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Update index.js #1870

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18 changes: 13 additions & 5 deletions src/adaptors/usual/index.js
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Original file line number Diff line number Diff line change
Expand Up @@ -34,6 +34,7 @@ const CONFIG = {
'0x06B964d96f5dCF7Eae9d7C559B09EDCe244d4B8E', // USUALx dead shares
],
};

async function getTokenSupply(chain, address) {
const params = {
chain: chain.toLowerCase(),
Expand All @@ -43,6 +44,7 @@ async function getTokenSupply(chain, address) {
const { output } = await sdk.api.abi.call(params);
return output / CONFIG.SCALAR;
}

async function getTokenBalance(chain, address, user) {
const params = {
target: address,
Expand All @@ -54,6 +56,7 @@ async function getTokenBalance(chain, address, user) {
const { output } = await sdk.api.abi.call(params);
return output / CONFIG.SCALAR;
}

async function getTokenPrice(chain, address) {
const priceKey = `${chain.toLowerCase()}:${address}`;
const { data } = await axios.get(`${CONFIG.URLS.LLAMA_PRICE}${priceKey}`);
Expand Down Expand Up @@ -84,6 +87,7 @@ async function getChainData(chainConfig) {
const price = await getTokenPrice(chainConfig.CHAIN, chainConfig.USD0PP);
return { supply, price };
}

async function getUsualXAPY(chain, usualXPrice) {
const { output } = await sdk.api.abi.call({
target: CONFIG.USUALX_TOKEN,
Expand Down Expand Up @@ -122,7 +126,8 @@ async function getUsualXAPY(chain, usualXPrice) {

const usualXApr = (rate * CONFIG.DAYS_PER_YEAR) / totalAssets;

const usualxApyReward = utils.aprToApy(usualXApr * 100);
// Applying weekly compounding only to USUALx apyReward
const usualxApyReward = utils.aprToApy(usualXApr * 100, CONFIG.WEEKS_PER_YEAR); // Weekly compounding for apyReward

const usualxMarketCap = usualXTVL * usualXPrice;

Expand All @@ -140,14 +145,17 @@ async function getUsualXAPY(chain, usualXPrice) {
rawUsualXTVL,
};
}

const apy = async () => {
const { data: rewardData } = await axios.get(
`${CONFIG.URLS.REWARD_RATE}${CONFIG.SYMBOL}`
);
const reward = rewardData.rewards.find(
(e) => CONFIG.USUAL_TOKEN.toLowerCase() === e.rewardToken.toLowerCase()
);
const apyReward = utils.aprToApy(reward.apr * 100, CONFIG.WEEKS_PER_YEAR);

// No weekly compounding for USD0++
const apyReward = reward.apr * 100; // Direct APR-to-APY conversion without weekly compounding

const ethData = await getChainData(CONFIG.ETHEREUM);
const arbData = await getChainData(CONFIG.ARBITRUM);
Expand All @@ -166,14 +174,14 @@ const apy = async () => {
CONFIG.ETHEREUM.CHAIN,
CONFIG.ETHEREUM.USD0PP,
ethData.supply * ethData.price,
apyReward,
apyReward, // Corrected to USD0++ APY
CONFIG.ETHEREUM.USD0
),
createPoolData(
CONFIG.ARBITRUM.CHAIN,
CONFIG.ARBITRUM.USD0PP,
arbData.supply * arbData.price,
apyReward,
apyReward, // Corrected for Arbitrum USD0++
CONFIG.ARBITRUM.USD0
),
{
Expand All @@ -182,7 +190,7 @@ const apy = async () => {
project: 'usual',
symbol: 'USUALx',
tvlUsd: rawUsualXTVL * usualxPrice,
apyBase: usualxApyReward,
apyBase: usualxApyReward, // Weekly compounding for USUALx APY
apyReward: usualxApyRevenueSwitch,
rewardTokens: [CONFIG.ETHEREUM.USD0],
underlyingTokens: [CONFIG.USUAL_TOKEN],
Expand Down
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