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Implement Core Functionalities of AAVE V3 Lending Protocol in Ralph #23

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polarker opened this issue Nov 13, 2024 · 0 comments
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@polarker
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Objective
Replicate the core functionalities of the AAVE V3 lending protocol within Ralph, focusing on the main features required for a stable and usable lending and borrowing system.

Scope of Work
Implement the following core functionalities:

  1. Asset Deposit & Withdrawal

    • Users can deposit supported assets into the protocol.
    • Enable asset withdrawal by users, ensuring protocol stability.
  2. Borrowing & Repayment

    • Implement mechanisms to allow users to borrow assets and repay loans.
    • Include interest rate calculations based on protocol-defined rules.
  3. Interest Accrual

    • Accrue interest on borrowed assets over time.
    • Implement rate adjustment mechanisms to manage demand and supply.
  4. Liquidation Mechanism

    • Set up conditions for collateralized positions to be liquidated if they fall below the required collateral ratio.
    • Develop a process for liquidators to purchase collateral at a discount to repay a portion of the borrower’s debt.

Requirements

  • Ensure code is modular to allow for future expansion and customization.
  • Maintain compatibility with Ralph's existing infrastructure and standards.
  • Include comprehensive testing for each feature (unit tests, edge cases, and integration tests).
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