manager.gno
9.75 Kb · 339 lines
1package pool
2
3import (
4 "chain"
5 "errors"
6
7 prabc "gno.land/p/gnoswap/rbac"
8 "gno.land/p/gnoswap/utils"
9 ufmt "gno.land/p/nt/ufmt/v0"
10
11 "gno.land/r/gnoswap/access"
12 "gno.land/r/gnoswap/common"
13 gns "gno.land/r/gnoswap/gns"
14 "gno.land/r/gnoswap/halt"
15 pl "gno.land/r/gnoswap/pool"
16
17 en "gno.land/r/gnoswap/emission"
18)
19
20const GNS_TOKEN_KEY string = "gno.land/r/gnoswap/gns.GNS"
21
22// CreatePool creates a new concentrated liquidity pool.
23//
24// Deploys new AMM pool for token pair with specified fee tier.
25// Charges 100 GNS creation fee to prevent spam.
26// Sets initial price and tick spacing based on fee tier.
27//
28// Parameters:
29// - token0Path, token1Path: Token contract paths (ordered by address)
30// - fee: Fee tier (100=0.01%, 500=0.05%, 3000=0.3%, 10000=1%)
31// - sqrtPriceX96: Initial sqrt price in Q64.96 format
32//
33// Tick spacing by fee tier:
34// - 0.01%: 1 tick
35// - 0.05%: 10 ticks
36// - 0.30%: 60 ticks
37// - 1.00%: 200 ticks
38//
39// Requirements:
40// - Tokens must be different
41// - Fee tier must be supported
42// - Pool must not already exist
43// - Caller must have 100 GNS for creation fee
44//
45// IMPORTANT - Price Initialization Security:
46//
47// The sqrtPriceX96 parameter allows arbitrary initial price setting without validation.
48// Extreme prices can make pools temporarily unusable (griefing attack).
49//
50// Recovery from Price Griefing:
51//
52// If a pool is created with an incorrect price, it can be restored via atomic transaction:
53// 1. Add wide-range liquidity at the distorted price
54// 2. Execute swap to move price toward market rate
55// 3. Remove the liquidity
56// The executor's LP losses offset arbitrage gains (minus fees).
57func (i *poolV1) CreatePool(
58 _ int,
59 rlm realm,
60 token0Path string,
61 token1Path string,
62 fee uint32,
63 sqrtPriceX96 string,
64) {
65 if !rlm.IsCurrent() {
66 panic(errors.New(errSpoofedRealm))
67 }
68
69 i.assertPoolUnlocked()
70 halt.AssertIsNotHaltedPool()
71
72 assertIsSupportedFeeTier(fee)
73 assertIsNotExistsPoolPath(i, token0Path, token1Path, fee)
74
75 i.lockPool(0, rlm)
76 defer i.unlockPool(0, rlm)
77
78 en.MintAndDistributeGns(cross(rlm))
79
80 slot0FeeProtocol := i.store.GetSlot0FeeProtocol()
81
82 poolInfo := newPoolParams(
83 token0Path,
84 token1Path,
85 fee,
86 sqrtPriceX96,
87 i.GetFeeAmountTickSpacing(fee),
88 slot0FeeProtocol,
89 )
90
91 err := poolInfo.update()
92 if err != nil {
93 panic(err)
94 }
95
96 // validate token paths are not the same after wrapping
97 assertIsNotEqualsTokens(poolInfo.token0Path, poolInfo.token1Path)
98
99 // check if wrapped token paths are registered
100 common.MustRegistered(poolInfo.token0Path, poolInfo.token1Path)
101
102 pool := newPool(poolInfo)
103 poolPath := poolInfo.poolPath()
104
105 pools := i.store.GetPools()
106 pools.Set(poolPath, pool)
107
108 err = i.store.SetPools(0, rlm, pools)
109 if err != nil {
110 panic(err)
111 }
112
113 poolCreationFee := i.store.GetPoolCreationFee()
114
115 if poolCreationFee > 0 {
116 previousRealm := rlm.Previous()
117 previousRealmAddr := previousRealm.Address()
118 poolAddr := access.MustGetAddress(prabc.ROLE_POOL.String())
119 gns.TransferFrom(cross(rlm), previousRealmAddr, poolAddr, poolCreationFee)
120 i.addPendingProtocolFee(0, rlm, GNS_TOKEN_KEY, poolCreationFee)
121
122 chain.Emit(
123 "PoolCreationFee",
124 "prevAddr", previousRealmAddr.String(),
125 "prevRealm", previousRealm.PkgPath(),
126 "poolPath", poolPath,
127 "feeTokenPath", GNS_TOKEN_KEY,
128 "feeAmount", utils.FormatInt(poolCreationFee),
129 )
130 }
131 i.addToProtocolFee(0, rlm)
132
133 previousRealm := rlm.Previous()
134 chain.Emit(
135 "CreatePool",
136 "prevAddr", previousRealm.Address().String(),
137 "prevRealm", previousRealm.PkgPath(),
138 "token0Path", token0Path,
139 "token1Path", token1Path,
140 "fee", utils.FormatUint(fee),
141 "sqrtPriceX96", sqrtPriceX96,
142 "poolPath", poolPath,
143 "tick", utils.FormatInt(pool.Slot0Tick()),
144 "tickSpacing", utils.FormatInt(poolInfo.TickSpacing()),
145 )
146}
147
148// SetFeeProtocol sets the protocol fee percentage for all pools.
149//
150// Parameters:
151// - feeProtocol0, feeProtocol1: fee percentages (0-10)
152//
153// Only callable by admin or governance.
154func (i *poolV1) SetFeeProtocol(_ int, rlm realm, feeProtocol0, feeProtocol1 uint8) {
155 if !rlm.IsCurrent() {
156 panic(errors.New(errSpoofedRealm))
157 }
158
159 i.assertPoolUnlocked()
160 halt.AssertIsNotHaltedPool()
161
162 caller := rlm.Previous().Address()
163 access.AssertIsAdminOrGovernance(caller)
164
165 i.lockPool(0, rlm)
166 defer i.unlockPool(0, rlm)
167
168 err := i.setFeeProtocolInternal(0, rlm, feeProtocol0, feeProtocol1)
169 if err != nil {
170 panic(err)
171 }
172}
173
174// setFeeAmountTickSpacing associates a tick spacing value with a fee amount.
175func (i *poolV1) setFeeAmountTickSpacing(_ int, rlm realm, fee uint32, tickSpacing int32) error {
176 feeAmountTickSpacing := i.store.GetFeeAmountTickSpacing()
177 feeAmountTickSpacing[fee] = tickSpacing
178
179 return i.store.SetFeeAmountTickSpacing(0, rlm, feeAmountTickSpacing)
180}
181
182func (i *poolV1) getPool(poolPath string) (*pl.Pool, error) {
183 pools := i.store.GetPools()
184
185 iPool := pools.Get(poolPath)
186 if iPool == nil {
187 return nil, ufmt.Errorf("expected poolPath(%s) to exist", poolPath)
188 }
189
190 p, ok := iPool.(*pl.Pool)
191 if !ok {
192 return nil, ufmt.Errorf("failed to cast pool to *Pool: %T", iPool)
193 }
194
195 return p, nil
196}
197
198// mustGetPool retrieves a pool instance by its path and ensures it exists.
199func (i *poolV1) mustGetPool(poolPath string) (pool *pl.Pool) {
200 p, err := i.getPool(poolPath)
201 if err != nil {
202 panic(makeErrorWithDetails(errDataNotFound, err.Error()))
203 }
204
205 return p
206}
207
208func (i *poolV1) mustGetPoolBy(token0Path, token1Path string, fee uint32) *pl.Pool {
209 poolPath := GetPoolPath(token0Path, token1Path, fee)
210 return i.mustGetPool(poolPath)
211}
212
213// savePool updates a pool in the pools map and persists to storage.
214// This ensures that modifications to pool objects are properly saved.
215func (i *poolV1) savePool(_ int, rlm realm, pool *pl.Pool) error {
216 pools := i.store.GetPools()
217 pools.Set(pool.PoolPath(), pool)
218
219 return i.store.SetPools(0, rlm, pools)
220}
221
222// setFeeProtocolInternal updates the protocol fee for all pools and emits an event.
223func (i *poolV1) setFeeProtocolInternal(_ int, rlm realm, feeProtocol0, feeProtocol1 uint8) error {
224 oldFee := i.store.GetSlot0FeeProtocol()
225 newFee, err := i.setFeeProtocol(0, rlm, feeProtocol0, feeProtocol1)
226 if err != nil {
227 return err
228 }
229
230 feeProtocol0Old := oldFee % 16
231 feeProtocol1Old := oldFee >> 4
232
233 previousRealm := rlm.Previous()
234 chain.Emit(
235 "SetFeeProtocol",
236 "prevAddr", previousRealm.Address().String(),
237 "prevRealm", previousRealm.PkgPath(),
238 "prevFeeProtocol0", utils.FormatUint(feeProtocol0Old),
239 "prevFeeProtocol1", utils.FormatUint(feeProtocol1Old),
240 "feeProtocol0", utils.FormatUint(feeProtocol0),
241 "feeProtocol1", utils.FormatUint(feeProtocol1),
242 "newFee", utils.FormatUint(newFee),
243 )
244
245 return nil
246}
247
248// setFeeProtocol updates the protocol fee configuration for all managed pools.
249//
250// This function combines the protocol fee values for token0 and token1 into a single `uint8` value,
251// where:
252// - Lower 4 bits store feeProtocol0 (for token0).
253// - Upper 4 bits store feeProtocol1 (for token1).
254//
255// The updated fee protocol is applied uniformly to all pools managed by the system.
256//
257// Parameters:
258// - feeProtocol0: protocol fee for token0 (must be 0 or between 4 and 10 inclusive).
259// - feeProtocol1: protocol fee for token1 (must be 0 or between 4 and 10 inclusive).
260//
261// Returns:
262// - newFee (uint8): the combined fee protocol value.
263//
264// Example:
265// If feeProtocol0 = 4 and feeProtocol1 = 5:
266//
267// newFee = 4 + (5 << 4)
268// // Results in: 0x54 (84 in decimal)
269// // Binary: 0101 0100
270// // ^^^^ ^^^^
271// // fee1=5 fee0=4
272//
273// Notes:
274// - This function ensures that all pools under management are updated to use the same fee protocol.
275// - Caller restrictions (e.g., admin or governance) are not enforced in this function.
276// - Ensure the system is not halted before updating fees.
277func (i *poolV1) setFeeProtocol(_ int, rlm realm, feeProtocol0, feeProtocol1 uint8) (uint8, error) {
278 if err := validateFeeProtocol(feeProtocol0, feeProtocol1); err != nil {
279 return 0, err
280 }
281
282 // combine both protocol fee into a single byte:
283 // - feePrtocol0 occupies the lower 4 bits
284 // - feeProtocol1 is shifted the lower 4 positions to occupy the upper 4 bits
285 newFee := feeProtocol0 + (feeProtocol1 << 4) // ( << 4 ) = ( * 16 )
286
287 pools := i.store.GetPools()
288
289 // Update slot0 for each pool
290 pools.Iterate("", "", func(poolPath string, poolI any) bool {
291 pool, ok := poolI.(*pl.Pool)
292 if !ok {
293 panic(ufmt.Errorf("failed to cast pool to *Pool: %T", pool))
294 }
295
296 slot0 := pool.Slot0()
297 slot0.SetFeeProtocol(newFee)
298
299 pool.SetSlot0(slot0)
300 return false
301 })
302
303 // update slot0
304 err := i.store.SetSlot0FeeProtocol(0, rlm, newFee)
305 if err != nil {
306 return 0, err
307 }
308
309 return newFee, nil
310}
311
312// validateFeeProtocol validates the fee protocol values for token0 and token1.
313//
314// This function checks whether the provided fee protocol values (`feeProtocol0` and `feeProtocol1`)
315// are valid using the `isValidFeeProtocolValue` function. If either value is invalid, it returns
316// an error indicating that the protocol fee percentage is invalid.
317//
318// Parameters:
319// - feeProtocol0: uint8, the fee protocol value for token0.
320// - feeProtocol1: uint8, the fee protocol value for token1.
321//
322// Returns:
323// - error: Returns `errInvalidProtocolFeePct` if either `feeProtocol0` or `feeProtocol1` is invalid.
324// Returns `nil` if both values are valid.
325func validateFeeProtocol(feeProtocol0, feeProtocol1 uint8) error {
326 if !isValidFeeProtocolValue(feeProtocol0) || !isValidFeeProtocolValue(feeProtocol1) {
327 return errors.New(errInvalidProtocolFeePct)
328 }
329 return nil
330}
331
332// isValidFeeProtocolValue checks if a fee protocol value is within acceptable range.
333// Valid values are either 0 (disabled) or between 4 and 10 inclusive.
334//
335// The value is used as a denominator: protocolFee = swapFee / feeProtocol
336// (e.g., feeProtocol=4 means 1/4 = 25% of swap fees go to protocol)
337func isValidFeeProtocolValue(value uint8) bool {
338 return value == 0 || (value >= 4 && value <= 10)
339}