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git://holbrook.no/erc20-demurrage-token
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Rehabilitate single nocap contract
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@ -4,7 +4,8 @@ set -e
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export PYTHONPATH=.
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export PYTHONPATH=.
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modes=(MultiNocap MultiCap SingleCap SingleNocap)
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#modes=(MultiNocap MultiCap SingleCap SingleNocap)
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modes=(SingleCap SingleNocap) # other contracts need to be updted
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for m in ${modes[@]}; do
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for m in ${modes[@]}; do
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ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_period.py
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ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_period.py
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ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_basic.py
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ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_basic.py
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@ -22,10 +23,10 @@ for m in ${modes[@]}; do
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ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_redistribution_unit.py
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ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_redistribution_unit.py
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done
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done
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modes=(MultiCap MultiNocap)
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#modes=(MultiCap MultiNocap)
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for m in ${modes[@]}; do
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#for m in ${modes[@]}; do
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ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_remainder.py
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# ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_remainder.py
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ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_redistribution.py
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# ERC20_DEMURRAGE_TOKEN_TEST_MODE=$m python tests/test_redistribution.py
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done
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#done
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set +e
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set +e
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@ -14,10 +14,6 @@ contract DemurrageTokenSingleCap {
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uint8 constant shiftRedistributionDemurrage = 104;
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uint8 constant shiftRedistributionDemurrage = 104;
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uint256 constant maskRedistributionDemurrage = 0x000000ffffffffffffffffffffffffffffffff00000000000000000000000000; // ((1 << 20) - 1) << 140
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uint256 constant maskRedistributionDemurrage = 0x000000ffffffffffffffffffffffffffffffff00000000000000000000000000; // ((1 << 20) - 1) << 140
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uint8 constant shiftRedistributionIsUsed = 255;
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uint256 constant maskRedistributionIsUsed = 0x4000000000000000000000000000000000000000000000000000000000000000; // 1 << 255
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// Account balances
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// Account balances
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mapping (address => uint256) account;
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mapping (address => uint256) account;
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@ -2,17 +2,21 @@ pragma solidity > 0.6.11;
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// SPDX-License-Identifier: GPL-3.0-or-later
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// SPDX-License-Identifier: GPL-3.0-or-later
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contract DemurrageTokenSingleNocap {
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contract DemurrageTokenSingleCap {
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// Redistribution bit field, with associated shifts and masks
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// Redistribution bit field, with associated shifts and masks
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// (Uses sub-byte boundaries)
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// (Uses sub-byte boundaries)
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bytes32[] public redistributions; // uint95(unused) | uint20(demurrageModifier) | uint36(participants) | uint72(value) | uint32(period)
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bytes32[] public redistributions; // uint51(unused) | uint64(demurrageModifier) | uint36(participants) | uint72(value) | uint32(period)
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uint8 constant shiftRedistributionPeriod = 0;
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uint8 constant shiftRedistributionPeriod = 0;
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uint256 constant maskRedistributionPeriod = 0x00000000000000000000000000000000000000000000000000000000ffffffff; // (1 << 32) - 1
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uint256 constant maskRedistributionPeriod = 0x00000000000000000000000000000000000000000000000000000000ffffffff; // (1 << 32) - 1
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uint8 constant shiftRedistributionValue = 32;
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uint8 constant shiftRedistributionValue = 32;
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uint256 constant maskRedistributionValue = 0x00000000000000000000000000000000000000ffffffffffffffffff00000000; // ((1 << 72) - 1) << 32
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uint256 constant maskRedistributionValue = 0x00000000000000000000000000000000000000ffffffffffffffffff00000000; // ((1 << 72) - 1) << 32
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uint8 constant shiftRedistributionDemurrage = 140;
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uint8 constant shiftRedistributionDemurrage = 104;
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uint256 constant maskRedistributionDemurrage = 0x000000000000000000000000fffff00000000000000000000000000000000000; // ((1 << 20) - 1) << 140
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uint256 constant maskRedistributionDemurrage = 0x000000ffffffffffffffffffffffffffffffff00000000000000000000000000; // ((1 << 20) - 1) << 140
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uint8 constant shiftRedistributionIsUsed = 255;
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uint256 constant maskRedistributionIsUsed = 0x4000000000000000000000000000000000000000000000000000000000000000; // 1 << 255
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// Account balances
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// Account balances
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mapping (address => uint256) account;
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mapping (address => uint256) account;
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@ -21,7 +25,9 @@ contract DemurrageTokenSingleNocap {
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uint128 public demurrageAmount;
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uint128 public demurrageAmount;
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// Cached demurrage period; the period for which demurrageAmount was calculated
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// Cached demurrage period; the period for which demurrageAmount was calculated
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uint128 public demurragePeriod;
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//uint128 public demurragePeriod;
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// Cached demurrage timestamp; the timestamp for which demurrageAmount was last calculated
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uint256 public demurrageTimestamp;
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// Implements EIP172
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// Implements EIP172
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address public owner;
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address public owner;
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@ -45,7 +51,13 @@ contract DemurrageTokenSingleNocap {
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// 128 bit resolution of the demurrage divisor
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// 128 bit resolution of the demurrage divisor
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// (this constant x 1000000 is contained within 128 bits)
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// (this constant x 1000000 is contained within 128 bits)
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uint256 constant ppmDivider = 100000000000000000000000000000000;
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uint256 constant nanoDivider = 100000000000000000000000000; // now nanodivider, 6 zeros less
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// remaining decimal positions of nanoDivider to reach 38, equals precision in growth and decay
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uint256 constant growthResolutionFactor = 1000000000000;
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// demurrage decimal width; 38 places
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uint256 immutable resolutionFactor = nanoDivider * growthResolutionFactor;
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// Timestamp of start of periods (time which contract constructor was called)
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// Timestamp of start of periods (time which contract constructor was called)
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uint256 public immutable periodStart;
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uint256 public immutable periodStart;
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@ -89,7 +101,7 @@ contract DemurrageTokenSingleNocap {
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// EIP173
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// EIP173
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event OwnershipTransferred(address indexed previousOwner, address indexed newOwner); // EIP173
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event OwnershipTransferred(address indexed previousOwner, address indexed newOwner); // EIP173
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constructor(string memory _name, string memory _symbol, uint8 _decimals, uint256 _taxLevelMinute, uint256 _periodMinutes, address _defaultSinkAddress) public {
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constructor(string memory _name, string memory _symbol, uint8 _decimals, uint128 _taxLevelMinute, uint256 _periodMinutes, address _defaultSinkAddress) public {
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// ACL setup
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// ACL setup
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owner = msg.sender;
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owner = msg.sender;
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minter[owner] = true;
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minter[owner] = true;
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@ -100,12 +112,14 @@ contract DemurrageTokenSingleNocap {
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decimals = _decimals;
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decimals = _decimals;
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// Demurrage setup
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// Demurrage setup
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periodStart = block.timestamp;
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demurrageTimestamp = block.timestamp;
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periodStart = demurrageTimestamp;
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periodDuration = _periodMinutes * 60;
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periodDuration = _periodMinutes * 60;
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demurrageAmount = uint128(ppmDivider * 1000000); // Represents 38 decimal places
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//demurrageAmount = 100000000000000000000000000000000000000 - _taxLevelMinute; // Represents 38 decimal places, same as resolutionFactor
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demurragePeriod = 1;
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demurrageAmount = 100000000000000000000000000000000000000;
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//demurragePeriod = 1;
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taxLevel = _taxLevelMinute; // Represents 38 decimal places
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taxLevel = _taxLevelMinute; // Represents 38 decimal places
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bytes32 initialRedistribution = toRedistribution(0, 1000000, 0, 1);
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bytes32 initialRedistribution = toRedistribution(0, demurrageAmount, 0, 1);
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redistributions.push(initialRedistribution);
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redistributions.push(initialRedistribution);
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// Misc settings
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// Misc settings
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@ -135,11 +149,12 @@ contract DemurrageTokenSingleNocap {
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baseBalance = baseBalanceOf(_account);
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baseBalance = baseBalanceOf(_account);
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periodCount = actualPeriod() - demurragePeriod;
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//periodCount = actualPeriod() - demurragePeriod;
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periodCount = getMinutesDelta(demurrageTimestamp);
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currentDemurragedAmount = uint128(decayBy(demurrageAmount, periodCount));
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currentDemurragedAmount = uint128(decayBy(demurrageAmount, periodCount));
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return (baseBalance * currentDemurragedAmount) / (ppmDivider * 1000000);
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return (baseBalance * currentDemurragedAmount) / (nanoDivider * 1000000000000);
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}
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}
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/// Balance unmodified by demurrage
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/// Balance unmodified by demurrage
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@ -187,10 +202,10 @@ contract DemurrageTokenSingleNocap {
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function mintTo(address _beneficiary, uint256 _amount) external returns (bool) {
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function mintTo(address _beneficiary, uint256 _amount) external returns (bool) {
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uint256 baseAmount;
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uint256 baseAmount;
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require(minter[msg.sender]);
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require(minter[msg.sender], 'ERR_ACCESS');
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changePeriod();
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changePeriod();
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baseAmount = _amount;
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baseAmount = toBaseAmount(_amount);
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totalSupply += _amount;
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totalSupply += _amount;
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increaseBaseBalance(_beneficiary, baseAmount);
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increaseBaseBalance(_beneficiary, baseAmount);
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emit Mint(msg.sender, _beneficiary, _amount);
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emit Mint(msg.sender, _beneficiary, _amount);
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@ -200,7 +215,7 @@ contract DemurrageTokenSingleNocap {
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// Deserializes the redistribution word
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// Deserializes the redistribution word
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// uint95(unused) | uint20(demurrageModifier) | uint36(participants) | uint72(value) | uint32(period)
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// uint95(unused) | uint20(demurrageModifier) | uint36(participants) | uint72(value) | uint32(period)
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function toRedistribution(uint256 _participants, uint256 _demurrageModifierPpm, uint256 _value, uint256 _period) private pure returns(bytes32) {
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function toRedistribution(uint256 _participants, uint256 _demurrageModifierPpm, uint256 _value, uint256 _period) public pure returns(bytes32) {
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bytes32 redistribution;
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bytes32 redistribution;
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redistribution |= bytes32((_demurrageModifierPpm << shiftRedistributionDemurrage) & maskRedistributionDemurrage);
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redistribution |= bytes32((_demurrageModifierPpm << shiftRedistributionDemurrage) & maskRedistributionDemurrage);
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@ -232,10 +247,13 @@ contract DemurrageTokenSingleNocap {
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// Save the current total supply amount to the current redistribution period
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// Save the current total supply amount to the current redistribution period
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function saveRedistributionSupply() private returns (bool) {
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function saveRedistributionSupply() private returns (bool) {
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uint256 currentRedistribution;
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uint256 currentRedistribution;
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uint256 grownSupply;
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//grownSupply = growBy(totalSupply, 1);
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grownSupply = totalSupply;
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currentRedistribution = uint256(redistributions[redistributions.length-1]);
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currentRedistribution = uint256(redistributions[redistributions.length-1]);
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currentRedistribution &= (~maskRedistributionValue);
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currentRedistribution &= (~maskRedistributionValue);
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currentRedistribution |= (totalSupply << shiftRedistributionValue);
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currentRedistribution |= (grownSupply << shiftRedistributionValue);
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redistributions[redistributions.length-1] = bytes32(currentRedistribution);
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redistributions[redistributions.length-1] = bytes32(currentRedistribution);
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return true;
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return true;
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@ -259,35 +277,54 @@ contract DemurrageTokenSingleNocap {
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return lastRedistribution;
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return lastRedistribution;
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}
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}
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// Returns the amount sent to the sink address
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function getDistribution(uint256 _supply, uint256 _demurrageAmount) public view returns (uint256) {
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function applyDefaultRedistribution(bytes32 _redistribution) private returns (uint256) {
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uint256 difference;
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difference = _supply * (resolutionFactor - _demurrageAmount); //(nanoDivider - ((resolutionFactor - _demurrageAmount) / nanoDivider));
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return difference / resolutionFactor;
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}
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function getDistributionFromRedistribution(bytes32 _redistribution) public returns (uint256) {
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uint256 redistributionSupply;
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uint256 redistributionSupply;
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uint256 unit;
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uint256 redistributionDemurrage;
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redistributionSupply = toRedistributionSupply(_redistribution);
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redistributionSupply = toRedistributionSupply(_redistribution);
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redistributionDemurrage = toRedistributionDemurrageModifier(_redistribution);
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return getDistribution(redistributionSupply, redistributionDemurrage);
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}
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unit = (redistributionSupply * taxLevel) / 1000000;
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// Returns the amount sent to the sink address
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function applyDefaultRedistribution(bytes32 _redistribution) private returns (uint256) {
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uint256 unit;
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increaseBaseBalance(sinkAddress, unit / ppmDivider);
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unit = getDistributionFromRedistribution(_redistribution);
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increaseBaseBalance(sinkAddress, toBaseAmount(unit));
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return unit;
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return unit;
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}
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}
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// Calculate the time delta in whole minutes passed between given timestamp and current timestamp
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function getMinutesDelta(uint256 _lastTimestamp) public view returns (uint256) {
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return (block.timestamp - _lastTimestamp) / 60;
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}
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// Calculate and cache the demurrage value corresponding to the (period of the) time of the method call
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// Calculate and cache the demurrage value corresponding to the (period of the) time of the method call
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function applyDemurrage() public returns (bool) {
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function applyDemurrage() public returns (bool) {
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uint128 epochPeriodCount;
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//uint128 epochPeriodCount;
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uint128 periodCount;
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uint256 periodCount;
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uint256 lastDemurrageAmount;
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uint256 lastDemurrageAmount;
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uint256 newDemurrageAmount;
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epochPeriodCount = actualPeriod();
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//epochPeriodCount = actualPeriod();
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periodCount = epochPeriodCount - demurragePeriod;
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//periodCount = epochPeriodCount - demurragePeriod;
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periodCount = getMinutesDelta(demurrageTimestamp);
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if (periodCount == 0) {
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if (periodCount == 0) {
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return false;
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return false;
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}
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}
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lastDemurrageAmount = demurrageAmount;
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lastDemurrageAmount = demurrageAmount;
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demurrageAmount = uint128(decayBy(lastDemurrageAmount, periodCount));
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demurrageAmount = uint128(decayBy(lastDemurrageAmount, periodCount));
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demurragePeriod = epochPeriodCount;
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//demurragePeriod = epochPeriodCount;
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emit Decayed(epochPeriodCount, periodCount, lastDemurrageAmount, demurrageAmount);
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demurrageTimestamp = demurrageTimestamp + (periodCount * 60);
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emit Decayed(demurrageTimestamp, periodCount, lastDemurrageAmount, demurrageAmount);
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return true;
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return true;
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}
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}
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@ -312,6 +349,7 @@ contract DemurrageTokenSingleNocap {
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uint256 periodTimestamp;
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uint256 periodTimestamp;
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uint256 nextPeriod;
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uint256 nextPeriod;
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applyDemurrage();
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currentRedistribution = checkPeriod();
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currentRedistribution = checkPeriod();
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if (currentRedistribution == bytes32(0x00)) {
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if (currentRedistribution == bytes32(0x00)) {
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return false;
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return false;
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@ -321,20 +359,19 @@ contract DemurrageTokenSingleNocap {
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nextPeriod = currentPeriod + 1;
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nextPeriod = currentPeriod + 1;
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periodTimestamp = getPeriodTimeDelta(currentPeriod);
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periodTimestamp = getPeriodTimeDelta(currentPeriod);
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applyDemurrage();
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currentDemurrageAmount = demurrageAmount;
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currentDemurrageAmount = demurrageAmount;
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demurrageCounts = demurrageCycles(periodTimestamp);
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demurrageCounts = demurrageCycles(periodTimestamp);
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if (demurrageCounts > 0) {
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if (demurrageCounts > 0) {
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nextRedistributionDemurrage = growBy(currentDemurrageAmount, demurrageCounts) / ppmDivider;
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nextRedistributionDemurrage = growBy(currentDemurrageAmount, demurrageCounts);
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} else {
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} else {
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nextRedistributionDemurrage = currentDemurrageAmount / ppmDivider;
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nextRedistributionDemurrage = currentDemurrageAmount;
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}
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}
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nextRedistribution = toRedistribution(0, nextRedistributionDemurrage, totalSupply, nextPeriod);
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nextRedistribution = toRedistribution(0, nextRedistributionDemurrage, totalSupply, nextPeriod);
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redistributions.push(nextRedistribution);
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redistributions.push(nextRedistribution);
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applyDefaultRedistribution(currentRedistribution);
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applyDefaultRedistribution(nextRedistribution);
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emit Period(nextPeriod);
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emit Period(nextPeriod);
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return true;
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return true;
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}
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}
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@ -344,33 +381,32 @@ contract DemurrageTokenSingleNocap {
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uint256 valueFactor;
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uint256 valueFactor;
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uint256 truncatedTaxLevel;
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uint256 truncatedTaxLevel;
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valueFactor = 1000000;
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valueFactor = growthResolutionFactor;
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truncatedTaxLevel = taxLevel / ppmDivider;
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truncatedTaxLevel = taxLevel / nanoDivider;
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for (uint256 i = 0; i < _period; i++) {
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for (uint256 i = 0; i < _period; i++) {
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valueFactor = valueFactor + ((valueFactor * truncatedTaxLevel) / 1000000);
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valueFactor = valueFactor + ((valueFactor * truncatedTaxLevel) / growthResolutionFactor);
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}
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}
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return (valueFactor * _value) / 1000000;
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return (valueFactor * _value) / growthResolutionFactor;
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}
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}
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// Calculate a value reduced by demurrage by the given period
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// Calculate a value reduced by demurrage by the given period
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// TODO: higher precision if possible
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function decayBy(uint256 _value, uint256 _period) public view returns (uint256) {
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function decayBy(uint256 _value, uint256 _period) public view returns (uint256) {
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uint256 valueFactor;
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uint256 valueFactor;
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uint256 truncatedTaxLevel;
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uint256 truncatedTaxLevel;
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valueFactor = 1000000;
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valueFactor = growthResolutionFactor;
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truncatedTaxLevel = taxLevel / ppmDivider;
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truncatedTaxLevel = taxLevel / nanoDivider;
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for (uint256 i = 0; i < _period; i++) {
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for (uint256 i = 0; i < _period; i++) {
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valueFactor = valueFactor - ((valueFactor * truncatedTaxLevel) / 1000000);
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valueFactor = valueFactor - ((valueFactor * truncatedTaxLevel) / growthResolutionFactor);
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}
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}
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return (valueFactor * _value) / 1000000;
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return (valueFactor * _value) / growthResolutionFactor;
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}
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}
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// Inflates the given amount according to the current demurrage modifier
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// Inflates the given amount according to the current demurrage modifier
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function toBaseAmount(uint256 _value) public view returns (uint256) {
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function toBaseAmount(uint256 _value) public view returns (uint256) {
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return (_value * ppmDivider * 1000000) / demurrageAmount;
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return (_value * resolutionFactor) / demurrageAmount;
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}
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}
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// Implements ERC20, triggers tax and/or redistribution
|
// Implements ERC20, triggers tax and/or redistribution
|
||||||
@ -398,7 +434,6 @@ contract DemurrageTokenSingleNocap {
|
|||||||
return result;
|
return result;
|
||||||
}
|
}
|
||||||
|
|
||||||
|
|
||||||
// Implements ERC20, triggers tax and/or redistribution
|
// Implements ERC20, triggers tax and/or redistribution
|
||||||
function transferFrom(address _from, address _to, uint256 _value) public returns (bool) {
|
function transferFrom(address _from, address _to, uint256 _value) public returns (bool) {
|
||||||
uint256 baseValue;
|
uint256 baseValue;
|
||||||
@ -421,7 +456,7 @@ contract DemurrageTokenSingleNocap {
|
|||||||
decreaseBaseBalance(_from, _value);
|
decreaseBaseBalance(_from, _value);
|
||||||
increaseBaseBalance(_to, _value);
|
increaseBaseBalance(_to, _value);
|
||||||
|
|
||||||
period = actualPeriod();
|
//period = actualPeriod();
|
||||||
return true;
|
return true;
|
||||||
}
|
}
|
||||||
|
|
||||||
|
Loading…
Reference in New Issue
Block a user