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fix: only award redeem premium upto the secure threshold #1201

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Jan 3, 2024
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2 changes: 2 additions & 0 deletions Cargo.lock

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17 changes: 16 additions & 1 deletion crates/fee/src/lib.rs
Original file line number Diff line number Diff line change
Expand Up @@ -424,9 +424,24 @@ impl<T: Config> Pallet<T> {
///
/// * `amount` - amount in collateral (at current exchange rate)
pub fn get_premium_redeem_fee(amount: &Amount<T>) -> Result<Amount<T>, DispatchError> {
amount.checked_rounded_mul(&<PremiumRedeemFee<T>>::get(), Rounding::NearestPrefUp)
amount.checked_rounded_mul(&<PremiumRedeemFee<T>>::get(), Rounding::Down)
}

/// Get the premium redeem reward rate.
///
/// # Returns
/// Returns the premium redeem reward rate.
pub fn premium_redeem_reward_rate() -> UnsignedFixedPoint<T> {
<PremiumRedeemFee<T>>::get()
}

/// Get the fee share that users need to pay to redeem tokens.
///
/// # Returns
/// Returns the redeem fee.
pub fn get_redeem_fee_value() -> UnsignedFixedPoint<T> {
<RedeemFee<T>>::get()
}
/// Calculate punishment fee for a Vault that fails to execute a redeem
/// request before the expiry.
///
Expand Down
2 changes: 1 addition & 1 deletion crates/fee/src/types.rs
Original file line number Diff line number Diff line change
Expand Up @@ -5,7 +5,7 @@ use scale_info::TypeInfo;

pub(crate) type BalanceOf<T> = <T as currency::Config>::Balance;

pub(crate) type UnsignedFixedPoint<T> = <T as currency::Config>::UnsignedFixedPoint;
pub type UnsignedFixedPoint<T> = <T as currency::Config>::UnsignedFixedPoint;

pub(crate) type DefaultVaultId<T> = VaultId<<T as frame_system::Config>::AccountId, CurrencyId<T>>;

Expand Down
2 changes: 1 addition & 1 deletion crates/issue/src/ext.rs
Original file line number Diff line number Diff line change
Expand Up @@ -95,7 +95,7 @@ pub(crate) mod vault_registry {
}

pub fn ensure_not_banned<T: crate::Config>(vault_id: &DefaultVaultId<T>) -> DispatchResult {
<vault_registry::Pallet<T>>::_ensure_not_banned(vault_id)
<vault_registry::Pallet<T>>::ensure_not_banned(vault_id)
}

pub fn decrease_to_be_issued_tokens<T: crate::Config>(
Expand Down
3 changes: 3 additions & 0 deletions crates/redeem/rpc/Cargo.toml
Original file line number Diff line number Diff line change
Expand Up @@ -11,3 +11,6 @@ sp-runtime = { git = "https://github.com/paritytech/substrate", branch = "polkad
sp-api = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.31" }
sp-blockchain = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.31" }
redeem-rpc-runtime-api = { path = "runtime-api" }

[dependencies.oracle-rpc-runtime-api]
path = '../../oracle/rpc/runtime-api'
4 changes: 4 additions & 0 deletions crates/redeem/rpc/runtime-api/Cargo.toml
Original file line number Diff line number Diff line change
Expand Up @@ -10,6 +10,10 @@ frame-support = { git = "https://github.com/paritytech/substrate", branch = "pol
sp-api = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.31", default-features = false }
sp-std = { git = "https://github.com/paritytech/substrate", branch = "polkadot-v0.9.31", default-features = false }

[dependencies.oracle-rpc-runtime-api]
default-features = false
path = '../../../oracle/rpc/runtime-api'

[features]
default = ["std"]
std = [
Expand Down
9 changes: 8 additions & 1 deletion crates/redeem/rpc/runtime-api/src/lib.rs
Original file line number Diff line number Diff line change
Expand Up @@ -3,10 +3,14 @@
#![cfg_attr(not(feature = "std"), no_std)]

use codec::Codec;
use frame_support::dispatch::DispatchError;
use oracle_rpc_runtime_api::BalanceWrapper;
use sp_std::vec::Vec;

sp_api::decl_runtime_apis! {
pub trait RedeemApi<AccountId, H256, RedeemRequest> where
pub trait RedeemApi<VaultId, Balance, AccountId, H256, RedeemRequest> where
VaultId: Codec,
Balance: Codec,
AccountId: Codec,
H256: Codec,
RedeemRequest: Codec,
Expand All @@ -16,5 +20,8 @@ sp_api::decl_runtime_apis! {

/// Get all redeem requests for a particular vault
fn get_vault_redeem_requests(vault_id: AccountId) -> Vec<H256>;

/// Get all vaults below the premium redeem threshold, ordered in descending order of this amount
fn get_premium_redeem_vaults() -> Result<Vec<(VaultId, BalanceWrapper<Balance>)>, DispatchError>;
}
}
41 changes: 36 additions & 5 deletions crates/redeem/rpc/src/lib.rs
Original file line number Diff line number Diff line change
Expand Up @@ -6,20 +6,36 @@ use jsonrpsee::{
proc_macros::rpc,
types::error::{CallError, ErrorCode, ErrorObject},
};
use oracle_rpc_runtime_api::BalanceWrapper;
use sp_api::ProvideRuntimeApi;
use sp_blockchain::HeaderBackend;
use sp_runtime::traits::Block as BlockT;
use sp_runtime::{
traits::{Block as BlockT, MaybeDisplay, MaybeFromStr},
DispatchError,
};
use std::sync::Arc;

pub use redeem_rpc_runtime_api::RedeemApi as RedeemRuntimeApi;

fn handle_response<T, E: std::fmt::Debug>(result: Result<Result<T, DispatchError>, E>, msg: String) -> RpcResult<T> {
result
.map_err(|err| internal_err(format!("Runtime error: {:?}: {:?}", msg, err)))?
.map_err(|err| internal_err(format!("Execution error: {:?}: {:?}", msg, err)))
}

#[rpc(client, server)]
pub trait RedeemApi<BlockHash, AccountId, H256, RedeemRequest> {
pub trait RedeemApi<BlockHash, VaultId, Balance, AccountId, H256, RedeemRequest>
where
Balance: Codec + MaybeDisplay + MaybeFromStr,
{
#[method(name = "redeem_getRedeemRequests")]
fn get_redeem_requests(&self, account_id: AccountId, at: Option<BlockHash>) -> RpcResult<Vec<H256>>;

#[method(name = "redeem_getVaultRedeemRequests")]
fn get_vault_redeem_requests(&self, vault_id: AccountId, at: Option<BlockHash>) -> RpcResult<Vec<H256>>;

#[method(name = "redeem_getPremiumRedeemVaults", aliases = ["redeem_getPremiumRedeemVaults"])]
fn get_premium_redeem_vaults(&self, at: Option<BlockHash>) -> RpcResult<Vec<(VaultId, BalanceWrapper<Balance>)>>;
}

fn internal_err<T: ToString>(message: T) -> JsonRpseeError {
Expand Down Expand Up @@ -47,12 +63,14 @@ impl<C, B> Redeem<C, B> {
}

#[async_trait]
impl<C, Block, AccountId, H256, RedeemRequest> RedeemApiServer<<Block as BlockT>::Hash, AccountId, H256, RedeemRequest>
for Redeem<C, Block>
impl<C, Block, VaultId, Balance, AccountId, H256, RedeemRequest>
RedeemApiServer<<Block as BlockT>::Hash, VaultId, Balance, AccountId, H256, RedeemRequest> for Redeem<C, Block>
where
Block: BlockT,
C: Send + Sync + 'static + ProvideRuntimeApi<Block> + HeaderBackend<Block>,
C::Api: RedeemRuntimeApi<Block, AccountId, H256, RedeemRequest>,
C::Api: RedeemRuntimeApi<Block, VaultId, Balance, AccountId, H256, RedeemRequest>,
VaultId: Codec,
Balance: Codec + MaybeDisplay + MaybeFromStr,
AccountId: Codec,
H256: Codec,
RedeemRequest: Codec,
Expand All @@ -76,4 +94,17 @@ where
api.get_vault_redeem_requests(at, vault_id)
.map_err(|e| internal_err(format!("Unable to fetch redeem requests: {:?}", e)))
}

fn get_premium_redeem_vaults(
&self,
at: Option<<Block as BlockT>::Hash>,
) -> RpcResult<Vec<(VaultId, BalanceWrapper<Balance>)>> {
let api = self.client.runtime_api();
let at = at.unwrap_or_else(|| self.client.info().best_hash);

handle_response(
api.get_premium_redeem_vaults(at),
"Unable to find a vault below the premium redeem threshold".into(),
)
}
}
11 changes: 9 additions & 2 deletions crates/redeem/src/benchmarking.rs
Original file line number Diff line number Diff line change
Expand Up @@ -18,10 +18,10 @@ use vault_registry::{
// Pallets
use crate::Pallet as Redeem;
use btc_relay::Pallet as BtcRelay;
use oracle::Pallet as Oracle;
use oracle::{OracleKey, Pallet as Oracle};
use security::Pallet as Security;
use sp_runtime::FixedPointNumber;
use vault_registry::Pallet as VaultRegistry;

type UnsignedFixedPoint<T> = <T as currency::Config>::UnsignedFixedPoint;

fn collateral<T: crate::Config>(amount: u32) -> Amount<T> {
Expand Down Expand Up @@ -158,6 +158,13 @@ pub mod benchmarks {

#[extrinsic_call]
_(RawOrigin::Signed(caller), amount, btc_address, vault_id.clone());
let redeem_vault_request = Redeem::<T>::get_redeem_requests_for_vault(vault_id.account_id.clone());
let redeem_request_hash = redeem_vault_request
.first()
.cloned()
.unwrap_or_else(|| panic!("No redeem request found"));
let redeem_struct = RedeemRequests::<T>::get(redeem_request_hash).unwrap();
assert!(redeem_struct.premium > 0);
}

#[benchmark]
Expand Down
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