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// SPDX-License-Identifier: Unlicense
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pragma solidity ^0.8.24;
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import {ERC721} from "@openzeppelin/contracts/token/ERC721/ERC721.sol";
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import "./ReputationHolder.sol";
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struct Stake {
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bool inFavor;
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uint256 amount;
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address sender;
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uint256 tokenId;
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}
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struct ValidationPool {
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mapping(uint => Stake) stakes;
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uint stakeCount;
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address author;
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uint256 fee;
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uint duration;
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uint endTime;
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bool resolved;
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bool outcome;
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uint256 tokenIdFor;
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uint256 tokenIdAgainst;
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}
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struct StakeData {
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uint poolIndex;
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bool inFavor;
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}
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/// This contract must manage validation pools and reputation,
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/// because otherwise there's no way to enforce appropriate permissions on
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/// transfer of value between reputation NFTs.
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contract DAO is ERC721("Reputation", "REP"), ReputationHolder {
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mapping(uint256 tokenId => uint256) tokenValues;
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uint256 nextTokenId;
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uint256 public totalValue;
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mapping(uint => ValidationPool) public validationPools;
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uint public validationPoolCount;
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// ufixed8x1 constant mintingRatio = 1;
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// ufixed8x1 constant quorum = 0;
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// ufixed8x1 constant stakeForAuthor = 0.5;
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// ufixed8x1 constant winningRatio = 0.5;
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// TODO: Make parameters adjustable
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// TODO: Add forum parameters
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event ValidationPoolInitiated(uint poolIndex);
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/// Inspect the value of a given reputation NFT
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function valueOf(uint256 tokenId) public view returns (uint256 value) {
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value = tokenValues[tokenId];
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}
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/// Confirm ownership of a token and return its value.
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/// This should be used when receiving an NFT transfer, because otherwise
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/// someone could send any NFT with a tokenId matching one of ours.
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function verifiedValueOf(
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address owner,
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uint256 tokenId
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) public view returns (uint256 value) {
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require(ownerOf(tokenId) == owner);
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value = valueOf(tokenId);
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}
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/// Internal function to mint a new reputation NFT
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function mint(uint256 value) internal returns (uint256 tokenId) {
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// Generate a new (sequential) ID for the token
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tokenId = nextTokenId++;
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// Mint the token, initially to be owned by the current contract.
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_mint(address(this), tokenId);
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tokenValues[tokenId] = value;
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// Keep track of total value minted
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// TODO: More sophisticated logic can compute total _available_, _active_ reputation
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totalValue += value;
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}
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/// Internal function to transfer value from one reputation token to another
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function transferValueFrom(
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uint256 fromTokenId,
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uint256 toTokenId,
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uint256 amount
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) internal {
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require(amount >= 0);
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require(valueOf(fromTokenId) >= amount);
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tokenValues[fromTokenId] -= amount;
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tokenValues[toTokenId] += amount;
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}
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/// Accept fee to initiate a validation pool
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/// TODO: Rather than accept author as a parameter, accept a reference to a forum post
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function initiateValidationPool(
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address author,
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uint duration
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) public payable returns (uint poolIndex) {
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poolIndex = validationPoolCount++;
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ValidationPool storage pool = validationPools[poolIndex];
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pool.author = author;
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pool.fee = msg.value;
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pool.duration = duration;
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pool.endTime = block.timestamp + duration;
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// Because we need to stake part of the mited value for the pool an part against,
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// we mint two new tokens.
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// Here we assume a minting ratio of 1, and a stakeForAuthor ratio of 0.5
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// Implementing this with adjustable parameters will require more advanced fixed point math.
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// TODO: Make minting ratio an adjustable parameter
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// TODO: Make stakeForAuthor an adjustable parameter
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pool.tokenIdFor = mint(msg.value / 2);
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pool.tokenIdAgainst = mint(msg.value / 2);
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stake(pool, address(this), true, pool.tokenIdFor);
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stake(pool, address(this), false, pool.tokenIdAgainst);
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emit ValidationPoolInitiated(poolIndex);
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}
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/// Internal function to register a stake for/against a validation pool
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function stake(
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ValidationPool storage pool,
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address sender,
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bool inFavor,
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uint256 tokenId
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) internal {
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require(block.timestamp < pool.endTime);
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Stake storage _stake = pool.stakes[pool.stakeCount++];
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_stake.sender = sender;
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_stake.inFavor = inFavor;
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_stake.amount = verifiedValueOf(sender, tokenId);
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_stake.tokenId = tokenId;
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}
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/// Accept reputation stakes toward a validation pool
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function onERC721Received(
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address,
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address from,
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uint256 tokenId,
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bytes calldata data
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) public override returns (bytes4) {
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// `data` needs to encode the target validation pool, and the for/again boolean
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StakeData memory stakeParameters = abi.decode(data, (StakeData));
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ValidationPool storage pool = validationPools[
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stakeParameters.poolIndex
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];
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stake(pool, from, stakeParameters.inFavor, tokenId);
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return super.onERC721Received.selector;
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}
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/// Evaluate outcome of a validation pool
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function evaluateOutcome(uint poolIndex) public returns (bool votePasses) {
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ValidationPool storage pool = validationPools[poolIndex];
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require(block.timestamp >= pool.endTime);
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require(pool.resolved == false);
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uint256 amountFor;
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uint256 amountAgainst;
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Stake storage _stake;
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for (uint i = 0; i < pool.stakeCount; i++) {
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_stake = pool.stakes[i];
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if (_stake.inFavor) {
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amountFor += _stake.amount;
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} else {
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amountAgainst += _stake.amount;
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}
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}
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// Here we assume a quorum of 0
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// TODO: Make quorum an adjustable parameter
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// A tie is resolved in favor of the validation pool.
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// This is especially important so that the DAO's first pool can pass,
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// when no reputation has yet been minted.
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votePasses = amountFor >= amountAgainst;
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pool.resolved = true;
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// If the outcome is true, value of all stakes against the pool should be distributed among the stakes in favor.
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// If the outcome is false, value of all stakes for the pool should be distributed among the stakes against.
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uint256 amountFromWinners;
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uint256 amountFromLosers;
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// Collect the reputation from the losing stakes
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for (uint i = 0; i < pool.stakeCount; i++) {
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_stake = pool.stakes[i];
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if (votePasses && !_stake.inFavor) {
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// Transfer value to the token that was minted in favor
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amountFromLosers += _stake.amount;
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transferValueFrom(
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_stake.tokenId,
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pool.tokenIdFor,
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_stake.amount
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);
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} else if (!votePasses && _stake.inFavor) {
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// Transfer value to the token that was minted against
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amountFromLosers += _stake.amount;
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transferValueFrom(
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_stake.tokenId,
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pool.tokenIdAgainst,
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_stake.amount
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);
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} else if (
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votePasses &&
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_stake.inFavor &&
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_stake.tokenId != pool.tokenIdFor
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) {
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// Tally the total value of winning stakes
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amountFromWinners += _stake.amount;
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} else if (
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!votePasses &&
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!_stake.inFavor &&
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_stake.tokenId != pool.tokenIdAgainst
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) {
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// Tally the total value of winning stakes
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amountFromWinners += _stake.amount;
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}
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}
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// Distribute reputation from losing stakes to winning stakes
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for (uint i = 0; i < pool.stakeCount; i++) {
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_stake = pool.stakes[i];
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if (
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votePasses &&
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_stake.inFavor &&
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_stake.tokenId != pool.tokenIdFor
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) {
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uint256 reward = (amountFromLosers * _stake.amount) /
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amountFromWinners;
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transferValueFrom(pool.tokenIdAgainst, _stake.tokenId, reward);
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} else if (
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!votePasses &&
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!_stake.inFavor &&
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_stake.tokenId != pool.tokenIdAgainst
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) {
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uint256 reward = (amountFromLosers * _stake.amount) /
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amountFromWinners;
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transferValueFrom(pool.tokenIdFor, _stake.tokenId, reward);
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}
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}
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// Transfer minted reputation to the author
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// TODO: Handle multiple authors
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if (votePasses) {
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_transfer(address(this), pool.author, pool.tokenIdFor);
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}
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// Distribute fee proportionatly among all reputation holders
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for (uint tokenId = 0; tokenId < nextTokenId; tokenId++) {
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uint256 share = (pool.fee * valueOf(tokenId)) / totalValue;
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address recipient = ownerOf(tokenId);
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// TODO: For efficiency this could be modified to hold the funds for recipients to withdraw
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payable(recipient).transfer(share);
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}
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}
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}
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