Closed justynspooner closed 1 month ago
The adapter at projects/dovu exports TVL:
total 4.41 M
hi, it is hard for us to verify this, can you share contract address on hedera where tokens are staked? also, we track staking under 'staking' key, not tvl
The adapter at projects/dovu exports TVL:
hedera-staking 4.39 M
staking 4.39 M
hedera 0
total 0
@justynspooner thanks for changing it, but can you share the staking contract address, this way, we will still be compute/show staking value even if the endpoint becomes unreachable
Thanks @g1nt0ki
Our staking system doesn't use a smart contract. All staked tokens are held within the stakers' wallets so they always have full custody. The user registers their wallet through our site and then we check their onchain token balance every 12 hours and release staking rewards based on the tokens they hold. The token balances of accounts can be verified throughout any time in history so we can verify how many tokens were held by registered accounts at any point in time.
It wouldn't be hard to verify the figure that our API returns. The only thing that isn't public is the list of accounts that have registered for the DOVU staking platform.
Thanks @g1nt0ki
Our staking system doesn't use a smart contract. All staked tokens are held within the stakers' wallets so they always have full custody. The user registers their wallet through our site and then we check their onchain token balance every 12 hours and release staking rewards based on the tokens they hold. The token balances of accounts can be verified throughout any time in history so we can verify how many tokens were held by registered accounts at any point in time.
It wouldn't be hard to verify the figure that our API returns. The only thing that isn't public is the list of accounts that have registered for the DOVU staking platform.
sorry, if it is not locked in your smart contract, we cant count it as your tvl. We apply the same methodology to other protocols, for example, people list the same NFT on both opensea and blur for trading, but we dont count it as part of either product's tvl, Blur's tvl is only the weth locked in their contract and opensea has 0 tvl.
OK, we appreciate where you're coming from on this. We'll close this ticket as the flexibility our current solution provides to our stakers isn't worth the change to them currently. If we move over to a smart contract based solution in the future we'll revisit this adapter. Thanks.
Name:
DOVU
Twitter Link:
@dovuofficial
List of audit links if any:
N/A
Website Link:
https://dovu.earth
Logo (High resolution, will be shown with rounded borders):
Current TVL:
$4.41 M
Treasury Addresses (if the protocol has treasury)
0.0.828148 https://hashscan.io/mainnet/account/0.0.828148
Chain:
Hedera
Coingecko ID:
dovu
https://www.coingecko.com/en/coins/dovuCoinmarketcap ID
https://coinmarketcap.com/currencies/dovu-earth/
Short Description:
Tokenisation infrastructure for the green economy.
Token address and ticker if any:
0.0.3716059 DOVU
Category (full list at https://defillama.com/categories) *Please choose only one:
Oracle Provider(s): Specify the oracle(s) used (e.g., Chainlink, Band, API3, TWAP, etc.):
Coingecko for exchange rate
Implementation Details: Briefly describe how the oracle is integrated into your project:
For the exchange rate
Documentation/Proof: Provide links to documentation or any other resources that verify the oracle's usage:
https://www.coingecko.com/en/coins/dovu
forkedFrom (Does your project originate from another project):
N/A
methodology (what is being counted as tvl, how is tvl being calculated):
The DOVU self custodial staking platform includes any entity that has currently staked tokens and is receiving rewards, tokens can only be staked through the DOVU.market website via an web3 account auth flow.
Users will receive a unique APY based off of their behaviour within the DOVU platform.
TVL is calculated based on the total tokens staked * value in USD.
We use coingecko for the live exchange rate.
Github org/user
dovuofficial https://github.com/dovuofficial