This repository contains the smart contracts source code and markets configuration for Wevest Protocol V1. The repository uses Hardhat as development enviroment for compilation, testing and deployment tasks.
The wevest protocol is an innovative lending protocol that can return profits to both borrowers and lenders by utilizing 'the Use Right Delegated Interest Rate Structure'. The wevest protocol is a 100% DAO operated by smart contracts, and all processes such as loans, repayments, and risk management are processed without human intervention.
The wevest protocol has the functions to implement a loan with three characteristics: 1) interest free, 2) no maturity, and 3) leverage, and its structure is different from the general lending protocol. The biggest difference in terms of technology can be summarized in three ways: interest rate model, liquidity pool management, and risk management.
The documentation of Wevest V1 is in the following Wevest V1 documentation link. At the documentation you can learn more about the protocol.
Follow the next steps to setup the repository:
- Install
node.js & npmand Runnpm install - Create an enviroment file named
.envand fill the next enviroment variables
# Mnemonic, only first address will be used
MNEMONIC=
# Add Infura provider keys, alchemy takes preference at the config level
INFURA_KEY=
# Optional Etherscan key, for automatize the verification of the contracts at Etherscan
ETHERSCAN_KEY=
npm run compile
npm run test
Kei Nakano