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Master Chef Farm

SushiSwap developed a yield farming implementation for multiple farms on the same smart contract called MasterChef during DeFi Summer 2020. It quickly became a very popular way to incentivize liquidity providers to provide their assets to SushiSwap, pulling liquidity away from Uniswap V2 in the process. This event was referred to as the SushiSwap Vampire Attack.

Each of farm on a MasterChef contract is called a pool (not to be confused with an decentralized exchange pool). Each pool has a token that can be accepted as a deposit, and one or more tokens that are emitted as a reward as a claimable amount to the yield farmers.

Using the MasterChefFarmContractPositionHelper

The MasterChefFarmContractPositionHelper helper class can be used to build a list of ContractPosition objects that represent farms on a MasterChef fork contract. In this example, we'll look at Stargate LP token staking. We'll also look at SushiSwap MasterChefV2 LP token staking to complement the lesson.

Stargate enables cross-chain bridging by incentivizing stablecoin holders on different L1s and L2s to pool their assets. In return for pooling their assets, these liquidity providers receive LP tokens that represent their positions. These LP tokens can be staked in the Stargate MasterChef contract to earn STG rewards.

First, let's generate a new contract position fetcher with yarn studio create-contract-position-fetcher stargate. When prompted for a group, select Create New, then enter farm as the ID and Farms as the label. When prompted for a network, select arbitrum.

Let's now open up our newly generator boilerplate in src/apps/synthetix/arbitrum/stargate.farm.contract-position-fetcher.ts:

import { Inject } from "@nestjs/common";

import { IAppToolkit, APP_TOOLKIT } from "~app-toolkit/app-toolkit.interface";
import { Register } from "~app-toolkit/decorators";
import { PositionFetcher } from "~position/position-fetcher.interface";
import { ContractPosition } from "~position/position.interface";
import { Network } from "~types/network.interface";

import { StargateContractFactory } from "../contracts";
import { STARGATE_DEFINITION } from "../stargate.definition";

const appId = STARGATE_DEFINITION.id;
const groupId = STARGATE_DEFINITION.groups.farm.id;
const network = Network.ARBITRUM_MAINNET;

@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return [];
}
}

Reference the helper class through the AppToolkit

We'll use the MasterChefFarmContractPositionHelper helper class registered in our AppToolkit to quickly build the farm contract positions. We'll call the getPositions method on this helper class.

@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions(
{
// ...
}
);
}
}

Add appId, groupId, and network parameters

We'll specify our appId, groupId, and network identifiers. These should match the values specified in the @Register.ContractPositionFetcher decorator.

@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions(
{
network: Network.ARBITRUM_MAINNET,
appId: STARGATE_DEFINITION.id,
groupId: STARGATE_DEFINITION.groups.farm.id,
// ...
}
);
}
}

Add dependencies parameter

We'll use the dependencies parameter to specify which token groups are required as dependencies for building this set of contract positions. In the case of Stargate farms, the user deposits Stargate Pool tokens into the farms, so we'll reference this app group in the dependencies array.

@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions(
{
network: Network.ARBITRUM_MAINNET,
appId: STARGATE_DEFINITION.id,
groupId: STARGATE_DEFINITION.groups.farm.id,
dependencies: [
{
appId: STARGATE_DEFINITION.id,
groupIds: [STARGATE_DEFINITION.groups.pool.id],
network,
},
],
// ...
}
);
}
}

Add address parameter

The address is the deployed address of the MasterChef fork contract. On Arbitrum, the contract is deployed here. Let's go ahead and add this property:

@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions(
{
address: "0xea8dfee1898a7e0a59f7527f076106d7e44c2176",
network: Network.ARBITRUM_MAINNET,
appId: STARGATE_DEFINITION.id,
groupId: STARGATE_DEFINITION.groups.farm.id,
dependencies: [
{
appId: STARGATE_DEFINITION.id,
groupIds: [STARGATE_DEFINITION.groups.pool.id],
network,
},
],
// ...
}
);
}
}

Add resolveContract parameter

We'll need to know what contract to use to make requests to the chef address. Grab the ABI JSON from here, then put it in src/apps/stargate/contracts/abi/stargate-master-chef.json. Next, run pnpm studio generate:contract-factory stargate to rebuild the contract factory.

Now, we'll reference StargateMasterChef as a generic to the getPositions call, allowing us to safely type our resolveContract callback. Let's see what this looks like:

// ...
import { StargateMasterChef } from "../contracts";
// ...

@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions<StargateMasterChef>(
{
address: "0xea8dfee1898a7e0a59f7527f076106d7e44c2176",
network: Network.ARBITRUM_MAINNET,
appId: STARGATE_DEFINITION.id,
groupId: STARGATE_DEFINITION.groups.farm.id,
dependencies: [
{
appId: STARGATE_DEFINITION.id,
groupIds: [STARGATE_DEFINITION.groups.pool.id],
network,
},
],
resolveFactoryContract: ({ address, network }) =>
this.stargateContractFactory.stargateMasterChef({ address, network }),
// ...
}
);
}
}

Add resolvePoolLength parameter

We'll use the resolvePoolLength parameter to define how our helper class will retrieve the number of farming pools. In our case, we'll call the poolLength method on the chef contract.

@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions<StargateMasterChef>(
{
address: "0xea8dfee1898a7e0a59f7527f076106d7e44c2176",
network: Network.ARBITRUM_MAINNET,
appId: STARGATE_DEFINITION.id,
groupId: STARGATE_DEFINITION.groups.farm.id,
dependencies: [
{
appId: STARGATE_DEFINITION.id,
groupIds: [STARGATE_DEFINITION.groups.pool.id],
network,
},
],
resolveFactoryContract: ({ address, network }) =>
this.stargateContractFactory.stargateMasterChef({ address, network }),
resolvePoolLength: ({ multicall, contract }) =>
multicall.wrap(contract).poolLength(),
// ...
}
);
}
}

Add resolveDepositTokenAddress parameter

We'll use the resolveDepositTokenAddress parameter to define how our helper class will resolve the staked token address for a given pool index. In our case, we'll call the poolInfo method with the pool index, and return the lpToken value from the result.

@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions<StargateMasterChef>(
{
address: "0xea8dfee1898a7e0a59f7527f076106d7e44c2176",
network: Network.ARBITRUM_MAINNET,
appId: STARGATE_DEFINITION.id,
groupId: STARGATE_DEFINITION.groups.farm.id,
dependencies: [
{
appId: STARGATE_DEFINITION.id,
groupIds: [STARGATE_DEFINITION.groups.pool.id],
network,
},
],
resolveFactoryContract: ({ address, network }) =>
this.stargateContractFactory.stargateMasterChef({ address, network }),
resolvePoolLength: ({ multicall, contract }) =>
multicall.wrap(contract).poolLength(),
resolveDepositTokenAddress: ({ poolIndex, contract, multicall }) =>
multicall
.wrap(contract)
.poolInfo(poolIndex)
.then((v) => v.lpToken),
// ...
}
);
}
}

Add resolveRewardTokenAddresses parameter

We'll use the resolveRewardTokenAddresses parameter to define how our helper class will resolve the reward token address for a given pool index. In our case, the reward is always the STG token, so we'll call the stargate method on the farm contract.

@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions<StargateMasterChef>(
{
address: "0xea8dfee1898a7e0a59f7527f076106d7e44c2176",
network: Network.ARBITRUM_MAINNET,
appId: STARGATE_DEFINITION.id,
groupId: STARGATE_DEFINITION.groups.farm.id,
dependencies: [
{
appId: STARGATE_DEFINITION.id,
groupIds: [STARGATE_DEFINITION.groups.pool.id],
network,
},
],
resolveFactoryContract: ({ address, network }) =>
this.stargateContractFactory.stargateMasterChef({ address, network }),
resolvePoolLength: ({ multicall, contract }) =>
multicall.wrap(contract).poolLength(),
resolveDepositTokenAddress: ({ poolIndex, contract, multicall }) =>
multicall
.wrap(contract)
.poolInfo(poolIndex)
.then((v) => v.lpToken),
resolveRewardTokenAddresses: ({ multicall, contract }) =>
multicall.wrap(contract).stargate(),
// ...
}
);
}
}

In MasterChef V2, there is optionally a bonus reward token emitted by a separate contract called a Rewarder. We can use the MasterChefV2ClaimableTokenStrategy to resolve reward token addresses for this case.

  • resolvePrimaryClaimableToken: Resolves the reward token emitted by the MasterChef contract
  • resolveRewarderAddress: Resolves the contract address of the rewarder that emits one or more bonus tokens.
  • resolveRewarderContract: Resolves the typed Ether.js contract to be used to make requests to the rewarder contract.
  • resolveSecondaryClaimableToken: Resolves the reward token emitted by the Rewarder contract.

Here's an example in the case of SushiSwap:

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions<SushiSwapV2MasterChef>({
// ...
resolveRewardTokenAddresses: this.masterChefRewarderClaimableTokenStrategy.build<
SushiSwapMasterChefV2,
SushiSwapMasterChefV2Rewarder
>({
resolvePrimaryClaimableToken: ({ multicall, contract }) => multicall.wrap(contract).SUSHI(),
resolveRewarderAddress: ({ multicall, contract, poolIndex }) => multicall.wrap(contract).rewarder(poolIndex),
resolveRewarderContract: ({ network, rewarderAddress }) =>
this.contractFactory.sushiSwapRewarder({ address: rewarderAddress, network }),
resolveSecondaryClaimableToken: ({ multicall, poolIndex, rewarderContract }) =>
multicall
.wrap(rewarderContract)
.pendingTokens(poolIndex, ZERO_ADDRESS, 0)
.then(v => v.rewardTokens[0]),
}),
// ...
});
}

Add resolveRewardRate and rewardRateUnit parameters

We'll use the resolveRewardRate and rewardRateUnit parameters to define how our helper class will resolve the rate of reward emissions per block or per second for a given pool index.

MasterChef works by assigning weights called allocation points to each pool in the contract. One reward rate is defined in the contract, and this is divided up across the pools by weight.

We'll use the MasterChefDefaultRewardRateStrategy strategy class in this case.

  • resolvePoolAllocPoints: Resolves the allocation points for the given pool index
  • resolveTotalAllocPoints: Resolve the total allocation points for all pools in the contract
  • resolveTotalRewardRate: Resolves the total reward rate distributed across all the pools in the contract
@Register.ContractPositionFetcher({ appId, groupId, network })
export class ArbitrumStargateFarmContractPositionFetcher
implements PositionFetcher<ContractPosition>
{
constructor(
@Inject(APP_TOOLKIT) private readonly appToolkit: IAppToolkit,
@Inject(StargateContractFactory)
private readonly stargateContractFactory: StargateContractFactory
) {}

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions<StargateMasterChef>(
{
address: "0xea8dfee1898a7e0a59f7527f076106d7e44c2176",
network: Network.ARBITRUM_MAINNET,
appId: STARGATE_DEFINITION.id,
groupId: STARGATE_DEFINITION.groups.farm.id,
dependencies: [
{
appId: STARGATE_DEFINITION.id,
groupIds: [STARGATE_DEFINITION.groups.pool.id],
network,
},
],
resolveFactoryContract: ({ address, network }) =>
this.stargateContractFactory.stargateMasterChef({ address, network }),
resolvePoolLength: ({ multicall, contract }) =>
multicall.wrap(contract).poolLength(),
resolveDepositTokenAddress: ({ poolIndex, contract, multicall }) =>
multicall
.wrap(contract)
.poolInfo(poolIndex)
.then((v) => v.lpToken),
resolveRewardTokenAddresses: ({ multicall, contract }) =>
multicall.wrap(contract).stargate(),
rewardRateUnit: RewardRateUnit.BLOCK,
resolveRewardRate:
this.appToolkit.helpers.masterChefDefaultRewardsPerBlockStrategy.build(
{
resolvePoolAllocPoints: async ({
poolIndex,
contract,
multicall,
}) =>
multicall
.wrap(contract)
.poolInfo(poolIndex)
.then((v) => v.allocPoint),
resolveTotalAllocPoints: ({ multicall, contract }) =>
multicall.wrap(contract).totalAllocPoint(),
resolveTotalRewardRate: ({ multicall, contract }) =>
multicall.wrap(contract).stargatePerBlock(),
}
),
}
);
}
}

In MasterChef V2, the Rewarder contract mentioned in the previous section also has a reward rate for the bonus reward token. We can use MasterChefV2RewardRateStrategy to resolve the primary and secondary reward token reward rates.

  • resolvePoolAllocPoints: Resolves the allocation points for the primary reward token for the given pool index
  • resolveTotalAllocPoints: Resolve the total allocation points for the the primary reward token for all pools in the contract
  • resolvePrimaryTotalRewardRate: Resolves the total reward rate for the primary reward token
  • resolveRewarderAddress: Resolves the contract address of the rewarder that emits one or more bonus tokens.
  • resolveRewarderContract: Resolves the typed Ether.js contract to be used to make requests to the rewarder contract.
  • resolveSecondaryTotalRewardRate: Resolves the reward rate for the bonus reward token

Here's an example in the case of SushiSwap:

async getPositions() {
return this.appToolkit.helpers.masterChefContractPositionHelper.getContractPositions<SushiSwapV2MasterChef>({
// ...
resolveRewardRate: this.appToolkit.helpers.masterChefV2RewardRateStrategy.build<
SushiSwapMasterChefV2,
SushiSwapMasterChefV2Rewarder
>({
resolvePoolAllocPoints: async ({ poolIndex, contract, multicall }) =>
multicall
.wrap(contract)
.poolInfo(poolIndex)
.then(v => v.allocPoint),
resolveTotalAllocPoints: ({ multicall, contract }) => multicall.wrap(contract).totalAllocPoint(),
resolvePrimaryTotalRewardRate: async ({ multicall, contract }) => multicall.wrap(contract).sushiPerBlock(),
resolveRewarderAddress: ({ multicall, contract, poolIndex }) =>
multicall
.wrap(contract)
.poolInfo(poolIndex)
.then(v => v.rewarder),
resolveRewarderContract: ({ network, rewarderAddress }) =>
this.contractFactory.sushiSwapMasterChefV2Rewarder({ address: rewarderAddress, network }),
resolveSecondaryTotalRewardRate: async ({ multicall, rewarderContract }) =>
multicall
.wrap(rewarderContract)
.rewardPerSecond()
.catch(() => '0'),
}),
// ...
});
}

We're done!