Merge pull request #54 from pendulum-chain/53-deploy-forex-amm-instan…

…ce-for-asset-hub-usdc Add description of USDC Asset Hub instance
pendulum-chain · Nov 15, 2024 · e6bc166 · e6bc166
2 parents 4adc32a + 268b79a
commit e6bc166
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diff --git a/nabla/config.json b/nabla/config.json
@@ -106,6 +106,6 @@
       "refTime": "10000000000000000",
       "proofSize": "10000000000000000"
     },
-    "storageDeposit": "2300000000000"
+    "storageDeposit": "5300000000000"
   }
 }
diff --git a/nabla/deployments/pendulum/usdcAssetHubVortexPrototype.ts b/nabla/deployments/pendulum/usdcAssetHubVortexPrototype.ts
@@ -0,0 +1,126 @@
+import { DeploymentDescription, generateStellarToken } from "../types";
+
+// this is deployment described on
+// https://www.notion.so/satoshipay/24-11-14-USDC-Asset-Hub-Prototype-Deployment-13e8b1b29b2f801a874ae384dd36c4a6
+// this instance can be accessed via
+// https://deploy-preview-619--rococo-souffle-a625f5.netlify.app/pendulum/nabla/swap-pools
+// this instance is defined in issues
+// https://github.com/pendulum-chain/wasm-deploy/issues/53
+
+export function generateDeploymentDescription(deployerAddress: string): DeploymentDescription {
+  return {
+    tokens: {
+      eurc: generateStellarToken({
+        name: "Stellar EURC (Circle)",
+        symbol: "EURC.s",
+        code: "EURC",
+        issuer: "0xcf4f5a26e2090bb3adcf02c7a9d73dbfe6659cc690461475b86437fa49c71136", // GDHU6WRG4IEQXM5NZ4BMPKOXHW76MZM4Y2IEMFDVXBSDP6SJY4ITNPP2 (circle.com)
+        oracleBlockchain: "FIAT",
+        oracleSymbol: "EUR-USD",
+      }),
+      ars: generateStellarToken({
+        name: "Stellar ARS",
+        symbol: "ARS.s",
+        code: "ARS",
+        issuer: "0xb04f8bff207a0b001aec7b7659a8d106e54e659cdf9533528f468e079628fba1", // GCYE7C77EB5AWAA25R5XMWNI2EDOKTTFTTPZKM2SR5DI4B4WFD52DARS ( https://anclap.com)
+        oracleBlockchain: "FIAT",
+        oracleSymbol: "ARS-USD",
+      }),
+      usdcAxl: {
+        name: "USDC (Axelar)",
+        symbol: "USDC.axl",
+        decimals: 6,
+        variant: [1],
+        index: [12],
+        code: [],
+        issuer: [],
+        oracleBlockchain: "FIAT",
+        oracleSymbol: "USD-USD",
+      },
+      usdc: {
+        name: "USD Coin",
+        symbol: "USDC",
+        decimals: 6,
+        variant: [1],
+        index: [2],
+        code: [],
+        issuer: [],
+        oracleBlockchain: "FIAT",
+        oracleSymbol: "USD-USD",
+      },
+    },
+
+    curves: {
+      lowSlippage: {
+        alpha: 0.001,
+        beta: 0.001,
+      },
+      noSlippage: {
+        alpha: 1,
+        beta: 0.00001,
+      },
+    },
+
+    backstop: {
+      token: "usdc",
+      lpTokenName: "Backstop LP",
+      lpTokenSymbol: "BSP-LP",
+      poolCapUnits: 2_000,
+    },
+
+    swapPools: {
+      eurc: {
+        curve: "lowSlippage",
+        treasuryAccount: deployerAddress,
+        lpTokenName: "EURC Swap LP",
+        lpTokenSymbol: "EURC-LP",
+        insuranceFeeBasisPoints: 100,
+        lpFeeBasisPoints: 6, // 0.06% = 0.1% * 60%
+        backstopFeeBasisPoints: 4, // 0.04% = 0.1% * 40%
+        protocolFeeBasisPoints: 0, // 0%
+        insuranceWithdrawalTimelock: 7200,
+        poolCapUnits: 20_000,
+        maxCoverageRatioPercent: 200,
+      },
+      ars: {
+        curve: "lowSlippage",
+        treasuryAccount: deployerAddress,
+        lpTokenName: "ARS Swap LP",
+        lpTokenSymbol: "ARS-LP",
+        insuranceFeeBasisPoints: 100,
+        lpFeeBasisPoints: 6, // 0.06% = 0.1% * 60%
+        backstopFeeBasisPoints: 4, // 0.04% = 0.1% * 40%
+        protocolFeeBasisPoints: 0, // 0%
+        insuranceWithdrawalTimelock: 7200,
+        poolCapUnits: 20_000_000,
+        maxCoverageRatioPercent: 200,
+      },
+      usdcAxl: {
+        curve: "noSlippage",
+        treasuryAccount: deployerAddress,
+        lpTokenName: "USDC.axl Swap LP",
+        lpTokenSymbol: "USDC.axl-LP",
+        insuranceFeeBasisPoints: 100,
+        lpFeeBasisPoints: 6, // 0.06% = 0.1% * 60%
+        backstopFeeBasisPoints: 4, // 0.04% = 0.1% * 40%
+        protocolFeeBasisPoints: 0, // 0%
+        insuranceWithdrawalTimelock: 7200,
+        poolCapUnits: 15_000,
+        maxCoverageRatioPercent: 1_500,
+      },
+      usdc: {
+        curve: "lowSlippage",
+        treasuryAccount: deployerAddress,
+        lpTokenName: "USDC Swap LP",
+        lpTokenSymbol: "USDC-LP",
+        insuranceFeeBasisPoints: 100,
+        lpFeeBasisPoints: 6, // 0.06% = 0.1% * 60%
+        backstopFeeBasisPoints: 4, // 0.04% = 0.1% * 40%
+        protocolFeeBasisPoints: 0, // 0%
+        insuranceWithdrawalTimelock: 7200,
+        poolCapUnits: 15_000,
+        maxCoverageRatioPercent: 1_500,
+      },
+    },
+  };
+}
diff --git a/nabla/deployments/selector.ts b/nabla/deployments/selector.ts
@@ -2,13 +2,15 @@ import { DeploymentDescription } from "./types";
 
 import * as usdtVortexPrototype from "./pendulum/usdtVortexPrototype";
 import * as usdcAxelarVortexPrototype from "./pendulum/usdcAxelarVortexPrototype";
+import * as usdcAssetHubVortexPrototype from "./pendulum/usdcAssetHubVortexPrototype";
 import * as productionPendulum from "./pendulum/productionPendulum";
 import * as mockTestnet from "./foucoco/mockTestnet";
 import * as slippageTest from "./foucoco/slippageTest";
 
 const DEPLOYMENT_DESCRIPTIONS: Record<string, (treasuryAccount: string) => DeploymentDescription> = {
   usdtVortexPrototype: usdtVortexPrototype.generateDeploymentDescription,
   usdcAxelarVortexPrototype: usdcAxelarVortexPrototype.generateDeploymentDescription,
+  usdcAssetHubVortexPrototype: usdcAssetHubVortexPrototype.generateDeploymentDescription,
   productionPendulum: productionPendulum.generateDeploymentDescription,
   mockTestnet: mockTestnet.generateDeploymentDescription,
   slippageTest: slippageTest.generateDeploymentDescription,