GoodReserveCDai
The GoodReserveCDai mints G$ based on the interest transferred from the FundManager. Only the FundManager can trigger minting.
Last updated
The GoodReserveCDai mints G$ based on the interest transferred from the FundManager. Only the FundManager can trigger minting.
Last updated
The contract also acts as the GoodDollar liquidity pool and AMM (Automatic Market Maker) and enables methods to buy and sell G$s.
Emitted when new G$ tokens are minted.
Parameter name | Annotation |
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Emitted when G$ tokens are purchased from the reserve.
Emitted when G$ tokens are sold to the reserve.
Converts cDai tokens to GD tokens and updates the bonding curve params. The buy
occurs only if the G$ return is above the given minimum. It is possible to buy only with cDAI and when the contract is set to active. MUST call to cDAI approve
prior this action to allow this contract to accomplish the conversion.
Returns: How much G$ tokens were transferred.
The sell
helper function burns G$ tokens and update the bonding curve params. The sell
occurs only if the token return is above the given minimum. Notice that there is a contribution amount from the given GD that remains in the reserve.
Returns: The tuple of two: cDAI received amount and G$ exit contribution.
Mint rewards for staking contracts in G$ and update RR requires minting permissions which is enforced by _mintGoodDollars
function.
Returns: The tuple of two: cDAI received amount and G$ exit contribution.
Only FundManager or other with mint G$ permission can call this to trigger minting. Reserve sends UBI + interest to FundManager.
Returns: The tuple of two: how much GD UBI was minted and how much cDAI collected from staking contracts.
Parameter name | Annotation |
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Parameter name | Annotation |
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Parameter name | Annotation |
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Parameter name | Annotation |
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Parameter name | Annotation |
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Parameter name | Annotation |
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day
Epoch of UBI.
interestToken
The token paid as interest.
interestReceived
Wei amount of interest paid in interestToken
.
gdInterestMinted
Amount of G$ tokens that was added to the supply as result of mintInterest
function.
gdExpansionMinted
Amount of G$ tokens that was added to the supply as a result of mintExpansion
function.
gdUbiTransferred
Amount of G$ tokens that was minted to the ubiCollector
contract.
caller
The initiate person of the event.
inputToken
The convertible token address which the G$ tokens were purchased with.
inputAmount
Reserve tokens amount.
actualReturn
Actual return of the tokens after the conversion.
receiverAddress
The address of the receiver of tokens.
caller
The initiate person of the event.
outputToken
The convertible token address which the G$ tokens were sold to.
gdAmount
Reserve tokens amount.
contributionAmount
Actual return of the tokens after the conversion.
actualReturn
The address of the receiver of tokens.
receiverAddress
The address of the receiver of the tokens.
_tokenAmount
The amount of cDAI tokens that should be converted to G$ tokens.
_minReturn
The minimum allowed return in G$ tokens.
_targetAddress
Address of G$ and GOOD recipient if different than msg.sender
.
_gdAmount
The amount of GD tokens that should be converted to cDAI tokens.
_minReturn
The minimum allowed amount of cDAI tokens to return.
_target
Address of the receiver of cDAI when sell G$.
_seller
Address of the seller when using helper contract.
_token
The amount of GD tokens that should be converted to cDAI tokens.
_to
The minimum allowed amount of cDAI tokens to return.
_amount
Address of the receiver of cDAI when sell G$.
_daiToConvert
DAI amount to convert cDAI.
_startingCDAIBalance
Initial cDAI balance before staking collect process start.
_interestToken
The token that was transfered to the reserve.