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Add TokenizedVaultDepositor #49
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crispheaney
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Jun 18, 2024
programs/drift_vaults/src/instructions/initialize_tokenized_vault_depositor.rs
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PR continued in #55
This PR introduces a new
TokenizedVaultDepositor
that may be initialized by aVault
's manager. EachVault
may have at most 1TokenizedVaultDepositor
, which cannot be closed after creation.Token mint/burn amounts are calculated using IF math, with the convention:
if_shares -> tokens
andif_amount -> vault_shares
. Management fee and profit share calculations onTokenizedVaultDepositor
are identical toVaultDepositor
.New instructions:
initialize_tokenized_vault_depositor
manager
to create a newTokenizedVaultDepositor
spl_token::Mint
whosemint_authority
andupdate_authority
is theVault
metaplex::Metadata
accounttokenize_shares
VaultDepositor
and adds to theTokenizedVaultDepositor
VaultDepositor.authority
vault_depositor.shares + tokenized_vault_depositor.shares
is unchangedredeem_tokens
TokenizedVaultDepositor
and adds toVaultDepositor
vault_depositor.shares + tokenized_vault_depositor.shares
is unchanged