USDU Finance - Core Smart Contracts

Core smart contract implementation for USDU Finance, a stablecoin protocol built on Ethereum. This repository contains the essential contracts for the USDU stablecoin, yield-generating vault adapters, and reward distribution system.

Overview

Key Components:

• USDU Stablecoin: ERC20 stablecoin with role-based governance
• Vault Adapters: TermMax, Morpho & Curve integrations for borrow & lending market and deep liquidity
• Reward System: Token distribution and staking rewards
• TermMax Integration: Advanced yield optimization strategies

Project Structure

contracts/
├── stablecoin/         # USDU stablecoin core implementation
├── vault/              # Vault adapters for yield generation
├── morpho/             # Morpho protocol integration
├── curve/              # Curve protocol integration
├── reward/             # Reward distribution system
└── test/               # Test contracts and utilities

Supported Networks:

• Mainnet (primary): Full protocol deployment with all contracts
• L2s (in discussion): Polygon, Arbitrum, Optimism, Base, Avalanche, Gnosis, Sonic

See exports/address.types.ts for complete chain configurations and exports/address.config.ts for deployed addresses.

Design Notes

• No permanent modules: every module set via Stablecoin.setModule / setModulePublic carries an expiredAt timestamp. There is no "forever" sentinel (e.g. type(uint256).max) — future deployments should bound expiredAt to a maxLifespan (e.g. 100yrs), which is effectively permanent in practice but keeps modules re-affirmable.

Quick Start

# Setup
yarn install
cp .env.example .env  # Configure your environment

# Development
yarn compile          # Compile contracts
yarn test            # Run tests
yarn coverage        # Test coverage

# Deployment
yarn deploy ignition/modules/StablecoinModule.ts --network mainnet --verify

# Package
yarn npm:build       # Build for npm
yarn npm:publish     # Publish package

Development Workflow

Environment Setup

Create .env file (see .env.example):

DEPLOYER_SEED="your mnemonic here"
DEPLOYER_SEED_INDEX=0
ALCHEMY_RPC_KEY=your_api_key
ETHERSCAN_API=your_api_key

Testing & Building

yarn test                    # All tests
yarn test test/Stablecoin.ts # Specific test
yarn coverage               # Coverage report

Deployment

Create deployment modules in /ignition/modules/ and parameter files in /ignition/params/:

yarn deploy ignition/modules/StablecoinModule.ts --network mainnet --verify --deployment-id USDU01

This compiles, deploys, and verifies contracts on Etherscan/Sourcify. Artifacts are saved to /ignition/deployments/.

Manual Verification:

npx hardhat verify --network mainnet --constructor-args ./ignition/constructor-args/$FILE.js $ADDRESS
npx hardhat ignition verify $DEPLOYMENT --include-unrelated-contracts

NPM Package

The package exports TypeScript ABIs and address configurations:

ABIs: exports/abis/ - Contract ABIs as TypeScript constants
Addresses: exports/address.config.ts - Deployed contract addresses by chain
Types: exports/address.types.ts - Chain configurations and type definitions

import { ADDRESS, StablecoinABI, MorphoAdapterV1ABI } from '@usdu-finance/usdu-core';

// Get mainnet addresses
const { usduStable, usduMorphoAdapterV1_2 } = ADDRESS[1];

// Use ABIs with contract instances
const stablecoin = new Contract(usduStable, StablecoinABI, provider);

Package Publishing

1. Update version in package.json (semantic versioning)
2. Build package: yarn npm:build (uses tsup config)
3. Publish: yarn npm:publish (requires npm login)

Next.js Integration:

// next.config.js
module.exports = {
	transpilePackages: ['@usdu-finance/usdu-core'],
};