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feat(MNYe): Add MNYe basis trading system deploy scripts (#36)
* Udpate package to 0.0.9-basis.0 * Add minReinvestUnits to existing deploy scripts * Add MNYe basis trading system deploy scripts * Add uni tests * Fix bugs * Update fee recipient on modules and add allowed caller * Fix missing import * Remove redundant if statement * Update set-v2-strategies to 0.0.10 * comment out updateFeeRecipient * Updated minReinvestUnits * Fix underflow bug * Deploy latest basis trading strategy to staging mainnet (#37) * update dependencies * Deploy to staging mainnet * Remove updateFeeRecipient util function; And fix failing test
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‎optimism/deploy/005_mny_eth_system.ts‎

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import "module-alias/register";
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import { HardhatRuntimeEnvironment as HRE } from "hardhat/types";
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import { DeployFunction } from "hardhat-deploy/types";
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import { ZERO } from "@utils/constants";
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import { BigNumber } from "ethers";
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import { solidityPack } from "ethers/lib/utils";
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import {
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findDependency,
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getContractAddress,
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getCurrentStage,
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saveContractDeployment,
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getNetworkId
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} from "@utils/outputHelper";
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import {
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PerpV2BasisContractSettings
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} from "../deployments/utils/types";
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import {
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addExtension,
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deployBaseManager,
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prepareDeployment,
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stageAlreadyFinished,
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trackFinishedStage,
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updateSetManager,
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deployFeeExtension,
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setOperator,
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addApprovedCaller
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} from "@utils/deploys/deployUtils";
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import {
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DEPENDENCY
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} from "../deployments/utils/dependencies";
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import {
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CONTRACT_NAMES,
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EXCHANGE_SETTINGS,
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EXECUTION_SETTINGS,
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INCENTIVE_SETTINGS,
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METHODOLOGY_SETTINGS,
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ETH_DECIMALS,
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ETH_USDC_PRICE_FEED_DECIMALS,
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KOVAN_TESTNET_ID,
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PERP_TEST_USDC,
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IC_OPERATOR_MULTISIG,
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ALLOWED_CALLER,
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OPERATOR_FEE_SPLIT
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} from "../deployments/constants/005_mny_eth_system";
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const {
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MNY_ETH_TOKEN,
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ETHUSD_PERP_CHAINLINK_ORACLE,
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PERPV2_ACCOUNT_BALANCE,
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PERPV2_BASIS_TRADING_MODULE,
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SLIPPAGE_ISSUANCE_MODULE,
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STREAMING_FEE_MODULE,
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TRADE_MODULE,
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UNISWAP_V3_QUOTER,
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USDC,
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WETH,
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V_ETH,
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V_USD,
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} = DEPENDENCY;
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const CURRENT_STAGE = getCurrentStage(__filename);
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const func: DeployFunction = trackFinishedStage(CURRENT_STAGE, async function (hre: HRE) {
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const {
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deploy,
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deployer,
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networkConstant
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} = await prepareDeployment(hre);
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// Deploy BaseManager
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await deployBaseManager(
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hre,
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CONTRACT_NAMES.BASE_MANAGER,
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MNY_ETH_TOKEN,
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deployer, // operator
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IC_OPERATOR_MULTISIG // methodologist
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);
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const networkId = getNetworkId();
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// Perpetual Protocol has a fully deployed system on Optimistic Kovan. You can get the
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// kovan test USDC it uses from faucet at: https://kovan.optifaucet.com/
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const usdcTokenAddress = (networkId === KOVAN_TESTNET_ID)
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? await findDependency(PERP_TEST_USDC)
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: await findDependency(USDC);
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// Deploy strategy extension
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await deployBasisTradingStrategyExtension();
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const streamingFeeModuleAddress = await findDependency(STREAMING_FEE_MODULE);
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const issuanceModuleAddress = await findDependency(SLIPPAGE_ISSUANCE_MODULE);
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// Deploy fee split extension
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await deployFeeExtension(
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hre,
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CONTRACT_NAMES.FEE_SPLIT_EXTENSION,
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CONTRACT_NAMES.BASE_MANAGER,
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OPERATOR_FEE_SPLIT,
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IC_OPERATOR_MULTISIG,
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streamingFeeModuleAddress,
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issuanceModuleAddress
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);
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// Add extensions to manager
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await addExtension(hre, CONTRACT_NAMES.BASE_MANAGER, CONTRACT_NAMES.STRATEGY_EXTENSION);
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await addExtension(hre, CONTRACT_NAMES.BASE_MANAGER, CONTRACT_NAMES.FEE_SPLIT_EXTENSION);
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// Add approved caller to strategy extension
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await addApprovedCaller(hre, CONTRACT_NAMES.STRATEGY_EXTENSION, [ALLOWED_CALLER], [true]);
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// Set manager to BaseManager
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if (networkConstant !== "development") {
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await updateSetManager(hre, MNY_ETH_TOKEN, CONTRACT_NAMES.BASE_MANAGER);
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}
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// Finally set operator to IC Operator multisig
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await setOperator(hre, CONTRACT_NAMES.BASE_MANAGER, IC_OPERATOR_MULTISIG);
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async function deployBasisTradingStrategyExtension(): Promise<void> {
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const checkStrategyExtensionAddress = await getContractAddress(CONTRACT_NAMES.STRATEGY_EXTENSION);
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if (checkStrategyExtensionAddress == "") {
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const manager = await getContractAddress(CONTRACT_NAMES.BASE_MANAGER);
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const contractSettings: PerpV2BasisContractSettings = {
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setToken: await findDependency(MNY_ETH_TOKEN),
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basisTradingModule: await findDependency(PERPV2_BASIS_TRADING_MODULE),
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tradeModule: await findDependency(TRADE_MODULE),
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quoter: await findDependency(UNISWAP_V3_QUOTER),
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perpV2AccountBalance: await findDependency(PERPV2_ACCOUNT_BALANCE),
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baseUSDPriceOracle: await findDependency(ETHUSD_PERP_CHAINLINK_ORACLE),
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twapInterval: ZERO,
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basePriceDecimalAdjustment: BigNumber.from(ETH_DECIMALS).sub(ETH_USDC_PRICE_FEED_DECIMALS),
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virtualBaseAddress: await findDependency(V_ETH),
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virtualQuoteAddress: await findDependency(V_USD),
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spotAssetAddress: await findDependency(WETH)
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};
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const methodlogySettings = METHODOLOGY_SETTINGS;
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const executionSettings = EXECUTION_SETTINGS;
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const exchangeSettings = EXCHANGE_SETTINGS;
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const incentiveSettings = INCENTIVE_SETTINGS;
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exchangeSettings.buyExactSpotTradeData = solidityPack(
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["address", "uint24", "address", "bool"],
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[await findDependency(WETH), BigNumber.from(3000), usdcTokenAddress, false]
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);
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exchangeSettings.sellExactSpotTradeData = solidityPack(
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["address", "uint24", "address", "bool"],
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[await findDependency(WETH), BigNumber.from(3000), usdcTokenAddress, true],
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);
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exchangeSettings.buySpotQuoteExactInputPath = solidityPack(
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["address", "uint24", "address"],
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[usdcTokenAddress, BigNumber.from(3000), await findDependency(WETH)]
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);
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const constructorArgs = [
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manager,
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contractSettings,
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methodlogySettings,
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executionSettings,
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incentiveSettings,
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exchangeSettings
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];
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const extensionDeploy = await deploy("DeltaNeutralBasisTradingStrategyExtension", {
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from: deployer,
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args: constructorArgs,
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log: true
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});
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extensionDeploy.receipt && await saveContractDeployment({
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name: CONTRACT_NAMES.STRATEGY_EXTENSION,
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contractAddress: extensionDeploy.address,
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id: extensionDeploy.receipt.transactionHash,
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description: "Deployed MNYeBasisTradingStrategyExtension",
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constructorArgs
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});
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}
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}
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});
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func.skip = stageAlreadyFinished(CURRENT_STAGE);
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export default func;

‎optimism/deployments/constants/004_perp_basis_trading_system.ts‎

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import { BigNumber } from "@ethersproject/bignumber";
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import { ether } from "@utils/index";
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import { ONE_HOUR_IN_SECONDS } from "@utils/constants";
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import { ONE_HOUR_IN_SECONDS, TWO } from "@utils/constants";
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export const CONTRACT_NAMES = {
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BASE_MANAGER: "PerpV2BaseManager",
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export const METHODOLOGY_SETTINGS = {
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targetLeverageRatio: ether(-1),
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minLeverageRatio: ether(-0.9),
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minLeverageRatio: ether(-0.95),
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maxLeverageRatio: ether(-1.1),
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recenteringSpeed: ether(0.1),
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rebalanceInterval: ONE_HOUR_IN_SECONDS.mul(2),
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reinvestInterval: ONE_HOUR_IN_SECONDS
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reinvestInterval: ONE_HOUR_IN_SECONDS,
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minReinvestUnits: TWO
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};
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export const EXECUTION_SETTINGS = {

‎optimism/deployments/constants/005_mny_eth_system.ts‎

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import { BigNumber } from "@ethersproject/bignumber";
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import { ether } from "@utils/index";
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import { ONE_DAY_IN_SECONDS ,MAX_UINT_256 } from "@utils/constants";
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export const CONTRACT_NAMES = {
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BASE_MANAGER: "MNYeBaseManager",
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STANDARD_TOKEN_MOCK: "StandardTokenMock",
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STRATEGY_EXTENSION: "MNYeBasisTradingStrategyExtension",
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FEE_SPLIT_EXTENSION: "MNYeFeeSplitExtension"
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};
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export const IC_OPERATOR_MULTISIG = "0xA047F6900FeE0b6195088a49009eA65365f7DD68";
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export const ALLOWED_CALLER = "0x17d3FdB23128F8e376ffA444B8A84A30573864a6";
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export const OPERATOR_FEE_SPLIT = ether(1); // 100%
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export const METHODOLOGY_SETTINGS = {
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targetLeverageRatio: ether(-1), // -1x
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minLeverageRatio: ether(-0.95), // -0.95x
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maxLeverageRatio: ether(-2), // -2x
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recenteringSpeed: ether(1), // N/A; Unused value; Can't be set to 0; So set to 1
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rebalanceInterval: MAX_UINT_256, // Rebalance only when out of bounds
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reinvestInterval: ONE_DAY_IN_SECONDS.mul(7), // 7 days
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minReinvestUnits: BigNumber.from(10000) // 1 cent per Set; 1 bps at 100$ per Set
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};
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export const EXECUTION_SETTINGS = {
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twapCooldownPeriod: BigNumber.from(30), // 30 sec cooldown
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slippageTolerance: ether(0.02), // 2% max slippage on regular rebalances
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};
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export const INCENTIVE_SETTINGS = {
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incentivizedTwapCooldownPeriod: BigNumber.from(1), // 1 sec cooldown on ripcord
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incentivizedSlippageTolerance: ether(0.05), // 5% max slippage on ripcord
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etherReward: ether(1), // 1 ETH
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incentivizedLeverageRatio: ether(-3), // 3x
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};
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export const EXCHANGE_SETTINGS = {
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exchangeName: "UniswapV3ExchangeAdapterV2",
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buyExactSpotTradeData: "", // will be overriden in the deploy script
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sellExactSpotTradeData: "", // will be overriden in the deploy script
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buySpotQuoteExactInputPath: "", // will be overriden in the deploy script
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twapMaxTradeSize: ether(30), // 30 ETH
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incentivizedTwapMaxTradeSize: ether(60) // 60 ETH
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};
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export const ETH_DECIMALS = 18; // vETH decimals
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export const ETH_USDC_PRICE_FEED_DECIMALS = 8; // ETHUSD chainlink price feed decimals
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export const PERP_TEST_USDC = "PERP_TEST_USDC";
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export const KOVAN_TESTNET_ID = 69;

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