IRAuction

Git Source

Inherits: InfraredUpgradeable

Title: IRAuction

Auctions portion of iBGT vault rewards to IR, then compounds in sIR

Similar to BribeCollector pattern but for sIR reward auto-compounding

Auction mechanism: Pay IR tokens to claim non-IR reward tokens

State Variables

IR_TOKEN

IR token that must be paid to claim auction rewards

ERC20 internal IR_TOKEN

SIR_VAULT

sIR vault that receives compounded IR

IStakedIR internal SIR_VAULT

payoutAmount

Amount of IR required per auction claim

uint256 public payoutAmount

__gap

uint256[40] private __gap

Functions

initialize

function initialize(
    address _infrared,
    address _gov,
    address _keeper,
    address _irToken,
    address _sirVault,
    uint256 _payoutAmount
) external initializer;

claimFees

Claim auction rewards by paying IR

Converts paid IR to sIR shares via compounding (increases share value)

function claimFees(
    address _recipient,
    address[] calldata rewardTokens,
    uint256[] calldata amounts
) external virtual onlyKeeper;

Parameters

sweepPayoutToken

function sweepPayoutToken() external;

setPayoutAmount

Update payout amount (governance function)

function setPayoutAmount(uint256 _newAmount) external virtual onlyGovernor;

Parameters

recoverERC20

Recover stuck tokens (governance function)

Emergency function to recover tokens sent to contract by mistake

function recoverERC20(address token, address to, uint256 amount)
    external
    virtual
    onlyGovernor;

Parameters

getTokenBalance

Get balance of a specific token held by this contract

function getTokenBalance(address token)
    external
    view
    virtual
    returns (uint256);

Parameters

Returns

payoutToken

Get payout token address

function payoutToken() external view virtual returns (address);

Returns

Events

AuctionClaimed

event AuctionClaimed(
    address indexed claimer,
    address indexed rewardToken,
    uint256 rewardAmount,
    uint256 irPaid
);

PayoutAmountSet

event PayoutAmountSet(uint256 oldAmount, uint256 newAmount);

TokensRecovered

event TokensRecovered(
    address indexed token, address indexed to, uint256 amount
);