πŸ’±StableSwap [USDA-sUSDT LP]

An overview of the contract that implements the BitFlow StableSwap, which features a liquidity pool comprising of USDA and sUSDT.

This contract is designed to administer the USDA-sUSDT liquidity pool for the BitFlow StableSwap. It enables users to execute transactions, such as swapping USDA for sUSDT and vice versa, as well as providing or removing liquidity.

Data Storage

These structures are used to enable the contract to maintain its state, track information, and ensure data integrity.

this-contract

(define-constant this-contract (as-contract tx-sender))

A constant that denotes this contract's address.

deployment-height

(define-constant deployment-height block-height)

A constant that indicates the block height at which this contract was initialized (measured in Stacks blocks).

cycle-length

(define-constant cycle-length u144)

A constant that signifies the duration of one cycle in Stacks blocks, equivalent to 144 blocks or roughly one day.

index-list

(define-constant index-list (list u1 u2 u3 u4 u5 u6 u7 u8 u9 u10 u11 u12 u13 u14 u15 u16 u17 u18 u19 u20 u21 u22 u23 u24 u25 u26 u27 u28 u29 u30 u31 u32 u33 u34 u35 u36 u37 u38 u39 u40 u41 u42 u43 u44 u45 u46 u47 u48 u49 u50 u51 u52 u53 u54 u55 u56 u57 u58 u59 u60 u61 u62 u63 u64 u65 u66 u67 u68 u69 u70 u71 u72 u73 u74 u75 u76 u77 u78 u79 u80 u81 u82 u83 u84 u85 u86 u87 u88 u89 u90 u91 u92 u93 u94 u95 u96 u97 u98 u99 u100 u101 u102 u103 u104 u105 u106 u107 u108 u109 u110 u111 u112 u113 u114 u115 u116 u117 u118 u119 u120 u121 u122 u123 u124 u125 u126 u127 u128 u129 u130 u131 u132 u133 u134 u135 u136 u137 u138 u139 u140 u141 u142 u143 u144 u145 u146 u147 u148 u149 u150 u151 u152 u153 u154 u155 u156 u157 u158 u159 u160 u161 u162 u163 u164 u165 u166 u167 u168 u169 u170 u171 u172 u173 u174 u175 u176 u177 u178 u179 u180 u181 u182 u183 u184 u185 u186 u187 u188 u189 u190 u191 u192 u193 u194 u195 u196 u197 u198 u199 u200 u201 u202 u203 u204 u205 u206 u207 u208 u209 u210 u211 u212 u213 u214 u215 u216 u217 u218 u219 u220 u221 u222 u223 u224 u225 u226 u227 u228 u229 u230 u231 u232 u233 u234 u235 u236 u237 u238 u239 u240 u241 u242 u243 u244 u245 u246 u247 u248 u249 u250 u251 u252 u253 u254 u255 u256 u257 u258 u259 u260 u261 u262 u263 u264 u265 u266 u267 u268 u269 u270 u271 u272 u273 u274 u275 u276 u277 u278 u279 u280 u281 u282 u283 u284 u285 u286 u287 u288 u289 u290 u291 u292 u293 u294 u295 u296 u297 u298 u299 u300 u301 u302 u303 u304 u305 u306 u307 u308 u309 u310 u311 u312 u313 u314 u315 u316 u317 u318 u319 u320 u321 u322 u323 u324 u325 u326 u327 u328 u329 u330 u331 u332 u333 u334 u335 u336 u337 u338 u339 u340 u341 u342 u343 u344 u345 u346 u347 u348 u349 u350 u351 u352 u353 u354 u355 u356 u357 u358 u359 u360 u361 u362 u363 u364 u365 u366 u367 u368 u369 u370 u371 u372 u373 u374 u375 u376 u377 u378 u379 u380 u381 u382 u383 u384))

A constant for the index loop in the Newton-Raphson method for square root convergence, maxing out at 384.

number-of-tokens

(define-constant number-of-tokens u2)

A constant indicating the total number of tokens in this contract's liquidity pool.

protocol-address

(define-constant protocol-address 'SP3GDP77BDSZ4VN2QQP057C9T6DRDDB6WGES6K9CP)

A constant that represents BitFlow's protocol address.

convergence-threshold

(define-constant convergence-threshold u2)

A constant that represents the convergence threshold.

staking-and-rewards-contract

(define-data-var staking-and-rewards-contract principal (as-contract tx-sender))

A data variable that points to the contract managing the staking and rewards for this contract's liquidity pool.

admins

(define-data-var admins (list 5 principal) (list tx-sender))

A data variable that holds a list of up to 5 contract administrator addresses.

swap-fees

(define-data-var swap-fees {lps: uint, protocol: uint} {lps: u3, protocol: u2})

A data variable that holds the swap fees (inclusive of both fees for liquidity providers and the protocol), denominated in bps. Please note that 1 bps is equivalent to 0.01%.

liquidity-fees

(define-data-var liquidity-fees uint u3)

A data variable that holds the fee levied by the protocol as a liquidity fee, measured in bps. Please note that 1 bps is equivalent to 0.01%.

helper-principal

(define-data-var helper-principal principal tx-sender)

A data variable that represents an address with privileges to add or remove administrators from this contract's administrator list.

PairsDataMap

(define-map PairsDataMap {x-token: principal, y-token: principal, lp-token: principal} {
    approval: bool,
    total-shares: uint,
    x-decimals: uint,
    y-decimals: uint,
    balance-x: uint,
    balance-y: uint,
    d: uint,
    amplification-coefficient: uint,
})

A map that keeps track of this contract's liquidity pool and pair states.

CycleDataMap

(define-map CycleDataMap {x-token: principal, y-token: principal, lp-token: principal, cycle-num: uint} {
    cycle-fee-balance-x: uint,
    cycle-fee-balance-y: uint,
})

A map that holds data for each cycle related to all pairs for this contract's liquidity pool.


Error Codes

These error codes are displayed when there's a problem executing any of the functions defined in this smart contract.

err-no-pair-data

This error code indicates that the contract could not retrieve data for the requested token pair.

err-pair-not-approved

This error code indicates that the specified token pair has not been granted the necessary approval or permissions to proceed with the action.

err-x-amount-too-high

This error code indicates that the specified amount for token X exceeds the allowed or available limit.

err-min-y-amount

This error code indicates that the provided amount for token Y is below the minimum acceptable threshold.

err-transferring-token-x

This error code indicates that there was an issue while attempting to transfer token X.

err-transferring-token-x-fee

This error code indicates that an issue arose while trying to deduct the fee from token X.

err-transferring-token-x-fee-protocol

This error code indicates that an issue occurred while trying to transfer the protocol fee taken from token X.

err-transferring-token-y

This error code indicates that there was an issue while attempting to transfer token Y.

err-y-amount-too-high

This error code indicates that the specified amount for token Y exceeds the allowed or available limit.

err-min-x-amount

This error code indicates that the provided amount for token X is below the minimum acceptable threshold.

err-transferring-token-y-swap-fee

This error code indicates that an issue arose while trying to transfer the swap fee deducted from token Y.

err-transferring-token-y-protocol-fee

This error code indicates that an issue occurred while trying to transfer the protocol fee taken from token Y.

err-x-or-y-amount-added-zero

This error code indicates that the amount of token X or Y being added is zero.

err-d2-less-than-d0

This error code indicates that the derived value d2 is less than the initial value d0.

err-derived-amount-less-than-lp

This error code indicates that the derived amount is smaller than the liquidity pool's requirements.

err-transferring-token-x-escrow

This error code indicates that there was an issue while attempting to transfer token X to the escrow.

err-transferring-token-x-protocol

This error code indicates that an issue occurred during the transfer of token X to the protocol.

err-transferring-token-y-protocol

This error code indicates that an issue occurred during the transfer of token Y to the protocol.

err-minting-lp-tokens

This error code indicates that there was a problem while minting liquidity pool tokens.

err-withdrawal-balance-x-less-than-min-x-amount

This error code indicates that the amount of token X received after withdrawal is less than the minimum amount.

err-withdrawal-balance-y-less-than-min-y-amount

This error code indicates that the amount of token Y received after withdrawal is less than the minimum amount.

This error code indicates that there was a problem while burning liquidity pool tokens.

err-getting-x-decimals

This error code indicates that there was an issue while getting decimals for token X.

err-getting-y-decimals

This error code indicates that there was an issue while getting decimals for token Y.

err-not-admin

This error code indicates that the contract caller is not an authorized administrator.

err-pair-xy-or-yx-exists

This error code indicates that the specified XY or YX pair already exists for this contract's liquidity pool.

err-initial-bal-zero

This error code indicates that the initial balance is zero.

err-initial-bal-odd

This error code indiciates that the initial balance is an odd number.

err-already-admin

This error code indicates that the specified principal is already an authorized administrator.

err-admin-overflow

This error code indicates that the number of administrators has exceeded the contract's maximum allowable limit.

err-not-auth

This error code indicates that a specified principal is not authorized to perform a specified action.

err-not-whitelisted

This error code indicates that a specified principal is not whitelisted for a specified action.


Public Functions

These functions can be accessed by external contracts or users, allowing for interaction with the contract and modification of its state.

swap-x-for-y

(define-public (swap-x-for-y (x-token <og-sip-010-trait>) (y-token <susdt-sip-010-trait>) (lp-token <lp-trait>) (x-amount uint) (min-y-amount uint)) 
    (let 
        (
            (swapper tx-sender)
            (pair-data (unwrap! (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)}) (err "err-no-pair-data")))
            (current-approval (get approval pair-data))
            (current-balance-x (get balance-x pair-data))
            (current-balance-y (get balance-y pair-data))
            (x-decimals (get x-decimals pair-data))
            (y-decimals (get y-decimals pair-data))
            (swap-fee-lps (get lps (var-get swap-fees)))
            (swap-fee-protocol (get protocol (var-get swap-fees)))
            (total-swap-fee (+ swap-fee-lps swap-fee-protocol))

            ;; Scale up balances and the swap amount to perform AMM calculations with get-y
            (scaled-up-balances (get-scaled-up-token-amounts current-balance-x current-balance-y x-decimals y-decimals))
            (current-balance-x-scaled (get scaled-x scaled-up-balances))
            (current-balance-y-scaled (get scaled-y scaled-up-balances))
            (scaled-up-swap-amount (get-scaled-up-token-amounts x-amount u0 x-decimals y-decimals))
            (x-amount-scaled (get scaled-x scaled-up-swap-amount))
            (x-amount-fees-lps-scaled (/ (* x-amount-scaled swap-fee-lps) u10000))
            (x-amount-fees-protocol-scaled (/ (* x-amount-scaled swap-fee-protocol) u10000))
            (updated-x-amount-scaled (- x-amount-scaled (+ x-amount-fees-lps-scaled x-amount-fees-protocol-scaled)))
            (updated-x-balance-scaled (+ current-balance-x-scaled updated-x-amount-scaled))
            (new-y-scaled (get-y updated-x-balance-scaled current-balance-y-scaled updated-x-amount-scaled (* (get amplification-coefficient pair-data) number-of-tokens)))
            
            ;; Scale down to precise amounts for y and dy, as well as x-amount-fee-lps, and x-amount-fee-protocol
            (new-y (get scaled-y (get-scaled-down-token-amounts u0 new-y-scaled x-decimals y-decimals)))
            (dy (- current-balance-y new-y))
            (x-amount-fee-lps (get scaled-x (get-scaled-down-token-amounts x-amount-fees-lps-scaled u0 x-decimals y-decimals)))
            (x-amount-fee-protocol (get scaled-x (get-scaled-down-token-amounts x-amount-fees-protocol-scaled u0 x-decimals y-decimals)))
            (updated-x-amount (- x-amount (+ x-amount-fee-lps x-amount-fee-protocol)))
            (updated-x-balance (+ current-balance-x updated-x-amount))
        )

        ;; Assert that pair is approved
        (asserts! current-approval (err "err-pair-not-approved"))

        ;; Assert that x-amount is less than x10 of current-balance-x
        (asserts! (< x-amount (* u10 current-balance-x)) (err "err-x-amount-too-high"))

        ;; Assert that dy is greater than min-y-amount
        (asserts! (> dy min-y-amount) (err "err-min-y-amount"))

        ;; Transfer updated-x-balance tokens from tx-sender to this contract
        (if (> updated-x-amount u0) 
            (unwrap! (contract-call? x-token transfer updated-x-amount swapper (as-contract tx-sender) none) (err "err-transferring-token-x"))
            false
        )

        ;; Transfer x-amount-fee-lps tokens from tx-sender to staking-and-rewards-contract
        (if (> x-amount-fee-lps u0) 
            (unwrap! (contract-call? x-token transfer x-amount-fee-lps swapper (var-get staking-and-rewards-contract) none) (err "err-transferring-token-x-fee"))
            false
        )

        ;; Transfer x-amount-fee-protocol tokens from tx-sender to protocol-address
        (if (> x-amount-fee-protocol u0) 
            (unwrap! (contract-call? x-token transfer x-amount-fee-protocol swapper protocol-address none) (err "err-transferring-token-x-fee-protocol"))
            false
        )

        ;; Transfer dy tokens from this contract to tx-sender
        (if (> dy u0) 
            (unwrap! (as-contract (contract-call? y-token transfer dy tx-sender swapper none)) (err "err-transferring-token-y")) 
            false
        )

        ;; Update all appropriate maps
        ;; Update PairsDataMap
        (map-set PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)} (merge 
            pair-data 
            {
                balance-x: updated-x-balance,
                balance-y: new-y,
                d: (get-D updated-x-balance-scaled new-y-scaled (* (get amplification-coefficient pair-data) number-of-tokens))
            }
        ))

        ;; Match if map-get? returns some for CycleDataMap
        (ok (match (map-get? CycleDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token), cycle-num: (get-current-cycle)})
            cycle-data
                ;; Update CycleDataMap
                (map-set CycleDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token), cycle-num: (get-current-cycle)} (merge 
                    cycle-data 
                    {
                        cycle-fee-balance-x: (+ (get cycle-fee-balance-x cycle-data) x-amount-fee-lps)
                    }
                ))
                ;; Create new CycleDataMap
                (map-set CycleDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token), cycle-num: (get-current-cycle)} {
                    cycle-fee-balance-x: x-amount-fee-lps,
                    cycle-fee-balance-y: u0,
                })
            
        ))

    )
)

Parameter

Type

x-token

og-sip-010-trait

y-token

susdt-sip-010-trait

lp-token

lp-trait

x-amount

uint

min-y-amount

uint

A public function that facilitates the token swapping process by allowing a user to exchange token x (denoted as x-token) for token y (denoted as y-token), within the confines of the stipulated liquidity pool (represented by lp-token).

swap-y-for-x

(define-public (swap-y-for-x (y-token <susdt-sip-010-trait>) (x-token <og-sip-010-trait>) (lp-token <lp-trait>) (y-amount uint) (min-x-amount uint)) 
    (let 
        (
            (swapper tx-sender)
            (pair-data (unwrap! (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)}) (err "err-no-pair-data")))
            (current-approval (get approval pair-data))
            (current-balance-x (get balance-x pair-data))
            (current-balance-y (get balance-y pair-data))
            (x-decimals (get x-decimals pair-data))
            (y-decimals (get y-decimals pair-data))
            (swap-fee-lps (get lps (var-get swap-fees)))
            (swap-fee-protocol (get protocol (var-get swap-fees)))
            (total-swap-fee (+ swap-fee-lps swap-fee-protocol))

            ;; Scale up balances and the swap amount to perform AMM calculations with get-x
            (scaled-up-balances (get-scaled-up-token-amounts current-balance-x current-balance-y x-decimals y-decimals))
            (current-balance-x-scaled (get scaled-x scaled-up-balances))
            (current-balance-y-scaled (get scaled-y scaled-up-balances))
            (scaled-up-swap-amount (get-scaled-up-token-amounts u0 y-amount x-decimals y-decimals))
            (y-amount-scaled (get scaled-y scaled-up-swap-amount))
            (y-amount-fees-lps-scaled (/ (* y-amount-scaled swap-fee-lps) u10000))
            (y-amount-fees-protocol-scaled (/ (* y-amount-scaled swap-fee-protocol) u10000))
            (updated-y-amount-scaled (- y-amount-scaled (+ y-amount-fees-lps-scaled y-amount-fees-protocol-scaled)))
            (updated-y-balance-scaled (+ current-balance-y-scaled updated-y-amount-scaled))
            (new-x-scaled (get-x updated-y-balance-scaled current-balance-x-scaled updated-y-amount-scaled (* (get amplification-coefficient pair-data) number-of-tokens)))
            
            ;; Scale down to precise amounts for y and dy, as well as y-amount-fee-lps, and y-amount-fee-protocol
            (new-x (get scaled-x (get-scaled-down-token-amounts new-x-scaled u0 x-decimals y-decimals)))
            (dx (- current-balance-x new-x))
            (y-amount-fee-lps (get scaled-y (get-scaled-down-token-amounts u0 y-amount-fees-lps-scaled x-decimals y-decimals)))
            (y-amount-fee-protocol (get scaled-y (get-scaled-down-token-amounts u0 y-amount-fees-protocol-scaled x-decimals y-decimals)))
            (updated-y-amount (- y-amount (+ y-amount-fee-lps y-amount-fee-protocol)))
            (updated-y-balance (+ current-balance-y updated-y-amount))
        )

        ;; Assert that pair is approved
        (asserts! current-approval (err "err-pair-not-approved"))

        ;; Assert that y-amount is less than x10 of current-balance-y
        (asserts! (< y-amount (* u10 current-balance-y)) (err "err-y-amount-too-high"))

        ;; Assert that dx is greater than min-x-amount
        (asserts! (> dx min-x-amount) (err "err-min-x-amount"))

        ;; Transfer updated-y-balance tokens from tx-sender to this contract
        (if (> updated-y-amount u0) 
            (unwrap! (contract-call? y-token transfer updated-y-amount swapper (as-contract tx-sender) none) (err "err-transferring-token-y"))
            false
        )

        ;; Transfer y-amount-fee-lps tokens from tx-sender to staking-and-rewards-contract
        (if (> y-amount-fee-lps u0) 
            (unwrap! (contract-call? y-token transfer y-amount-fee-lps swapper (var-get staking-and-rewards-contract) none) (err "err-transferring-token-y-swap-fee"))
            false
        )

        ;; Transfer y-amount-fee-protocol tokens from tx-sender to protocol-address
        (if (> y-amount-fee-protocol u0) 
            (unwrap! (contract-call? y-token transfer y-amount-fee-protocol swapper protocol-address none) (err "err-transferring-token-y-protocol-fee"))
            false
        )

        ;; Transfer dx tokens from this contract to tx-sender
        (if (> dx u0) 
            (unwrap! (as-contract (contract-call? x-token transfer dx tx-sender swapper none)) (err "err-transferring-token-x"))
            false
        )

        ;; Update all appropriate maps
        ;; Update PairsDataMap
        (map-set PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)} (merge 
            pair-data 
            {
                balance-x: new-x,
                balance-y: updated-y-balance,
                d: (get-D new-x-scaled updated-y-balance-scaled (* (get amplification-coefficient pair-data) number-of-tokens))
            }
        ))

        ;; Match if map-get? returns some for CycleDataMap
        (ok (match (map-get? CycleDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token), cycle-num: (get-current-cycle)})
            cycle-data
                ;; Update CycleDataMap
                (map-set CycleDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token), cycle-num: (get-current-cycle)} (merge 
                    cycle-data 
                    {
                        cycle-fee-balance-y: (+ (get cycle-fee-balance-y cycle-data) y-amount-fee-lps)
                    }
                ))
                ;; Create new CycleDataMap
                (map-set CycleDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token), cycle-num: (get-current-cycle)} {
                    cycle-fee-balance-x: u0,
                    cycle-fee-balance-y: y-amount-fee-lps,
                })
            
        ))

    )
)

Parameter

Type

y-token

susdt-sip-010-trait

x-token

og-sip-010-trait

lp-token

lp-trait

y-amount

uint

min-x-amount

uint

A public function that is similar to the swap-x-for-y function but facilitates the reverse operation: a user swaps token y (denoted as y-token) for token x (denoted as x-token), within the specified liquidity pool (lp-token).

add-liquidity

(define-public (add-liquidity (x-token <og-sip-010-trait>) (y-token <susdt-sip-010-trait>) (lp-token <lp-trait>) (x-amount-added uint) (y-amount-added uint) (min-lp-amount uint) )
    (let 
        (
            ;; Grabbing all data from PairsDataMap
            (liquidity-provider tx-sender)
            (current-pair (unwrap! (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)}) (err "err-no-pair-data")))
            (current-approval (get approval current-pair))
            (x-decimals (get x-decimals current-pair))
            (y-decimals (get y-decimals current-pair))
            (current-balance-x (get balance-x current-pair))
            (new-balance-x (+ current-balance-x x-amount-added))
            (current-balance-y (get balance-y current-pair))
            (new-balance-y (+ current-balance-y y-amount-added))
            (current-total-shares (get total-shares current-pair))
            (current-amplification-coefficient (get amplification-coefficient current-pair))
            
            ;; Scale up for AMM calculations depending on decimal places assigned to tokens
            (amounts-added-scaled (get-scaled-up-token-amounts x-amount-added y-amount-added x-decimals y-decimals))
            (x-amount-added-scaled (get scaled-x amounts-added-scaled))
            (y-amount-added-scaled (get scaled-y amounts-added-scaled))
            (current-balances-scaled (get-scaled-up-token-amounts current-balance-x current-balance-y x-decimals y-decimals))
            (current-balance-x-scaled (get scaled-x current-balances-scaled))
            (current-balance-y-scaled (get scaled-y current-balances-scaled))
            (new-balances-scaled (get-scaled-up-token-amounts new-balance-x new-balance-y x-decimals y-decimals))
            (new-balance-x-scaled (get scaled-x new-balances-scaled))
            (new-balance-y-scaled (get scaled-y new-balances-scaled))
            
            ;; Calculating the ideal balance
            (d0 (get-D current-balance-x-scaled current-balance-y-scaled current-amplification-coefficient))
            (d1 (get-D new-balance-x-scaled new-balance-y-scaled current-amplification-coefficient))
            (ideal-balance-x-scaled (/ (* d1 current-balance-x-scaled) d0))
            (ideal-balance-y-scaled (/ (* d1 current-balance-y-scaled) d0))
            (x-difference (if (> ideal-balance-x-scaled new-balance-x-scaled) (- ideal-balance-x-scaled new-balance-x-scaled) (- new-balance-x-scaled ideal-balance-x-scaled)))
            (y-difference (if (> ideal-balance-y-scaled new-balance-y-scaled) (- ideal-balance-y-scaled new-balance-y-scaled) (- new-balance-y-scaled ideal-balance-y-scaled)))
            
            ;; Fees applied if adding imbalanced liquidity
            (ideal-x-fee-scaled (/ (* x-difference (var-get liquidity-fees)) u10000))
            (ideal-y-fee-scaled (/ (* y-difference (var-get liquidity-fees)) u10000))
            (x-fee-scaled (if (> x-amount-added-scaled ideal-x-fee-scaled) ideal-x-fee-scaled x-amount-added-scaled))
            (y-fee-scaled (if (> y-amount-added-scaled ideal-y-fee-scaled) ideal-y-fee-scaled y-amount-added-scaled))
            (x-amount-added-updated-scaled (- x-amount-added-scaled x-fee-scaled))
            (y-amount-added-updated-scaled (- y-amount-added-scaled y-fee-scaled))
            (new-balance-x-post-fee-scaled (+ current-balance-x-scaled x-amount-added-updated-scaled))
            (new-balance-y-post-fee-scaled (+ current-balance-y-scaled y-amount-added-updated-scaled))
            (d2 (get-D new-balance-x-post-fee-scaled new-balance-y-post-fee-scaled current-amplification-coefficient))

            ;; Scale down for precise token balance updates and transfers
            (precise-fees (get-scaled-down-token-amounts x-fee-scaled y-fee-scaled x-decimals y-decimals))
            (x-fee (get scaled-x precise-fees))
            (y-fee (get scaled-y precise-fees))
            (amounts-added-scaled-down (get-scaled-down-token-amounts x-amount-added-updated-scaled y-amount-added-updated-scaled x-decimals y-decimals))
            (x-amount-added-updated (get scaled-x amounts-added-scaled-down))
            (y-amount-added-updated (get scaled-y amounts-added-scaled-down))
            (balances-post-fee-scaled-down (get-scaled-down-token-amounts new-balance-x-post-fee-scaled new-balance-y-post-fee-scaled x-decimals y-decimals))
            (new-balance-x-post-fee (get scaled-x balances-post-fee-scaled-down))
            (new-balance-y-post-fee (get scaled-y balances-post-fee-scaled-down))
        )

        ;; Assert that pair is approved
        (asserts! current-approval (err "err-pair-not-approved"))

        ;; Assert that either x-amount-added or y-amount-added is greater than 0
        (asserts! (or (> x-amount-added u0) (> y-amount-added u0)) (err "err-x-or-y-amount-added-zero"))

        ;; Assert that d2 is greater than d0
        (asserts! (> d2 d0) (err "err-d2-less-than-d0"))

        ;; Assert that derived mint amount is greater than min-lp-amount
        (asserts! (> (/ (* current-total-shares (- d2 d0)) d0) min-lp-amount) (err "err-derived-amount-less-than-lp"))

        ;; ;; Transfer x-amount-added tokens from tx-sender to this contract
        (if (> x-amount-added-updated u0) 
            (unwrap! (contract-call? x-token transfer x-amount-added-updated liquidity-provider (as-contract tx-sender) none) (err "err-transferring-token-x-escrow"))
            false
        )

        ;; Transfer y-amount-added tokens from tx-sender to this contract
        (if (> y-amount-added-updated u0)
            (unwrap! (contract-call? y-token transfer y-amount-added-updated liquidity-provider (as-contract tx-sender) none) (err "err-transferring-token-y"))
            false
        )
        
        ;; Transfer x-fees tokens from tx-sender to protocol-address
        (if (> x-fee u0)
            (unwrap! (contract-call? x-token transfer x-fee liquidity-provider protocol-address none) (err "err-transferring-token-x-protocol"))
            false
        )
         ;; Transfer y-fees tokens from tx-sender to protocol-address
        (if (> y-fee u0)
            (unwrap! (contract-call? y-token transfer y-fee liquidity-provider protocol-address none) (err "err-transferring-token-y-protocol"))
            false
        )

        ;; Mint LP tokens to tx-sender
        (unwrap! (as-contract (contract-call? lp-token mint liquidity-provider (/ (* current-total-shares (- d2 d0)) d0))) (err "err-minting-lp-tokens"))

        ;; Update all appropriate maps
        ;; Update PairsDataMap
        (ok (map-set PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)} 
            (merge 
                current-pair 
                {
                    balance-x: new-balance-x-post-fee,
                    balance-y: new-balance-y-post-fee,
                    total-shares: (+ current-total-shares (/ (* current-total-shares (- d2 d0)) d0)),
                    d: d2
                }
            ))
        )
    )
)

Parameter

Type

x-token

og-sip-010-trait

y-token

susdt-sip-010-trait

lp-token

lp-trait

x-amount-added

uint

y-amount-added

uint

min-lp-amount

uint

A public function that allows a user (liquidity provider) to add liquidity to a specified token pair. Liquidity is added in terms of two tokens (x-token and y-token), and in return, the user receives LP tokens (lp-token) proportional to the amount of liquidity added and the current state of the liquidity pool.

withdraw-liquidity

(define-public (withdraw-liquidity (x-token <og-sip-010-trait>) (y-token <susdt-sip-010-trait>) (lp-token <lp-trait>) (lp-amount uint) (min-x-amount uint) (min-y-amount uint))
    (let 
        (
            ;; Grabbing all data from PairsDataMap
            (current-pair (unwrap! (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)}) (err "err-no-pair-data")))
            (current-approval (get approval current-pair))
            (x-decimals (get x-decimals current-pair))
            (y-decimals (get y-decimals current-pair))
            (current-balance-x (get balance-x current-pair))
            (current-balance-y (get balance-y current-pair))
            (current-total-shares (get total-shares current-pair))
            (current-amplification-coefficient (get amplification-coefficient current-pair))
            (withdrawal-balance-x (/ (* current-balance-x lp-amount) current-total-shares))
            (withdrawal-balance-y (/ (* current-balance-y lp-amount) current-total-shares))
            (new-balance-x (- current-balance-x withdrawal-balance-x))
            (new-balance-y (- current-balance-y withdrawal-balance-y))
            (liquidity-remover tx-sender)
            ;; get-D using the new-balance-x and new-balance-y
            (new-balances-scaled (get-scaled-up-token-amounts new-balance-x new-balance-y x-decimals y-decimals))
            (new-balance-x-scaled (get scaled-x new-balances-scaled))
            (new-balance-y-scaled (get scaled-y new-balances-scaled))
            (new-d (get-D new-balance-x-scaled new-balance-y-scaled current-amplification-coefficient))
        )

        ;; Assert that withdrawal-balance-x is greater than min-x-amount
        (asserts! (> withdrawal-balance-x min-x-amount) (err "err-withdrawal-balance-x-less-than-min-x-amount"))

        ;; Assert that withdrawal-balance-y is greater than min-y-amount
        (asserts! (> withdrawal-balance-y min-y-amount) (err "err-withdrawal-balance-y-less-than-min-y-amount"))

        ;; Burn LP tokens from tx-sender
        (unwrap! (contract-call? lp-token burn liquidity-remover lp-amount) (err "err-burning-lp-tokens"))

        ;; Transfer withdrawal-balance-x tokens from this contract to liquidity-taker
        (unwrap! (as-contract (contract-call? x-token transfer withdrawal-balance-x tx-sender liquidity-remover none)) (err "err-transferring-token-x"))

        ;; Transfer withdrawal-balance-y tokens from this contract to liquidity-taker
        (unwrap! (as-contract (contract-call? y-token transfer withdrawal-balance-y tx-sender liquidity-remover none)) (err "err-transferring-token-y"))

        ;; Update all appropriate maps
        ;; Update PairsDataMap
        (ok (map-set PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)} (merge 
            current-pair 
            {
                balance-x: new-balance-x,
                balance-y: new-balance-y,
                total-shares: (- current-total-shares lp-amount),
                d: new-d
            }
        )))
    )
)

Parameter

Type

x-token

og-sip-010-trait

y-token

susdt-sip-010-trait

lp-token

lp-trait

lp-amount

uint

min-x-amount

uint

min-y-amount

uint

A public function that allows users to withdraw liquidity from a pair specified by x-token, y-token, and lp-token. It deducts the LP tokens and ensures that the amount withdrawn respects the user-defined minimums for each token (min-x-amount and min-y-amount).

create-pair

(define-public (create-pair (x-token <og-sip-010-trait>) (y-token <susdt-sip-010-trait>) (lp-token <lp-trait>) (amplification-coefficient uint) (pair-name (string-ascii 32)) (initial-x-bal uint) (initial-y-bal uint))
    (let 
        (
            (lp-owner tx-sender)
            (x-decimals (unwrap! (contract-call? x-token get-decimals) (err "err-getting-x-decimals")))
            (y-decimals (unwrap! (contract-call? y-token get-decimals) (err "err-getting-y-decimals")))
            (scaled-up-balances (get-scaled-up-token-amounts initial-x-bal initial-y-bal x-decimals y-decimals))
            (initial-x-bal-scaled (get scaled-x scaled-up-balances))
            (initial-y-bal-scaled (get scaled-y scaled-up-balances))
        )

        ;; Assert that tx-sender is an admin using is-some & index-of with the admins var
        (asserts! (is-some (index-of (var-get admins) tx-sender )) (err "err-not-admin"))

        ;; Assert using and that the pair does not already exist using is-none & map-get?
        (asserts! (and 
            (is-none (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)}))
            (is-none (map-get? PairsDataMap {x-token: (contract-of y-token), y-token: (contract-of x-token), lp-token: (contract-of lp-token)}))
        )  (err "err-pair-xy-or-yx-exists"))

        ;; Assert that both initial balances are greater than 0
        (asserts! (or (> initial-x-bal u0) (> initial-y-bal u0)) (err "err-initial-bal-zero"))

        ;; Assert that x & y tokens are the same
        (asserts! (is-eq initial-x-bal-scaled initial-y-bal-scaled) (err "err-initial-bal-odd"))

        ;; Mint LP tokens to tx-sender
        (unwrap! (as-contract (contract-call? lp-token mint lp-owner (+ initial-x-bal-scaled initial-y-bal-scaled))) (err "err-minting-lp-tokens"))

        ;; Transfer token x liquidity to this contract
        (unwrap! (contract-call? x-token transfer initial-x-bal tx-sender (as-contract tx-sender) none) (err "err-transferring-token-x"))

        ;; Transfer token y liquidity to this contract
        (unwrap! (contract-call? y-token transfer initial-y-bal tx-sender (as-contract tx-sender) none) (err "err-transferring-token-y"))

        ;; Update all appropriate maps
        (ok (map-set PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)} {
            approval: true,
            total-shares: (+ initial-x-bal-scaled initial-y-bal-scaled),
            x-decimals: x-decimals,
            y-decimals: y-decimals,
            balance-x: initial-x-bal,
            balance-y: initial-y-bal,
            d: (+ initial-x-bal-scaled initial-y-bal-scaled),
            amplification-coefficient: amplification-coefficient,
        }))
    )
)

Parameter

Type

x-token

og-sip-010-trait

y-token

susdt-sip-010-trait

lp-token

lp-trait

amplification-coefficient

uint

pair-name

string-ascii 32

initial-x-bal

uint

initial-y-bal

uint

A public function that allows an admin to create a new liquidity pair between x-token and y-token with a corresponding LP token, lp-token. The pair is also initialized with an amplification coefficient, a descriptive name (pair-name), and initial token balances (initial-x-bal and initial-y-bal).

set-pair-approval

(define-public (set-pair-approval (x-token <og-sip-010-trait>) (y-token <susdt-sip-010-trait>) (lp-token <lp-trait>) (approval bool))
    (let 
        (
            (current-pair (unwrap! (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)}) (err "err-no-pair-data")))
        )

        ;; Assert that tx-sender is an admin using is-some & index-of with the admins var
        (asserts! (is-some (index-of (var-get admins) tx-sender)) (err "err-not-admin"))

        ;; Update all appropriate maps
        (ok (map-set PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)} (merge 
            current-pair
            {
                approval: approval
            }
        )))
    )
)

Parameter

Type

x-token

og-sip-010-trait

y-token

susdt-sip-010-trait

lp-token

lp-trait

approval

bool

A public function that allows the modification of a token pair's approval status. Given specific tokens x-token, y-token, and lp-token, and the desired approval status, this function updates the token pair's approval in the PairsDataMap. To invoke this function, the transaction sender must be an approved administrator.

add-admin

(define-public (add-admin (admin principal))
    (let 
        (
            (current-admins (var-get admins))
            ;;(new-admins (unwrap! (as-max-len? (append current-admins admin) u5) ("err-add-admin-overflow")))
        )

        ;; Assert that tx-sender is an admin using is-some & index-of with the admins var
        (asserts! (is-some (index-of current-admins tx-sender)) (err "err-not-admin"))

        ;; Assert that admin is not already an admin using is-none & index-of with the admins var
        (asserts! (is-none (index-of current-admins admin)) (err "err-already-admin"))

        ;; Update all appropriate maps
        (ok (var-set admins (unwrap! (as-max-len? (append current-admins admin) u5) (err "err-admin-overflow"))))
    )
)

Parameter

Type

admin

principal

A public function that enables the addition of a new administrator to the list of approved administrators. The provided principal, admin, will be appended to the current list of administrators, but only if the invoking transaction sender is already an approved administrator.

remove-admin

(define-public (remove-admin (admin principal))
  (let
    (
      (current-admin-list (var-get admins))
      (caller-principal-position-in-list (index-of current-admin-list tx-sender))
      (removeable-principal-position-in-list (index-of current-admin-list admin))
    )

    ;; asserts tx-sender is an existing whitelist address
    (asserts! (is-some caller-principal-position-in-list) (err "err-not-auth"))

    ;; asserts param principal (removeable whitelist) already exist
    (asserts! (is-eq removeable-principal-position-in-list) (err "err-not-whitelisted"))

    ;; temporary var set to help remove param principal
    (var-set helper-principal admin)

    ;; filter existing whitelist address
    (ok 
      (var-set admins (filter is-not-removeable current-admin-list))
    )
  )
)

Parameter

Type

admin

principal

A public function that facilitates the removal of an administrator from the list of approved administrators. The provided principal, admin, will be removed from the list. The invoking transaction sender must be an approved administrator to execute this function.

change-swap-fee

(define-public (change-swap-fee (new-lps-fee uint) (new-protocol-fee uint)) 
    (let 
        (
            (current-admins (var-get admins))
        )
        ;; Assert that tx-sender is an admin using is-some & index-of with the admins var
        (asserts! (is-some (index-of current-admins tx-sender)) (err "err-not-admin"))

        (ok (var-set swap-fees {lps: new-lps-fee, protocol: new-protocol-fee}))
    )
)

Parameter

Type

new-lps-fee

uint

new-protocol-fee

uint

A public function that allows an approved administrator to modify the swap fee structure. It updates both the liquidity provider's fee (new-lps-fee) and the protocol fee (new-protocol-fee). To invoke this function, the transaction sender must be an approved administrator.

change-liquidity-fee

(define-public (change-liquidity-fee (new-liquidity-fee uint)) 
    (let 
        (
            (current-admins (var-get admins))
        )
        ;; Assert that tx-sender is an admin using is-some & index-of with the admins var
        (asserts! (is-some (index-of current-admins tx-sender)) (err "err-not-admin"))

        (ok (var-set liquidity-fees new-liquidity-fee))
    )
)

Parameter

Type

Description

new-liquidity-fee

uint

A public function that enables an approved administrator to adjust the liquidity fee. The new liquidity fee is set using the new-liquidity-fee parameter. To invoke this function, the transaction sender must be an approved administrator.

change-amplification-coefficient

(define-public (change-amplification-coefficient (x-token <og-sip-010-trait>) (y-token <susdt-sip-010-trait>) (lp-token <lp-trait>) (amplification-coefficient uint))
    (let 
        (
            (current-pair (unwrap! (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)}) (err "err-no-pair-data")))
            (current-admins (var-get admins))
        )

        ;; Assert that tx-sender is an admin using is-some & index-of with the admins var
        (asserts! (is-some (index-of current-admins tx-sender)) (err "err-not-admin"))

        ;; Update all appropriate maps
        (ok (map-set PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)} (merge 
            current-pair
            {
                amplification-coefficient: amplification-coefficient
            }
        )))
    )
)

Parameter

Type

x-token

og-sip-010-trait

y-token

susdt-sip-010-trait

lp-token

lp-trait

amplification-coefficient

uint

A public function that permits an approved administrator to alter the amplification coefficient of a specified token pair (x-token, y-token, and lp-token). After determining the token pair in the PairsDataMap, the function updates the amplification coefficient value to the given amplification-coefficient. The invoking transaction sender must be an approved administrator to execute this function.

set-staking-contract

(define-public (set-staking-contract (staking-contract principal))
    (let 
        (
            (current-admins (var-get admins))
        )

        ;; Assert that tx-sender is an admin using is-some & index-of with the admins var
        (asserts! (is-some (index-of current-admins tx-sender)) (err "err-not-admin"))

        ;; Set contract for handling staking and rewards
        (ok (var-set staking-and-rewards-contract staking-contract))
    )
)

Parameter

Type

staking-contract

principal

A public function that allows an approved administrator to set or change the contract responsible for handling staking and rewards. The new contract is identified by the staking-contract principal. The invoking transaction sender must be an approved administrator to execute this function.


Private Functions

These functions are confined to the contract in which they are defined, ensuring encapsulation and restricting external access to certain functionalities.

x-for-loop

(define-private (x-for-loop (n uint) (x-info {x: uint, c: uint, b: uint, D: uint, converged: uint})) 
    (let
        (
            (current-x (get x x-info))
            (current-c (get c x-info))
            (current-b (get b x-info))
            (current-D (get D x-info))
            (current-converged (get converged x-info))
            (x-numerator (+ (* current-x current-x) current-c))
            (x-denominator (- (+ (* u2 current-x) current-b) current-D))
            (new-x (/ x-numerator x-denominator))
        )

        (if (is-eq current-converged u0)
            (if (> new-x  current-x)
                (if (<= (- new-x current-x) convergence-threshold)
                    {x: new-x, c: current-c, b: current-b, D: current-D, converged: new-x}
                    {x: new-x, c: current-c, b: current-b, D: current-D, converged: u0}
                )
                (if (<= (- current-x new-x) convergence-threshold)
                    {x: new-x, c: current-c, b: current-b, D: current-D, converged: new-x}
                    {x: new-x, c: current-c, b: current-b, D: current-D, converged: u0}
                )
            )
            x-info
        )


    )
)

Parameter

Type

n

uint

x-info

map

A private function that processes iterative calculations related to an x variable in a loop until a convergence condition is met. It updates the value of x based on certain arithmetic operations and checks if the new value has converged to a threshold. If the convergence condition is met, it stops further iterations for x.

y-for-loop

(define-private (y-for-loop (n uint) (y-info {y: uint, c: uint, b: uint, D: uint, converged: uint})) 
    (let
        (
            (current-y (get y y-info))
            (current-c (get c y-info))
            (current-b (get b y-info))
            (current-D (get D y-info))
            (current-converged (get converged y-info))
            (y-numerator (+ (* current-y current-y) current-c))
            (y-denominator (- (+ (* u2 current-y) current-b) current-D))
            (new-y (/ y-numerator y-denominator))
        )

        (if (is-eq current-converged u0)
            (if (> new-y  current-y)
                (if (<= (- new-y current-y) convergence-threshold)
                    {y: new-y, c: current-c, b: current-b, D: current-D, converged: new-y}
                    {y: new-y, c: current-c, b: current-b, D: current-D, converged: u0}
                )
                (if (<= (- current-y new-y) convergence-threshold)
                    {y: new-y, c: current-c, b: current-b, D: current-D, converged: new-y}
                    {y: new-y, c: current-c, b: current-b, D: current-D, converged: u0}
                )
            )
            y-info
        )

    )
)

Parameter

Type

n

uint

y-info

map

A private function that operates similarly to the x-for-loop, but for the variable y. It iteratively updates the value of y based on certain arithmetic calculations, and checks if the new value meets a convergence threshold. If the convergence condition is satisfied, it halts further iterations for y.

D-for-loop

(define-private (D-for-loop (n uint) (D-info {D: uint, x-bal: uint, y-bal: uint, ann: uint, converged: uint})) 
    (let 
        (
            ;; Grabbing everything from D-info
            (current-D-partial (get D D-info))
            (current-D (get D D-info))
            (current-x-bal (get x-bal D-info))
            (current-y-bal (get y-bal D-info))
            (current-S (+ current-x-bal current-y-bal))
            (current-ann (get ann D-info))
            (current-converged (get converged D-info))

            ;; Start logic for calculating new D
            ;; Calculate new partial D with respect to x
            (new-D-partial-x (/ (* current-D current-D-partial) (* u2 current-x-bal)))
            ;; Calculate new partial D with respect to now x & y
            (new-D-partial (/ (* current-D new-D-partial-x ) (* u2 current-y-bal)))

            (new-numerator (* (+ (* current-ann current-S) (* number-of-tokens new-D-partial)) current-D))
            (new-denominator (+ (* (- current-ann u1) current-D) (* (+ number-of-tokens u1 ) new-D-partial)))

            (new-D (/ new-numerator new-denominator))
            
        )
        
        ;; Check if converged value / new D was already found
        (if (is-eq current-converged u0)
            (if (> new-D  current-D)
                (if (<= (- new-D current-D) convergence-threshold)
                    {D: new-D, x-bal: current-x-bal, y-bal: current-y-bal, ann: current-ann, converged: new-D}
                    {D: new-D, x-bal: current-x-bal, y-bal: current-y-bal, ann: current-ann, converged: u0}
                )
                (if (<= (- current-D new-D) convergence-threshold)
                    {D: new-D, x-bal: current-x-bal, y-bal: current-y-bal, ann: current-ann, converged: new-D}
                    {D: new-D, x-bal: current-x-bal, y-bal: current-y-bal, ann: current-ann, converged: u0}
                )
            )
            D-info
        )
    
    )
)

Parameter

Type

n

uint

D-info

map

A private function tasked with iterative calculations related to the variable D. It calculates a new value for D based on specific logic using the values of x-bal, y-bal, and ann. The function then determines if the newly calculated D value has reached the desired convergence threshold.

get-scaled-up-token-amounts

(define-private (get-scaled-up-token-amounts (x-amount-unscaled uint) (y-amount-unscaled uint) (x-num-decimals uint) (y-num-decimals uint))
    (let 
        (
            (scaled-x 
                ;; if same number of decimals, set to x-amount-unscaled
                (if (is-eq x-num-decimals y-num-decimals)
                    x-amount-unscaled
                    ;; if x has more decimals, set to x-amount-unscaled; otherwise scale up by the difference in decimals
                    (if (> x-num-decimals y-num-decimals) x-amount-unscaled (* x-amount-unscaled (pow u10 (- y-num-decimals x-num-decimals))))
                )
            )
            (scaled-y 
                ;; if same number of decimals, set to y-amount-unscaled
                (if (is-eq x-num-decimals y-num-decimals)
                    y-amount-unscaled
                    ;; if y has more decimals, set to y-amount-unscaled; otherwise scale up by the difference in decimals
                    (if (> y-num-decimals x-num-decimals) y-amount-unscaled (* y-amount-unscaled (pow u10 (- x-num-decimals y-num-decimals))))
                )
            )
        )
        {scaled-x: scaled-x, scaled-y: scaled-y}
    )
)

Parameter

Type

x-amount-upscaled

uint

y-amount-upscaled

uint

x-num-decimals

uint

y-num-decimals

uint

A private function that is designed to scale up token amounts based on the difference in decimal precision between two tokens, x and y. It ensures that both x and y amounts are represented with the same scale. If the two tokens have the same number of decimals, no scaling is applied.

get-scaled-down-token-amounts

(define-private (get-scaled-down-token-amounts (x-amount-scaled uint) (y-amount-scaled uint) (x-num-decimals uint) (y-num-decimals uint))
    (let 
        (
            (scaled-x 
                ;; if same number of decimals, set to x-amount-scaled
                (if (is-eq x-num-decimals y-num-decimals)
                    x-amount-scaled
                    ;; if x has more decimals, set to x-amount-scaled; otherwise scale down by the difference in decimals
                    (if (> x-num-decimals y-num-decimals) x-amount-scaled (/ x-amount-scaled (pow u10 (- y-num-decimals x-num-decimals))))
                )
            )
            (scaled-y 
                ;; if same number of decimals, set to y-amount-scaled
                (if (is-eq x-num-decimals y-num-decimals)
                    y-amount-scaled
                    ;; if y has more decimals, set to y-amount-scaled; otherwise scale down by the difference in decimals
                    (if (> y-num-decimals x-num-decimals) y-amount-scaled (/ y-amount-scaled (pow u10 (- x-num-decimals y-num-decimals))))
                )
            )
        )
        {scaled-x: scaled-x, scaled-y: scaled-y}
    )
)

Parameter

Type

x-amount-scaled

uint

y-amount-scaled

uint

x-num-decimals

uint

y-num-decimals

uint

A private function designed to scale down token amounts based on the difference in decimal precision between two tokens, x and y. If the two tokens have the same decimal precision, no changes are made to their values. Otherwise, adjustments are made to align them to the same scale.

is-not-removeable

(define-private (is-not-removeable (admin principal))
  (not (is-eq admin (var-get helper-principal)))
)

Parameter

Type

admin

principal

A private function that checks if a given admin principal is removable. It returns true if the admin principal is different from the stored helper-principal, suggesting the admin is not removable, and false otherwise.


Read-only Functions

These functions are read-only and are utilized for querying or retrieving data. While they can be invoked by external contracts or users, they do not alter the underlying state of the contract.

get-pair-data

(define-read-only (get-pair-data (x-token <og-sip-010-trait>) (y-token <susdt-sip-010-trait>) (lp-token <og-sip-010-trait>)) 
    (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)})
)

Parameter

Type

x-token

og-sip-010-trait

y-token

susdt-sip-010-trait

lp-token

og-sip-010-trait

A read-only function that retrieves data associated with a pair in the contract's liquidity pool. It uses the provided x-token, y-token, and lp-token as parameters to pinpoint the relevant pair data.

get-cycle-data

(define-read-only (get-cycle-data (x-token principal) (y-token principal) (lp-token principal) (cycle-num uint)) 
    (map-get? CycleDataMap {x-token: x-token, y-token: y-token, lp-token: lp-token, cycle-num: cycle-num})
)

Parameter

Type

x-token

principal

y-token

principal

lp-token

principal

cycle-num

uint

A read-only function designed to fetch data for a given cycle. It uses the x-token, y-token, lp-token, and cycle-num parameters to extract the relevant cycle's data.

get-current-cycle

(define-read-only (get-current-cycle) 
    (/ (- block-height deployment-height) cycle-length)
)

A read-only function tasked with determining and returning the current cycle number based on the difference between the current block height and the contract's deployment height, adjusted by the cycle length.

get-cycle-from-height

(define-read-only (get-cycle-from-height (height uint)) 
    (/ (- height deployment-height) cycle-length)
)

Parameter

Type

height

uint

A read-only function that computes and provides the cycle corresponding to a designated block height. The function uses the specified height parameter to determine the cycle by considering the height difference from the contract's deployment and adjusting with the cycle length.

get-starting-height-from-cycle

(define-read-only (get-starting-height-from-cycle (cycle uint)) 
    (+ deployment-height (* cycle cycle-length))
)

Parameter

Type

cycle

uint

A read-only function that calculates the block height where a particular cycle started. It calculates this using the specified cycle parameter, accounting for the deployment height and the cumulative length of the cycles.

get-deployment-height

(define-read-only (get-deployment-height) 
    deployment-height
)

A read-only function that returns the block height at which this contract was deployed.

get-dx

(define-read-only (get-dx (y-token <susdt-sip-010-trait>) (x-token <og-sip-010-trait>) (lp-token <lp-trait>) (y-amount uint))
    (let 
        (
            (pair-data (unwrap! (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)}) (err "err-no-pair-data")))
            (current-balance-x (get balance-x pair-data))
            (current-balance-y (get balance-y pair-data))
            (x-decimals (get x-decimals pair-data))
            (y-decimals (get y-decimals pair-data))
            (swap-fee-lps (get lps (var-get swap-fees)))
            (swap-fee-protocol (get protocol (var-get swap-fees)))
            (total-swap-fee (+ swap-fee-lps swap-fee-protocol))

            ;; Scale up balances to perform AMM calculations with get-x
            (scaled-up-balances (get-scaled-up-token-amounts current-balance-x current-balance-y x-decimals y-decimals))
            (current-balance-x-scaled (get scaled-x scaled-up-balances))
            (current-balance-y-scaled (get scaled-y scaled-up-balances))
            (scaled-up-swap-amount (get-scaled-up-token-amounts u0 y-amount x-decimals y-decimals))
            (y-amount-scaled (get scaled-y scaled-up-swap-amount))
            (y-amount-fees-lps-scaled (/ (* y-amount-scaled swap-fee-lps) u10000))
            (y-amount-fees-protocol-scaled (/ (* y-amount-scaled swap-fee-protocol) u10000))
            (y-amount-total-fees-scaled (/ (* y-amount total-swap-fee) u10000))
            (updated-y-amount-scaled (- y-amount-scaled y-amount-total-fees-scaled))
            (updated-y-balance-scaled (+ current-balance-y-scaled updated-y-amount-scaled))
            (new-x-scaled (get-x updated-y-balance-scaled current-balance-x-scaled updated-y-amount-scaled (* (get amplification-coefficient pair-data) number-of-tokens)))

            ;; Scale down to precise amounts for x and dx, as well as y-amount-fee-lps, and y-amount-fee-protocol
            (new-x (get scaled-x (get-scaled-down-token-amounts new-x-scaled u0 x-decimals y-decimals)))
            (dx (- current-balance-x new-x))
            (y-amount-fee-lps (get scaled-y (get-scaled-down-token-amounts u0 y-amount-fees-lps-scaled x-decimals y-decimals)))
            (y-amount-fee-protocol (get scaled-y (get-scaled-down-token-amounts u0 y-amount-fees-protocol-scaled x-decimals y-decimals)))
        )
        (ok dx)
    )
)

Parameter

Type

y-token

susdt-sip-010-trait

x-token

og-sip-010-trait

lp-token

lp-trait

y-amount

uint

A read-only function that calculates the quantity of x-token that one would receive in exchange for a specified amount of y-token (considering fees). It takes into account the current liquidity pool's balance and swap fees, scales up amounts for precise AMM calculations, and scales down to get the final dx amount that a user would receive post-swap.

get-x

(define-read-only (get-x (y-bal uint) (x-bal uint) (y-amount uint) (ann uint))
    (let 
        (
            (y-bal-new (+ y-bal y-amount))
            (current-D (get-D x-bal y-bal ann))
            (c0 current-D)
            (c1 (/ (* c0 current-D) (* number-of-tokens y-bal-new)))
            (c2 (/ (* c1 current-D) (* ann number-of-tokens)))
            (b (+ y-bal-new (/ current-D ann)))
        )
        (get converged (fold x-for-loop index-list {x: current-D, c: c2, b: b, D: current-D, converged: u0}))
    )
)

Parameter

Type

y-bal

uint

x-bal

uint

y-amount

uint

ann

uint

A read-only function that iteratively determines the amount of x-token corresponding to a given amount of y-token, adjusted for the amplification coefficient. The function takes in balances, a swap amount, and the amplification coefficient to compute the adjusted x-token amount.

get-dy

(define-read-only (get-dy (x-token <og-sip-010-trait>) (y-token <susdt-sip-010-trait>) (lp-token <lp-trait>) (x-amount uint))
    (let 
        (
            
            (pair-data (unwrap! (map-get? PairsDataMap {x-token: (contract-of x-token), y-token: (contract-of y-token), lp-token: (contract-of lp-token)}) (err "err-no-pair-data")))
            (current-balance-x (get balance-x pair-data))
            (current-balance-y (get balance-y pair-data))
            (x-decimals (get x-decimals pair-data))
            (y-decimals (get y-decimals pair-data))
            (swap-fee-lps (get lps (var-get swap-fees)))
            (swap-fee-protocol (get protocol (var-get swap-fees)))
            (total-swap-fee (+ swap-fee-lps swap-fee-protocol))


            ;; Scale up balances to perform AMM calculations with get-y
            (scaled-up-balances (get-scaled-up-token-amounts current-balance-x current-balance-y x-decimals y-decimals))
            (current-balance-x-scaled (get scaled-x scaled-up-balances))
            (current-balance-y-scaled (get scaled-y scaled-up-balances))
            (scaled-up-swap-amount (get-scaled-up-token-amounts x-amount u0 x-decimals y-decimals))
            (x-amount-scaled (get scaled-x scaled-up-swap-amount))
            (x-amount-fees-lps-scaled (/ (* x-amount-scaled swap-fee-lps) u10000))
            (x-amount-fees-protocol-scaled (/ (* x-amount-scaled swap-fee-protocol) u10000))
            (x-amount-total-fees-scaled (/ (* x-amount total-swap-fee) u10000))
            (updated-x-amount-scaled (- x-amount-scaled x-amount-total-fees-scaled))
            (updated-x-balance-scaled (+ current-balance-x-scaled updated-x-amount-scaled))
            (new-y-scaled (get-y updated-x-balance-scaled current-balance-y-scaled updated-x-amount-scaled (* (get amplification-coefficient pair-data) number-of-tokens)))
            
            ;; Scale down to precise amounts for y and dy, as well as x-amount-fee-lps, and x-amount-fee-protocol
            (new-y (get scaled-y (get-scaled-down-token-amounts u0 new-y-scaled x-decimals y-decimals)))
            (dy (- current-balance-y new-y))
            (x-amount-fee-lps (get scaled-x (get-scaled-down-token-amounts x-amount-fees-lps-scaled u0 x-decimals y-decimals)))
            (x-amount-fee-protocol (get scaled-x (get-scaled-down-token-amounts x-amount-fees-protocol-scaled u0 x-decimals y-decimals)))
        )
        (ok dy)
    )
)

Parameter

Type

x-token

og-sip-010-trait

y-token

susdt-sip-010-trait

lp-token

lp-trait

x-amount

uint

A read-only function that calculates the quantity of y-token one would receive when swapping a specified quantity of x-token. Similar to get-dx, it scales amounts, factors in the current liquidity pool balance and swap fees, and then scales down to determine the final dy amount that a user would get post-swap.

get-y

(define-read-only (get-y (x-bal uint) (y-bal uint) (x-amount uint) (ann uint))
    (let 
        (
            (x-bal-new (+ x-bal x-amount))
            (current-D (get-D x-bal y-bal ann))
            (c0 current-D)
            (c1 (/ (* c0 current-D) (* number-of-tokens x-bal-new)))
            (c2 (/ (* c1 current-D) (* ann number-of-tokens)))
            (b (+ x-bal-new (/ current-D ann)))
        )
        (get converged (fold y-for-loop index-list {y: current-D, c: c2, b: b, D: current-D, converged: u0}))
    )
)

Parameter

Type

x-bal

uint

y-bal

uint

x-amount

uint

ann

uint

A read-only function designed to calculate the amount of y-token equivalent to a specific amount of x-token, considering the amplification coefficient. This function utilizes the existing balances, an amount to be swapped, and the amplification coefficient to calculate the resultant y-token quantity.

get-D

(define-read-only (get-D (x-bal uint) (y-bal uint) (ann uint))
    (get converged (fold D-for-loop index-list {D: (+ x-bal y-bal), x-bal: x-bal, y-bal: y-bal, ann: ann, converged: u0}))
)

Parameter

Type

x-bal

uint

y-bal

uint

ann

uint

A read-only function that computes the invariant D using an iterative process. The function takes in the current balances of x-token and y-token as well as the amplification coefficient. The result is used to maintain the relative values of tokens in the pool and ensure low slippage between stablecoins.

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