Cetus LP Burn SDK

What Cetus LP Burn SDK ?

The primary functionality of this project, nominally referred to as "LP Burn," is essentially designed for users who wish to permanently lock their liquidity positions. Once locked, the liquidity within these positions cannot be withdrawn, yet users retain the ability to claim any transaction fees and mining rewards generated from these positions. This locking mechanism is implemented by wrapping the original position, effectively sealing the liquidity while still allowing the accrual of rewards. The Cetus LP Burn SDK is particularly tailored for projects that have established liquidity pools and wish to relinquish their liquidity rights. This feature allows these projects to commit to their community and ecosystem by locking liquidity permanently, thus providing stability and trust in the liquidity pool's longevity.

How to Use the Cetus LP Burn SDK ?

Installation

To start using the Cetus LP Burn SDK, you need to first install it in your TypeScript project. You can add it to your project via npm, yarn or bun:

npm link: https://www.npmjs.com/package/@cetusprotocol/cetus-burn-sdk

npm install @cetusprotocol/cetus-burn-sdk

or

bun install @cetusprotocol/cetus-burn-sdk

Setup

Import the SDK into your TypeScript file where you intend to use it:

import { CetusBurnSDK } from '@cetusprotocol/cetus-burn-sdk';

Initializing the SDK

Initialize the SDK with the necessary configuration parameters. Typically, this involves setting up the network and API keys if required:

• Mainnet:

export const burn_mainnet: SdkOptions = {
  fullRpcUrl: 'https://sui-testnet-endpoint.blockvision.org',
  simulationAccount: {
    address: '0x...',
  },
  burn: {
    package_id: '0x12d73de9a6bc3cb658ec9dc0fe7de2662be1cea5c76c092fcc3606048cdbac27',
    published_at: '0x12d73de9a6bc3cb658ec9dc0fe7de2662be1cea5c76c092fcc3606048cdbac27',
    manager_id: '0x1d94aa32518d0cb00f9de6ed60d450c9a2090761f326752ffad06b2e9404f845',
    clmm_global_config: '0xdaa46292632c3c4d8f31f23ea0f9b36a28ff3677e9684980e4438403a67a3d8f',
    clmm_global_vault_id: '0xce7bceef26d3ad1f6d9b6f13a953f053e6ed3ca77907516481ce99ae8e588f2b',
  }
}
const MainnetSDK = new CetusBurnSDK(burn_mainnet)
});

• Testnet:

export const burn_testnet: SdkOptions = {
  fullRpcUrl: 'https://sui-testnet-endpoint.blockvision.org',
  simulationAccount: {
    address: '0x...',
  },
  burn: {
    package_id: '0xa30fd3413b56173930bc1c66defb0f9a0a6af407ac31dc6f27afae800d9a7cf9',
    published_at: '0xa30fd3413b56173930bc1c66defb0f9a0a6af407ac31dc6f27afae800d9a7cf9',
    manager_id: '0xd1214ad679070438292b78537cf7965202fd67afa26a73caac6a429b7e58c3b4',
    clmm_global_config: '0x6f4149091a5aea0e818e7243a13adcfb403842d670b9a2089de058512620687a',
    clmm_global_vault_id: '0xf3114a74d54cbe56b3e68f9306661c043ede8c6615f0351b0c3a93ce895e1699',
  }
}
const TestnetSDK = new CetusBurnSDK(burn_testnet)
});

Function Description

1. getHaveBurnPoolList

This method retrieves a list of existing burn pools. It calls the sdk.Burn.getHaveBurnPoolList() method and prints the result.

const poolIds = await sdk.Burn.getHaveBurnPoolList()

// result: 
poolIds: [
    '0x2dea79f17e61f8d02ff02ed755102836fd780049de2f57e3ca40db871295ce41',
    '0x6fd4915e6d8d3e2ba6d81787046eb948ae36fdfc75dad2e24f0d4aaa2417a416',
    '0xc41621d02d5ee00a7a993b912a8550df50524c9b2494339691e5896936ff269b',
    '0xaccdd1c40fdd6abf168def70044a565c89ff3ed61e7d32ad0387b2e82edb32a9',
    '0xc10e379b4658d455ee4b8656213c71561b1d0cd6c20a1403780d144d90262512',
    '0x1861771ab3b7f0f6a4252e1c60ed2705e2f7b28d64fe1ba7c12fe883cbebc362',
    '0x1b9b4f2271bc69df97ddafcb3f64599ca0de05cb94d5bb1386693559afdf1757',
    '0x473ab0306ff8952d473b10bb4c3516c632edeb0725f6bb3cda6c474d0ffc883f',
    '0x3a61bd98686e4aa6213fb5b3b5356459e6003bb1255447fabe5e1f6d42b6f8cd'
]

2. getBurnPositionList

This method fetches a list of burn positions for a specified account. It retrieves data using the sdk.Burn.getBurnPositionList(account) method.

const walletAddress = '0x...'
const positionIds = await sdk.Burn.getBurnPositionList(walletAddress)
// result:
positionIds: [
    '0x1b9b4f2271bc69df97ddafcb3f64599ca0de05cb94d5bb1386693559afdf1757'
]

3. getBurnPositon

This method obtains detailed information about a specific burn position. It fetches data using the sdk.Burn.getBurnPositon(posId) method, where posId is the specified burn position ID, and prints the result.

const posId = '0x...'
const positionInfo = await sdk.Burn.getBurnPositon(posId)

positionInfo: {
    id: '0x88678e4cd2681bf41b7f2afdd49c1583a1ca0ae8d6c8f5581bf1db1e021a1e48',
    url: 'https://bq7bkvdje7gvgmv66hrxdy7wx5h5ggtrrnmt66rdkkehb64rvz3q.arweave.net/DD4VVGknzVMyvvHjceP2v0_TGnGLWT96I1KIcPuRrnc',
    pool_id: '0xc41621d02d5ee00a7a993b912a8550df50524c9b2494339691e5896936ff269b',
    coinTypeA: '0x26b3bc67befc214058ca78ea9a2690298d731a2d4309485ec3d40198063c4abc::usdc::USDC',
    coinTypeB: '0x26b3bc67befc214058ca78ea9a2690298d731a2d4309485ec3d40198063c4abc::cetus::CETUS',
    description: 'Cetus Liquidity Position',
    name: 'Cetus Burned LP | Pool9-115',
    liquidity: '19387676',
    clmm_position_id: '0x092f07a470479f86927fe161a53074b725126337398ee01640d8ddd7bce7fa09',
    clmm_pool_id: '0xc41621d02d5ee00a7a993b912a8550df50524c9b2494339691e5896936ff269b',
    tick_lower_index: -443580,
    tick_upper_index: 443580,
    index: '115',
    is_lp_burn: true
}

4. burn lock

This method creates a transaction builder for a burn lock.

const pool = '0xc41621d02d5ee00a7a993b912a8550df50524c9b2494339691e5896936ff269b'
const pos = '0x4e1970683fc49de834478339724509a051764e7f34d55b4dc4d2a37b7034669c' // is burn success
const coinTypeA = '26b3bc67befc214058ca78ea9a2690298d731a2d4309485ec3d40198063c4abc::usdc::USDC'
const coinTypeB = '26b3bc67befc214058ca78ea9a2690298d731a2d4309485ec3d40198063c4abc::cetus::CETUS'
const txb = await sdk.Burn.createBurnPayload({
    pool,
    pos,
    coinTypeA,
    coinTypeB
})

const simulateRes = await sdk.fullClient.devInspectTransactionBlock({
    transactionBlock: txb,
    sender: account,
})

5. claim

This method creates transaction builder for collecting fees.

const pool = '0xc41621d02d5ee00a7a993b912a8550df50524c9b2494339691e5896936ff269b'
const pos = '0x2f10a5816747fd02218dd7a3a7d0417d287da55ccee5943eb5c94f5a6b552299' // is wrap pos id
const coinTypeA = '26b3bc67befc214058ca78ea9a2690298d731a2d4309485ec3d40198063c4abc::usdc::USDC'
const coinTypeB = '26b3bc67befc214058ca78ea9a2690298d731a2d4309485ec3d40198063c4abc::cetus::CETUS'

const rewarderCoinTypes = ['0x26b3bc67befc214058ca78ea9a2690298d731a2d4309485ec3d40198063c4abc::cetus::CETUS']
let txb = sdk.Burn.createCollectFeePaylaod({
    pool,
    pos,
    coinTypeA,
    coinTypeB,
    account
})

txb = sdk.Burn.crateCollectRewardPayload({
    pool,
    pos,
    coinTypeA,
    coinTypeB,
    rewarderCoinTypes,
    account
})

const simulateRes = await sdk.fullClient.devInspectTransactionBlock({
    transactionBlock: txb,
    sender: account,
    })

More About Cetus

Use the following links to learn more about Cetus:

Learn more about working with Cetus in the Cetus Documentation.

Join the Cetus community on Cetus Discord.