State Transition Instructions

[Role] Instruction

[Admin] CreateEpoch

  • LatestEpoch.index += 1

  • Create new Epoch account with index=LatestEpoch.index

  • Epoch.state = CREATED

[Admin] YieldWithdrawByInvestor / [Admin] FranciumInvest

  • Epoch.total_invested = DepositVault.amount

  • Transfer the contents of Deposit Vault to Investor's USDC ATA or into the Francium protocol.

  • Epoch.state = YIELDING

[Investor] YieldDepositByInvestor / [Admin] FranciumWithdrawInvestment

  • Move funds from Investor's USDC ATA or the Francium protocol back into our program.

  • If return < deposit:

    • Move all of the returns into DepositVault

    • cumulative_return_rate *= return/deposit

    • Epoch.draw_enabled = false

  • Else, If there is enough money to pay jackpot insurer:

    • Epoch.draw_enabled = true

    • Move insurance amount into InsuranceVault.

    • Move deposited amount into DepositVault.

    • Move remaining amount into: TreasuryVault, Tier2PrizeVault, Tier3PrizeVault as per configured ratio.

  • Epoch.draw_enabled` will be used by the off-chain code to decide whether to publish a winning combination in case we enter a no-draw scenario.

  • Epoch.state = FINALISING

[Admin] CreateEpochWinnersMeta

  • Upload metadata of winners

[Admin] PublishEpochWinnersPage

  • Upload list of winner pages by page

  • If this is the last page, mark upload as complete in the EpochWinnersMeta account:

    • Epoch.state = ENDED

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