Source – Alkane 2:89565 — SUBFROST Explorer

README.md10,243 B

# FIRE Token System
FIRE is a utility token built on [Alkanes](https://github.com/kungfuflex/alkanes-rs) that rewards LP stakers on Bitcoin. 0% premine, 100% emission. Halving synchronized with Bitcoin.
## Overview
- **LP Staking** — Earn FIRE by staking DIESEL/frBTC LP tokens with lock multipliers (1x–3x)
- **wLP** — Wrapped LP: fungible receipt for staked LP, extractable via Split/Merge
- **Bonding** — Purchase FIRE at a discount with LP tokens (protocol-owned liquidity)
- **Redemption Floor** — Burn FIRE for treasury backing (guaranteed price floor)
- **Upgradeable** — All contracts behind upgradeable proxies with auth-token-controlled upgrades
## Token Economics
| Metric | Value |
|--------|-------|
| Maximum Supply | 2,100,000 FIRE |
| Decimals | 8 |
| Premine | 0% |
| Staking Pool | 85% (1,785,000 FIRE) |
| Bonding Pool | 15% (315,000 FIRE) |
| Halving | Every 105,000 blocks (~2 years) |
| Activation | Block 950,420 (staking + bonding start) |
| First Halving | Block 1,050,000 (Bitcoin halving #5) |
See [docs/TOKENOMICS.md](docs/TOKENOMICS.md) for complete tokenomics.
## Architecture
All contracts deployed behind upgradeable proxies (OYL AMM pattern). Staking clones and position NFTs use beacon-proxy pattern for atomic upgrades across all existing instances.
```
User → Proxy 2:N → delegatecall → Implementation (4:512-517)
User → Epoch Clone 2:N → staticcall Staking-Beacon → delegatecall → Impl 4:518
User → Position NFT 2:M → staticcall Position-Beacon → delegatecall → Impl 4:521
```
Shared bytecode (`fire_upgradeable.wasm`, `fire_upgradeable_beacon.wasm`,
`alkanes_std_beacon_proxy.wasm`) is uploaded once and cloned via `CREATECHILD`.
The 6 singleton proxy IDs and 2 beacon IDs are assigned by the runtime at deploy
time and exported to `.deploy-ids.env`.
**Master auth (FIRE-AUTH at 4:666)** — a single shared NFT controls every upgradeable
proxy and beacon in the system. One key, one source of truth. Holding ≥1 unit of 4:666
authorises calling `upgrade` (opcode 32766) on any of:
- 6 fire-upgradeable proxies (token / staking-factory / treasury / bonding / redemption / oracle)
- staking beacon — affects all epoch clones
- position-token beacon — affects all existing position NFTs
Bond NFTs and wLP series tokens are deployed as immutable templates (no beacon).
See [deploy-proxied.sh](./scripts/deploy-proxied.sh) for the exact deploy order.
## Mainnet Deployment
Deployed and verified on 2026-05-26 (blocks 951043–951088). All contracts
verified live via `alkanes-cli alkanes simulate` against canonical metashrew
state.
| Slot | Contract | Alkane ID | Impl | Createchild TXID |
|------|----------|-----------|------|------------------|
| Master auth | FIRE-AUTH | `4:666` | — | — |
| Beacon | staking beacon | `2:77621` | → `4:518` | `5b0bb37a…` |
| Beacon | position beacon | `2:77622` | → `4:521` | `5ef8aaf1…` |
| Singleton proxy | fire-token | `2:77623` | `4:512` | `0be7104a…` |
| Singleton proxy | fire-staking-factory | `2:77624` | `4:513` | `4cd5606a…` |
| Singleton proxy | fire-redemption | `2:77625` | `4:516` | `fea76afc…` |
| Singleton proxy | fire-price-oracle | `2:77626` | `4:517` | `ea8a5d49…` |
| Singleton proxy | fire-bonding | `2:77627` | `4:515` | `1e9052c4…` |
| Singleton proxy | fire-treasury | `2:77628` | `4:514` | `a508ea90…` |
| Epoch-0 clone | staking (block 950420 → 1055420) | `2:77631` | beacon `2:77621` | `5a1e25ef…` |
| Epoch-0 wLP | wrapped-LP series token "FIRE-PT-0" | `2:77632` | — | `5a1e25ef…` |
| Reference | DIESEL/frBTC LP token | `2:77087` | — | — |
Init TXIDs (Phase 7, sequential with auth NFT forward):
- fire-token init: `9a6c2500…` (block 951075)
- treasury init: `aba951b0…` (block 951077)
- redemption init: `135a9e6f…`
- bonding init: `7de0574e…` (block 951082)
- factory init: `59238485…` (block 951083)
- oracle init: `d50d635c…` (block 951085)
- Phase 8 create_next_epoch: `5a1e25ef…` (block 951088)
> **Note:** An earlier deploy attempt on 2026-05-24 (blocks 950864-950902)
> used wrong AlkaneIds due to espo indexer off-by-one shift. Those Phase 7
> init txs landed on the wrong canonical contracts (`2:77607-2:77614`
> range) and are documented in `.deploy-ids.env` under `DEPRECATED_*`. They
> cannot mint FIRE (auth checks block any extraction) but should not be
> used for any integration.
## Staking Flow
```
Stake(LP, lock, amount) → NFT position (FIRE yield + LP claim)
Simple: Unstake(NFT) → LP + FIRE
Advanced: Split(NFT) → NFT + wLP → trade wLP separately
Merge(NFT + wLP) → NFT → Unstake → LP + FIRE
After expiry: RedeemExpired(wLP) → LP (no NFT needed)
```
## Contracts
| Contract | Description |
|----------|-------------|
| `fire-staking` | LP staking with wLP, NFT positions, Synthetix accumulator |
| `fire-token` | FIRE token with capped supply and dual emission pools |
| `fire-position-token` | NFT template for staking positions (factory clone) |
| `fire-series-token` | Fungible token template for wLP / FIRE-PT-N (factory clone) |
| `fire-treasury` | Passive treasury for redemption floor backing |
| `fire-bonding` | Bond LP for discounted FIRE with vesting |
| `fire-redemption` | Burn FIRE for proportional treasury backing |
| `fire-price-oracle` | Staking-based bond pricing (fail-closed, via factory) |
| `fire-staking-factory` | Epoch manager (creates beacon-proxy staking clones per halving) |
| `fire-bond-token` | NFT template for bond positions |
| `fire-support` | Shared math utilities |
| `fire-constants` | System constants, template IDs, proxy opcodes |
## Project Structure
```
fire/
├── alkanes/ # Contract source (compiled to WASM)
│ ├── fire-token/ # FIRE token — impl 4:512 (proxy 2:N)
│ ├── fire-staking/ # LP staking — beacon impl 4:518, epoch clones 2:N
│ ├── fire-staking-factory/ # Epoch manager — impl 4:513 (proxy 2:N)
│ ├── fire-treasury/ # Redemption floor — impl 4:514 (proxy 2:N)
│ ├── fire-bonding/ # LP bonding — impl 4:515 (proxy 2:N)
│ ├── fire-redemption/ # FIRE → LP — impl 4:516 (proxy 2:N)
│ ├── fire-price-oracle/ # Bond pricing — impl 4:517 (proxy 2:N)
│ ├── fire-position-token/ # Staking NFT impl 4:521 (position-beacon 2:N)
│ ├── fire-bond-token/ # Bond NFT template (immutable, 4:263)
│ ├── fire-series-token/ # wLP / FIRE-PT template (immutable, 4:264)
│ ├── fire-master-auth/ # FIRE-AUTH single shared auth NFT (mainnet 4:666)
│ ├── fire-upgradeable/ # Singleton proxy (shared-auth variant)
│ └── fire-upgradeable-beacon/ # Beacon (shared-auth variant)
├── crates/
│ ├── fire-support/ # Math: multipliers, epochs, pricing
│ └── fire-constants/ # Constants, IDs, proxy opcodes
├── src/tests/ # WASM integration tests
├── docs/
│ ├── SPEC.md # Contract specification
│ ├── TOKENOMICS.md # Tokenomics
│ └── TEST_LIST.md # Test checklist (180+ items)
└── scripts/
├── deploy-proxied.sh # Regtest deploy
├── deploy-mainnet.sh # Mainnet deploy (preflight + revert detection)
├── test-upgrade.sh # Upgrade-roundtrip check for all 8 upgradeables
├── test-state.sh # State preservation check after upgrade
└── build-wasms.sh # Build + copy WASMs
Proxy infrastructure:
fire-upgradeable # Singleton proxy (delegatecall → impl, shared auth)
fire-upgradeable-beacon # Beacon (stores impl, upgrade_to, shared auth)
fire-master-auth # FIRE-AUTH single shared auth NFT (mainnet 4:666)
alkanes-std-beacon-proxy # Clone template (queries beacon → delegatecall)
Deployed topology:
4:666 FIRE-AUTH master auth (mainnet — 1 unit, controls every upgradeable below)
4:512-518 Logic implementations (behind proxies)
4:521 Position-token implementation
4:520 Beacon-proxy template (shared by staking clones AND position NFTs)
4:530 fire-upgradeable template (CREATECHILD source for 6 proxies)
4:531 fire-upgradeable-beacon template (CREATECHILD source for both beacons)
4:263-264 Bond-token / wLP series-token templates (immutable, no beacon)
2:N Dynamic: 6 proxies + staking-beacon + position-beacon
+ epoch staking clones + position NFTs
(all 8 upgradeable singletons exported to .deploy-ids.env
at deploy time)
```
## Building
```bash
# Prerequisites
rustup target add wasm32-unknown-unknown
cargo install -f wasm-bindgen-cli --version 0.2.100
# Build all WASMs (mainnet)
./scripts/build-wasms.sh
# Build with HALVING_INTERVAL=200 for regtest end-to-end epoch testing
./scripts/build-wasms.sh --devnet
# Unit tests (native)
cargo test -p fire-support -p fire-constants
# Integration tests (WASM, needs CC=clang on macOS)
CC="/opt/homebrew/opt/llvm/bin/clang" cargo test --target wasm32-unknown-unknown
# Deploy (regtest)
./scripts/deploy-proxied.sh # mainnet params
DEVNET=1 ./scripts/deploy-proxied.sh # devnet params (activation = current+5)
./scripts/test-upgrade.sh # verify all 8 upgradeables roundtrip
./scripts/test-state.sh # verify state preserved through upgrade
# Deploy (mainnet)
DEPLOY_PASSWORD=$(security find-generic-password -s fire-deploy -w) \
FEE_RATE=10 LP_BLOCK=2 LP_TX=77087 \
./scripts/deploy-mainnet.sh
# Upgrade any contract (mainnet master auth = 4:666, proxy/beacon IDs in .deploy-ids.env):
# 1. Deploy new logic: [3,NEW_ID,99]:v0:v0 --envelope new.wasm
# 2. Upgrade proxy: [PROXY_BLOCK,PROXY_TX,32766,4,NEW_ID]:v0:v0 --inputs 4:666:1
# 3. Upgrade beacon: [BEACON_BLOCK,BEACON_TX,32766,4,NEW_ID]:v0:v0 --inputs 4:666:1
```
## License
See repository root.

Verified Source