[TokenVesting] Add a start parameter to constructor to defer vesting
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@ -19,12 +19,11 @@ contract('TokenVesting', function ([_, owner, beneficiary]) {
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beforeEach(async function () {
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this.token = await MintableToken.new({ from: owner });
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this.cliff = latestTime() + duration.years(1);
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this.end = latestTime() + duration.years(2);
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this.start = latestTime() + duration.minutes(1); // +1 minute so it starts after contract instantiation
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this.cliff = duration.years(1);
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this.duration = duration.years(2);
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this.vesting = await TokenVesting.new(beneficiary, this.cliff, this.end, true, { from: owner });
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this.start = latestTime(); // gets the timestamp at construction
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this.vesting = await TokenVesting.new(beneficiary, this.start, this.cliff, this.duration, true, { from: owner });
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await this.token.mint(this.vesting.address, amount, { from: owner });
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});
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@ -34,55 +33,55 @@ contract('TokenVesting', function ([_, owner, beneficiary]) {
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});
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it('can be released after cliff', async function () {
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await increaseTimeTo(this.cliff + duration.weeks(1));
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await increaseTimeTo(this.start + this.cliff + duration.weeks(1));
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await this.vesting.release(this.token.address).should.be.fulfilled;
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});
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it('should release proper amount after cliff', async function () {
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await increaseTimeTo(this.cliff);
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await increaseTimeTo(this.start + this.cliff);
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const { receipt } = await this.vesting.release(this.token.address);
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const releaseTime = web3.eth.getBlock(receipt.blockNumber).timestamp;
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const balance = await this.token.balanceOf(beneficiary);
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balance.should.bignumber.equal(amount.mul(releaseTime - this.start).div(this.end - this.start).floor());
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balance.should.bignumber.equal(amount.mul(releaseTime - this.start).div(this.duration).floor());
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});
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it('should linearly release tokens during vesting period', async function () {
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const duration = this.end - this.cliff;
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const vestingPeriod = this.duration - this.cliff;
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const checkpoints = 4;
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for (let i = 1; i <= checkpoints; i++) {
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const now = this.cliff + i * (duration / checkpoints);
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const now = this.start + this.cliff + i * (vestingPeriod / checkpoints);
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await increaseTimeTo(now);
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await this.vesting.release(this.token.address);
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const balance = await this.token.balanceOf(beneficiary);
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const expectedVesting = amount.mul(now - this.start).div(this.end - this.start).floor();
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const expectedVesting = amount.mul(now - this.start).div(this.duration).floor();
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balance.should.bignumber.equal(expectedVesting);
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}
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});
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it('should have released all after end', async function () {
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await increaseTimeTo(this.end);
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await increaseTimeTo(this.start + this.duration);
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await this.vesting.release(this.token.address);
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const balance = await this.token.balanceOf(beneficiary);
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balance.should.bignumber.equal(amount);
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});
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it('should be revoked by owner if revocable is set', async function () {
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const vesting = await TokenVesting.new(beneficiary, this.cliff, this.end, true, { from: owner } );
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const vesting = await TokenVesting.new(beneficiary, this.start, this.cliff, this.duration, true, { from: owner } );
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await vesting.revoke(this.token.address, { from: owner }).should.be.fulfilled;
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});
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it('should fail to be revoked by owner if revocable not set', async function () {
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const vesting = await TokenVesting.new(beneficiary, this.cliff, this.end, false, { from: owner } );
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const vesting = await TokenVesting.new(beneficiary, this.start, this.cliff, this.duration, false, { from: owner } );
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await vesting.revoke(this.token.address, { from: owner }).should.be.rejectedWith(EVMThrow);
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});
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it('should return the non-vested tokens when revoked by owner', async function () {
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await increaseTimeTo(this.cliff + duration.weeks(1));
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await increaseTimeTo(this.start + this.cliff + duration.weeks(1));
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await this.vesting.release(this.token.address);
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const vested = await this.vesting.vestedAmount(this.token.address);
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@ -95,7 +94,7 @@ contract('TokenVesting', function ([_, owner, beneficiary]) {
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});
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it('should keep the vested tokens when revoked by owner', async function () {
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await increaseTimeTo(this.cliff + duration.weeks(1));
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await increaseTimeTo(this.start + this.cliff + duration.weeks(1));
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await this.vesting.release(this.token.address);
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const vested = await this.vesting.vestedAmount(this.token.address);
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