Skip to content

Commit

Permalink
Burn around 10k OETH from the Curve pool (#2048)
Browse files Browse the repository at this point in the history
  • Loading branch information
naddison36 authored May 6, 2024
1 parent a3f242c commit 553e168
Showing 1 changed file with 43 additions and 0 deletions.
43 changes: 43 additions & 0 deletions brownie/runlogs/2024_05_strategist.py
Original file line number Diff line number Diff line change
@@ -0,0 +1,43 @@

# -------------------------------------
# May 6, 2024 - OETH Reallocation
# -------------------------------------
from world import *

def main():
with TemporaryForkForReallocations() as txs:
# Before
txs.append(vault_oeth_core.rebase(std))
txs.append(oeth_vault_value_checker.takeSnapshot(std))


eth_out_before = oeth_metapool.get_dy(1, 0, 100 * 10**18)
balances_before = oeth_metapool.get_balances()

# remove the 10k OETH to increase the price of OETH in the OETH/ETH Curve pool
metapool_virtual_price = 1001445329258618599
lp_amount = 10_050 * 10**18 * 10**18 / metapool_virtual_price
txs.append(
oeth_meta_strat.removeAndBurnOTokens(
lp_amount,
std
)
)

eth_out_after = oeth_metapool.get_dy(1, 0, 100 * 10**18)
balances_after = oeth_metapool.get_balances()

# After
vault_change = vault_oeth_core.totalValue() - oeth_vault_value_checker.snapshots(STRATEGIST)[0]
supply_change = oeth.totalSupply() - oeth_vault_value_checker.snapshots(STRATEGIST)[1]
profit = vault_change - supply_change
txs.append(oeth_vault_value_checker.checkDelta(profit, (1 * 10**18), vault_change, (1 * 10**18), std))
print("-----")
print("Profit", "{:.6f}".format(profit / 10**18), profit)
print("OETH supply change", "{:.6f}".format(supply_change / 10**18), supply_change)
print("Vault Change", "{:.6f}".format(vault_change / 10**18), vault_change)
print("-----")
print("Burn LP amount", "{:.6f}".format(lp_amount / 10**18), lp_amount)
print("Sell 100 OETH Curve prices before and after", "{:.6f}".format(eth_out_before / 10**18), "{:.6f}".format(eth_out_after / 10**18))
print("Curve ETH and OETH balances before", "{:.6f}".format(balances_before[0] / 10**18), "{:.6f}".format(balances_before[1] / 10**18))
print("Curve ETH and OETH balances after", "{:.6f}".format(balances_after[0] / 10**18), "{:.6f}".format(balances_after[1] / 10**18))

0 comments on commit 553e168

Please sign in to comment.