PancakeBoostedDelegate

The PancakeBoostedDelegate is the market contract that accepts V3LPVault shares as collateral. Unlike Morpho markets, this contract does not move funds elsewhere; the underlying asset is the yield-bearing vault share itself.

🛠️ Key Functions & Parameters

✅ vaultTotalAssets()

Returns the total token0-equivalent value of all LP positions held by the underlying vault.

• Returns:

  • uint256: Total assets.

✅ vaultSharesHeld()

Returns the amount of vault shares currently held by this pToken contract (i.e., the total collateral supplied by users).

• Returns:

  • uint256: Share balance.

✅ vaultTickRange()

Returns the configured tick range for the underlying concentrated liquidity position.

• Returns:

  • int24 tickLower: Lower bound of the LP range.

  • int24 tickUpper: Upper bound of the LP range.

✅ convertVaultSharesToAssets(uint256 shares)

Helper to estimate the underlying value of a given amount of shares.

• Parameters:

  • shares: Amount of vault shares.

• Returns:

  • uint256: Estimated value in Token0 terms.

⚙️ Underlying Vault Mechanics

This market wraps a V3LPVault4626. The vault manages:

• Auto-Compounding: Trading fees are automatically collected and reinvested into the position.

• Pricing: The V3LPVaultOracle determines the secure TWAP value of the LP shares to ensure safe borrowing limits.

For more details on the vault implementation, refer to the codebase contracts/pancakev3/.