Sell-side Protocol Functions

PoolLiquidityManager Functions for sell-side LPs

Liquidity Management

function addLiquidity(uint256 amount) external

• Purpose: Add liquidity to the pool

• Parameters:

  • amount: Amount of liquidity to add

• Note: Creates a pending request that will be processed in the next cycle

function reduceLiquidity(uint256 amount) external

• Purpose: Request to reduce liquidity from the pool

• Parameters:

  • amount: Amount of liquidity to reduce

• Note: Creates a pending request that will be processed in the next cycle

Collateral Management

function addCollateral(address lp, uint256 amount) external

• Purpose: Add additional collateral to an LP position

• Parameters:

  • lp: Address of the LP receiving the collateral

  • amount: Amount of collateral to add

function reduceCollateral(uint256 amount) external

• Purpose: Withdraw excess collateral if above the minimum requirement

• Parameters:

  • amount: Amount of collateral to reduce

• Note: Will fail if trying to withdraw below the required collateral ratio

Interest Claims

function claimInterest() external

• Purpose: Claim accrued interest earned by providing liquidity

• Note: Can be called anytime interest has accrued to the LP

Emergency Functions

function exitPool() external

• Purpose: Emergency exit when the pool is halted

• Note: Can only be used when the pool is in a halted state

PoolCycleManager Functions for LPs

Rebalancing Operations

function rebalancePool(address lp, uint256 rebalancePrice) external

• Purpose: Perform rebalancing at the end of a cycle

• Parameters:

  • lp: Address of the LP performing the rebalance

  • rebalancePrice: Price at which to execute the rebalance

• Note: Must be called during the POOL_REBALANCING_ONCHAIN state

function calculateLPRebalanceAmount(address lp, uint256 rebalancePrice) external view returns (uint256 rebalanceAmount, bool isDeposit)

• Purpose: Calculate how much an LP needs to deposit or will receive during rebalancing

• Parameters:

  • lp: Address of the LP

  • rebalancePrice: Price at which to calculate the rebalance

• Returns:

  • rebalanceAmount: Amount the LP needs to deposit or will receive

  • isDeposit: True if LP needs to deposit, false if LP will receive funds

function getLPAssetShare(address lp) external view returns (uint256)

• Purpose: Get the LP's current share of the asset tokens in the pool

• Parameters:

  • lp: Address of the LP

• Returns: The LP's proportional share of the asset supply

• Note: Based on the LP's current liquidity commitment relative to total liquidity

function getLPCycleAssetShare(address lp, uint256 expectedRebalancePrice) external view returns (uint256)

• Purpose: Calculate the LP's projected asset share after the current cycle completes

• Parameters:

  • lp: Address of the LP

  • expectedRebalancePrice: The price at which rebalancing is expected to occur

• Returns: The LP's projected share of the asset supply after the cycle

• Note: Takes into account pending requests that will be processed in the current cycle

function getLPCollateralHealth(address liquidityManager, address lp) external view returns (uint8 health)

Purpose: Check the collateral health status of an lp
Returns: 3 = Healthy, 2 = Warning, 1 = Liquidatable

function getLPPosition(address lp) external view returns (LPPosition memory)

• Purpose: Get detailed information about an LP's position

• Parameters:

  • lp: Address of the LP

• Returns: LP's liquidity commitment, collateral, and accrued interest

Cycle Management (Anyone can call these functions)

Protocol operators manage the cycle transitions in the protocol.

function initiateOffchainRebalance() external

• Purpose: Start the offchain rebalancing phase

• Note: Can only be called when the pool is active and the market is open

function initiateOnchainRebalance() external

• Purpose: Start the onchain rebalancing phase after offchain rebalancing

• Note: Can only be called when the pool is in offchain rebalancing and the market is closed

function rebalanceLP(address lp) external

• Purpose: Rebalance an LP that hasn't self-rebalanced before the window expires

• Parameters:

  • lp: Address of the LP to rebalance

• Note: Anyone can call this after the rebalance window expires

function forceRebalanceLP(address lp) external

• Purpose: Force rebalance an LP when the halt threshold is reached

• Parameters:

  • lp: Address of the LP to force rebalance

• Note: Can only be called when the halt threshold is reached