Add wind down price to bond stats

liquity · Jan 17, 2023 · e55aa07 · e55aa07
1 parent b244294
commit e55aa07
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Showing 4 changed files with 14 additions and 1 deletion.
diff --git a/packages/dev-frontend/src/components/BondStats.tsx b/packages/dev-frontend/src/components/BondStats.tsx
@@ -55,6 +55,9 @@ export const BondStats: React.FC<BondStatsProps> = () => {
       <Statistic name={l.BLUSD_FLOOR_PRICE.term} tooltip={l.BLUSD_FLOOR_PRICE.description}>
         <Metric value={protocolInfo.floorPriceWithoutPendingHarvests.prettify(4)} unit="LUSD" />
       </Statistic>
+      <Statistic name={l.BLUSD_WIND_DOWN_PRICE.term} tooltip={l.BLUSD_WIND_DOWN_PRICE.description}>
+        <Metric value={protocolInfo.windDownPrice.prettify(4)} unit="LUSD" />
+      </Statistic>
       <Statistic name={l.BLUSD_APR.term} tooltip={l.BLUSD_APR.description}>
         <Metric
           value={

diff --git a/packages/dev-frontend/src/components/Bonds/context/api.ts b/packages/dev-frontend/src/components/Bonds/context/api.ts
@@ -585,6 +585,8 @@ const getProtocolInfo = async (
     treasury.pending
   );
 
+  const windDownPrice = treasury.reserve.add(treasury.permanent).div(bLusdSupply);
+
   return {
     bLusdSupply,
     marketPrice,
@@ -605,7 +607,8 @@ const getProtocolInfo = async (
     bLusdLpApr,
     controllerTargetAge,
     averageBondAge,
-    floorPriceWithoutPendingHarvests
+    floorPriceWithoutPendingHarvests,
+    windDownPrice
   };
 };
 

diff --git a/packages/dev-frontend/src/components/Bonds/context/transitions.ts b/packages/dev-frontend/src/components/Bonds/context/transitions.ts
@@ -239,6 +239,7 @@ export type ProtocolInfo = {
   controllerTargetAge: Decimal;
   averageBondAge: Decimal;
   floorPriceWithoutPendingHarvests: Decimal;
+  windDownPrice: Decimal;
 };
 
 export type TransactionStatus = "IDLE" | "PENDING" | "CONFIRMED" | "FAILED";

diff --git a/packages/dev-frontend/src/components/Bonds/lexicon.ts b/packages/dev-frontend/src/components/Bonds/lexicon.ts
@@ -174,6 +174,12 @@ export const BLUSD_FLOOR_PRICE = {
     "The amount of LUSD that an arbitrageur could redeem bLUSD for thus creating a lower bound bLUSD market price."
 };
 
+export const BLUSD_WIND_DOWN_PRICE = {
+  term: "Wind down price",
+  description:
+    "The protocol supports a graceful wind down mechanism whereby Yearn Finance governance can trigger a special function which moves the Permanent bucket LUSD into the Reserve, thus increasing the floor price. This new floor price is the 'wind down price'."
+};
+
 export const BLUSD_APR = {
   term: "bLUSD APR",
   description: "The APR of bLUSD, based on the yield generated from each bucket in the Treasury."