Deep Dive

ShieldPayoutDAO contract

This contract plays a role only after a loan market is closed. It’s main purpose is to handle SToken and UToken payouts.

Dao-only

Function	Params	Description
initialize	LSTcontract, currencyDao, marketDao	Called only by the ProtocolDao, but initiated by the Deployer. Stores the following information LST Token contract address CurrencyDao address MarketDao address
register_shield_market	currency, expiry, underlying, strike_price	Called only by the MarketDao.

Common

Function	Params	Description
exercise_s	currency, expiry, underlying, strike_price, X	Transfers a payout to the caller in LCurrency for X STokens for the given currency, expiry, underlying, and strike_price. Note: The SToken has to have expired in order for payout to occur.
exercise_u	currency, expiry, underlying, strike_price, X	Transfers a payout to the caller in LCurrency for X UTokens for the given currency, expiry, underlying, and strike_price. Note: The UToken has to have expired in order for payout to occur.

Escape-hatch

Function	Params	Description
pause	-	Pauses all operations of the contract.
unpause	-	Resumes all operations of the contract.
escape_hatch_erc20	address, is_LERC20	Transfers the entire contract balance of ERC20 or LERC20 token with the given address to the Escape Hatch Token Holder wallet.
escape_hatch_mft	mft_type, currency, expiry, underlying, strike_price	Transfers the entire contract balance of the given type of MFT with the ID represented by the given currency, expiry, underlying, and strike_price. Eg, Inputs for ITokens : I, currency, expiry, ZERO_ADDRESS, 0 Inputs for FTokens : F, currency, expiry, ZERO_ADDRESS, 0 Inputs for STokens : S, currency, expiry, underlying, strike_price Inputs for UTokens : U, currency, expiry, underlying, strike_price