Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

check liquidity in swaps only #736

Merged
merged 6 commits into from
Nov 17, 2022
Merged
Show file tree
Hide file tree
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
24 changes: 10 additions & 14 deletions contracts/simple_dex/lib.rs
Original file line number Diff line number Diff line change
Expand Up @@ -153,6 +153,12 @@ mod simple_dex {
let this = self.env().account_id();
let caller = self.env().caller();

let balance_token_out = self.balance_of(token_out, this)?;
if balance_token_out < min_amount_token_out {
// throw early if we cannot support this swap anyway due to liquidity being too low
return Err(DexError::NotEnoughLiquidityOf(token_out));
}

let swap_pair = SwapPair::new(token_in, token_out);
if !self.swap_pairs.contains(&swap_pair) {
return Err(DexError::UnsupportedSwapPair(swap_pair));
Expand All @@ -163,12 +169,7 @@ mod simple_dex {
return Err(DexError::InsufficientAllowanceOf(token_in));
}

let amount_token_out = self.out_given_in(
token_in,
token_out,
amount_token_in,
Some(min_amount_token_out),
)?;
let amount_token_out = self.out_given_in(token_in, token_out, amount_token_in)?;

if amount_token_out < min_amount_token_out {
// thrown if too much slippage occured before this tx gets executed
Expand Down Expand Up @@ -360,25 +361,20 @@ mod simple_dex {

/// Swap trade output given a curve with equal token weights
///
/// swap_fee_percentage (integer) is a percentage of the trade that goes towards the pool
/// B_0 - (100 * B_0 * B_i) / (100 * (B_i + A_i) -A_i * fee)
/// B_0 - (100 * B_0 * B_i) / (100 * (B_i + A_i) - A_i * swap_fee)
/// where swap_fee (integer) is a percentage of the trade that goes towards the pool
/// and is used to pay the liquidity providers
#[ink(message)]
pub fn out_given_in(
&self,
token_in: AccountId,
token_out: AccountId,
amount_token_in: Balance,
min_amount_token_out: Option<Balance>,
) -> Result<Balance, DexError> {
let this = self.env().account_id();
let balance_token_in = self.balance_of(token_in, this)?;
let balance_token_out = self.balance_of(token_out, this)?;

if min_amount_token_out.map_or(false, |x| balance_token_out < x) {
// throw early if we cannot support this swap anyway due to liquidity being too low
return Err(DexError::NotEnoughLiquidityOf(token_out));
}

let op0 = amount_token_in
.checked_mul(self.swap_fee_percentage)
.ok_or(DexError::Arithmethic)?;
Expand Down
2 changes: 0 additions & 2 deletions e2e-tests/src/test/button_game/contracts.rs
Original file line number Diff line number Diff line change
Expand Up @@ -78,7 +78,6 @@ impl SimpleDexInstance {
token_in: &PSP22TokenInstance,
token_out: &PSP22TokenInstance,
amount_token_in: Balance,
min_amount_token_out: Option<Balance>,
) -> Result<Balance> {
let token_in: AccountId = token_in.into();
let token_out: AccountId = token_out.into();
Expand All @@ -91,7 +90,6 @@ impl SimpleDexInstance {
token_in.to_string(),
token_out.to_string(),
amount_token_in.to_string(),
min_amount_token_out.map_or("None".to_string(), |x| format!("Some({:})", x)),
],
)?
.try_into()?
Expand Down
9 changes: 4 additions & 5 deletions e2e-tests/src/test/button_game/mod.rs
Original file line number Diff line number Diff line change
Expand Up @@ -72,13 +72,12 @@ pub fn simple_dex(config: &Config) -> Result<()> {
)?;

let more_than_liquidity = mega(1_000_000);
assert!(dex
.out_given_in(account_conn, token1, token2, 100, Some(more_than_liquidity))
.is_err());
dex.swap(account_conn, token1, 100, token2, more_than_liquidity)?;
refute_recv_id(&mut events, "Swapped");

let initial_amount = mega(100);
token1.mint(authority_conn, &account.public().into(), initial_amount)?;
let expected_output = dex.out_given_in(account_conn, token1, token2, initial_amount, None)?;
let expected_output = dex.out_given_in(account_conn, token1, token2, initial_amount)?;
assert!(expected_output > 0);

let at_most_10_percent_slippage = expected_output * 9 / 10;
Expand All @@ -100,7 +99,7 @@ pub fn simple_dex(config: &Config) -> Result<()> {
let balance_after = token1.balance_of(&conn, &account.public().into())?;
assert!(initial_amount.abs_diff(balance_after) <= 1);
assert!(
dex.out_given_in(account_conn, token1, token2, initial_amount, None)?
dex.out_given_in(account_conn, token1, token2, initial_amount)?
.abs_diff(expected_output)
<= 1
);
Expand Down