Chain4Energy vesting module - cfevesting
Abstract
Chain4Energy vesting module allows to create and manage vesting pools.
One can create a vesting pool in order to lock a certain amount of tokens for a period of time. During this locking period the locked tokens can only be used for continuous vesting accounts creation.
The vesting account parameters are calculated from the vesting pool configuration.
Contents
- Concept
- Params
- State
- Messages
- Events
- Queries
- Invariants
- Genesis validations
Concepts
The purpose of cfevesting
module is to provide the functionality of locking tokens in a pool for specified amount of time with the ability of sending those tokens to continuous vesting accounts.
The tokens will be still locked on the vesting accounts, and it will not be possible to sent them further until the locking period ends. This allows to create vesting target groups (e.g. validators vesting pool, investors vesting pools).
The cfevesting
module keeps track of all the vesting pools and vesting accounts and allows to calculate the total amount of tokens in vesting.
Vesting Pool
Vesting pool locks a certain amount of tokens for configured period of time. Each vesting pool has its owner (creator account).
A single owner can have multiple vesting pools. Each vesting pool is identified by its unique name (unique among all the pools belonging to a single owner).
Vesting pools have the following parameters:
- name - unique name (among owner's pools)
- vesting type - vesting type used by vesting pool (see Vesting Type)
- lock start - time of pool creation
- lock end - unlocking time (end of lock period)
- initially_locked - amount of tokens locked initially in the pool
- withdrawn - amount of tokens that were already withdrawn from the pool (currently all available (available = initially_locked - sent) tokens can be withdrawn by the owner only after lock end time)
- sent - amount of tokens that were already sent to vesting accounts from the vesting pool
Vesting Type
Vesting type defines the parameters of continuous vesting accounts that will be created from a given vesting pool.
Vesting type has the following parameters:
- name - unique name
- lockup period - period of time when all the tokens in the pool are locked
- vesting period - period of time when tokens are linearly vested
- free - the percentage of tokens that will be released at the beginning after sending to a continuous vesting account
New vesting account parameters will be set accordingly:
- continuous vesting account start time = last block time + vesting type lockup period
- continuous vesting account end time = last block time + vesting type lockup period + vesting type vesting period
The vesting types are predefined on genesis.
Parameters
The Chain4Energy vesting module contains the following configurations parameters:
Key |
Type |
Description |
denom |
string |
Denom of vesting token |
State
Vesting pools state
Chain4Energy vesting module state contains vesting pools lists per owner.
AccountVestingPools type
Key |
Type |
Description |
owner |
string |
Owner address |
vesting_pools |
List of VestingPool types |
Vesting pools of the owner |
VestingPool type
Key |
Type |
Description |
name |
string |
unique name per owner |
vesting_type |
string |
vesting type used by vesting pool (see Vesting Type) |
lock_start |
time.Duration |
time of pool creation |
lock_end |
time.Duration |
unlocking time (end of lock period) |
initially_locked |
math.Int |
amount of tokens locked initially in the pool |
withdrawn |
math.Int |
amount of tokens that were already withdrawn from the pool |
sent |
math.Int |
amount of tokens that were already sent to vesting accounts from the vesting pool |
Vesting types data dictionary
Vesting types data dictionary contains list of predefined vesting types:
Key |
Type |
Description |
name |
string |
unique vesting type name |
lockup_period |
time.Duration |
period of time when all tokens are locked |
vesting_period |
time.Duration |
period of time when tokens are are linearly vested |
Vesting account list
Vesting account list contains address of all vesting accounts created with cfevesting module.
VestingAccount type
Key |
Type |
Description |
id |
uint64 |
id of an entity in the vesting accounts list |
address |
string |
vesting account address |
Messages
Create Vesting Pool
Creates new vesting pool for the creator account.
MsgCreateVestingPool
can be submitted by any token holder via a
MsgCreateVestingPool
transaction.
type MsgCreateVestingPool struct {
Creator string
Name string
Amount math.Int
Duration time.Duration
VestingType string
}
Params:
Param |
Description |
Creator |
Creator/Owner address |
Name |
Vesting pool name |
Amount |
Amount to lock in the vesting pool |
Duration |
Lock duration |
VestingType |
Vesting Type of the pool |
State modifications:
- Validate
Creator
has enough tokens
- Generate new
VestingPool
record for creator/owner
- Save the record in the owner account vesting pools list
- Transfer the tokens from the
Creator
account to cfevesting ModuleAccount
.
Send To Vesting Account
Creates a new continuous vesting account and sends tokens from vesting pool to it.
MsgSendToVestingAccount
can be submitted by any Vesting pool owner via a
MsgSendToVestingAccount
transaction.
type MsgSendToVestingAccount struct {
FromAddress string
ToAddress string
VestingPoolName string
Amount math.Int
RestartVesting bool
}
Params:
Param |
Description |
FromAddress |
Vesting pool owner address |
ToAddress |
New continuous vesting account address |
VestingPoolName |
Vesting pool name |
Amount |
Amount to lock in the vesting pool |
RestartVesting |
Defines how time parameters of new vesting account should be calculatad: - true: continuous vesting account start time = last block time + vesting type lockup period continuous vesting account end time = last block time + vesting type lockup period + vesting type vesting period - false: continuous vesting account start time = vesting pool lock end continuous vesting account end time = vesting pool lock end |
State modifications:
- Validates if
FromAddress
owner's vesting pool VestingPoolName
has enough tokens
- Creates new continuous vesting account with
ToAddress
address and the time params calculated according to the pool vesting type
- Sends tokens from cfevesting
ModuleAccount
to ToAddress
- Updates the vesting pool state
Withdraw All Available
Withdraws all available (unlocked) tokens from the vesting pool back to the owner account
MsgWithdrawAllAvailable
can be submitted by any vesting pool owner via a
MsgWithdrawAllAvailable
transaction.
type MsgWithdrawAllAvailable struct {
Owner string
}
Param |
Description |
Owner |
Vesting pool owner address |
State modifications:
- Sends unlocked tokens from cfevesting
ModuleAccount
to Creator
account
- Updates the vesting pool state
Create Vesting Account
Creates new continuous vesting account and sends token from creator account.
MsgCreateVestingAccount
can be submitted by any token holder via a
MsgCreateVestingAccount
transaction.
type MsgCreateVestingAccount struct {
FromAddress string
ToAddress string
Amount sdk.Coins
StartTime int64
EndTime int64
}
Params:
Param |
Description |
FromAddress |
Vesting pool owner address |
ToAddress |
New continuous vesting account address |
Amount |
Amount to lock in vesting account |
StartTime |
Vesting start time - unix |
EndTime |
Vesting end time - unix |
State modifications:
- Validates if
FromAddress
has enough tokens.
- Creates new continuous vesting account with address equal to ToAddress and time params according to provided data
- Sends tokens from
FromAddress
account to ToAddress
Split vesting
Split tokens that are locked in vesting to new vesting account. Total number of tokens in vesting, vesting times and token release speed are preserved.
This mechanism can also be called as a "vesting cession".
MsgSplitVesting
can be submitted by any vesting account via a MsgSplitVesting
transaction.
type MsgSplitVesting struct {
FromAddress string
ToAddress string
Amount sdk.Coins
}
Params:
Param |
Description |
FromAddress |
Vesting pool owner address |
ToAddress |
New continuous vesting account address |
Amount |
Amount of locked vesting to split |
State modifications:
- Validates if
FromAddress
has enough locked tokens in the vesting
- Creates new continuous vesting account with address equal to ToAddress
and time parameters set to:
end time
is set to the vesting account end time
- in the case when the start time of the vesting account is in the future -
new account start time = from account start time
- in the case when the start time of the vesting account is in the past
new account start time = transaction time
- Sends locked vesting from
FromAddress
account to ToAddress
Move available vesting
Moves all tokens that are locked in vesting to new vesting account. Total number of tokens in vesting, vesting times and token release speed are preserved.
This mechanism can also be called as a "vesting cession".
MsgMoveAvailableVesting
can be submitted by any vesting account via a MsgMoveAvailableVesting
transaction.
type MsgMoveAvailableVesting struct {
FromAddress string
ToAddress string
}
Params:
Param |
Description |
FromAddress |
Vesting pool owner address |
ToAddress |
New continuous vesting account address |
State modifications:
- Validates if
FromAddress
has any locked tokens in the vesting
- Creates new continuous vesting account with address equal to ToAddress
and time parameters set to:
end time
is set to the vesting account end time
- in the case when the start time of the vesting account is in the future -
new account start time = from account start time
- in the case when the start time of the vesting account is in the past
new account start time = transaction time
- Sends locked vesting from
FromAddress
account to ToAddress
Move available vesting by denoms
Moves all tokens that are locked in vesting to new vesting account. This message differs from MsgMoveAvailableVesting
in
that you can additionally provide a list of denominations that are to be taken into account when sending a blocked vesting.
Total number of tokens in vesting, vesting times and token release speed are preserved.
This mechanism can also be called as a "vesting cession".
MsgMoveAvailableVestingByDenoms
can be submitted by any vesting account via a MsgMoveAvailableVestingByDenoms
transaction.
type MsgMoveAvailableVestingByDenoms struct {
FromAddress string
ToAddress string
Denoms []string
}
Params:
Param |
Description |
FromAddress |
Vesting pool owner address |
ToAddress |
New continuous vesting account address |
Denoms |
List of denominations to be taken into account when unlocking vesting |
State modifications:
- Validates if
FromAddress
has any locked tokens (only those highlighted in denoms
) in the vesting
- Creates new continuous vesting account with address equal to ToAddress and time parameters set to:
end time
is set to the vesting account end time
- in the case when the start time of the vesting account is in the future -
new account start time = from account start time
- in the case when the start time of the vesting account is in the past
new account start time = transaction time
- Sends locked vesting from
FromAddress
account to ToAddress
Events
Chain4Energy distributor module emits the following events:
Handlers
MsgCreateVestingPool
Type |
Attribute Key |
Attribute Value |
NewVestingPool |
owner |
{owner_address} |
NewVestingPool |
name |
{vesting_pool_name} |
NewVestingPool |
amount |
{vesting_pool_amount} |
NewVestingPool |
duration |
{lock_duration} |
NewVestingPool |
vesting_type |
{vesting_type_name} |
message |
action |
/chain4energy.c4echain.cfevesting.MsgCreateVestingPool |
message |
sender |
{sender_address} |
transfer |
recipient |
{moduleAccount} |
transfer |
sender |
{owner_address} |
transfer |
amount |
{amount} |
MsgSendToVestingAccount
Type |
Attribute Key |
Attribute Value |
WithdrawAvailable |
owner |
{owner_address} |
WithdrawAvailable |
vesting_pool_name |
{source_vesting_pool_name} |
WithdrawAvailable |
amount |
{withdrawn_amount} |
NewVestingAccount |
address |
{new_vesting_account_address} |
NewVestingPeriodFromVestingPool |
owner |
{owner_address} |
NewVestingPeriodFromVestingPool |
address |
{new_vesting_account_address} |
NewVestingPeriodFromVestingPool |
vesting_pool_name |
{source_vesting_pool_name} |
NewVestingPeriodFromVestingPool |
amount |
{amount_to_send_to_new_vesting_account} |
NewVestingPeriodFromVestingPool |
restart_vesting |
{restart_vesting} see Send To Vesting Account |
message |
action |
/chain4energy.c4echain.cfevesting.MsgSendToVestingAccount |
message |
sender |
{sender_address} |
transfer |
recipient |
{module_account} |
transfer |
sender |
{creator} |
transfer |
amount |
{amount} |
MsgWithdrawAllAvailable
Type |
Attribute Key |
Attribute Value |
WithdrawAvailable |
owner |
{owner_address} |
WithdrawAvailable |
vesting_pool_name |
{source_vesting_pool_name} |
WithdrawAvailable |
amount |
{withdrawn_amount} |
message |
action |
/chain4energy.c4echain.cfevesting.MsgWithdrawAllAvailable |
message |
sender |
{sender_address} |
transfer |
recipient |
{module_account} |
transfer |
sender |
{creator} |
transfer |
amount |
{amount} |
MsgCreateVestingAccount
Type |
Attribute Key |
Attribute Value |
NewVestingAccount |
address |
{new_vesting_account_address} |
message |
action |
/chain4energy.c4echain.cfevesting.MsgCreateVestingAccount |
message |
sender |
{sender_address} |
transfer |
recipient |
{module_account} |
transfer |
sender |
{creator} |
transfer |
amount |
{amount} |
MsgSplitVesting
Type |
Attribute Key |
Attribute Value |
VestingSplit |
source |
{from_account_address} |
VestingSplit |
destination |
{to_account_address} |
NewVestingAccount |
address |
{new_vesting_account_address} |
message |
action |
/chain4energy.c4echain.cfevesting.MsgSplitVesting |
message |
sender |
{sender_address} |
transfer |
recipient |
{module_account} |
transfer |
sender |
{creator} |
transfer |
amount |
{amount} |
MsgMoveAvailableVesting
Type |
Attribute Key |
Attribute Value |
VestingSplit |
source |
{from_account_address} |
VestingSplit |
destination |
{to_account_address} |
NewVestingAccount |
address |
{new_vesting_account_address} |
message |
action |
/chain4energy.c4echain.cfevesting.MsgMoveAvailableVesting |
message |
sender |
{sender_address} |
transfer |
recipient |
{module_account} |
transfer |
sender |
{creator} |
transfer |
amount |
{amount} |
MsgMoveAvailableVestingByDenoms
Type |
Attribute Key |
Attribute Value |
VestingSplit |
source |
{from_account_address} |
VestingSplit |
destination |
{to_account_address} |
NewVestingAccount |
address |
{new_vesting_account_address} |
message |
action |
/chain4energy.c4echain.cfevesting.MsgMoveAvailableVestingByDenoms |
message |
sender |
{sender_address} |
transfer |
recipient |
{module_account} |
transfer |
sender |
{creator} |
transfer |
amount |
{amount} |
Queries
Params query
Queries the module params.
See example response:
{
"params": {
"denom": "uc4e"
}
}
Summary query
Queries the vesting summary data.
See example response:
{
"vesting_all_amount": "32500000000000",
"vesting_in_pools_amount": "32500000000000",
"vesting_in_accounts_amount": "0",
"delegated_vesting_amount": "0"
}
Vesting pool query
Queries the vesting pools owned by account with given address.
See example response:
{
"vesting_pools": [
{
"name": "Advisors pool",
"vesting_type": "Advisors pool",
"lock_start": "2022-03-30T00:00:00Z",
"lock_end": "2025-03-30T00:00:00Z",
"withdrawable": "0",
"initially_locked": {
"denom": "uc4e",
"amount": "15000000000000"
},
"currently_locked": "15000000000000",
"sent_amount": "0"
},
{
"name": "Validators pool",
"vesting_type": "Validators pool",
"lock_start": "2022-03-30T00:00:00Z",
"lock_end": "2024-03-30T00:00:00Z",
"withdrawable": "0",
"initially_locked": {
"denom": "uc4e",
"amount": "17500000000000"
},
"currently_locked": "17500000000000",
"sent_amount": "0"
}
]
}
Vesting types query
Queries the vesting types.
See example response:
{
"vesting_types": [
{
"name": "Advisors pool",
"lockup_period": "5",
"lockup_period_unit": "minute",
"vesting_period": "5",
"vesting_period_unit": "day"
},
{
"name": "Validators pool",
"lockup_period": "10",
"lockup_period_unit": "minute",
"vesting_period": "10",
"vesting_period_unit": "day"
}
]
}
Invariants
Non-Negative Vesting Pool Amounts Invariant
Invariant validates vesting pools state. Checks if all vesting pools amounts are non-negative
Vesting Pool Consistent Data Invariant
Invariant validates vesting pools state. Checks if all vesting pools amounts are consistent: withdrawn + sent < initially locked
Module Account Invariant
Invariant validates vesting pools state. Checks if sum of all amounts locked in vesting pools is equal to module account balance.
Genesis validations