@hexcrypto/hexdex-oracles
v0.4.0
Published
UniswapV2 based price oracles along with an adaptor for dydx protocol consumption
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Readme
Uniswap Exchange Wrapper
Exchange wrapper for connecting hYhX contracts to Uniswap Exchange on-chain.
Testing
Tests fork mainnet contracts for use locally. This makes testing already deployed contracts and infrastructure against new contracts locally incredibly easy.
Setup for this is done in the test/helpers/setup.ts
file.
Tests use jest and ethers
along with the local blockchain setup in the setup.ts
file. Typescript preprocessing
for tests is done using ts-jest.
To run tests simply run yarn test
For development, yarn test:watch
will watch contract and tests for changes and
rerun the tests.
Test configuration files can be found at:
jest.config.js
(basic configuration for jest and typescript)jest.setup.js
(adds a longer timeout to tests)
Linting
Relevant linting files can be found at the following locations:
.eslintrs.js
.pretierrc.js
tsconfig.json
Smart Contracts
Linting is done using ethlint.
Run yarn lint:sol
to lint the contracts.
Typescript
Linting is performed through eslint along with
prettier. Typescript is linted though plugins for eslint.
See package.json
for more info on plugins.
Building the Contracts
Contract compilation is done using waffle. Waffle is not used for tests.
To compile, simply run yarn compile:sol
.
For a nice development flow, yarn compile:sol:watch
can be used for automatic recompiling.
Deploying Contracts
Ensure that the correct .env
variables are set before deploying. See .env.example
for details.
Deployed contracts are saved to deployments.json
at the root of the repo. This is committed to source.
The GAS_PRICE_GWEI
.env
variable is optional. If it is not supplied, an estimate will be fetched from
the network. This is NOT recommended when deploying to mainnet.
For a list of already deployed contracts, see deployments.json
at the root of the repo.
Private Network (dev AKA ganache)
For testing migrations locally, a local blockchain forked off of mainnet can be used:
yarn start:devchain
Deployment can then be run using:
yarn deploy:contracts
Public Networks (mainnet, kovan, etc.)
Simply run:
yarn deploy:contracts
Everything should work fine as long as .env
vars were set correctly.
Contract Layout
Contract directory is as follows:
contracts
├── IncentivizedOracle.sol
├── interfaces
│ ├── IIncentivizedOracle.sol
│ ├── IMakerOracle.sol
│ ├── IMintableToken.sol
│ └── IPriceOracle.sol
├── lib
│ └── Monetary.sol
├── MintableToken.sol
└── UniswapV2OracleAdapter.sol
base
This repo and it's contracts have two purposes; to provide an on chain oracle for hexEth/ethHex prices and to provide an adapter contract for use with the dydx protocol.
The main contract is IncentivizedOracle.sol
. This contract mints tokens to the updating user in return for
updating the oracle. It is a hybrid of the
two example oracle implementations
provided by uniswap. It is hoped that this will be a long running oracle which can be used
for other purposes in the community.
UniswapV2OracleAdapter.sol
is an oracle adapter for UniswapV2 prices. This contract formats prices from
IncentivizedOracle.sol
to a format which the dydx protocol can use.
lib
The Monetary.sol
lib is used for bridging UniswapV2OracleAdapter.sol
to the dydx protocol which uses
special monetary units.
interfaces
These are various interfacing contracts which help facilitate communication to/between contracts in/relating to this repo.
Related Oracles in the dydx Protocol Ecosystem
In order to understand how the IncentivizedOracle
and UniswapV2OracleAdapter
contracts
work, one should have at least a brief understanding on how other related oracles work.
Some of these are not directly used in this repo, but exist in the dydx protocol repo.
Medianizer
This contract/concept is from makerdao, it takes price from 14 difference anonymous sources and picks the median. The median is chosen so that price manipulation or flash crashes of single sources will not affect the price. Because, once again, the median is being taken from the reported prices. For more information, see here.
dYdX Related
These contracts may not be in this repo, but they are related in a way... will move later...
DaiPriceOracle
This uses a similar median like the Medianizer
contract uses. However, it uses only 3
sources (expected, oasis dex, uniswapv1) in that order... This means it will take
whichever price is closer to 1 dollar.
The price of eth for dai is gotten from the Medianizer
contract in order to get prices
of dai for eth from uniswap and oasis.
There is a permissioned poker which can poke the oracle into updating the price stored on the contract. The methods for getting this are public so prices seem to be possible to get without updating storage. However bounded prices would not work in this case.
UsdcPriceOracle
This just returns 1 dollar in dydx Monetary.Price
format (as u256).
Don't know the way usdc works, it supposedly has no fluctation.
read up on it later...
WethPriceOracle
This contract simply takes the price returned from medianizer maker dao oracle and
converts the amount to the dydx Monetary.Price
format for 1 dollar (as u256).
Useful Information on Cross Rates
Cross rates are needed in order to calculate the dydxDollar/heart price needed by dydx protocol. Below are a few articles and a quick introduction to how this is calculated.
Example for getting cross rates hex/eth eth/hex
prices gotten from coingecko & coinbase for example purposes prices do not line up exactly due to getting eth/usd prices from coinbase
usd/eth 263.43
eth/usd 0.0037960748585962115
hex/eth 62267.27993295558
eth/hex 0.000016133507
usd/hex 0.00425
hex/usd 235.2941176470588
usd eth usd
--- x --- = ---
eth hex hex
// eth cancels out above
263.43 x 0.000016133507 = 0.00425004974901
eth hex hex
--- x --- = ---
usd eth usd
// eth cancels out above
0.0037960748585962115 x 0.000016133507 = 236.37125586666505
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