Everlong

[mcclurejt]

Goal

Develop an instrument to manage the lifecycle of many long purchases+redemptions while offering users a single entrypoint (4626-compliant vault) to gain exposure.

Deposit receipts from this instrument are intended for use as collateral in external systems to enable leveraging.

Tasks

• Everlong Interface + Skeleton Contract #1082
• Everlong Testing Harness/Framework #1083
• Everlong Simple Rebalance + Unit Tests #1086
• Everlong Deposit + Unit Tests #1087
• Everlong Redeem + Unit Tests #1088
• Everlong Vault Share Price Mechanism + Unit Tests #1089
• Everlong Idle Liquidity Consideration + Rebalancing Rules #1163
• Everlong Sandwich Investigation and Improved TotalAssets Estimation #1196
• Everlong Partial Position Closures #1194
• Everlong Hyperdrive Error Handling + Limits Consideration #1202
• Everlong Vault Share Price Invariant #1195
• Everlong Yearn Vault Conformity #1140
• Everlong Invariant Tests #1090
• Everlong Cached Poolconfig #1207
• Everlong Extra Idle When Closing Partial Positions #1206
• Hyperdrive Read Library #1165

[mcclurejt]

Update 09/04/2024
Vault share price mechanism works for fee-less Hyperdrive instances!

Currently integrating more advanced estimations for openLong and closeLong output to support Hyperdrive instances with fees.

[mcclurejt]

items still left:

1. Portfolio valuation

2. Test updates

3. Idle liquidity consideration + rebalancing rules

4. Yearn vault adherence

5. Invariant testing

6. Hyperdrive read lib

7. Gas Optimizations

• Store poolconfig and check against cache.