theaustrian1998/camdaileverage

A tool for leveraging DAI yield in AAVE using QiDao Protocol, in Polygon Network.

camDaiLeverage

A tool for leveraging DAI yield in AAVE using QiDao Protocol, in Polygon Network.

WARNING: this is highly experimental

Detailed non-technical info

Mechanism is as follow:

1. Take a flash-swap in DAI
2. Deposit DAI in AAVE
3. Deposit amDai in camDai Vault (QiDaoProtocol)
4. Deposit camDai as collateral in Vault (QiDaoProtocol)
5. Borrow MAI
6. Swap MAI for DAI
7. Pay flash-swap

This tool is a Instadapp style protocol, you can call createNew() function to create a new contract that only your account (msg.sender) can manage.

Install

• Clone repo

• npm install
  

• Create a secrets.json file, fill the blanks.

• npx hardhat test tests/test.js
  

Functions

LeverageFactory:

• createNew(): create a new camDaiLeverage contract
• getContractAddresses(address account): get all contract addresses by account

camDaiLeverage:

• doRulo(uint amount): do the loop
• undoRulo(): undo the loop
• transferTokens(address _tokenAddress): transfer any token to the owner, used for rescue tokens