Off chain votes to on chain data
Off chain vote results to on chain submission
Alluo carries out a votes on snapshot on a fortnightly basis. These include (as of writing) three different governance proposals.
1. Tokenomics rewards
2. Liquidity Direction (distributing treasury funds between yield opportunities)
3. Setting APY on IbAlluo farms.
This is triggered automatically by Github Actions.
DAO-automation/createProposals.ts at main · GetAlluo/DAO-automation
GitHub
Explore the creation script here
Here is an example below:
Example of a snapshot vote
- 1.Parameters for contract: This json object is decoded and then parsed (see below how this works)
- 2.Vote results : Since 5% APY has the most votes, that is what should be set on chain.
Once the votes are complete, the results are parsed as the script below.
DAO-automation/executeApyProposal.ts at main · GetAlluo/DAO-automation
GitHub
The results are parsed
Most importantly,
The commands from the paramters set inside each vote is encoded appropriately so that we can "encodeAllMessages()" and then "submitData()" correctly on chain. This is executed with a private key stored inside the automation.
executeApyProposal.ts
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if (winningParams.length > 0) {
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const commandIndexes = winningParams.map((x) => Number.parseInt(x.data.cmdIndex));
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const commands = winningParams.map((x) => x.data.cmd);
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const mainnetProvider = new ethers.providers.JsonRpcProvider(process.env.NODE_URL as string);
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let signer = Wallet.fromMnemonic(process.env.MNEMONIC as string);
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signer = new Wallet(signer.privateKey, mainnetProvider);
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const veMasterInterface = await ethers.getContractAt("IVoteExecutorMaster", voteExecutorMasterAddressMainnet);
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const veMaster = new Contract(voteExecutorMasterAddressMainnet, veMasterInterface.interface, signer);
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console.log("Tx sender address:", signer.address)
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const cmdEncoded = await veMaster.callStatic.encodeAllMessages(commandIndexes, commands);
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console.log("Message hash:", cmdEncoded.messagesHash);
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console.log("Trying to broadcast tx...");
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const tx = await veMaster.submitData(cmdEncoded.inputData);
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console.log("Tx is broadcasted on chainId", (await ethers.provider.getNetwork()).chainId, "txHash:", tx.hash);
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console.log("Waiting for tx confirmation...");
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await tx.wait();
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console.log("Tx is confirmed");
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}