Awesome
Yearn v2 Strategy Foundry Mix
For v3 foundry strategy mix see here
What you'll find here
-
Basic Solidity Smart Contract for creating your own Yearn Strategy (
Strategy.sol
) -
Configured github template with Foundry framework for starting your yearn strategy project.
-
Sample test suite. (
tests
)
How does it work for the User
Let's say Alice holds 100 DAI and wants to start earning yield % on them.
For this Alice needs to DAI.approve(vault.address, 100)
.
Then Alice will call Vault.deposit(100)
.
Vault will then transfer 100 DAI from Alice to itself, and mint Alice the corresponding shares.
Alice can then redeem those shares using Vault.withdrawAll()
for the corresponding DAI balance (exchanged at Vault.pricePerShare()
).
Installation and Setup
-
To install with Foundry.
-
Fork this repository (easier) or create a new repository using it as template. Create from template
-
Clone your newly created repository recursively to include modules.
git clone --recursive https://github.com/myuser/foundry-yearn-strategy
cd foundry-yearn-strategy
NOTE: if you create from template you may need to run the following command to fetch the git submodules (.gitmodules for exact releases) git submodule init && git submodule update
- Build the project.
make build
-
Sign up for Infura and generate an API key and copy your RPC url. Store it in the
ETH_RPC_URL
environment variable. NOTE: you can use other services. -
Use .env file
-
Make a copy of
.env.example
-
Add the values for
ETH_RPC_URL
,ETHERSCAN_API_KEY
and other example vars NOTE: If you set up a global environment variable, that will take precedence. -
Run tests
make test
Basic Use
To deploy the demo Yearn Strategy in a development environment:
TODO
Implementing Strategy Logic
src/Strategy.sol
is where you implement your own logic for your strategy. In particular:
- Create a descriptive name for your strategy via
Strategy.name()
. - Invest your want tokens via
Strategy.adjustPosition()
. - Take profits and report losses via
Strategy.prepareReturn()
. - Unwind enough of your position to payback withdrawals via
Strategy.liquidatePosition()
. - Unwind all of your positions via
Strategy.exitPosition()
. - Fill in a way to estimate the total
want
tokens managed by the strategy viaStrategy.estimatedTotalAssets()
. - Migrate all the positions managed by your strategy via
Strategy.prepareMigration()
. - Make a list of all position tokens that should be protected against movements via
Strategy.protectedTokens()
.
Testing
Tests run in fork environment, you need to complete Installation and Setup step 6 to be able to run these commands.
make test
Run tests with traces (very useful)
make trace
Run specific test contract (e.g. test/StrategyOperation.t.sol
)
make test-contract contract=StrategyOperationsTest
Run specific test contract with traces (e.g. test/StrategyOperation.t.sol
)
make trace-contract contract=StrategyOperationsTest
See here for some tips on testing Testing Tips
Deploying Contracts
You can Deploy and verify your strategies if PRIV_KEY and ETHERSCAN_API_KEY are both set in the .env by using the command
make deploy
Before deploying, update the constructor-args variable within the Makefile to include any parameters applicable. Make sure to seperate each argument only by a space, no commas.
The deploy script is coded to deploy the "Strategy" contract within the Strategy.sol file. This can be updated by simply updating to src/YourContract.sol:YourContract.
GitHub Actions
This template comes with GitHub Actions pre-configured. Your contracts will be linted and tested on every push to
master
and develop
branch.
Note though that to make this work, you must set your INFURA_API_KEY
and your ETHERSCAN_API_KEY
as GitHub secrets.