aded sparkling adapter

[Jarekkkkk]

NOTE

Please enable "Allow edits by maintainers" while putting up the PR.

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Name (to be shown on DefiLlama):

Sparkling Finance

Twitter Link:

https://twitter.com/SparklingF92798

List of audit links if any:

https://github.com/Sparkling-Finance/contract/blob/main/audit/Sparkling%20Finance%20Audit%20Report.pdf

Website Link:

https://sparkling-frontend-v1.vercel.app/

Logo (High resolution, will be shown with rounded borders):

Current TVL:

12.24 M

Treasury Addresses (if the protocol has treasury)

Chain:

sui

Coingecko ID (so your TVL can appear on Coingecko, leave empty if not listed): (https://api.coingecko.com/api/v3/coins/list)

Coinmarketcap ID (so your TVL can appear on Coinmarketcap, leave empty if not listed): (https://api.coinmarketcap.com/data-api/v3/map/all?listing_status=active,inactive,untracked&start=1&limit=10000)

Short Description (to be shown on DefiLlama):

Sparkling Finance ensures the safety of sBUCK and BUCK for
Bucket Protocol on SuiNetwork

Token address and ticker if any:

Category (full list at https://defillama.com/categories) *Please choose only one:

Liquid Restaking

Oracle Provider(s): Specify the oracle(s) used (e.g., Chainlink, Band, API3, TWAP, etc.):

Implementation Details: Briefly describe how the oracle is integrated into your project:

Documentation/Proof: Provide links to documentation or any other resources that verify the oracle's usage:

forkedFrom (Does your project originate from another project):

methodology (what is being counted as tvl, how is tvl being calculated):

staked BUCK token

Github org/user (Optional, if your code is open source, we can track activity):

[llamatester]

The adapter at projects/sparkling exports TVL:

sui                       12.27 M

total                    12.27 M 

[g1nt0ki]

how is sparkling involved in sBUCk? bucket protocols seems to have implemented it: https://app.bucketprotocol.io/sbuck

[Jarekkkkk]

how is sparkling involved in sBUCk? bucket protocols seems to have implemented it: https://app.bucketprotocol.io/sbuck

so our protocol is to provide some staking feature for the kinds of yield bearing assets. We help bucket protocol do the yield bearing feature for their BUCK with accumulated interest fees. our site will be launched soon

[g1nt0ki]

yeah, but the current contract belongs to bucket protocol right?

[Jarekkkkk]

https://github.com/Sparkling-Finance/contract/tree/main/audit

yes, so Bucket team built sBUCK contract first but we will have a generalized contract to accept any coin and create sCoin in our protocol in the future. We've already move the codebase to our protocol and update the audit report, kindly take a look

[g1nt0ki]

sorry, we cant count BUCK in bucket protocol's contract as your tvl. Please reach out once you are in production with your contracts and tvl

[Jarekkkkk]

sorry, we cant count BUCK in bucket protocol's contract as your tvl. Please reach out once you are in production with your contracts and tvl

Excuse me sir, may I ask the reasons why we can't count BUCK as TVL? since our contract is responsible for providing yield bearing feature for any underlying tokens. Is it because we can't count resatking assets to TVL ?

[g1nt0ki]

sorry, we cant count BUCK in bucket protocol's contract as your tvl. Please reach out once you are in production with your contracts and tvl

Excuse me sir, may I ask the reasons why we can't count BUCK as TVL? since our contract is responsible for providing yield bearing feature for any underlying tokens. Is it because we can't count resatking assets to TVL ?

are you claiming that your team deployed and maintaining this and not bucket team? 0xc6ecc9731e15d182bc0a46ebe1754a779a4bfb165c201102ad51a36838a1a7b8

[Jarekkkkk]

sorry, we cant count BUCK in bucket protocol's contract as your tvl. Please reach out once you are in production with your contracts and tvl

Excuse me sir, may I ask the reasons why we can't count BUCK as TVL? since our contract is responsible for providing yield bearing feature for any underlying tokens. Is it because we can't count resatking assets to TVL ?

are you claiming that your team deployed and maintaining this and not bucket team? 0xc6ecc9731e15d182bc0a46ebe1754a779a4bfb165c201102ad51a36838a1a7b8

yes, the Bucket team is the first client of our re-staking service. We recognized the potential of Buck as yield-bearing tokens by distributing their fee revenue to users to become sDAI on Sui. The contract and SDK are handled from our side, but they have an urgent need for an ongoing incentive program, so they released the feature on their site ahead of us.

[g1nt0ki]

sorry, we cant count BUCK in bucket protocol's contract as your tvl. Please reach out once you are in production with your contracts and tvl

Excuse me sir, may I ask the reasons why we can't count BUCK as TVL? since our contract is responsible for providing yield bearing feature for any underlying tokens. Is it because we can't count resatking assets to TVL ?

are you claiming that your team deployed and maintaining this and not bucket team? 0xc6ecc9731e15d182bc0a46ebe1754a779a4bfb165c201102ad51a36838a1a7b8

yes, the Bucket team is the first client of our re-staking service. We recognized the potential of Buck as yield-bearing tokens by distributing their fee revenue to users to become sDAI on Sui. The contract and SDK are handled from our side, but they have an urgent need for an ongoing incentive program, so they released the feature on their site ahead of us.

can you show some proof of this?

[Jarekkkkk]

sorry, we cant count BUCK in bucket protocol's contract as your tvl. Please reach out once you are in production with your contracts and tvl

Excuse me sir, may I ask the reasons why we can't count BUCK as TVL? since our contract is responsible for providing yield bearing feature for any underlying tokens. Is it because we can't count resatking assets to TVL ?

are you claiming that your team deployed and maintaining this and not bucket team? 0xc6ecc9731e15d182bc0a46ebe1754a779a4bfb165c201102ad51a36838a1a7b8

yes, the Bucket team is the first client of our re-staking service. We recognized the potential of Buck as yield-bearing tokens by distributing their fee revenue to users to become sDAI on Sui. The contract and SDK are handled from our side, but they have an urgent need for an ongoing incentive program, so they released the feature on their site ahead of us.

can you show some proof of this?

yes, so suiVision has already verified the package from Sparkling.finance

Also Bucket team has mentioned sparkling.finance in their latest interface.

let me know if you still need anything 🙌

[llamatester]

The adapter at projects/sparkling exports TVL:

sui                       12.33 M

total                    12.33 M 

[g1nt0ki]

thanks for the details (and patience), will be listed soon :)