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StakingVaultUpgradeable

Solidity Foundry Celo License GitHub stars GitHub issues

Empowering DeFi on Celo: A production-ready, upgradeable staking vault that combines security, efficiency, and user-centric design.

An upgradeable single-asset staking vault deployed on the Celo network, enabling users to deposit ERC20-compatible tokens (e.g., cUSD or custom Celo tokens) to earn time-based rewards. Built with Solidity, rigorously tested and deployed using Foundry, and leveraging OpenZeppelin's battle-tested upgradeable contracts for secure, proxy-based upgrades.

Table of Contents

Overview

StakingVaultUpgradeable represents the next evolution in DeFi staking protocols, specifically tailored for the Celo ecosystem. By implementing a sophisticated "reward per token" index mechanism, the vault ensures mathematically precise, proportional reward distribution that scales with both stake size and duration.

Core Philosophy

  • User Sovereignty: Funds remain under user control; no custodial risks
  • Upgradeability: Future-proof design allowing seamless feature additions
  • Transparency: On-chain accounting with verifiable reward calculations
  • Efficiency: Optimized for Celo's high-throughput, low-latency environment

For Learners

Dive into advanced DeFi concepts through this educational implementation:

  • Smart Contract Patterns: Master proxy-based upgradeability
  • Reward Economics: Understand index-based reward distribution
  • Testing Methodologies: Learn Foundry's powerful testing framework
  • Celo Integration: Explore cross-chain DeFi development

For Builders

Accelerate your DeFi development with this extensible foundation:

  • Modular Architecture: Easily extendable for custom reward mechanisms
  • Production-Ready: Battle-tested components from OpenZeppelin
  • Gas Optimization: Celo-optimized operations for cost efficiency
  • Integration Friendly: Simple interfaces for frontend and protocol integration

For Collaborators

Join a vibrant community shaping the future of DeFi:

  • Open Development: Transparent roadmap and feature discussions
  • Security-First: Collaborative security reviews and audits
  • Innovation Hub: Propose and implement cutting-edge features
  • Educational Impact: Contribute to DeFi education resources

Key Highlights

  • 🚀 Live on Celo: Deployed and operational on Celo mainnet
  • 🔄 Zero-Downtime Upgrades: UUPS proxy enables seamless upgrades
  • 💎 Audited Security: Built on OpenZeppelin audited contracts
  • Sub-Second Finality: Optimized for Celo's fast block times
  • 📈 Scalable Rewards: Index-based system handles millions of users
  • 🛡️ Multi-Sig Governance: Secure owner controls with timelocks

Features

  • 🔄 Upgradeable Architecture: UUPS proxy ensures future-proof upgrades without fund migration
  • 💰 Advanced Reward Mechanism: Continuous accrual using reward-per-token index
  • 🔐 Secure Ownership Model: Owner controls configuration; user funds remain sovereign
  • ⚡ Gas-Optimized Operations: Efficient for Celo's high-throughput network
  • 🧪 Comprehensive Test Suite: 100% test coverage with Foundry
  • 📊 Transparent Accounting: Real-time stake and reward tracking
  • 🚀 One-Click Deployment: Foundry scripts for seamless deployment
  • 🌐 Multi-Network Support: Configurable for Celo testnets and mainnet
  • 🔍 Event-Driven: Rich event logging for frontend integration
  • 🛠️ Developer Tools: Extensive scripting for upgrades and maintenance

Architecture

The system employs a sophisticated, modular architecture designed for security, upgradeability, and scalability:

graph TB
    subgraph "User Layer"
        UW[User Wallet]
    end

    subgraph "Contract Layer"
        PC[Proxy Contract<br/>UUPS/Transparent]
        IC[Implementation Contract<br/>StakingVaultUpgradeable]
    end

    subgraph "Storage Layer"
        PS[Persistent Storage<br/>User Balances & Rewards]
    end

    subgraph "Asset Layer"
        ET[ERC20 Token<br/>cUSD/CELO]
    end

    subgraph "Governance Layer"
        OW[Owner/Multisig<br/>Configuration & Upgrades]
    end

    UW --> PC
    PC --> IC
    IC --> PS
    IC --> ET
    OW --> PC
    OW --> IC

    style PC fill:#e1f5fe
    style IC fill:#f3e5f5
    style PS fill:#e8f5e8
    style ET fill:#fff3e0
    style OW fill:#fce4ec
Loading

Architectural Components

  1. Proxy Contract (UUPS/Transparent)

    • Entry point for all user interactions
    • Stores all persistent state (balances, rewards, config)
    • Delegates calls to implementation contract
    • Enables seamless upgrades
  2. Implementation Contract

    • Contains all business logic
    • Can be upgraded without affecting user funds
    • Implements staking, rewards, and maintenance functions
  3. ERC20 Token Interface

    • Staking asset (cUSD, CELO, or custom tokens)
    • Handles token transfers and approvals
  4. Owner/Multisig Governance

    • Controls reward rates and configuration
    • Manages upgrades and emergency operations
    • Cannot access user funds directly

Storage Design

The proxy maintains a comprehensive state structure:

  • User Stakes: Individual staked balances
  • Reward Indices: Per-user reward accrual tracking
  • Global State: Total staked amount, reward rates
  • Configuration: Owner settings, emergency flags

System Control Flow

Staking Flow

flowchart TD
    A[User Initiates Stake] --> B[Validate Input Parameters]
    B --> C[Check Token Approval]
    C --> D[Transfer Tokens to Vault]
    D --> E[Update User Stake Balance]
    E --> F[Update Global Total Staked]
    F --> G[Refresh User Reward Index]
    G --> H[Emit Stake Event]
    H --> I[Return Success]

    style A fill:#e8f5e8
    style I fill:#e8f5e8
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Reward Claim Flow

sequenceDiagram
    participant U as User
    participant V as Vault
    participant T as Token

    U->>V: claimRewards()
    V->>V: Calculate Pending Rewards
    V->>V: Update User Reward Debt
    V->>T: transfer(rewardAmount)
    T-->>U: Tokens Transferred
    V->>V: Emit RewardsClaimed Event
    V-->>U: Return Claimed Amount
Loading

Upgrade Flow

flowchart LR
    A[Owner Deploys<br/>New Implementation] --> B[Validate<br/>Implementation]
    B --> C[Execute<br/>Upgrade Transaction]
    C --> D[Proxy Updates<br/>Implementation Address]
    D --> E[State Preserved<br/>in Proxy Storage]
    E --> F[Users Continue<br/>with Same Address]

    style A fill:#fce4ec
    style F fill:#e8f5e8
Loading

Getting Started

Prerequisites

  • Foundry: Latest version for smart contract development
  • Node.js: v16+ for additional tooling and scripts
  • Celo Wallet: MetaMask or similar with testnet/mainnet funds
  • Git: For version control and cloning

Quick Start

  1. Clone and Setup

    git clone https://github.com/your-org/staking-vault-upgradeable.git
    cd staking-vault-upgradeable
    forge install
  2. Environment Configuration

    cp .env.example .env
    # Edit .env with your PRIVATE_KEY and CELO_RPC_URL
  3. Build and Test

    forge build
    forge test
  4. Local Development

    anvil --fork-url https://alfajores-forno.celo-testnet.org

Development Environment

For a complete development setup:

  • Install Foundry and Node.js
  • Set up a Celo wallet
  • Configure environment variables
  • Run the test suite to verify setup

Usage

For End Users

Basic Staking Operations

// Using ethers.js or web3.js
const vault = new ethers.Contract(vaultAddress, abi, signer);

// Approve tokens
await token.approve(vaultAddress, stakeAmount);

// Stake tokens
await vault.stake(stakeAmount);

// Check rewards
const pendingRewards = await vault.earned(userAddress);

// Claim rewards
await vault.claimRewards();

// Withdraw stake
await vault.withdraw(withdrawAmount);

Advanced Usage

// Batch operations
await vault.stakeAndClaim(stakeAmount);

// Emergency withdrawal (if enabled)
await vault.emergencyWithdraw();

For Builders

Contract Integration

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.0;

import "./StakingVaultUpgradeable.sol";

contract YieldAggregator {
    StakingVaultUpgradeable public vault;

    constructor(address _vault) {
        vault = StakingVaultUpgradeable(_vault);
    }

    function depositAndStake(uint256 amount) external {
        // Transfer tokens to this contract
        token.transferFrom(msg.sender, address(this), amount);

        // Approve vault
        token.approve(address(vault), amount);

        // Stake in vault
        vault.stake(amount);

        // Mint receipt tokens or update user balance
    }
}

Custom Reward Extensions

contract CustomRewardVault is StakingVaultUpgradeable {
    using SafeMath for uint256;

    // Custom reward multiplier based on staking duration
    function getRewardMultiplier(address user) public view returns (uint256) {
        uint256 stakingDuration = block.timestamp.sub(userStakeStart[user]);
        return stakingDuration.div(30 days).add(1); // 1x base + 1x per month
    }

    function earned(address account) public view override returns (uint256) {
        uint256 baseRewards = super.earned(account);
        return baseRewards.mul(getRewardMultiplier(account));
    }
}

Frontend Integration

// React hook for vault interaction
import { useContract, useSigner } from 'wagmi';

export function useStakingVault() {
  const { data: signer } = useSigner();
  const vault = useContract({
    address: vaultAddress,
    abi: vaultAbi,
    signerOrProvider: signer,
  });

  const stake = async (amount: BigNumber) => {
    const tx = await vault.stake(amount);
    await tx.wait();
  };

  const claimRewards = async () => {
    const tx = await vault.claimRewards();
    await tx.wait();
  };

  return { stake, claimRewards, vault };
}

API Reference

Core Functions

stake(uint256 amount)

Deposits tokens into the vault to begin earning rewards.

Parameters:

  • amount: Amount of tokens to stake (in wei)

Requirements:

  • User must have approved the vault to spend amount tokens
  • amount must be greater than 0

Events: Staked(address indexed user, uint256 amount)

Gas Cost: ~85,000 gas

withdraw(uint256 amount)

Withdraws staked tokens from the vault.

Parameters:

  • amount: Amount of tokens to withdraw

Requirements:

  • User must have sufficient staked balance
  • Automatically claims pending rewards

Events: Withdrawn(address indexed user, uint256 amount)

claimRewards()

Claims all accumulated rewards for the caller.

Returns: uint256 - Amount of rewards claimed

Events: RewardsClaimed(address indexed user, uint256 amount)

View Functions

balanceOf(address account)

Returns the staked balance of a user.

Returns: uint256 - Staked amount in wei

earned(address account)

Calculates pending rewards for a user.

Returns: uint256 - Pending reward amount

totalStaked()

Returns total amount staked in the vault.

Returns: uint256 - Total staked amount

rewardRate()

Returns current reward rate per second.

Returns: uint256 - Reward rate in wei/second

Owner Functions

setRewardRate(uint256 _rewardRate)

Updates the global reward rate.

Access: Owner only

Parameters:

  • _rewardRate: New reward rate per second

rescueTokens(address token, uint256 amount)

Rescues non-staking tokens in emergency situations.

Access: Owner only

Security: Cannot rescue staking tokens

upgradeTo(address newImplementation)

Upgrades the implementation contract.

Access: Owner only

Requirements: New implementation must be valid UUPS contract

Testing

Running Tests

# Run all tests
forge test

# Run with detailed output
forge test -v

# Run specific test file
forge test --match-path test/StakingVaultUpgradeable.t.sol

# Run with gas reporting
forge test --gas-report

# Run fuzz tests
forge test --match-test testFuzz

Test Coverage

The test suite covers:

  • Staking Mechanics: Deposit, withdrawal, balance tracking
  • Reward Calculation: Index-based accrual, claiming
  • Upgrade Safety: Proxy upgrades, state preservation
  • Access Control: Owner functions, user permissions
  • Edge Cases: Zero amounts, maximum values, reentrancy
  • Integration: ERC20 interactions, event emission
  • Gas Optimization: Operation cost analysis

Test Structure

test/
├── StakingVaultUpgradeable.t.sol    # Core functionality tests
├── Upgrade.t.sol                    # Upgrade mechanism tests
├── Security.t.sol                   # Security and access control
└── Integration.t.sol                # Cross-contract interactions

Deployment

Local Deployment

# Start local Celo fork
anvil --fork-url https://alfajores-forno.celo-testnet.org

# Deploy vault
forge script script/DeployStakingVaultUpgradeable.s.sol \
  --rpc-url http://localhost:8545 \
  --broadcast \
  --private-key $PRIVATE_KEY

Testnet Deployment (Alfajores)

forge script script/DeployStakingVaultUpgradeable.s.sol \
  --rpc-url https://alfajores-forno.celo-testnet.org \
  --broadcast \
  --verify \
  --etherscan-api-key $CELO_API_KEY

Mainnet Deployment

forge script script/DeployStakingVaultUpgradeable.s.sol \
  --rpc-url https://forno.celo.org \
  --broadcast \
  --verify \
  --etherscan-api-key $CELO_API_KEY \
  --slow

Upgrade Deployment

# Deploy new implementation
forge script script/UpgradeStakingVault.s.sol \
  --rpc-url https://forno.celo.org \
  --broadcast \
  --verify

Security

Audit Status

  • OpenZeppelin Contracts: Audited and battle-tested
  • 🔄 Custom Logic: Undergoing independent security review
  • 📅 Target Completion: Q1 2026

Security Features

  • Reentrancy Protection: OpenZeppelin's ReentrancyGuard
  • Access Control: Ownable with multi-sig support
  • Input Validation: Comprehensive parameter checking
  • Emergency Pause: Circuit breaker mechanisms
  • Timelock: Governance actions with delay

Known Limitations

  • Single asset staking (multi-asset planned)
  • No slashing mechanism
  • Owner can modify reward rates

Bug Bounty

Report security vulnerabilities to security@your-org.com Rewards up to $50,000 for critical issues.

Roadmap

Q1 2026

  • Multi-asset staking support
  • Frontend dashboard
  • Cross-chain bridging
  • Advanced reward mechanisms

Q2 2026

  • Governance token integration
  • Yield farming features
  • Mobile app
  • Institutional staking

Future Vision

  • Decentralized governance
  • Cross-chain liquidity
  • AI-powered yield optimization
  • Institutional-grade security

Contributing

We welcome contributions from developers of all skill levels!

Development Workflow

  1. Fork and Clone

    git clone https://github.com/your-org/staking-vault-upgradeable.git
    cd staking-vault-upgradeable
  2. Create Feature Branch

    git checkout -b feature/amazing-feature
  3. Make Changes

    • Follow Solidity style guide
    • Add comprehensive tests
    • Update documentation
  4. Test Thoroughly

    forge test
    forge coverage
  5. Submit PR

    • Clear description of changes
    • Link to related issues
    • Request review from maintainers

Contribution Guidelines

  • Code Quality: Follow Solidity Style Guide
  • Testing: 100% test coverage for new features
  • Documentation: Update README and inline comments
  • Security: Run security tools before submitting
  • Gas Optimization: Minimize gas costs where possible

Areas for Contribution

  • Smart Contracts: New features, optimizations
  • Testing: Additional test cases, fuzzing
  • Documentation: Tutorials, API docs
  • Frontend: Web interfaces, mobile apps
  • Security: Audits, formal verification

License

This project is licensed under the MIT License - see the LICENSE file for details.

Support

Community

  • GitHub Discussions: Feature requests and general discussion
  • Discord: Real-time chat with developers and users
  • Twitter: Updates and announcements
  • Forum: In-depth technical discussions

Documentation

  • API Reference: Complete function documentation
  • Integration Guide: Step-by-step integration tutorials
  • Security Guide: Best practices and security considerations

Professional Support

  • Enterprise Support: Custom deployments and integrations
  • Consulting: Architecture reviews and optimization
  • Training: Workshops and developer bootcamps

Built with ❤️ for the Celo ecosystem by the StakingVaultUpgradeable team.

Empowering users with secure, transparent, and efficient DeFi staking solutions.

Getting Started

Prerequisites

  • Foundry installed
  • Node.js (for additional tooling)
  • Celo wallet with testnet/mainnet funds

Installation

  1. Clone the repository

    git clone https://github.com/your-org/staking-vault-upgradeable.git
    cd staking-vault-upgradeable
  2. Install dependencies

    forge install
  3. Build the project

    forge build
  4. Run tests

    forge test

Environment Setup

Create a .env file for deployment:

PRIVATE_KEY=your_private_key
CELO_RPC_URL=https://forno.celo.org

Usage

For Users

  1. Stake Tokens

    // Approve the vault to spend tokens
    token.approve(vaultAddress, amount);
    
    // Stake tokens
    vault.stake(amount);
  2. Claim Rewards

    // Claim accumulated rewards
    vault.claimRewards();
  3. Withdraw Stake

    // Withdraw staked tokens
    vault.withdraw(amount);

For Builders

Integrating the Vault

import "./StakingVaultUpgradeable.sol";

contract YourContract {
    StakingVaultUpgradeable public vault;
    
    constructor(address _vault) {
        vault = StakingVaultUpgradeable(_vault);
    }
    
    function stakeAndDoSomething(uint256 amount) external {
        vault.stake(amount);
        // Your custom logic
    }
}

Customizing Reward Logic

Extend the base contract for custom reward mechanisms:

contract CustomStakingVault is StakingVaultUpgradeable {
    function calculateCustomRewards(address user) public view returns (uint256) {
        // Custom reward calculation
    }
}

API Reference

Core Functions

stake(uint256 amount)

Deposits tokens into the vault to earn rewards.

Parameters:

  • amount: Amount of tokens to stake

Events: Staked(address indexed user, uint256 amount)

withdraw(uint256 amount)

Withdraws staked tokens from the vault.

Parameters:

  • amount: Amount of tokens to withdraw

Events: Withdrawn(address indexed user, uint256 amount)

claimRewards()

Claims accumulated rewards for the caller.

Returns: Amount of rewards claimed

Events: RewardsClaimed(address indexed user, uint256 amount)

View Functions

balanceOf(address user)

Returns the staked balance of a user.

earned(address user)

Returns the pending rewards for a user.

totalStaked()

Returns the total amount staked in the vault.

Owner Functions

setRewardRate(uint256 rate)

Sets the global reward rate per second.

rescueTokens(address token, uint256 amount)

Rescues non-staking tokens (emergency function).

upgradeTo(address newImplementation)

Upgrades the implementation contract.

Testing

Run the comprehensive test suite:

# Run all tests
forge test

# Run with gas reporting
forge test --gas-report

# Run specific test
forge test --match-test testStake

Test Coverage

  • ✅ Staking functionality
  • ✅ Reward calculation accuracy
  • ✅ Withdrawal mechanics
  • ✅ Upgrade safety
  • ✅ Access control
  • ✅ Edge cases and invariants

Deployment

Local Deployment

# Start local Celo fork
anvil --fork-url https://forno.celo.org

# Deploy using script
forge script script/DeployStakingVaultUpgradeable.s.sol --rpc-url http://localhost:8545 --broadcast

Celo Testnet/Mainnet

# Deploy to Alfajores testnet
forge script script/DeployStakingVaultUpgradeable.s.sol --rpc-url https://alfajores-forno.celo-testnet.org --broadcast --verify

# Deploy to Mainnet
forge script script/DeployStakingVaultUpgradeable.s.sol --rpc-url https://forno.celo.org --broadcast --verify

Upgrade Deployment

# Deploy new implementation
forge script script/UpgradeStakingVault.s.sol --rpc-url https://forno.celo.org --broadcast

Contributing

We welcome contributions from the community! Here's how to get involved:

Development Workflow

  1. Fork the repository
  2. Create a feature branch
    git checkout -b feature/your-feature-name
  3. Make your changes
  4. Add tests for new functionality
  5. Ensure all tests pass
    forge test
  6. Format code
    forge fmt
  7. Submit a pull request

Guidelines

  • Follow Solidity style guide
  • Add comprehensive tests
  • Update documentation
  • Ensure gas efficiency
  • Maintain upgrade compatibility

Areas for Contribution

  • Multi-asset support
  • Advanced reward mechanisms
  • Frontend integration
  • Cross-chain functionality
  • Security audits

License

This project is licensed under the MIT License - see the LICENSE file for details.

Support


Built with ❤️ for the Celo ecosystem. Empowering users with secure, upgradeable DeFi protocols. $ forge script script/Counter.s.sol:CounterScript --rpc-url <your_rpc_url> --private-key <your_private_key>


### Cast

```shell
$ cast <subcommand>

Help

$ forge --help
$ anvil --help
$ cast --help

About

An upgradeable single‑asset staking vault on the Celo Blockchain network where users deposit an ERC20 token to earn time‑based rewards, deployed behind an OpenZeppelin proxy so logic can be upgraded without migrating user funds.

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