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Add a VestingWallet #2748

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1 change: 1 addition & 0 deletions CHANGELOG.md
Expand Up @@ -10,6 +10,7 @@
* `Governor`: shift vote start and end by one block to better match Compound's GovernorBravo and prevent voting at the Governor level if the voting snapshot is not ready. ([#2892](https://github.com/OpenZeppelin/openzeppelin-contracts/pull/#2892))
* `PaymentSplitter`: now supports ERC20 assets in addition to Ether. ([#2858](https://github.com/OpenZeppelin/openzeppelin-contracts/pull/#2858))
* `ECDSA`: add a variant of `toEthSignedMessageHash` for arbitrary length message hashing. ([#2865](https://github.com/OpenZeppelin/openzeppelin-contracts/pull/#2865))
* `MerkleProof`: add a `processProof` function that returns the rebuilt root hash given a leaf and a proof. ([#2841](https://github.com/OpenZeppelin/openzeppelin-contracts/pull/2841))
* `VestingWallet`: new contract that handles the vesting of Ether and ERC20 tokens following a customizable vesting schedule. ([#2748](https://github.com/OpenZeppelin/openzeppelin-contracts/pull/#2748))

## 4.3.2 (2021-09-14)
Expand Down
14 changes: 8 additions & 6 deletions contracts/finance/VestingWallet.sol
Expand Up @@ -86,7 +86,7 @@ contract VestingWallet is Context {
* Emits a {TokensReleased} event.
*/
function release() public virtual {
uint256 releasable = vestedAmount(block.timestamp) - released();
uint256 releasable = vestedAmount(uint64(block.timestamp)) - released();
_released += releasable;
emit EtherReleased(releasable);
Address.sendValue(payable(beneficiary()), releasable);
Expand All @@ -98,7 +98,7 @@ contract VestingWallet is Context {
* Emits a {TokensReleased} event.
*/
function release(address token) public virtual {
uint256 releasable = vestedAmount(token, block.timestamp) - released(token);
uint256 releasable = vestedAmount(token, uint64(block.timestamp)) - released(token);
_erc20Released[token] += releasable;
emit ERC20Released(token, releasable);
SafeERC20.safeTransfer(IERC20(token), beneficiary(), releasable);
Expand All @@ -107,26 +107,28 @@ contract VestingWallet is Context {
/**
* @dev Calculates the amount of ether that has already vested. Default implementation is a linear vesting curve.
*/
function vestedAmount(uint256 timestamp) public view virtual returns (uint256) {
function vestedAmount(uint64 timestamp) public view virtual returns (uint256) {
return _vestingSchedule(address(this).balance + released(), timestamp);
}

/**
* @dev Calculates the amount of tokens that has already vested. Default implementation is a linear vesting curve.
*/
function vestedAmount(address token, uint256 timestamp) public view virtual returns (uint256) {
function vestedAmount(address token, uint64 timestamp) public view virtual returns (uint256) {
return _vestingSchedule(IERC20(token).balanceOf(address(this)) + released(token), timestamp);
}

/**
* @dev Virtual implementation of the vesting formula. This returns the amout vested, as a function of time, for
* an asset given its total historical allocation.
*/
function _vestingSchedule(uint256 totalAllocation, uint256 timestamp) internal view virtual returns (uint256) {
function _vestingSchedule(uint256 totalAllocation, uint64 timestamp) internal view virtual returns (uint256) {
if (timestamp < start()) {
return 0;
} else if (timestamp > start() + duration()) {
return totalAllocation;
} else {
return Math.min(totalAllocation, (totalAllocation * (timestamp - start())) / duration());
return (totalAllocation * (timestamp - start())) / duration();
}
}
}
32 changes: 17 additions & 15 deletions test/finance/VestingWallet.behavior.js
@@ -1,33 +1,39 @@
const { expectEvent } = require('@openzeppelin/test-helpers');
const { expect } = require('chai');

function releasedEvent (token, amount) {
return token
? [ 'ERC20Released', { token: token.address, amount } ]
: [ 'EtherReleased', { amount } ];
}

function shouldBehaveLikeVesting (beneficiary) {
it('check vesting schedule', async function () {
const args = this.token ? [ this.token.address ] : [];
const [ method, ...args ] = this.token
? [ 'vestedAmount(address,uint64)', this.token.address ]
: [ 'vestedAmount(uint64)' ];

for (const timestamp of this.schedule) {
expect(await this.mock.vestedAmount(...args, timestamp))
expect(await this.mock.methods[method](...args, timestamp))
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.to.be.bignumber.equal(this.vestingFn(timestamp));
}
});

it('execute vesting schedule', async function () {
const args = this.token ? [ this.token.address ] : [];
const [ method, ...args ] = this.token
? [ 'release(address)', this.token.address ]
: [ 'release()' ];

let released = web3.utils.toBN(0);
const before = await this.getBalance(beneficiary);

{
const receipt = await this.mock.release(...args);
const receipt = await this.mock.methods[method](...args);

await expectEvent.inTransaction(
receipt.tx,
this.mock,
this.token ? 'ERC20Released' : 'EtherReleased',
Object.fromEntries(Object.entries({
token: this.token && this.token.address,
amount: '0',
}).filter(x => x.every(Boolean))),
...releasedEvent(this.token, '0'),
);

await this.checkRelease(receipt, beneficiary, '0');
Expand All @@ -43,16 +49,12 @@ function shouldBehaveLikeVesting (beneficiary) {
params: [ timestamp.toNumber() ],
}, resolve));

const receipt = await this.mock.release(...args);
const receipt = await this.mock.methods[method](...args);

await expectEvent.inTransaction(
receipt.tx,
this.mock,
this.token ? 'ERC20Released' : 'EtherReleased',
Object.fromEntries(Object.entries({
token: this.token && this.token.address,
amount: vested.sub(released),
}).filter(x => x.every(Boolean))),
...releasedEvent(this.token, vested.sub(released)),
);

await this.checkRelease(receipt, beneficiary, vested.sub(released));
Expand Down