usdai: switch monitoring to pyusd backing and peg checks#199
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ctmotox2 wants to merge 3 commits intoyearn:mainfrom
Open
usdai: switch monitoring to pyusd backing and peg checks#199ctmotox2 wants to merge 3 commits intoyearn:mainfrom
ctmotox2 wants to merge 3 commits intoyearn:mainfrom
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tapired
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Apr 9, 2026
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| usdai_supply_fmt = usdai_supply_raw / (10**usdai_decimals) | ||
| pyusd_assets_fmt = pyusd_assets_raw / (10**pyusd_decimals) | ||
| backing_ratio = (pyusd_assets_fmt / usdai_supply_fmt) if usdai_supply_fmt > 0 else 0 |
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what about the USDai backed by loans? It is not like that always pyUSD > USDai supply because of the loans. Am I missing out smth here?
| USDAI_PYUSD_WARN_DEVIATION = Config.get_env_float("USDAI_PYUSD_WARN_DEVIATION", 0.003) # 0.30% | ||
| USDAI_PYUSD_CRITICAL_DEVIATION = Config.get_env_float("USDAI_PYUSD_CRITICAL_DEVIATION", 0.01) # 1.00% | ||
| PYUSD_USD_WARN_DEVIATION = Config.get_env_float("PYUSD_USD_WARN_DEVIATION", 0.003) # 0.30% | ||
| PYUSD_USD_CRITICAL_DEVIATION = Config.get_env_float("PYUSD_USD_CRITICAL_DEVIATION", 0.0075) # 0.75% |
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that basically means the backing is 0.25?
| pyusd_key = f"{Chain.ARBITRUM.network_name}:{PYUSD_TOKEN_ADDR.lower()}" | ||
| pyusd_price = None | ||
| try: | ||
| prices = fetch_prices([pyusd_key]) |
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how is this price is fetched?
| from utils.config import Config | ||
| from utils.logging import get_logger | ||
| from utils.web3_wrapper import ChainManager | ||
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this file is overall great but can we make it generic to any ERC20 instead of only for usdai?
maybe make this large_mints.py in a different folder and generic such that it can work with say iUSD, USDC etc?
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