NeuronThetaVault is main contract representing certain option strategy. It works in cycles - rounds, which can be described in the following steps:
- Gather funds from connected NeuronCollateralVault contracts
- Select strike price and mint options using gathered funds as collateral
- Initiates auction to sell minted option tokens
- Close round and distribute profit or loss back to NeuronCollateralVault's
NeuronCollateralVault is contract which controls deposits and withdrawals for user, mints user share of certain collateral used in NeuronThetaVault. It's associated with NeuronThetaVault and NeuronPool. Associated NeuronPool tokens are the collateral which wich will be used to cover the option. Users can deposit NeuronPool tokens directly to NeuronCollateralVault or deposit with one of the base assets NeuronPool supports (usually 2-4 different assets) which will be wrapped to NeuronPool. On round start, NeuronThetaVault gathers all funds from NeuronCollateralVault and locks it to mint option. On the end of round NeuronThetaVault distributes left amounts of NeuronPool tokens back to NeuronCollateralVault and the profit (if round ended ITM) back to NeuronCollateralVault.
VaultLifecycle is library of functions controlling NeuronThetaVault rounds lifecycle.
CollateralVaultLifecycle is library of functions controlling NeuronCollateralVault rounds lifecycle.
GnosisAuction is library to control open and close of auction selling option tokens.
NeuronPoolUtils is library of functions to work with NeuronPool contract: deposit, withdraw, getting data.
DeltaStrikeSelection is contract which select best strike price for option, using data from VolatilityOracle and OptionPremiumPricer.