Tranches

Definition

Analogous to the segments in Lockup Dynamic, a Lockup Tranched stream is composed of multiple tranches with different amounts and durations. The protocol uses these tranches to enable traditional vesting curves with regular unlocks.

Technically, a tranche is a struct with two fields:

Field	Type	Description
Amount	uint128	The amount of assets to be unlocked in a tranche, denoted in units of the asset's decimals.
Timestamp	uint40	The Unix timestamp indicating the tranche's end.

The distribution function of a Lockup tranched stream:

$$f(x) = \Sigma(eta)$$

Where:

• $\Sigma(eta)$ is the sum of all vested tranches' amounts.

Requirements

• The sum of all tranche amounts must equal the deposit amount.
• The block gas limit enforces a limit to how many tranches there can be in a stream.
  • If someone creates a stream with an excessively large number of tranches, the transaction would revert as it wouldn't fit within a block. You can fetch the limit using MAX_TRANCHE_COUNT. Alternatively, you can find the limit for each chain here.
• The timestamps must be sorted in ascending order. It's not possible for the $(i-1)^{th}$ timestamp to be greater than $i^{th}$ timestamp (given that we're dealing with an increasing monotonic function).