cvault-finance / core-v1

CORE smart contracts v1

How to build

Here to fork CORE? I wish you the best of luck. Please add build steps in your fork and open a PR. It's the least you can do, right?

Introducing CORE

CORE is a non-inflationary cryptocurrency that is designed to execute profit-generating strategies autonomously with a completely decentralized approach. In existing autonomous strategy-executing platforms a team or single developer is solely responsible for determining how locked funds are used to generate ROI. This is hazardous to the health of the fund as it grows, as it creates flawed incentives, and invites mistakes to be made. CORE does away with this dynamic and instead opts for one with decentralized governance.

CORE tokens holders will be able to provide strategy contracts and vote on what goes live and when, in order to decentralize autonomous strategy execution. 5% of all profits generated from these strategies are used to auto market-buy the CORE token.

Live Contracts

NEW

CoreDEX:

• CLEND - 0x54B276C8a484eBF2a244D933AF5FFaf595ea58c5
• Treasury - 0xe508a37101FCe81AB412626eE5F1A648244380de

DELTA:

• DELTA LSW - 0xdaFCE5670d3F67da9A3A44FE6bc36992e5E2beaB
• DELTA Multisig - 0xB2d834dd31816993EF53507Eb1325430e67beefa

LGE III (Part 2):

• wCORE (Proxied) - 0x17b8c1a92b66b1cf3092c5d223cb3a129023b669
• coreDAI (Proxied) - 0x00a66189143279b6db9b77294688f47959f37642

FannyVault Proxy:

• FannyVault (Proxied) - 0xbb791bc6106e4d949863e2ab76fc01ac0a9d7816

LGE III:

• CORE LGE III (Proxied) - 0xaac50b95fbb13956d7c45511f24c3bf9e2a4a76b
• Fork Absorption Migrator (Proxied) - 0x5dca4093bfe88d6fd5511fb78f6a777d47314d35

CORE v2:

• CORE LGE II Proxy - 0xf7ca8f55c54cbb6d0965bc6d65c43adc500bc591

• CORE LGE II Implementation - 0x87Cde0888282084c4676FE973b62A10199297597

• CORE v2 Globals Proxy - https://etherscan.io/address/0x255ca4596a963883afe0ef9c85ea071cc050128b

• CORE v2 Globals Implementation - 0xe22bbd638b24165206314f999ae27fec9e70dcf6

• cBTC Proxy: 0x7b5982dcab054c377517759d0d2a3a5d02615ab8

• cBTC Implementation: 0xf3d513fa681ff6f8f7557533d19aea6a20b961f2

• TransferHandler01 Implementation - 0xc0D019A4fFD6D1Ba7fbA6dE77Caa81af60586167

• TransferHandler01 Proxy - 0x2e2A33CECA9aeF101d679ed058368ac994118E7a

COREv1Router:

• CORE v1 Router Proxy - 0x0ee460204887d98c297bb431e40b713f63ba78e0
• CORE v1 Router Original Implementation - 0xbeb3075d3c231d23b03face34f50edf1f8d53a77

CORE Contracts:

• CORE Token - 0x62359ed7505efc61ff1d56fef82158ccaffa23d7
• CoreVault Proxy - 0xC5cacb708425961594B63eC171f4df27a9c0d8c9
• CoreVault Implementation - 0x7ca9B4BAb4e16bEbEDCfF403f7397935d905f0D3

Governance Contracts:

• Fee Approver - 0x1d0db0a5f9f8cf5b69f804d556176c6bc9186587
• Team Proxy Admin - 0x9cb1eeccd165090a4a091209e8c3a353954b1f0f

Ecosystem Contracts:

• Uniswap CORE/WETH UNI-V2 LP Token Contract

Initial Distribution

The CORE team is kickstarting the initial distribution with a liquidity event. Contribute ETH to the CORE Fair Launch smart contract to receive tokens, and the contributed ETH will be matched and added to the Uniswap liquidity pool. Note that once added, liquidity tokens can not be removed from the CORE Uniswap LP pools. This is by design. Read on to learn about why..

Deflationary Farming

Farming tokens have a problem for their owners. To keep users farming, they have to mint more ever more coins. This completely destroys the value of the underlying token, due to excessive inflation. It's easy to find examples of this across the DeFi ecosystem.

Our solution is called deflationary farming, and it is quite simple in only two steps:

1. Charge a fee on token transfers
2. Users can earn the fee by farming

This simple process means that those holding tokens are able to farm without infinite inflation.

Keeping Liquidity Liquid

All transfers have to be approved by the CORE Transfers smart contract, which will block all liquidity withdrawals from Uniswap. This will guarantee a stable market, giving holders and farmers skin in the game.

Real Governance

CORE is designed for great community governance. The communtiy decides everything, from developer fees, to deciding on the fee approver contract, adding new pools, rebalancing, and even disabling pools in the CORE Transfer contract.

If the holders decide COREVault should have a YFI pool, we can set the ratio of fees it will be able to distribute, as well as when people should be able to withdraw YFI tokens from it.

This creates an incentive to hold even more CORE by the holders of YFI tokens. Let the governance begin.

10000 CORE Forever

Theres absolutely no way to create new CORE tokens. This means the circulating supply can only ever go down, period.

Testing

To run the tests run npx buidler test

core-v1's Issues

Core LPs to coreDAO vouchers update

Wallet updates:

• Add a note that LPs have migrated to coreDAO vouchers and link to medium article

• Disable staking for old core LPs - this has resulted in lots of unnecessary failed txns already

• coreDAO should be completely separate from core LPs in both Summary and Farm. Instead of having to add two separate sections, I recommend changing all section titles from current format (i.e. CORE/WETH (LP)) to coreDAO ETH LP or whatever you are calling it now. Then, under each section, where it says Total/Wallet/Staked, add another line that says Unwrapped and display unstaked coreLP balance there (in the future link to wrapping tutorial)
  

• Fix APY under Farm (currently at 0%)

Main website background

• Fix background text with totals on tvl and tvpl until data is updated

Router

• since new LPs cannot automatically be staked and have to be manually wrapped, either update the code so that coreDAO LPs are minted instead of core LPs, OR disable this feature until coreDAO zap is built.

trying to get CORE-v1 to deploy with truffle

trying to get CORE-v1 to deploy with truffle. Compiling works, but trying to deploy to localnet gets me

Compiling your contracts...
===========================
> Everything is up to date, there is nothing to compile.

bash-5.0$ truffle migrate --network=development
Warning: Both truffle-config.js and truffle.js were found. Using truffle-config.js.

Compiling your contracts...
===========================
> Everything is up to date, there is nothing to compile.