Fee Vaults

Are components where the protocol fees are collected from the FLOOP and (future) CAVIAR product ecosystems

We have a dedicated page to taking advantage of fees:

https://www.caviarnine.com/fee-vaults

Component Addresses

The FLOOP Ecosystem has 2 component vaults:

component_rdx1cqvfnpl0ld49rhwyhu4v3r05962yeplmasggtzlu9r2dmh7amx6vpn
component_rdx1crmhkatyjrw0070nsusdm4adwr5s3eaysmevxlvaxx6fspxkwdhlua

The CAVIAR Ecosystem has no fee vaults set up yet as no products have been launched.

<coming soon>

Useful Component Arbitrage Methods

There are three methods anyone can call to get some useful information about arbitrage opportunities:

get_swap_vault_amount

This method returns the amount of TOKENS of a specific RESOURCE_ADDRESS that are available when swapped for FLOOP. This amount increases over time as protocol fees are collected from the Aggregator, LSU Pool, Shape Liquidity and the Order Book. manifest:

CALL_METHOD 
    Address("{COMPONENT_ADDRESS_FEE_VAULTS}") 
    "get_swap_vault_amount"
    Address("{RESOURCE_ADDRESS}");

get_swap_price

This method tells you how much FLOOP you need to send for a given RESOURCE_ADDRESS to receive the amount of TOKENS from the RESOURCE_ADDRESS vault, (returned from the get_swap_vault_amount above). This amount of FLOOP decreases over time, encouraging users to empty the fee vaults. manifest:

CALL_METHOD
    Address("{COMPONENT_ADDRESS_FEE_VAULT}") 
    "get_swap_price"
    Address("{RESOURCE_ADDRESS}");

swap

Finally if you want to send the amount of FLOOP (calculated from get_swap_price) for the amount of TOKENS (calculated from get_swap_price) for RESOURCE_ADDRESS then you want to do a swap! manifest:

CALL_METHOD 
    Address("{YOUR_ACCOUNT_ADDRESS}") 
    "withdraw" 
    Address("resource_rdx1t5pyvlaas0ljxy0wytm5gvyamyv896m69njqdmm2stukr3xexc2up9")
    Decimal("{AMOUNT_OF_FLOOP}");
        
TAKE_FROM_WORKTOP
    Address("resource_rdx1t5pyvlaas0ljxy0wytm5gvyamyv896m69njqdmm2stukr3xexc2up9") 
    Decimal("{AMOUNT_OF_FLOOP}")
    Bucket("my_bucket_of_floop");

CALL_METHOD
    Address("{COMPONENT_ADDRESS_FEE_VAULT}")
    "swap"
    Bucket("my_bucket_of_floop")
    Address("{RESOURCE_ADDRESS}");
        
CALL_METHOD 
    Address("{YOUR_ACCOUNT_ADDRESS}")
    "deposit_batch" 
    Expression("ENTIRE_WORKTOP");

Handy Api Endpoint

To make things a little simpler, we've added an API endpoint where you can see all the resource vaults, their values and the redemptions amounts (FLOOP or CAVIAR) here:

https://api-core.caviarnine.com/v1.0/fee_vaults

Currently this endpoint is in real time (and we'd like to leave it like that) but if it get's abused we'll cache it every X minutes which would be a shame.