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Add Stroom adapter: TVL = totalSupply(strBTC)/1e8 as bitcoin #15944

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Add Stroom adapter: TVL = totalSupply(strBTC)/1e8 as bitcoin #15944

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18 changes: 18 additions & 0 deletions projects/stroom/index.js
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Original file line number Diff line number Diff line change
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const STRBTC = '0xb2723d5df98689eca6a4e7321121662ddb9b3017'

async function tvl(api) {
const supply = await api.call({
abi: 'erc20:totalSupply',
target: STRBTC,
})
// supply in satoshi → convert to BTC
api.addCGToken('bitcoin', Number(supply) / 1e8)
}

module.exports = {
methodology: 'TVL equals the BTC backing strBTC. We read strBTC totalSupply (in satoshis) on Ethereum, divide by 1e8 to get BTC, and value it using the BTC price.',
start: 23045877,
ethereum: {
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can we please track the BTC collateral held on bitcoin instead?

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Proof of reserves oracle is coming in a month, pending oracle integration. Integration is not straightforward since our BTC reserves are stored in a Lightning Network node.

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We cant count this on ethereum or use the adapter in its current state. Please reopen a PR when the reserves are tracked

tvl,
},
}
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