Pool Contract

VarlaPool — an ERC-4626 tokenized vault that manages lender deposits, share pricing, and reserve accrual.

Overview

VarlaPool is the liquidity hub. Lenders deposit stablecoins and receive vault shares. As borrowers pay interest, the share price increases — lenders earn yield simply by holding shares.

Key Functions

Function	Description	Access
`deposit(assets, receiver)`	Deposit stablecoins, receive vault shares	Public
`withdraw(assets, receiver, owner)`	Burn shares, receive stablecoins	Public
`redeem(shares, receiver, owner)`	Redeem specific share amount	Public
`totalAssets()`	Total stablecoins in pool + outstanding borrows	View
`convertToShares(assets)`	Preview shares for a deposit amount	View
`convertToAssets(shares)`	Preview assets for a share amount	View

Share Price Growth

sharePrice = totalAssets / totalShares

totalAssets = availableLiquidity + totalBorrows - reserves

As borrowers pay interest:
├── totalBorrows grows (interest accrues)
├── 90% goes to lenders (increases totalAssets)
├── 10% goes to reserves
└── sharePrice increases → lenders earn yield

VarlaPool implements the full ERC-4626 standard. Any wallet, aggregator, or DeFi protocol that supports ERC-4626 vaults can integrate with Varla's lending pool.