Contract Name:
ERC4626RateProvider
Contract Source Code:
// SPDX-License-Identifier: GPL-3.0-or-later
// This program is free software: you can redistribute it and/or modify
// it under the terms of the GNU General Public License as published by
// the Free Software Foundation, either version 3 of the License, or
// (at your option) any later version.
// This program is distributed in the hope that it will be useful,
// but WITHOUT ANY WARRANTY; without even the implied warranty of
// MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
// GNU General Public License for more details.
// You should have received a copy of the GNU General Public License
// along with this program. If not, see <http://www.gnu.org/licenses/>.
pragma solidity ^0.8.0;
import "forge-std/interfaces/IERC4626.sol";
import "./interfaces/IRateProvider.sol";
/**
* @title ERC4626 Rate Provider
* @notice Returns an 18 decimal fixed point number that is the exchange rate of the
* shares of an ERC4626 to the underlying asset
*/
contract ERC4626RateProvider is IRateProvider {
IERC4626 public immutable erc4626;
uint256 public immutable fixedPointOne;
constructor(IERC4626 _erc4626) {
erc4626 = _erc4626;
uint256 underlyingDecimals = IERC4626(_erc4626.asset()).decimals();
// Balancer does not support tokens with more than 18 decimals so this will never underflow
fixedPointOne = 10 ** (18 + _erc4626.decimals() - underlyingDecimals);
}
/**
* @return An 18 decimal fixed point number that is the exchange rate of the
* shares of an ERC4626 to the underlying asset
*/
function getRate() external view override returns (uint256) {
return erc4626.convertToAssets(fixedPointOne);
}
}
// SPDX-License-Identifier: MIT
pragma solidity >=0.6.2;
import "./IERC20.sol";
/// @dev Interface of the ERC4626 "Tokenized Vault Standard", as defined in
/// https://eips.ethereum.org/EIPS/eip-4626
interface IERC4626 is IERC20 {
event Deposit(address indexed sender, address indexed owner, uint256 assets, uint256 shares);
event Withdraw(
address indexed sender, address indexed receiver, address indexed owner, uint256 assets, uint256 shares
);
/// @notice Returns the address of the underlying token used for the Vault for accounting, depositing, and withdrawing.
/// @dev
/// - MUST be an ERC-20 token contract.
/// - MUST NOT revert.
function asset() external view returns (address assetTokenAddress);
/// @notice Returns the total amount of the underlying asset that is “managed” by Vault.
/// @dev
/// - SHOULD include any compounding that occurs from yield.
/// - MUST be inclusive of any fees that are charged against assets in the Vault.
/// - MUST NOT revert.
function totalAssets() external view returns (uint256 totalManagedAssets);
/// @notice Returns the amount of shares that the Vault would exchange for the amount of assets provided, in an ideal
/// scenario where all the conditions are met.
/// @dev
/// - MUST NOT be inclusive of any fees that are charged against assets in the Vault.
/// - MUST NOT show any variations depending on the caller.
/// - MUST NOT reflect slippage or other on-chain conditions, when performing the actual exchange.
/// - MUST NOT revert.
///
/// NOTE: This calculation MAY NOT reflect the “per-user” price-per-share, and instead should reflect the
/// “average-user’s” price-per-share, meaning what the average user should expect to see when exchanging to and
/// from.
function convertToShares(uint256 assets) external view returns (uint256 shares);
/// @notice Returns the amount of assets that the Vault would exchange for the amount of shares provided, in an ideal
/// scenario where all the conditions are met.
/// @dev
/// - MUST NOT be inclusive of any fees that are charged against assets in the Vault.
/// - MUST NOT show any variations depending on the caller.
/// - MUST NOT reflect slippage or other on-chain conditions, when performing the actual exchange.
/// - MUST NOT revert.
///
/// NOTE: This calculation MAY NOT reflect the “per-user” price-per-share, and instead should reflect the
/// “average-user’s” price-per-share, meaning what the average user should expect to see when exchanging to and
/// from.
function convertToAssets(uint256 shares) external view returns (uint256 assets);
/// @notice Returns the maximum amount of the underlying asset that can be deposited into the Vault for the receiver,
/// through a deposit call.
/// @dev
/// - MUST return a limited value if receiver is subject to some deposit limit.
/// - MUST return 2 ** 256 - 1 if there is no limit on the maximum amount of assets that may be deposited.
/// - MUST NOT revert.
function maxDeposit(address receiver) external view returns (uint256 maxAssets);
/// @notice Allows an on-chain or off-chain user to simulate the effects of their deposit at the current block, given
/// current on-chain conditions.
/// @dev
/// - MUST return as close to and no more than the exact amount of Vault shares that would be minted in a deposit
/// call in the same transaction. I.e. deposit should return the same or more shares as previewDeposit if called
/// in the same transaction.
/// - MUST NOT account for deposit limits like those returned from maxDeposit and should always act as though the
/// deposit would be accepted, regardless if the user has enough tokens approved, etc.
/// - MUST be inclusive of deposit fees. Integrators should be aware of the existence of deposit fees.
/// - MUST NOT revert.
///
/// NOTE: any unfavorable discrepancy between convertToShares and previewDeposit SHOULD be considered slippage in
/// share price or some other type of condition, meaning the depositor will lose assets by depositing.
function previewDeposit(uint256 assets) external view returns (uint256 shares);
/// @notice Mints shares Vault shares to receiver by depositing exactly amount of underlying tokens.
/// @dev
/// - MUST emit the Deposit event.
/// - MAY support an additional flow in which the underlying tokens are owned by the Vault contract before the
/// deposit execution, and are accounted for during deposit.
/// - MUST revert if all of assets cannot be deposited (due to deposit limit being reached, slippage, the user not
/// approving enough underlying tokens to the Vault contract, etc).
///
/// NOTE: most implementations will require pre-approval of the Vault with the Vault’s underlying asset token.
function deposit(uint256 assets, address receiver) external returns (uint256 shares);
/// @notice Returns the maximum amount of the Vault shares that can be minted for the receiver, through a mint call.
/// @dev
/// - MUST return a limited value if receiver is subject to some mint limit.
/// - MUST return 2 ** 256 - 1 if there is no limit on the maximum amount of shares that may be minted.
/// - MUST NOT revert.
function maxMint(address receiver) external view returns (uint256 maxShares);
/// @notice Allows an on-chain or off-chain user to simulate the effects of their mint at the current block, given
/// current on-chain conditions.
/// @dev
/// - MUST return as close to and no fewer than the exact amount of assets that would be deposited in a mint call
/// in the same transaction. I.e. mint should return the same or fewer assets as previewMint if called in the
/// same transaction.
/// - MUST NOT account for mint limits like those returned from maxMint and should always act as though the mint
/// would be accepted, regardless if the user has enough tokens approved, etc.
/// - MUST be inclusive of deposit fees. Integrators should be aware of the existence of deposit fees.
/// - MUST NOT revert.
///
/// NOTE: any unfavorable discrepancy between convertToAssets and previewMint SHOULD be considered slippage in
/// share price or some other type of condition, meaning the depositor will lose assets by minting.
function previewMint(uint256 shares) external view returns (uint256 assets);
/// @notice Mints exactly shares Vault shares to receiver by depositing amount of underlying tokens.
/// @dev
/// - MUST emit the Deposit event.
/// - MAY support an additional flow in which the underlying tokens are owned by the Vault contract before the mint
/// execution, and are accounted for during mint.
/// - MUST revert if all of shares cannot be minted (due to deposit limit being reached, slippage, the user not
/// approving enough underlying tokens to the Vault contract, etc).
///
/// NOTE: most implementations will require pre-approval of the Vault with the Vault’s underlying asset token.
function mint(uint256 shares, address receiver) external returns (uint256 assets);
/// @notice Returns the maximum amount of the underlying asset that can be withdrawn from the owner balance in the
/// Vault, through a withdrawal call.
/// @dev
/// - MUST return a limited value if owner is subject to some withdrawal limit or timelock.
/// - MUST NOT revert.
function maxWithdraw(address owner) external view returns (uint256 maxAssets);
/// @notice Allows an on-chain or off-chain user to simulate the effects of their withdrawal at the current block,
/// given current on-chain conditions.
/// @dev
/// - MUST return as close to and no fewer than the exact amount of Vault shares that would be burned in a withdraw
/// call in the same transaction. I.e. withdraw should return the same or fewer shares as previewWithdraw if
/// called
/// in the same transaction.
/// - MUST NOT account for withdrawal limits like those returned from maxWithdraw and should always act as though
/// the withdrawal would be accepted, regardless if the user has enough shares, etc.
/// - MUST be inclusive of withdrawal fees. Integrators should be aware of the existence of withdrawal fees.
/// - MUST NOT revert.
///
/// NOTE: any unfavorable discrepancy between convertToShares and previewWithdraw SHOULD be considered slippage in
/// share price or some other type of condition, meaning the depositor will lose assets by depositing.
function previewWithdraw(uint256 assets) external view returns (uint256 shares);
/// @notice Burns shares from owner and sends exactly assets of underlying tokens to receiver.
/// @dev
/// - MUST emit the Withdraw event.
/// - MAY support an additional flow in which the underlying tokens are owned by the Vault contract before the
/// withdraw execution, and are accounted for during withdrawal.
/// - MUST revert if all of assets cannot be withdrawn (due to withdrawal limit being reached, slippage, the owner
/// not having enough shares, etc).
///
/// Note that some implementations will require pre-requesting to the Vault before a withdrawal may be performed.
/// Those methods should be performed separately.
function withdraw(uint256 assets, address receiver, address owner) external returns (uint256 shares);
/// @notice Returns the maximum amount of Vault shares that can be redeemed from the owner balance in the Vault,
/// through a redeem call.
/// @dev
/// - MUST return a limited value if owner is subject to some withdrawal limit or timelock.
/// - MUST return balanceOf(owner) if owner is not subject to any withdrawal limit or timelock.
/// - MUST NOT revert.
function maxRedeem(address owner) external view returns (uint256 maxShares);
/// @notice Allows an on-chain or off-chain user to simulate the effects of their redeemption at the current block,
/// given current on-chain conditions.
/// @dev
/// - MUST return as close to and no more than the exact amount of assets that would be withdrawn in a redeem call
/// in the same transaction. I.e. redeem should return the same or more assets as previewRedeem if called in the
/// same transaction.
/// - MUST NOT account for redemption limits like those returned from maxRedeem and should always act as though the
/// redemption would be accepted, regardless if the user has enough shares, etc.
/// - MUST be inclusive of withdrawal fees. Integrators should be aware of the existence of withdrawal fees.
/// - MUST NOT revert.
///
/// NOTE: any unfavorable discrepancy between convertToAssets and previewRedeem SHOULD be considered slippage in
/// share price or some other type of condition, meaning the depositor will lose assets by redeeming.
function previewRedeem(uint256 shares) external view returns (uint256 assets);
/// @notice Burns exactly shares from owner and sends assets of underlying tokens to receiver.
/// @dev
/// - MUST emit the Withdraw event.
/// - MAY support an additional flow in which the underlying tokens are owned by the Vault contract before the
/// redeem execution, and are accounted for during redeem.
/// - MUST revert if all of shares cannot be redeemed (due to withdrawal limit being reached, slippage, the owner
/// not having enough shares, etc).
///
/// NOTE: some implementations will require pre-requesting to the Vault before a withdrawal may be performed.
/// Those methods should be performed separately.
function redeem(uint256 shares, address receiver, address owner) external returns (uint256 assets);
}
// SPDX-License-Identifier: MIT
pragma solidity ^0.8.27;
interface IRateProvider {
function getRate() external view returns (uint256 _rate);
}
// SPDX-License-Identifier: MIT
pragma solidity >=0.6.2;
/// @dev Interface of the ERC20 standard as defined in the EIP.
/// @dev This includes the optional name, symbol, and decimals metadata.
interface IERC20 {
/// @dev Emitted when `value` tokens are moved from one account (`from`) to another (`to`).
event Transfer(address indexed from, address indexed to, uint256 value);
/// @dev Emitted when the allowance of a `spender` for an `owner` is set, where `value`
/// is the new allowance.
event Approval(address indexed owner, address indexed spender, uint256 value);
/// @notice Returns the amount of tokens in existence.
function totalSupply() external view returns (uint256);
/// @notice Returns the amount of tokens owned by `account`.
function balanceOf(address account) external view returns (uint256);
/// @notice Moves `amount` tokens from the caller's account to `to`.
function transfer(address to, uint256 amount) external returns (bool);
/// @notice Returns the remaining number of tokens that `spender` is allowed
/// to spend on behalf of `owner`
function allowance(address owner, address spender) external view returns (uint256);
/// @notice Sets `amount` as the allowance of `spender` over the caller's tokens.
/// @dev Be aware of front-running risks: https://github.com/ethereum/EIPs/issues/20#issuecomment-263524729
function approve(address spender, uint256 amount) external returns (bool);
/// @notice Moves `amount` tokens from `from` to `to` using the allowance mechanism.
/// `amount` is then deducted from the caller's allowance.
function transferFrom(address from, address to, uint256 amount) external returns (bool);
/// @notice Returns the name of the token.
function name() external view returns (string memory);
/// @notice Returns the symbol of the token.
function symbol() external view returns (string memory);
/// @notice Returns the decimals places of the token.
function decimals() external view returns (uint8);
}