Files
rippled/src/test/app/AMMMPT_test.cpp
2026-04-08 17:38:33 +00:00

7043 lines
278 KiB
C++

#include <test/jtx.h>
#include <test/jtx/AMM.h>
#include <test/jtx/AMMTest.h>
#include <xrpl/ledger/helpers/AMMHelpers.h>
#include <xrpl/protocol/AMMCore.h>
#include <xrpl/protocol/Feature.h>
#include <xrpl/tx/transactors/dex/AMMBid.h>
namespace xrpl {
namespace test {
/**
* Basic tests of AMM functionality involving MPT assets, excluding those that
* use offers. Tests incorporating offers are in `AMMExtended_test`.
*/
struct AMMMPT_test : public jtx::AMMTest
{
private:
void
testInstanceCreate()
{
testcase("Instance Create");
using namespace jtx;
// XRP to MPT
testAMM(
[&](AMM& ammAlice, Env&) {
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'000), IOUAmount{10'000'000}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// IOU to MPT
testAMM(
[&](AMM& ammAlice, Env&) {
BEAST_EXPECT(ammAlice.expectBalances(
USD(20'000), MPT(ammAlice[1])(20'000), IOUAmount{20'000}));
},
{{USD(20'000), AMMMPT(20'000)}});
// MPT to MPT
testAMM(
[&](AMM& ammAlice, Env&) {
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(20'000), MPT(ammAlice[1])(20'000), IOUAmount{20'000}));
},
{{AMMMPT(20'000), AMMMPT(20'000)}});
// IOU to MPT + transfer fee
{
Env env{*this};
fund(env, gw, {alice}, {USD(20'000)}, Fund::All);
env(rate(gw, 1.25));
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.transferFee = 1'500,
.pay = 30'000});
// no transfer fee on create
AMM const ammAlice(env, alice, USD(20'000), BTC(20'000));
BEAST_EXPECT(ammAlice.expectBalances(USD(20'000), BTC(20'000), IOUAmount{20'000, 0}));
BEAST_EXPECT(expectHolding(env, alice, USD(0)));
// alice initially had 30'000
BEAST_EXPECT(expectMPT(env, alice, BTC(10'000)));
}
// Require authorization is set, account is authorized
{
Env env{*this};
env.fund(XRP(30'000), gw, alice);
env.close();
env(fset(gw, asfRequireAuth));
env(trust(alice, gw["USD"](30'000), 0));
env(trust(gw, alice["USD"](0), tfSetfAuth));
env(pay(gw, alice, USD(10'000)));
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTRequireAuth | MPTDEXFlags,
.authHolder = true});
AMM const ammAlice(env, alice, USD(10'000), BTC(10'000));
}
// Cleared global freeze
{
Env env{*this};
env.fund(XRP(30'000), gw, alice);
MPTTester USD(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
USD.set({.flags = tfMPTLock});
AMM const ammAliceFail(env, alice, XRP(10'000), USD(10'000), ter(tecFROZEN));
USD.set({.flags = tfMPTUnlock});
AMM const ammAlice(env, alice, XRP(10'000), USD(10'000));
}
}
void
testInvalidInstance()
{
testcase("Invalid Instance");
using namespace jtx;
// Can't have both tokens the same MPT
{
Env env{*this};
env.fund(XRP(30'000), alice, gw);
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.transferFee = 1'500,
.pay = 40'000});
AMM const ammAlice(env, alice, BTC(20'000), BTC(10'000), ter(temBAD_AMM_TOKENS));
}
// MPTCanTrade is not set and AMM creator is not the issuer of MPT
{
Env env{*this};
env.fund(XRP(30'000), alice, gw);
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 40'000,
.flags = tfMPTCanLock});
AMM const ammAlice(env, alice, BTC(20'000), XRP(10'000), ter(tecNO_PERMISSION));
}
// MPTokenIssuance doesn't exist
{
Env env{*this};
env.fund(XRP(30'000), alice, gw);
env.close();
AMM const ammAlice(
env, alice, MPT(gw, 1'000)(20'000), XRP(10'000), ter(tecOBJECT_NOT_FOUND));
}
// MPToken doesn't exist and amm creator is not the issuer
{
Env env{*this};
env.fund(XRP(30'000), alice, gw);
env.close();
MPT const BTC = MPTTester({
.env = env,
.issuer = gw,
});
AMM const ammAlice(env, alice, BTC(20'000), XRP(10'000), ter(tecNO_AUTH));
}
// Can't have zero or negative amounts
{
Env env{*this};
fund(env, gw, {alice}, {USD(20'000)}, Fund::All);
env(rate(gw, 1.25));
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.transferFee = 1'500,
.pay = 30'000});
AMM const ammAlice(env, alice, XRP(0), BTC(10'000), ter(temBAD_AMOUNT));
BEAST_EXPECT(!ammAlice.ammExists());
AMM const ammAlice1(env, alice, XRP(10'000), BTC(0), ter(temBAD_AMOUNT));
BEAST_EXPECT(!ammAlice1.ammExists());
AMM const ammAlice2(env, alice, USD(0), BTC(10'000), ter(temBAD_AMOUNT));
BEAST_EXPECT(!ammAlice2.ammExists());
AMM const ammAlice3(env, alice, USD(10'000), BTC(0), ter(temBAD_AMOUNT));
BEAST_EXPECT(!ammAlice3.ammExists());
AMM const ammAlice4(env, alice, XRP(-10'0000), BTC(10'000), ter(temBAD_AMOUNT));
BEAST_EXPECT(!ammAlice4.ammExists());
AMM const ammAlice5(env, alice, XRP(10'000), BTC(-10'000), ter(temBAD_AMOUNT));
BEAST_EXPECT(!ammAlice5.ammExists());
AMM const ammAlice6(env, alice, USD(-10'000), BTC(10'000), ter(temBAD_AMOUNT));
BEAST_EXPECT(!ammAlice6.ammExists());
AMM const ammAlice7(env, alice, USD(10'000), BTC(-10'000), ter(temBAD_AMOUNT));
BEAST_EXPECT(!ammAlice7.ammExists());
}
// Bad MPT
{
Env env{*this};
fund(env, gw, {alice}, {USD(20'000)}, Fund::All);
AMM const ammAlice(env, alice, XRP(10'000), MPT(badMPT())(100), ter(temBAD_MPT));
BEAST_EXPECT(!ammAlice.ammExists());
}
// Insufficient MPT balance
{
Env env{*this};
fund(env, gw, {alice}, {USD(30'000)}, Fund::All);
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.transferFee = 1'500,
.pay = 30'000});
AMM const ammAlice(env, alice, XRP(10'000), BTC(40'000), ter(tecUNFUNDED_AMM));
BEAST_EXPECT(!ammAlice.ammExists());
}
// Invalid trading fee
{
Env env{*this};
fund(env, gw, {alice}, {USD(20'000)}, Fund::All);
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.transferFee = 1'500,
.pay = 30'000});
AMM const ammAlice(
env,
alice,
USD(10'000),
BTC(10'000),
false,
65'001,
10,
std::nullopt,
std::nullopt,
std::nullopt,
ter(temBAD_FEE));
BEAST_EXPECT(!ammAlice.ammExists());
}
// AMM already exists XRP/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
// Account bob1("bob1");
env.fund(XRP(30'000), bob);
env.close();
AMM const ammBob(env, bob, XRP(1'000), MPT(ammAlice[1])(1'000), ter(tecDUPLICATE));
},
{{XRP(10'000), AMMMPT(10'000)}});
// AMM already exists IOU/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
env.fund(XRP(30'000), bob);
env.close();
env.trust(USD(10000), bob);
env(pay(gw, bob, USD(100)));
AMM const ammBob(env, bob, USD(1'000), MPT(ammAlice[1])(1'000), ter(tecDUPLICATE));
},
{{USD(10'000), AMMMPT(10'000)}});
// AMM already exists MPT/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
AMM const ammCarol(
env,
carol,
MPT(ammAlice[0])(1'000),
MPT(ammAlice[1])(2'000),
ter(tecDUPLICATE));
},
{{AMMMPT(20'000), AMMMPT(10'000)}});
// MPTRequireAuth flag is set and AMM creator is not authorized
{
Env env{*this};
env.fund(XRP(30'000), gw, alice);
env.close();
env(fset(gw, asfRequireAuth));
env(trust(alice, gw["USD"](30'000), 0));
env(trust(gw, alice["USD"](0), tfSetfAuth));
env.close();
env(pay(gw, alice, USD(10'000)));
env.close();
MPT const BTC = MPTTester(
{.env = env, .issuer = gw, .holders = {alice}, .flags = tfMPTRequireAuth});
AMM const ammAlice(env, alice, USD(10'000), BTC(10'000), ter(tecNO_AUTH));
BEAST_EXPECT(!ammAlice.ammExists());
}
// MPTLocked flag is set
{
Env env{*this};
fund(env, gw, {alice}, {USD(20'000)}, Fund::All);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
BTC.set({.flags = tfMPTLock});
AMM const ammAlice(env, alice, USD(10'000), BTC(10'000), ter(tecFROZEN));
BEAST_EXPECT(!ammAlice.ammExists());
}
// MPT individually locked
{
Env env{*this};
fund(env, gw, {alice, bob}, {USD(20'000)}, Fund::All);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
BTC.set({.holder = alice, .flags = tfMPTLock});
// alice's token is locked
AMM const ammAlice(env, alice, USD(10'000), BTC(10'000), ter(tecFROZEN));
BEAST_EXPECT(!ammAlice.ammExists());
// bob can create
AMM const ammBob(env, bob, USD(10'000), BTC(10'000));
BEAST_EXPECT(ammBob.ammExists());
}
// OutstandingAmount > MaximumAmount
{
Env env{*this};
env.fund(XRP(1'000), gw, alice);
MPTTester const BTC({.env = env, .issuer = gw, .holders = {alice}, .maxAmt = 100});
// OutstandingAmount is 0, issuer issues 10 over MaximumAmount
AMM const amm(env, gw, XRP(100), BTC(110), ter(tecUNFUNDED_AMM));
env(pay(gw, alice, BTC(100)));
// OutstandingAmount is 100, issuer issues 100 over MaximumAmount
AMM const amm1(env, gw, XRP(100), BTC(100), ter(tecUNFUNDED_AMM));
// This is fine - alice transfers 100 to AMM. OutstandingAmount
// is 100.
AMM const ammAlice(env, alice, XRP(100), BTC(100));
}
}
void
testInvalidDeposit(FeatureBitset features)
{
testcase("Invalid Deposit");
using namespace jtx;
testAMM(
[&](AMM& ammAlice, Env& env) {
// LPTokenOut can not be zero
ammAlice.deposit(alice, 0, std::nullopt, std::nullopt, ter(temBAD_AMM_TOKENS));
// LPTokenOut can not be negative
ammAlice.deposit(
alice, IOUAmount{-1}, std::nullopt, std::nullopt, ter(temBAD_AMM_TOKENS));
// LPTokenOut can not be MPT
{
Json::Value jv = Json::objectValue;
jv[jss::Account] = alice.human();
jv[jss::TransactionType] = jss::AMMDeposit;
jv[jss::Asset] = STIssue(sfAsset, XRP).getJson(JsonOptions::none);
jv[jss::Asset2] = STIssue(sfAsset, MPT(ammAlice[1])).getJson(JsonOptions::none);
jv[jss::LPTokenOut] = MPT(ammAlice[1])(100).value().getJson(JsonOptions::none);
jv[jss::Flags] = tfLPToken;
env(jv, ter(telENV_RPC_FAILED));
}
// Provided LPTokenOut does not match AMM pool's LPToken
// asset
{
Json::Value jv = Json::objectValue;
jv[jss::Account] = alice.human();
jv[jss::TransactionType] = jss::AMMDeposit;
jv[jss::Asset] = STIssue(sfAsset, XRP).getJson(JsonOptions::none);
jv[jss::Asset2] = STIssue(sfAsset, MPT(ammAlice[1])).getJson(JsonOptions::none);
jv[jss::LPTokenOut] = USD(100).value().getJson(JsonOptions::none);
jv[jss::Flags] = tfLPToken;
env(jv, ter(temBAD_AMM_TOKENS));
}
// Invalid trading fee
ammAlice.deposit(
carol,
std::nullopt,
XRP(200),
MPT(ammAlice[1])(200),
std::nullopt,
tfTwoAssetIfEmpty,
std::nullopt,
std::nullopt,
10'000,
ter(temBAD_FEE));
// Invalid tokens
{
auto const mpt1 = MPTIssue{MPTID(0xabc)};
auto const mpt2 = MPTIssue{MPTID(0xdef)};
ammAlice.deposit(
alice,
1'000,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
{{mpt1, mpt2}},
std::nullopt,
std::nullopt,
ter(terNO_AMM));
}
// invalid MPT
ammAlice.deposit(
alice, badMPT(), std::nullopt, std::nullopt, std::nullopt, ter(temBAD_MPT));
ammAlice.deposit(
alice, XRP(100), badMPT(), std::nullopt, std::nullopt, ter(temBAD_MPT));
// MPTokenIssuance object doesn't exist
ammAlice.deposit(
alice,
XRP(100),
MPT(gw, 1'000)(100),
std::nullopt,
tfTwoAsset,
ter(temBAD_AMM_TOKENS));
// MPToken object doesn't exist
env.fund(XRP(1'000), bob);
ammAlice.deposit(
bob,
XRP(100),
MPT(ammAlice[1])(200),
std::nullopt,
tfTwoAsset,
ter(tecNO_AUTH));
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.flags = tfMPTCanLock | MPTDEXFlags,
.authHolder = true});
// Depositing mismatched token, invalid Asset1In.issue
ammAlice.deposit(
alice,
BTC(100),
std::nullopt,
std::nullopt,
std::nullopt,
ter(temBAD_AMM_TOKENS));
// Depositing mismatched token, invalid Asset2In.issue
ammAlice.deposit(
alice, XRP(100), BTC(100), std::nullopt, std::nullopt, ter(temBAD_AMM_TOKENS));
// Assets can not be the same
ammAlice.deposit(
alice,
MPT(ammAlice[1])(100),
MPT(ammAlice[1])(200),
std::nullopt,
tfTwoAsset,
ter(temBAD_AMM_TOKENS));
// Invalid amount value
ammAlice.deposit(
alice,
MPT(ammAlice[1])(0),
std::nullopt,
std::nullopt,
std::nullopt,
ter(temBAD_AMOUNT));
ammAlice.deposit(
alice,
MPT(ammAlice[1])(-1'000),
std::nullopt,
std::nullopt,
std::nullopt,
ter(temBAD_AMOUNT));
// Invalid Account
{
Account bad("bad");
env.memoize(bad);
ammAlice.deposit(
bad,
std::nullopt,
MPT(ammAlice[1])(1'000),
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
seq(1),
std::nullopt,
ter(terNO_ACCOUNT));
}
// Invalid AMM
ammAlice.deposit(
alice,
1'000,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
{{MPT(BTC), MPT(ammAlice[1])}},
std::nullopt,
std::nullopt,
ter(terNO_AMM));
// Single deposit: 100000 tokens worth of MPT
// Amount to deposit exceeds Max
ammAlice.deposit(
carol,
100'000,
MPT(ammAlice[1])(200),
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecAMM_FAILED));
// Single deposit: 100000 tokens worth of XRP
// Amount to deposit exceeds Max
ammAlice.deposit(
carol,
100'000,
XRP(200),
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecAMM_FAILED));
// Deposit amount is invalid
ammAlice.deposit(
alice,
MPT(ammAlice[1])(0),
std::nullopt,
STAmount{ammAlice.lptIssue(), 1, -1},
std::nullopt,
ter(tecUNFUNDED_AMM));
// Calculated amount is 0
ammAlice.deposit(
alice,
MPT(ammAlice[1])(0),
std::nullopt,
STAmount{ammAlice.lptIssue(), 2'000, -6},
std::nullopt,
ter(tecAMM_FAILED));
// Tiny deposit
ammAlice.deposit(
carol,
IOUAmount{1, -10},
std::nullopt,
std::nullopt,
ter(tecAMM_INVALID_TOKENS));
// Deposit non-empty AMM
ammAlice.deposit(
carol,
XRP(100),
MPT(ammAlice[1])(100),
std::nullopt,
tfTwoAssetIfEmpty,
ter(tecAMM_NOT_EMPTY));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Tiny deposit
testAMM(
[&](AMM& ammAlice, Env& env) {
auto const enabledV1_3 = env.current()->rules().enabled(fixAMMv1_3);
auto const err = !enabledV1_3 ? ter(temBAD_AMOUNT) : ter(tesSUCCESS);
// Pre-amendment XRP deposit side is rounded to 0
// and deposit fails.
ammAlice.deposit(carol, IOUAmount{1, -1}, std::nullopt, std::nullopt, err);
},
{{XRP(10'000), AMMMPT(10'000)}},
0,
std::nullopt,
{features, features - fixAMMv1_3});
// Invalid AMM
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.withdrawAll(alice);
ammAlice.deposit(alice, 10'000, std::nullopt, std::nullopt, ter(terNO_AMM));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit MPT with eprice
// the calculated amount to deposit is negative.
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
MPT(ammAlice[1])(100),
std::nullopt,
STAmount{ammAlice.lptIssue(), 1, -1},
tfLimitLPToken,
ter(tecAMM_FAILED));
// although we should use lptoken unit for eprice,
// we don't check the currency any more, we just use
// the value
ammAlice.deposit(
carol,
MPT(ammAlice[1])(100),
std::nullopt,
STAmount{USD, 1, -1},
tfLimitLPToken,
ter(tecAMM_FAILED));
},
{{USD(10'000), AMMMPT(10'000)}});
// Globally locked MPT
{
Env env{*this};
fund(env, gw, {alice, carol}, {USD(20'000)}, Fund::All);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM ammAlice(env, alice, USD(10'000), BTC(10'000));
BTC.set({.flags = tfMPTLock});
ammAlice.deposit(
carol, BTC(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.deposit(
carol, USD(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.deposit(carol, USD(100), BTC(100), std::nullopt, std::nullopt, ter(tecFROZEN));
}
// Individually lock MPT or freeze IOU (AMM) with IOU/MPT AMM
{
Env env{*this, features};
fund(env, gw, {alice, carol}, {USD(20'000)}, Fund::All);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM ammAlice(env, alice, USD(10'000), BTC(10'000));
// Carol's mpt is locked
BTC.set({.holder = carol, .flags = tfMPTLock});
// Carol can not deposit locked mpt
ammAlice.deposit(
carol, BTC(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt, ter(tecFROZEN));
if (!features[featureAMMClawback])
{
ammAlice.deposit(
carol, USD(100), std::nullopt, std::nullopt, std::nullopt, ter(tecLOCKED));
}
else
{
// Carol can not deposit non-forzen token either
ammAlice.deposit(
carol, USD(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
}
// Alice can deposit because she's not individually locked
ammAlice.deposit(alice, BTC(100), std::nullopt, std::nullopt, std::nullopt);
ammAlice.deposit(alice, 1'000, std::nullopt, std::nullopt);
ammAlice.deposit(alice, USD(100), std::nullopt, std::nullopt, std::nullopt);
// Unlock
BTC.set({.holder = carol, .flags = tfMPTUnlock});
// Carol can deposit after unlock
ammAlice.deposit(carol, BTC(100), std::nullopt, std::nullopt, std::nullopt);
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt);
// Individually frozen AMM
env(trust(
gw, STAmount{Issue{gw["USD"].currency, ammAlice.ammAccount()}, 0}, tfSetFreeze));
env.close();
// Can deposit non-frozen token
ammAlice.deposit(carol, BTC(100), std::nullopt, std::nullopt, std::nullopt);
// Cannot deposit frozen token
ammAlice.deposit(carol, 1'000'000, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.deposit(
carol, USD(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
// unfreeze IOU
env(trust(
gw, STAmount{Issue{gw["USD"].currency, ammAlice.ammAccount()}, 0}, tfClearFreeze));
env.close();
// Can deposit
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt);
// Individually lock AMM
BTC.set({.holder = ammAlice.ammAccount(), .flags = tfMPTLock});
// Can deposit non-frozen token
ammAlice.deposit(carol, USD(100), std::nullopt, std::nullopt, std::nullopt);
// Can not deposit locked token
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.deposit(
carol, BTC(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
// Unlock AMM MPT
BTC.set({.holder = ammAlice.ammAccount(), .flags = tfMPTUnlock});
// can deposit
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt);
ammAlice.deposit(carol, BTC(100), std::nullopt, std::nullopt, std::nullopt);
}
// Individually lock MPT (AMM) account with MPT/MPT AMM
{
Env env{*this};
env.fund(XRP(10'000), gw, alice, carol);
env.close();
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
MPTTester USD(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 40'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM ammAlice(env, alice, USD(10'000), BTC(10'000));
// Carol's BTC is locked
BTC.set({.holder = carol, .flags = tfMPTLock});
ammAlice.deposit(
carol, USD(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.deposit(
carol, BTC(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
// Unlock carol's BTC
BTC.set({.holder = carol, .flags = tfMPTUnlock});
// Can deposit
ammAlice.deposit(carol, USD(100), std::nullopt, std::nullopt, std::nullopt);
ammAlice.deposit(carol, BTC(100), std::nullopt, std::nullopt, std::nullopt);
// Individually lock MPT BTC (AMM) account
BTC.set({.holder = ammAlice.ammAccount(), .flags = tfMPTLock});
// Can deposit non-locked token USD
ammAlice.deposit(carol, USD(100), std::nullopt, std::nullopt, std::nullopt);
// Can not deposit locked token BTC
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.deposit(
carol, BTC(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
// Unlock AMM MPT BTC
BTC.set({.holder = ammAlice.ammAccount(), .flags = tfMPTUnlock});
// Can deposit BTC
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt);
ammAlice.deposit(carol, BTC(100), std::nullopt, std::nullopt, std::nullopt);
// Individually Lock MPT USD (AMM) account
USD.set({.holder = ammAlice.ammAccount(), .flags = tfMPTLock});
// Can deposit non-locked token BTC
ammAlice.deposit(carol, BTC(100), std::nullopt, std::nullopt, std::nullopt);
// Can not deposit locked token USD
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.deposit(
carol, USD(100), std::nullopt, std::nullopt, std::nullopt, ter(tecFROZEN));
// Unlock AMM MPT USD
USD.set({.holder = ammAlice.ammAccount(), .flags = tfMPTUnlock});
// Can deposit USD
ammAlice.deposit(carol, 1'000, std::nullopt, std::nullopt);
ammAlice.deposit(carol, USD(100), std::nullopt, std::nullopt, std::nullopt);
}
// Deposit unauthorized token
{
Env env{*this, features};
Account const gw("gateway"), alice{"alice"}, carol{"carol"};
env.fund(XRP(30'000), alice, carol, gw);
env.close();
MPTTester BTC(env, gw, {.holders = {alice, carol}, .fund = false});
BTC.create(
{.maxAmt = 1'000'000,
.authorize = {{alice}},
.pay = {{{alice}, 10'000}},
.flags = tfMPTRequireAuth | MPTDEXFlags,
.authHolder = true});
AMM amm(env, alice, XRP(10'000), BTC(10'000));
env.close();
if (!features[featureAMMClawback])
{
amm.deposit(carol, XRP(10), std::nullopt, std::nullopt, std::nullopt);
}
else
{
amm.deposit(
carol, XRP(10), std::nullopt, std::nullopt, std::nullopt, ter(tecNO_AUTH));
}
}
// MPTCanTransfer is not set and the account is not the issuer of MPT
{
Env env{*this, features};
Account const gw("gateway"), alice{"alice"}, carol{"carol"};
env.fund(XRP(30'000), alice, carol, gw);
env.close();
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 1'000,
.flags = tfMPTCanTrade});
AMM amm(env, gw, XRP(10'000), BTC(10'000));
amm.deposit({.account = alice, .asset1In = BTC(10), .err = ter(tecNO_PERMISSION)});
}
// Insufficient XRP balance
testAMM(
[&](AMM& ammAlice, Env& env) {
env.fund(XRP(1'000), bob);
env.close();
ammAlice.deposit(bob, XRP(10));
ammAlice.deposit(
bob,
XRP(1'000),
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecUNFUNDED_AMM));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Insufficient MPT balance
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
MPT(ammAlice[1])(450'000),
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecUNFUNDED_AMM));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Insufficient IOU balance
testAMM(
[&](AMM& ammAlice, Env& env) {
fund(env, gw, {bob}, {USD(1'000)}, Fund::Acct);
ammAlice.deposit(
bob,
USD(1'001),
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecUNFUNDED_AMM));
},
{{USD(1000), AMMMPT(1000)}});
// Insufficient MPT balance by tokens
{
Env env{*this};
env.fund(XRP(30'000), alice, bob, gw);
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, bob},
.transferFee = 1'500,
.pay = 1000});
AMM ammAlice(env, alice, XRP(20'000), BTC(1000));
ammAlice.deposit(
bob,
10'000'000,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecUNFUNDED_AMM));
}
// Insufficient reserve, XRP/MPT
{
Env env(*this);
auto const starting_xrp = reserve(env, 4) + env.current()->fees().base * 4;
env.fund(XRP(10'000), gw);
env.fund(XRP(10'000), alice);
env.fund(starting_xrp, carol);
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.transferFee = 1'500,
.pay = 40'000});
env(offer(carol, XRP(100), BTC(101)));
AMM ammAlice(env, alice, XRP(1000), BTC(1000));
ammAlice.deposit(
carol,
XRP(100),
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecINSUF_RESERVE_LINE));
env(offer(carol, XRP(100), BTC(102)));
ammAlice.deposit(
carol,
BTC(100),
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecINSUF_RESERVE_LINE));
}
// Invalid min
testAMM(
[&](AMM& ammAlice, Env& env) {
// min tokens can't be <= zero
ammAlice.deposit(carol, 0, XRP(100), tfSingleAsset, ter(temBAD_AMM_TOKENS));
ammAlice.deposit(carol, -1, XRP(100), tfSingleAsset, ter(temBAD_AMM_TOKENS));
ammAlice.deposit(
carol,
0,
XRP(100),
MPT(ammAlice[1])(100),
std::nullopt,
tfTwoAsset,
std::nullopt,
std::nullopt,
std::nullopt,
ter(temBAD_AMM_TOKENS));
// min amounts can't be <= zero
ammAlice.deposit(
carol,
1'000,
XRP(0),
MPT(ammAlice[1])(100),
std::nullopt,
tfTwoAsset,
std::nullopt,
std::nullopt,
std::nullopt,
ter(temBAD_AMOUNT));
ammAlice.deposit(
carol,
1'000,
XRP(100),
MPT(ammAlice[1])(-1),
std::nullopt,
tfTwoAsset,
std::nullopt,
std::nullopt,
std::nullopt,
ter(temBAD_AMOUNT));
ammAlice.deposit(
carol,
1'000,
XRP(100),
badMPT(),
std::nullopt,
tfTwoAsset,
std::nullopt,
std::nullopt,
std::nullopt,
ter(temBAD_MPT));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Min deposit
testAMM(
[&](AMM& ammAlice, Env& env) {
// Equal deposit by tokens
ammAlice.deposit(
carol,
1'000'000,
XRP(1'000),
MPT(ammAlice[1])(1'001),
std::nullopt,
tfLPToken,
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecAMM_FAILED));
ammAlice.deposit(
carol,
1'000'000,
XRP(1'001),
MPT(ammAlice[1])(1'000),
std::nullopt,
tfLPToken,
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecAMM_FAILED));
// Equal deposit by asset
ammAlice.deposit(
carol,
100'001,
XRP(100),
MPT(ammAlice[1])(100),
std::nullopt,
tfTwoAsset,
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecAMM_FAILED));
// Single deposit by asset
ammAlice.deposit(
carol,
488'090,
XRP(1'000),
std::nullopt,
std::nullopt,
tfSingleAsset,
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecAMM_FAILED));
},
{{XRP(1000), AMMMPT(1000)}});
// OutstandingAmount > MaximumAmount
{
Env env{*this};
env.fund(XRP(1'000), gw, alice);
MPTTester const BTC({.env = env, .issuer = gw, .holders = {alice}, .maxAmt = 100});
AMM amm(env, gw, XRP(100), BTC(90));
// OutstandingAmount is 90, issuer issues 1 over MaximumAmount
amm.deposit(
DepositArg{.account = gw, .asset1In = BTC(11), .err = ter(tecUNFUNDED_AMM)});
env(pay(gw, alice, BTC(10)));
// OutstandingAmount is 100, issuer issues 10 over MaximumAmount
amm.deposit(
DepositArg{.account = gw, .asset1In = BTC(10), .err = ter(tecUNFUNDED_AMM)});
// This is fine - alice transfers 10 to AMM. OutstandingAmount
// is 100.
amm.deposit(DepositArg{.account = alice, .asset1In = BTC(10)});
}
}
void
testDeposit()
{
testcase("Deposit");
using namespace jtx;
// Equal deposit: 1000000 tokens. XRP/MPT AMM.
testAMM(
[&](AMM& ammAlice, Env& env) {
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(carol, 1'000'000);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{11'000'000, 0}));
// carol deposited 1000 XRP and pays the transaction fee
env.require(balance(carol, carolXRP - XRP(1000) - drops(baseFee)));
// carol deposited 1000 MPT
env.require(balance(carol, carolMPT - MPT(ammAlice[1])(1000)));
},
{{XRP(10'000), AMMMPT(10'000)}});
// single deposit MPT with eprice
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
MPT(ammAlice[1])(100),
std::nullopt,
STAmount{ammAlice.lptIssue(), 1, -1},
tfLimitLPToken);
// although we should use lptoken unit for eprice,
// we don't check the currency any more, we just use
// the value
ammAlice.deposit(
carol,
MPT(ammAlice[1])(100),
std::nullopt,
STAmount{USD, 1, -1},
tfLimitLPToken);
},
{{USD(10'000'000), AMMMPT(10'000)}});
// Equal deposit: 1000000 tokens. IOU/MPT combination
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto carolBTC = env.balance(carol, BTC);
auto carolUSD = env.balance(carol, USD);
ammAlice.deposit(carol, 1'000);
BEAST_EXPECT(ammAlice.expectBalances(BTC(11'000), USD(11'000), IOUAmount(11'000)));
env.require(balance(carol, carolBTC - BTC(1000)));
env.require(balance(carol, carolUSD - USD(1000)));
};
testHelper2TokensMix(test);
}
// Deposit 100MPT/100XRP. XRP/MPT AMM.
testAMM(
[&](AMM& ammAlice, Env& env) {
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(carol, MPT(ammAlice[1])(100), XRP(100));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'100), MPT(ammAlice[1])(10'100), IOUAmount{10'100'000, 0}));
env.require(balance(carol, carolXRP - XRP(100) - drops(baseFee)));
env.require(balance(carol, carolMPT - MPT(ammAlice[1])(100)));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Deposit MPT/IOU combination
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto carolBTC = env.balance(carol, BTC);
auto carolUSD = env.balance(carol, USD);
ammAlice.deposit(carol, BTC(100), USD(100));
BEAST_EXPECT(ammAlice.expectBalances(BTC(10'100), USD(10'100), IOUAmount(10'100)));
env.require(balance(carol, carolBTC - BTC(100)));
env.require(balance(carol, carolUSD - USD(100)));
};
testHelper2TokensMix(test);
}
// Equal limit deposit.
// Try to deposit 200MPT/100XRP. Is truncated to 100MPT/100XRP.
testAMM(
[&](AMM& ammAlice, Env& env) {
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(carol, MPT(ammAlice[1])(200), XRP(100));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'100), MPT(ammAlice[1])(10'100), IOUAmount{10'100'000, 0}));
env.require(balance(carol, carolXRP - XRP(100) - drops(baseFee)));
env.require(balance(carol, carolMPT - MPT(ammAlice[1])(100)));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal limit deposit. MPT/IOU combination.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto carolBTC = env.balance(carol, BTC);
auto carolUSD = env.balance(carol, USD);
ammAlice.deposit(carol, BTC(200), USD(100));
BEAST_EXPECT(ammAlice.expectBalances(BTC(10'100), USD(10'100), IOUAmount(10'100)));
env.require(balance(carol, carolBTC - BTC(100)));
env.require(balance(carol, carolUSD - USD(100)));
};
testHelper2TokensMix(test);
}
// Single deposit: 1000 MPT into MPT/XRP
testAMM(
[&](AMM& ammAlice, Env& env) {
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(carol, MPT(ammAlice[1])(1000));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(11'000), IOUAmount{10'488'088'48170151, -8}));
env.require(balance(carol, carolXRP - drops(baseFee)));
env.require(balance(carol, carolMPT - MPT(ammAlice[1])(1000)));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit: 1000 XRP into MPT/XRP
testAMM(
[&](AMM& ammAlice, Env& env) {
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(carol, XRP(1000));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(10'000), IOUAmount{10'488'088'48170151, -8}));
env.require(balance(carol, carolXRP - XRP(1000) - drops(baseFee)));
env.require(balance(carol, carolMPT));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit: 1000 MPT0 into MPT/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
auto carolMPT0 = env.balance(carol, MPT(ammAlice[0]));
auto carolMPT1 = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(carol, MPT(ammAlice[0])(1000));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(11'000),
MPT(ammAlice[1])(10'000),
IOUAmount{10'488'08848170151, -11}));
env.require(balance(carol, carolMPT0 - MPT(ammAlice[0])(1000)));
env.require(balance(carol, carolMPT1));
},
{{AMMMPT(10'000), AMMMPT(10'000)}});
// Single deposit: 1000 MPT into MPT/IOU
testAMM(
[&](AMM& ammAlice, Env& env) {
auto carolMPT = env.balance(carol, MPT(ammAlice[0]));
auto carolUSD = env.balance(carol, USD);
ammAlice.deposit(carol, MPT(ammAlice[0])(1000));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(11'000), USD(10'000), IOUAmount{10'488'08848170151, -11}));
env.require(balance(carol, carolMPT - MPT(ammAlice[0])(1000)));
env.require(balance(carol, carolUSD));
},
{{AMMMPT(10'000), USD(10'000)}});
// Single deposit: 1000 IOU into MPT/IOU
testAMM(
[&](AMM& ammAlice, Env& env) {
auto carolMPT = env.balance(carol, MPT(ammAlice[0]));
auto carolUSD = env.balance(carol, USD);
ammAlice.deposit(carol, USD(1000));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000),
STAmount{USD, UINT64_C(10999'99999999999), -11},
IOUAmount{10'488'08848170151, -11}));
env.require(balance(carol, carolMPT));
env.require(
balance(carol, carolUSD - STAmount{USD, UINT64_C(999'99999999999), -11}));
},
{{AMMMPT(10'000), USD(10'000)}});
// Single deposit: 100000 tokens worth of MPT into XRP/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(carol, 100'000, MPT(ammAlice[1])(205));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'201), IOUAmount{10'100'000, 0}));
env.require(balance(carol, carolXRP - drops(baseFee)));
env.require(balance(carol, carolMPT - MPT(ammAlice[1])(201)));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit: 100000 tokens worth of XRP into XRP/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(carol, 100'000, XRP(205));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'201), MPT(ammAlice[1])(10'000), IOUAmount{10'100'000, 0}));
env.require(balance(carol, carolXRP - XRP(201) - drops(baseFee)));
env.require(balance(carol, carolMPT));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit: 100 tokens worth of MPT/IOU into pool of MPT/IOU
// combination
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto carolBTC = env.balance(carol, BTC);
auto carolUSD = env.balance(carol, USD);
ammAlice.deposit(carol, 100, USD(205));
auto deltaUSD = [&]() {
if constexpr (std::is_same_v<MPT, std::decay_t<decltype(USD)>>)
return USD(202);
return USD(201);
}();
BEAST_EXPECT(ammAlice.expectBalances(
BTC(10'000), USD(10'000) + deltaUSD, IOUAmount{10'100, 0}));
env.require(balance(carol, carolBTC));
env.require(balance(carol, carolUSD - deltaUSD));
};
testHelper2TokensMix(test);
}
// Single deposit with EP not exceeding specified:
// 100 MPT with EP not to exceed 0.1 (AssetIn/TokensOut)
// for XRP/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
MPT(ammAlice[1])(100),
std::nullopt,
STAmount{ammAlice.lptIssue(), 1, -1});
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10100), IOUAmount{10'049'875'62112089, -8}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit with EP not exceeding specified:
// 100 MPT with EP not to exceed 0.002004 (AssetIn/TokensOut)
testAMM(
[&](AMM& ammAlice, Env& env) {
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(
carol,
MPT(ammAlice[1])(100),
std::nullopt,
STAmount{ammAlice.lptIssue(), 2004, -6});
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'081), IOUAmount{10'039'920'31840891, -8}));
env.require(balance(carol, carolXRP - drops(baseFee)));
env.require(balance(carol, carolMPT - MPT(ammAlice[1])(81)));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit with EP not exceeding specified:
// 0 MPT with EP not to exceed 0.002004 (AssetIn/TokensOut)
testAMM(
[&](AMM& ammAlice, Env& env) {
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
ammAlice.deposit(
carol,
MPT(ammAlice[1])(0),
std::nullopt,
STAmount{ammAlice.lptIssue(), 2004, -6});
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'081), IOUAmount{10'039'920'31840891, -8}));
env.require(balance(carol, carolXRP - drops(baseFee)));
env.require(balance(carol, carolMPT - MPT(ammAlice[1])(81)));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit with EP not exceeding specified:
// 100 MPT with EP not to exceed 0.1 (AssetIn/TokensOut)
// for IOU/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
MPT(ammAlice[1])(100),
std::nullopt,
STAmount{ammAlice.lptIssue(), 1, -1});
BEAST_EXPECT(ammAlice.expectBalances(
USD(10'000'000'000),
MPT(ammAlice[1])(10100),
IOUAmount{10'049'875'62112089, -8}));
},
{{USD(10'000'000'000), AMMMPT(10'000)}});
// Single deposit with EP not exceeding specified:
// 100 IOU with EP not to exceed 0.1 (AssetIn/TokensOut)
// for IOU/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, USD(100), std::nullopt, STAmount{USD, 1, -1});
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[1])(10'000'000'000),
USD(10100),
IOUAmount{10'049'875'62112089, -8}));
},
{{USD(10'000), AMMMPT(10'000'000'000)}});
// Single deposit with EP not exceeding specified:
// 100 IOU with EP not to exceed 0.1 (AssetIn/TokensOut)
// for MPT/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
MPT(ammAlice[0])(100),
std::nullopt,
STAmount{ammAlice.lptIssue(), 1, -1});
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[1])(10'000'000'000),
MPT(ammAlice[0])(10100),
IOUAmount{10'049'875'62112089, -8}));
},
{{AMMMPT(10'000), AMMMPT(10'000'000'000)}});
// MPT/MPT with transfer fee
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.transferFee = 25'000,
.pay = 400'000});
MPT const USD = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.transferFee = 25'000,
.pay = 400'000});
AMM ammAlice(env, alice, USD(200'000), BTC(5));
BEAST_EXPECT(ammAlice.expectBalances(USD(200'000), BTC(5), IOUAmount{1000, 0}));
ammAlice.deposit(carol, 100, std::nullopt, std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(USD(220'000), BTC(6), IOUAmount{1100, 0}));
}
// IOU/MPT with transfer fee
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, bob, carol);
env.close();
env(rate(gw, 1.25));
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.transferFee = 25'000,
.pay = 400'000});
auto const USD = gw["USD"];
env.trust(USD(1000000), alice);
env(pay(gw, alice, USD(1000000)));
env.trust(USD(1000000), bob);
env(pay(gw, bob, USD(1000000)));
env.trust(USD(1000000), carol);
env(pay(gw, carol, USD(1000000)));
env.close();
// IOU/MPT
AMM ammAlice(env, alice, USD(200'000), BTC(5));
BEAST_EXPECT(ammAlice.expectBalances(USD(200'000), BTC(5), IOUAmount{1000, 0}));
ammAlice.deposit(carol, 100, std::nullopt, std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(USD(220'000), BTC(6), IOUAmount{1100, 0}));
MPT const ETH = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.transferFee = 25'000,
.pay = 400'000});
// MPT/IOU
AMM ammBob(env, bob, ETH(20'000), USD(0.5));
BEAST_EXPECT(ammBob.expectBalances(ETH(20'000), USD(0.5), IOUAmount{100, 0}));
ammBob.deposit(carol, 10);
BEAST_EXPECT(ammBob.expectBalances(ETH(22'000), USD(0.55), IOUAmount{110, 0}));
}
// Tiny deposits for IOU/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
// tiny amount causes MPT to deposit rounded to 0
ammAlice.deposit(carol, IOUAmount{1, -3}, std::nullopt, std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(
STAmount{USD, UINT64_C(10'000'001), -3},
MPT(ammAlice[1])(10'001),
IOUAmount{10'000'001, -3}));
ammAlice.deposit(carol, IOUAmount{1});
BEAST_EXPECT(ammAlice.expectBalances(
STAmount{USD, UINT64_C(10'001'001), -3},
MPT(ammAlice[1])(10'003),
IOUAmount{10'001'001, -3}));
},
{{USD(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, STAmount{USD, 1, -10});
BEAST_EXPECT(ammAlice.expectBalances(
STAmount{USD, UINT64_C(10'000'00000000008), -11},
MPT(ammAlice[1])(10'000),
IOUAmount{1'000'000'000000004, -11}));
ammAlice.deposit(carol, MPT(ammAlice[1])(1));
BEAST_EXPECT(ammAlice.expectBalances(
STAmount{USD, UINT64_C(10'000'00000000008), -11},
MPT(ammAlice[1])(10'001),
IOUAmount{10'000'49998750066, -11}));
},
{{USD(10'000), AMMMPT(10'000)}});
// Tiny deposits for XRP/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, XRPAmount{1});
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount{10'000'000'001},
MPT(ammAlice[1])(10'000),
IOUAmount{1'000'000'000049999, -8}));
},
{{XRP(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, MPT(ammAlice[1])(1));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'001), IOUAmount{10'000'499'98750062, -8}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Tiny deposits for MPT/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, MPT(ammAlice[1])(1));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000),
MPT(ammAlice[1])(10'001),
IOUAmount{1'000'049'998750062, -11}));
},
{{AMMMPT(10'000), AMMMPT(10'000)}});
// MPT Issuer create/deposit
{
Env env(*this);
env.fund(XRP(30'000), gw);
env.close();
MPT const BTC = MPTTester({.env = env, .issuer = gw, .holders = {}});
AMM ammGw(env, gw, XRP(10'000), BTC(10'000'000'000));
BEAST_EXPECT(
ammGw.expectBalances(XRP(10'000), BTC(10'000'000'000), IOUAmount{10'000'000'000}));
ammGw.deposit(gw, 1'000'000);
BEAST_EXPECT(
ammGw.expectBalances(XRP(10'001), BTC(10'001000000), IOUAmount{10'001000000}));
ammGw.deposit(gw, BTC(1'000000000));
BEAST_EXPECT(ammGw.expectBalances(
XRP(10'001), BTC(11'001000000), IOUAmount{1048'908'961731188, -5}));
}
// Issuer deposit in MPT/MPT pool
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(gw, 1'000'000);
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(1'010'000),
MPT(ammAlice[1])(1'010'000),
IOUAmount{1'010'000}));
ammAlice.deposit(gw, MPT(ammAlice[0])(1000));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(1'010'999),
MPT(ammAlice[1])(1'010'000),
IOUAmount{1'010'499'376546071, -9}));
},
{{AMMMPT(10'000), AMMMPT(10'000)}});
// Issuer deposit in MPT/XRP pool
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(gw, 1'000'000);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{11'000'000}));
ammAlice.deposit(gw, MPT(ammAlice[1])(1'000));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(12'000), IOUAmount{11'489'125'29307605, -8}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal deposit by tokens MPT/XRP
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
1'000'000,
XRP(1'000),
MPT(ammAlice[1])(1'000),
std::nullopt,
tfLPToken,
std::nullopt,
std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{11'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal deposit by tokens MPT/IOU combination
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto carolBTC = env.balance(carol, BTC);
auto carolUSD = env.balance(carol, USD);
ammAlice.deposit(
carol,
1'000,
USD(1'000),
BTC(1'000),
std::nullopt,
tfLPToken,
std::nullopt,
std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(USD(11'000), BTC(11'000), IOUAmount{11'000}));
env.require(balance(carol, carolBTC - BTC(1000)));
env.require(balance(carol, carolUSD - USD(1000)));
};
testHelper2TokensMix(test);
}
// Equal deposit by asset XRP/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
1'000'000,
XRP(1'000),
MPT(ammAlice[1])(1'000),
std::nullopt,
tfTwoAsset,
std::nullopt,
std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{11'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal deposit by asset IOU/MPT combination
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto carolBTC = env.balance(carol, BTC);
auto carolUSD = env.balance(carol, USD);
ammAlice.deposit(
carol,
1'000,
USD(1'000),
BTC(1'000),
std::nullopt,
tfTwoAsset,
std::nullopt,
std::nullopt);
BEAST_EXPECT(
ammAlice.expectBalances(USD(11'000), BTC(11'000), IOUAmount{11'000, 0}));
env.require(balance(carol, carolBTC - BTC(1000)));
env.require(balance(carol, carolUSD - USD(1000)));
};
testHelper2TokensMix(test);
}
// Single deposit XRP by asset MPT/XRP
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
488'088,
XRP(1'000),
std::nullopt,
std::nullopt,
tfSingleAsset,
std::nullopt,
std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(10'000), IOUAmount{10'488'088'48170151, -8}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit MPT by asset MPT/XRP
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
488'088,
MPT(ammAlice[1])(1'000),
std::nullopt,
std::nullopt,
tfSingleAsset,
std::nullopt,
std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(11'000), IOUAmount{10'488'088'48170151, -8}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit IOU by asset MPT/IOU
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
488,
USD(1'000),
std::nullopt,
std::nullopt,
tfSingleAsset,
std::nullopt,
std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(
STAmount{USD, UINT64_C(10'999'99999999999), -11},
MPT(ammAlice[1])(10'000),
IOUAmount{10'488'08848170151, -11}));
},
{{USD(10'000), AMMMPT(10'000)}});
// Single deposit MPT by asset MPT/IOU
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
488,
MPT(ammAlice[1])(1'000),
std::nullopt,
std::nullopt,
tfSingleAsset,
std::nullopt,
std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(
USD(10'000), MPT(ammAlice[1])(11'000), IOUAmount{10'488'088'48170151, -11}));
},
{{USD(10'000), AMMMPT(10'000)}});
// Single deposit MPT by asset MPT/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(
carol,
488,
MPT(ammAlice[1])(1'000),
std::nullopt,
std::nullopt,
tfSingleAsset,
std::nullopt,
std::nullopt);
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000),
MPT(ammAlice[1])(11'000),
IOUAmount{10'488'088'48170151, -11}));
},
{{AMMMPT(10'000), AMMMPT(10'000)}});
}
void
testInvalidWithdraw()
{
testcase("Invalid AMMWithdraw");
using namespace jtx;
auto const all = testable_amendments();
testAMM(
[&](AMM& ammAlice, Env& env) {
WithdrawArg const args{
.asset1Out = XRP(100),
.err = ter(tecAMM_BALANCE),
};
ammAlice.withdraw(args);
},
{{XRP(99), AMMMPT(99)}});
testAMM(
[&](AMM& ammAlice, Env& env) {
WithdrawArg const args{
.asset1Out = MPT(ammAlice[1])(100),
.err = ter(tecAMM_BALANCE),
};
ammAlice.withdraw(args);
},
{{XRP(99), AMMMPT(99)}});
{
Env env{*this};
env.fund(XRP(30'000), gw, alice, bob);
env.close();
// alice is authorized to hold gw MPT, bob is not authorized
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTRequireAuth | MPTDEXFlags,
.authHolder = true});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
WithdrawArg const args{
.account = bob,
.asset1Out = BTC(100),
.err = ter(tecNO_AUTH),
};
ammAlice.withdraw(args);
}
testAMM(
[&](AMM& ammAlice, Env& env) {
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 2'000,
.flags = tfMPTCanLock | MPTDEXFlags});
// Invalid tokens
ammAlice.withdraw(alice, 0, std::nullopt, std::nullopt, ter(temBAD_AMM_TOKENS));
ammAlice.withdraw(
alice, IOUAmount{-1}, std::nullopt, std::nullopt, ter(temBAD_AMM_TOKENS));
// Mismatched token, invalid Asset1Out issue
ammAlice.withdraw(
alice, BTC(100), std::nullopt, std::nullopt, ter(temBAD_AMM_TOKENS));
ammAlice.withdraw(
alice, MPT(badMPT())(100), std::nullopt, std::nullopt, ter(temBAD_MPT));
// Mismatched token, invalid Asset2Out issue
ammAlice.withdraw(alice, XRP(100), BTC(100), std::nullopt, ter(temBAD_AMM_TOKENS));
// Mismatched token, Asset1Out.issue == Asset2Out.issue
ammAlice.withdraw(
alice,
MPT(ammAlice[1])(100),
MPT(ammAlice[1])(100),
std::nullopt,
ter(temBAD_AMM_TOKENS));
// Invalid amount value
ammAlice.withdraw(
alice, MPT(ammAlice[1])(0), std::nullopt, std::nullopt, ter(temBAD_AMOUNT));
ammAlice.withdraw(
alice, MPT(ammAlice[1])(-100), std::nullopt, std::nullopt, ter(temBAD_AMOUNT));
ammAlice.withdraw(
alice, MPT(ammAlice[1])(10), std::nullopt, IOUAmount{-1}, ter(temBAD_AMOUNT));
// Invalid amount/token value, withdraw all tokens from one side
// of the pool.
ammAlice.withdraw(
alice,
MPT(ammAlice[1])(10'000),
std::nullopt,
std::nullopt,
ter(tecAMM_BALANCE));
ammAlice.withdraw(
alice, XRP(10'000), std::nullopt, std::nullopt, ter(tecAMM_BALANCE));
ammAlice.withdraw(
alice,
std::nullopt,
MPT(ammAlice[1])(0),
std::nullopt,
std::nullopt,
tfOneAssetWithdrawAll,
std::nullopt,
std::nullopt,
ter(tecAMM_BALANCE));
// Bad MPT
ammAlice.withdraw(
alice, XRP(100), MPT(badMPT())(100), std::nullopt, ter(temBAD_MPT));
// Specified MPToken doesn't match the pool assets
ammAlice.withdraw(
alice, XRP(100), MPT(noMPT())(100), std::nullopt, ter(temBAD_AMM_TOKENS));
// Invalid Account
Account bad("bad");
env.memoize(bad);
ammAlice.withdraw(
bad,
1'000'000,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
seq(1),
ter(terNO_ACCOUNT));
// Invalid AMM
ammAlice.withdraw(
alice,
1'000,
std::nullopt,
std::nullopt,
std::nullopt,
std::nullopt,
{{MPT(ammAlice[1]), GBP}},
std::nullopt,
ter(terNO_AMM));
// Carol is not a Liquidity Provider
ammAlice.withdraw(carol, 10'000, std::nullopt, std::nullopt, ter(tecAMM_BALANCE));
},
{{XRP(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env& env) {
// Withdraw entire one side of the pool.
// Pre-fixAMMv1_3:
// Equal withdraw but due to MPT precision limit,
// this results in full withdraw of MPT pool only,
// while leaving a tiny amount in USD pool.
// Post-fixAMMv1_3:
// Most of the pool is withdrawn with remaining tiny amounts
auto err = env.enabled(fixAMMv1_3) ? ter(tesSUCCESS) : ter(tecAMM_BALANCE);
ammAlice.withdraw(
alice, IOUAmount{9'999'999'9999, -4}, std::nullopt, std::nullopt, err);
if (env.enabled(fixAMMv1_3))
{
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(1), STAmount{USD, 1, -7}, IOUAmount{1, -4}));
}
},
{{AMMMPT(10'000'000'000), USD(10'000)}},
0,
std::nullopt,
{all, all - fixAMMv1_3});
testAMM(
[&](AMM& ammAlice, Env& env) {
// Similar to above with even smaller remaining amount
// Pre-fixAMMv1_3: results in full withdraw of MPT pool only,
// returning tecAMM_BALANCE. Post-fixAMMv1_3: most of the pool
// is withdrawn with remaining tiny amounts
auto err = env.enabled(fixAMMv1_3) ? ter(tesSUCCESS) : ter(tecAMM_BALANCE);
ammAlice.withdraw(
alice, IOUAmount{9'999'999'999999999, -9}, std::nullopt, std::nullopt, err);
if (env.enabled(fixAMMv1_3))
{
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(1), STAmount{USD, 1, -11}, IOUAmount{1, -8}));
}
},
{{AMMMPT(10'000'000'000), USD(10'000)}},
0,
std::nullopt,
{all, all - fixAMMv1_3});
// Invalid AMM
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.withdrawAll(alice);
ammAlice.withdraw(alice, 10'000, std::nullopt, std::nullopt, ter(terNO_AMM));
},
{{XRP(10'000), AMMMPT(10'000)}});
// MPTokenIssuance object doesn't exist
{
Env env{*this};
env.fund(XRP(30'000), gw, alice);
env.close();
MPT const BTC =
MPTTester({.env = env, .issuer = gw, .holders = {alice}, .pay = 30'000});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
ammAlice.withdraw(
WithdrawArg{
.account = alice,
.asset1Out = MPT(gw, 1'000)(10),
.assets = {{XRP, MPT(gw, 1'000)}},
.err = ter(terNO_AMM)});
}
// MPTRequireAuth flag is set and the account is not authorized
{
Env env{*this};
env.fund(XRP(30'000), gw, alice);
env.close();
auto BTCM = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTRequireAuth | MPTDEXFlags,
.authHolder = true});
MPT const BTC = BTCM;
AMM amm(env, alice, XRP(10'000), BTC(10'000));
BTCM.authorize({.account = gw, .holder = alice, .flags = tfMPTUnauthorize});
amm.withdraw(
WithdrawArg{
.account = alice,
.asset1Out = BTC(100),
.assets = {{XRP, BTC}},
.err = ter(tecNO_AUTH)});
}
// MPTCanTransfer is not set and the account is not the issuer of MPT
{
Env env{*this};
env.fund(XRP(30'000), gw, alice);
env.close();
auto BTCM = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTCanTrade,
.authHolder = true});
MPT const BTC = BTCM;
AMM amm(env, gw, XRP(10'000), BTC(10'000));
amm.withdraw(
WithdrawArg{
.account = alice,
.asset1Out = BTC(100),
.assets = {{XRP, BTC}},
.err = ter(tecNO_PERMISSION)});
}
// Globally locked MPT
// MPTLocked flag is set and the account is not the issuer of MPT
{
Env env{*this};
env.fund(XRP(30'000), gw, alice);
env.close();
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags,
.authHolder = true});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
BTC.set({.flags = tfMPTLock});
ammAlice.withdraw(
alice, MPT(ammAlice[1])(100), std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.withdraw(alice, 1'000, std::nullopt, std::nullopt, ter(tecFROZEN));
// can single withdraw the other asset
ammAlice.withdraw({.account = alice, .asset1Out = XRP(100)});
}
// Individually frozen (AMM) account with MPT/MPT AMM
{
Env env{*this};
env.fund(XRP(10'000), gw, alice);
env.close();
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
MPTTester const USD(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 40'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM ammAlice(env, alice, USD(10'000), BTC(10'000));
// Alice's BTC is locked
BTC.set({.holder = alice, .flags = tfMPTLock});
ammAlice.withdraw(alice, 1000, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.withdraw(alice, BTC(100), std::nullopt, std::nullopt, ter(tecFROZEN));
// can withdraw the other asset
ammAlice.withdraw(alice, USD(100), std::nullopt, std::nullopt);
// Unlock and then alice can withdraw
BTC.set({.holder = alice, .flags = tfMPTUnlock});
ammAlice.withdraw(alice, 1000, std::nullopt, std::nullopt);
ammAlice.withdraw(alice, BTC(100), std::nullopt, std::nullopt);
ammAlice.withdraw(alice, USD(100), std::nullopt, std::nullopt);
}
// Individually lock MPT or freeze IOU (AMM)
{
Env env{*this};
fund(env, gw, {alice}, {USD(20'000)}, Fund::All);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM ammAlice(env, alice, USD(10'000), BTC(10'000));
// Alice's BTC is locked
BTC.set({.holder = alice, .flags = tfMPTLock});
ammAlice.withdraw(alice, 1'000, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.withdraw(alice, BTC(100), std::nullopt, std::nullopt, ter(tecFROZEN));
// can still single withdraw the unlocked other asset
ammAlice.withdraw(alice, USD(100), std::nullopt, std::nullopt);
// Unlock alice's BTC
BTC.set({.holder = alice, .flags = tfMPTUnlock});
// Now alice can withdraw
ammAlice.withdraw(alice, USD(100), std::nullopt, std::nullopt);
ammAlice.withdraw(alice, 1'000, std::nullopt, std::nullopt);
ammAlice.withdraw(alice, BTC(100), std::nullopt, std::nullopt);
// Individually lock MPT BTC (AMM) account
BTC.set({.holder = ammAlice.ammAccount(), .flags = tfMPTLock});
// Can withdraw non-frozen token USD
ammAlice.withdraw(alice, USD(100), std::nullopt, std::nullopt);
// Can not withdraw locked token BTC
ammAlice.withdraw(alice, 1'000, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.withdraw(alice, BTC(100), std::nullopt, std::nullopt, ter(tecFROZEN));
// Unlock AMM MPT
BTC.set({.holder = ammAlice.ammAccount(), .flags = tfMPTUnlock});
// Can withdraw
ammAlice.withdraw(alice, 1'000, std::nullopt, std::nullopt);
ammAlice.withdraw(alice, BTC(100), std::nullopt, std::nullopt);
// Individually frozen AMM
env(trust(
gw, STAmount{Issue{gw["USD"].currency, ammAlice.ammAccount()}, 0}, tfSetFreeze));
env.close();
// Can withdraw non-locked token BTC
ammAlice.withdraw(alice, BTC(100), std::nullopt, std::nullopt);
// Can not withdraw frozen token USD
ammAlice.withdraw(alice, 1'000, std::nullopt, std::nullopt, ter(tecFROZEN));
ammAlice.withdraw(alice, USD(100), std::nullopt, std::nullopt, ter(tecFROZEN));
// Unfreeze
env(trust(
gw, STAmount{Issue{gw["USD"].currency, ammAlice.ammAccount()}, 0}, tfClearFreeze));
env.close();
// Can withdraw
ammAlice.withdraw(alice, 1'000, std::nullopt, std::nullopt);
ammAlice.withdraw(alice, USD(100), std::nullopt, std::nullopt);
}
// Carol withdraws more than she owns
testAMM(
[&](AMM& ammAlice, Env&) {
// Single deposit of 100000 worth of tokens
// which is 10% of the pool. Carol is LP now.
ammAlice.deposit(carol, 1'000'000);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{11'000'000, 0}));
ammAlice.withdraw(
carol, 2'000'000, std::nullopt, std::nullopt, ter(tecAMM_INVALID_TOKENS));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{11'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Withdraw with EPrice limit. Fails to withdraw, calculated tokens
// to withdraw are 0.
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, 1'000'000);
auto const err =
env.enabled(fixAMMv1_3) ? ter(tecAMM_INVALID_TOKENS) : ter(tecAMM_FAILED);
ammAlice.withdraw(
carol, MPT(ammAlice[1])(100), std::nullopt, IOUAmount{500, 0}, err);
},
{{XRP(10'000), AMMMPT(10'000)}},
0,
std::nullopt,
{all, all - fixAMMv1_3});
// Withdraw with EPrice limit. Fails to withdraw, calculated tokens
// to withdraw are greater than the LP shares.
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, 1'000'000);
ammAlice.withdraw(
carol,
MPT(ammAlice[1])(100),
std::nullopt,
IOUAmount{600, 0},
ter(tecAMM_INVALID_TOKENS));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Withdraw with EPrice limit. Fails to withdraw, amount1
// to withdraw is less than 1700 MPT.
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, 1'000'000);
ammAlice.withdraw(
carol,
MPT(ammAlice[1])(1'700),
std::nullopt,
IOUAmount{520, 0},
ter(tecAMM_FAILED));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Deposit/Withdraw the same amount with the trading fee
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, MPT(ammAlice[1])(1'000));
ammAlice.withdraw(
carol,
MPT(ammAlice[1])(1'000),
std::nullopt,
std::nullopt,
ter(tecAMM_INVALID_TOKENS));
},
{{XRP(10'000), AMMMPT(10'000)}},
1'000);
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, XRP(1'000));
ammAlice.withdraw(
carol, XRP(1'000), std::nullopt, std::nullopt, ter(tecAMM_INVALID_TOKENS));
},
{{XRP(10'000), AMMMPT(10'000)}},
1'000);
// Deposit/Withdraw the same amount fails due to the tokens adjustment
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, STAmount{USD, 1, -6});
ammAlice.withdraw(
carol,
STAmount{USD, 1, -6},
std::nullopt,
std::nullopt,
ter(tecAMM_INVALID_TOKENS));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
// Withdraw close to one side of the pool. Account's LP tokens
// are rounded to all LP tokens.
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(
alice,
STAmount{MPT(ammAlice[1]), UINT64_C(9'999'999999999999), -12},
std::nullopt,
std::nullopt,
ter(tecAMM_BALANCE));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Tiny withdraw
testAMM(
[&](AMM& ammAlice, Env&) {
// XRP amount to withdraw is 0
ammAlice.withdraw(
alice, IOUAmount{1, -5}, std::nullopt, std::nullopt, ter(tecAMM_FAILED));
// Calculated tokens to withdraw are 0
ammAlice.withdraw(
alice,
std::nullopt,
STAmount{USD, 1, -11},
std::nullopt,
ter(tecAMM_INVALID_TOKENS));
ammAlice.deposit(carol, STAmount{USD, 1, -10});
ammAlice.withdraw(
carol,
std::nullopt,
STAmount{USD, 1, -9},
std::nullopt,
ter(tecAMM_INVALID_TOKENS));
ammAlice.withdraw(
carol,
std::nullopt,
MPT(ammAlice[0])(1),
std::nullopt,
ter(tecAMM_INVALID_TOKENS));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
}
void
testWithdraw()
{
testcase("Withdraw");
using namespace jtx;
// Equal withdrawal by Carol: 1'000'000 of tokens, 10% of the current
// pool
testAMM(
[&](AMM& ammAlice, Env& env) {
// XRP/MPT
XRPAmount const baseFee{env.current()->fees().base};
auto carolXRP = env.balance(carol, XRP);
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
// Single deposit of 1'000'000 worth of tokens,
// which is 10% of the pool. Carol is LP now.
ammAlice.deposit(carol, 1'000'000);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{11'000'000, 0}));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{1'000'000, 0}));
env.require(balance(carol, carolMPT - MPT(ammAlice[1])(1'000)));
env.require(balance(carol, carolXRP - XRP(1'000) - drops(baseFee)));
// Carol withdraws all tokens
ammAlice.withdraw(carol, 1'000'000);
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount(beast::Zero())));
env.require(balance(carol, carolMPT));
env.require(balance(carol, carolXRP - drops(2 * baseFee)));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal withdrawal by tokens 1000000, 10%
// of the current pool, XRP/MPT
testAMM(
[&](AMM& ammAlice, Env&) {
// XRP/MPT
ammAlice.withdraw(alice, 1'000'000);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(9'000), MPT(ammAlice[1])(9'000), IOUAmount{9'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal withdrawal by tokens, 10% of the current pool, IOU/MPT
// combination
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto aliceBTC = env.balance(alice, BTC);
auto aliceUSD = env.balance(alice, USD);
ammAlice.withdraw(alice, 1'000);
BEAST_EXPECT(ammAlice.expectBalances(BTC(9'000), USD(9'000), IOUAmount(9'000)));
env.require(balance(alice, aliceBTC + BTC(1000)));
env.require(balance(alice, aliceUSD + USD(1000)));
};
testHelper2TokensMix(test);
}
// Equal withdrawal with a limit. Withdraw XRP200.
// If proportional withdraw of MPT is less than 100
// then withdraw that amount, otherwise withdraw MPT100
// and proportionally withdraw XRP. It's the latter
// in this case - XRP100/MPT100.
testAMM(
[&](AMM& ammAlice, Env&) {
// XRP/MPT
ammAlice.withdraw(alice, XRP(200), MPT(ammAlice[1])(100));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(9'900), MPT(ammAlice[1])(9'900), IOUAmount{9'900'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal withdrawal with a limit. XRP100/MPT200 truncated to
// XRP100/MPT100
testAMM(
[&](AMM& ammAlice, Env&) {
// XRP/MPT
ammAlice.withdraw(alice, XRP(100), MPT(ammAlice[1])(200));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(9'900), MPT(ammAlice[1])(9'900), IOUAmount{9'900'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal withdrawal with a limit. IOU/MPT combination.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto aliceBTC = env.balance(alice, BTC);
auto aliceUSD = env.balance(alice, USD);
ammAlice.withdraw(alice, BTC(200), USD(100));
BEAST_EXPECT(ammAlice.expectBalances(BTC(9'900), USD(9'900), IOUAmount(9'900)));
env.require(balance(alice, aliceBTC + BTC(100)));
env.require(balance(alice, aliceUSD + USD(100)));
};
testHelper2TokensMix(test);
}
// Single withdrawal by amount
testAMM(
[&](AMM& ammAlice, Env&) {
// single withdraw XRP from XRP/MPT
ammAlice.withdraw(alice, XRP(1'000));
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount(9000'000001),
MPT(ammAlice[1])(10'000),
IOUAmount{9'486'832'98050514, -8}));
},
{{XRP(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env&) {
// single withdraw MPT from XRP/MPT
ammAlice.withdraw(alice, MPT(ammAlice[1])(1'000));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10000), MPT(ammAlice[1])(9001), IOUAmount{9'486'832'98050514, -8}));
},
{{XRP(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env&) {
// single withdraw IOU from IOU/MPT
ammAlice.withdraw(alice, USD(1'000));
BEAST_EXPECT(ammAlice.expectBalances(
STAmount{USD, UINT64_C(9000'000000000004), -12},
MPT(ammAlice[1])(10'000),
IOUAmount{9486'83298050514, -11}));
},
{{USD(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env&) {
// single withdraw MPT from IOU/MPT
ammAlice.withdraw(alice, MPT(ammAlice[1])(1'000));
BEAST_EXPECT(ammAlice.expectBalances(
USD(10'000), MPT(ammAlice[1])(9001), IOUAmount{9486'83298050514, -11}));
},
{{USD(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env&) {
// single withdraw MPT from MPT/MPT
ammAlice.withdraw(alice, MPT(ammAlice[0])(1'000));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(9001),
MPT(ammAlice[1])(10'000),
IOUAmount{9486'83298050514, -11}));
},
{{AMMMPT(10'000), AMMMPT(10'000)}});
// Single withdrawal MPT by tokens 10000. XRP/MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, 10'000, MPT(ammAlice[1])(0));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(9981), IOUAmount{9'990'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single withdrawal XRP by tokens 10000. XRP/MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, 10'000, XRP(0));
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount(9980010000), MPT(ammAlice[1])(10'000), IOUAmount{9'990'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single withdrawal by tokens 10000. MPT/IOU combination.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto aliceBTC = env.balance(alice, BTC);
auto aliceUSD = env.balance(alice, USD);
ammAlice.withdraw(alice, 1000, BTC(0));
BEAST_EXPECT(ammAlice.expectBalances(USD(10'000), BTC(8100), IOUAmount{9000, 0}));
env.require(balance(alice, aliceBTC + BTC(1900)));
env.require(balance(alice, aliceUSD));
};
testHelper2TokensMix(test);
}
// Withdraw all tokens.
testAMM(
[&](AMM& ammAlice, Env& env) {
env(trust(carol, STAmount{ammAlice.lptIssue(), 10'000}));
// Can SetTrust only for AMM LP tokens
env(trust(carol, STAmount{Issue{EUR.currency, ammAlice.ammAccount()}, 10'000}),
ter(tecNO_PERMISSION));
env.close();
ammAlice.withdrawAll(alice);
BEAST_EXPECT(!ammAlice.ammExists());
BEAST_EXPECT(!env.le(keylet::ownerDir(ammAlice.ammAccount())));
// Can create AMM for the XRP/MPT pair
AMM const ammCarol(env, carol, XRP(10'000), MPT(ammAlice[1])(10'000));
BEAST_EXPECT(ammCarol.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'000), IOUAmount{10'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit 1000MPT, withdraw all tokens in MPT from XRP/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, MPT(ammAlice[1])(1'000));
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'001), IOUAmount{10'000'000, 0}));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount(beast::Zero())));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit 1000MPT, withdraw all tokens in XRP from XRP/MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, MPT(ammAlice[1])(1'000));
ammAlice.withdrawAll(carol, XRP(0));
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount(9'090'909'091), MPT(ammAlice[1])(11000), IOUAmount{10'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit 1000MPT, withdraw all tokens in MPT from USD/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
// USD/MPT
ammAlice.deposit(carol, MPT(ammAlice[1])(1'000));
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
BEAST_EXPECT(ammAlice.expectBalances(
USD(10'000), MPT(ammAlice[1])(10'001), IOUAmount{10'000, 0}));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount(beast::Zero())));
},
{{USD(10'000), AMMMPT(10'000)}});
// Single deposit 1000USD, withdraw all tokens in USD from USD/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
// USD/MPT
ammAlice.deposit(carol, USD(1'000));
ammAlice.withdrawAll(carol, USD(0));
BEAST_EXPECT(ammAlice.expectBalances(
USD(10'000), MPT(ammAlice[1])(10'000), IOUAmount{10'000, 0}));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount(beast::Zero())));
},
{{USD(10'000), AMMMPT(10'000)}});
// Single deposit 1000MPT, withdraw all tokens in MPT from MPT/MPT
testAMM(
[&](AMM& ammAlice, Env& env) {
// MPT/MPT
ammAlice.deposit(carol, MPT(ammAlice[1])(1'000));
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000), MPT(ammAlice[1])(10'001), IOUAmount{10'000, 0}));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount(beast::Zero())));
},
{{AMMMPT(10'000), AMMMPT(10'000)}});
// Single deposit 1000MPT, withdraw all tokens in MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, MPT(ammAlice[1])(1'000));
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10001), IOUAmount{10'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit 1000MPT, withdraw all tokens in USD
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, MPT(ammAlice[1])(1'000));
ammAlice.withdrawAll(carol, USD(0));
BEAST_EXPECT(ammAlice.expectBalances(
STAmount{USD, UINT64_C(9'090'9090909091), -10},
MPT(ammAlice[1])(11000),
IOUAmount{10'000, 0}));
},
{{USD(10'000), AMMMPT(10'000)}});
// Single deposit 1000USD, withdraw all tokens in MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, USD(1'000));
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
BEAST_EXPECT(ammAlice.expectBalances(
STAmount{USD, UINT64_C(10'999'99999999999), -11},
MPT(ammAlice[1])(9091),
IOUAmount{10'000, 0}));
},
{{USD(10'000), AMMMPT(10'000)}});
// Single deposit/withdraw by the same account
testAMM(
[&](AMM& ammAlice, Env&) {
auto lpTokens = ammAlice.deposit(carol, USD(1'000));
ammAlice.withdraw(carol, lpTokens, USD(0));
lpTokens = ammAlice.deposit(carol, STAmount(USD, 1, -6));
ammAlice.withdraw(carol, lpTokens, USD(0));
lpTokens = ammAlice.deposit(carol, MPT(ammAlice[0])(1));
ammAlice.withdraw(carol, lpTokens, MPT(ammAlice[0])(0));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000'000'001), USD(10'000), ammAlice.tokens()));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{0}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
testAMM(
[&](AMM& ammAlice, Env&) {
auto const& BTC = MPT(ammAlice[1]);
auto lpTokens = ammAlice.deposit(carol, BTC(1'000));
ammAlice.withdraw(carol, lpTokens, BTC(0));
lpTokens = ammAlice.deposit(carol, BTC(1));
ammAlice.withdraw(carol, lpTokens, BTC(0));
lpTokens = ammAlice.deposit(carol, BTC(1));
ammAlice.withdraw(carol, lpTokens, BTC(0));
BEAST_EXPECT(ammAlice.expectBalances(BTC(10'003), XRP(10'000), ammAlice.tokens()));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Single deposit by different accounts and then withdraw
// in reverse.
testAMM(
[&](AMM& ammAlice, Env&) {
auto const carolTokens = ammAlice.deposit(carol, MPT(ammAlice[1])(1'000));
auto const aliceTokens = ammAlice.deposit(alice, MPT(ammAlice[1])(1'000));
ammAlice.withdraw(alice, aliceTokens, MPT(ammAlice[1])(0));
ammAlice.withdraw(carol, carolTokens, MPT(ammAlice[1])(0));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'001), ammAlice.tokens()));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{0}));
BEAST_EXPECT(ammAlice.expectLPTokens(alice, ammAlice.tokens()));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal deposit 10%, withdraw all tokens. XRP/MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, 1'000'000);
ammAlice.withdrawAll(carol);
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'000), IOUAmount{10'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal deposit 10%, withdraw all tokens. IOU/MPT combination.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
auto carolBTC = env.balance(carol, BTC);
auto carolUSD = env.balance(carol, USD);
ammAlice.deposit(carol, 1'000);
ammAlice.withdrawAll(carol);
BEAST_EXPECT(
ammAlice.expectBalances(USD(10'000), BTC(10'000), IOUAmount{10'000, 0}));
env.require(balance(carol, carolBTC));
env.require(balance(carol, carolUSD));
};
testHelper2TokensMix(test);
}
// Equal deposit 10%, withdraw all tokens in MPT from XRP/MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, 1'000'000);
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000),
STAmount{MPT(ammAlice[1]), UINT64_C(9'090'909090909092), -12},
IOUAmount{10'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal deposit 10%, withdraw all tokens in XRP from XRP/MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, 1'000'000);
ammAlice.withdrawAll(carol, XRP(0));
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount(9'090'909'091), MPT(ammAlice[1])(11'000), IOUAmount{10'000'000, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Equal deposit 10%, withdraw all tokens in USD from USD/MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, 1'000);
ammAlice.withdrawAll(carol, USD(0));
BEAST_EXPECT(ammAlice.expectBalances(
STAmount{USD, UINT64_C(9'090'909090909092), -12},
MPT(ammAlice[1])(11'000),
IOUAmount{10'000}));
},
{{USD(10'000), AMMMPT(10'000)}});
// Equal deposit 10%, withdraw all tokens in MPT from MPT/MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.deposit(carol, 1'000);
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(11'000), MPT(ammAlice[1])(9'091), IOUAmount{10'000}));
},
{{AMMMPT(10'000), AMMMPT(10'000)}});
auto const all = testable_amendments();
// Withdraw with EPrice limit.
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, 1'000'000'000'000);
ammAlice.withdraw(
carol, MPT(ammAlice[1])(100'000000), std::nullopt, IOUAmount{520, 0});
if (!env.enabled(fixAMMv1_1) && !env.enabled(fixAMMv1_3))
{
BEAST_EXPECT(
ammAlice.expectBalances(
XRP(11'000'000000),
MPT(ammAlice[1])(9372781065),
IOUAmount{10'153'846'15384616, -2}) &&
ammAlice.expectLPTokens(carol, IOUAmount{153'846'15384616, -2}));
}
else if (env.enabled(fixAMMv1_1) && !env.enabled(fixAMMv1_3))
{
BEAST_EXPECT(
ammAlice.expectBalances(
XRP(11'000'000000),
MPT(ammAlice[1])(9372781065),
IOUAmount{10'153'846'15384616, -2}) &&
ammAlice.expectLPTokens(carol, IOUAmount{153'846'15384616, -2}));
}
else if (env.enabled(fixAMMv1_3))
{
BEAST_EXPECT(
ammAlice.expectBalances(
XRP(11'000'000000),
MPT(ammAlice[1])(9372781066),
IOUAmount{10'153'846'15384616, -2}) &&
ammAlice.expectLPTokens(carol, IOUAmount{153'846'15384616, -2}));
}
ammAlice.withdrawAll(carol);
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{0}));
},
{{XRP(10'000'000'000), AMMMPT(10'000'000'000)}},
0,
std::nullopt,
{all, all - fixAMMv1_3, all - fixAMMv1_1 - fixAMMv1_3});
// Withdraw with EPrice limit. AssetOut is 0.
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, 1'000'000'000'000);
ammAlice.withdraw(carol, MPT(ammAlice[1])(0), std::nullopt, IOUAmount{520, 0});
if (!env.enabled(fixAMMv1_1) && !env.enabled(fixAMMv1_3))
{
BEAST_EXPECT(
ammAlice.expectBalances(
XRP(11'000'000000),
MPT(ammAlice[1])(9372781065),
IOUAmount{10'153'846'15384616, -2}) &&
ammAlice.expectLPTokens(carol, IOUAmount{153'846'15384616, -2}));
}
else if (env.enabled(fixAMMv1_1) && !env.enabled(fixAMMv1_3))
{
BEAST_EXPECT(
ammAlice.expectBalances(
XRP(11'000'000000),
MPT(ammAlice[1])(9372781065),
IOUAmount{10'153'846'15384616, -2}) &&
ammAlice.expectLPTokens(carol, IOUAmount{153'846'15384616, -2}));
}
else if (env.enabled(fixAMMv1_3))
{
BEAST_EXPECT(
ammAlice.expectBalances(
XRP(11'000'000000),
MPT(ammAlice[1])(9372781066),
IOUAmount{10'153'846'15384616, -2}) &&
ammAlice.expectLPTokens(carol, IOUAmount{153'846'15384616, -2}));
}
ammAlice.withdrawAll(carol);
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{0}));
},
{{XRP(10'000'000'000), AMMMPT(10'000'000'000)}},
0,
std::nullopt,
{all, all - fixAMMv1_3, all - fixAMMv1_1 - fixAMMv1_3});
// IOU/MPT combination + transfer fee
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, bob, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000,
.transferFee = 25'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000,
.transferFee = 25'000});
env(pay(gw, alice, BTC(10000)));
env(pay(gw, bob, BTC(10000)));
env(pay(gw, carol, BTC(10000)));
env(pay(gw, alice, USD(10000)));
env(pay(gw, bob, USD(10000)));
env(pay(gw, carol, USD(10000)));
env.close();
// no transfer fee on create
AMM ammAlice(env, alice, BTC(2'000), USD(5));
BEAST_EXPECT(ammAlice.expectBalances(BTC(2'000), USD(5), IOUAmount{100, 0}));
env.require(balance(alice, BTC(8000)));
env.require(balance(alice, USD(9995)));
// no transfer fee on deposit
ammAlice.deposit(carol, 100);
BEAST_EXPECT(ammAlice.expectBalances(BTC(4000), USD(10), IOUAmount{200, 0}));
env.require(balance(carol, BTC(8000)));
env.require(balance(carol, USD(9995)));
// no transfer fee on withdraw
ammAlice.withdraw(carol, 100);
BEAST_EXPECT(ammAlice.expectBalances(BTC(2'000), USD(5), IOUAmount{100, 0}));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{0, 0}));
env.require(balance(carol, BTC(10000)));
env.require(balance(carol, USD(10000)));
};
testHelper2TokensMix(test);
}
// Tiny withdraw
testAMM(
[&](AMM& ammAlice, Env&) {
// By tokens
ammAlice.withdraw(alice, IOUAmount{1, -3});
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(9'999'999'999),
STAmount{USD, UINT64_C(9'999'999999), -6},
IOUAmount{9'999'999'999, -3}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
testAMM(
[&](AMM& ammAlice, Env&) {
// Single withdraw MPT from MPT/IOU
ammAlice.withdraw(alice, std::nullopt, MPT(ammAlice[0])(1));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10000'000000), USD(10'000), IOUAmount{9'999'999'9995, -4}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
testAMM(
[&](AMM& ammAlice, Env&) {
// Single withdraw IOU from MPT/IOU
ammAlice.withdraw(alice, std::nullopt, STAmount{USD, 1, -10});
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000'000'000),
STAmount{USD, UINT64_C(9'999'9999999999), -10},
IOUAmount{9'999'999'99999995, -8}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
testAMM(
[&](AMM& ammAlice, Env&) {
// Single withdraw XRP from MPT/XRP
ammAlice.withdraw(alice, std::nullopt, XRPAmount(1));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[1])(10'000), XRP(10'000), IOUAmount{9999999'9995, -4}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Withdraw close to entire pool
// Equal by tokens
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, IOUAmount{9'999'999'999, -3});
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(1), STAmount{USD, 1, -6}, IOUAmount{1, -3}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
// USD by tokens
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, IOUAmount{9'999'999}, USD(0));
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000'000'000), STAmount{USD, 1, -10}, IOUAmount{1}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
// MPT by tokens
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, IOUAmount{9'999'900}, MPT(ammAlice[0])(0));
BEAST_EXPECT(
ammAlice.expectBalances(MPT(ammAlice[0])(1), USD(10'000), IOUAmount{100}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
// XRP by tokens
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, IOUAmount{9'999'900}, XRP(0));
BEAST_EXPECT(
ammAlice.expectBalances(MPT(ammAlice[1])(10000), XRPAmount(1), IOUAmount{100}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// USD
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, STAmount{USD, UINT64_C(9'999'99999999999), -11});
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000'000'000),
STAmount{USD, 1, -11},
IOUAmount{316227765, -9}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
// XRP
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, XRPAmount{9'999'999'999});
BEAST_EXPECT(
ammAlice.expectBalances(MPT(ammAlice[1])(10000), XRPAmount(1), IOUAmount{100}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// MPT
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, MPT(ammAlice[0])(9'999'999'999));
BEAST_EXPECT(
ammAlice.expectBalances(MPT(ammAlice[0])(1), USD(10'000), IOUAmount{100}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
testAMM(
[&](AMM& ammAlice, Env&) {
ammAlice.withdraw(alice, MPT(ammAlice[1])(9'999));
BEAST_EXPECT(
ammAlice.expectBalances(MPT(ammAlice[1])(1), XRP(10'000), IOUAmount{100000}));
},
{{XRP(10'000), AMMMPT(10'000)}});
}
void
testInvalidFeeVote()
{
testcase("Invalid Fee Vote");
using namespace jtx;
testAMM(
[&](AMM& ammAlice, Env& env) {
// Invalid Account
Account bad("bad");
env.memoize(bad);
ammAlice.vote(bad, 1'000, std::nullopt, seq(1), std::nullopt, ter(terNO_ACCOUNT));
// Invalid AMM
ammAlice.vote(
alice,
1'000,
std::nullopt,
std::nullopt,
{{MPT(ammAlice[1]), GBP}},
ter(terNO_AMM));
// Account is not LP
ammAlice.vote(
carol,
1'000,
std::nullopt,
std::nullopt,
std::nullopt,
ter(tecAMM_INVALID_TOKENS));
// Invalid asset pair
ammAlice.vote(
alice,
1'000,
std::nullopt,
std::nullopt,
{{MPT(ammAlice[1]), MPT(ammAlice[1])}},
ter(temBAD_AMM_TOKENS));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Invalid AMM
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.withdrawAll(alice);
ammAlice.vote(
alice, 1'000, std::nullopt, std::nullopt, std::nullopt, ter(terNO_AMM));
},
{{XRP(10'000), AMMMPT(10'000)}});
// MPTokenInstance object doesn't exist
{
Env env(*this);
env.fund(XRP(1'000), alice);
env(AMM::voteJv({.account = alice, .tfee = 1'000, .assets = {{XRP, MPT(alice, 0)}}}),
ter(terNO_AMM));
}
}
void
testFeeVote()
{
testcase("Fee Vote");
using namespace jtx;
// One vote sets fee to 1%.
testAMM(
[&](AMM& ammAlice, Env& env) {
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{0}));
ammAlice.vote({}, 1'000);
BEAST_EXPECT(ammAlice.expectTradingFee(1'000));
// Discounted fee is 1/10 of trading fee.
BEAST_EXPECT(ammAlice.expectAuctionSlot(100, 0, IOUAmount{0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
auto vote = [&](AMM& ammAlice,
Env& env,
int i,
std::uint32_t tokens = 10'000'000,
std::vector<Account>* accounts = nullptr) {
Account a(std::to_string(i));
ammAlice.deposit(a, tokens);
ammAlice.vote(a, 50 * (i + 1));
if (accounts)
accounts->push_back(std::move(a));
};
{
// Eight votes fill all voting slots, set fee 0.175%.
// New vote, same account, sets fee 0.225%
Env env{*this};
env.fund(XRP(30'000), gw, alice);
std::vector<Account> holders = {alice};
for (int i = 0; i <= 7; ++i)
{
Account const a(std::to_string(i));
holders.push_back(a);
env.fund(XRP(30'000), a);
}
env.close();
// create MPT and pay 30'000 to all the accounts
MPTTester const BTC({.env = env, .issuer = gw, .holders = holders, .pay = 30'000});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
for (int i = 0; i < 7; ++i)
vote(ammAlice, env, i);
BEAST_EXPECT(ammAlice.expectTradingFee(175));
Account const a("0");
ammAlice.vote(a, 450);
BEAST_EXPECT(ammAlice.expectTradingFee(225));
}
{
// Eight votes fill all voting slots, set fee 0.175%.
// New vote, new account, higher vote weight, set higher fee 0.244%
Env env{*this};
env.fund(XRP(30'000), gw, alice);
std::vector<Account> holders = {alice};
for (int i = 0; i < 8; ++i)
{
Account const a(std::to_string(i));
holders.push_back(a);
env.fund(XRP(30'000), a);
}
env.close();
MPTTester const BTC({.env = env, .issuer = gw, .holders = holders, .pay = 30'000});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
for (int i = 0; i < 7; ++i)
vote(ammAlice, env, i);
BEAST_EXPECT(ammAlice.expectTradingFee(175));
vote(ammAlice, env, 7, 20'000'000);
BEAST_EXPECT(ammAlice.expectTradingFee(244));
}
{
// Eight votes fill all voting slots, set fee 0.219%.
// New vote, new account, higher vote weight, set smaller fee 0.206%
Env env{*this};
env.fund(XRP(30'000), gw, alice);
std::vector<Account> holders = {alice};
for (int i = 0; i < 8; ++i)
{
Account const a(std::to_string(i));
holders.push_back(a);
env.fund(XRP(30'000), a);
}
env.close();
MPTTester const BTC({.env = env, .issuer = gw, .holders = holders, .pay = 30'000});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
for (int i = 7; i > 0; --i)
vote(ammAlice, env, i);
BEAST_EXPECT(ammAlice.expectTradingFee(219));
vote(ammAlice, env, 0, 20'000'000);
BEAST_EXPECT(ammAlice.expectTradingFee(206));
}
{
// Eight votes fill all voting slots. The accounts then withdraw all
// tokens. An account sets a new fee and the previous slots are
// deleted.
Env env{*this};
env.fund(XRP(30'000), gw, alice, carol);
std::vector<Account> holders = {alice, carol};
for (int i = 0; i < 7; ++i)
{
Account const a(std::to_string(i));
holders.push_back(a);
env.fund(XRP(30'000), a);
}
env.close();
MPTTester const BTC({.env = env, .issuer = gw, .holders = holders, .pay = 30'000});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
std::vector<Account> accounts;
for (int i = 0; i < 7; ++i)
vote(ammAlice, env, i, 10'000'000, &accounts);
BEAST_EXPECT(ammAlice.expectTradingFee(175));
for (int i = 0; i < 7; ++i)
ammAlice.withdrawAll(accounts[i]);
ammAlice.deposit(carol, 10'000'000);
ammAlice.vote(carol, 1'000);
// The initial LP set the fee to 1000. Carol gets 50% voting
// power, and the new fee is 500.
BEAST_EXPECT(ammAlice.expectTradingFee(500));
}
{
// Eight votes fill all voting slots. The accounts then withdraw
// some tokens. The new vote doesn't get the voting power but the
// slots are refreshed and the fee is updated.
Env env{*this};
env.fund(XRP(30'000), gw, alice, carol);
std::vector<Account> holders = {alice, carol};
for (int i = 0; i < 7; ++i)
{
Account const a(std::to_string(i));
holders.push_back(a);
env.fund(XRP(30'000), a);
}
env.close();
MPTTester const BTC({.env = env, .issuer = gw, .holders = holders, .pay = 30'000});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
std::vector<Account> accounts;
for (int i = 0; i < 7; ++i)
vote(ammAlice, env, i, 10'000'000, &accounts);
BEAST_EXPECT(ammAlice.expectTradingFee(175));
for (int i = 0; i < 7; ++i)
ammAlice.withdraw(accounts[i], 9'000'000);
ammAlice.deposit(carol, 1'000);
// The vote is not added to the slots
ammAlice.vote(carol, 1'000);
auto const info = ammAlice.ammRpcInfo()[jss::amm][jss::vote_slots];
for (auto i = 0; i < info.size(); ++i)
BEAST_EXPECT(info[i][jss::account] != carol.human());
// But the slots are refreshed and the fee is changed
BEAST_EXPECT(ammAlice.expectTradingFee(82));
}
}
void
testInvalidBid()
{
testcase("Invalid Bid");
using namespace jtx;
using namespace std::chrono;
// burn all the LPTokens through a AMMBid transaction
{
Env env(*this);
env.fund(XRP(2'000), gw, alice);
MPTTester const BTC(
{.env = env, .issuer = gw, .holders = {alice}, .pay = 2'000, .flags = MPTDEXFlags});
AMM amm(env, gw, XRP(1'000), BTC(1'000), false, 1'000);
// auction slot is owned by the creator of the AMM i.e. gw
BEAST_EXPECT(amm.expectAuctionSlot(100, 0, IOUAmount{0}));
// gw attempts to burn all her LPTokens through a bid transaction
// this transaction fails because AMMBid transaction can not burn
// all the outstanding LPTokens
env(amm.bid({
.account = gw,
.bidMin = 1'000'000,
}),
ter(tecAMM_INVALID_TOKENS));
}
// burn all the LPTokens through a AMMBid transaction
{
Env env(*this);
env.fund(XRP(2'000), gw, alice);
MPTTester const BTC(
{.env = env, .issuer = gw, .holders = {alice}, .pay = 2'000, .flags = MPTDEXFlags});
AMM amm(env, gw, XRP(1'000), BTC(1'000), false, 1'000);
// auction slot is owned by the creator of the AMM i.e. gw
BEAST_EXPECT(amm.expectAuctionSlot(100, 0, IOUAmount{0}));
// gw burns all but one of its LPTokens through a bid transaction
// this transaction succeeds because the bid price is less than
// the total outstanding LPToken balance
env(amm.bid({
.account = gw,
.bidMin = STAmount{amm.lptIssue(), UINT64_C(999'999)},
}),
ter(tesSUCCESS))
.close();
// gw must own the auction slot
BEAST_EXPECT(amm.expectAuctionSlot(100, 0, IOUAmount{999'999}));
// 999'999 tokens are burned, only 1 LPToken is owned by gw
BEAST_EXPECT(amm.expectBalances(XRP(1'000), BTC(1'000), IOUAmount{1}));
// gw owns only 1 LPToken in its balance
BEAST_EXPECT(Number{amm.getLPTokensBalance(gw)} == 1);
// gw attempts to burn the last of its LPTokens in an AMMBid
// transaction. This transaction fails because it would burn all
// the remaining LPTokens
env(amm.bid({
.account = gw,
.bidMin = 1,
}),
ter(tecAMM_INVALID_TOKENS));
}
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, 1'000'000);
// Invlaid Min/Max combination
env(ammAlice.bid({
.account = carol,
.bidMin = 200,
.bidMax = 100,
}),
ter(tecAMM_INVALID_TOKENS));
// Invalid Account
Account bad("bad");
env.memoize(bad);
env(ammAlice.bid({
.account = bad,
.bidMax = 100,
}),
seq(1),
ter(terNO_ACCOUNT));
// Account is not LP
Account const dan("dan");
env.fund(XRP(1'000), dan);
env(ammAlice.bid({
.account = dan,
.bidMin = 100,
}),
ter(tecAMM_INVALID_TOKENS));
env(ammAlice.bid({
.account = dan,
}),
ter(tecAMM_INVALID_TOKENS));
// Auth account is invalid.
env(ammAlice.bid({
.account = carol,
.bidMin = 100,
.authAccounts = {bob},
}),
ter(terNO_ACCOUNT));
// Invalid Assets
env(ammAlice.bid({
.account = alice,
.bidMax = 100,
.assets = {{MPT(ammAlice[1]), GBP}},
}),
ter(terNO_AMM));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Invalid AMM
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.withdrawAll(alice);
env(ammAlice.bid({
.account = alice,
.bidMax = 100,
}),
ter(terNO_AMM));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Bid price exceeds LP owned tokens
{
Env env(*this);
fund(env, gw, {alice, bob, carol}, XRP(1'000), {USD(30'000)}, Fund::All);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol, bob},
.pay = 30'000'000'000,
.flags = MPTDEXFlags});
AMM ammAlice(env, alice, BTC(10'000'000'000), USD(10'000));
ammAlice.deposit(carol, 1'000'000);
ammAlice.deposit(bob, 10);
env(ammAlice.bid({
.account = carol,
.bidMin = 1'000'001,
}),
ter(tecAMM_INVALID_TOKENS));
env(ammAlice.bid({
.account = carol,
.bidMax = 1'000'001,
}),
ter(tecAMM_INVALID_TOKENS));
env(ammAlice.bid({
.account = carol,
.bidMin = 1'000,
}));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{1'000}));
// Slot purchase price is more than 1000 but bob only has 10 tokens
env(ammAlice.bid({
.account = bob,
}),
ter(tecAMM_INVALID_TOKENS));
}
// Bid all tokens, still own the slot
{
Env env(*this);
env.fund(XRP(1'000), gw, alice, bob);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob},
.pay = 1'000,
.flags = MPTDEXFlags});
AMM amm(env, gw, XRP(10), BTC(1'000));
auto const lpIssue = amm.lptIssue();
env.trust(STAmount{lpIssue, 100}, alice);
env.trust(STAmount{lpIssue, 50}, bob);
env(pay(gw, alice, STAmount{lpIssue, 100}));
env(pay(gw, bob, STAmount{lpIssue, 50}));
env(amm.bid({.account = alice, .bidMin = 100}));
// Alice doesn't have any more tokens, but
// she still owns the slot.
env(amm.bid({
.account = bob,
.bidMax = 50,
}),
ter(tecAMM_FAILED));
}
}
void
testBid(FeatureBitset features)
{
testcase("Bid");
using namespace jtx;
using namespace std::chrono;
// Auction slot initially is owned by AMM creator, who pays 0 price.
// Bid 110 tokens. Pay bidMin.
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, 1'000'000);
env(ammAlice.bid({.account = carol, .bidMin = 110}));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{110}));
// 110 tokens are burned.
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{10'999'890, 0}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Bid with min/max when the pay price is less than min.
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, 1'000'000);
// Bid exactly 110. Pay 110 because the pay price is < 110.
env(ammAlice.bid({.account = carol, .bidMin = 110, .bidMax = 110}));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{110}));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{10'999'890}));
// Bid exactly 180-200. Pay 180 because the pay price is < 180.
env(ammAlice.bid({.account = alice, .bidMin = 180, .bidMax = 200}));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{180}));
BEAST_EXPECT(ammAlice.expectBalances(
XRP(11'000), MPT(ammAlice[1])(11'000), IOUAmount{10'999'814'5, -1}));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Start bid at bidMin 110.
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol, bob);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol, bob},
.pay = 30'000,
.flags = MPTDEXFlags});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
ammAlice.deposit(carol, 1'000'000);
// Bid, pay bidMin.
env(ammAlice.bid({.account = carol, .bidMin = 110}));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{110}));
ammAlice.deposit(bob, 1'000'000);
// Bid, pay the computed price.
env(ammAlice.bid({.account = bob}));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount(1155, -1)));
// Bid bidMax fails because the computed price is higher.
env(ammAlice.bid({
.account = carol,
.bidMax = 120,
}),
ter(tecAMM_FAILED));
// Bid MaxSlotPrice succeeds - pay computed price
env(ammAlice.bid({.account = carol, .bidMax = 600}));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{121'275, -3}));
// Bid Min/MaxSlotPrice fails because the computed price is not
// in range
env(ammAlice.bid({
.account = carol,
.bidMin = 10,
.bidMax = 100,
}),
ter(tecAMM_FAILED));
// Bid Min/MaxSlotPrice succeeds - pay computed price
env(ammAlice.bid({.account = carol, .bidMin = 100, .bidMax = 600}));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{127'33875, -5}));
}
// Slot states.
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol, bob);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol, bob},
.pay = 30'000,
.flags = MPTDEXFlags});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'000));
ammAlice.deposit(carol, 1'000'000);
ammAlice.deposit(bob, 1'000'000);
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount(12'000'000001), BTC(12'001), IOUAmount{12'000'000, 0}));
// Initial state. Pay bidMin.
env(ammAlice.bid({.account = carol, .bidMin = 110})).close();
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{110}));
// 1st Interval after close, price for 0th interval.
env(ammAlice.bid({.account = bob}));
env.close(seconds(AUCTION_SLOT_INTERVAL_DURATION + 1));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 1, IOUAmount{1'155, -1}));
// 10th Interval after close, price for 1st interval.
env(ammAlice.bid({.account = carol}));
env.close(seconds((10 * AUCTION_SLOT_INTERVAL_DURATION) + 1));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 10, IOUAmount{121'275, -3}));
// 20th Interval (expired) after close, price for 10th interval.
env(ammAlice.bid({.account = bob}));
env.close(seconds((AUCTION_SLOT_TIME_INTERVALS * AUCTION_SLOT_INTERVAL_DURATION) + 1));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, std::nullopt, IOUAmount{127'33875, -5}));
// 0 Interval.
env(ammAlice.bid({.account = carol, .bidMin = 110})).close();
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, std::nullopt, IOUAmount{110}));
// ~321.09 tokens burnt on bidding fees.
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount(12'000'000001), BTC(12'001), IOUAmount{11'999'678'91000001, -8}));
}
// Pool's fee 1%. Bid bidMin.
// Auction slot owner and auth account trade at discounted fee -
// 1/10 of the trading fee.
// Other accounts trade at 1% fee.
{
Env env(*this);
Account const dan("dan");
Account const ed("ed");
env.fund(XRP(2'000), gw, alice, bob, carol, dan, ed);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, dan, ed},
.pay = 30'000'000'000});
fund(env, gw, {alice, carol}, {USD(30'000)}, Fund::TokenOnly);
fund(env, gw, {bob, dan, ed}, {USD(20'000)}, Fund::TokenOnly);
AMM ammAlice(env, alice, BTC(10'000'000'000), USD(10'000), CreateArg{.tfee = 1'000});
ammAlice.deposit(bob, 1'000'000);
ammAlice.deposit(ed, 1'000'000);
ammAlice.deposit(carol, 500'000);
ammAlice.deposit(dan, 500'000);
auto ammTokens = ammAlice.getLPTokensBalance();
env(ammAlice.bid({
.account = carol,
.bidMin = 120,
.authAccounts = {bob, ed},
}));
auto const slotPrice = IOUAmount{5'200};
ammTokens -= slotPrice;
BEAST_EXPECT(ammAlice.expectAuctionSlot(100, 0, slotPrice));
BEAST_EXPECT(ammAlice.expectBalances(BTC(13'000'000'003), USD(13'000), ammTokens));
// Discounted trade
for (int i = 0; i < 10; ++i)
{
auto tokens = ammAlice.deposit(carol, USD(100));
ammAlice.withdraw(carol, tokens, USD(0));
tokens = ammAlice.deposit(bob, USD(100));
ammAlice.withdraw(bob, tokens, USD(0));
tokens = ammAlice.deposit(ed, USD(100));
ammAlice.withdraw(ed, tokens, USD(0));
}
// carol, bob, and ed pay ~0.99USD in fees.
BEAST_EXPECT(
env.balance(carol, USD) == STAmount(USD, UINT64_C(29'499'00572620545), -11));
BEAST_EXPECT(env.balance(bob, USD) == STAmount(USD, UINT64_C(18'999'00572616195), -11));
BEAST_EXPECT(env.balance(ed, USD) == STAmount(USD, UINT64_C(18'999'00572611841), -11));
// USD pool is slightly higher because of the fees.
BEAST_EXPECT(ammAlice.expectBalances(
BTC(13'000'000'003), STAmount(USD, UINT64_C(13'002'98282151419), -11), ammTokens));
ammTokens = ammAlice.getLPTokensBalance();
// Trade with the fee
for (int i = 0; i < 10; ++i)
{
auto const tokens = ammAlice.deposit(dan, USD(100));
ammAlice.withdraw(dan, tokens, USD(0));
}
// dan pays ~9.94USD, which is ~10 times more in fees than
// carol, bob, ed. the discounted fee is 10 times less
// than the trading fee.
BEAST_EXPECT(env.balance(dan, USD) == STAmount(USD, UINT64_C(19'490'05672274398), -11));
// USD pool gains more in dan's fees.
BEAST_EXPECT(ammAlice.expectBalances(
BTC(13'000'000'003), STAmount{USD, UINT64_C(13'012'92609877021), -11}, ammTokens));
// Discounted fee payment
ammAlice.deposit(carol, USD(100));
ammTokens = ammAlice.getLPTokensBalance();
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(13'000'000'003),
STAmount{USD, UINT64_C(13'112'92609877019), -11},
ammTokens));
env(pay(carol, bob, USD(100)), path(~USD), sendmax(BTC(110'000'000)));
env.close();
// carol pays 100000 drops in fees
// 99900668MPT swapped in for 100USD
BEAST_EXPECT(ammAlice.expectBalances(
BTC(13'100'000'671), STAmount{USD, UINT64_C(13'012'92609877019), -11}, ammTokens));
// Payment with the trading fee
env(pay(alice, carol, BTC(100'000'000)), path(~MPT(ammAlice[0])), sendmax(USD(110)));
env.close();
// alice pays ~1.011USD in fees, which is ~10 times more
// than carol's fee
// 100.099431529USD swapped in for 100MPT
BEAST_EXPECT(ammAlice.expectBalances(
BTC(13'000'000'671), STAmount{USD, UINT64_C(13'114'03663044931), -11}, ammTokens));
// Auction slot expired, no discounted fee
env.close(seconds(TOTAL_TIME_SLOT_SECS + 1));
// clock is parent's based
env.close();
BEAST_EXPECT(
env.balance(carol, USD) == STAmount(USD, UINT64_C(29'399'00572620547), -11));
ammTokens = ammAlice.getLPTokensBalance();
for (int i = 0; i < 10; ++i)
{
auto const tokens = ammAlice.deposit(carol, USD(100));
ammAlice.withdraw(carol, tokens, USD(0));
}
// carol pays ~9.94USD in fees, which is ~10 times more in
// trading fees vs discounted fee.
BEAST_EXPECT(
env.balance(carol, USD) == STAmount(USD, UINT64_C(29'389'06197177122), -11));
BEAST_EXPECT(ammAlice.expectBalances(
BTC(13'000'000'671), STAmount{USD, UINT64_C(13'123'98038488356), -11}, ammTokens));
env(pay(carol, bob, USD(100)), path(~USD), sendmax(BTC(110'000'000)));
env.close();
// carol pays ~1.008MPT in trading fee, which is
// ~10 times more than the discounted fee.
// 99.815876MPT is swapped in for 100USD
BEAST_EXPECT(ammAlice.expectBalances(
BTC(13'100'824'793), STAmount{USD, UINT64_C(13'023'98038488356), -11}, ammTokens));
}
// Bid tiny amount
testAMM(
[&](AMM& ammAlice, Env& env) {
// Bid a tiny amount
auto const tiny = Number{STAmount::cMinValue, STAmount::cMinOffset};
env(ammAlice.bid({.account = alice, .bidMin = IOUAmount{tiny}}));
// Auction slot purchase price is equal to the tiny amount
// since the minSlotPrice is 0 with no trading fee.
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{tiny}));
// The purchase price is too small to affect the total tokens
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000'000'000), USD(10'000), ammAlice.tokens()));
// Bid the tiny amount
env(ammAlice.bid({
.account = alice,
.bidMin = IOUAmount{STAmount::cMinValue, STAmount::cMinOffset},
}));
// Pay slightly higher price
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{tiny * Number{105, -2}}));
// The purchase price is still too small to affect the total
// tokens
BEAST_EXPECT(ammAlice.expectBalances(
MPT(ammAlice[0])(10'000'000'000), USD(10'000), ammAlice.tokens()));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
// Reset auth account
testAMM(
[&](AMM& ammAlice, Env& env) {
env(ammAlice.bid({
.account = alice,
.bidMin = IOUAmount{100},
.authAccounts = {carol},
}));
BEAST_EXPECT(ammAlice.expectAuctionSlot({carol}));
env(ammAlice.bid({.account = alice, .bidMin = IOUAmount{100}}));
BEAST_EXPECT(ammAlice.expectAuctionSlot({}));
Account bob("bob");
Account dan("dan");
fund(env, {bob, dan}, XRP(1'000));
env(ammAlice.bid({
.account = alice,
.bidMin = IOUAmount{100},
.authAccounts = {bob, dan},
}));
BEAST_EXPECT(ammAlice.expectAuctionSlot({bob, dan}));
},
{{AMMMPT(10'000'000'000), USD(10'000)}});
// Bid all tokens, still own the slot and trade at a discount
{
Env env(*this);
env.fund(XRP(2'000), gw, alice, bob);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob},
.pay = 2'000'000'000,
.flags = MPTDEXFlags});
fund(env, gw, {alice, bob}, {USD(2'000)}, Fund::TokenOnly);
AMM amm(env, gw, BTC(1'000'000'000), USD(1'010), false, 1'000);
auto const lpIssue = amm.lptIssue();
env.trust(STAmount{lpIssue, 500}, alice);
env.trust(STAmount{lpIssue, 50}, bob);
env(pay(gw, alice, STAmount{lpIssue, 500}));
env(pay(gw, bob, STAmount{lpIssue, 50}));
// Alice doesn't have anymore lp tokens
env(amm.bid({.account = alice, .bidMin = 500}));
BEAST_EXPECT(amm.expectAuctionSlot(100, 0, IOUAmount{500}));
BEAST_EXPECT(expectHolding(env, alice, STAmount{lpIssue, 0}));
// But trades with the discounted fee since she still owns the slot.
// Alice pays ~10011 MPT in fees
env(pay(alice, bob, USD(10)), path(~USD), sendmax(BTC(11'000'000)));
BEAST_EXPECT(amm.expectBalances(
BTC(1'010'010'011), USD(1'000), IOUAmount{1'004'487'562112089, -9}));
// Bob pays the full fee ~0.1USD
env(pay(bob, alice, BTC(10'000'000)), path(~MPT(BTC)), sendmax(USD(11)));
BEAST_EXPECT(amm.expectBalances(
BTC(1'000'010'011),
STAmount{USD, UINT64_C(1'010'10090898081), -11},
IOUAmount{1'004'487'562112089, -9}));
}
// preflight tests
{
Env env(*this, features);
env.fund(XRP(2'000), gw, alice, bob);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob},
.pay = 2'000,
.flags = MPTDEXFlags});
AMM amm(env, gw, XRP(1'000), BTC(1'010), false, 1'000);
Json::Value const tx = amm.bid({.account = alice, .bidMin = 500});
{
auto jtx = env.jt(tx, seq(1), fee(10));
env.app().config().features.erase(featureMPTokensV2);
PreflightContext const pfctx(
env.app(), *jtx.stx, env.current()->rules(), tapNONE, env.journal);
auto pf = AMMBid::checkExtraFeatures(pfctx);
BEAST_EXPECT(pf == false);
env.app().config().features.insert(featureMPTokensV2);
}
{
auto jtx = env.jt(tx, seq(1), fee(10));
jtx.jv["Asset2"]["currency"] = "XRP";
jtx.jv["Asset2"].removeMember("mpt_issuance_id");
jtx.stx = env.ust(jtx);
PreflightContext const pfctx(
env.app(), *jtx.stx, env.current()->rules(), tapNONE, env.journal);
auto pf = AMMBid::preflight(pfctx);
BEAST_EXPECT(pf == temBAD_AMM_TOKENS);
}
}
}
void
testClawback()
{
testcase("Clawback");
using namespace jtx;
Env env(*this);
env.fund(XRP(2'000), gw, alice);
MPT const BTC = MPTTester(
{.env = env, .issuer = gw, .holders = {alice}, .transferFee = 1'500, .pay = 40'000});
// alice creates AMM
AMM const amm(env, alice, XRP(1'000), BTC(1'000));
// gw owns MPTIssuance, not allowed to set asfAllowTrustLineClawback
env(fset(gw, asfAllowTrustLineClawback), ter(tecOWNERS));
}
void
testClawbackFromAMMAccount(FeatureBitset features)
{
testcase("test clawback from AMM account");
using namespace jtx;
Env env(*this, features);
env.fund(XRP(1'000), gw);
env(fset(gw, asfAllowTrustLineClawback));
fund(env, gw, {alice}, XRP(1'000), {USD(1'000)}, Fund::Acct);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
// to clawback from AMM account, must use AMMClawback instead of
// Clawback
auto const err = features[featureSingleAssetVault] ? tecPSEUDO_ACCOUNT : tecAMM_ACCOUNT;
AMM const amm(env, gw, XRP(100), BTC(100));
auto amount = amountFromString(amm.lptIssue(), "10");
env(claw(gw, amount), ter(err));
AMM const amm1(env, alice, USD(100), BTC(200));
auto amount1 = amountFromString(amm1.lptIssue(), "10");
env(claw(gw, amount1), ter(err));
}
void
testInvalidAMMPayment()
{
testcase("Invalid AMM Payment");
using namespace jtx;
using namespace jtx::paychan;
using namespace std::chrono;
using namespace std::literals::chrono_literals;
// Can't pay into AMM account.
// Can't pay out since there is no keys
for (auto const& acct : {gw, alice})
{
{
Env env(*this);
fund(env, gw, {alice, carol}, XRP(1'000));
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 100,
.flags = MPTDEXFlags});
// XRP balance is below reserve
AMM const ammAlice(env, acct, XRP(10), BTC(10));
// Pay below reserve
env(pay(carol, ammAlice.ammAccount(), XRP(10)), ter(tecNO_PERMISSION));
// Pay above reserve
env(pay(carol, ammAlice.ammAccount(), XRP(300)), ter(tecNO_PERMISSION));
// Pay MPT
env(pay(carol, ammAlice.ammAccount(), BTC(10)), ter(tecNO_PERMISSION));
}
{
Env env(*this);
fund(env, gw, {alice, carol}, XRP(10'000'000));
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 20'000,
.flags = MPTDEXFlags});
// XRP balance is above reserve
AMM const ammAlice(env, acct, XRP(1'000'000), BTC(10'000));
// Pay below reserve
env(pay(carol, ammAlice.ammAccount(), XRP(10)), ter(tecNO_PERMISSION));
// Pay above reserve
env(pay(carol, ammAlice.ammAccount(), XRP(1'000'000)), ter(tecNO_PERMISSION));
// Pay MPT
env(pay(carol, ammAlice.ammAccount(), BTC(1'000)), ter(tecNO_PERMISSION));
}
}
// Can't pay into AMM with escrow.
testAMM(
[&](AMM& ammAlice, Env& env) {
env(escrow::create(carol, ammAlice.ammAccount(), MPT(ammAlice[1])(1)),
escrow::condition(escrow::cb1),
escrow::finish_time(env.now() + 1s),
escrow::cancel_time(env.now() + 2s),
fee(1'500),
ter(tecNO_PERMISSION));
env(escrow::create(carol, ammAlice.ammAccount(), XRP(1)),
escrow::condition(escrow::cb1),
escrow::finish_time(env.now() + 1s),
escrow::cancel_time(env.now() + 2s),
fee(1'500),
ter(tecNO_PERMISSION));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Can't pay into AMM with paychan.
testAMM(
[&](AMM& ammAlice, Env& env) {
auto const pk = carol.pk();
auto const settleDelay = 10s;
NetClock::time_point const cancelAfter =
env.current()->header().parentCloseTime + 20s;
env(create(
carol,
ammAlice.ammAccount(),
MPT(ammAlice[1])(1'000),
settleDelay,
pk,
cancelAfter),
ter(telENV_RPC_FAILED));
env(create(carol, ammAlice.ammAccount(), XRP(1'000), settleDelay, pk, cancelAfter),
ter(tecNO_PERMISSION));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Can't pay into AMM with checks.
testAMM(
[&](AMM& ammAlice, Env& env) {
env(check::create(env.master.id(), ammAlice.ammAccount(), XRP(100)),
ter(tecNO_PERMISSION));
env(check::create(env.master.id(), ammAlice.ammAccount(), MPT(ammAlice[1])(100)),
ter(tecNO_PERMISSION));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Pay amounts close to one side of the pool
testAMM(
[&](AMM& ammAlice, Env& env) {
auto const& BTC = MPT(ammAlice[1]);
// Can't consume whole pool
env(pay(alice, carol, USD(100)),
path(~USD),
sendmax(BTC(1'000'000'000)),
ter(tecPATH_PARTIAL));
env(pay(alice, carol, BTC(100'000'000)),
path(~BTC),
sendmax(USD(1'000'000'000)),
ter(tecPATH_PARTIAL));
// Overflow
env(pay(alice, carol, STAmount{USD, UINT64_C(99'999999999), -9}),
path(~USD),
sendmax(BTC(1'000'000'000)),
ter(tecPATH_PARTIAL));
env(pay(alice, carol, STAmount{USD, UINT64_C(999'99999999), -8}),
path(~USD),
sendmax(BTC(1'000'000'000)),
ter(tecPATH_PARTIAL));
env(pay(alice, carol, BTC(99'999'999)),
path(~BTC),
sendmax(USD(1'000'000'000)),
ter(tecPATH_PARTIAL));
// Sender doesn't have enough funds
env(pay(alice, carol, USD(99.99)),
path(~USD),
sendmax(BTC(1'000'000'000)),
ter(tecPATH_PARTIAL));
env(pay(alice, carol, BTC(99'990'000)),
path(~BTC),
sendmax(USD(1'000'000'000)),
ter(tecPATH_PARTIAL));
},
{{USD(100), AMMMPT(100'000'000)}});
// Globally locked MPT.
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM const ammAlice(env, alice, XRP(10'000), BTC(10'000));
BTC.set({.flags = tfMPTLock});
env(pay(alice, carol, BTC(1)),
path(~static_cast<MPT>(BTC)),
txflags(tfPartialPayment | tfNoRippleDirect),
sendmax(XRP(10)),
ter(tecPATH_DRY));
env(pay(alice, carol, XRP(1)),
path(~XRP),
txflags(tfPartialPayment | tfNoRippleDirect),
sendmax(BTC(10)),
ter(tecPATH_DRY));
}
// Individually locked MPT destination account.
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM const ammAlice(env, alice, XRP(10'000), BTC(10'000));
BTC.set({.holder = carol, .flags = tfMPTLock});
env(pay(alice, carol, BTC(1)),
path(~static_cast<MPT>(BTC)),
txflags(tfPartialPayment | tfNoRippleDirect),
sendmax(XRP(10)),
ter(tecPATH_DRY));
}
// Individually locked MPT source account
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM const ammAlice(env, alice, XRP(10'000), BTC(10'000));
BTC.set({.holder = alice, .flags = tfMPTLock});
env(pay(alice, carol, XRP(1)),
path(~XRP),
txflags(tfPartialPayment | tfNoRippleDirect),
sendmax(BTC(10)),
ter(tecPATH_DRY));
}
// lock on both sides
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
MPTTester ETH(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM const ammAlice(env, alice, ETH(10'000), BTC(10'000));
BTC.set({.holder = carol, .flags = tfMPTLock});
BTC.set({.holder = alice, .flags = tfMPTLock});
ETH.set({.holder = carol, .flags = tfMPTLock});
ETH.set({.holder = alice, .flags = tfMPTLock});
env(pay(alice, carol, ETH(1)),
path(~MPT(ETH)),
txflags(tfPartialPayment | tfNoRippleDirect),
sendmax(BTC(10)),
ter(tecPATH_DRY));
env(pay(alice, carol, BTC(1)),
path(~MPT(BTC)),
txflags(tfPartialPayment | tfNoRippleDirect),
sendmax(ETH(10)),
ter(tecPATH_DRY));
}
// Individually locked AMM MPT
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM const ammAlice(env, alice, XRP(10'000), BTC(10'000));
BTC.set({.holder = ammAlice.ammAccount(), .flags = tfMPTLock});
env(pay(alice, carol, XRP(1)),
path(~XRP),
txflags(tfPartialPayment | tfNoRippleDirect),
sendmax(BTC(10)),
ter(tecPATH_DRY));
}
}
void
testBasicPaymentEngine()
{
testcase("Basic Payment");
using namespace jtx;
// Payment 100MPT for 100XRP.
// Force one path with tfNoRippleDirect.
testAMM(
[&](AMM& ammAlice, Env& env) {
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
env.fund(XRP(30'000), bob);
env.close();
env(pay(bob, carol, MPT(ammAlice[1])(100)),
path(~MPT(ammAlice[1])),
sendmax(XRP(100)),
txflags(tfNoRippleDirect));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'100), MPT(ammAlice[1])(10'000), ammAlice.tokens()));
// Initial balance + 100
env.require(balance(carol, carolMPT + MPT(ammAlice[1])(100)));
// Initial balance 30,000 - 100(sendmax) - 10(tx fee)
BEAST_EXPECT(
expectLedgerEntryRoot(env, bob, XRP(30'000) - XRP(100) - txfee(env, 1)));
},
{{XRP(10'000), AMMMPT(10'100)}});
// Payment 100IOU/MPT for 100IOU/MPT. Test IOU/MPT mix.
// Force one path with tfNoRippleDirect.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, bob, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, bob, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, bob, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10100));
auto carolBTC = env.balance(carol, BTC);
auto bobUSD = env.balance(bob, USD);
env(pay(bob, carol, BTC(100)),
path(~BTC),
sendmax(USD(100)),
txflags(tfNoRippleDirect | tfPartialPayment));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(USD(10'100), BTC(10'000), ammAlice.tokens()));
env.require(balance(carol, carolBTC + BTC(100)));
env.require(balance(bob, bobUSD - USD(100)));
};
testHelper2TokensMix(test);
}
// Payment 100MPT for 100XRP, use default path.
testAMM(
[&](AMM& ammAlice, Env& env) {
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
env.fund(XRP(30'000), bob);
env.close();
env(pay(bob, carol, MPT(ammAlice[1])(100)), sendmax(XRP(100)));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'100), MPT(ammAlice[1])(10'000), ammAlice.tokens()));
// Initial balance + 100
env.require(balance(carol, carolMPT + MPT(ammAlice[1])(100)));
// Initial balance 30,000 - 100(sendmax) - 10(tx fee)
BEAST_EXPECT(
expectLedgerEntryRoot(env, bob, XRP(30'000) - XRP(100) - txfee(env, 1)));
},
{{XRP(10'000), AMMMPT(10'100)}});
// Payment 100IOU/MPT for 100IOU/MPT using default path.
// Test IOU/MPT mix.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, bob, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, bob, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, bob, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10100));
auto carolBTC = env.balance(carol, BTC);
auto bobUSD = env.balance(bob, USD);
env(pay(bob, carol, BTC(100)), sendmax(USD(100)));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(USD(10'100), BTC(10'000), ammAlice.tokens()));
env.require(balance(carol, carolBTC + BTC(100)));
env.require(balance(bob, bobUSD - USD(100)));
};
testHelper2TokensMix(test);
}
// This payment is identical to above. While it has
// both default path and path, activeStrands has one path.
testAMM(
[&](AMM& ammAlice, Env& env) {
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
env.fund(XRP(30'000), bob);
env.close();
env(pay(bob, carol, MPT(ammAlice[1])(100)),
path(~MPT(ammAlice[1])),
sendmax(XRP(100)));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'100), MPT(ammAlice[1])(10'000), ammAlice.tokens()));
// Initial balance + 100
env.require(balance(carol, carolMPT + MPT(ammAlice[1])(100)));
// Initial balance 30,000 - 100(sendmax) - 10(tx fee)
BEAST_EXPECT(
expectLedgerEntryRoot(env, bob, XRP(30'000) - XRP(100) - txfee(env, 1)));
},
{{XRP(10'000), AMMMPT(10'100)}});
// Test MPT/IOU combination for the case above.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, bob, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, bob, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, bob, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10100));
auto carolBTC = env.balance(carol, BTC);
auto bobUSD = env.balance(bob, USD);
env(pay(bob, carol, BTC(100)), path(~BTC), sendmax(USD(100)));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(USD(10'100), BTC(10'000), ammAlice.tokens()));
env.require(balance(carol, carolBTC + BTC(100)));
env.require(balance(bob, bobUSD - USD(100)));
};
testHelper2TokensMix(test);
}
// Payment with limitQuality set.
testAMM(
[&](AMM& ammAlice, Env& env) {
auto carolMPT = env.balance(carol, MPT(ammAlice[1]));
env.fund(jtx::XRP(30'000), bob);
env.close();
// Pays 10MPT for 10XRP. A larger payment of ~99.11MPT/100XRP
// would have been sent has it not been for limitQuality.
env(pay(bob, carol, MPT(ammAlice[1])(100)),
path(~MPT(ammAlice[1])),
sendmax(XRP(100)),
txflags(tfNoRippleDirect | tfPartialPayment | tfLimitQuality));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'010), MPT(ammAlice[1])(10'000), ammAlice.tokens()));
// Initial balance + 10(limited by limitQuality)
env.require(balance(carol, carolMPT + MPT(ammAlice[1])(10)));
// Initial balance 30,000 - 10(limited by limitQuality) - 10(tx
// fee)
BEAST_EXPECT(
expectLedgerEntryRoot(env, bob, XRP(30'000) - XRP(10) - txfee(env, 1)));
// Fails because of limitQuality. Would have sent
// ~98.91MPT/110XRP has it not been for limitQuality.
env(pay(bob, carol, MPT(ammAlice[1])(100)),
path(~MPT(ammAlice[1])),
sendmax(XRP(100)),
txflags(tfNoRippleDirect | tfPartialPayment | tfLimitQuality),
ter(tecPATH_DRY));
env.close();
},
{{XRP(10'000), AMMMPT(10'010)}});
// Payment with limitQuality set. MPT/IOU combination.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, bob, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, bob, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, bob, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10010));
auto carolBTC = env.balance(carol, BTC);
auto bobUSD = env.balance(bob, USD);
env(pay(bob, carol, BTC(100)),
path(~BTC),
sendmax(USD(100)),
txflags(tfNoRippleDirect | tfPartialPayment | tfLimitQuality));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(USD(10'010), BTC(10'000), ammAlice.tokens()));
env.require(balance(carol, carolBTC + BTC(10)));
env.require(balance(bob, bobUSD - USD(10)));
env(pay(bob, carol, BTC(100)),
path(~BTC),
sendmax(USD(100)),
txflags(tfNoRippleDirect | tfPartialPayment | tfLimitQuality),
ter(tecPATH_DRY));
env.close();
};
testHelper2TokensMix(test);
}
// Payment with limitQuality and transfer fee set.
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, bob, carol);
env.close();
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.transferFee = 10'000,
.pay = 30'000'000'000'000'000,
.flags = MPTDEXFlags});
auto ammAlice = AMM(env, alice, XRP(10'000), BTC(10'010'000'000'000'000));
env.close();
auto carolMPT = env.balance(carol, MPT(BTC));
// Pays 10'000'000'000'000MPT for 10XRP. A larger payment of
// ~99'110'000'000'000MPT/100XRP would have been sent has it not
// been for limitQuality and the transfer fee.
env(pay(bob, carol, BTC(100'000'000'000'000)),
path(~MPT(BTC)),
sendmax(XRP(110)),
txflags(tfNoRippleDirect | tfPartialPayment | tfLimitQuality));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'010), BTC(10'000'000'000'000'000), ammAlice.tokens()));
// 10'000'000'000'000MPT - 10% transfer fee
env.require(balance(carol, carolMPT + BTC(9'090'909'090'909)));
BEAST_EXPECT(expectLedgerEntryRoot(env, bob, XRP(30'000) - XRP(10) - txfee(env, 1)));
}
// Payment with limitQuality and transfer fee set. MPT/IOU combination.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, bob, carol, gw);
env.close();
auto const USD = issue1({
.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000
//.transferFee = 10'000
});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 300'000'000'000'000'000,
.transferFee = 10'000});
env(pay(gw, alice, BTC(30'000'000'000'000'000)));
env(pay(gw, bob, BTC(30'000'000'000'000'000)));
env(pay(gw, carol, BTC(30'000'000'000'000'000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, bob, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10'000), BTC(10'010'000'000'000'000));
auto carolBTC = env.balance(carol, BTC);
auto bobUSD = env.balance(bob, USD);
env(pay(bob, carol, BTC(100'000'000'000'000)),
path(~BTC),
sendmax(USD(110)),
txflags(tfNoRippleDirect | tfPartialPayment | tfLimitQuality));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(
USD(10'010), BTC(10'000'000'000'000'000), ammAlice.tokens()));
env.require(balance(carol, carolBTC + BTC(9'090'909'090'909)));
env.require(balance(bob, bobUSD - USD(10)));
};
testHelper2TokensMix(test);
}
// Fail when partial payment is not set.
testAMM(
[&](AMM& ammAlice, Env& env) {
env.fund(jtx::XRP(30'000), bob);
env.close();
env(pay(bob, carol, MPT(ammAlice[1])(100)),
path(~MPT(ammAlice[1])),
sendmax(XRP(100)),
txflags(tfNoRippleDirect),
ter(tecPATH_PARTIAL));
},
{{XRP(10'000), AMMMPT(10'000)}});
// Fail when partial payment is not set. MPT/IOU combination.
{
auto test = [&](auto&& issue1, auto&& issue2) {
Env env(*this);
env.fund(XRP(30'000), alice, bob, carol, gw);
env.close();
auto const USD = issue1(
{.env = env,
.token = "USD",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
auto const BTC = issue2(
{.env = env,
.token = "BTC",
.issuer = gw,
.holders = {alice, bob, carol},
.limit = 1'000'000});
env(pay(gw, alice, BTC(50000)));
env(pay(gw, bob, BTC(50000)));
env(pay(gw, carol, BTC(50000)));
env(pay(gw, alice, USD(50000)));
env(pay(gw, bob, USD(50000)));
env(pay(gw, carol, USD(50000)));
env.close();
auto ammAlice = AMM(env, alice, USD(10000), BTC(10000));
env(pay(bob, carol, BTC(100)),
path(~BTC),
sendmax(USD(100)),
txflags(tfNoRippleDirect),
ter(tecPATH_PARTIAL));
};
testHelper2TokensMix(test);
}
// Non-default path (with AMM) has a better quality than default path.
// The max possible liquidity is taken out of non-default
// path ~29.9e14XRP/29.9e14ETH, ~29.9e14ETH/~29.99e14btc. The rest
// is taken from the offer.
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 3'000'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 3'000'000'000'000'000'000,
.flags = MPTDEXFlags});
env.fund(XRP(1'000), bob);
env.close();
auto ammETH_XRP = AMM(env, alice, XRP(10'000), ETH(1'000'000'000'000'000'000));
auto ammBTC_ETH =
AMM(env, alice, ETH(1'000'000'000'000'000'000), BTC(1'000'000'000'000'000'000));
env(offer(alice, XRP(101), BTC(10'000'000'000'000'000)), txflags(tfPassive));
env.close();
env(pay(bob, carol, BTC(10'000'000'000'000'000)),
path(~MPT(ETH), ~MPT(BTC)),
sendmax(XRP(102)),
txflags(tfPartialPayment));
env.close();
BEAST_EXPECT(ammETH_XRP.expectBalances(
XRPAmount(10'030'082'730), ETH(9'970'00749812546872), ammETH_XRP.tokens()));
BEAST_EXPECT(ammBTC_ETH.expectBalances(
BTC(9'970'09727766213961), ETH(10'029'99250187453128), ammBTC_ETH.tokens()));
Amounts const expectedAmounts = Amounts{XRPAmount(30'201'749), BTC(29'90272233786039)};
BEAST_EXPECT(expectOffers(env, alice, 1, {{expectedAmounts}}));
// Initial (30,000 + 100)e14
env.require(balance(carol, BTC(3'010'000'000'000'000'000)));
// Initial 1,000 - 30082730(AMM pool) - 70798251(offer) - 10(tx fee)
BEAST_EXPECT(expectLedgerEntryRoot(
env,
bob,
XRP(1'000) - XRPAmount{30'082'730} - XRPAmount{70'798'251} - txfee(env, 1)));
}
// Default path (with AMM) has a better quality than a
// non-default path.
// The max possible liquidity is taken out of default
// path ~49XRP/49e14BTC. The rest is taken from the offer.
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 3'000'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 1'000'000'000'000'000'000,
.flags = MPTDEXFlags});
auto ammAlice = AMM(env, alice, XRP(10'000), BTC(1'000'000'000'000'000'000));
env.fund(XRP(1'000), bob);
env.close();
env(offer(alice, XRP(101), ETH(10'000'000'000'000'000)), txflags(tfPassive));
env.close();
env(offer(alice, ETH(10'000'000'000'000'000), BTC(10'000'000'000'000'000)),
txflags(tfPassive));
env.close();
env(pay(bob, carol, BTC(10'000'000'000'000'000)),
path(~MPT(ETH), ~MPT(BTC)),
sendmax(XRP(102)),
txflags(tfPartialPayment));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount(10'050'238'637), BTC(9'950'01249687578120), ammAlice.tokens()));
BEAST_EXPECT(expectOffers(
env,
alice,
2,
{{Amounts{XRPAmount(50'487'378), ETH(49'98750312421880)},
Amounts{ETH(49'98750312421880), BTC(49'98750312421880)}}}));
// Initial (30,000 + 100)e14
env.require(balance(carol, BTC(30'100'00000000000000)));
// Initial 1,000 - 50238637(AMM pool) - 50512622(offer) - 10(tx
// fee)
BEAST_EXPECT(expectLedgerEntryRoot(
env,
bob,
XRP(1'000) - XRPAmount{50'238'637} - XRPAmount{50'512'622} - txfee(env, 1)));
}
// Default path with AMM and Order Book offer. AMM is consumed first,
// remaining amount is consumed by the offer.
{
Env env(*this);
fund(env, gw, {alice, bob, carol}, XRP(30'000));
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 30'000'000'000'000'000,
.flags = MPTDEXFlags});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'100'000'000'000'000));
env(offer(bob, XRP(100), MPT(ammAlice[1])(100'000'000'000'000)), txflags(tfPassive));
env.close();
env(pay(alice, carol, MPT(ammAlice[1])(200'000'000'000'000)),
sendmax(XRP(200)),
txflags(tfPartialPayment));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'100), MPT(ammAlice[1])(10'000'000000000001), ammAlice.tokens()));
env.require(balance(carol, MPT(ammAlice[1])(30'199'999999999999)));
// Initial 30,000 - 10000(AMM pool LP) - 100(AMMoffer) -
// - 100(offer) - 10(tx fee) - 10(tx fee of MPTTester init as
// holder) - one reserve
BEAST_EXPECT(expectLedgerEntryRoot(
env,
alice,
XRP(30'000) - XRP(10'000) - XRP(100) - XRP(100) - ammCrtFee(env) -
2 * txfee(env, 1)));
BEAST_EXPECT(expectOffers(env, bob, 0));
}
// Default path with AMM and Order Book offer.
// Order Book offer is consumed first.
// Remaining amount is consumed by AMM.
{
Env env(*this);
fund(env, gw, {alice, bob, carol}, XRP(20'000));
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 2'000,
.flags = MPTDEXFlags});
env(offer(bob, XRP(50), BTC(150)), txflags(tfPassive));
env.close();
AMM const ammAlice(env, alice, XRP(1'000), BTC(1'050));
env(pay(alice, carol, BTC(200)), sendmax(XRP(200)), txflags(tfPartialPayment));
BEAST_EXPECT(ammAlice.expectBalances(XRP(1'050), BTC(1'000), ammAlice.tokens()));
env.require(balance(carol, BTC(2'200)));
BEAST_EXPECT(expectOffers(env, bob, 0));
}
// Offer crossing XRP/MPT
{
Env env(*this);
fund(env, gw, {alice, bob, carol}, XRP(30'000));
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 30'000,
.flags = MPTDEXFlags});
AMM ammAlice(env, alice, XRP(10'000), BTC(10'100));
env(offer(bob, MPT(ammAlice[1])(100), XRP(100)));
env.close();
BEAST_EXPECT(
ammAlice.expectBalances(XRP(10'100), MPT(ammAlice[1])(10'000), ammAlice.tokens()));
// Initial 30,000 + 100
env.require(balance(bob, MPT(ammAlice[1])(30'100)));
// Initial 30,000 - 100(offer) - 10(tx fee) - 1(tx fee for MPTTester
// holder)
BEAST_EXPECT(
expectLedgerEntryRoot(env, bob, XRP(30'000) - XRP(100) - 2 * txfee(env, 1)));
BEAST_EXPECT(expectOffers(env, bob, 0));
}
// Offer crossing MPT/MPT and transfer rate
// Single path AMM offer
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.transferFee = 25'000,
.pay = 30'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.transferFee = 25'000,
.pay = 30'000'000'000'000'000,
.flags = MPTDEXFlags});
AMM const ammAlice(env, alice, BTC(1'000'000'000'000'000), ETH(1'100'000'000'000'000));
// This offer succeeds to cross pre- and post-amendment
// because the strand's out amount is small enough to match
// limitQuality value and limitOut() function in StrandFlow
// doesn't require an adjustment to out value.
env(offer(carol, ETH(100'000'000'000'000), BTC(100'000'000'000'000)));
env.close();
// No transfer fee
BEAST_EXPECT(ammAlice.expectBalances(
BTC(1'100'000'000'000'000), ETH(1'000'000'000'000'000), ammAlice.tokens()));
// Initial 30,000'000'000'000'000 - 100'000'000'000'000(offer)-25 %
// transfer fee
env.require(balance(carol, BTC(29'875'000'000'000'000)));
// Initial 30,000'000'000'000'000 + 100'000'000'000'000(offer)
env.require(balance(carol, ETH(30'100'000'000'000'000)));
BEAST_EXPECT(expectOffers(env, carol, 0));
}
// Single-path AMM offer
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, bob, carol);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.transferFee = 100,
.pay = 30'000'000'000'000'000,
.flags = MPTDEXFlags});
AMM const amm(env, alice, XRP(1'000), BTC(500'000'000'000'000));
env(offer(carol, XRP(100), BTC(55'000'000'000'000)));
env.close();
BEAST_EXPECT(
amm.expectBalances(XRPAmount(909'090'909), BTC(550'000000055001), amm.tokens()));
// Offer ~91XRP/49.99e12BTC
BEAST_EXPECT(expectOffers(
env, carol, 1, {{Amounts{XRPAmount{9'090'909}, BTC(4'999999950000)}}}));
// Carol pays 0.1% fee on 50'000000055000BTC = 50'000000055BTC
env.require(balance(carol, BTC(29'949'949'999'944'943)));
}
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.transferFee = 100,
.pay = 3'000'000'000'000'000'000,
.flags = MPTDEXFlags});
AMM const amm(env, alice, XRP(1'000), BTC(50'000'000'000'000'000));
env(offer(carol, XRP(10), BTC(5'500'000'000'000'000)));
env.close();
BEAST_EXPECT(amm.expectBalances(XRP(990), BTC(505'05050505050506), amm.tokens()));
BEAST_EXPECT(expectOffers(env, carol, 0));
}
// Multi-path AMM offer
{
Env env(*this);
Account const ed("ed");
env.fund(XRP(30'000), gw, alice, bob, carol, ed);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, ed},
.transferFee = 25'000,
.pay = 20'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, ed},
.transferFee = 25'000,
.pay = 20'000'000'000'000'000,
.flags = MPTDEXFlags});
AMM const ammAlice(
env, alice, BTC(10'000'000'000'000'000), ETH(11'000'000'000'000'000));
env(offer(bob, BTC(100'000'000'000'000), XRP(10)), txflags(tfPassive));
env(offer(ed, XRP(10), ETH(100'000'000'000'000)), txflags(tfPassive));
env.close();
env(offer(carol, ETH(1'000'000'000'000'000), BTC(1'000'000'000'000'000)));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(
BTC(1'060'6848287928033), ETH(1'037'0658372213574), ammAlice.tokens()));
// Consumed offer ~72.93e13ETH/72.93e13BTC
BEAST_EXPECT(expectOffers(
env, carol, 1, {Amounts{ETH(27'0658372213574), BTC(27'0658372213575)}}));
BEAST_EXPECT(expectOffers(env, bob, 0));
BEAST_EXPECT(expectOffers(env, ed, 0));
env.require(balance(carol, BTC(19'116'439'640'089'955)));
env.require(balance(carol, ETH(20'729'341'627'786'426)));
env.require(balance(bob, BTC(20'100'000'000'000'000)));
env.require(balance(ed, ETH(19'875'000'000'000'000)));
}
// Payment and transfer fee
// Scenario:
// Bob sends 125BTC to pay 80EUR to Carol
// Payment execution:
// bob's 125BTC/1.25 = 100BTC
// 100BTC/100EUR AMM offer
// 100EUR/1.25 = 80EUR paid to carol
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, bob, carol);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.transferFee = 25'000,
.pay = 30'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.transferFee = 25'000,
.pay = 30'000,
.flags = MPTDEXFlags});
AMM const ammAlice(env, alice, BTC(1'000), ETH(1'100));
env(rate(gw, 1.25));
env.close();
env(pay(bob, carol, ETH(100)),
path(~MPT(ETH)),
sendmax(BTC(125)),
txflags(tfPartialPayment));
env.close();
BEAST_EXPECT(ammAlice.expectBalances(BTC(1'100), ETH(1'000), ammAlice.tokens()));
env.require(balance(bob, BTC(29'875)));
env.require(balance(carol, ETH(30'080)));
}
// Payment and transfer fee, multiple steps
// Scenario:
// Dan's offer 200CAN/200GBP
// AMM 1000GBP/10125ETH
// Ed's offer 200ETH/BTC
// Bob sends 195.3125CAN to pay 100BTC to Carol
// Payment execution:
// bob's 195.3125CAN/1.25 = 156.25CAN -> dan's offer
// 156.25CAN/156.25GBP 156.25GBP/1.25 = 125GBP -> AMM's offer
// 125GBP/125ETH 125ETH/1.25 = 100ETH -> ed's offer
// 100ETH/100BTC 100BTC/1.25 = 80BTC paid to carol
{
Env env(*this);
Account const dan("dan");
Account const ed("ed");
env.fund(XRP(30'000), gw, alice, bob, carol, dan, ed);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, dan, ed},
.transferFee = 25'000,
.pay = 30'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, dan, ed},
.transferFee = 25'000,
.pay = 30'000,
.flags = MPTDEXFlags});
MPTTester const CAN(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, dan, ed},
.transferFee = 25'000,
.pay = 2'000'000,
.flags = MPTDEXFlags});
MPTTester const GBP(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, dan, ed},
.transferFee = 25'000,
.pay = 3'000'000,
.flags = MPTDEXFlags});
AMM const ammAlice(env, alice, GBP(1'000'000), ETH(10'125));
env(pay(gw, bob, CAN(1'953'125)));
env.close();
env(offer(dan, CAN(2'000'000), GBP(20'000)));
env(offer(ed, ETH(200), BTC(200)));
env.close();
env(pay(bob, carol, BTC(100)),
path(~MPT(GBP), ~MPT(ETH), ~MPT(BTC)),
sendmax(CAN(1'953'125)),
txflags(tfPartialPayment));
env.close();
env.require(balance(bob, CAN(2'000'000)));
env.require(balance(dan, CAN(3'562'500)));
env.require(balance(dan, GBP(2'984'375)));
BEAST_EXPECT(ammAlice.expectBalances(GBP(1'012'500), ETH(10'000), ammAlice.tokens()));
env.require(balance(ed, ETH(30'100)));
env.require(balance(ed, BTC(29'900)));
env.require(balance(carol, BTC(30'080)));
}
// Pay amounts close to one side of the pool
testAMM(
[&](AMM& ammAlice, Env& env) {
auto const& BTC = MPT(ammAlice[1]);
env(pay(alice, carol, BTC(9999)),
path(~BTC),
sendmax(XRP(1)),
txflags(tfPartialPayment),
ter(tesSUCCESS));
env(pay(alice, carol, BTC(10'000)),
path(~BTC),
sendmax(XRP(1)),
txflags(tfPartialPayment),
ter(tesSUCCESS));
env(pay(alice, carol, XRP(100)),
path(~XRP),
sendmax(BTC(100)),
txflags(tfPartialPayment),
ter(tesSUCCESS));
env(pay(alice, carol, STAmount{xrpIssue(), 99'999'900}),
path(~XRP),
sendmax(BTC(100)),
txflags(tfPartialPayment),
ter(tesSUCCESS));
},
{{XRP(100), AMMMPT(10'000)}});
// Multiple paths/steps
{
Env env(*this);
env.fund(XRP(100'000), gw, alice);
env.fund(XRP(1'000), bob, carol);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 500'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 500'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const USD(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 500'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const EUR(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 500'000'000'000'000'000,
.flags = MPTDEXFlags});
AMM const xrp_eur(env, alice, XRP(10'100), EUR(100'000'000'000'000'000));
AMM const eur_btc(
env, alice, EUR(100'000'000'000'000'000), BTC(102'000'000'000'000'000));
AMM const btc_usd(
env, alice, BTC(101'000'000'000'000'000), USD(100'000'000'000'000'000));
AMM const xrp_usd(env, alice, XRP(10'150), USD(102'000'000'000'000'000));
AMM const xrp_eth(env, alice, XRP(10'000), ETH(101'000'000'000'000'000));
AMM const eth_eur(
env, alice, ETH(109'000'000'000'000'000), EUR(110'000'000'000'000'000));
AMM const eur_usd(
env, alice, EUR(101'000'000'000'000'000), USD(100'000'000'000'000'000));
env(pay(bob, carol, USD(1'000'000'000'000'000)),
path(~MPT(EUR), ~MPT(BTC), ~MPT(USD)),
path(~MPT(USD)),
path(~MPT(ETH), ~MPT(EUR), ~MPT(USD)),
sendmax(XRP(200)));
BEAST_EXPECT(xrp_eth.expectBalances(
XRPAmount(10'026'208'900), ETH(10'073'6577924447994), xrp_eth.tokens()));
BEAST_EXPECT(eth_eur.expectBalances(
ETH(10'926'3422075552006), EUR(10'973'5423207873690), eth_eur.tokens()));
BEAST_EXPECT(eur_usd.expectBalances(
EUR(10'126'4576792126310), USD(9'973'9315171207179), eur_usd.tokens()));
// XRP-USD path
// This path provides ~73.9e12USD/74.1XRP
BEAST_EXPECT(xrp_usd.expectBalances(
XRPAmount(10'224'106'246), USD(10'126'0684828792821), xrp_usd.tokens()));
// XRP-EUR-BTC-USD
// This path doesn't provide any liquidity due to how
// offers are generated in multi-path.
// Analytical solution shows a different distribution:
// XRP-EUR-BTC-USD 11.6e12USD/11.64XRP,
// XRP-USD 60.7e12USD/60.8XRP,
// XRP-ETH-EUR-USD 27.6e12USD/27.6XRP
BEAST_EXPECT(xrp_eur.expectBalances(
XRP(10'100), EUR(100'000'000'000'000'000), xrp_eur.tokens()));
BEAST_EXPECT(eur_btc.expectBalances(
EUR(100'000'000'000'000'000), BTC(102'000'000'000'000'000), eur_btc.tokens()));
BEAST_EXPECT(btc_usd.expectBalances(
BTC(101'000'000'000'000'000), USD(100'000'000'000'000'000), btc_usd.tokens()));
env.require(balance(carol, USD(501'000'000'000'000'000)));
}
// Dependent AMM
{
Env env(*this);
env.fund(XRP(40'000), gw, alice);
env.fund(XRP(1'000), bob, carol);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 50'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 50'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const USD(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 50'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const EUR(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 50'000'000'000'000'000,
.flags = MPTDEXFlags});
AMM const xrp_eur(env, alice, XRP(10'100), EUR(10'000'000'000'000'000));
AMM const eur_btc(env, alice, EUR(10'000'000'000'000'000), BTC(10'200'000'000'000'000));
AMM const btc_usd(env, alice, BTC(10'100'000'000'000'000), USD(10'000'000'000'000'000));
AMM const xrp_eth(env, alice, XRP(10'000), ETH(10'100'000'000'000'000));
AMM const eth_eur(env, alice, ETH(10'900'000'000'000'000), EUR(11'000'000'000'000'000));
env(pay(bob, carol, USD(100'000'000'000'000)),
path(~MPT(EUR), ~MPT(BTC), ~MPT(USD)),
path(~MPT(ETH), ~MPT(EUR), ~MPT(BTC), ~MPT(USD)),
sendmax(XRP(200)));
BEAST_EXPECT(xrp_eur.expectBalances(
XRPAmount(10'118'738'472), EUR(9'981'544436337981), xrp_eur.tokens()));
BEAST_EXPECT(eur_btc.expectBalances(
EUR(10'101'160967851758), BTC(10'097'914269680647), eur_btc.tokens()));
BEAST_EXPECT(btc_usd.expectBalances(
BTC(10'202'085730319353), USD(9'900'000'000'000'000), btc_usd.tokens()));
BEAST_EXPECT(xrp_eth.expectBalances(
XRPAmount(10'082'446'397), ETH(10'017'410727780081), xrp_eth.tokens()));
BEAST_EXPECT(eth_eur.expectBalances(
ETH(10'982'589272219919), EUR(10'917'294595810261), eth_eur.tokens()));
env.require(balance(carol, USD(50'100'000'000'000'000)));
}
// AMM offers limit
// Consuming 30 CLOB offers, results in hitting 30 AMM offers limit.
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
env.fund(XRP(1'000), bob);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 30'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 400'000'000'000'000,
.flags = MPTDEXFlags});
AMM const ammAlice(env, alice, XRP(10'000), BTC(10'000'000'000'000'000));
for (int i = 0; i < 30; ++i)
env(offer(alice, ETH(1'000'000'000'000 + (10'000'000'000 * i)), XRP(1)));
// This is worse quality offer than 30 offers above.
// It will not be consumed because of AMM offers limit.
env(offer(alice, ETH(140'000'000'000'000), XRP(100)));
env(pay(bob, carol, BTC(100'000'000'000'000)),
path(~XRP, ~MPT(BTC)),
sendmax(ETH(400'000'000'000'000)),
txflags(tfPartialPayment | tfNoRippleDirect));
BEAST_EXPECT(
ammAlice.expectBalances(XRP(10'030), BTC(9'970'089730807592), ammAlice.tokens()));
env.require(balance(carol, BTC(30'029'910269192408)));
BEAST_EXPECT(expectOffers(env, alice, 1, {{{ETH(140'000'000'000'000), XRP(100)}}}));
}
// This payment is fulfilled
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
env.fund(XRP(1'000), bob);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 30'000'000'000'000'000,
.flags = MPTDEXFlags});
MPTTester const ETH(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 400'000'000'000'000,
.flags = MPTDEXFlags});
AMM const ammAlice(env, alice, XRP(10'000), BTC(10'000'000'000'000'000));
for (int i = 0; i < 29; ++i)
env(offer(alice, ETH(1'000'000'000'000 + (10'000'000'000 * i)), XRP(1)));
// This is worse quality offer than 30 offers above.
// It will not be consumed because of AMM offers limit.
env(offer(alice, ETH(140'000'000'000'000), XRP(100)));
env(pay(bob, carol, BTC(100'000'000'000'000)),
path(~XRP, ~MPT(BTC)),
sendmax(ETH(400'000'000'000'000)),
txflags(tfPartialPayment | tfNoRippleDirect));
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount{10'101'010'102}, BTC(9'900'000'000'000'000), ammAlice.tokens()));
env.require(balance(carol, BTC(30'100'000'000'000'000)));
BEAST_EXPECT(
expectOffers(env, alice, 1, {{{ETH(39'185857200000), XRPAmount{27'989'898}}}}));
}
// Offer crossing with AMM and another offer.
// AMM has a better quality and is consumed first.
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
env.fund(XRP(1'000), bob);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 30'000'000'000'000'000,
.flags = MPTDEXFlags});
env(offer(bob, XRP(100), BTC(100'001'000'000'000)));
AMM const ammAlice(env, alice, XRP(10'000), BTC(10'100'000'000'000'000));
env(offer(carol, BTC(100'000'000'000'000), XRP(100)));
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount{10'049'825'372}, BTC(10'049'925870493027), ammAlice.tokens()));
BEAST_EXPECT(
expectOffers(env, bob, 1, {{{XRPAmount{50'074'628}, BTC(50'075129506973)}}}));
env.require(balance(carol, BTC(30'100'000'000'000'000)));
}
// Individually locked MPT destination account
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM const ammAlice(env, alice, XRP(10'000), BTC(10'000));
BTC.set({.holder = carol, .flags = tfMPTLock});
env(pay(alice, carol, XRP(1)),
path(~XRP),
sendmax(BTC(10)),
txflags(tfNoRippleDirect | tfPartialPayment),
ter(tesSUCCESS));
}
// Individually locked MPT source account
{
Env env(*this);
env.fund(XRP(30'000), gw, alice, carol);
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM const ammAlice(env, alice, XRP(10'000), BTC(10'000));
BTC.set({.holder = alice, .flags = tfMPTLock});
env(pay(alice, carol, BTC(1)),
path(~MPT(BTC)),
sendmax(XRP(10)),
txflags(tfNoRippleDirect | tfPartialPayment),
ter(tesSUCCESS));
}
}
void
testAMMTokens()
{
testcase("AMM Tokens");
using namespace jtx;
// Offer crossing with AMM LPTokens and XRP.
// AMM LPTokens come from MPT/XRP pool.
testAMM(
[&](AMM& ammAlice, Env& env) {
auto const token1 = ammAlice.lptIssue();
auto priceXRP = ammAssetOut(
STAmount{XRPAmount{10'000'000'000}},
STAmount{token1, 10'000'000},
STAmount{token1, 5'000'000},
0);
// Carol places an order to buy LPTokens
env(offer(carol, STAmount{token1, 5'000'000}, priceXRP));
// Alice places an order to sell LPTokens
env(offer(alice, priceXRP, STAmount{token1, 5'000'000}));
// Pool's LPTokens balance doesn't change
BEAST_EXPECT(ammAlice.expectBalances(
XRP(10'000), MPT(ammAlice[1])(10'000), IOUAmount{10'000'000}));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{5'000'000}));
BEAST_EXPECT(ammAlice.expectLPTokens(alice, IOUAmount{5'000'000}));
// Carol votes
ammAlice.vote(carol, 1'000);
BEAST_EXPECT(ammAlice.expectTradingFee(500));
ammAlice.vote(carol, 0);
BEAST_EXPECT(ammAlice.expectTradingFee(0));
// Carol bids
auto const baseFee = env.current()->fees().base;
auto const carolXRP = env.balance(carol);
env(ammAlice.bid({.account = carol, .bidMin = 100}));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{4'999'900}));
BEAST_EXPECT(ammAlice.expectAuctionSlot(0, 0, IOUAmount{100}));
BEAST_EXPECT(env.balance(carol) == (carolXRP - baseFee));
priceXRP = ammAssetOut(
STAmount{XRPAmount{10'000'000'000}},
STAmount{token1, 9'999'900},
STAmount{token1, 4'999'900},
0);
// Carol withdraws
ammAlice.withdrawAll(carol, XRP(0));
BEAST_EXPECT(env.balance(carol) == (carolXRP - baseFee * 2 + priceXRP));
BEAST_EXPECT(ammAlice.expectBalances(
XRPAmount{10'000'000'000} - priceXRP,
MPT(ammAlice[1])(10'000),
IOUAmount{5'000'000}));
BEAST_EXPECT(ammAlice.expectLPTokens(alice, IOUAmount{5'000'000}));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{0}));
},
{{XRP(10000), AMMMPT(10000)}});
// Offer crossing with two AMM LPTokens.
// token1 comes from MPT/XRP pool.
// token2 comes from XRP/IOU pool.
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, 1'000'000);
fund(env, gw, {alice, carol}, {EUR(10'000)}, Fund::TokenOnly);
AMM ammAlice1(env, alice, XRP(10'000), EUR(10'000));
ammAlice1.deposit(carol, 1'000'000);
auto const token1 = ammAlice.lptIssue();
auto const token2 = ammAlice1.lptIssue();
env(offer(alice, STAmount{token1, 100}, STAmount{token2, 100}), txflags(tfPassive));
env.close();
BEAST_EXPECT(expectOffers(env, alice, 1));
env(offer(carol, STAmount{token2, 100}, STAmount{token1, 100}));
env.close();
BEAST_EXPECT(
expectHolding(env, alice, STAmount{token1, 10'000'100}) &&
expectHolding(env, alice, STAmount{token2, 9'999'900}));
BEAST_EXPECT(
expectHolding(env, carol, STAmount{token2, 1'000'100}) &&
expectHolding(env, carol, STAmount{token1, 999'900}));
BEAST_EXPECT(expectOffers(env, alice, 0) && expectOffers(env, carol, 0));
},
{{XRP(10000), AMMMPT(10000)}});
// LPs pay LPTokens directly. Must trust set because the trust line
// is checked for the limit, which is 0 in the AMM auto-created
// trust line.
testAMM(
[&](AMM& ammAlice, Env& env) {
auto const token1 = ammAlice.lptIssue();
env.trust(STAmount{token1, 2'000'000}, carol);
env.close();
ammAlice.deposit(carol, 1'000'000);
BEAST_EXPECT(
ammAlice.expectLPTokens(alice, IOUAmount{10'000'000, 0}) &&
ammAlice.expectLPTokens(carol, IOUAmount{1'000'000, 0}));
// Pool balance doesn't change, only tokens moved from
// one line to another.
env(pay(alice, carol, STAmount{token1, 100}));
env.close();
BEAST_EXPECT(
// Alice initial token1 10,000,000 - 100
ammAlice.expectLPTokens(alice, IOUAmount{9'999'900, 0}) &&
// Carol initial token1 1,000,000 + 100
ammAlice.expectLPTokens(carol, IOUAmount{1'000'100, 0}));
env.trust(STAmount{token1, 20'000'000}, alice);
env.close();
env(pay(carol, alice, STAmount{token1, 100}));
env.close();
// Back to the original balance
BEAST_EXPECT(
ammAlice.expectLPTokens(alice, IOUAmount{10'000'000, 0}) &&
ammAlice.expectLPTokens(carol, IOUAmount{1'000'000, 0}));
},
{{XRP(10000), AMMMPT(10000)}});
}
void
testAmendment()
{
testcase("Amendment");
using namespace jtx;
FeatureBitset const feature{testable_amendments() - featureMPTokensV2};
Env env{*this, feature};
env.fund(XRP(30'000), gw, alice);
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 10'000,
.flags = tfMPTCanClawback | tfMPTCanTransfer});
AMM amm(env, alice, XRP(1'000), BTC(1'000), ter(temDISABLED));
env(amm.bid({.bidMax = 1000}), ter(temMALFORMED));
env(amm.bid({}), ter(temDISABLED));
amm.vote(VoteArg{.tfee = 100, .err = ter(temDISABLED)});
amm.withdraw(WithdrawArg{.tokens = 100, .err = ter(temMALFORMED)});
amm.withdraw(WithdrawArg{.err = ter(temDISABLED)});
amm.deposit(DepositArg{.asset1In = USD(100), .err = ter(temDISABLED)});
amm.ammDelete(alice, ter(temDISABLED));
}
void
testAMMAndCLOB(FeatureBitset features)
{
testcase("AMMAndCLOB, offer quality change");
using namespace jtx;
auto const gw = Account("gw");
auto const LP1 = Account("LP1");
auto const LP2 = Account("LP2");
auto prep = [&](auto const& offerCb, auto const& expectCb) {
Env env(*this, features);
env.fund(XRP(30'000'000'000), gw);
env.fund(XRP(10'000), LP1);
env.fund(XRP(10'000), LP2);
MPTTester const TST(
{.env = env, .issuer = gw, .holders = {LP1, LP2}, .flags = MPTDEXFlags});
env(offer(gw, XRP(11'500'000'000), TST(1'000'000'000'000'000)));
env(offer(LP1, TST(25'000'000), XRPAmount(287'500'000)));
// Either AMM or CLOB offer
offerCb(env, TST);
env(offer(LP2, TST(25'000'000), XRPAmount(287'500'000)));
expectCb(env, TST);
};
// If we replace AMM with an equivalent CLOB offer, which AMM generates
// when it is consumed, then the result must be equivalent, too.
STAmount lp2TSTBalance;
std::string lp2TakerGets;
std::string lp2TakerPays;
// Execute with AMM first
prep(
[&](Env& env, MPTTester TST) { AMM const amm(env, LP1, TST(25'000'000), XRP(250)); },
[&](Env& env, MPTTester TST) {
lp2TSTBalance = env.balance(LP2, MPT(TST));
auto const offer = getAccountOffers(env, LP2)["offers"][0u];
lp2TakerGets = offer["taker_gets"].asString();
lp2TakerPays = offer["taker_pays"]["value"].asString();
});
// Execute with CLOB offer
prep(
[&](Env& env, MPTTester TST) {
env(offer(LP1, XRPAmount{18'095'131}, TST(1'687'379)), txflags(tfPassive));
},
[&](Env& env, MPTTester TST) {
BEAST_EXPECT(lp2TSTBalance == env.balance(LP2, MPT(TST)));
auto const offer = getAccountOffers(env, LP2)["offers"][0u];
BEAST_EXPECT(lp2TakerGets == offer["taker_gets"].asString());
BEAST_EXPECT(lp2TakerPays == offer["taker_pays"]["value"].asString());
});
}
void
testTradingFee(FeatureBitset features)
{
testcase("Trading Fee");
using namespace jtx;
// Single Deposit, 1% fee
testAMM(
[&](AMM& ammAlice, Env& env) {
// No fee
ammAlice.deposit(carol, MPT(ammAlice[1])(3'000));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{1'000}));
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(3'000));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{0}));
env.require(balance(carol, MPT(ammAlice[1])(30'000)));
// Set fee to 1%
ammAlice.vote(alice, 1'000);
BEAST_EXPECT(ammAlice.expectTradingFee(1'000));
// Carol gets fewer LPToken ~994, because of the single deposit
// fee
ammAlice.deposit(carol, MPT(ammAlice[1])(3'000));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{994'981155689671, -12}));
env.require(balance(carol, MPT(ammAlice[1])(27'000)));
// Set fee to 0
ammAlice.vote(alice, 0);
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
// Carol gets back less than the original deposit
if (!features[fixAMMv1_3])
{
env.require(balance(carol, MPT(ammAlice[1])(29'995)));
}
else
{
env.require(balance(carol, MPT(ammAlice[1])(29'994)));
}
},
{{USD(1000), AMMMPT(1000)}},
0,
std::nullopt,
{features});
// Single deposit with EP not exceeding specified:
// 100MPT with EP not to exceed 0.1 (AssetIn/TokensOut). 1% fee.
testAMM(
[&](AMM& ammAlice, Env& env) {
BEAST_EXPECT(ammAlice.expectTradingFee(1'000));
auto const balance = env.balance(carol, MPT(ammAlice[1]));
auto const tokensFee = ammAlice.deposit(
carol,
MPT(ammAlice[1])(1000),
std::nullopt,
STAmount{ammAlice.lptIssue(), 1, -1});
auto const deposit = balance - env.balance(carol, MPT(ammAlice[1]));
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
ammAlice.vote(alice, 0);
BEAST_EXPECT(ammAlice.expectTradingFee(0));
auto const tokensNoFee = ammAlice.deposit(carol, deposit);
BEAST_EXPECT(tokensFee == IOUAmount(485636'0611129, -7));
if (!features[fixAMMv1_3])
{
BEAST_EXPECT(tokensNoFee == IOUAmount(487659'8005807, -7));
}
else
{
BEAST_EXPECT(tokensNoFee == IOUAmount(487612'21584827, -8));
}
},
{{XRP(10'000), AMMMPT(10'000)}},
1'000,
std::nullopt,
{features});
// Single deposit with EP not exceeding specified:
// 200MPT with EP not to exceed 0.002020 (AssetIn/TokensOut). 1% fee
testAMM(
[&](AMM& ammAlice, Env& env) {
BEAST_EXPECT(ammAlice.expectTradingFee(1'000));
auto const balance = env.balance(carol, MPT(ammAlice[1]));
auto const tokensFee = ammAlice.deposit(
carol,
MPT(ammAlice[1])(200),
std::nullopt,
STAmount{ammAlice.lptIssue(), 2020, -6});
auto const deposit = balance - env.balance(carol, MPT(ammAlice[1]));
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
ammAlice.vote(alice, 0);
BEAST_EXPECT(ammAlice.expectTradingFee(0));
auto const tokensNoFee = ammAlice.deposit(carol, deposit);
if (!features[fixAMMv1_3])
{
BEAST_EXPECT(tokensFee == IOUAmount(98'019'80198019, -8));
BEAST_EXPECT(tokensNoFee == IOUAmount(98'495'13933556, -8));
}
else
{
BEAST_EXPECT(tokensFee == IOUAmount(97527'05893345, -8));
BEAST_EXPECT(tokensNoFee == IOUAmount(98000'10293049, -8));
}
},
{{XRP(10'000), AMMMPT(10'000)}},
1'000,
std::nullopt,
{features});
// Single Withdrawal, 1% fee
testAMM(
[&](AMM& ammAlice, Env& env) {
// No fee
ammAlice.deposit(carol, MPT(ammAlice[1])(3'000));
BEAST_EXPECT(ammAlice.expectLPTokens(carol, IOUAmount{1'000}));
env.require(balance(carol, MPT(ammAlice[1])(27'000)));
// Set fee to 1%
ammAlice.vote(alice, 1'000);
BEAST_EXPECT(ammAlice.expectTradingFee(1'000));
// Single withdrawal. Carol gets ~5USD less than deposited.
ammAlice.withdrawAll(carol, MPT(ammAlice[1])(0));
if (!features[fixAMMv1_3])
{
env.require(balance(carol, MPT(ammAlice[1])(29'995)));
}
else
{
env.require(balance(carol, MPT(ammAlice[1])(29'994)));
}
},
{{USD(1000), AMMMPT(1000)}},
0,
std::nullopt,
{features});
// Withdraw with EPrice limit, 1% fee.
testAMM(
[&](AMM& ammAlice, Env& env) {
ammAlice.deposit(carol, 1'000'000);
auto const tokensFee = ammAlice.withdraw(
carol, MPT(ammAlice[1])(100), std::nullopt, IOUAmount{520, 0});
env.require(balance(carol, MPT(ammAlice[1])(30443)));
// Set to original pool size
auto const deposit =
env.balance(carol, MPT(ammAlice[1])) - MPT(ammAlice[1])(29'000);
ammAlice.deposit(carol, deposit);
// fee 0%
ammAlice.vote(alice, 0);
BEAST_EXPECT(ammAlice.expectTradingFee(0));
auto const tokensNoFee = ammAlice.withdraw(carol, deposit);
if (!features[fixAMMv1_3])
{
env.require(balance(carol, MPT(ammAlice[1])(30443)));
}
else
{
env.require(balance(carol, MPT(ammAlice[1])(30442)));
}
BEAST_EXPECT(tokensNoFee == IOUAmount(746'327'46496649, -8));
BEAST_EXPECT(tokensFee == IOUAmount(750'588'23529411, -8));
},
{{XRP(10'000), AMMMPT(10'000)}},
1'000,
std::nullopt,
{features});
// Payment, 1% fee
{
Env env{*this, features};
env.fund(XRP(30'000), gw, alice, bob, carol);
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol},
.pay = 30'000,
.flags = MPTDEXFlags});
auto const USD = gw["USD"];
env.trust(USD(30'000), alice);
env(pay(gw, alice, USD(30'000)));
env.trust(USD(30'000), bob);
env(pay(gw, bob, USD(1'000)));
env.trust(USD(30'000), carol);
env(pay(gw, carol, USD(30'000)));
env.close();
AMM amm(env, alice, BTC(1000), USD(1010));
env.require(balance(alice, BTC(29'000)));
env.require(balance(alice, USD(28'990)));
env.require(balance(carol, BTC(30'000)));
// Carol pays to Alice with no fee
env(pay(carol, alice, USD(10)),
path(~USD),
sendmax(BTC(10)),
txflags(tfNoRippleDirect));
env.close();
// Alice has 10USD more and Carol has 10BTC less
env.require(balance(alice, BTC(29'000)));
env.require(balance(alice, USD(29'000)));
env.require(balance(carol, BTC(29'990)));
// Set fee to 1%
amm.vote(alice, 1'000);
BEAST_EXPECT(amm.expectTradingFee(1'000));
// Bob pays to Carol with 1% fee
env(pay(bob, carol, BTC(10)), path(~BTC), sendmax(USD(15)), txflags(tfNoRippleDirect));
env.close();
// Bob sends 10.1~USD to pay 10BTC
env.require(balance(bob, STAmount{USD, UINT64_C(989'8989898989899), -13}));
// Carol got 10BTC
env.require(balance(carol, BTC(30'000)));
BEAST_EXPECT(amm.expectBalances(
BTC(1'000), STAmount{USD, UINT64_C(1'010'10101010101), -11}, amm.tokens()));
}
// Offer crossing, 0.05% fee MPT/XRP
testAMM(
[&](AMM& ammAlice, Env& env) {
auto const BTC = MPT(ammAlice[1]);
auto const carolXRP = env.balance(carol);
auto const baseFee = env.current()->fees().base;
env(offer(carol, BTC(10), XRP(10)));
env.close();
env.require(balance(carol, BTC(30'010)));
env.require(balance(carol, carolXRP - baseFee - XRP(10)));
// Change pool composition back
env(offer(carol, XRP(10), BTC(10)));
env.close();
env.require(balance(carol, BTC(30'000)));
env.require(balance(carol, carolXRP - baseFee * 2));
// set fee to 0.05%
ammAlice.vote(alice, 50);
BEAST_EXPECT(ammAlice.expectTradingFee(50));
env(offer(carol, BTC(10), XRP(10)));
env.close();
env.require(balance(carol, BTC(30'009)));
env.require(balance(carol, carolXRP - baseFee * 3 - XRPAmount(8'995'507)));
BEAST_EXPECT(expectOffers(env, carol, 1, {{Amounts{BTC(1), XRP(1)}}}));
},
{{XRP(1000), AMMMPT(1010)}},
0,
std::nullopt,
{features});
// Offer crossing, 0.5% fee MPT/IOU
testAMM(
[&](AMM& ammAlice, Env& env) {
auto const BTC = MPT(ammAlice[1]);
env(offer(carol, BTC(10'000'000), USD(10)));
env.close();
env.require(balance(carol, BTC(1'020'001'000)));
env.require(balance(carol, USD(29'990)));
// Change pool composition back
env(offer(carol, USD(10), BTC(10'000'000)));
env.close();
env.require(balance(carol, BTC(1'010'001'000)));
env.require(balance(carol, USD(30'000)));
// set fee to 0.5%
ammAlice.vote(alice, 500);
BEAST_EXPECT(ammAlice.expectTradingFee(500));
env(offer(carol, BTC(10'000'000), USD(10)));
env.close();
env.require(balance(carol, BTC(1'014'975'874)));
env.require(balance(carol, STAmount{USD, UINT64_C(29'995'02512600184), -11}));
BEAST_EXPECT(expectOffers(
env,
carol,
1,
{{Amounts{BTC(5'025126), STAmount{USD, UINT64_C(5'025126), -6}}}}));
},
{{USD(1000), AMMMPT(1010000000)}},
0,
std::nullopt,
{features});
// Payment with AMM and CLOB offer, 0 fee
// AMM liquidity is consumed first up to CLOB offer quality
// CLOB offer is fully consumed next
// Remaining amount is consumed via AMM liquidity
{
Env env{*this, features};
Account const ed("ed");
fund(env, gw, {alice, bob, carol, ed}, XRP(30'000), {USD(2'000)});
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, ed},
.pay = 30'000'000000,
.flags = MPTDEXFlags});
env(offer(carol, BTC(5'000000), USD(5)));
AMM const ammAlice(env, alice, USD(1'005), BTC(1'000'000000));
env(pay(bob, ed, USD(10)),
path(~USD),
sendmax(BTC(15'000000)),
txflags(tfNoRippleDirect));
env.require(balance(ed, USD(2'010)));
env.require(balance(bob, BTC(29'989'999999)));
BEAST_EXPECT(ammAlice.expectBalances(
BTC(1'005'000001),
STAmount{USD, UINT64_C(999'9999999999999), -13},
ammAlice.tokens()));
BEAST_EXPECT(expectOffers(env, carol, 0));
}
// Payment with AMM and CLOB offer. Same as above but with 0.25%
// fee.
{
Env env{*this, features};
Account const ed("ed");
fund(env, gw, {alice, bob, carol, ed}, XRP(30'000), {USD(2'000)});
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, ed},
.pay = 30'000'000000,
.flags = MPTDEXFlags});
env(offer(carol, BTC(5'000000), USD(5)));
// Set 0.25% fee
AMM const ammAlice(env, alice, USD(1'005), BTC(1'000'000000), false, 250);
env(pay(bob, ed, USD(10)),
path(~USD),
sendmax(BTC(15'000000)),
txflags(tfNoRippleDirect));
env.require(balance(ed, USD(2'010)));
env.require(balance(bob, BTC(29'989'987453)));
BEAST_EXPECT(ammAlice.expectBalances(BTC(1'005'012547), USD(1'000), ammAlice.tokens()));
BEAST_EXPECT(expectOffers(env, carol, 0));
}
// Payment with AMM and CLOB offer. AMM has a better
// spot price quality, but 1% fee offsets that. As the result
// the entire trade is executed via LOB.
{
Env env{*this, features};
Account const ed("ed");
fund(env, gw, {alice, bob, carol, ed}, XRP(30'000), {USD(2'000)});
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, ed},
.pay = 30'000'000000,
.flags = MPTDEXFlags});
env(offer(carol, BTC(10'000000), USD(10)));
// Set 1% fee
AMM const ammAlice(env, alice, USD(1'005), BTC(1'000'000000), false, 1'000);
env(pay(bob, ed, USD(10)),
path(~USD),
sendmax(BTC(15'000000)),
txflags(tfNoRippleDirect));
env.require(balance(ed, USD(2'010)));
env.require(balance(bob, BTC(29'990'000000)));
BEAST_EXPECT(ammAlice.expectBalances(BTC(1'000'000000), USD(1'005), ammAlice.tokens()));
BEAST_EXPECT(expectOffers(env, carol, 0));
}
// Payment with AMM and CLOB offer. AMM has a better
// spot price quality, but 1% fee offsets that.
// The CLOB offer is consumed first and the remaining
// amount is consumed via AMM liquidity.
{
Env env{*this, features};
Account const ed("ed");
fund(env, gw, {alice, bob, carol, ed}, XRP(30'000), {USD(2'000)});
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, ed},
.pay = 30'000'000000,
.flags = MPTDEXFlags});
env(offer(carol, BTC(9'000000), USD(9)));
// Set 1% fee
AMM const ammAlice(env, alice, USD(1'005), BTC(1'000'000000), false, 1'000);
env(pay(bob, ed, USD(10)),
path(~USD),
sendmax(BTC(15'000000)),
txflags(tfNoRippleDirect));
env.require(balance(ed, USD(2'010)));
env.require(balance(bob, BTC(29'989'993923)));
BEAST_EXPECT(ammAlice.expectBalances(BTC(1'001'006077), USD(1'004), ammAlice.tokens()));
BEAST_EXPECT(expectOffers(env, carol, 0));
}
}
void
testAdjustedTokens(FeatureBitset features)
{
testcase("Adjusted Deposit/Withdraw Tokens");
using namespace jtx;
// Deposit/Withdraw USD from USD/MPT pool
{
Env env(*this);
Account const gw{"gateway"};
Account const alice{"alice"};
Account const bob("bob");
Account const carol("carol");
Account const ed("ed");
Account const paul("paul");
Account const dan("dan");
Account const chris("chris");
Account const simon("simon");
Account const ben("ben");
Account const natalie("natalie");
std::vector<Account> const holders{
alice, bob, carol, ed, paul, dan, chris, simon, ben, natalie};
env.fund(XRP(100000), gw, alice, bob, carol, ed, paul, dan, chris, simon, ben, natalie);
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = holders,
.pay = 40'000'000000,
.flags = MPTDEXFlags});
auto const USD = gw["USD"];
for (auto const& holder : holders)
{
env.trust(USD(1'500'000), holder);
env(pay(gw, holder, USD(1'500'000)));
}
env.close();
auto aliceUSD = env.balance(alice, USD);
auto bobUSD = env.balance(bob, USD);
auto carolUSD = env.balance(carol, USD);
auto edUSD = env.balance(ed, USD);
auto paulUSD = env.balance(paul, USD);
auto danUSD = env.balance(dan, USD);
auto chrisUSD = env.balance(chris, USD);
auto simonUSD = env.balance(simon, USD);
auto benUSD = env.balance(ben, USD);
auto natalieUSD = env.balance(natalie, USD);
AMM ammAlice(env, alice, BTC(10'000'000000), USD(10000));
BEAST_EXPECT(
ammAlice.expectBalances(BTC(10'000'000000), USD(10'000), IOUAmount{10'000'000}));
for (int i = 0; i < 10; ++i)
{
ammAlice.deposit(ben, STAmount{USD, 1, -10});
ammAlice.withdrawAll(ben, USD(0));
ammAlice.deposit(simon, USD(0.1));
ammAlice.withdrawAll(simon, USD(0));
ammAlice.deposit(chris, USD(1));
ammAlice.withdrawAll(chris, USD(0));
ammAlice.deposit(dan, USD(10));
ammAlice.withdrawAll(dan, USD(0));
ammAlice.deposit(bob, USD(100));
ammAlice.withdrawAll(bob, USD(0));
ammAlice.deposit(carol, USD(1'000));
ammAlice.withdrawAll(carol, USD(0));
ammAlice.deposit(ed, USD(10'000));
ammAlice.withdrawAll(ed, USD(0));
ammAlice.deposit(paul, USD(100'000));
ammAlice.withdrawAll(paul, USD(0));
ammAlice.deposit(natalie, USD(1'000'000));
ammAlice.withdrawAll(natalie, USD(0));
}
BEAST_EXPECT(ammAlice.expectBalances(
BTC(10'000'000000),
STAmount{USD, UINT64_C(10000'0000000001), -10},
IOUAmount{10'000'000}));
env.require(balance(bob, bobUSD));
env.require(balance(carol, carolUSD));
env.require(balance(ed, edUSD));
env.require(balance(paul, paulUSD));
env.require(balance(dan, danUSD));
env.require(balance(chris, chrisUSD));
env.require(balance(simon, simonUSD));
env.require(balance(ben, benUSD));
env.require(balance(natalie, natalieUSD));
ammAlice.withdrawAll(alice);
BEAST_EXPECT(!ammAlice.ammExists());
env.require(balance(alice, aliceUSD));
}
// Same as above but deposit/withdraw MPT from USD/MPT pool
{
Env env(*this);
Account const gw{"gateway"};
Account const alice{"alice"};
Account const bob("bob");
Account const carol("carol");
Account const ed("ed");
Account const paul("paul");
Account const dan("dan");
Account const chris("chris");
Account const simon("simon");
Account const ben("ben");
Account const natalie("natalie");
std::vector<Account> const holders{
alice, bob, carol, ed, paul, dan, chris, simon, ben, natalie};
env.fund(XRP(100000), gw, alice, bob, carol, ed, paul, dan, chris, simon, ben, natalie);
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = holders,
.pay = 40'000'000000,
.flags = MPTDEXFlags});
auto const USD = gw["USD"];
for (auto const& holder : holders)
{
env.trust(USD(1'500'000), holder);
env(pay(gw, holder, USD(1'500'000)));
}
env.close();
auto aliceBTC = env.balance(alice, BTC);
auto bobBTC = env.balance(bob, BTC);
auto carolBTC = env.balance(carol, BTC);
auto edBTC = env.balance(ed, BTC);
auto paulBTC = env.balance(paul, BTC);
auto danBTC = env.balance(dan, BTC);
auto chrisBTC = env.balance(chris, BTC);
auto simonBTC = env.balance(simon, BTC);
auto benBTC = env.balance(ben, BTC);
auto natalieBTC = env.balance(natalie, BTC);
AMM ammAlice(env, alice, BTC(10'000'000000), USD(10000));
BEAST_EXPECT(
ammAlice.expectBalances(BTC(10'000'000000), USD(10'000), IOUAmount{10'000'000}));
for (int i = 0; i < 10; ++i)
{
ammAlice.deposit(ben, BTC(1));
ammAlice.withdrawAll(ben, BTC(0));
ammAlice.deposit(simon, BTC(1'000));
ammAlice.withdrawAll(simon, BTC(0));
ammAlice.deposit(chris, BTC(1));
ammAlice.withdrawAll(chris, BTC(0));
ammAlice.deposit(dan, BTC(10));
ammAlice.withdrawAll(dan, BTC(0));
ammAlice.deposit(bob, BTC(100));
ammAlice.withdrawAll(bob, BTC(0));
ammAlice.deposit(carol, BTC(1'000));
ammAlice.withdrawAll(carol, BTC(0));
ammAlice.deposit(ed, BTC(10'000));
ammAlice.withdrawAll(ed, BTC(0));
ammAlice.deposit(paul, BTC(100'000));
ammAlice.withdrawAll(paul, BTC(0));
ammAlice.deposit(natalie, BTC(1'000'000));
ammAlice.withdrawAll(natalie, BTC(0));
}
BEAST_EXPECT(
ammAlice.expectBalances(BTC(10'000'000090), USD(10'000), IOUAmount{10'000'000}));
env.require(balance(bob, bobBTC - BTC(10)));
env.require(balance(carol, carolBTC - BTC(10)));
env.require(balance(ed, edBTC - BTC(10)));
env.require(balance(paul, paulBTC - BTC(10)));
env.require(balance(dan, danBTC - BTC(10)));
env.require(balance(chris, chrisBTC - BTC(10)));
env.require(balance(simon, simonBTC - BTC(10)));
env.require(balance(ben, benBTC - BTC(10)));
env.require(balance(natalie, natalieBTC - BTC(10)));
ammAlice.withdrawAll(alice);
BEAST_EXPECT(!ammAlice.ammExists());
env.require(balance(alice, aliceBTC + BTC(90)));
}
}
void
testAMMID()
{
testcase("AMMID");
using namespace jtx;
// MPT/XRP
testAMM(
[&](AMM& amm, Env& env) {
amm.setClose(false);
auto const info = env.rpc(
"json",
"account_info",
std::string("{\"account\": \"" + to_string(amm.ammAccount()) + "\"}"));
try
{
BEAST_EXPECT(
info[jss::result][jss::account_data][jss::AMMID].asString() ==
to_string(amm.ammID()));
}
catch (...)
{
fail();
}
amm.deposit(carol, 1'000);
auto affected = env.meta()->getJson(JsonOptions::none)[sfAffectedNodes.fieldName];
try
{
bool found = false;
for (auto const& node : affected)
{
if (node.isMember(sfModifiedNode.fieldName) &&
node[sfModifiedNode.fieldName][sfLedgerEntryType.fieldName]
.asString() == "AccountRoot" &&
node[sfModifiedNode.fieldName][sfFinalFields.fieldName][jss::Account]
.asString() == to_string(amm.ammAccount()))
{
found =
node[sfModifiedNode.fieldName][sfFinalFields.fieldName][jss::AMMID]
.asString() == to_string(amm.ammID());
break;
}
}
BEAST_EXPECT(found);
}
catch (...)
{
fail();
}
},
{{XRP(1000), AMMMPT(1000'000)}});
}
void
testSelection(FeatureBitset features)
{
testcase("Offer/Strand Selection");
using namespace jtx;
Account const ed("ed");
Account const gw1("gw1");
// These tests are expected to fail if the OwnerPaysFee feature
// is ever supported. Updates will need to be made to AMM handling
// in the payment engine, and these tests will need to be updated.
struct MPTList
{
MPTTester const USD;
MPTTester const ETH;
MPTTester const CAN;
};
auto prep = [&](Env& env, uint16_t gwTransferFee, uint16_t gw1TransferFee) -> MPTList {
env.fund(XRP(2'000), gw, gw1, alice, bob, carol, ed);
MPTTester USD(
{.env = env,
.issuer = gw,
.holders = {alice, bob, carol, ed},
.transferFee = gwTransferFee,
.pay = 2'000'000'000,
.flags = MPTDEXFlags});
MPTTester ETH(
{.env = env,
.issuer = gw1,
.holders = {alice, bob, carol, ed},
.transferFee = gw1TransferFee,
.pay = 2'000'000'000,
.flags = MPTDEXFlags});
MPTTester CAN(
{.env = env,
.issuer = gw1,
.holders = {alice, bob, carol, ed},
.transferFee = gw1TransferFee,
.pay = 2'000'000'000,
.flags = MPTDEXFlags});
env.close();
return MPTList{
.USD = std::move(USD),
.ETH = std::move(ETH),
.CAN = std::move(CAN),
};
};
std::uint32_t constexpr lowRate = 10'000;
std::uint32_t constexpr highRate = 50'000;
for (auto const& rates :
{std::make_pair(lowRate, highRate), std::make_pair(highRate, lowRate)})
{
// Offer Selection
// Cross-currency payment: AMM has the same spot price quality
// as CLOB's offer and can't generate a better quality offer.
// The transfer fee in this case doesn't change the CLOB quality
// because trIn is ignored on adjustment and trOut on payment is
// also ignored because ownerPaysTransferFee is false in this
// case. Run test for 0) offer, 1) AMM, 2) offer and AMM to
// verify that the quality is better in the first case, and CLOB
// is selected in the second case.
{
std::array<Quality, 3> q{};
for (auto i = 0; i < 3; ++i)
{
Env env(*this, features);
auto mpts = prep(env, rates.first, rates.second);
auto USD = mpts.USD;
auto ETH = mpts.ETH;
auto CAN = mpts.CAN;
std::optional<AMM> amm;
if (i == 0 || i == 2)
{
env(offer(ed, ETH(400'000'000), USD(400'000'000)), txflags(tfPassive));
env.close();
}
if (i > 0)
amm.emplace(env, ed, USD(1'000'000'000), ETH(1'000'000'000));
env(pay(carol, bob, USD(100'000'000)),
path(~MPT(USD)),
sendmax(ETH(500'000'000)));
env.close();
// CLOB and AMM, AMM is not selected
if (i == 2)
{
BEAST_EXPECT(amm->expectBalances(
USD(1'000'000'000), ETH(1'000'000'000), amm->tokens()));
}
env.require(balance(bob, USD(2'100'000'000)));
q[i] = Quality(
Amounts{
ETH(2'000'000'000) - env.balance(carol, MPT(ETH)),
env.balance(bob, MPT(USD)) - USD(2'000'000'000)});
}
// CLOB is better quality than AMM
BEAST_EXPECT(q[0] > q[1]);
// AMM is not selected with CLOB
BEAST_EXPECT(q[0] == q[2]);
}
// Offer crossing: AMM has the same spot price quality
// as CLOB's offer and can't generate a better quality offer.
// The transfer fee in this case doesn't change the CLOB quality
// because the quality adjustment is ignored for the offer
// crossing.
for (auto i = 0; i < 3; ++i)
{
Env env(*this, features);
auto mpts = prep(env, rates.first, rates.second);
auto USD = mpts.USD;
auto ETH = mpts.ETH;
auto CAN = mpts.CAN;
std::optional<AMM> amm;
if (i == 0 || i == 2)
{
env(offer(ed, ETH(400'000'000), USD(400'000'000)), txflags(tfPassive));
env.close();
}
if (i > 0)
amm.emplace(env, ed, USD(1'000'000'000), ETH(1'000'000'000));
env(offer(alice, USD(400'000'000), ETH(400'000'000)));
env.close();
// AMM is not selected
if (i > 0)
{
BEAST_EXPECT(
amm->expectBalances(USD(1'000'000'000), ETH(1'000'000'000), amm->tokens()));
}
if (i == 0 || i == 2)
{
// Fully crosses
BEAST_EXPECT(expectOffers(env, alice, 0));
}
// Fails to cross because AMM is not selected
else
{
BEAST_EXPECT(
expectOffers(env, alice, 1, {Amounts{USD(400'000'000), ETH(400'000'000)}}));
}
BEAST_EXPECT(expectOffers(env, ed, 0));
}
// Show that the CLOB quality reduction
// results in AMM offer selection.
// Same as the payment but reduced offer quality
{
std::array<Quality, 3> q{};
for (auto i = 0; i < 3; ++i)
{
Env env(*this, features);
auto mpts = prep(env, rates.first, rates.second);
auto USD = mpts.USD;
auto ETH = mpts.ETH;
auto CAN = mpts.CAN;
std::optional<AMM> amm;
if (i == 0 || i == 2)
{
env(offer(ed, ETH(400'000'000), USD(330'000'000)), txflags(tfPassive));
env.close();
}
if (i > 0)
amm.emplace(env, ed, USD(1'000'000'000), ETH(1'000'000'000));
env(pay(carol, bob, USD(100'000'000)),
path(~MPT(USD)),
sendmax(ETH(500'000'000)));
env.close();
// AMM and CLOB are selected
if (i > 0)
{
BEAST_EXPECT(!amm->expectBalances(
USD(1'000'000'000), ETH(1'000'000'000), amm->tokens()));
}
if (i == 2)
{
if (rates.first == lowRate)
{
BEAST_EXPECT(expectOffers(
env,
ed,
1,
{{Amounts{
ETH(377'824'111),
USD(311'704'892),
}}}));
}
else
{
BEAST_EXPECT(expectOffers(
env,
ed,
1,
{{Amounts{
ETH(329'339'263),
USD(271'704'892),
}}}));
}
}
env.require(balance(bob, USD(2'100'000'000)));
q[i] = Quality(
Amounts{
ETH(2'000'000'000) - env.balance(carol, MPT(ETH)),
env.balance(bob, MPT(USD)) - USD(2'000'000'000)});
}
// AMM is better quality
BEAST_EXPECT(q[1] > q[0]);
// AMM and CLOB produce better quality
BEAST_EXPECT(q[2] > q[1]);
}
// Same as the offer-crossing but reduced offer quality
for (auto i = 0; i < 3; ++i)
{
Env env(*this, features);
auto mpts = prep(env, rates.first, rates.second);
auto USD = mpts.USD;
auto ETH = mpts.ETH;
auto CAN = mpts.CAN;
std::optional<AMM> amm;
if (i == 0 || i == 2)
{
env(offer(ed, ETH(400'000'000), USD(325'000'002)), txflags(tfPassive));
env.close();
}
if (i > 0)
amm.emplace(env, ed, USD(1'000'000'000), ETH(1'000'000'000));
env(offer(alice, USD(325'000'000), ETH(400'000'000)));
env.close();
// AMM is selected in both cases
if (i > 0)
{
BEAST_EXPECT(!amm->expectBalances(
USD(1'000'000'000), ETH(1'000'000'000), amm->tokens()));
}
// Partially crosses, AMM is selected, CLOB fails
// limitQuality
if (i == 2)
{
if (rates.first == lowRate)
{
// Ed offer is partially crossed.
// The updated rounding makes limitQuality
// work if both amendments are enabled
BEAST_EXPECT(expectOffers(
env,
ed,
1,
{{Amounts{
ETH(121'368'836),
USD(98'612'180),
}}}));
BEAST_EXPECT(expectOffers(env, alice, 0));
}
else
{
// Ed offer is partially crossed.
BEAST_EXPECT(expectOffers(
env,
ed,
1,
{{Amounts{
ETH(121'368'836),
USD(98'612'180),
}}}));
BEAST_EXPECT(expectOffers(env, alice, 0));
}
}
}
// Strand selection
// Two book steps strand quality is 1.
// AMM strand's best quality is equal to AMM's spot price
// quality, which is 1. Both strands (steps) are adjusted
// for the transfer fee in qualityUpperBound. In case
// of two strands, AMM offers have better quality and are
// consumed first, remaining liquidity is generated by CLOB
// offers. Liquidity from two strands is better in this case
// than in case of one strand with two book steps. Liquidity
// from one strand with AMM has better quality than either one
// strand with two book steps or two strands. It may appear
// unintuitive, but one strand with AMM is optimized and
// generates one AMM offer, while in case of two strands,
// multiple AMM offers are generated, which results in slightly
// worse overall quality.
{
std::array<Quality, 3> q{};
for (auto i = 0; i < 3; ++i)
{
Env env(*this, features);
auto mpts = prep(env, rates.first, rates.second);
auto USD = mpts.USD;
auto ETH = mpts.ETH;
auto CAN = mpts.CAN;
std::optional<AMM> amm;
if (i == 0 || i == 2)
{
env(offer(ed, ETH(400'000'000), CAN(375'000'000)), txflags(tfPassive));
env(offer(ed, CAN(375'000'000), USD(338'000'000))), txflags(tfPassive);
}
if (i > 0)
amm.emplace(env, ed, ETH(1'000'000'000), USD(1'000'000'000));
env(pay(carol, bob, USD(100'000'000)),
path(~MPT(USD)),
path(~MPT(CAN), ~MPT(USD)),
sendmax(ETH(600'000'000)));
env.close();
env.require(balance(bob, USD(2'100'000'000)));
if (i == 2)
{
if (rates.first == lowRate)
{
// Liquidity is consumed from AMM strand only
BEAST_EXPECT(amm->expectBalances(
ETH(1'124'584'936), USD(889'999'993), amm->tokens()));
}
else
{
BEAST_EXPECT(amm->expectBalances(
ETH(1'103'723'909), USD(906'023'688), amm->tokens()));
BEAST_EXPECT(expectOffers(
env,
ed,
2,
{{Amounts{
ETH(327'069'745),
CAN(306'627'886),
},
Amounts{
CAN(312'843'533),
USD(281'976'305),
}}}));
}
}
q[i] = Quality(
Amounts{
ETH(2'000'000'000) - env.balance(carol, MPT(ETH)),
env.balance(bob, MPT(USD)) - USD(2'000'000'000)});
}
BEAST_EXPECT(q[1] > q[0]);
BEAST_EXPECT(q[2] > q[0] && q[2] < q[1]);
}
}
}
void
testMalformed()
{
testcase("Malformed");
using namespace jtx;
testAMM(
[&](AMM& ammAlice, Env& env) {
WithdrawArg const args{
.flags = tfSingleAsset,
.err = ter(temMALFORMED),
};
ammAlice.withdraw(args);
},
{{XRP(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env& env) {
WithdrawArg const args{
.flags = tfOneAssetLPToken,
.err = ter(temMALFORMED),
};
ammAlice.withdraw(args);
},
{{XRP(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env& env) {
WithdrawArg const args{
.flags = tfLimitLPToken,
.err = ter(temMALFORMED),
};
ammAlice.withdraw(args);
},
{{XRP(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env& env) {
WithdrawArg const args{
.asset1Out = MPT(ammAlice[1])(100),
.asset2Out = MPT(ammAlice[1])(100),
.err = ter(temBAD_AMM_TOKENS),
};
ammAlice.withdraw(args);
},
{{XRP(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env& env) {
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 2'000,
.flags = tfMPTCanLock | MPTDEXFlags});
WithdrawArg const args{
.asset1Out = XRP(100),
.asset2Out = BTC(100),
.err = ter(temBAD_AMM_TOKENS),
};
ammAlice.withdraw(args);
},
{{XRP(10'000), AMMMPT(10'000)}});
testAMM(
[&](AMM& ammAlice, Env& env) {
Json::Value jv;
jv[jss::TransactionType] = jss::AMMWithdraw;
jv[jss::Flags] = tfLimitLPToken;
jv[jss::Account] = alice.human();
ammAlice.setTokens(jv);
XRP(100).value().setJson(jv[jss::Amount]);
MPTTester const BTC(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 2'000,
.flags = tfMPTCanLock | MPTDEXFlags});
BTC(100).value().setJson(jv[jss::EPrice]);
env(jv, ter(telENV_RPC_FAILED));
},
{{XRP(10'000), AMMMPT(10'000)}});
}
void
testFixAMMOfferBlockedByLOB(FeatureBitset features)
{
testcase("AMM Offer Blocked By LOB");
using namespace jtx;
// Low quality LOB offer blocks AMM liquidity
// USD/MPT crosses AMM despite of low quality LOB
{
Env env(*this, features);
fund(env, gw, {alice, carol}, XRP(1'000'000), {USD(1'000'000)});
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 40'000'000000,
.flags = MPTDEXFlags});
env(offer(alice, BTC(1), USD(0.01)));
env.close();
AMM const amm(env, gw, BTC(200'000), USD(100'000));
env(offer(carol, USD(0.49), BTC(1)));
env.close();
if (!features[fixAMMv1_1] && !features[fixAMMv1_3])
{
BEAST_EXPECT(amm.expectBalances(BTC(200'000), USD(100'000), amm.tokens()));
BEAST_EXPECT(expectOffers(env, alice, 1, {{Amounts{BTC(1), USD(0.01)}}}));
BEAST_EXPECT(expectOffers(env, carol, 1, {{Amounts{USD(0.49), BTC(1)}}}));
}
if (features[fixAMMv1_1] && features[fixAMMv1_3])
{
BEAST_EXPECT(amm.expectBalances(BTC(200'001), USD(99'999.51), amm.tokens()));
BEAST_EXPECT(expectOffers(env, alice, 1, {{Amounts{BTC(1), USD(0.01)}}}));
// Carol's offer crosses AMM
BEAST_EXPECT(expectOffers(env, carol, 0));
}
}
// XRP/MPT crosses AMM despite of low quality LOB
{
Env env(*this, features);
fund(env, gw, {alice, carol}, XRP(1'000'000), {USD(1'000'000)});
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, carol},
.pay = 40'000'000000,
.flags = MPTDEXFlags});
env(offer(alice, BTC(1), XRP(0.01)));
env.close();
AMM const amm(env, gw, BTC(200'000), XRP(100'000));
env(offer(carol, XRP(0.49), BTC(1)));
env.close();
if (!features[fixAMMv1_1] && !features[fixAMMv1_3])
{
BEAST_EXPECT(amm.expectBalances(BTC(200'000), XRP(100'000), amm.tokens()));
BEAST_EXPECT(expectOffers(env, alice, 1, {{Amounts{BTC(1), XRP(0.01)}}}));
BEAST_EXPECT(expectOffers(env, carol, 1, {{Amounts{XRP(0.49), BTC(1)}}}));
}
if (features[fixAMMv1_1] && features[fixAMMv1_3])
{
BEAST_EXPECT(amm.expectBalances(BTC(200'001), XRP(99'999.51), amm.tokens()));
BEAST_EXPECT(expectOffers(env, alice, 1, {{Amounts{BTC(1), XRP(0.01)}}}));
// Carol's offer crosses AMM
BEAST_EXPECT(expectOffers(env, carol, 0));
}
}
}
void
testLPTokenBalance(FeatureBitset features)
{
testcase("LPToken Balance");
using namespace jtx;
Env env(*this, features);
Account const gw{"gateway"}, alice{"alice"}, bob{"bob"};
env.fund(XRP(100000), gw, alice, bob);
env.close();
env(fset(gw, asfAllowTrustLineClawback));
env.close();
auto const USD = gw["USD"];
env.trust(USD(100000), alice);
env(pay(gw, alice, USD(50000)));
env.trust(USD(100000), bob);
env(pay(gw, bob, USD(40000)));
env.close();
MPT const BTC = MPTTester(
{.env = env,
.issuer = gw,
.holders = {alice, bob},
.pay = 40'000'000000,
.flags = tfMPTCanClawback | tfMPTCanLock | MPTDEXFlags});
AMM amm(env, alice, BTC(2), USD(1));
amm.deposit(alice, IOUAmount{1'876123487565916, -15});
amm.deposit(bob, IOUAmount{1'000});
amm.withdraw(alice, IOUAmount{1'876123487565916, -15});
amm.withdrawAll(bob);
auto const lpToken =
getAccountLines(env, alice, amm.lptIssue())[jss::lines][0u][jss::balance].asString();
auto const lpTokenBalance =
amm.ammRpcInfo()[jss::amm][jss::lp_token][jss::value].asString();
BEAST_EXPECT(lpToken == "1.414213562374011" && lpTokenBalance == "1.4142135623741");
auto res = isOnlyLiquidityProvider(*env.current(), amm.lptIssue(), alice);
BEAST_EXPECT(res && res.value());
amm.withdrawAll(alice);
BEAST_EXPECT(!amm.ammExists());
}
void
testAMMDepositWithFrozenAssets()
{
testcase("test AMMDeposit with frozen assets");
using namespace jtx;
// This lambda function is used to create trustline, MPT.
// and create an AMM account.
// And also test the callback function.
auto testAMMDeposit = [&](Env& env, std::function<void(AMM & amm, MPTTester & BTC)> cb) {
env.fund(XRP(1'000), gw, alice);
env.close();
MPTTester BTC(
{.env = env,
.issuer = gw,
.holders = {alice},
.pay = 30'000,
.flags = tfMPTCanLock | MPTDEXFlags});
AMM amm(env, alice, BTC(100), XRP(100));
env.close();
BTC.set({.holder = alice, .flags = tfMPTLock});
cb(amm, BTC);
};
// Deposit two assets, one of which is frozen,
// then we should get tecFROZEN error.
{
Env env(*this);
testAMMDeposit(env, [&](AMM& amm, MPTTester& BTC) {
amm.deposit(alice, BTC(100), XRP(100), std::nullopt, tfTwoAsset, ter(tecFROZEN));
});
}
// Deposit one asset, which is the frozen token,
// then we should get tecFROZEN error.
{
Env env(*this);
testAMMDeposit(env, [&](AMM& amm, MPTTester& BTC) {
amm.deposit(
alice, BTC(100), std::nullopt, std::nullopt, tfSingleAsset, ter(tecFROZEN));
});
}
// Deposit one asset which is not the frozen token,
// but the other asset is frozen. We should get tecFROZEN error
// when feature AMMClawback is enabled.
{
Env env(*this);
testAMMDeposit(env, [&](AMM& amm, MPTTester& BTC) {
amm.deposit(
alice, XRP(100), std::nullopt, std::nullopt, tfSingleAsset, ter(tecFROZEN));
});
}
}
void
testAutoDelete()
{
testcase("Auto Delete");
using namespace jtx;
FeatureBitset const all{testable_amendments()};
{
Env env(
*this,
envconfig([](std::unique_ptr<Config> cfg) {
cfg->FEES.reference_fee = XRPAmount(1);
return cfg;
}),
all);
env.fund(XRP(1'000), gw, alice);
MPTTester const USD({.env = env, .issuer = gw, .holders = {alice}, .pay = 20'000});
MPTTester const BTC({.env = env, .issuer = gw, .holders = {alice}, .pay = 20'000});
AMM amm(env, gw, USD(10'000), BTC(10'000));
for (auto i = 0; i < maxDeletableAMMTrustLines + 10; ++i)
{
Account const a{std::to_string(i)};
env.fund(XRP(1'000), a);
env(trust(a, STAmount{amm.lptIssue(), 10'000}));
env.close();
}
// The trustlines are partially deleted,
// AMM is set to an empty state.
amm.withdrawAll(gw);
BEAST_EXPECT(amm.ammExists());
// Bid,Vote,Deposit,Withdraw,SetTrust failing with
// tecAMM_EMPTY. Deposit succeeds with tfTwoAssetIfEmpty option.
env(amm.bid({
.account = alice,
.bidMin = 1000,
}),
ter(tecAMM_EMPTY));
amm.vote({.account = alice, .tfee = 100, .err = ter(tecAMM_EMPTY)});
amm.withdraw({.account = alice, .tokens = 100, .err = ter(tecAMM_EMPTY)});
amm.deposit({.account = alice, .asset1In = USD(100), .err = ter(tecAMM_EMPTY)});
env(trust(alice, STAmount{amm.lptIssue(), 10'000}), ter(tecAMM_EMPTY));
// Can deposit with tfTwoAssetIfEmpty option
amm.deposit(
{.account = alice,
.asset1In = USD(1'000),
.asset2In = BTC(1'000),
.flags = tfTwoAssetIfEmpty,
.tfee = 1'000});
BEAST_EXPECT(amm.expectBalances(USD(1'000), BTC(1'000), IOUAmount{1'000}));
BEAST_EXPECT(amm.expectTradingFee(1'000));
BEAST_EXPECT(amm.expectAuctionSlot(100, 0, IOUAmount{0}));
// Withdrawing all tokens deletes AMM since the number
// of remaining trustlines is less than max
amm.withdrawAll(alice);
BEAST_EXPECT(!amm.ammExists());
BEAST_EXPECT(!env.le(keylet::ownerDir(amm.ammAccount())));
}
{
Env env(
*this,
envconfig([](std::unique_ptr<Config> cfg) {
cfg->FEES.reference_fee = XRPAmount(1);
return cfg;
}),
all);
env.fund(XRP(1'000), gw, alice);
MPTTester const USD({.env = env, .issuer = gw, .holders = {alice}, .pay = 20'000});
MPTTester const BTC({.env = env, .issuer = gw, .holders = {alice}, .pay = 20'000});
AMM amm(env, gw, USD(10'000), BTC(10'000));
for (auto i = 0; i < (maxDeletableAMMTrustLines * 2) + 10; ++i)
{
Account const a{std::to_string(i)};
env.fund(XRP(1'000), a);
env(trust(a, STAmount{amm.lptIssue(), 10'000}));
env.close();
}
// The trustlines are partially deleted.
amm.withdrawAll(gw);
BEAST_EXPECT(amm.ammExists());
// AMMDelete has to be called twice to delete AMM.
amm.ammDelete(alice, ter(tecINCOMPLETE));
BEAST_EXPECT(amm.ammExists());
// Deletes remaining trustlines and deletes AMM.
amm.ammDelete(alice);
BEAST_EXPECT(!amm.ammExists());
BEAST_EXPECT(!env.le(keylet::ownerDir(amm.ammAccount())));
// Try redundant delete
amm.ammDelete(alice, ter(terNO_AMM));
}
{
Env env(
*this,
envconfig([](std::unique_ptr<Config> cfg) {
cfg->FEES.reference_fee = XRPAmount(1);
return cfg;
}),
all);
env.fund(XRP(1'000), gw, alice, carol);
MPTTester const USD(
{.env = env, .issuer = gw, .holders = {alice, carol}, .pay = 20'000});
MPTTester const BTC(
{.env = env, .issuer = gw, .holders = {alice, carol}, .pay = 20'000});
AMM amm(env, gw, USD(10'000), BTC(10'000));
amm.deposit({.account = alice, .tokens = 1'000});
amm.deposit({.account = carol, .tokens = 1'000});
amm.withdrawAll(alice);
amm.withdrawAll(carol);
amm.withdrawAll(gw);
BEAST_EXPECT(!amm.ammExists());
}
// This test validates both invariant changes work together for
// the specific case of MPT/MPT pools with > maxDeletableAMMTrustLines.
{
Env env(
*this,
envconfig([](std::unique_ptr<Config> cfg) {
cfg->FEES.reference_fee = XRPAmount(1);
return cfg;
}),
all);
env.fund(XRP(1'000), gw, alice);
MPT const USD =
MPTTester({.env = env, .issuer = gw, .holders = {alice}, .pay = 20'000});
MPT const BTC =
MPTTester({.env = env, .issuer = gw, .holders = {alice}, .pay = 20'000});
// MPT/MPT pool with MANY trustlines
AMM amm(env, gw, USD(10'000), BTC(10'000));
for (auto i = 0; i < (maxDeletableAMMTrustLines * 2) + 10; ++i)
{
Account const a{std::to_string(i)};
env.fund(XRP(1'000), a);
env(trust(a, STAmount{amm.lptIssue(), 10'000}));
env.close();
}
amm.withdrawAll(gw);
// AMM is in empty state, but can't be auto-deleted because of the LPTokens trustlines.
BEAST_EXPECT(amm.expectBalances(USD(0), BTC(0), IOUAmount(0)));
BEAST_EXPECT(amm.ammExists());
// Critical: MPT/MPT pool + tecINCOMPLETE
amm.ammDelete(alice, ter(tecINCOMPLETE));
BEAST_EXPECT(amm.ammExists());
amm.ammDelete(alice);
BEAST_EXPECT(!amm.ammExists());
}
}
void
run() override
{
FeatureBitset const all{jtx::testable_amendments()};
testInstanceCreate();
testInvalidInstance();
testInvalidDeposit(all);
testInvalidDeposit(all - featureAMMClawback);
testDeposit();
testInvalidWithdraw();
testWithdraw();
testInvalidFeeVote();
testFeeVote();
testInvalidBid();
testBid(all);
testClawback();
testClawbackFromAMMAccount(all);
testClawbackFromAMMAccount(all - featureSingleAssetVault);
testInvalidAMMPayment();
testBasicPaymentEngine();
testAMMTokens();
testAmendment();
testAMMAndCLOB(all);
testTradingFee(all);
testTradingFee(all - fixAMMv1_3);
testAdjustedTokens(all);
testAMMID();
testSelection(all);
testMalformed();
testFixAMMOfferBlockedByLOB(all - fixAMMv1_1 - fixAMMv1_3);
testFixAMMOfferBlockedByLOB(all);
testLPTokenBalance(all);
testLPTokenBalance(all - fixAMMv1_3);
testAMMDepositWithFrozenAssets();
testAutoDelete();
}
};
BEAST_DEFINE_TESTSUITE_PRIO(AMMMPT, app, xrpl, 1);
} // namespace test
} // namespace xrpl