Currently, all USDN in protocol is staked to Vires.
This is safe, because you can not borrow USDN currenty.
It provides an attractive additional yield source of ~10% APY.
This yield should be distributed to vault.
Implementation:
allow vault to claim profit in funds manager contract
create permissionless function ackRewards in vault contract
this function should claim profit in finds manager and use it to add some free funds to makers
this should update rate (grow it)
add ackRewards call to general housekeeping process
Expected returns:
protocol should have about equal distribution of traders and makers USDN funds (like 100k locked in free and 100k locked in locked)
so LP's will earn about 20% APR from this feature alone
Currently, all USDN in protocol is staked to Vires. This is safe, because you can not borrow USDN currenty. It provides an attractive additional yield source of ~10% APY. This yield should be distributed to vault.
Implementation:
ackRewardsin vault contractackRewardscall to general housekeeping processExpected returns: