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[On-chain] Insurance Fund #4

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8 tasks
jblewnormal opened this issue Nov 21, 2024 · 0 comments
Open
8 tasks

[On-chain] Insurance Fund #4

jblewnormal opened this issue Nov 21, 2024 · 0 comments
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enhancement New feature or request

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@jblewnormal
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jblewnormal commented Nov 21, 2024

Objective

Create an Insurance Fund vault that receives a portion of earned protocol fees and 3rd party LP deposits to provide coverage in the event excess Protocol Debt is incurred due to inadequate liquidation auctions.

Origin Document

...

Goals

  • Provide a back-stop protection pool of assets to maintain system collateralization
  • Create another income stream for users to stake on Normal

Deliverables

  • Initialize Insurance Fund
  • Update IF params
  • Create a claim (from Vault)
  • Deposit (user)
  • Withdraw (user)

Non-goals / Non-deliverables

  • Tests
  • Docs

General deliverables

  • Comments: Add/update TODOs and comments alongside the source code so it is easier to follow.
  • Testing: Add new tests (unit and/or E2E) to the test suite.
  • Documentation: Update architectural or development READMEs; use mermaid diagrams where appropriate.

Creator: [@jblewnormal]

@jblewnormal jblewnormal self-assigned this Nov 21, 2024
@jblewnormal jblewnormal added the enhancement New feature or request label Nov 21, 2024
@jblewnormal jblewnormal added this to the Normal v1 Launch milestone Nov 21, 2024
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