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@kamino-finance/klend-sdk

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Typescript SDK for interacting with the Kamino Lending (klend) protocol

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import { PublicKey } from "@solana/web3.js" // eslint-disable-line @typescript-eslint/no-unused-vars import BN from "bn.js" // eslint-disable-line @typescript-eslint/no-unused-vars import * as types from "../types" // eslint-disable-line @typescript-eslint/no-unused-vars import * as borsh from "@coral-xyz/borsh" export interface ObligationOrderFields { /** * A threshold value used by the condition (scaled [Fraction]). * The exact meaning depends on the specific [Self::condition_type]. * * Examples: * - when `condition_type == 2 (UserLtvBelow)`: * then a value of `0.455` here means that the order is active only when the obligation's * user LTV is less than `0.455` (i.e. < 45.5%). * - when `condition_type == 3 (DebtCollPriceRatioAbove)`: * assuming the obligation uses BTC collateral for SOL debt, then a value of `491.3` here * means that the order is active only when the BTC-SOL price is greater than `491.3` (i.e. * > 491.3 SOL per BTC). */ conditionThresholdSf: BN /** * A configuration parameter used by the opportunity (scaled [Fraction]). * The exact meaning depends on the specific [Self::opportunity_type]. * * Examples: * - when `opportunity_type == 0 (DeleverageSingleDebtAmount)`: * Assuming the obligation uses BTC collateral for SOL debt, then a value of `1_234_000_000` * here means that a liquidator may repay up to 1234000000 lamports (i.e. 1.234 SOL) on this * obligation. * Note: the special value of [Fraction::MAX] is *not* allowed in this case. * - when `opportunity_type == 1 (DeleverageAllDebtAmount)`: * The only allowed value in this case is [Fraction::MAX] (to emphasize that *all* debt * should be repaid). */ opportunityParameterSf: BN /** * A *minimum* additional fraction of collateral transferred to the liquidator, in bps. * * The minimum bonus is applied exactly when the [Self::condition_threshold_sf] is met, and * grows linearly towards the [Self::max_execution_bonus_bps]. * * Example: a value of `50` here means 50bps == 0.5% bonus for an "LTV > 65%" order, when * executed precisely at the moment LTV exceeds 65%. */ minExecutionBonusBps: number /** * A *maximum* additional fraction of collateral transferred to the liquidator, in bps. * * The maximum bonus is applied at the relevant "extreme" state of the obligation, i.e.: * - for a stop-loss condition, it is a point at which the obligation becomes liquidatable; * - for a take-profit condition, it is a point at which obligation has 0% LTV. * * In non-extreme states, the actual bonus value is interpolated linearly, starting from * [Self::min_execution_bonus_bps] (at the point specified by the order's condition). * * Example: a value of `300` here means 300bps == 3.0% bonus for a "debt/coll price > 140" * order, when executed at a higher price = 200, at which the obligation's LTV happens to * be equal to its liquidation LTV. */ maxExecutionBonusBps: number /** * Serialized [ConditionType]. * The entire order is void when this is zeroed (i.e. representing [ConditionType::Never]). * * Example: a value of `2` here denotes `UserLtvBelow` condition type. Of course, to * interpret this condition, we also need to take the [Self::condition_threshold_sf] into * account. */ conditionType: number /** * Serialized [OpportunityType]. * * Example: a value of `0` here denotes `DeleverageSingleDebtAmount` opportunity. Of course, to * interpret this opportunity, we also need to take the [Self::opportunity_parameter_sf] into * account. */ opportunityType: number /** * Internal padding. * The fields above take up 2+2+1+1 bytes = 48 bits, which means we need 80 bits = 10 bytes to * align with `u128`s. */ padding1: Array<number> /** * End padding. * The total size of a single instance is 8*u128 = 128 bytes. */ padding2: Array<BN> } export interface ObligationOrderJSON { /** * A threshold value used by the condition (scaled [Fraction]). * The exact meaning depends on the specific [Self::condition_type]. * * Examples: * - when `condition_type == 2 (UserLtvBelow)`: * then a value of `0.455` here means that the order is active only when the obligation's * user LTV is less than `0.455` (i.e. < 45.5%). * - when `condition_type == 3 (DebtCollPriceRatioAbove)`: * assuming the obligation uses BTC collateral for SOL debt, then a value of `491.3` here * means that the order is active only when the BTC-SOL price is greater than `491.3` (i.e. * > 491.3 SOL per BTC). */ conditionThresholdSf: string /** * A configuration parameter used by the opportunity (scaled [Fraction]). * The exact meaning depends on the specific [Self::opportunity_type]. * * Examples: * - when `opportunity_type == 0 (DeleverageSingleDebtAmount)`: * Assuming the obligation uses BTC collateral for SOL debt, then a value of `1_234_000_000` * here means that a liquidator may repay up to 1234000000 lamports (i.e. 1.234 SOL) on this * obligation. * Note: the special value of [Fraction::MAX] is *not* allowed in this case. * - when `opportunity_type == 1 (DeleverageAllDebtAmount)`: * The only allowed value in this case is [Fraction::MAX] (to emphasize that *all* debt * should be repaid). */ opportunityParameterSf: string /** * A *minimum* additional fraction of collateral transferred to the liquidator, in bps. * * The minimum bonus is applied exactly when the [Self::condition_threshold_sf] is met, and * grows linearly towards the [Self::max_execution_bonus_bps]. * * Example: a value of `50` here means 50bps == 0.5% bonus for an "LTV > 65%" order, when * executed precisely at the moment LTV exceeds 65%. */ minExecutionBonusBps: number /** * A *maximum* additional fraction of collateral transferred to the liquidator, in bps. * * The maximum bonus is applied at the relevant "extreme" state of the obligation, i.e.: * - for a stop-loss condition, it is a point at which the obligation becomes liquidatable; * - for a take-profit condition, it is a point at which obligation has 0% LTV. * * In non-extreme states, the actual bonus value is interpolated linearly, starting from * [Self::min_execution_bonus_bps] (at the point specified by the order's condition). * * Example: a value of `300` here means 300bps == 3.0% bonus for a "debt/coll price > 140" * order, when executed at a higher price = 200, at which the obligation's LTV happens to * be equal to its liquidation LTV. */ maxExecutionBonusBps: number /** * Serialized [ConditionType]. * The entire order is void when this is zeroed (i.e. representing [ConditionType::Never]). * * Example: a value of `2` here denotes `UserLtvBelow` condition type. Of course, to * interpret this condition, we also need to take the [Self::condition_threshold_sf] into * account. */ conditionType: number /** * Serialized [OpportunityType]. * * Example: a value of `0` here denotes `DeleverageSingleDebtAmount` opportunity. Of course, to * interpret this opportunity, we also need to take the [Self::opportunity_parameter_sf] into * account. */ opportunityType: number /** * Internal padding. * The fields above take up 2+2+1+1 bytes = 48 bits, which means we need 80 bits = 10 bytes to * align with `u128`s. */ padding1: Array<number> /** * End padding. * The total size of a single instance is 8*u128 = 128 bytes. */ padding2: Array<string> } /** * A single obligation order. * See [Obligation::orders]. */ export class ObligationOrder { /** * A threshold value used by the condition (scaled [Fraction]). * The exact meaning depends on the specific [Self::condition_type]. * * Examples: * - when `condition_type == 2 (UserLtvBelow)`: * then a value of `0.455` here means that the order is active only when the obligation's * user LTV is less than `0.455` (i.e. < 45.5%). * - when `condition_type == 3 (DebtCollPriceRatioAbove)`: * assuming the obligation uses BTC collateral for SOL debt, then a value of `491.3` here * means that the order is active only when the BTC-SOL price is greater than `491.3` (i.e. * > 491.3 SOL per BTC). */ readonly conditionThresholdSf: BN /** * A configuration parameter used by the opportunity (scaled [Fraction]). * The exact meaning depends on the specific [Self::opportunity_type]. * * Examples: * - when `opportunity_type == 0 (DeleverageSingleDebtAmount)`: * Assuming the obligation uses BTC collateral for SOL debt, then a value of `1_234_000_000` * here means that a liquidator may repay up to 1234000000 lamports (i.e. 1.234 SOL) on this * obligation. * Note: the special value of [Fraction::MAX] is *not* allowed in this case. * - when `opportunity_type == 1 (DeleverageAllDebtAmount)`: * The only allowed value in this case is [Fraction::MAX] (to emphasize that *all* debt * should be repaid). */ readonly opportunityParameterSf: BN /** * A *minimum* additional fraction of collateral transferred to the liquidator, in bps. * * The minimum bonus is applied exactly when the [Self::condition_threshold_sf] is met, and * grows linearly towards the [Self::max_execution_bonus_bps]. * * Example: a value of `50` here means 50bps == 0.5% bonus for an "LTV > 65%" order, when * executed precisely at the moment LTV exceeds 65%. */ readonly minExecutionBonusBps: number /** * A *maximum* additional fraction of collateral transferred to the liquidator, in bps. * * The maximum bonus is applied at the relevant "extreme" state of the obligation, i.e.: * - for a stop-loss condition, it is a point at which the obligation becomes liquidatable; * - for a take-profit condition, it is a point at which obligation has 0% LTV. * * In non-extreme states, the actual bonus value is interpolated linearly, starting from * [Self::min_execution_bonus_bps] (at the point specified by the order's condition). * * Example: a value of `300` here means 300bps == 3.0% bonus for a "debt/coll price > 140" * order, when executed at a higher price = 200, at which the obligation's LTV happens to * be equal to its liquidation LTV. */ readonly maxExecutionBonusBps: number /** * Serialized [ConditionType]. * The entire order is void when this is zeroed (i.e. representing [ConditionType::Never]). * * Example: a value of `2` here denotes `UserLtvBelow` condition type. Of course, to * interpret this condition, we also need to take the [Self::condition_threshold_sf] into * account. */ readonly conditionType: number /** * Serialized [OpportunityType]. * * Example: a value of `0` here denotes `DeleverageSingleDebtAmount` opportunity. Of course, to * interpret this opportunity, we also need to take the [Self::opportunity_parameter_sf] into * account. */ readonly opportunityType: number /** * Internal padding. * The fields above take up 2+2+1+1 bytes = 48 bits, which means we need 80 bits = 10 bytes to * align with `u128`s. */ readonly padding1: Array<number> /** * End padding. * The total size of a single instance is 8*u128 = 128 bytes. */ readonly padding2: Array<BN> constructor(fields: ObligationOrderFields) { this.conditionThresholdSf = fields.conditionThresholdSf this.opportunityParameterSf = fields.opportunityParameterSf this.minExecutionBonusBps = fields.minExecutionBonusBps this.maxExecutionBonusBps = fields.maxExecutionBonusBps this.conditionType = fields.conditionType this.opportunityType = fields.opportunityType this.padding1 = fields.padding1 this.padding2 = fields.padding2 } static layout(property?: string) { return borsh.struct( [ borsh.u128("conditionThresholdSf"), borsh.u128("opportunityParameterSf"), borsh.u16("minExecutionBonusBps"), borsh.u16("maxExecutionBonusBps"), borsh.u8("conditionType"), borsh.u8("opportunityType"), borsh.array(borsh.u8(), 10, "padding1"), borsh.array(borsh.u128(), 5, "padding2"), ], property ) } // eslint-disable-next-line @typescript-eslint/no-explicit-any static fromDecoded(obj: any) { return new ObligationOrder({ conditionThresholdSf: obj.conditionThresholdSf, opportunityParameterSf: obj.opportunityParameterSf, minExecutionBonusBps: obj.minExecutionBonusBps, maxExecutionBonusBps: obj.maxExecutionBonusBps, conditionType: obj.conditionType, opportunityType: obj.opportunityType, padding1: obj.padding1, padding2: obj.padding2, }) } static toEncodable(fields: ObligationOrderFields) { return { conditionThresholdSf: fields.conditionThresholdSf, opportunityParameterSf: fields.opportunityParameterSf, minExecutionBonusBps: fields.minExecutionBonusBps, maxExecutionBonusBps: fields.maxExecutionBonusBps, conditionType: fields.conditionType, opportunityType: fields.opportunityType, padding1: fields.padding1, padding2: fields.padding2, } } toJSON(): ObligationOrderJSON { return { conditionThresholdSf: this.conditionThresholdSf.toString(), opportunityParameterSf: this.opportunityParameterSf.toString(), minExecutionBonusBps: this.minExecutionBonusBps, maxExecutionBonusBps: this.maxExecutionBonusBps, conditionType: this.conditionType, opportunityType: this.opportunityType, padding1: this.padding1, padding2: this.padding2.map((item) => item.toString()), } } static fromJSON(obj: ObligationOrderJSON): ObligationOrder { return new ObligationOrder({ conditionThresholdSf: new BN(obj.conditionThresholdSf), opportunityParameterSf: new BN(obj.opportunityParameterSf), minExecutionBonusBps: obj.minExecutionBonusBps, maxExecutionBonusBps: obj.maxExecutionBonusBps, conditionType: obj.conditionType, opportunityType: obj.opportunityType, padding1: obj.padding1, padding2: obj.padding2.map((item) => new BN(item)), }) } toEncodable() { return ObligationOrder.toEncodable(this) } }