[
"autonomous agent",
{
"doc_url": "https://oswap.io/pool-v2-factory.json",
"init": "{
$pool_base_aa = '4W2PNRSWDOKWO5SFGSP5RRZ6VOFL7JNJ';
}",
"messages": {
"cases": [
{
"if": "{
$params = var['pool_' || trigger.address];
$params AND !$params.pool_asset AND definition[trigger.address][1].base_aa == $pool_base_aa
}",
"messages": [
{
"app": "state",
"state": "{
$params.pool_asset = trigger.unit;
var['pool_' || trigger.address] = $params;
}"
}
]
},
{
"init": "{
$x_asset = trigger.data.x_asset;
$y_asset = trigger.data.y_asset;
require($x_asset, "missing x_asset");
require($y_asset, "missing y_asset");
require($x_asset != $y_asset, "identical assets");
require(asset[$x_asset].exists, "the requested x_asset does not exist");
require(asset[$y_asset].exists, "the requested y_asset does not exist");
require(asset[$x_asset].is_transferrable AND !asset[$x_asset].is_private AND !asset[$x_asset].fixed_denominations, "x_asset must be transferrable, public, and divisible");
require(asset[$y_asset].is_transferrable AND !asset[$y_asset].is_private AND !asset[$y_asset].fixed_denominations, "y_asset must be transferrable, public, and divisible");
$params = {
x_asset: $x_asset,
y_asset: $y_asset,
};
$names = [
'swap_fee',
'exit_fee',
'arb_profit_tax',
'leverage_profit_tax',
'leverage_token_tax',
'mid_price',
'price_deviation',
'base_interest_rate',
'pool_leverage',
'alpha',
'period_length',
];
foreach($names, 11, $name => {
$value = trigger.data[$name];
if (exists($value)) {
require(typeof($value) == 'number' AND $value >= 0, $name||" must be a nonnegative number");
if ($name == 'swap_fee' OR $name == 'exit_fee' OR $name == 'leverage_profit_tax' OR $name == 'leverage_token_tax') // however >100% tax allowed for arb_profit_tax
require($value < 1, $name||" must be < 1");
if ($name == 'price_deviation')
require($value > 1, $name||" must be > 1");
if ($name == 'pool_leverage')
require($value >= 1, $name||" must be >= 1");
if ($name == 'alpha')
require($value > 0 AND $value < 1, $name||" must be between 0 and 1 non-inclusive");
if ($name == 'period_length')
require(is_integer($value), $name||" must be integer");
$params[$name] = $value;
}
});
$alpha = $params.alpha OTHERWISE 0.5;
$Lambda = $params.pool_leverage OTHERWISE 1;
require($alpha != 1/$Lambda AND 1-$alpha != 1/$Lambda, "pool leverage = 1/alpha or 1/beta");
require(!$params.mid_price == !$params.price_deviation, "mid price and price deviation should be set or unset at the same time");
if ($Lambda > 1)
require(!$params.mid_price, "price range setting is incompatible with pool leverage");
// a dictionary of fields that are not allowed to be changed by governance
if (trigger.data.locked_governance){
require(is_assoc(trigger.data.locked_governance), "locked_governance must be an associative array");
$params.locked_governance = trigger.data.locked_governance;
}
// option to disable leverage
if (trigger.data.no_leverage)
$params.no_leverage = 1;
// bonding curve for issuing shares (linear by default)
if (trigger.data.shares_bonding_curve){
require(is_aa(trigger.data.shares_bonding_curve), "is not an AA");
$params.shares_bonding_curve = trigger.data.shares_bonding_curve;
}
// governance AA params
foreach(['governance_challenging_period', 'governance_freeze_period'], 2, $p => {
$value = trigger.data[$p];
if (exists($value)) {
require(is_integer($value) AND $value > 0, "bad " || $p);
$params[$p] = $value;
}
});
$pool_aa = [
'autonomous agent',
{
base_aa: $pool_base_aa,
params: $params
}
];
$pool_aa_address = chash160($pool_aa);
require(!definition[$pool_aa_address], "such a pool already exists: "||$pool_aa_address);
}",
"messages": [
{
"app": "payment",
"payload": {
"asset": "base",
"outputs": [
{
"address": "{ $pool_aa_address }",
"amount": 5000
}
]
}
},
{
"app": "data",
"payload": {
"define": 1,
"factory": "{this_address}"
}
},
{
"app": "definition",
"payload": {
"definition": "{$pool_aa}"
}
},
{
"app": "state",
"state": "{
var['pool_' || $pool_aa_address] = $params;
response['address'] = $pool_aa_address;
}"
}
]
}
]
}
}
]