Coil (code name uFragments) is a decentralized elastic supply protocol that is inspired by Ampleforth. It maintains a stable unit price by adjusting supply directly to and from wallet holders.

The main difference between Coil and Ampleforth is supply distribution and the rebase period. Namely, Coil is a more fair and decentralized protocol with a majority of its supply being used for the initial distribution and liquidity pools. Rebase for Coil is every 23 hours and adjusts daily, having a dynamic, yet predicated rebase time.

You can read the whitepaper for the motivation and a complete description of the original protocol.

This repository is a collection of smart contracts that implement the Coil protocol on the Ethereum blockchain.

The official mainnet addresses are:

• ERC-20 Token: 0x3936Ad01cf109a36489d93cabdA11cF062fd3d48
• Supply Policy: 0x7f0C14F2F72ca782Eea2835B9f63d3833B6669Ab
• Orchestrator: 0x8A6d3D3a1b9648BbedDE7899f2B1E7410Fda2D75
• Market Oracle: 0x90f98A4e55B2B07e46976e50885E1286B13aae8F
• CPI Oracle: 0xa759f960dd59a1ad32c995ecabe802a0c35f244f

• Install
• Testing
• Testnets
• Contribute
• License

# Install project dependencies
npm install

# Install ethereum local blockchain(s) and associated dependencies
npx setup-local-chains

# You can use the following command to start a local blockchain instance
npx start-chain [ganacheUnitTest|gethUnitTest]

# Run all unit tests
npm test

# Run unit tests in isolation
npx truffle --network ganacheUnitTest test test/unit/uFragments.js

To report bugs within this package, create an issue in this repository. For security issues, please contact [email protected]. When submitting code ensure that it is free of lint errors and has 100% test coverage.

# Lint code
npm run lint

# View code coverage
npm run coverage

GNU General Public License v3.0 (c) 2018 Fragments, Inc.