v1-lbp

Marginal v1 liquidity bootstrapping pool smart contracts.

Mechanism

Uniswap v3 range position in a single pool with fixed upper and lower ticks set by liquidity bootstrapping pool supplier.

The Marginal v1 liquidity bootstrapping pool starts at one end of the tick range with supplier providing tokens in only one type of token (e.g. all in token0 if start at tickLower). Buyers bid by swapping through the pool for supplied token in exchange for token acquiring funds in.

Once price reaches the upper tick, the pool will contain only the acquired funds token. These funds are sent back to the original supplier who may use them coupled with more token to seed liquidity pools.

Installation

The repo uses ApeWorX for development.

Set up a virtual environment

python -m venv .venv
source .venv/bin/activate

Install requirements and Ape plugins

pip install -r requirements.txt
ape plugins install .

Tests

Tests without fuzzing, integration

ape test -s -m "not fuzzing and not integration"

Tests with fuzzing but not integration

ape test -s -m "fuzzing and not integration"

Tests for integrations

ape test -s -m "integration" --network ethereum:mainnet-fork:foundry