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Add bsv-20 futures contract (simple).
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import { assert } from 'console' | ||
import { BSV20V2 } from 'scrypt-ord' | ||
import { | ||
ByteString, | ||
byteString2Int, | ||
hash256, | ||
method, | ||
prop, | ||
PubKey, | ||
pubKey2Addr, | ||
Sig, | ||
slice, | ||
SmartContract, | ||
toByteString, | ||
Utils, | ||
} from 'scrypt-ts' | ||
import { RabinPubKey, RabinSig, RabinVerifier } from 'scrypt-ts-lib' | ||
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/** | ||
* This is a simplistic implementation of a futures contract where two parties agree | ||
* to trade a predetermined quantity of an asset (BSV-20 tokens) at a specified price at a future date. | ||
* The contract requires the full amount to be exchanged. To mitigate risk, both parties are required | ||
* to deposit collateral upon the contract's deployment. | ||
*/ | ||
export class Bsv20FuturesContractSimple extends BSV20V2 { | ||
@prop() | ||
buyer: PubKey | ||
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@prop() | ||
seller: PubKey | ||
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// Unit price of the asset. | ||
@prop() | ||
price: bigint | ||
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// Asset amount. | ||
@prop() | ||
amt: bigint | ||
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// Collateral amount. | ||
@prop() | ||
collateral: bigint | ||
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// Date at which the settlement can be carried out. | ||
@prop() | ||
settlementDate: bigint | ||
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// Deadline for settlement. | ||
@prop() | ||
deadline: bigint | ||
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@prop(true) | ||
settlementInitiated: boolean | ||
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// Oracle is used to verify tokens origin. | ||
@prop() | ||
oraclePubKey: RabinPubKey | ||
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constructor( | ||
id: ByteString, | ||
sym: ByteString, | ||
max: bigint, | ||
dec: bigint, | ||
buyer: PubKey, | ||
seller: PubKey, | ||
price: bigint, | ||
amt: bigint, | ||
collateral: bigint, | ||
settlementDate: bigint, | ||
deadline: bigint, | ||
oraclePubKey: RabinPubKey | ||
) { | ||
super(id, sym, max, dec) | ||
this.init(...arguments) | ||
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this.buyer = buyer | ||
this.seller = seller | ||
this.price = price | ||
this.amt = amt | ||
this.collateral = collateral | ||
this.settlementDate = settlementDate | ||
this.deadline = deadline | ||
this.settlementInitiated = false | ||
this.oraclePubKey = oraclePubKey | ||
} | ||
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@method() | ||
public initiateSettlement(sigBuyer: Sig) { | ||
// Check settlement date is reached. | ||
assert( | ||
this.timeLock(this.settlementDate), | ||
'settlement date not yet reached' | ||
) | ||
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// Check buyer signature. | ||
assert(this.checkSig(sigBuyer, this.buyer), 'buyer sig invalid') | ||
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// Toggle settlementInitiated flag. | ||
this.settlementInitiated = true | ||
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// Ensure buyer deposits full amount and propagate contract. | ||
let outputs = this.buildStateOutput( | ||
this.ctx.utxo.value + this.amt * this.price | ||
) | ||
outputs += this.buildChangeOutput() | ||
assert(hash256(outputs) == this.ctx.hashOutputs, 'hashOutputs mismatch') | ||
} | ||
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@method() | ||
public settle(sigSeller: Sig, oracleMsg: ByteString, oracleSig: RabinSig) { | ||
// Check if settlement is initiated. | ||
assert(this.settlementInitiated, 'settlement not initiated') | ||
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// Check seller signature | ||
assert(this.checkSig(sigSeller, this.seller), 'seller sig invalid') | ||
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// Check oracle signature. | ||
assert( | ||
RabinVerifier.verifySig(oracleMsg, oracleSig, this.oraclePubKey), | ||
'oracle sig verify failed' | ||
) | ||
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// Check that we're unlocking the UTXO specified in the oracles message. | ||
assert( | ||
slice(this.prevouts, 36n, 72n) == slice(oracleMsg, 0n, 36n), | ||
'second input is not spending specified ordinal UTXO' | ||
) | ||
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// Get token amount held by the UTXO from oracle message. | ||
const utxoTokenAmt = byteString2Int(slice(oracleMsg, 36n, 44n)) | ||
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// Check token amount is correct. | ||
assert(utxoTokenAmt == this.amt, 'invalid token amount') | ||
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// Ensure contract pays total amount to seller. Also include their collateral. | ||
let outputs = Utils.buildAddressOutput( | ||
pubKey2Addr(this.seller), | ||
this.amt * this.price + this.collateral | ||
) | ||
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// Ensure seller sends assets to buyer. | ||
outputs += BSV20V2.buildTransferOutput( | ||
pubKey2Addr(this.buyer), | ||
this.id, | ||
this.amt | ||
) | ||
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// Also return buyers collateral. | ||
outputs += Utils.buildAddressOutput( | ||
pubKey2Addr(this.buyer), | ||
this.collateral | ||
) | ||
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assert(hash256(outputs) == this.ctx.hashOutputs, 'hashOutputs mismatch') | ||
} | ||
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@method() | ||
public withdraw(sig: Sig) { | ||
// Check deadline is reached. | ||
assert(this.timeLock(this.deadline), 'deadline not yet reached') | ||
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// If settlement is initiated, pay out total amount to buyer. | ||
// If not, pay out to seller. | ||
const dest = this.settlementInitiated ? this.buyer : this.seller | ||
let outputs = Utils.buildAddressOutput( | ||
pubKey2Addr(dest), | ||
this.ctx.utxo.value | ||
) | ||
outputs += this.buildChangeOutput() | ||
assert(hash256(outputs) == this.ctx.hashOutputs, 'hashOutputs mismatch') | ||
} | ||
} |