Smart Contract as LP
The liquidity pool mode of cBridge supports using a smart contract (eg. a multi-sig wallet) to provide liquidity, with the caveat of having to follow a special process to withdraw liquidity. This tutorial describes the process of adding and withdrawing liquidity using smart contracts.
This feature has only been released on a limited number of chains.
Note: Before adding any liquidity to cBridge from a smart contract, make sure you have read this tutorial and are comfortable with following the technical instructions.
Prerequisite: Check LP address
Currently, we have only released support for contract LPs on a limited number of chains on which we have deployed WithdrawInbox contracts to facilitate withdrawing liquidity:
Make sure the chain you are going to interact with is supported. Take a note of the WithdrawInbox address and cBridge address.
In cBridge, all LPs are identified by their address regardless of the chain they use. Technically, it is possible for two different entities to occupy the same address but on different chains. For security purposes, a contract LP is only allowed to submit withdraw requests to the WithdrawInbox on the first chain on which they added liquidity. Note that this only restricts on which chain you can submit the withdraw request and it does not affect where the withdrawn liquidity comes from. For example, if you first added liquidity on Ethereum, then you need to submit the withdraw request to the WithdrawInbox on Ethereum. Within the request, you are still free to withdraw liquidity from BSC to Optimism.
To make sure your intended LP address is not occupied by someone else and to check which chain you can submit the withdraw request on, execute the following command:
A response with a chain_id
of 0
means that no LP with the given address has added liquidity. Since the address is not registered with the system, there is also no chain where you can submit a withdraw request yet, and you can proceed to Add Liquidity with confidence. A non-zero chain-id
requires you to confirm that you have control of the address on the returned chain_id
. If not, it means the address has been occupied by someone else and you need to use a different address.
NOTE: If you added liquidity via a smart contract / multi-sig wallet before we added support for withdrawal on a particular chain and receive a 0
response from the command above, please add liquidity again with a small value from the same contract to register it with the system. Only then will you be able to withdraw your previously added liquidity.
Contract Preparation
Skip this step if you are using generic multi-sig wallets such as Gnosis Safe.
For custom contracts, you need to make sure they can interact with the liquidity Pool and the WithdrawInbox contracts. Specifically, it needs to interact with the required Pool and WithdrawInbox interfaces.
Here is an example of a smart contract LP.
Add Liquidity
Adding liquidity from contracts is relatively simple. Just call addLiquidity on the cBridge contract.
Query Liquidity
You can query the liquidity by:
Look for the liquidity_amt
fields.
Send Withdrawal Request
From your contract, call the withdraw function of WithdrawInbox.
Some explanations of the parameters:
_wdSeq
is a unique identifier for each withdrawal._receiver
is the receiver address on_toChain
._toChain
is the chain ID to receive the tokens withdrawn._fromChains
are a list of chain IDs to withdraw the tokens from. We support cross-chain withdrawals, that is to withdraw the liquidity from multiple chains to a single chain._tokens
are the token addresses on each chain. Make sure they refer to the same token symbol and they are supported by cBridge on all the chains involved._ratios
are the percentages of liquidity to be withdrawn from each chain. They should be all positive. The max ratio is 100000000, which means 100%._slippages
are the maximal allowed slippages for cross-chain withdrawals. Usually a small number such as 5000, which means 0.5%, should suffice. The max slippage is 1000000, which means 100%.
Query Withdrawal Request
After the transaction has been confirmed for some period of time. Use the command below to query your withdrawal request, replace <_wdSeq>
, <_receiver>
and <_toChain>
with the input parameters when you submitted the withdrawal request to WithdrawInbox. Leave type
as 2
and tx_hash
empty.
Here is an example response:
A little explanation about the status
field in the response:
0
means no withdrawal request found. Check your query command first. If the fields were set correctly, it is possible that your withdrawal request has not been reflected in the cBridge / SGN system yet so please retry after a little while. If it keeps being 0
after quite a while, your request is likely rejected due to bad arguments. Check the instructions and try again. If you are sure the arguments are correct, it is possible that the withdraw amount is too large that it hit certain rate limits. Please contact us before you make another try.
1
means the withdrawal request has been accepted, but not yet co-signed by validators. Please query again after a little while.
2
means the withdrawal request is ready to be submitted on-chain. In this case, you will see a hex string in wd_onchain
along with a number of strings in sorted_sigs
, signers
, powers
.
3
means the withdrawal request is being submitted on-chain.
4
means the withdrawal request is completed, and tokens have been sent to the given address on the given chain if the request is not delayed due to large amount.
5
means the withdrawal request has failed. Probably due to slippage being too small, but could be caused by other reasons such as insufficient liquidity or token transfer being disabled. Contact us for details before you make another try.
6
means the withdrawal request has been delayed due to the amount being too large. It should usually turn into a 4
after about 30 minutes.
If you see a 2
, copy and save the wd_onchain
, sorted_sigs
, signers
and powers
fields for later use.
Submit Withdrawal On-Chain
Once you have received a response with status 2
, prepare the input parameters for the on-chain withdrawal transaction. As described in the withdraw function, you need to supply _wdmsg
, _sigs
, _signers
and _powers
. You can use an explorer like Etherscan to send the transaction.
The wd_onchain
you saved corresponds to _wdmsg
. Go to base64-to-hex, paste wd_onchain
on the left, switch GROUP BY
to NONE
on the right, add a hex prefix 0x
to the result on the right, and you will get _wdmsg
.
For sorted_sigs
, signers
and powers
, do not change the order of parameters within the arrays.
sorted_sigs
corresponds to _sigs
. Convert the signature strings in sorted_sigs
one by one using the same way as with wd_onchain
, and put all 0x
prefixed strings in an array []
to get _sigs
.
signers
corresponds to _signers
. Prepare them the same way as sorted_sigs
.
powers
corresponds to _powers
. First, convert the strings the same way as with wd_onchain
but this time without adding 0x
prefixes. Second, go to hex-binary, switch CONVERT TO
to Decimal(10)
in the middle and convert the result from the first step to decimal number. Put all the numbers you get in an array []
to get _powers
.
With all the prepared parameters. Open Etherscan or whatever explorer you use, search for the cBridge address and connect to your wallet. Input the parameters to the withdraw function and send the transaction.
Note that large withdrawals might be subject to delays.