Create a dynamic stream
Dynamic streams are streams with custom streaming curves. In this guide, we will show you how to create a dynamic stream programmatically.
This guide assumes that you have already read the Protocol Concepts section.
The code in this guide is not production-ready, and is implemented in a simplistic manner for the purpose of learning.
Set up a contract
Declare the Solidity version used to compile the contract:
// SPDX-License-Identifier: GPL-3.0-or-later
pragma solidity >=0.8.13;
Import the relevant symbols from @sablier/v2-core
:
import { ISablierV2LockupDynamic } from "@sablier/v2-core/interfaces/ISablierV2LockupDynamic.sol";
import { Broker, LockupDynamic } from "@sablier/v2-core/types/DataTypes.sol";
import { ud2x18, ud60x18 } from "@sablier/v2-core/types/Math.sol";
import { IERC20 } from "@sablier/v2-core/types/Tokens.sol";
Create a contract called DynamicStreamCreator
, and declare a constant DAI
of type IERC20
and an immutable variable
sablier
of type ISablierV2LockupDynamic
:
contract DynamicStreamCreator {
IERC20 public constant DAI = IERC20(0x6B175474E89094C44Da98b954EedeAC495271d0F);
ISablierV2LockupDynamic public immutable sablier;
}
In the code above, the address of the DAI stablecoin is hard-coded. However, in production, you would likely use an input parameter for this and pass the input into a memory variable, allowing the contract to change the assets it interacts with on a per transaction basis.
Initialization
To initialize the Sablier contract, you first need to grab its address from the Deployment Addresses page. Once you have obtained it, pass it to the constructor of the creator contract:
constructor(ISablierV2LockupDynamic sablier_) {
sablier = sablier_;
}
Create functions
There are two create functions in the dynamic contract:
createWithMilestones
: uses specific start and end times, as well as a predefined list of segment milestonescreateWithDeltas
: sets the start time toblock.timestamp
, and calculates the end time and the segment milestones based on the provided deltas
Which one you choose depends upon your use case. In this guide, we will use createWithMilestones
.
Function definition
Define a function called createDynamicStream
which takes two parameters, amount0
and amount1
, and which returns
the id of the created stream:
function createDynamicStream(uint256 amount0, uint256 amount1) external returns (uint256 streamId) {
// ...
}
Next, sum up the amount0
and amount1
parameters to get the total amount of the stream, which will be needed in many
of the steps below:
uint256 totalAmount = amount0 + amount1;
ERC-20 steps
To create a stream, the caller must approve the creator contract to pull the tokens from the calling address's account. Then, we have to also approve the Sablier contract to pull the assets that the creator contract will be in possession of after they are transferred from the calling address (you):
// Transfer the provided amount of DAI tokens to this contract
DAI.transferFrom(msg.sender, address(this), totalAmount);
// Approve the Sablier contract to spend DAI
DAI.approve(address(sablier), totalAmount);
For more guidance on how to approve and transfer ERC-20 assets, see this article on the Ethereum website.
Parameters
Sablier uses structs to encode the parameters of its create functions. The struct associated with createWithDurations
is LockupDynamic.CreateWithMilestones
, and it can be
initialized like this:
LockupDynamic.CreateWithMilestones memory params;
Let's review each parameter in detail.
Sender
The address from which to stream the assets, which will have the ability to cancel the stream:
params.sender = msg.sender;
Recipient
The address toward which to stream the assets:
params.recipient = recipient;
Total amount
The total amount of ERC-20 assets to be paid, which includes the stream deposit and any potential fees. This is represented in units of the asset's decimals.
params.totalAmount = totalAmount;
Asset
The contract address of the ERC-20 asset to use for streaming. In this example, we will use DAI:
params.asset = DAI;
Cancelable
Boolean that indicates whether the stream will be cancelable or not.
params.cancelable = true;
Broker
An optional parameter that can be used to charge a fee as a percentage of totalAmount
.
In the following example, we will leave this parameter uninitialized (i.e. set to zero), because it doesn't make sense to charge yourself a fee. In practice, this parameter will mostly be used by front-end applications.
params.broker = Broker(address(0), ud60x18(0));
Wondering what's up with that ud60x18
function? It's a casting function that wraps a basic integer to the UD60x18
value type. This type is part of the math library PRBMath, which is used in
Sablier for fixed-point calculations.
Start time
The Unix timestamp for when the stream will start.
In this example, the start time is set to 100 seconds into the future:
params.startTime = block.timestamp + 100 seconds;
Segments
Segments are what the protocol uses to compose the custom streaming curve of a dynamic stream. For a full exposition of segments, see the Segments guide.
The term "milestones" in the function createWithMilestones
refers to the splitting of the stream into several distinct
segments, with each segment characterized by a specific amount, exponent, and milestone. These segments are supplied to
the function in the form of an array containing
LockupDynamic.Segment
structs.
Let's define two dummy segments:
params.segments.push(
LockupDynamic.Segment({ amount: amount0, exponent: ud2x18(3.14e18), milestone: block.timestamp + 4 weeks })
);
params.segments.push(
LockupDynamic.Segment({ amount: amount1, exponent: ud2x18(0.5e18), milestone: block.timestamp + 2 years })
);
In this example, the first segment (amount0
) will stream much slower than the second segment (amount1
), because the
exponents are different. As a rule of thumb: the higher the exponent, the slower the stream.
The segment milestones must be in ascending order.
The ud2x18
function wraps a basic integer to the UD2x18
value type, which is also part of the
PRBMath library.
Invoke the create function
With all parameters set, we can now call the createWithMilestones
function, and assign the id of the newly created
stream to a variable:
streamId = sablier.createWithMilestones(params);
The complete dynamic stream creator contract
Below you can see the complete functioning code: a contract that creates dynamic streams with predefined segment milestones. You can access the code on GitHub through this link.
loading...