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feat: new capo for sUSDe
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@Rozengarden
Rozengarden committed Feb 12, 2025
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44 changes: 10 additions & 34 deletions reports/sUSDe_Ethereum.md
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# Capo Report

| Capped sUSDe / USDe / USD | USDe / USD | Diff | Date | 14-day growth in yearly % |
| ------------------------- | ---------- | ----- | ----------- | ------------------------- |
| 1.06740177 | 1.00071299 | 6.45% | 24 May 2024 | 16.51% |
| 1.06849836 | 1.0012 | 6.50% | 25 May 2024 | 16.95% |
| 1.06910159 | 1.00123811 | 6.56% | 26 May 2024 | 17.37% |
| 1.06870457 | 1.00035492 | 6.61% | 27 May 2024 | 17.77% |
| 1.06913533 | 1.00027573 | 6.65% | 28 May 2024 | 18.11% |
| 1.07019291 | 1.00079999 | 6.70% | 29 May 2024 | 18.41% |
| 1.0711417 | 1.0012 | 6.75% | 30 May 2024 | 18.80% |
| 1.07086374 | 1.00026953 | 6.82% | 31 May 2024 | 18.73% |
| 1.07236343 | 1.00101011 | 6.88% | 02 Jun 2024 | 18.90% |
| 1.07443411 | 1.00229077 | 6.95% | 03 Jun 2024 | 19.16% |
| 1.07405507 | 1.0013 | 7.01% | 04 Jun 2024 | 19.41% |
| 1.07459565 | 1.00118766 | 7.07% | 05 Jun 2024 | 19.75% |
| 1.07560529 | 1.00152598 | 7.13% | 06 Jun 2024 | 20.15% |
| 1.07588396 | 1.0012 | 7.19% | 07 Jun 2024 | 20.58% |
| 1.07662251 | 1.0013 | 7.25% | 08 Jun 2024 | 20.57% |
| 1.07710193 | 1.00116583 | 7.31% | 09 Jun 2024 | 20.67% |
| 1.07774761 | 1.0012 | 7.36% | 10 Jun 2024 | 20.77% |
| 1.07737127 | 1.0003 | 7.42% | 11 Jun 2024 | 20.87% |
| 1.07886983 | 1.00114966 | 7.47% | 12 Jun 2024 | 21.02% |
| 1.07923393 | 1.00095561 | 7.53% | 13 Jun 2024 | 21.20% |
| 1.07983889 | 1.00103499 | 7.57% | 14 Jun 2024 | 21.18% |
| 1.08002659 | 1.0008 | 7.61% | 15 Jun 2024 | 20.51% |
| 1.08025288 | 1.00060214 | 7.66% | 16 Jun 2024 | 19.85% |
| 1.0804717 | 1.0004 | 7.70% | 17 Jun 2024 | 19.22% |
| 1.08177218 | 1.0012 | 7.74% | 18 Jun 2024 | 18.62% |
| 1.0818935 | 1.00090962 | 7.78% | 19 Jun 2024 | 18.06% |
| 1.0821223 | 1.00072229 | 7.82% | 20 Jun 2024 | 17.54% |
| Capped sUSDe / USDT / USD | Capped USDT/USD | Diff | Date | 14-day growth in yearly % |
| --- | --- | --- | --- | --- |

- 14-day growth is calculated as an annualized percentage relative to the value of the rate 14 days prior.

| Max Yearly % | Max Day-to-day yearly % | Max 14-day yearly % |
| ------------ | ----------------------- | ------------------- |
| 50.00% | 24.99% | 21.20% |
* 14-day growth is calculated as an annualized percentage relative to the value of the rate 14 days prior.

- Max day-to-day yearly % indicates the maximum growth between two emissions as an annualized percentage.

| Max Yearly % | Max Day-to-day yearly % | Max 14-day yearly % |
| --- | --- | --- |
| 50.00% | 9.99% | 0.00% |


* Max day-to-day yearly % indicates the maximum growth between two emissions as an annualized percentage.
61 changes: 32 additions & 29 deletions reports/sUSDe_ZkSync.md
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# Capo Report

| Capped sUSDe / USDe / USD | USDe / USD | Diff | Date | 14-day growth in yearly % |
| ------------------------- | ---------- | ------ | ----------- | ------------------------- |
| 1.13915887 | 1.00138517 | 12.87% | 17 Dec 2024 | 20.18% |
| 1.1392623 | 1.00090979 | 12.93% | 18 Dec 2024 | 20.25% |
| 1.13971794 | 1.00074615 | 12.99% | 19 Dec 2024 | 20.32% |
| 1.13824518 | 0.99903811 | 13.03% | 20 Dec 2024 | 19.91% |
| 1.13952316 | 0.99984088 | 13.06% | 21 Dec 2024 | 19.21% |
| 1.13948181 | 0.99948517 | 13.09% | 22 Dec 2024 | 18.59% |
| 1.13926999 | 0.99897902 | 13.12% | 23 Dec 2024 | 18.02% |
| 1.14016954 | 0.99944642 | 13.15% | 25 Dec 2024 | 17.39% |
| 1.14034987 | 0.99928359 | 13.19% | 26 Dec 2024 | 16.75% |
| 1.14015408 | 0.99878992 | 13.22% | 27 Dec 2024 | 16.10% |
| 1.14011168 | 0.99846533 | 13.25% | 28 Dec 2024 | 15.33% |
| 1.14030142 | 0.99836233 | 13.27% | 29 Dec 2024 | 14.47% |
| 1.14020669 | 0.99773917 | 13.33% | 30 Dec 2024 | 14.37% |
| 1.13906244 | 0.99646683 | 13.35% | 31 Dec 2024 | 13.57% |
| 1.14060928 | 0.99754753 | 13.38% | 01 Jan 2025 | 12.70% |
| 1.14195688 | 0.99845291 | 13.41% | 02 Jan 2025 | 11.90% |
| 1.14177223 | 0.99803087 | 13.44% | 03 Jan 2025 | 11.06% |
| 1.14271005 | 0.99859855 | 13.46% | 04 Jan 2025 | 10.56% |
| 1.14370646 | 0.99921679 | 13.49% | 05 Jan 2025 | 10.40% |
| 1.14393329 | 0.99916297 | 13.51% | 06 Jan 2025 | 10.28% |
| 1.1436677 | 0.99867932 | 13.54% | 07 Jan 2025 | 10.15% |
| 1.14478206 | 0.99939999 | 13.56% | 08 Jan 2025 | 10.04% |
| Capped sUSDe / USDT / USD | Capped USDT/USD | Diff | Date | 14-day growth in yearly % |
| --- | --- | --- | --- | --- |
| 1.14760099 | 0.99869 | 13.88% | 20 Jan 2025 | 9.50% |
| 1.14826053 | 0.99905 | 13.90% | 21 Jan 2025 | 9.39% |
| 1.14950317 | 0.99991679 | 13.92% | 22 Jan 2025 | 9.24% |
| 1.14982625 | 0.99998396 | 13.94% | 23 Jan 2025 | 9.09% |
| 1.15024406 | 1.00009186 | 13.97% | 24 Jan 2025 | 8.99% |
| 1.15036601 | 0.99987 | 14.00% | 25 Jan 2025 | 9.07% |
| 1.15079717 | 0.99991735 | 14.03% | 26 Jan 2025 | 9.17% |
| 1.15138828 | 1.00010315 | 14.06% | 27 Jan 2025 | 9.31% |
| 1.15149104 | 0.99986373 | 14.10% | 29 Jan 2025 | 9.38% |
| 1.15156217 | 0.99960015 | 14.13% | 30 Jan 2025 | 9.39% |
| 1.15227843 | 0.9999 | 14.16% | 31 Jan 2025 | 9.35% |
| 1.15303821 | 1.00000496 | 14.22% | 01 Feb 2025 | 9.94% |
| 1.15308472 | 0.99978 | 14.24% | 02 Feb 2025 | 10.02% |
| 1.15467117 | 1.00088961 | 14.27% | 03 Feb 2025 | 10.15% |
| 1.15488418 | 1.00080525 | 14.30% | 04 Feb 2025 | 10.25% |
| 1.15470542 | 1.00038 | 14.32% | 05 Feb 2025 | 10.33% |
| 1.15489527 | 1.00027126 | 14.35% | 06 Feb 2025 | 10.41% |
| 1.15548011 | 1.00056992 | 14.37% | 08 Feb 2025 | 10.34% |
| 1.15488946 | 0.9999 | 14.39% | 09 Feb 2025 | 9.96% |
| 1.15558244 | 1.000178 | 14.42% | 10 Feb 2025 | 9.85% |
| 1.15566133 | 1.000084 | 14.43% | 11 Feb 2025 | 9.41% |
| 1.15572619 | 0.99998 | 14.45% | 12 Feb 2025 | 8.90% |

- 14-day growth is calculated as an annualized percentage relative to the value of the rate 14 days prior.

| Max Yearly % | Max Day-to-day yearly % | Max 14-day yearly % |
| ------------ | ----------------------- | ------------------- |
| 50.00% | 21.10% | 20.32% |
* 14-day growth is calculated as an annualized percentage relative to the value of the rate 14 days prior.

- Max day-to-day yearly % indicates the maximum growth between two emissions as an annualized percentage.

| Max Yearly % | Max Day-to-day yearly % | Max 14-day yearly % |
| --- | --- | --- |
| 50.00% | 17.24% | 10.41% |


* Max day-to-day yearly % indicates the maximum growth between two emissions as an annualized percentage.
27 changes: 27 additions & 0 deletions scripts/DeployEthereum.s.sol
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Expand Up @@ -227,6 +227,27 @@ library CapAdaptersCodeEthereum {
)
);
}

function newSUSDeAdapterCode() internal pure returns (bytes memory) {
return
abi.encodePacked(
type(SUSDePriceCapAdapter).creationCode,
abi.encode(
IPriceCapAdapter.CapAdapterParams({
aclManager: AaveV3Ethereum.ACL_MANAGER,
baseAggregatorAddress: AaveV3EthereumAssets.USDT_ORACLE,
ratioProviderAddress: sUSDe,
pairDescription: 'Capped sUSDe / USDT / USD',
minimumSnapshotDelay: 14 days,
priceCapParams: IPriceCapAdapter.PriceCapUpdateParams({
snapshotRatio: 1150485992969698694,
snapshotTimestamp: 1737789743,
maxYearlyRatioGrowthPercent: 50_00
})
})
)
);
}
}

contract DeployWeEthEthereum is EthereumScript {
Expand Down Expand Up @@ -288,3 +309,9 @@ contract DeployRsEthEthereum is EthereumScript {
GovV3Helpers.deployDeterministic(CapAdaptersCodeEthereum.rsETHAdapterCode());
}
}

contract DeployNewSUSDeEthereum is EthereumScript {
function run() external broadcast {
GovV3Helpers.deployDeterministic(CapAdaptersCodeEthereum.newSUSDeAdapterCode());
}
}
26 changes: 26 additions & 0 deletions scripts/DeployZkSync.s.sol
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Expand Up @@ -59,6 +59,24 @@ library CapAdaptersCodeZkSync {
})
);
}

function newSUSDeAdapterParams() internal pure returns (bytes memory) {
return
abi.encode(
IPriceCapAdapter.CapAdapterParams({
aclManager: AaveV3ZkSync.ACL_MANAGER,
baseAggregatorAddress: AaveV3ZkSyncAssets.USDT_ORACLE,
ratioProviderAddress: sUSDe_USDe_AGGREGATOR,
pairDescription: 'Capped sUSDe / USDT / USD',
minimumSnapshotDelay: 14 days,
priceCapParams: IPriceCapAdapter.PriceCapUpdateParams({
snapshotRatio: 1150485992969698694,
snapshotTimestamp: 1737789743,
maxYearlyRatioGrowthPercent: 50_00
})
})
);
}
}

contract DeployWeEthZkSync is ZkSyncScript {
Expand All @@ -77,6 +95,14 @@ contract DeploySUSDeZkSync is ZkSyncScript {
}
}

contract DeployNewSUSDeZkSync is ZkSyncScript {
function run() external broadcast {
new CLRatePriceCapAdapter(
abi.decode(CapAdaptersCodeZkSync.newSUSDeAdapterParams(), (IPriceCapAdapter.CapAdapterParams))
);
}
}

contract DeployUSDeZkSync is ZkSyncScript {
function run() external broadcast {
new PriceCapAdapterStable(
Expand Down
27 changes: 27 additions & 0 deletions tests/ethereum/newSUSDePriceCapAdapterTest.t.sol
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// SPDX-License-Identifier: BUSL-1.1
pragma solidity ^0.8.0;

import '../BaseTest.sol';

import {AaveV3Ethereum, AaveV3EthereumAssets} from 'aave-address-book/AaveV3Ethereum.sol';

import {SUSDePriceCapAdapter} from '../../src/contracts/lst-adapters/SUSDePriceCapAdapter.sol';
import {CapAdaptersCodeEthereum} from '../../scripts/DeployEthereum.s.sol';

// was tested with USDe / USD feed for a longer period
contract sUSDePriceCapAdapterTest is BaseTest {
constructor()
BaseTest(
CapAdaptersCodeEthereum.newSUSDeAdapterCode(),
8,
ForkParams({network: 'mainnet', blockNumber: 21833121}),
'sUSDe_Ethereum'
)
{}

function _createAdapter(
IPriceCapAdapter.CapAdapterParams memory capAdapterParams
) internal override returns (IPriceCapAdapter) {
return new SUSDePriceCapAdapter(capAdapterParams);
}
}
2 changes: 1 addition & 1 deletion tests/utils/GetExchangeRatesTest.t.sol
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Expand Up @@ -42,7 +42,7 @@ import {CapAdaptersCodeLinea} from '../../scripts/DeployLinea.s.sol';

contract ExchangeRatesEth is Test {
function setUp() public {
vm.createSelectFork(vm.rpcUrl('mainnet'), 21010101); // Oct-20-2024
vm.createSelectFork(vm.rpcUrl('mainnet'), 21700000); // Jan-25-2025
}

function test_getExchangeRate() public view {
Expand Down
24 changes: 24 additions & 0 deletions tests/zksync/newSUSDePriceCapAdapterZkSyncTest.t.sol
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@@ -0,0 +1,24 @@
// SPDX-License-Identifier: BUSL-1.1
pragma solidity ^0.8.0;

import '../BaseTest.sol';

import {CLRatePriceCapAdapter} from '../../src/contracts/CLRatePriceCapAdapter.sol';
import {CapAdaptersCodeZkSync} from '../../scripts/DeployZkSync.s.sol';

contract sUSDePriceCapAdapterZkSyncTest is BaseTest {
constructor()
BaseTest(
CapAdaptersCodeZkSync.newSUSDeAdapterParams(),
35,
ForkParams({network: 'zksync', blockNumber: 55822451}),
'sUSDe_ZkSync'
)
{}

function _createAdapter(
IPriceCapAdapter.CapAdapterParams memory capAdapterParams
) internal override returns (IPriceCapAdapter) {
return new CLRatePriceCapAdapter{salt: 'test'}(capAdapterParams);
}
}

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