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add Defillama adapter fountain-fi #10162

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jasm1n33
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NOTE

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


  • If you would like to add a volume adapter please submit the PR here.
  • If you would like to add a liquidations adapter, please refer to this readme document for details.
  1. Once your adapter has been merged, it takes time to show on the UI. If more than 24 hours have passed, please let us know in Discord.
  2. Sorry, We no longer accept fetch adapter for new projects, we prefer the tvl to computed from blockchain data, if you have trouble with creating a the adapter, please hop onto our discord, we are happy to assist you.
  3. Please fill the form below only if the PR is for listing a new protocol else it can be ignored/replaced with reason/details about the PR
  4. For updating listing info It is a different repo, you can find your listing in this file: https://github.com/DefiLlama/defillama-server/blob/master/defi/src/protocols/data2.ts, you can edit it there and put up a PR
  5. Do not edit/push package-lock.json file as part of your changes, we use lockfileVersion 2, and most use v1 and using that messes up our CI
  6. No need to go to our discord and announce that you've created a PR, we monitor all PRs and will review it asap

Name (to be shown on DefiLlama):

Fountain.Finance

Twitter Link:

https://twitter.com/Fountain_Sui

List of audit links if any:

https://github.com/Fountain-Fi/contract/tree/main/audit

Website Link:

https://fountainxyz.com/#How

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

1000px copy

Current TVL:

13.83 M

Treasury Addresses (if the protocol has treasury)
Chain:

Sui

Coingecko ID (so your TVL can appear on Coingecko, leave empty if not listed):
Coinmarketcap ID (so your TVL can appear on Coinmarketcap, leave empty if not listed):
Short Description (to be shown on DefiLlama):

Fountain Finance is the asset-distributing system on Sui Network. It allocates different amounts of assets to token stakers with a flexible and dynamic design.

Token address and ticker if any:
Category (full list at https://defillama.com/categories) *Please choose only one:

Yield

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):

total staked sBUCK token amount, which can be redeemed to BUCK token

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

@llamatester
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The adapter at projects/fountain-fi exports TVL:

sui                       13.82 M

total                    13.82 M 

@g1nt0ki
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g1nt0ki commented May 10, 2024

hi @jasm1n33 thanks for the PR

I am bit confused what fountain fi does, and how it is different from sparkling protocol. So, all the users who have staked BUCK to get sBUCK have deposited all those sBUCK into your protocol?

@g1nt0ki g1nt0ki self-assigned this May 10, 2024
@jasm1n33
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Hi @g1nt0ki,

Anyone can create a reward pool and add rewards to it on Fountain fi, which is a permissionless process. Users can stake tokens into the pool and consequently earn rewards.

@g1nt0ki
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g1nt0ki commented May 11, 2024

yes, but who is rewarding them SUI for staking sBUCK?

@jasm1n33
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Anyone can provide SUI rewards for the reward pool in Fountain. Currently, the creator of the sBUCK pool is providing SUI rewards to the pool.

@g1nt0ki
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g1nt0ki commented May 13, 2024

@jasm1n33 refactored and merged here:

#10193

showing it as staking instead of tvl

@g1nt0ki g1nt0ki closed this May 13, 2024
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3 participants