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Collector
The
Collector is a simple, immutable, governance- and management-free contract that receives all service fees in Wrapped USD. It's connected to Uniswap v3 and maintain GLO's liquidity in the form of GLO-USDT and GLO-USDC pools (both of the 1% fee tier).Easily the simplest contract in the system, the
Collector has only two functions.This returns the last
_epoch and next _token to be used in the buy-back and liquidity re-add.Executes the buyback-and-liquidity-readd via
referrer's frontend, compensating the caller with 100 _token.Name | Meaning |
|---|---|
referrer | Address of registered frontend enabling the interaction or the 0 address |
The referral units earned by the
referrer is- 100K if executed as soon as possible where
WUSD.snapshot().epoch - _epoch = 1 - 25K if more than 1 epoch had passed before it was executed
As such, it represents the second most effective means to earn GLO credit for frontend runners, second to enabling wrapping.
- Can only be called by non-contracts
- Can only be called when
WUSD.snapshot().epoch > _epoch
Last modified 5mo ago