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Removed subscription ratio for a global vault:perp tvl (or system ratio) #254
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Removed subscription ratio for a global vault:perp tvl (or system ratio)
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brandoniles
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Looks good. Just the one comment on naming.
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brandoniles
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LGTM
* fee policy restructure * updated perp fee and rebalance handling, audit cleanup * updated vault fee and rebalance handling, audit cleanup * interface and lib updates * updated unit tests * code review fixes #1 * code review fixes #2 * code review fix #3 * Removed subscription ratio for a global vault:perp tvl (or system ratio) (#254) * Using a system ratio target * using system state to calculate fees * using system state for fees and removed subscription liquidity check * interface updates * unit test updates * rename
* Bump coverallsapp/github-action from 2.3.0 to 2.3.3 (#228) Bumps [coverallsapp/github-action](https://github.com/coverallsapp/github-action) from 2.3.0 to 2.3.3. - [Release notes](https://github.com/coverallsapp/github-action/releases) - [Commits](coverallsapp/github-action@v2.3.0...v2.3.3) --- updated-dependencies: - dependency-name: coverallsapp/github-action dependency-type: direct:production update-type: version-update:semver-patch ... Signed-off-by: dependabot[bot] <support@github.com> Co-authored-by: dependabot[bot] <49699333+dependabot[bot]@users.noreply.github.com> * updated cdr pricer (#229) * Deployed v4.1.0 implementations * Bump coverallsapp/github-action from 2.3.3 to 2.3.4 (#230) Bumps [coverallsapp/github-action](https://github.com/coverallsapp/github-action) from 2.3.3 to 2.3.4. - [Release notes](https://github.com/coverallsapp/github-action/releases) - [Commits](coverallsapp/github-action@v2.3.3...v2.3.4) --- updated-dependencies: - dependency-name: coverallsapp/github-action dependency-type: direct:production update-type: version-update:semver-patch ... Signed-off-by: dependabot[bot] <support@github.com> Co-authored-by: dependabot[bot] <49699333+dependabot[bot]@users.noreply.github.com> * updated spot subgraph to keep track of vault swap volume * Vault Refactor & Meta Oracle (#224) * removed pricing strategies in favor of meta oracle * Bill broker refactor, using new meta oracle * Charm vault refactor, using new meta oracle * Updated Interfaces and Errors * updated unit tests * code review changes * Scalable usdc spot strategy (#231) Apply suggestions from code review Co-authored-by: Brandon Iles <brandon@fragments.org> review fix caching bool instead of prev deviation * billy subgraph (#234) * Deployed new oracle contract and managers (#233) * deployed new oracle and managers * updated readme * Staking subgraph (#235) * staking subgraph, refreshing store on rebase * charm wampl vault subgraph * adds timestamp to swap events subgraph (#236) * adds timestamp to swap events subgraph Signed-off-by: nms-7 <nixon.ubud@gmail.com> * linting Signed-off-by: nms-7 <nixon.ubud@gmail.com> * fixed null swap creation with 0 timestamp Signed-off-by: nms-7 <nixon.ubud@gmail.com> --------- Signed-off-by: nms-7 <nixon.ubud@gmail.com> * Bump coverallsapp/github-action from 2.3.4 to 2.3.6 (#238) Bumps [coverallsapp/github-action](https://github.com/coverallsapp/github-action) from 2.3.4 to 2.3.6. - [Release notes](https://github.com/coverallsapp/github-action/releases) - [Commits](coverallsapp/github-action@v2.3.4...v2.3.6) --- updated-dependencies: - dependency-name: coverallsapp/github-action dependency-type: direct:production update-type: version-update:semver-patch ... Signed-off-by: dependabot[bot] <support@github.com> Co-authored-by: dependabot[bot] <49699333+dependabot[bot]@users.noreply.github.com> * Bill broker fee curve change (#237) * using fee factor instead of percentages to support -ve fees * unit tests * code review * convergent fee curve * updated charm fee yield logic (#239) * Fee curve update (#232) * fee curve update * code review fixes * Rollover fee curve update (#240) * rollover fee handles undersubscribed vault * bumped up hardhat * code review comments * DR based flash swap fees * comment updates * updated unit tests to use ethers v6, using custom mocking library * updated tasks and deps * updated perp mint fees to be paid to the vault * removed perp share of fees from flash swaps, all fees go to the vault * added configurable dr soft bounds (curve cutoff point) to flash swap fees * updated unit tests * removed rollover fees from perp * Daily Rebalance * updated unit tests * constant rate enrichment/debasement * mint2, redeem2 * added linked library to limit contract size * unit tests * melding perps immediately after rebalance * Apply suggestions from code review Suggestions Co-authored-by: Brandon Iles <brandon@fragments.org> * Update spot-contracts/contracts/FeePolicy.sol Co-authored-by: Brandon Iles <brandon@fragments.org> * code review fixes * code review fixes v2 * code review fixes v3 * code review v4 * during rebalance, vault pays perps by transferring tranches into perp's reserve * rebalance eql * configurable rebalance freq * code review v5 * Apply suggestions from code review Co-authored-by: Brandon Iles <brandon@fragments.org> * code review fixes * Code review fixes Co-authored-by: Brandon Iles <brandon@fragments.org> * bill broker single sided deposit fix (#253) * Dev Audit Changes (#252) * fee policy restructure * updated perp fee and rebalance handling, audit cleanup * updated vault fee and rebalance handling, audit cleanup * interface and lib updates * updated unit tests * code review fixes #1 * code review fixes #2 * code review fix #3 * Removed subscription ratio for a global vault:perp tvl (or system ratio) (#254) * Using a system ratio target * using system state to calculate fees * using system state for fees and removed subscription liquidity check * interface updates * unit test updates * rename * updated deps --------- Signed-off-by: dependabot[bot] <support@github.com> Signed-off-by: nms-7 <nixon.ubud@gmail.com> Co-authored-by: dependabot[bot] <49699333+dependabot[bot]@users.noreply.github.com> Co-authored-by: nms-7 <57442379+nms-7@users.noreply.github.com> Co-authored-by: Brandon Iles <brandon@fragments.org>
Now the spot system doesn't care about the bond ratios used by the underlying tranches. It balances incentives and fees based on an owner defined vaultTVL : perpTVL target ratio (or system ratio)