From b38f9ee29b961895ed9df65d73d3cd9b5764f5bf Mon Sep 17 00:00:00 2001
From: eden <noat.eth@gmail.com>
Date: Thu, 30 Oct 2025 21:08:25 +0700
Subject: [PATCH] remove deUSD leverage minted by team (#16892)

---
 projects/elixir/index.js | 39 ++++++++++++++++++++++++++++++++++++---
 1 file changed, 36 insertions(+), 3 deletions(-)

diff --git a/projects/elixir/index.js b/projects/elixir/index.js
index 8d823396f..8bbfa047a 100644
--- a/projects/elixir/index.js
+++ b/projects/elixir/index.js
@@ -1,5 +1,7 @@
 const ADDRESSES = require("../helper/coreAssets.json");
 const { sumTokensExport } = require("../helper/unwrapLPs");
+const { getLogs2 } = require('../helper/cache/getLogs');
+
 const MANAGER_ABI = {
   getPoolToken: "function getPoolToken(uint256 id, address token) view returns (address _address, uint256 amount, uint256, bool)",
   getPoolToken_2: "function pools(uint256 id) view returns (address router, uint8 poolType, address token, uint256 orderlyDepositFee, uint256 orderlyWithdrawalFee, uint256 activeAmount, uint256 hardcap)"
@@ -21,6 +23,19 @@ const LP_TOKENS = [
 const VERTEX_MANAGER = '0x052Ab3fd33cADF9D9f227254252da3f996431f75'
 const ORDERLY_MANAGER = '0x79865208f5dc18a476f49e6dbfd7d79785cb8cd8'
 
+// these addresses invoke in leverage borrowing to increase deUSD supply, TVL
+// they use initial USDC, USDT to mint deUSD, stake deUSD to sdeUSD
+// deposit sdeUSD to lending markets, borrow more USDC, USDT
+// after that, they transfer tokens to Stream Finance team wallet and manipulate TVL on Stream Finance too
+const BLACKLIST_MINTERS = [
+  String('0x25E028A45a6012763A76145d7CEEa3587015e990').toLowerCase(),
+  String('0x1bB3c7F27A9170194Dcc6B143c0FBC4ad162F123').toLowerCase(),
+]
+const DeUSDMinting = '0x69088d25a635D22dcbe7c4A5C7707B9cc64bD114';
+const DeUSDMintingFromBlock = 20319826;
+const MintEvent = 'event Mint(address minter, address benefactor, address beneficiary, address indexed collateral_asset, uint256 indexed collateral_amount,uint256 indexed deUSD_amount)';
+const RedeemEvent = 'event Redeem(address redeemer, address benefactor, address beneficiary, address indexed collateral_asset, uint256 indexed collateral_amount,uint256 indexed deUSD_amount)';
+
 const orderlyIntegration = async (api, manager, poolIds) => {
   const pools = await api.multiCall({ abi: MANAGER_ABI.getPoolToken_2, calls: poolIds, target: manager });
   pools.forEach(i => api.add(i.token, i.activeAmount));
@@ -37,9 +52,27 @@ const integration = async (api, manager, poolIds, tokens) => {
 module.exports = {
   ethereum: {
     tvl: async (api) => {
-      const deusdSupply = await api.call({ target: deUSD, abi: "erc20:totalSupply" })
-      api.add(deUSD, deusdSupply);
+      const deusdSupply = Number(await api.call({ target: deUSD, abi: "erc20:totalSupply" }))
+      
       await api.sumTokens({ owners: [COMMITS_CONTRACT, COMMITS_VAULT, COMMITS_VAULT_2], tokens: [ADDRESSES.ethereum.STETH, ADDRESSES.null] })
+      
+      let teamMintedBalance = 0;
+      const mintEvents = await getLogs2({ api, target: DeUSDMinting, fromBlock: DeUSDMintingFromBlock, eventAbi: MintEvent, extraKey: `deusd-mint-${api.chain}` });
+      const redeemEvents = await getLogs2({ api, target: DeUSDMinting, fromBlock: DeUSDMintingFromBlock, eventAbi: RedeemEvent, extraKey: `deusd-redeem-${api.chain}` });
+      for (const event of mintEvents) {
+        if (BLACKLIST_MINTERS.includes(String(event.beneficiary).toLowerCase())) {
+          teamMintedBalance += Number(event.deUSD_amount)
+        }
+      }
+      for (const event of redeemEvents) {
+        if (BLACKLIST_MINTERS.includes(String(event.beneficiary).toLowerCase())) {
+          teamMintedBalance -= Number(event.deUSD_amount)
+        }
+      }
+      
+      teamMintedBalance = teamMintedBalance > 0 ? teamMintedBalance : 0;
+
+      api.add(deUSD, Number(deusdSupply) - teamMintedBalance);
     },
     pool2: sumTokensExport({ owner: DEUSD_LP_STAKING, tokens: LP_TOKENS })
   },
@@ -59,6 +92,6 @@ module.exports = {
   sei: {
     tvl: sumTokensExport({ tokensAndOwners: [
       ['0xBE574b6219C6D985d08712e90C21A88fd55f1ae8', '0x3490a00b308C5A1f0bBF67BA71361F543deBd08F']
-    ]})
+    ], permitFailure: true })
   }
 };