https://stakehound.com is a tokenized staking platform that enables the use of staked Proof-of-Stake tokens within the Decentralized Finance (DeFi) ecosystem. Stakehound aims to bring Staking and Defi together.
This repository contains the stakedToken ERC20 smart contract, which allows for distribution staking rewards to all holders of the token proportionally using dynamic reballancing functionality.
It is live on the Ropset testnet, see this guide to try out stETH. The contract address is 0x09A33bE88094268360b9e340efD3657bBf351AA6
You can find the guide for all our testnet tokens in the documentation
Install the dependencies by running yarn install
yarn test
Shares as well as the sharesPerToken values are stored as integers.
We select the maximum possible granularity from the maximum supply provided in the constructor. This supply should be selected to be more than it could ever possibly even get close to.
There is a limit of how much you can increase the supply via reward distributiin before you start losing precision (you can only increase the supply by some integer > 1).
For all reaslistic tokens this limit is somewhere after 30 doublings of the supply via the rewards distribtuion(not affected by issuing new tokens to holders).
The current version of the Solidity smart contract code has been audity by Quantstamp - report
The dynamic balance functionality is inspired by Ampleforth https://github.com/ampleforth/uFragments Project structure was forked from https://github.com/PaulRBerg/solidity-template