322 lines
7.7 KiB
Markdown
322 lines
7.7 KiB
Markdown
# WETH9 1:1 Ratio Verification - Complete Implementation
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## Overview
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This document provides a complete guide for verifying that WETH9 maintains a strict 1:1 ratio with ETH. All verification tools and scripts have been created and are ready to use.
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## Tools Created
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### 1. Contract Inspection Script
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**File**: `scripts/inspect-weth9-contract.sh`
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**Purpose**: Inspects the WETH9 contract implementation without requiring transactions.
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**Usage**:
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```bash
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./scripts/inspect-weth9-contract.sh
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```
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**What it checks**:
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- Contract existence and bytecode
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- ERC-20 function availability (balanceOf, totalSupply, decimals)
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- 1:1 backing verification (contract ETH balance = total supply)
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- Function signatures in bytecode
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- Bytecode size analysis
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**Output**: Reports whether contract appears to maintain 1:1 backing.
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### 2. Ratio Verification Script
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**File**: `scripts/verify-weth9-ratio.sh`
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**Purpose**: Tests the actual 1:1 ratio by performing a real deposit transaction.
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**Usage**:
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```bash
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./scripts/verify-weth9-ratio.sh [private_key] [test_amount]
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```
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**Example**:
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```bash
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./scripts/verify-weth9-ratio.sh 0xYourPrivateKey 0.001
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```
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**What it does**:
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- Checks initial balances
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- Wraps a test amount (e.g., 0.001 ETH)
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- Measures exact WETH9 received
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- Calculates and reports the ratio
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- Verifies contract backing
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**Output**: Reports if ratio is exactly 1:1 or if there's a mismatch.
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### 3. Deposit Test Suite
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**File**: `scripts/test-weth9-deposit.sh`
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**Purpose**: Comprehensive testing with multiple amounts to verify consistency.
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**Usage**:
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```bash
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./scripts/test-weth9-deposit.sh [private_key] [amount1] [amount2] ...
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```
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**Example**:
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```bash
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./scripts/test-weth9-deposit.sh 0xYourPrivateKey 0.001 0.01 0.1
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```
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**What it does**:
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- Tests multiple deposit amounts
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- Verifies 1:1 ratio for each amount
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- Calculates gas costs separately
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- Provides detailed results for each test
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- Summary report of all tests
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**Output**: Pass/fail for each test amount and overall summary.
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### 4. Standard Comparison Script
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**File**: `scripts/compare-weth9-standard.sh`
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**Purpose**: Compares local WETH9 contract with standard WETH9 implementation.
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**Usage**:
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```bash
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./scripts/compare-weth9-standard.sh
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```
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**What it checks**:
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- Function signatures match standard WETH9
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- Contract behavior matches standard (1:1 backing)
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- Decimals function (if available)
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- Bytecode characteristics
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**Output**: Reports differences from standard WETH9.
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### 5. Updated Wrap Script
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**File**: `scripts/wrap-and-bridge-to-ethereum.sh`
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**Enhancement**: Now includes automatic 1:1 ratio verification after wrapping.
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**What it does**:
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- Wraps ETH to WETH9
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- Automatically verifies 1:1 ratio after wrap
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- Warns if ratio is not 1:1
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- Provides detailed logging
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## Verification Workflow
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### Step 1: Inspect Contract (No Transaction Required)
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```bash
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./scripts/inspect-weth9-contract.sh
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```
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This will:
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- ✅ Check if contract exists
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- ✅ Verify 1:1 backing (balance = supply)
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- ✅ Check function availability
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- ✅ Analyze bytecode
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**If this passes**: Contract structure looks correct.
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**If this fails**: Contract may have implementation issues.
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### Step 2: Test Actual Ratio (Requires Private Key)
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```bash
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./scripts/verify-weth9-ratio.sh [private_key] 0.001
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```
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This will:
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- ✅ Perform actual deposit transaction
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- ✅ Measure exact WETH9 received
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- ✅ Calculate actual ratio
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- ✅ Report if ratio is 1:1
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**If this passes**: 1:1 ratio is confirmed.
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**If this fails**: Contract has non-1:1 behavior (fees or modifications).
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### Step 3: Comprehensive Testing (Optional)
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```bash
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./scripts/test-weth9-deposit.sh [private_key] 0.001 0.01 0.1 1.0
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```
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This will:
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- ✅ Test multiple amounts
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- ✅ Verify consistency across different amounts
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- ✅ Identify if issue is amount-specific
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- ✅ Provide comprehensive report
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**If all pass**: 1:1 ratio is consistent across all amounts.
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**If some fail**: Issue may be amount-specific or inconsistent.
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### Step 4: Compare with Standard (Optional)
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```bash
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./scripts/compare-weth9-standard.sh
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```
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This will:
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- ✅ Compare function signatures
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- ✅ Check standard behavior
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- ✅ Identify deviations
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**If matches**: Contract likely matches standard WETH9.
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**If differs**: Contract may be modified version.
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## Expected Results
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### ✅ Correct 1:1 Ratio
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```
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Input: 1.0 ETH
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Output: 1.0 WETH9
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Ratio: 1.0 ✅
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Contract Balance: 100 ETH
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Total Supply: 100 WETH9
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Backing: 1:1 ✅
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```
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### ❌ Non-1:1 Ratio (Problem)
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```
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Input: 1.0 ETH
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Output: 0.99 WETH9
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Ratio: 0.99 ❌
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This indicates:
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- Fees being deducted
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- Modified contract implementation
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- Accounting errors
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```
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## Troubleshooting
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### Issue: Verification Script Fails
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**Possible Causes**:
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1. Contract has fees in deposit()
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2. Contract implementation modified
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3. Network/RPC issues
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**Solutions**:
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1. Run inspection script to check contract structure
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2. Compare with standard WETH9
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3. Check transaction details for hidden fees
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4. Consider deploying standard WETH9 if contract is modified
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### Issue: Ratio Varies by Amount
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**Possible Causes**:
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1. Percentage-based fees
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2. Minimum fee thresholds
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3. Rounding errors at different scales
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**Solutions**:
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1. Test multiple amounts (use test suite)
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2. Identify fee pattern
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3. Document fee structure
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4. Consider if fees are acceptable
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### Issue: Contract Balance ≠ Total Supply
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**Possible Causes**:
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1. ETH withdrawn without burning WETH9
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2. Accounting errors
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3. Contract bugs
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**Solutions**:
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1. This is a CRITICAL issue
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2. Contract may be compromised
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3. Consider emergency measures
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4. May need contract replacement
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## Documentation
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All documentation is available in the `docs/` directory:
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1. **WETH9_1_TO_1_RATIO_VERIFICATION.md** - Detailed verification guide
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2. **WETH9_RATIO_ISSUE_REVIEW.md** - Problem analysis and investigation
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3. **WRAP_AND_BRIDGE_TO_ETHEREUM.md** - Wrapping and bridging guide
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4. **WETH9_VERIFICATION_COMPLETE.md** - This document
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## Quick Reference
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### Run All Verifications
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```bash
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# 1. Inspect contract (no key needed)
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./scripts/inspect-weth9-contract.sh
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# 2. Test ratio (needs private key)
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./scripts/verify-weth9-ratio.sh [private_key] 0.001
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# 3. Comprehensive test (needs private key)
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./scripts/test-weth9-deposit.sh [private_key] 0.001 0.01 0.1
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# 4. Compare with standard (no key needed)
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./scripts/compare-weth9-standard.sh
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```
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### Check Specific Values
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```bash
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# Contract balance
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cast balance 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2 \
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--rpc-url http://192.168.11.250:8545
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# Total supply
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cast call 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2 \
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"totalSupply()" --rpc-url http://192.168.11.250:8545
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# User balance
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cast call 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2 \
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"balanceOf(address)" [address] \
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--rpc-url http://192.168.11.250:8545
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```
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## Next Steps After Verification
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### If Ratio is 1:1 ✅
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1. **Document the verification** - Record test results
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2. **Update documentation** - Note that ratio is confirmed
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3. **Continue using contract** - No changes needed
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### If Ratio is NOT 1:1 ❌
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1. **Document the issue** - Record exact amounts and ratio
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2. **Investigate contract** - Decompile and analyze bytecode
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3. **Compare with standard** - Identify differences
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4. **Determine solution**:
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- If fees are intentional: Document fee structure
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- If bug: Report and fix
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- If modified: Consider deploying standard WETH9
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## Summary
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All verification tools are now available:
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✅ Contract inspection script
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✅ Ratio verification script
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✅ Comprehensive test suite
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✅ Standard comparison script
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✅ Updated wrap script with verification
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**To verify 1:1 ratio, run**:
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```bash
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./scripts/verify-weth9-ratio.sh [private_key] 0.001
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```
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**For comprehensive testing**:
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```bash
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./scripts/test-weth9-deposit.sh [private_key] 0.001 0.01 0.1
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```
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All tools are ready to use and will provide detailed reports on whether the WETH9 contract maintains the required 1:1 ratio with ETH.
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