AMMCreate.cpp

#include <xrpld/app/ledger/OrderBookDB.h>
#include <xrpld/app/misc/AMMHelpers.h>
#include <xrpld/app/misc/AMMUtils.h>
#include <xrpld/app/tx/detail/AMMCreate.h>
 
#include <xrpl/ledger/Sandbox.h>
#include <xrpl/ledger/View.h>
#include <xrpl/protocol/AMMCore.h>
#include <xrpl/protocol/Feature.h>
#include <xrpl/protocol/STIssue.h>
#include <xrpl/protocol/TxFlags.h>
 
namespace ripple {
 
bool
AMMCreate::checkExtraFeatures(PreflightContext const& ctx)
{
    return ammEnabled(ctx.rules);
}
 
NotTEC
AMMCreate::preflight(PreflightContext const& ctx)
{
    auto const amount = ctx.tx[sfAmount];
    auto const amount2 = ctx.tx[sfAmount2];
 
    if (amount.issue() == amount2.issue())
    {
        JLOG(ctx.j.debug())
            << "AMM Instance: tokens can not have the same currency/issuer.";
        return temBAD_AMM_TOKENS;
    }
 
    if (auto const err = invalidAMMAmount(amount))
    {
        JLOG(ctx.j.debug()) << "AMM Instance: invalid asset1 amount.";
        return err;
    }
 
    if (auto const err = invalidAMMAmount(amount2))
    {
        JLOG(ctx.j.debug()) << "AMM Instance: invalid asset2 amount.";
        return err;
    }
 
    if (ctx.tx[sfTradingFee] > TRADING_FEE_THRESHOLD)
    {
        JLOG(ctx.j.debug()) << "AMM Instance: invalid trading fee.";
        return temBAD_FEE;
    }
 
    return tesSUCCESS;
}
 
XRPAmount
AMMCreate::calculateBaseFee(ReadView const& view, STTx const& tx)
{
    // The fee required for AMMCreate is one owner reserve.
    return calculateOwnerReserveFee(view, tx);
}
 
TER
AMMCreate::preclaim(PreclaimContext const& ctx)
{
    auto const accountID = ctx.tx[sfAccount];
    auto const amount = ctx.tx[sfAmount];
    auto const amount2 = ctx.tx[sfAmount2];
 
    // Check if AMM already exists for the token pair
    if (auto const ammKeylet = keylet::amm(amount.issue(), amount2.issue());
        ctx.view.read(ammKeylet))
    {
        JLOG(ctx.j.debug()) << "AMM Instance: ltAMM already exists.";
        return tecDUPLICATE;
    }
 
    if (auto const ter = requireAuth(ctx.view, amount.issue(), accountID);
        ter != tesSUCCESS)
    {
        JLOG(ctx.j.debug())
            << "AMM Instance: account is not authorized, " << amount.issue();
        return ter;
    }
 
    if (auto const ter = requireAuth(ctx.view, amount2.issue(), accountID);
        ter != tesSUCCESS)
    {
        JLOG(ctx.j.debug())
            << "AMM Instance: account is not authorized, " << amount2.issue();
        return ter;
    }
 
    // Globally or individually frozen
    if (isFrozen(ctx.view, accountID, amount.issue()) ||
        isFrozen(ctx.view, accountID, amount2.issue()))
    {
        JLOG(ctx.j.debug()) << "AMM Instance: involves frozen asset.";
        return tecFROZEN;
    }
 
    auto noDefaultRipple = [](ReadView const& view, Issue const& issue) {
        if (isXRP(issue))
            return false;
 
        if (auto const issuerAccount =
                view.read(keylet::account(issue.account)))
            return (issuerAccount->getFlags() & lsfDefaultRipple) == 0;
 
        return false;
    };
 
    if (noDefaultRipple(ctx.view, amount.issue()) ||
        noDefaultRipple(ctx.view, amount2.issue()))
    {
        JLOG(ctx.j.debug()) << "AMM Instance: DefaultRipple not set";
        return terNO_RIPPLE;
    }
 
    // Check the reserve for LPToken trustline
    STAmount const xrpBalance = xrpLiquid(ctx.view, accountID, 1, ctx.j);
    // Insufficient reserve
    if (xrpBalance <= beast::zero)
    {
        JLOG(ctx.j.debug()) << "AMM Instance: insufficient reserves";
        return tecINSUF_RESERVE_LINE;
    }
 
    auto insufficientBalance = [&](STAmount const& asset) {
        if (isXRP(asset))
            return xrpBalance < asset;
        return accountID != asset.issue().account &&
            accountHolds(
                ctx.view,
                accountID,
                asset.issue(),
                FreezeHandling::fhZERO_IF_FROZEN,
                ctx.j) < asset;
    };
 
    if (insufficientBalance(amount) || insufficientBalance(amount2))
    {
        JLOG(ctx.j.debug())
            << "AMM Instance: insufficient funds, " << amount << " " << amount2;
        return tecUNFUNDED_AMM;
    }
 
    auto isLPToken = [&](STAmount const& amount) -> bool {
        if (auto const sle =
                ctx.view.read(keylet::account(amount.issue().account)))
            return sle->isFieldPresent(sfAMMID);
        return false;
    };
 
    if (isLPToken(amount) || isLPToken(amount2))
    {
        JLOG(ctx.j.debug()) << "AMM Instance: can't create with LPTokens "
                            << amount << " " << amount2;
        return tecAMM_INVALID_TOKENS;
    }
 
    if (ctx.view.rules().enabled(featureSingleAssetVault))
    {
        if (auto const accountId = pseudoAccountAddress(
                ctx.view, keylet::amm(amount.issue(), amount2.issue()).key);
            accountId == beast::zero)
            return terADDRESS_COLLISION;
    }
 
    // If featureAMMClawback is enabled, allow AMMCreate without checking
    // if the issuer has clawback enabled
    if (ctx.view.rules().enabled(featureAMMClawback))
        return tesSUCCESS;
 
    // Disallow AMM if the issuer has clawback enabled when featureAMMClawback
    // is not enabled
    auto clawbackDisabled = [&](Issue const& issue) -> TER {
        if (isXRP(issue))
            return tesSUCCESS;
        if (auto const sle = ctx.view.read(keylet::account(issue.account));
            !sle)
            return tecINTERNAL;  // LCOV_EXCL_LINE
        else if (sle->getFlags() & lsfAllowTrustLineClawback)
            return tecNO_PERMISSION;
        return tesSUCCESS;
    };
 
    if (auto const ter = clawbackDisabled(amount.issue()); ter != tesSUCCESS)
        return ter;
    return clawbackDisabled(amount2.issue());
}
 
static std::pair<TER, bool>
applyCreate(
    ApplyContext& ctx_,
    Sandbox& sb,
    AccountID const& account_,
    beast::Journal j_)
{
    auto const amount = ctx_.tx[sfAmount];
    auto const amount2 = ctx_.tx[sfAmount2];
 
    auto const ammKeylet = keylet::amm(amount.issue(), amount2.issue());
 
    // Mitigate same account exists possibility
    auto const maybeAccount = createPseudoAccount(sb, ammKeylet.key, sfAMMID);
    // AMM account already exists (should not happen)
    if (!maybeAccount)
    {
        JLOG(j_.error()) << "AMM Instance: failed to create pseudo account.";
        return {maybeAccount.error(), false};
    }
    auto& account = *maybeAccount;
    auto const accountId = (*account)[sfAccount];
 
    // LP Token already exists. (should not happen)
    auto const lptIss = ammLPTIssue(
        amount.issue().currency, amount2.issue().currency, accountId);
    if (sb.read(keylet::line(accountId, lptIss)))
    {
        JLOG(j_.error()) << "AMM Instance: LP Token already exists.";
        return {tecDUPLICATE, false};
    }
 
    // Note, that the trustlines created by AMM have 0 credit limit.
    // This prevents shifting the balance between accounts via AMM,
    // or sending unsolicited LPTokens. This is a desired behavior.
    // A user can only receive LPTokens through affirmative action -
    // either an AMMDeposit, TrustSet, crossing an offer, etc.
 
    // Calculate initial LPT balance.
    auto const lpTokens = ammLPTokens(amount, amount2, lptIss);
 
    // Create ltAMM
    auto ammSle = std::make_shared<SLE>(ammKeylet);
    ammSle->setAccountID(sfAccount, accountId);
    ammSle->setFieldAmount(sfLPTokenBalance, lpTokens);
    auto const& [issue1, issue2] = std::minmax(amount.issue(), amount2.issue());
    ammSle->setFieldIssue(sfAsset, STIssue{sfAsset, issue1});
    ammSle->setFieldIssue(sfAsset2, STIssue{sfAsset2, issue2});
    // AMM creator gets the auction slot and the voting slot.
    initializeFeeAuctionVote(
        ctx_.view(), ammSle, account_, lptIss, ctx_.tx[sfTradingFee]);
 
    // Add owner directory to link the root account and AMM object.
    if (auto ter = dirLink(sb, accountId, ammSle); ter)
    {
        JLOG(j_.debug()) << "AMM Instance: failed to insert owner dir";
        return {ter, false};
    }
    sb.insert(ammSle);
 
    // Send LPT to LP.
    auto res = accountSend(sb, accountId, account_, lpTokens, ctx_.journal);
    if (res != tesSUCCESS)
    {
        JLOG(j_.debug()) << "AMM Instance: failed to send LPT " << lpTokens;
        return {res, false};
    }
 
    auto sendAndTrustSet = [&](STAmount const& amount) -> TER {
        if (auto const res = accountSend(
                sb,
                account_,
                accountId,
                amount,
                ctx_.journal,
                WaiveTransferFee::Yes))
            return res;
        // Set AMM flag on AMM trustline
        if (!isXRP(amount))
        {
            if (SLE::pointer sleRippleState =
                    sb.peek(keylet::line(accountId, amount.issue()));
                !sleRippleState)
                return tecINTERNAL;  // LCOV_EXCL_LINE
            else
            {
                auto const flags = sleRippleState->getFlags();
                sleRippleState->setFieldU32(sfFlags, flags | lsfAMMNode);
                sb.update(sleRippleState);
            }
        }
        return tesSUCCESS;
    };
 
    // Send asset1.
    res = sendAndTrustSet(amount);
    if (res != tesSUCCESS)
    {
        JLOG(j_.debug()) << "AMM Instance: failed to send " << amount;
        return {res, false};
    }
 
    // Send asset2.
    res = sendAndTrustSet(amount2);
    if (res != tesSUCCESS)
    {
        JLOG(j_.debug()) << "AMM Instance: failed to send " << amount2;
        return {res, false};
    }
 
    JLOG(j_.debug()) << "AMM Instance: success " << accountId << " "
                     << ammKeylet.key << " " << lpTokens << " " << amount << " "
                     << amount2;
    auto addOrderBook =
        [&](Issue const& issueIn, Issue const& issueOut, std::uint64_t uRate) {
            Book const book{issueIn, issueOut, std::nullopt};
            auto const dir = keylet::quality(keylet::book(book), uRate);
            if (auto const bookExisted = static_cast<bool>(sb.read(dir));
                !bookExisted)
                ctx_.app.getOrderBookDB().addOrderBook(book);
        };
    addOrderBook(amount.issue(), amount2.issue(), getRate(amount2, amount));
    addOrderBook(amount2.issue(), amount.issue(), getRate(amount, amount2));
 
    return {res, res == tesSUCCESS};
}
 
TER
AMMCreate::doApply()
{
    // This is the ledger view that we work against. Transactions are applied
    // as we go on processing transactions.
    Sandbox sb(&ctx_.view());
 
    auto const result = applyCreate(ctx_, sb, account_, j_);
    if (result.second)
        sb.apply(ctx_.rawView());
 
    return result.first;
}
 
}  // namespace ripple