One balance sheet, held at L = 2.

simulatedwallet offlineBalanced

Preview

The contracts pass 82 Foundry tests locally; devnet deployment is pending. Every number below is simulated and marked. Set NEXT_PUBLIC_YB_HOOK_ADDRESS after deployment and this console flips to live contract reads.

your position

sim

yb shares

position value

Connect a wallet from the top bar to manage a position.

WETH amount

mints (preview)≈ 2,834 yb shares

priced onpool NAV at the Chainlink price

deposit(rawCollateral, minShares, deadline)

balance sheet

sim

50.32%

loan-to-value · target 50.00% ± 2.5%

At 50% LTV the discriminant collapses and pool value is exactly c/2, linear in price. The band is where cron decides to skip.

40%47.5% · target · 52.5%60%

Collateral

128 WETH

Euler eWETH-1 supply

Debt

$183,150

Euler eUSDC-1 borrow

Inventory

$182,400

stable side, same account

NAV

$363,218

collateral - debt + inventory

automation

sim

pendingRebalance()

(false, 0)

inside band, cron skips

Kill switch

off

solvency watcher can pause

Oracle

12s old

staleness gate reverts

what the feed will look like

cronHeartbeat read pendingRebalance() · inside band · skip
block n
swapWETH in, USDC out · paid from stable inventory
block n - 41
driftLTV 52.61% · repay callback dispatched · replay key burned
block n - 187
deposit4.20 WETH supplied · shares minted on NAV
block n - 310