Skip to content

Commit

Permalink
ERC4353: interface for staked NFTs (#4353)
Browse files Browse the repository at this point in the history
  • Loading branch information
aug2uag committed May 22, 2022
1 parent 49fc53b commit 23c28bd
Showing 1 changed file with 222 additions and 0 deletions.
222 changes: 222 additions & 0 deletions EIPS/eip-4353.md
Original file line number Diff line number Diff line change
@@ -0,0 +1,222 @@
---
eip: 4353
title: Interface for Staked Tokens in NFTs
description: This interface enables access to publicly viewable staking data of an NFT.
author: Rex Creed (@aug2uag), Dane Scarborough <[email protected]>
discussions-to: https://ethereum-magicians.org/t/eip-4353-viewing-staked-tokens-in-nft/7234
status: Draft
type: Standards Track
category: ERC
created: 2021-10-08
---

## Abstract
ERC721s can be staked with tokens, but there's no means of retrieving the amount of tokens staked and/or bound to an NFT. This proposal outlines a standard that may be implemented by all wallets and marketplaces easily to correctly retrive the staked token amount of an NFT.

## Motivation
The absence of staked tokens data limits the ability of the token owner to convey to another, for any purpose including to transact, the true amount of staked tokens as may be viewable in a wallet, marketplace, or explorer. The ability to identify and verify an exogenous value derived from the staking process may be critical to the aims of an NFT holder.

## Specification
```js
// SPDX-License-Identifier: MIT

pragma solidity ^0.8.0;

/**
* @dev Interface of the ERC165 standard, as defined in the
* https://eips.ethereum.org/EIPS/eip-165[EIP].
*
* Implementers can declare support of contract interfaces, which can then be
* queried by others ({ERC165Checker}).
*
* For an implementation, see {ERC165}.
*/
interface IERC721Staked {

/**
* @dev Returns true if this contract implements the interface defined by
* `interfaceId`. See the corresponding
* https://eips.ethereum.org/EIPS/eip-165#how-interfaces-are-identified
* to learn more about how these ids are created.
*
* This function call must use less than 30 000 gas.
*/
function supportsInterface(bytes4 interfaceId) external view returns (bool);

/**
* @dev Returns uint256 amount of on-chain tokens staked to the NFT.
*
* @dev Wallets and marketplaces would need to call this for displaying
* the amount of tokens staked and/or bound to the NFT.
*/
function stakedAmount(uint256 tokenId) external view returns (uint256);

}
```
### Suggested flow:
#### Constructor/deployment
* Creator - the owner of an NFT with its own rules for depositing tokens at and/or after the minting of a token.
* Token Amount - the current amount of on-chain ERC20 or derived tokens bound to an NFT from one or more deposits.
### Staking at mint and locking tokens in NFT
The suggested and intended implementation of this standard is to stake tokens at the time of minting an NFT, and not implementing any outbound transfer of tokens outside of `burn`. Therefore, only to stake at minting and withdraw only at burning.
#### NFT displayed in wallet or marketplace
A wallet or marketplace checks if an NFT has publicly staked tokens available for view - if so, call stakedAmount() to get the current amount of tokens staked and/or bound to the NFT.
The logical code looks something like this and inspired by [William Entriken](https://ethereum.stackexchange.com/a/70116/70167):
```js
// contracts/Token.sol
// SPDX-License-Identifier: MIT
pragma solidity ^0.8.0;

import "@openzeppelin/contracts/token/ERC721/extensions/ERC721URIStorage.sol";
import "@openzeppelin/contracts/access/Ownable.sol";

/**
* @title Token
* @dev Very simple ERC721 example with stake interface example.
* Note this implementation enforces recommended procedure:
* 1) stake at mint
* 2) withdraw at burn
*/
contract ERC721Staked is ERC721URIStorage, Ownable {
/// @dev track original minter of tokenId
mapping (uint256 => address payable) private payees;
/// @dev map tokens to stored staked token value
mapping (uint256 => uint256) private tokenValue;

/// @dev metadata
constructor() ERC721 (
"Staked NFT",
"SNFT"
){}

/// @dev mints a new NFT
/// @param _to address that will own the minted NFT
/// @param _tokenId id the NFT
/// @param _uri metadata
function mint(
address payable _to,
uint256 _tokenId,
string calldata _uri
)
external
payable
onlyOwner
{
_mint(_to, _tokenId);
_setTokenURI(_tokenId, _uri);
payees[_tokenId] = _to;
tokenValue[_tokenId] = msg.value;
}

/// @dev staked interface
/// @param _tokenId id of the NFT
/// @return _value staked value
function stakedAmount(
uint256 _tokenId
) external view returns (uint256 _value) {
_value = tokenValue[_tokenId];
return _value;
}

/// @dev removes NFT & transfers crypto to minter
/// @param _tokenId the NFT we want to remove
function burn(
uint256 _tokenId
)
external
onlyOwner
{
super._burn(_tokenId);
payees[_tokenId].transfer(tokenValue[_tokenId]);
}

}
```
## Rationale
This standard is completely agnostic to how tokens are deposited or handled by the NFT. It is, therefore, the choice and responsibility of the author to encode and communicate the encoding of their tokenomics to purchasees of their token and/or to make their contracts viewable by purchasees.
Although the intention of this standard is for tokens staked at mint and withdrawable only upon burn, the interface may be modified for dynamic withdrawing and depositing of tokens especially under DeFi application settings. In its current form, the contract logic may be the determining factor whether a deviation from the standard exists.
## Test Case
```js
const { expect } = require("chai");
const { ethers, waffle } = require("hardhat");
const provider = waffle.provider;

describe("StakedNFT", function () {
let _id = 1234567890;
let value = '1.5';
let Token;
let Interface;
let owner;
let addr1;
let addr2;

beforeEach(async function () {
Token = await ethers.getContractFactory("ERC721Staked");
[owner, addr1, ...addr2] = await ethers.getSigners();
Interface = await Token.deploy();
});

describe("Staked NFT", function () {
it("Should set the right owner", async function () {
let mint = await Interface.mint(
addr1.address, _id, 'http://foobar')
expect(await Interface.ownerOf(_id)).to.equal(addr1.address);
});

it("Should not have staked balance without value", async function () {
let mint = await Interface.mint(
addr1.address, _id, 'http://foobar')
expect(await Interface.stakedAmount(_id)).to.equal(
ethers.utils.parseEther('0'));
});

it("Should set and return the staked amount", async function () {
let mint = await Interface.mint(
addr1.address, _id, 'http://foobar',
{value: ethers.utils.parseEther(value)})
expect(await Interface.stakedAmount(_id)).to.equal(
ethers.utils.parseEther(value));
});

it("Should decrease owner eth balance on mint", async function () {
let balance1 = await provider.getBalance(owner.address);
let mint = await Interface.mint(
addr1.address, _id, 'http://foobar',
{value: ethers.utils.parseEther(value)})
let balance2 = await provider.getBalance(owner.address);
let diff = parseFloat(ethers.utils.formatEther(
balance1.sub(balance2))).toFixed(1);
expect(diff === value);
});

it("Should add to payee's eth balance on burn", async function () {
let balance1 = await provider.getBalance(addr1.address);
let mint = await Interface.mint(
addr1.address, _id, 'http://foobar',
{value: ethers.utils.parseEther(value)})
await Interface.burn(_id);
let balance2 = await provider.getBalance(addr1.address);
let diff = parseFloat(ethers.utils.formatEther(
balance2.sub(balance1))).toFixed(1);
expect(diff === value);
});
});
});
```
## Security Considerations
Staked claims will be unreliable without a locking mechanism enforced, for example, if staked tokens can only be transferred at burn. Otherwise, tokens may be deposited at any time with an arbitrary method. Also, tokens may be transferred at any time with an arbitrary method without updating the correct balance under an improper implementation scenario. This method simply publicly identifies whether the NFT claims to have staked tokens.
A dedicated service may exist to verify the claims of a token by analyzing transactions on the explorer. In this manner, verification may be automated to ensure a token's claims are valid. The logical extension of this method may be to extend the interface and support flagging erroneous claims, all the while maintaining a simple goal of validating and verifying a staked amount exists to benefit the operator experience.
## Copyright
Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).

0 comments on commit 23c28bd

Please sign in to comment.