Merge pull request #2182 from Avantis-Labs/master

Update Avantis Vault Calcs

Author: slasher125

src/adaptors/avantis/helpers.js

@@ -1,173 +1,42 @@
 const utils = require('../utils');
 const sdk = require('@defillama/sdk');
-const { request, gql } = require('graphql-request');
-const { chunkArray, calculateTrancheTotal } = require('./helpers');
 const { getBlocksByTime, getData } = require('../utils');
 
 const ADDRESSES = {
   base: {
-    AvantisJuniorTranche: '0x944766f715b51967E56aFdE5f0Aa76cEaCc9E7f9',
-    AvantisSeniorTranche: '0x83084cB182162473d6FEFfCd3Aa48BA55a7B66F7',
+    AvantisVault: '0x944766f715b51967E56aFdE5f0Aa76cEaCc9E7f9',
     USDC: '0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913',
   },
 };
 
-const SUBGRAPH_URL =
-  'https://subgraph.satsuma-prod.com/052b6e8d4af9/avantis/avantis-mainnet/version/v0.1.9/api';
-
-const feeFetchCount = 10000;
-
-const feeDistributedQuery = gql`
-  query FeesDistributeds($first: Int!, $skip: Int!, $start: Int!, $end: Int!) {
-    feesDistributeds(
-      first: $first
-      skip: $skip
-      where: { timestamp_gte: $start, timestamp_lte: $end }
-      orderBy: timestamp
-      orderDirection: asc
-    ) {
-      id
-    }
-  }
-`;
-
-const vmToTrancheQuery = gql`
-  query VmToTrancheTransfers($transactionHashes: [String!]!, $to: [String!]!) {
-    vmtoTrancheTransfers(
-      where: { transactionHash_in: $transactionHashes, to_in: $to }
-    ) {
-      value
-      to
-    }
-  }
-`;
-
-const fetchFeeDistributedIds = async (timestamp, skip = 0) => {
-  const { feesDistributeds } = await request(
-    SUBGRAPH_URL,
-    feeDistributedQuery,
-    {
-      first: feeFetchCount,
-      skip: skip,
-      start: timestamp - 7 * 86400,
-      end: timestamp,
-    }
-  );
-
-  let ids = feesDistributeds.map((f) => f.id);
-
-  if (ids.length === feeFetchCount) {
-    ids = ids.concat(
-      await fetchFeeDistributedIds(timestamp, skip + feeFetchCount)
-    );
-  }
-
-  return ids;
-};
-
-const fetchTransfersForFeeDistributedIds = async (ids) => {
-  const chunkedIds = chunkArray(ids, 1000);
-
-  let totalJunior = 0;
-  let totalSenior = 0;
-
-  for (const chunk of chunkedIds) {
-    const { vmtoTrancheTransfers } = await request(
-      SUBGRAPH_URL,
-      vmToTrancheQuery,
-      {
-        transactionHashes: chunk,
-        to: [
-          ADDRESSES.base.AvantisJuniorTranche,
-          ADDRESSES.base.AvantisSeniorTranche,
-        ],
-      }
-    );
-
-    totalJunior += calculateTrancheTotal(
-      vmtoTrancheTransfers,
-      ADDRESSES.base.AvantisJuniorTranche
-    );
-    totalSenior += calculateTrancheTotal(
-      vmtoTrancheTransfers,
-      ADDRESSES.base.AvantisSeniorTranche
-    );
-  }
-
-  return { totalJunior: totalJunior / 7, totalSenior: totalSenior / 7 };
-};
-
-// NOTE: OUR SUBGRAPH IS NOT CAUGHT UP TO DATE, SO WE ARE USING THE API FOR NOW
-// -----------------------------------------------------------------------------
-// We will reenable time travel once our subgraph is caught up
 const main = async (timestamp = null) => {
-  // timestamp = timestamp ? parseInt(timestamp) : Math.floor(Date.now() / 1000);
-
-  // NOTE: OUR SUBGRAPH IS NOT CAUGHT UP TO DATE, SO WE ARE USING THE API FOR NOW
-  // -----------------------------------------------------------------------------
-  // Get total fees distributed for junior and senior tranches
-  // const feesDistributedIds = await fetchFeeDistributedIds(timestamp);
-  // const { totalJunior, totalSenior } = await fetchTransfersForFeeDistributedIds(
-  //   feesDistributedIds
-  // );
-
-  // const [block] = await getBlocksByTime([timestamp], 'base');
-
   const { meta } = await getData(
     'https://api.avantisfi.com/v1/vault/returns-7-days'
   );
 
-  // Get TVL for junior and senior tranches
-  let [juniorTvl, seniorTvl] = await Promise.all([
-    sdk.api.abi.call({
-      abi: 'erc20:balanceOf',
-      target: ADDRESSES.base.USDC,
-      params: [ADDRESSES.base.AvantisJuniorTranche],
-      chain: 'base',
-      // block: block,
-    }),
-    sdk.api.abi.call({
-      abi: 'erc20:balanceOf',
-      target: ADDRESSES.base.USDC,
-      params: [ADDRESSES.base.AvantisSeniorTranche],
-      chain: 'base',
-      // block: block,
-    }),
-  ]);
-
-  juniorTvl = juniorTvl.output / 1e6;
-  seniorTvl = seniorTvl.output / 1e6;
+  let vaultTvl = await sdk.api.abi.call({
+    abi: 'erc20:balanceOf',
+    target: ADDRESSES.base.USDC,
+    params: [ADDRESSES.base.AvantisVault],
+    chain: 'base',
+    // block: block,
+  });
 
-  // Calculate daily returns for junior and senior tranches
-  // const juniorDailyReturns = totalJunior / juniorTvl;
-  // const seniorDailyReturns = totalSenior / seniorTvl;
-  const juniorDailyReturns = meta.averageJrFees / juniorTvl;
-  const seniorDailyReturns = meta.averageSrFees / seniorTvl;
+  vaultTvl = vaultTvl.output / 1e6;
 
-  // Calculate APY for junior and senior tranches
-  const juniorApy = (1 + juniorDailyReturns) ** 365 - 1;
-  const seniorApy = (1 + seniorDailyReturns) ** 365 - 1;
+  const dailyReturns = meta.averageJrFees / vaultTvl;
+  const apy = (1 + dailyReturns) ** 365 - 1;
 
   return [
     {
-      pool: `AVANTIS-${ADDRESSES.base.AvantisJuniorTranche}-base`.toLowerCase(),
-      chain: 'base',
-      project: 'avantis',
-      symbol: 'USDC',
-      poolMeta: 'junior',
-      tvlUsd: juniorTvl,
-      apyBase: juniorApy * 100,
-      url: 'https://www.avantisfi.com/earn/junior',
-    },
-    {
-      pool: `AVANTIS-${ADDRESSES.base.AvantisSeniorTranche}-base`.toLowerCase(),
+      pool: `AVANTIS-${ADDRESSES.base.AvantisVault}-base`.toLowerCase(),
       chain: 'base',
       project: 'avantis',
       symbol: 'USDC',
-      poolMeta: 'senior',
-      tvlUsd: seniorTvl,
-      apyBase: seniorApy * 100,
-      url: 'https://www.avantisfi.com/earn/senior',
+      poolMeta: 'vault',
+      tvlUsd: vaultTvl,
+      apyBase: apy * 100,
+      url: 'https://www.avantisfi.com/earn/avantis-vault',
     },
   ];
 };