returns (address)', | ||
| i | ||
| ); | ||
| } catch (e) { | ||
| break; // out of bounds -> reverts | ||
| } | ||
| if (!addr || addr.toLowerCase() === NULL_ADDRESS) break; | ||
| pools.push(addr.toLowerCase()); | ||
| } | ||
| return pools; | ||
| } | ||
|
|
||
| // AMM LP pools. TVL is read from on-chain reserves. Swap fees are not reported: | ||
| // the pool fee rate has no public getter over eth_call, and the active pools have | ||
| // no swap volume in a trailing window, so base APY would be 0 regardless. Pools are | ||
| // reported TVL-only (apyBase 0); fee APY can be added if a fee getter is exposed. | ||
| async function ammPools() { | ||
| const poolAddrs = await enumeratePools(); | ||
| if (!poolAddrs.length) return []; | ||
|
|
||
| const metas = []; | ||
| for (const pool of poolAddrs) { | ||
| try { | ||
| const [tokenA, tokenB] = await Promise.all([ | ||
| call(pool, 'function tokenA() view returns (address)'), | ||
| call(pool, 'function tokenB() view returns (address)'), | ||
| ]); | ||
| const [balA, balB] = await Promise.all([ | ||
| call(tokenA, 'erc20:balanceOf', pool), | ||
| call(tokenB, 'erc20:balanceOf', pool), | ||
| ]); | ||
| metas.push({ | ||
| pool, | ||
| tokenA: tokenA.toLowerCase(), | ||
| tokenB: tokenB.toLowerCase(), | ||
| balA: BigInt(balA), | ||
| balB: BigInt(balB), | ||
| }); | ||
| } catch (e) { | ||
| // not a readable 2-token pool -> skip | ||
| } | ||
| } | ||
|
|
||
| const active = metas.filter((m) => m.balA > 0n || m.balB > 0n); | ||
| if (!active.length) return []; | ||
|
|
||
| const tokens = [...new Set(active.flatMap((m) => [m.tokenA, m.tokenB]))]; | ||
| const [prices, symbols] = await Promise.all([ | ||
| getPrices(tokens), | ||
| (async () => { | ||
| const s = {}; | ||
| for (const t of tokens) { | ||
| try { | ||
| s[t] = await call(t, 'erc20:symbol'); | ||
| } catch (e) { | ||
| s[t] = '?'; | ||
| } | ||
| } | ||
| return s; | ||
| })(), | ||
| ]); | ||
|
|
||
| const pools = []; | ||
| for (const m of active) { | ||
| const priceA = prices[m.tokenA]; | ||
| const priceB = prices[m.tokenB]; | ||
| if (!priceA || !priceB) continue; // avoid mispriced TVL | ||
|
|
||
| const tvlUsd = | ||
| (Number(m.balA) / 1e18) * priceA + (Number(m.balB) / 1e18) * priceB; | ||
| if (!Number.isFinite(tvlUsd) || tvlUsd <= 0) continue; | ||
|
|
||
| pools.push({ | ||
| pool: `${m.pool}-strato`.toLowerCase(), | ||
| chain: utils.formatChain(CHAIN), | ||
| project: PROJECT, | ||
| symbol: utils.formatSymbol(`${symbols[m.tokenA]}-${symbols[m.tokenB]}`), | ||
| tvlUsd, | ||
| apyBase: 0, | ||
| underlyingTokens: [m.tokenA, m.tokenB], | ||
| poolMeta: 'AMM LP', | ||
| url: URL, | ||
| }); | ||
| } | ||
|
|
||
| return pools; | ||
| } | ||
|
|
||
| const apy = async () => { | ||
| const groups = await Promise.all([ | ||
| saveVaultPool().catch(() => []), | ||
| lendingPool().catch(() => []), | ||
| stakingPool().catch(() => []), | ||
| ammPools().catch(() => []), | ||
| ]); | ||
|
|
||
| return groups | ||
| .flat() | ||
| .filter(Boolean) | ||
| .filter((p) => { | ||
| // Lending pools report available liquidity as tvlUsd but are sized by | ||
| // gross supply downstream, so gate them on totalSupplyUsd to match. | ||
| const size = p.totalSupplyUsd ?? p.tvlUsd; | ||
| return Number.isFinite(size) && size >= utils.MIN_TVL_USD; | ||
| }); | ||
| }; | ||
|
|
||
| module.exports = { | ||
| protocolId: '7862', | ||
| timetravel: false, | ||
| apy, | ||
| url: `${URL}/pools`, | ||
| }; | ||
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