LiquidityRoyalyJuniorVault

Documentation for eth_defi.erc_4626.vault_protocol.liquidity_royalty.vault.LiquidityRoyalyJuniorVault Python class.

class LiquidityRoyalyJuniorVault

Bases: eth_defi.erc_4626.vault.ERC4626Vault

Liquidity Royalty Tranching junior vault.

Liquidity Royalty Tranching is a protocol implementing a two-tranche vault system with profit spillover and cascading backstop mechanisms on Berachain.

Website: https://github.com/stratosphere-network/LiquidRoyaltyContracts
Documentation: https://github.com/stratosphere-network/LiquidRoyaltyContracts/tree/master/docs
Example vault: https://berascan.com/address/0x3a0A97DcA5e6CaCC258490d5ece453412f8E1883

Parameters

web3 – Connection we bind this instance to
spec – Chain, address tuple
token_cache –
Cache used with fetch_erc20_details() to avoid multiple calls to the same token.

Reduces the number of RPC calls when scanning multiple vaults.
features – Pass vault feature flags along, externally detected.
default_block_identifier –
Override block identifier for on-chain metadata reads.

When None, use get_safe_cached_latest_block_number() (the default, safe for broken RPCs). Set to "latest" for freshly deployed vaults whose contracts do not exist at the safe-cached block.

Attributes summary

`address`	Get the vault smart contract address.
`chain_id`	Chain this vault is on
`denomination_token`	Get the token which denominates the vault valuation
`deposit_manager`	Deposit manager assocaited with this vault
`erc_7540`	Is this ERC-7540 vault with asynchronous deposits.
`flow_manager`	Flow manager associated with this vault
`info`	Get info dictionary related to this vault deployment.
`name`	Override the vault name.
`share_token`	ERC-20 that presents vault shares.
`symbol`	Vault share token symbol
`underlying_token`	Alias for `denomination_token()`
`vault_address`
`vault_address_checksumless`
`vault_contract`	Get vault deployment.

Methods summary

`__init__`(web3, spec[, token_cache, ...])	param web3
`fetch_denomination_token`()	Read denomination token from onchain.
`fetch_denomination_token_address`()	Get the address for the denomination token.
`fetch_deposit_closed_reason`()	Check ERC-4626 maxDeposit to determine if deposits are closed.
`fetch_deposit_next_open`()	Generic ERC-4626 - no timing information available.
`fetch_info`()	Use `info()` property for cached access.
`fetch_nav`([block_identifier])	Fetch the most recent onchain NAV value.
`fetch_portfolio`(universe[, ...])	Read the current token balances of a vault.
`fetch_redemption_closed_reason`()	Check ERC-4626 maxRedeem to determine if redemptions are closed.
`fetch_redemption_next_open`()	Generic ERC-4626 - no timing information available.
`fetch_share_price`(block_identifier)	Get the current share price.
`fetch_share_token`()	Read share token details onchain.
`fetch_share_token_address`([block_identifier])	Get share token of this vault.
`fetch_total_assets`(block_identifier)	What is the total NAV of the vault.
`fetch_total_supply`(block_identifier)	What is the current outstanding shares.
`fetch_vault_info`()	Get all information we can extract from the vault smart contracts.
`get_deposit_fee`(block_identifier)	Deposit fee is set to zero by default as vaults usually do not have deposit fees.
`get_deposit_manager`()	Get deposit manager to deposit/redeem from the vault.
`get_estimated_lock_up`()	Get estimated lock-up period.
`get_fee_data`()	Get fee data structure for this vault.
`get_fee_mode`()	Get how this vault accounts its fees.
`get_flags`()	Get various vault state flags from the smart contract.
`get_flow_manager`()	Get flow manager to read indiviaul settle events.
`get_historical_reader`(stateful)	Get share price reader to fetch historical returns.
`get_link`([referral])	Get the vault's web UI link.
`get_management_fee`(block_identifier)	Get the current management fee.
`get_notes`()	Get a human readable message if we know somethign special is going on with this vault.
`get_performance_fee`(block_identifier)	Get the current performance fee.
`get_protocol_name`()	Return the name of the vault protocol.
`get_risk`()	Get risk profile of this vault.
`get_spec`()
`get_withdraw_fee`(block_identifier)	Withdraw fee is set to zero by default as vaults usually do not have withdraw fees.
`has_block_range_event_support`()	Does this vault support block range-based event queries for deposits and redemptions.
`has_custom_fees`()	Liquidity Royalty vaults have withdrawal penalties.
`has_deposit_distribution_to_all_positions`()	Deposits go automatically to all open positions.
`is_valid`()	Check if this vault is valid.

property name: str

Override the vault name.

The on-chain name may not be descriptive enough.

has_custom_fees()

Liquidity Royalty vaults have withdrawal penalties.

Return type: bool

get_management_fee(block_identifier)

Get the current management fee.

Liquidity Royalty does not have explicit management fees.

Returns: None as there is no management fee.
Parameters: block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) –
Return type: float | None

get_performance_fee(block_identifier)

Get the current performance fee.

Liquidity Royalty does not have explicit performance fees, but there is a 20% early withdrawal penalty if cooldown is not met, plus a 1% base withdrawal fee.

Returns: None as there is no performance fee, only withdrawal penalties.
Parameters: block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) –
Return type: float | None

get_estimated_lock_up()

Get estimated lock-up period.

The protocol has a 7-day cooldown period to avoid the 20% early withdrawal penalty.

Returns: 7 days cooldown period.
Return type: datetime.timedelta | None

get_link(referral=None)

Get the vault’s web UI link.

Currently there is no web UI, so we link to the GitHub repository.

Parameters: referral (str | None) –
Return type: str

__init__(web3, spec, token_cache=None, features=None, default_block_identifier=None)

Parameters

web3 (web3.main.Web3) – Connection we bind this instance to
spec (eth_defi.vault.base.VaultSpec) – Chain, address tuple
token_cache (dict | None) –
Cache used with fetch_erc20_details() to avoid multiple calls to the same token.

Reduces the number of RPC calls when scanning multiple vaults.
features (set[eth_defi.erc_4626.core.ERC4626Feature] | None) – Pass vault feature flags along, externally detected.
default_block_identifier (Optional[Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, hexbytes.main.HexBytes, int]]) –
Override block identifier for on-chain metadata reads.

When None, use get_safe_cached_latest_block_number() (the default, safe for broken RPCs). Set to "latest" for freshly deployed vaults whose contracts do not exist at the safe-cached block.

property address: eth_typing.evm.HexAddress: Get the vault smart contract address.

property chain_id: int: Chain this vault is on

property denomination_token: eth_defi.token.TokenDetails | None

Get the token which denominates the vault valuation

Used in deposits and redemptions
Used in NAV calculation
Used in profit benchmarks
Usually USDC

Returns

Token wrapper instance.

Maybe None for broken vaults like https://arbiscan.io/address/0x9d0fbc852deccb7dcdd6cb224fa7561efda74411#code

property deposit_manager: eth_defi.vault.deposit_redeem.VaultDepositManager: Deposit manager assocaited with this vault

property erc_7540: bool

Is this ERC-7540 vault with asynchronous deposits.

For example previewDeposit() function and other functions will revert

fetch_denomination_token()

Read denomination token from onchain.

Use denomination_token() for cached access.

Return type: eth_defi.token.TokenDetails | None

fetch_denomination_token_address()

Get the address for the denomination token.

Triggers RCP call

Return type: Optional[eth_typing.evm.HexAddress]

fetch_deposit_closed_reason()

Check ERC-4626 maxDeposit to determine if deposits are closed.

Return type: str | None

fetch_deposit_next_open()

Generic ERC-4626 - no timing information available.

Return type: datetime.datetime | None

fetch_info()

Use info() property for cached access.

Returns: See LagoonVaultInfo
Return type: eth_defi.erc_4626.vault.ERC4626VaultInfo

fetch_nav(block_identifier=None)

Fetch the most recent onchain NAV value.

In the case of Lagoon, this is the last value written in the contract with updateNewTotalAssets() and ` settleDeposit()`
TODO: updateNewTotalAssets() there is no way to read pending asset update on chain

Returns: Vault NAV, denominated in denomination_token()
Return type: decimal.Decimal

fetch_portfolio(universe, block_identifier=None, allow_fallback=True)

Read the current token balances of a vault.

SHould be supported by all implementations

Parameters

universe (eth_defi.vault.base.TradingUniverse) –
block_identifier (Optional[Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, hexbytes.main.HexBytes, int]]) –
allow_fallback (bool) –

Return type

eth_defi.vault.base.VaultPortfolio

fetch_redemption_closed_reason()

Check ERC-4626 maxRedeem to determine if redemptions are closed.

Return type: str | None

fetch_redemption_next_open()

Generic ERC-4626 - no timing information available.

Return type: datetime.datetime | None

fetch_share_price(block_identifier)

Get the current share price.

Returns

The share price in underlying token.

If supply is zero return zero.

Parameters

block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, hexbytes.main.HexBytes, int]) –

Return type

decimal.Decimal

fetch_share_token()

Read share token details onchain.

Use share_token() for cached access.

Return type: eth_defi.token.TokenDetails

fetch_share_token_address(block_identifier='latest')

Get share token of this vault.

Vault itself (ERC-4626)
share() accessor (ERc-7575)

Parameters: block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, hexbytes.main.HexBytes, int]) –
Return type: eth_typing.evm.HexAddress

fetch_total_assets(block_identifier)

What is the total NAV of the vault.

Example:

assert vault.denomination_token.symbol == "USDC"
assert vault.share_token.symbol == "ipUSDCfusion"
assert vault.fetch_total_assets(block_identifier=test_block_number) == Decimal("1437072.77357")
assert vault.fetch_total_supply(block_identifier=test_block_number) == Decimal("1390401.22652875")

Parameters

Block number to read.

Use web3.eth.block_number for the last block.

Returns

The vault value in underlyinh token

Return type

decimal.Decimal | None

fetch_total_supply(block_identifier)

What is the current outstanding shares.

Example:

Parameters

Block number to read.

Use web3.eth.block_number for the last block.

Returns

The vault value in underlyinh token

Return type

decimal.Decimal

fetch_vault_info()

Get all information we can extract from the vault smart contracts.

Return type: eth_defi.erc_4626.vault.ERC4626VaultInfo

property flow_manager: eth_defi.vault.base.VaultFlowManager: Flow manager associated with this vault

get_deposit_fee(block_identifier)

Deposit fee is set to zero by default as vaults usually do not have deposit fees.

Internal: Use get_fee_data().

Parameters: block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) –
Return type: float | None

get_deposit_manager()

Get deposit manager to deposit/redeem from the vault.

Return type: eth_defi.erc_4626.deposit_redeem.ERC4626DepositManager

get_fee_data()

Get fee data structure for this vault.

Raises: ValueError – In the case of broken or unimplemented fee reading methods in the smart contract
Return type: eth_defi.vault.fee.FeeData

get_fee_mode()

Get how this vault accounts its fees.

Return type: eth_defi.vault.fee.VaultFeeMode | None

get_flags()

Get various vault state flags from the smart contract.

Override to add status flags
Also add flags from our manual flag list in eth_defi.vault.flag

Returns

Flag set.

Do not modify in place.

Return type

set[eth_defi.vault.flag.VaultFlag]

get_flow_manager()

Get flow manager to read indiviaul settle events.

Only supported if has_block_range_event_support() is True

Return type: eth_defi.vault.base.VaultFlowManager

get_historical_reader(stateful)

Get share price reader to fetch historical returns.

Parameters: stateful – If True, use a stateful reading strategy.
Returns: None if unsupported
Return type: eth_defi.vault.base.VaultHistoricalReader

get_notes()

Get a human readable message if we know somethign special is going on with this vault.

Return type: str | None

get_protocol_name()

Return the name of the vault protocol.

Return type: str

get_risk()

Get risk profile of this vault.

Return type: eth_defi.vault.risk.VaultTechnicalRisk | None

get_withdraw_fee(block_identifier)

Withdraw fee is set to zero by default as vaults usually do not have withdraw fees.

Internal: Use get_fee_data().

Parameters: block_identifier (Union[Literal['latest', 'earliest', 'pending', 'safe', 'finalized'], eth_typing.evm.BlockNumber, eth_typing.evm.Hash32, eth_typing.encoding.HexStr, int]) –
Return type: float

has_block_range_event_support()

Does this vault support block range-based event queries for deposits and redemptions.

If not we use chain balance polling-based approach

has_deposit_distribution_to_all_positions()

Deposits go automatically to all open positions.

Deposits do not land into the vault as cash
Instead, smart contracts automatically increase all open positions
The behaviour of Velvet Capital

property info: eth_defi.vault.base.VaultInfo

Get info dictionary related to this vault deployment.

Get cached data on the various vault parameters

Returns: Vault protocol specific information dictionary

is_valid()

Check if this vault is valid.

Call a known smart contract function to verify the function exists

Return type: bool

property share_token: eth_defi.token.TokenDetails

ERC-20 that presents vault shares.

User gets shares on deposit and burns them on redemption

property symbol: str: Vault share token symbol

property underlying_token: eth_defi.token.TokenDetails: Alias for denomination_token()

property vault_contract: web3.contract.contract.Contract: Get vault deployment.