Feature: adding notional v3 yield

src/adaptors/notional-v3/index.js

@@ -0,0 +1,197 @@
+const { request, gql } = require('graphql-request');
+const utils = require('../utils');
+const superagent = require('superagent');
+const { default: BigNumber } = require('bignumber.js');
+
+const API = (chain) => `https://data-dev.notional.finance/${chain}/yields`
+const NOTE_Mainnet = '0xCFEAead4947f0705A14ec42aC3D44129E1Ef3eD5'
+
+const SUBGRAPHS = {
+  arbitrum: 'https://api.studio.thegraph.com/query/36749/notional-v3-arbitrum/version/latest'
+};
+
+
+const query = gql`
+query GetYieldsData {
+    oracles(where: {
+      matured: false,
+      oracleType_in: [
+        nTokenToUnderlyingExchangeRate,
+        nTokenBlendedInterestRate,
+        nTokenFeeRate,
+        nTokenIncentiveRate
+      ],
+    }, first: 1000) {
+      base { id }
+      quote { id symbol }
+      decimals
+      oracleType
+      latestRate
+    }
+    NOTE: tokens(where: { tokenType: NOTE}) { id }
+    # Use this to calculate the nToken TVL
+    nTokens: tokens(where: { tokenType: nToken}) {
+      id
+      symbol
+      totalSupply
+      underlying {id symbol decimals}
+    }
+  	activeMarkets {
+      pCashMarket {
+        underlying { id symbol decimals }
+        primeCash { id symbol decimals }
+        primeDebt { id symbol decimals }
+        current {
+          totalPrimeCashInUnderlying
+          totalPrimeDebtInUnderlying
+          supplyInterestRate
+          debtInterestRate
+        }
+      }
+      fCashMarkets {
+        maturity
+        underlying { id symbol decimals }
+        fCash { id symbol decimals }
+        current {
+          lastImpliedRate
+          totalfCashPresentValue
+          totalPrimeCashInUnderlying
+          totalfCashDebtOutstandingPresentValue
+        }
+      }
+    }
+  }
+`
+
+async function getUSDPrice(chain, address) {
+  // price of base token in USD terms
+  const key = `${chain}:${address}`;
+  const priceRes = await superagent.get(
+    `https://coins.llama.fi/prices/current/${key}`
+  );
+  const price = priceRes.body.coins[key];
+  return price ? price.price : 0;
+}
+
+const getPools = async (chain) => {
+  let results = await request(SUBGRAPHS[chain], query);
+  const project = 'notional-v3';
+  const NOTE = results['NOTE'][0].id
+  const NOTEPriceUSD = await getUSDPrice('ethereum', NOTE_Mainnet)
+
+  const nTokens = await Promise.all(results['nTokens'].map(async (n) => {
+    const oracles = results['oracles'].filter(({ quote: { symbol } }) => symbol === n.symbol)
+    const nTokenExRate = oracles.find(({ oracleType }) => oracleType === 'nTokenToUnderlyingExchangeRate').latestRate
+    const nTokenBlendedRate = oracles.find(({ oracleType }) => oracleType === 'nTokenBlendedInterestRate').latestRate
+    const nTokenFeeRate = oracles.find(({ oracleType }) => oracleType === 'nTokenFeeRate').latestRate
+    const nTokenIncentiveRate = oracles.find(({ oracleType }) => oracleType === 'nTokenIncentiveRate').latestRate
+    const underlyingDecimals = BigInt(10) ** BigInt(n.underlying.decimals)
+    const tvlUnderlying = (BigInt(n.totalSupply) * BigInt(nTokenExRate)) / BigInt(1e9)
+    const underlyingPrice = await getUSDPrice('arbitrum', n.underlying.id)
+    const tvlUsd = Number(tvlUnderlying) / 1e8 * underlyingPrice
+    const NOTEPriceInUnderlying = NOTEPriceUSD / underlyingPrice
+
+    return {
+      pool: `${n.id}-${chain}`,
+      chain,
+      project,
+      symbol: n.symbol,
+      rewardTokens: [ NOTE ],
+      underlyingTokens: [ n.underlying.id ],
+      poolMeta: 'Liquidity Token',
+      url: `https://arbitrum.notional.finance/liquidity-variable/${n.underlying.symbol}`,
+      tvlUsd,
+      apyBase: (Number(nTokenBlendedRate) + Number(nTokenFeeRate)) * 100 / 1e9,
+      apyReward: (Number(nTokenIncentiveRate) * NOTEPriceInUnderlying) * 100 / 1e9
+    }
+  }))
+
+  const primeCash = await Promise.all(results['activeMarkets'].map(async ({ pCashMarket: p }) => {
+    const underlyingDecimals = BigNumber(10).pow(p.underlying.decimals)
+    const totalSupplyUnderlying = BigNumber(p.current.totalPrimeCashInUnderlying).div(underlyingDecimals)
+    const totalDebtUnderlying = BigNumber(p.current.totalPrimeDebtInUnderlying).div(underlyingDecimals)
+    const tvlUnderlying = totalSupplyUnderlying.minus(totalDebtUnderlying);
+    const underlyingPrice = await getUSDPrice('arbitrum', p.underlying.id)
+    const tvlUsd = tvlUnderlying.times(underlyingPrice).toNumber()
+    const totalSupplyUsd = totalSupplyUnderlying.times(underlyingPrice).toNumber();
+    const totalBorrowUsd = totalDebtUnderlying.times(underlyingPrice).toNumber();
+
+    return {
+      pool: `${p.primeCash.id}-${chain}`,
+      chain,
+      project,
+      symbol: p.primeCash.symbol,
+      underlyingTokens: [ p.underlying.id ],
+      poolMeta: 'Variable Lend',
+      url: `https://arbitrum.notional.finance/lend-variable/${p.underlying.symbol}`,
+      tvlUsd,
+      apyBase: Number(p.current.supplyInterestRate) * 100 / 1e9,
+      apyBaseBorrow: Number(p.current.debtInterestRate) * 100 / 1e9,
+      totalSupplyUsd,
+      totalBorrowUsd,
+    }
+  }))
+
+  const fCash = await Promise.all(results['activeMarkets'].flatMap(({ fCashMarkets }) => {
+    return fCashMarkets.map(async (f) => {
+      const underlyingDecimals = BigNumber(10).pow(f.underlying.decimals)
+      const totalfCashUnderlying = BigNumber(f.current.totalfCashPresentValue).div(underlyingDecimals)
+      const totalDebtUnderlying = BigNumber(f.current.totalfCashDebtOutstandingPresentValue).div(-underlyingDecimals)
+      const tvlUnderlying = totalfCashUnderlying.plus(BigNumber(f.current.totalPrimeCashInUnderlying)).div(underlyingDecimals)
+
+      const underlyingPrice = await getUSDPrice('arbitrum', f.underlying.id)
+      const tvlUsd = tvlUnderlying.times(underlyingPrice).toNumber()
+      const totalSupplyUsd = totalfCashUnderlying.times(underlyingPrice).toNumber();
+      const totalBorrowUsd = totalDebtUnderlying.times(underlyingPrice).toNumber();
+      const date = (new Date(Number(f.maturity) * 1000)).toISOString().split('T')[0];
+
+      return {
+        pool: `${f.fCash.id}-${chain}`,
+        chain,
+        project,
+        symbol: `f${f.underlying.symbol}`,
+        underlyingTokens: [ f.underlying.id ],
+        poolMeta: `Fixed Lend Maturing On ${date}`,
+        url: `https://arbitrum.notional.finance/lend-fixed/${f.underlying.symbol}`,
+        tvlUsd,
+        apyBase: Number(f.current.lastImpliedRate) * 100 / 1e9,
+        apyBaseBorrow: Number(f.current.lastImpliedRate) * 100 / 1e9,
+        totalSupplyUsd,
+        totalBorrowUsd
+      }
+    })
+  }))
+
+  // TODO: add vaults in the future
+  // TODO: add leveraged liquidity in the future
+  // const apiResults = await utils.getData(API(chain))
+  // const vaults = apiResults.filter((r) => r.token.tokenType === 'VaultShare' && !!r['leveraged'])
+  //   .map((v) => {
+  //     // TODO: sum up all vaults with this TVL and then select the max APY
+  //   return {
+  //       pool: `${v.token.id}-${chain}`,
+  //       chain,
+  //       project,
+  //       // NOTE: this is pretty ugly, need better metadata
+  //       symbol: v.token.symbol,
+  //       underlyingTokens: [ v.token.underlying ],
+  //       poolMeta: 'Leveraged Vault',
+  //       url: `https://arbitrum.notional.finance/vaults/${v.token.vaultAddress}`,
+  //       tvlUsd: Number(tvlUnderlying),
+  //       apyBase: Number(f.current.lastImpliedRate) / 1e9,
+  //   }
+  // })
+
+  return nTokens.concat(primeCash).concat(fCash);
+};
+
+const main = async () => {
+  return Object.keys(SUBGRAPHS).reduce(async (acc, chain) => {
+    return [...(await acc), ...(await getPools(chain))];
+  }, Promise.resolve([]));
+}
+
+module.exports = {
+  timetravel: false,
+  apy: main,
+};