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Implement Core Functionalities of Liquidity Staking in Ralph #27

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polarker opened this issue Nov 13, 2024 · 1 comment
Open

Implement Core Functionalities of Liquidity Staking in Ralph #27

polarker opened this issue Nov 13, 2024 · 1 comment

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@polarker
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Objective
Develop the core functionalities for a liquidity staking protocol in Ralph to allow users to stake assets in a pool, earn rewards, and support network liquidity. This protocol should offer secure and efficient staking while providing incentives for participants.

References
Code in Solidity: https://github.com/Uniswap/liquidity-staker/tree/master/contracts
Ayin staking in Ralph: https://github.com/0dd431c8/ayin-swap/blob/main/contracts/ayin/staking.ral

Scope of Work
Implement the following key components for a liquidity staking system:

  1. Stake and Unstake Mechanisms

    • Develop a staking function for users to deposit assets into the liquidity pool.
    • Enable users to unstake assets and withdraw their balance, accounting for any penalties or conditions if unstaking occurs before a designated time.
  2. Reward Calculation and Distribution

    • Implement a reward system that calculates and distributes rewards based on staked amounts and staking duration.
    • Consider using compounding rewards to enhance returns for long-term stakers.
    • Ensure rewards are distributed in a fair and timely manner, factoring in variations in pool performance.
  3. Governance Integration

    • Enable governance over staking parameters, allowing for community input on reward rates, slashing penalties, and minimum staking periods.
    • Ensure governance proposals can adjust staking parameters securely without impacting ongoing staking activities.
  4. Stake Tracking and Reporting

    • Develop a mechanism to track individual user stakes, rewards, and overall pool performance.
    • Provide a transparent reporting system for users to check their staked amount, accrued rewards, and any applicable penalties in real-time.

Requirements

  • Code should be modular, efficient, and compatible with Ralph’s architecture to allow for future enhancements.
  • Create a comprehensive test suite with unit tests, edge cases, and integration tests for all functionalities.
  • Make sure parameters such as reward rates, slashing rates, and staking periods are adjustable to adapt to changing governance or economic needs.
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