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How EdenVest Works

EdenVest revolutionizes DeFi investing by providing fixed-term investment pools with guaranteed returns. Unlike traditional yield farming, EdenVest offers predictable outcomes through a sophisticated smart contract ecosystem.

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Investment Lifecycle

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Core Components

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1. Investment Pools

Each investment pool is an isolated smart contract with specific parameters:

Pool Configuration

  • Lock Duration: 7 days to 2 years
  • APY Rate: Fixed percentage returns
  • Min/Max Investment: Deposit limits
  • Utilization Cap: Total pool capacity

Pool Management

  • Multisig Control: Multi-signature governance
  • Admin Functions: Pool configuration updates
  • Emergency Controls: Pause/unpause capabilities
  • Tax Collection: Protocol fee handling

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2. LP Token Economics

When you invest, you receive LP (Liquidity Provider) tokens representing your share: 
// First investment in empty pool
lpTokens = investmentAmount  // 1:1 ratio

// Subsequent investments  
lpTokens = (investmentAmount × totalSupply) ÷ totalDeposited
Example:
  • You invest 1,000 cNGN in an empty pool → Get 1,000 LP tokens
  • Pool now has 1,000 cNGN total, 1,000 LP tokens total
  • Next investor deposits 500 cNGN → Gets 500 LP tokens
  • Pool now has 1,500 cNGN total, 1,500 LP tokens total

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3. NFT Position Tracking

Every investment is represented by a unique non-transferable NFT that displays:
  • Investment amount and expected returns
  • Time remaining until maturity
  • Pool name and APY rate
  • Dynamic progress bars
  • Status indicators (Active/Mature/Withdrawn)
  • Token ID and investment ID mapping
  • Deposit and maturity timestamps
  • LP token amounts
  • Pool contract address
  • Floating animations with CSS transforms
  • Color-changing progress bars
  • Pulsing effects for active investments
  • Nigerian-inspired design elements

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Return Calculation

EdenVest uses a simple interest formula for predictable returns: 
expectedReturn = (principal × APY × lockDuration) ÷ (10000 × 365 days)

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Examples

const principal = 1000; // 1000 cNGN
const apy = 1200; // 12% APY (1200 basis points)
const lockDuration = 30 * 24 * 60 * 60; // 30 days in seconds

const expectedReturn = (principal * apy * lockDuration) / (10000 * 365 * 24 * 60 * 60);
// expectedReturn = 9.86 cNGN
// Total at maturity = 1009.86 cNGN

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Token Swap Integration

EdenVest integrates Assetchain Swap for seamless token swapping:

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Swap Process

  1. Quote Generation: Get expected cNGN output amount
  2. Slippage Protection: Automatic slippage calculation (max 3%)
  3. Token Transfer: Move input tokens to SwapRouter
  4. Swap Execution: Execute trade via Assetchain Swap
  5. Investment Processing: Use output cNGN for investment

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Supported Features

Security Features

  • Rate limiting for quote requests
  • Maximum slippage protection
  • Failed swap tracking and limits
  • Emergency pause capabilities

Pool Fee Management

  • Custom fees per token pair
  • Default 0.3% fee tier
  • Support for 0.05%, 0.3%, and 1% tiers
  • Admin-configurable fee structures

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Tax Collection System

The protocol collects a configurable tax (default 2.5%) on all investments:

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Tax Mechanism

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Tax Configuration

  • Global Tax Rate: Protocol-wide default (2.5%)
  • Pool-Specific Tax: Pools can override global rate
  • LP Token Tax: Tax collected as LP tokens, not cNGN
  • Treasury Distribution: Periodic withdrawal to protocol treasury

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Governance & Security

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Multisig Governance

Critical operations require multiple signatures (minimum 2 of N):
  • Protocol Operations
  • Pool Operations
  • Pause/unpause protocol
  • Update global tax rates
  • Change protocol treasury
  • Emergency fund recovery
  • Add/remove multisig signers

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Proposal System

interface Proposal {
  id: number;
  proposalType: ProposalType;
  proposer: address;
  createdAt: timestamp;
  expiresAt: timestamp; // 2-day expiry
  executed: boolean;
  signatureCount: number;
  data: bytes; // Encoded function call
  description: string;
}
Proposal Lifecycle:
  1. Creation: Multisig signer creates proposal
  2. Signing: Other signers review and sign
  3. Auto-execution: Executes when threshold reached (2+ signatures)
  4. Expiry: Proposals expire after 2 days