LBFactory

Git Source

Inherits:
Ownable2Step, AccessControl, ILBFactory

Author:
Trader Joe

Contract used to deploy and register new LBPairs.
Enables setting fee parameters, flashloan fees and LBPair implementation.
Unless the isOpen is true, only the owner of the factory can create pairs.

State Variables

LB_HOOKS_MANAGER_ROLE

bytes32 public constant LB_HOOKS_MANAGER_ROLE = keccak256("LB_HOOKS_MANAGER_ROLE");

_OFFSET_IS_PRESET_OPEN

uint256 private constant _OFFSET_IS_PRESET_OPEN = 255;

_MIN_BIN_STEP

uint256 private constant _MIN_BIN_STEP = 1;

_MAX_FLASHLOAN_FEE

uint256 private constant _MAX_FLASHLOAN_FEE = 0.1e18;

_feeRecipient

address private _feeRecipient;

_flashLoanFee

uint256 private _flashLoanFee;

_lbPairImplementation

address private _lbPairImplementation;

_allLBPairs

ILBPair[] private _allLBPairs;

_lbPairsInfo

Mapping from a (tokenA, tokenB, binStep) to a LBPair. The tokens are ordered to save gas, but they can be
in the reverse order in the actual pair.
Always query one of the 2 tokens of the pair to assert the order of the 2 tokens

mapping(IERC20 => mapping(IERC20 => mapping(uint256 => LBPairInformation))) private _lbPairsInfo;

_presets

EnumerableMap.UintToUintMap private _presets;

_quoteAssetWhitelist

EnumerableSet.AddressSet private _quoteAssetWhitelist;

_availableLBPairBinSteps

Mapping from a (tokenA, tokenB) to a set of available bin steps, this is used to keep track of the
bin steps that are already used for a pair.
The tokens are ordered to save gas, but they can be in the reverse order in the actual pair.
Always query one of the 2 tokens of the pair to assert the order of the 2 tokens

mapping(IERC20 => mapping(IERC20 => EnumerableSet.UintSet)) private _availableLBPairBinSteps;

Functions

constructor

Constructor

constructor(address feeRecipient, address initialOwner, uint256 flashLoanFee) Ownable(initialOwner);

Parameters

Name	Type	Description
feeRecipient	address	The address of the fee recipient
initialOwner	address
flashLoanFee	uint256	The value of the fee for flash loan

getMinBinStep

Get the minimum bin step a pair can have

function getMinBinStep() external pure override returns (uint256 minBinStep);

Returns

Name	Type	Description
minBinStep	uint256	minBinStep

getFeeRecipient

Get the protocol fee recipient

function getFeeRecipient() external view override returns (address feeRecipient);

Returns

Name	Type	Description
feeRecipient	address	feeRecipient

getMaxFlashLoanFee

Get the maximum fee percentage for flashLoans

function getMaxFlashLoanFee() external pure override returns (uint256 maxFee);

Returns

Name	Type	Description
maxFee	uint256	maxFee

getFlashLoanFee

Get the fee for flash loans, in 1e18

function getFlashLoanFee() external view override returns (uint256 flashLoanFee);

Returns

Name	Type	Description
flashLoanFee	uint256	The fee for flash loans, in 1e18

getLBPairImplementation

Get the address of the LBPair implementation

function getLBPairImplementation() external view override returns (address lbPairImplementation);

Returns

Name	Type	Description
lbPairImplementation	address	The address of the LBPair implementation

getNumberOfLBPairs

View function to return the number of LBPairs created

function getNumberOfLBPairs() external view override returns (uint256 lbPairNumber);

Returns

Name	Type	Description
lbPairNumber	uint256	lbPairNumber

getLBPairAtIndex

View function to return the LBPair created at index index

function getLBPairAtIndex(uint256 index) external view override returns (ILBPair lbPair);

Parameters

Name	Type	Description
index	uint256	The index

Returns

Name	Type	Description
lbPair	ILBPair	The address of the LBPair at index index

getNumberOfQuoteAssets

View function to return the number of quote assets whitelisted

function getNumberOfQuoteAssets() external view override returns (uint256 numberOfQuoteAssets);

Returns

Name	Type	Description
numberOfQuoteAssets	uint256	The number of quote assets

getQuoteAssetAtIndex

View function to return the quote asset whitelisted at index index

function getQuoteAssetAtIndex(uint256 index) external view override returns (IERC20 asset);

Parameters

Name	Type	Description
index	uint256	The index

Returns

Name	Type	Description
asset	IERC20	The address of the quoteAsset at index index

isQuoteAsset

View function to return whether a token is a quotedAsset (true) or not (false)

function isQuoteAsset(IERC20 token) external view override returns (bool isQuote);

Parameters

Name	Type	Description
token	IERC20	The address of the asset

Returns

Name	Type	Description
isQuote	bool	Whether the token is a quote asset or not

getLBPairInformation

Returns the LBPairInformation if it exists,
if not, then the address 0 is returned. The order doesn't matter

function getLBPairInformation(IERC20 tokenA, IERC20 tokenB, uint256 binStep)
    external
    view
    override
    returns (LBPairInformation memory lbPairInformation);

Parameters

Name	Type	Description
tokenA	IERC20	The address of the first token of the pair
tokenB	IERC20	The address of the second token of the pair
binStep	uint256	The bin step of the LBPair

Returns

Name	Type	Description
lbPairInformation	LBPairInformation	The LBPairInformation

getPreset

View function to return the different parameters of the preset
Will revert if the preset doesn't exist

function getPreset(uint256 binStep)
    external
    view
    override
    returns (
        uint256 baseFactor,
        uint256 filterPeriod,
        uint256 decayPeriod,
        uint256 reductionFactor,
        uint256 variableFeeControl,
        uint256 protocolShare,
        uint256 maxVolatilityAccumulator,
        bool isOpen
    );

Parameters

Name	Type	Description
binStep	uint256	The bin step of the preset

Returns

Name	Type	Description
baseFactor	uint256	The base factor
filterPeriod	uint256	The filter period of the preset
decayPeriod	uint256	The decay period of the preset
reductionFactor	uint256	The reduction factor of the preset
variableFeeControl	uint256	The variable fee control of the preset
protocolShare	uint256	The protocol share of the preset
maxVolatilityAccumulator	uint256	The max volatility accumulator of the preset
isOpen	bool	Whether the preset is open or not

getAllBinSteps

View function to return the list of available binStep with a preset

function getAllBinSteps() external view override returns (uint256[] memory binStepWithPreset);

Returns

Name	Type	Description
binStepWithPreset	uint256[]	The list of binStep

getOpenBinSteps

View function to return the list of open binSteps

function getOpenBinSteps() external view override returns (uint256[] memory openBinStep);

Returns

Name	Type	Description
openBinStep	uint256[]	The list of open binSteps

getAllLBPairs

View function to return all the LBPair of a pair of tokens

function getAllLBPairs(IERC20 tokenX, IERC20 tokenY)
    external
    view
    override
    returns (LBPairInformation[] memory lbPairsAvailable);

Parameters

Name	Type	Description
tokenX	IERC20	The first token of the pair
tokenY	IERC20	The second token of the pair

Returns

Name	Type	Description
lbPairsAvailable	LBPairInformation[]	The list of available LBPairs

setLBPairImplementation

Set the LBPair implementation address

Needs to be called by the owner

function setLBPairImplementation(address newLBPairImplementation) external override onlyOwner;

Parameters

Name	Type	Description
newLBPairImplementation	address	The address of the implementation

createLBPair

Create a liquidity bin LBPair for tokenX and tokenY

function createLBPair(IERC20 tokenX, IERC20 tokenY, uint24 activeId, uint16 binStep)
    external
    override
    returns (ILBPair pair);

Parameters

Name	Type	Description
tokenX	IERC20	The address of the first token
tokenY	IERC20	The address of the second token
activeId	uint24	The active id of the pair
binStep	uint16	The bin step in basis point, used to calculate log(1 + binStep / 10_000)

Returns

Name	Type	Description
pair	ILBPair	The address of the newly created LBPair

setLBPairIgnored

Function to set whether the pair is ignored or not for routing, it will make the pair unusable by the router

*Needs to be called by the owner
Reverts if:

• The pair doesn't exist
• The ignored state is already in the same state*

function setLBPairIgnored(IERC20 tokenX, IERC20 tokenY, uint16 binStep, bool ignored) external override onlyOwner;

Parameters

Name	Type	Description
tokenX	IERC20	The address of the first token of the pair
tokenY	IERC20	The address of the second token of the pair
binStep	uint16	The bin step in basis point of the pair
ignored	bool	Whether to ignore (true) or not (false) the pair for routing

setPreset

Sets the preset parameters of a bin step

*Needs to be called by the owner
Reverts if:

• The binStep is lower than the minimum bin step*

function setPreset(
    uint16 binStep,
    uint16 baseFactor,
    uint16 filterPeriod,
    uint16 decayPeriod,
    uint16 reductionFactor,
    uint24 variableFeeControl,
    uint16 protocolShare,
    uint24 maxVolatilityAccumulator,
    bool isOpen
) external override onlyOwner;

Parameters

Name	Type	Description
binStep	uint16	The bin step in basis point, used to calculate the price
baseFactor	uint16	The base factor, used to calculate the base fee, baseFee = baseFactor * binStep
filterPeriod	uint16	The period where the accumulator value is untouched, prevent spam
decayPeriod	uint16	The period where the accumulator value is decayed, by the reduction factor
reductionFactor	uint16	The reduction factor, used to calculate the reduction of the accumulator
variableFeeControl	uint24	The variable fee control, used to control the variable fee, can be 0 to disable it
protocolShare	uint16	The share of the fees received by the protocol
maxVolatilityAccumulator	uint24	The max value of the volatility accumulator
isOpen	bool

setPresetOpenState

Sets if the preset is open or not to be used by users

*Needs to be called by the owner
Reverts if:

• The binStep doesn't have a preset
• The preset is already in the same state*

function setPresetOpenState(uint16 binStep, bool isOpen) external override onlyOwner;

Parameters

Name	Type	Description
binStep	uint16	The bin step in basis point, used to calculate the price
isOpen	bool	Whether the preset is open or not

removePreset

Remove the preset linked to a binStep

*Needs to be called by the owner
Reverts if:

• The binStep doesn't have a preset*

function removePreset(uint16 binStep) external override onlyOwner;

Parameters

Name	Type	Description
binStep	uint16	The bin step to remove

setFeesParametersOnPair

Function to set the fee parameter of a LBPair

*Needs to be called by the owner
Reverts if:

• The pair doesn't exist*

function setFeesParametersOnPair(
    IERC20 tokenX,
    IERC20 tokenY,
    uint16 binStep,
    uint16 baseFactor,
    uint16 filterPeriod,
    uint16 decayPeriod,
    uint16 reductionFactor,
    uint24 variableFeeControl,
    uint16 protocolShare,
    uint24 maxVolatilityAccumulator
) external override onlyOwner;

Parameters

Name	Type	Description
tokenX	IERC20	The address of the first token
tokenY	IERC20	The address of the second token
binStep	uint16	The bin step in basis point, used to calculate the price
baseFactor	uint16	The base factor, used to calculate the base fee, baseFee = baseFactor * binStep
filterPeriod	uint16	The period where the accumulator value is untouched, prevent spam
decayPeriod	uint16	The period where the accumulator value is decayed, by the reduction factor
reductionFactor	uint16	The reduction factor, used to calculate the reduction of the accumulator
variableFeeControl	uint24	The variable fee control, used to control the variable fee, can be 0 to disable it
protocolShare	uint16	The share of the fees received by the protocol
maxVolatilityAccumulator	uint24	The max value of volatility accumulator

setLBHooksParametersOnPair

Function to set the hooks parameters of a pair

*Needs to be called by an address with the LB_HOOKS_MANAGER_ROLE
Reverts if:

• The pair doesn't exist
• The hooks is address(0) or the hooks flags are all false*

function setLBHooksParametersOnPair(
    IERC20 tokenX,
    IERC20 tokenY,
    uint16 binStep,
    bytes32 hooksParameters,
    bytes calldata onHooksSetData
) external override onlyRole(LB_HOOKS_MANAGER_ROLE);

Parameters

Name	Type	Description
tokenX	IERC20	The address of the first token
tokenY	IERC20	The address of the second token
binStep	uint16	The bin step in basis point, used to calculate the price
hooksParameters	bytes32	The hooks parameters
onHooksSetData	bytes	The data to pass to the onHooksSet function

removeLBHooksOnPair

Function to remove the hooks contract from the pair

*Needs to be called by an address with the LB_HOOKS_MANAGER_ROLE
Reverts if:

• The pair doesn't exist*

function removeLBHooksOnPair(IERC20 tokenX, IERC20 tokenY, uint16 binStep)
    external
    override
    onlyRole(LB_HOOKS_MANAGER_ROLE);

Parameters

Name	Type	Description
tokenX	IERC20	The address of the first token
tokenY	IERC20	The address of the second token
binStep	uint16	The bin step in basis point, used to calculate the price

setFeeRecipient

Function to set the recipient of the fees. This address needs to be able to receive ERC20s

*Needs to be called by the owner
Reverts if:

• The feeRecipient is address(0)
• The feeRecipient is the same as the current one*

function setFeeRecipient(address feeRecipient) external override onlyOwner;

Parameters

Name	Type	Description
feeRecipient	address	The address of the recipient

setFlashLoanFee

Function to set the flash loan fee

*Needs to be called by the owner
Reverts if:

• The flashLoanFee is the same as the current one
• The flashLoanFee is above the maximum flash loan fee*

function setFlashLoanFee(uint256 flashLoanFee) external override onlyOwner;

Parameters

Name	Type	Description
flashLoanFee	uint256	The value of the fee for flash loan

addQuoteAsset

Function to add an asset to the whitelist of quote assets

*Needs to be called by the owner
Reverts if:

• The quoteAsset is already whitelisted*

function addQuoteAsset(IERC20 quoteAsset) external override onlyOwner;

Parameters

Name	Type	Description
quoteAsset	IERC20	The quote asset (e.g: NATIVE, USDC...)

removeQuoteAsset

Function to remove an asset from the whitelist of quote assets

*Needs to be called by the owner
Reverts if:

• The quoteAsset was not whitelisted*

function removeQuoteAsset(IERC20 quoteAsset) external override onlyOwner;

Parameters

Name	Type	Description
quoteAsset	IERC20	The quote asset (e.g: NATIVE, USDC...)

_isPresetOpen

function _isPresetOpen(bytes32 preset) internal pure returns (bool);

_setFeeRecipient

Internal function to set the recipient of the fee

function _setFeeRecipient(address feeRecipient) internal;

Parameters

Name	Type	Description
feeRecipient	address	The address of the recipient

forceDecay

Function to force the decay of the volatility accumulator of a pair

Needs to be called by the owner

function forceDecay(ILBPair pair) external override onlyOwner;

Parameters

Name	Type	Description
pair	ILBPair	The pair to force the decay

_getLBPairInformation

Returns the LBPairInformation if it exists,
if not, then the address 0 is returned. The order doesn't matter

function _getLBPairInformation(IERC20 tokenA, IERC20 tokenB, uint256 binStep)
    private
    view
    returns (LBPairInformation memory);

Parameters

Name	Type	Description
tokenA	IERC20	The address of the first token of the pair
tokenB	IERC20	The address of the second token of the pair
binStep	uint256	The bin step of the LBPair

Returns

Name	Type	Description
<none>	LBPairInformation	The LBPairInformation

_sortTokens

Private view function to sort 2 tokens in ascending order

function _sortTokens(IERC20 tokenA, IERC20 tokenB) private pure returns (IERC20, IERC20);

Parameters

Name	Type	Description
tokenA	IERC20	The first token
tokenB	IERC20	The second token

Returns

Name	Type	Description
<none>	IERC20	The sorted first token
<none>	IERC20	The sorted second token

_setLBHooksParametersOnPair

Internal function to set a hooks contract to the pair

function _setLBHooksParametersOnPair(
    IERC20 tokenX,
    IERC20 tokenY,
    uint16 binStep,
    bytes32 hooksParameters,
    bytes memory onHooksSetData
) internal;

Parameters

Name	Type	Description
tokenX	IERC20	The address of the first token
tokenY	IERC20	The address of the second token
binStep	uint16	The bin step in basis point, used to calculate the price
hooksParameters	bytes32	The hooks parameters
onHooksSetData	bytes	The data to pass to the onHooksSet function

hasRole

Returns whether the caller has the role or not, only the owner has the DEFAULT_ADMIN_ROLE

function hasRole(bytes32 role, address account) public view override returns (bool);

Parameters

Name	Type	Description
role	bytes32	The role to check
account	address	The address to check

Returns

Name	Type	Description
<none>	bool	Whether the account has the role or not

_grantRole

Grants a role to an address, the DEFAULT_ADMIN_ROLE can not be granted

function _grantRole(bytes32 role, address account) internal override returns (bool);

Parameters

Name	Type	Description
role	bytes32	The role to grant
account	address	The address to grant the role to

Returns

Name	Type	Description
<none>	bool	Whether the role has been granted or not