OriginProtocol / OriginProtocol/origin-dollar
Base Chain WOETH strategy (via swaps)
Nobody has claimed this yet.
- Dominant language
- Solidity
- Stars
- 152
- Forks
- 115
- Avg merge
- 3d 20h
- Merged PRs (30d)
- 17
Description
Objective
We want to allow the OETH Vault on Base to deposit ETH to OETH on mainnet and earn yield from it. This strategy just sits on a pile of bridged from mainnet wOETH. The value of this wOETH goes up as the exchange rate of bridged wOETH goes up.
To move WOETH into and out of this strategy, the strategist can swap WOETH for WETH, or WETH for OETH, at the current WOETH exchange rate.
Quick Summary
Deposits: Accepts WETH from Vault
Withdraws: WETH to Vault
Reward Tokens: None
Supported Assets: WETH
Check Balance: Returns value in WETH. WETH held + WOETH held * exchange rate
Default Strategy: No
Contributor guide
No contributing guide indexed for this repository
First steps
- Read the whole issue, then the project's contributing guide.
- Comment on the issue to say you are picking it up — it saves two people doing the same work.
- Fork the repository and make your change on a branch.
- Open a pull request that references the issue number.
Research direction
Start by locating the OETH Vault and existing Base strategy entry points, then inspect how WETH/WOETH swaps and exchange rates are represented. Done means the strategy accepts and withdraws WETH, values held WETH plus WOETH at the current exchange rate, and supports the described strategist swaps.
Written by the indexing model from the issue text.
Assessment
- Tech stack
- solidity
- Domain
- blockchain
- Issue type
- Feature
- Difficulty
- 4/5
- Estimated time
- 3-5 days
- Activity status
- Stale
- Clarity
- Mostly clear
- Newbie friendliness
- 35/100