Decentralized leveraged tokens.
Cube tokens such as cubeBTC approximately track P ^ 3
, while
inverse cube tokens such as invBTC approximately track 1 / P ^ 3
, where P
is
the price of BTC.
Users can deposit ETH into a pool to mint cube tokens and later burn them to withdraw their ETH. If BTC goes up by 1%, cubeBTC's share of the pool will go up by around 3% and invBTC's pool share will go down by 3%. The pool shares are then normalized to sum to 100%.
There are two privileged accounts for each pool: governance and a guardian.
The governance account can:
-
Change max pool share of each cube token
-
Change TVL cap
-
Collect fees that have accrued
-
Change trading fee
Both governance and the guardian can:
-
Emergency withdraw all ETH from the contract to the owner. This power can later be revoked if the owner calls
finalize()
. This is intended to be used in the case of a bug to rescue funds. -
Pause and unpause deposits, withdrawals and price updates for any cube token. This is intended to be used in the case of a bug or oracle failure.
CubePool.sol
is a pool containing deposited ETH. Users can deposit ETH to
mint cube tokens and later burn them to withdraw their ETH.
CubeToken.sol
is an ERC20 token representing a cube token. It's deployed
from the CubePool
when a new cube token is added.
ChainlinkFeedsRegistry.sol
is a contract containing a mapping from tokens
to their Chainlink price feed.
Run below as a workaround for this bug in brownie
brownie pm clone OpenZeppelin/openzeppelin-contracts-upgradeable@3.4.0
Run solidity linter
npm run lint:fix
Run python formatter for unit tests
black .
Run unit tests
brownie test
Run keeper script. You need to set up a brownie account and set environment
variables KEEPER_ACCOUNT
, KEEPER_PW
and WEB3_INFURA_PROJECT_ID
brownie run keep
Deploy
brownie run deploy