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WUSory

The WUSory is the factory for arbitrary WUSD-[TOKEN] "liquidity mining" contracts.
This allows, for a fee, anyone to create and maintain arbitrary liquidity mining interfaces — called WUSers — with which users can provide WUSD-paired liquidity on Uniswap v3 separate from the WUSETHer. However, unlike the WUSETHer and Provisioner, WUSers must be recharged every 30 days to continue to grant credit.

Functions

The WUSory basically creates replicas of the WUSETHer but for any WUSD-[TOKEN] pairing. In that manner, these interface with the respective Uniswap v3 1% fee tier pools.

wusers ()

Returns the addresses of all WUSers created.

get (token)

Returns token's WUSer.
This returns 0x0000000000000000000000000000000000000000 if it doesn't exist

create (token, tick, referrer)

Used to create a WUSer for token with starting WUSD-denominated price of tick via referrer's frontend.
Name
Meaning
token
The token for which a WUSer is being created
tick
The WUSD-denominated tick price of token as defined by Uniswap​
referrer
Address of registered frontend used for the transaction or 0 address
Excluding
  • tokens already covered by wrap() (USDT, USDC, BUSD, TUSD, USDP, and GUSD)
  • tokens covered by the WUSETHer (WETH and WUSD)
  • tokens covered by the Provisioner (GLO)
token can be any ERC20 token that can be used on Uniswap v3. If token doesn't already have a 1% fee tier pool on Uniswap v3, this will automatically initialize one at the provided tick. tick is merely the current price of token in terms of WUSD and converted as per the formula defined here.
There are two fees charged here:
  • 25K USDT one-time fee, which is automatically used to buy-back GLO and burn it
  • 1K service fee, each in USDT and USDC
The referral units earned by referrer here is a fixed amount of 25K.
  • The caller must approve the WUSory to spend their USDT and USDC
  • token must not already have a WUSer

recharge (token, referrer)

Used to recharge token's WUSer via referrer's frontend so that it can continue granting credit.
Name
Meaning
token
The token for which a WUSer is being created
referrer
Address of registered frontend used for the transaction or 0 address
After 30 days since using create(), a WUSer stops granting credit on decrease()s, fee collect()s, and withdrawal()s. Therefore, starting 28 days after create() (or the last recharge()), a WUSer can be "recharged" so that it continues to grant credit for another 30 day period.
Anyone can recharge() a token's WUSer and it isn't required that it be the same person that created() it.
As above, there are two fees charged here:
  • 10K USDT one-time fee, which is automatically used to buy-back GLO and burn it
  • 1K service fee, each in USDT and USDC
The referral units earned by referrer here is a fixed amount of 10K.
  • The caller must approve the WUSory to spend their USDT and USDC
  • token must already have a WUSer
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Provisioner
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WUSer
Last modified 5mo ago