@gearbox-protocol/sdk 16.3.0-next.2 → 16.3.0-next.4

package/dist/esm/onchain/market/rwa/securitize/SecuritizeDegenNFT.js

@@ -1,13 +1,23 @@
+import { AddressSet } from "../../../utils/AddressSet.js";
+import "../../../utils/index.js";
 import { BaseContract } from "../../../base/BaseContract.js";
 import "../../../base/index.js";
+import { KYC_REGISTRATION_LINKS } from "../../../../model/rwa.js";
+import "../../../../model/index.js";
 import { DEGEN_NFT_SECURITIZE } from "./constants.js";
 import { iSecuritizeDegenNFTAbi } from "../../../../abi/rwa/iSecuritizeDegenNFT.js";
-import { isAddressEqual } from "viem";
 //#region src/onchain/market/rwa/securitize/SecuritizeDegenNFT.ts
 const abi = iSecuritizeDegenNFTAbi;
+/**
+* Securitize always has a factory, which deploys this NFT. DS-token data,
+* registrars and cached signatures live here; the factory only builds txs
+* and looks up investor/wallet addresses.
+*/
 var SecuritizeDegenNFT = class extends BaseContract {
 	protocol = "securitize";
+	registrationLink = KYC_REGISTRATION_LINKS.securitize;
 	factory;
+	#sdk;
 	constructor(sdk, address, factory) {
 		super(sdk, {
 			addr: address,
@@ -16,19 +26,54 @@ var SecuritizeDegenNFT = class extends BaseContract {
 			name: "SecuritizeDegenNFT",
 			abi
 		});
+		this.#sdk = sdk;
 		this.factory = factory;
 	}
-	/** Registration on Securitize is the only KYC step; pending EIP-712 signatures are not. */
-	async checkKyc(wallet, targetCollateral) {
-		const { factory } = this;
-		if (!factory.getTokens().some((t) => isAddressEqual(t, targetCollateral))) return {
-			eligible: true,
-			token: targetCollateral
+	async getTokens() {
+		return this.factory.getTokens();
+	}
+	/**
+	* Registration on Securitize is the protocol-side KYC step; pending
+	* EIP-712 signatures are tx-side leftover, not KYC.
+	*/
+	async getOpenAccountRequirements(wallet, props) {
+		const tokensToRegister = new AddressSet(this.factory.getTokens()).has(props.tokenOutAddress) ? new AddressSet([props.tokenOutAddress]) : new AddressSet();
+		if (tokensToRegister.size === 0) return {
+			protocol: "securitize",
+			factory: this.factory.address,
+			securitizeTokensToRegister: [],
+			tokensToRegister: [],
+			requiredSignatures: []
+		};
+		const [investorData] = await this.#sdk.rwa.getInvestorData(wallet, [this.factory.address]);
+		const registredTokens = new AddressSet(investorData.registeredTokens);
+		const signedTokens = new AddressSet(investorData.cachedSignatures.map((s) => s.token));
+		const unsignedTokens = tokensToRegister.difference(signedTokens);
+		const securitizeTokensToRegister = tokensToRegister.difference(registredTokens);
+		const requiredSignatures = investorData.registerVaultMessages.filter((m) => unsignedTokens.has(m.message.token));
+		return {
+			protocol: "securitize",
+			factory: this.factory.address,
+			securitizeTokensToRegister: Array.from(securitizeTokensToRegister),
+			tokensToRegister: Array.from(tokensToRegister),
+			requiredSignatures
 		};
-		const req = await factory.getOpenAccountRequirements(wallet, { tokenOutAddress: targetCollateral });
+	}
+	isRegistered(requirements) {
+		return requirements.securitizeTokensToRegister.length === 0;
+	}
+	/**
+	* A required signature is omitted when `providedArgs.signaturesToCache`
+	* already carries a signature for the same token: the transaction caches it
+	* on-chain as part of the operation.
+	*/
+	getMissingRequirements(requirements, providedArgs) {
+		const providedTokens = new AddressSet((providedArgs?.signaturesToCache ?? []).map((s) => s.token));
+		const requiredSignatures = requirements.requiredSignatures.filter((message) => !providedTokens.has(message.message.token));
+		if (requiredSignatures.length === 0) return;
 		return {
-			eligible: !req || req.securitizeTokensToRegister.length === 0,
-			token: req?.securitizeTokensToRegister[0] ?? targetCollateral
+			protocol: "securitize",
+			requiredSignatures
 		};
 	}
 };

package/dist/esm/onchain/market/rwa/securitize/SecuritizeRWAFactory.js

@@ -1,5 +1,4 @@
 import { AddressMap } from "../../../utils/AddressMap.js";
-import { AddressSet } from "../../../utils/AddressSet.js";
 import "../../../utils/index.js";
 import { BaseContract } from "../../../base/BaseContract.js";
 import "../../../base/index.js";
@@ -11,7 +10,6 @@ import { decodeAbiParameters } from "viem";
 //#region src/onchain/market/rwa/securitize/SecuritizeRWAFactory.ts
 const abi = iSecuritizeRWAFactoryAbi;
 var SecuritizeRWAFactory = class extends BaseContract {
-	#sdk;
 	#investorCache = new AddressMap();
 	degenNFT;
 	owner;
@@ -23,7 +21,6 @@ var SecuritizeRWAFactory = class extends BaseContract {
 			name: "SecuritizeRWAFactory",
 			abi
 		});
-		this.#sdk = sdk;
 		const decoded = decodeAbiParameters([
 			{
 				name: "owner",
@@ -184,40 +181,6 @@ var SecuritizeRWAFactory = class extends BaseContract {
 		});
 	}
 	/**
-	* {@inheritDoc IRWAFactory.getOpenAccountRequirements}
-	*/
-	async getOpenAccountRequirements(investor, props) {
-		const [investorData] = await this.#sdk.rwa.getInvestorData(investor, [this.address]);
-		const tokensToRegister = new AddressSet([props.tokenOutAddress]);
-		const registredTokens = new AddressSet(investorData.registeredTokens);
-		const signedTokens = new AddressSet(investorData.cachedSignatures.map((s) => s.token));
-		const unsignedTokens = tokensToRegister.difference(signedTokens);
-		const securitizeTokensToRegister = tokensToRegister.difference(registredTokens);
-		const requiredSignatures = investorData.registerVaultMessages.filter((m) => unsignedTokens.has(m.message.token));
-		return {
-			type: RWA_FACTORY_SECURITIZE,
-			securitizeTokensToRegister: Array.from(securitizeTokensToRegister),
-			tokensToRegister: Array.from(tokensToRegister),
-			requiredSignatures
-		};
-	}
-	/**
-	* {@inheritDoc IRWAFactory.getMissingRequirements}
-	*
-	* A required signature is omitted when `providedArgs.signaturesToCache`
-	* already carries a signature for the same token: the transaction caches it
-	* on-chain as part of the operation.
-	*/
-	getMissingRequirements(requirements, providedArgs) {
-		const providedTokens = new AddressSet((providedArgs?.signaturesToCache ?? []).map((s) => s.token));
-		const requiredSignatures = requirements.requiredSignatures.filter((message) => !providedTokens.has(message.message.token));
-		if (requiredSignatures.length === 0) return;
-		return {
-			type: RWA_FACTORY_SECURITIZE,
-			requiredSignatures
-		};
-	}
-	/**
 	* {@inheritDoc IRWAFactory.openCreditAccount}
 	*/
 	openCreditAccount(creditManager, calls, args) {

package/dist/esm/onchain/opportunities/MultichainOpportunitiesService.js

@@ -37,12 +37,18 @@ var MultichainOpportunitiesService = class extends MultichainConstruct {
 	*
 	* See {@link MultichainOpportunitiesService.getPool}.
 	**/
-	async getStrategy(key, wallet) {
+	async getStrategy(key) {
 		return this.queryChain({
 			network: key.chainId,
-			run: (sdk) => sdk.opportunities.getStrategy(key, wallet)
+			run: (sdk) => sdk.opportunities.getStrategy(key)
 		});
 	}
+	/**
+	* {@inheritDoc OpportunitiesService.isEligibleForStrategy}
+	**/
+	async isEligibleForStrategy(key, wallet) {
+		return this.sdk.chain(key.chainId).opportunities.isEligibleForStrategy(key, wallet);
+	}
 };
 //#endregion
 export { MultichainOpportunitiesService };

package/dist/esm/onchain/opportunities/OpportunitiesService.js

@@ -36,22 +36,34 @@ var OpportunitiesService = class extends SDKConstruct {
 	* A single strategy opportunity plus the rate curve of the pool it borrows
 	* from and the price feeds its liquidation price depends on.
 	*
-	* @param wallet - When given, `kyc` says whether this wallet must register
-	* with the strategy's KYC provider first; `null` otherwise.
+	* `kyc` is the strategy's KYC gate, independent of any wallet.
 	*
 	* @throws If the credit manager is unknown, or does not currently offer a
 	* strategy.
 	**/
-	async getStrategy(key, wallet) {
+	async getStrategy(key) {
 		const suite = this.sdk.marketRegister.findCreditManager(key.creditManager);
 		const detail = suite.strategyOpportunityDetail();
 		if (!detail) throw new Error(`credit manager ${key.creditManager} does not currently offer a strategy`);
-		const kyc = wallet ? await suite.kycRequirement(wallet, detail.targetCollateral.address) : null;
+		const kyc = await suite.kycRequirement(detail.targetCollateral.address);
 		return {
 			...detail,
 			kyc
 		};
 	}
+	/**
+	* Whether `wallet` may open this strategy today: `true` when it is not
+	* KYC-gated or the wallet already passed the gate.
+	*
+	* @throws If the credit manager is unknown, or does not currently offer a
+	* strategy.
+	**/
+	async isEligibleForStrategy(key, wallet) {
+		const suite = this.sdk.marketRegister.findCreditManager(key.creditManager);
+		const opportunity = suite.strategyOpportunity();
+		if (!opportunity) throw new Error(`credit manager ${key.creditManager} does not currently offer a strategy`);
+		return suite.isEligibleForStrategy(wallet, opportunity.targetCollateral.address);
+	}
 };
 //#endregion
 export { OpportunitiesService };

package/dist/esm/onchain/preview/parse/parseRWAFactoryOperationCalldata.js

@@ -1,7 +1,7 @@
 import { hexEq } from "../../utils/hex.js";
 import { AbstractAdapterContract } from "../../market/adapters/contracts/AbstractAdapter.js";
 import { CreditFacadeV310Contract } from "../../market/credit/CreditFacadeV310Contract.js";
-import { RWA_FACTORY_SECURITIZE } from "../../../model/rwa.js";
+import "../../../model/rwa.js";
 import "../../../model/index.js";
 import { isRWAFactory } from "../../market/rwa/types.js";
 import { classifyInnerOperations } from "./classifyInnerOperations.js";
@@ -32,7 +32,7 @@ function parseSecuritizeOperationCalldata(sdk, factory, calldata) {
 	const { rawArgs } = parsed;
 	const innerCalls = rawArgs.calls ?? [];
 	const args = {
-		type: RWA_FACTORY_SECURITIZE,
+		protocol: "securitize",
 		tokensToRegister: [...rawArgs.tokensToRegister ?? []],
 		signaturesToCache: [...rawArgs.signaturesToCache ?? []]
 	};

package/dist/esm/onchain/validation/bundles/checkCreditOperation.js

@@ -32,7 +32,8 @@ async function checkCreditOperation(args) {
 			minDebt: suite.creditFacade.minDebt,
 			maxDebt: suite.creditFacade.maxDebt,
 			underlying,
-			allowZero: !isOpening
+			allowZero: !isOpening,
+			maxBorrowAmount: suite.maxBorrowAmount()
 		}),
 		...checkDraw(suite, preview, underlying),
 		...checkObtained(suite, preview),
@@ -49,7 +50,7 @@ async function checkCreditOperation(args) {
 		preview,
 		sender,
 		blockNumber
-	}), preview.operation === "RWAOpenCreditAccount" ? checkRWAOpening({
+	}), preview.operation === "OpenCreditAccount" || preview.operation === "RWAOpenCreditAccount" ? checkRWAOpening({
 		sdk,
 		preview,
 		sender

package/dist/esm/onchain/validation/bundles/checkDraw.js

@@ -15,11 +15,11 @@ import "../checks/index.js";
 function checkDraw(suite, preview, underlying) {
 	const drawn = preview.operation === "AdjustCreditAccount" ? preview.totalDebtChange.value : preview.totalDebt.value;
 	if (drawn <= 0n) return [];
-	const { value, limit } = suite.maxBorrowAmount();
+	const maxBorrowAmount = suite.maxBorrowAmount();
 	return checkBorrowLimit({
 		requested: drawn,
-		available: value,
-		limit,
+		available: maxBorrowAmount.amount.value,
+		limit: maxBorrowAmount.limit,
 		underlying
 	});
 }

package/dist/esm/onchain/validation/bundles/checkRWAOpenRequirements.js

@@ -5,24 +5,24 @@ import { toToken } from "../helpers/token.js";
 import "../helpers/index.js";
 //#region src/onchain/validation/bundles/checkRWAOpenRequirements.ts
 /**
-* The RWA factory is satisfied that `wallet` may open on `token` with the
+* The degen NFT is satisfied that `wallet` may open on `token` with the
 * registration args already on the transaction.
 */
 async function checkRWAOpenRequirements(input) {
 	const { sdk, wallet, creditManager, token, providedArgs } = input;
 	try {
-		const requirements = await sdk.accounts.getOpenAccountRequirements(wallet, creditManager, { tokenOutAddress: token });
-		if (!requirements) return [];
-		const { rwaFactory } = sdk.marketRegister.findByCreditManager(creditManager);
-		if (!rwaFactory) throw new Error(`no RWA factory for credit manager ${creditManager}`);
-		const missing = rwaFactory.getMissingRequirements(requirements, providedArgs);
-		if (!missing && requirements.securitizeTokensToRegister.length === 0) return [];
+		const nft = await sdk.marketRegister.findCreditManager(creditManager).degenNFT();
+		if (!nft) return [];
+		const requirements = await nft.getOpenAccountRequirements(wallet, { tokenOutAddress: token });
+		const missing = nft.getMissingRequirements(requirements, providedArgs);
+		if (!missing && nft.isRegistered(requirements)) return [];
 		return [rwaOpenRequirementsNotMet({
 			token: toToken(sdk, token),
 			creditManager,
-			factory: rwaFactory.address,
+			protocol: nft.protocol,
+			registrationLink: nft.registrationLink,
 			requirements,
-			...missing === void 0 ? {} : { missing }
+			missing
 		})];
 	} catch (cause) {
 		return [unexpectedFailure(cause, "read the RWA opening requirements")];

package/dist/esm/onchain/validation/bundles/checkRWAOpening.js

@@ -2,21 +2,22 @@ import { AddressSet } from "../../utils/AddressSet.js";
 import { checkRWAOpenRequirements } from "./checkRWAOpenRequirements.js";
 //#region src/onchain/validation/bundles/checkRWAOpening.ts
 /**
-* Per factory-gated token among `collateralAdded ∪ quotas`, whether the
+* Per KYC-gated token among `collateralAdded ∪ quotas`, whether the
 * borrower still has to register or sign before this opening can land.
 */
 async function checkRWAOpening(input) {
 	const { sdk, preview, sender } = input;
-	const { rwaFactory } = sdk.marketRegister.findByCreditManager(preview.creditManager);
-	if (!rwaFactory) return [];
-	const gated = new AddressSet(rwaFactory.getTokens());
+	const nft = await sdk.marketRegister.findCreditManager(preview.creditManager).degenNFT();
+	if (!nft) return [];
+	const gated = new AddressSet(await nft.getTokens());
 	const candidates = new AddressSet([...preview.collateralAdded.map((a) => a.token.address), ...preview.quotas.map((q) => q.token.address)]);
+	const providedArgs = preview.operation === "RWAOpenCreditAccount" ? preview.rwaArgs : void 0;
 	return (await Promise.all([...candidates].filter((token) => gated.has(token)).map((token) => checkRWAOpenRequirements({
 		sdk,
 		wallet: sender,
 		creditManager: preview.creditManager,
 		token,
-		providedArgs: preview.rwaArgs
+		providedArgs
 	})))).flat();
 }
 //#endregion

package/dist/esm/onchain/validation/checkSimulation.js

@@ -1,11 +1,11 @@
 import { toToken } from "./helpers/token.js";
 import "./helpers/index.js";
 import { checkDebtLimits } from "./checks/checkDebtLimits.js";
+import { checkQuotaCount } from "./checks/checkQuotaCount.js";
 import "./checks/index.js";
 import { checkAccountQuotas } from "./bundles/checkAccountQuotas.js";
 import { checkHealthFactors } from "./bundles/checkHealthFactors.js";
 import { checkMarket } from "./bundles/checkMarket.js";
-import { checkPoolOperation } from "./bundles/checkPoolOperation.js";
 //#region src/onchain/validation/checkSimulation.ts
 /**
 * Whether a simulated operation clears the caller's own thresholds.
@@ -27,19 +27,12 @@ import { checkPoolOperation } from "./bundles/checkPoolOperation.js";
 * touched. The engine performed all three during the walk, so a simulation that
 * came back `ok` has already passed them.
 *
-* A pool operation has no account to weigh, so what is left is the pool's own
-* state — which the engine does not read either.
+* A credit account only, opened or adjusted: a pool operation has no account
+* to weigh, and the three things its own state decides are read by `prepare`
+* before it answers. An opening names its quotas `averageQuota` — the branch
+* the planner already weighed it as.
 */
 function checkSimulation(sdk, input, options = {}) {
-	if ("pool" in input) {
-		const { pool, state, isDeposit } = input;
-		return checkPoolOperation({
-			sdk,
-			pool,
-			isDeposit,
-			tokenOut: state.tokenOut
-		});
-	}
 	const { state } = input;
 	const suite = sdk.marketRegister.findCreditManager(state.creditManager);
 	return [
@@ -49,9 +42,13 @@ function checkSimulation(sdk, input, options = {}) {
 			minDebt: suite.creditFacade.minDebt,
 			maxDebt: suite.creditFacade.maxDebt,
 			underlying: toToken(sdk, suite.market.pool.underlying),
-			allowZero: true
+			allowZero: true,
+			maxBorrowAmount: suite.maxBorrowAmount()
 		}),
-		...checkAccountQuotas(suite, state),
+		..."averageQuota" in state ? checkQuotaCount({
+			count: state.averageQuota.filter((q) => q.balance > 0n).length,
+			max: suite.creditManager.maxEnabledTokens
+		}) : checkAccountQuotas(suite, state),
 		...checkHealthFactors(state, options)
 	];
 }

package/dist/esm/onchain/validation/checks/checkDebtLimits.js

@@ -5,12 +5,13 @@ import "../helpers/index.js";
 //#region src/onchain/validation/checks/checkDebtLimits.ts
 /** A debt the facade would revert on. */
 function checkDebtLimits(args) {
-	const { debt, minDebt, maxDebt, underlying, allowZero } = args;
+	const { debt, minDebt, maxDebt, underlying, allowZero, maxBorrowAmount } = args;
 	if (!(debt > maxDebt || debt < minDebt && !(allowZero && debt === 0n))) return [];
 	return [debtOutOfRange({
 		requested: amountOf(underlying, debt),
 		minDebt: amountOf(underlying, minDebt),
-		maxDebt: amountOf(underlying, maxDebt)
+		maxDebt: amountOf(underlying, maxDebt),
+		maxBorrowAmount
 	})];
 }
 //#endregion

package/dist/esm/sdk/execute/ExecuteApi.js

@@ -73,9 +73,9 @@ async function openTx(sdk, request) {
 async function openRwaOptions(sdk, request) {
 	if (!request.targetToken) return;
 	const requirements = await sdk.accounts.getOpenAccountRequirements(request.wallet, request.creditManager, { tokenOutAddress: request.targetToken });
-	if (!requirements) return;
+	if (requirements?.protocol !== "securitize") return;
 	return {
-		type: requirements.type,
+		protocol: "securitize",
 		tokensToRegister: requirements.tokensToRegister,
 		signaturesToCache: request.signaturesToCache ?? []
 	};

package/dist/esm/sdk/index.js

@@ -1,4 +1,4 @@
-import { creditAccountNotEmpty, creditAccountNotFound, emptyOpenTakesNothing, noStrategyTargetCollateral, unexpectedFailure } from "../model/errors/prepare-errors.js";
+import { creditAccountNotEmpty, creditAccountNotFound, noStrategyTargetCollateral, unexpectedFailure } from "../model/errors/prepare-errors.js";
 import { AllSourcesFailedError } from "./errors/AllSourcesFailedError.js";
 import { SourceChainMismatchError } from "./errors/SourceChainMismatchError.js";
 import { assertSameChains } from "./errors/assertSameChains.js";
@@ -27,4 +27,4 @@ import { PreviewNamespace } from "./preview/PreviewNamespace.js";
 import "./preview/index.js";
 import { DEFAULT_MAX_STATE_AGE, GearboxSDK } from "./GearboxSDK.js";
 import "./types.js";
-export { AbstractNamespace, AllSourcesFailedError, AnalyticsNamespace, DEFAULT_MAX_OFFCHAIN_LAG, DEFAULT_MAX_STATE_AGE, ExecuteApi, GearboxSDK, LiquidationsNamespace, MissingSourceError, NoSourceServedError, OpportunitiesNamespace, PositionsNamespace, PrepareApi, PreviewNamespace, SourceChainMismatchError, SourceUnavailableError, assertSameChains, creditAccountNotEmpty, creditAccountNotFound, emptyOpenTakesNothing, everyChainFailed, filterResponse, mergeChainList, mergeChainOne, noStrategyTargetCollateral, unexpectedFailure };
+export { AbstractNamespace, AllSourcesFailedError, AnalyticsNamespace, DEFAULT_MAX_OFFCHAIN_LAG, DEFAULT_MAX_STATE_AGE, ExecuteApi, GearboxSDK, LiquidationsNamespace, MissingSourceError, NoSourceServedError, OpportunitiesNamespace, PositionsNamespace, PrepareApi, PreviewNamespace, SourceChainMismatchError, SourceUnavailableError, assertSameChains, creditAccountNotEmpty, creditAccountNotFound, everyChainFailed, filterResponse, mergeChainList, mergeChainOne, noStrategyTargetCollateral, unexpectedFailure };

package/dist/esm/sdk/opportunities/OpportunitiesNamespace.js

@@ -70,15 +70,21 @@ var OpportunitiesNamespace = class extends AbstractNamespace {
 	/**
 	* {@inheritDoc IOpportunitiesBase.getStrategy}
 	**/
-	async getStrategy(key, wallet) {
+	async getStrategy(key) {
 		return this.merged("get strategy opportunity", {
 			chainIds: [key.chainId],
-			fromChain: (source) => source.getStrategy(key, wallet),
-			fromBackend: (source) => source.getStrategy(key, wallet),
+			fromChain: (source) => source.getStrategy(key),
+			fromBackend: (source) => source.getStrategy(key),
 			merge: this.merge.strategy
 		});
 	}
 	/**
+	* {@inheritDoc IOpportunitiesOnchainOnly.isEligibleForStrategy}
+	**/
+	async isEligibleForStrategy(key, wallet) {
+		return this.onchain.isEligibleForStrategy(key, wallet);
+	}
+	/**
 	* {@inheritDoc IOpportunitiesBase.filter}
 	**/
 	filter(response, filter) {

package/dist/esm/sdk/prepare/PrepareApi.js

@@ -1,9 +1,10 @@
 import { hexEq } from "../../onchain/utils/hex.js";
 import { MultichainConstruct } from "../../onchain/base/MultichainConstruct.js";
-import { creditAccountNotEmpty, creditAccountNotFound, emptyOpenTakesNothing, noRecordedIntent, noStrategyTargetCollateral, unexpectedFailure, unsupportedTokenPair } from "../../model/errors/prepare-errors.js";
+import { creditAccountNotEmpty, creditAccountNotFound, noRecordedIntent, noStrategyTargetCollateral, unexpectedFailure, unsupportedTokenPair } from "../../model/errors/prepare-errors.js";
 import { sdkErr, sdkOk } from "../../model/result.js";
 import "../../model/index.js";
 import { toToken } from "../../onchain/validation/helpers/token.js";
+import { checkPoolOperation } from "../../onchain/validation/bundles/checkPoolOperation.js";
 import { toCreditAccountSlice } from "../../onchain/accounts/intents/utils/credit-account-slice.js";
 import { CreditAccountOperationsService } from "../../onchain/accounts/intents/index.js";
 import "../../onchain/index.js";
@@ -84,6 +85,13 @@ var PrepareApi = class extends MultichainConstruct {
 				tokenIn,
 				tokenOut
 			});
+			const [refusal] = checkPoolOperation({
+				sdk: chain,
+				pool: pool.pool,
+				isDeposit: true,
+				tokenOut: state.tokenOut
+			});
+			if (refusal) return sdkErr(refusal);
 			const call = pools.addLiquidity({
 				collateral: {
 					token: state.tokenIn.token.address,
@@ -120,6 +128,13 @@ var PrepareApi = class extends MultichainConstruct {
 				tokenIn,
 				tokenOut
 			});
+			const [refusal] = checkPoolOperation({
+				sdk: chain,
+				pool: pool.pool,
+				isDeposit: false,
+				tokenOut: state.tokenOut
+			});
+			if (refusal) return sdkErr(refusal);
 			const { calls } = pools.removeLiquidity({
 				pool: pool.pool,
 				amount: params.amount,
@@ -154,6 +169,13 @@ var PrepareApi = class extends MultichainConstruct {
 				tokenIn,
 				tokenOut
 			});
+			const [refusal] = checkPoolOperation({
+				sdk: chain,
+				pool: pool.pool,
+				isDeposit: false,
+				tokenOut: state.tokenOut
+			});
+			if (refusal) return sdkErr(refusal);
 			const { calls } = pools.removeLiquidity({
 				pool: pool.pool,
 				amount: params.amount,
@@ -179,14 +201,11 @@ var PrepareApi = class extends MultichainConstruct {
 		try {
 			const sdk = await this.#chain(strategy.chainId);
 			const at = stateBlock(sdk);
-			if (params.empty) {
-				if (params.collateral.length > 0 || params.creditAccount || params.leverage !== 0n) return sdkErr(emptyOpenTakesNothing());
-				return opened(await service(sdk).openStrategyIntent({
-					sdk,
-					creditManager: strategy.creditManager,
-					empty: true
-				}), at);
-			}
+			if (params.empty) return opened(await service(sdk).openStrategyIntent({
+				sdk,
+				creditManager: strategy.creditManager,
+				empty: true
+			}), at);
 			const targetToken = params.targetToken ?? sdk.marketRegister.findCreditManager(strategy.creditManager).strategyTargetCollateral;
 			if (!targetToken) return sdkErr(noStrategyTargetCollateral(strategy.creditManager));
 			let creditAccount;

package/dist/esm/sdk/prepare/index.js

@@ -1,5 +1,5 @@
-import { creditAccountNotEmpty, creditAccountNotFound, emptyOpenTakesNothing, noStrategyTargetCollateral, unexpectedFailure } from "../../model/errors/prepare-errors.js";
+import { creditAccountNotEmpty, creditAccountNotFound, noStrategyTargetCollateral, unexpectedFailure } from "../../model/errors/prepare-errors.js";
 import "../../model/index.js";
 import { PrepareApi } from "./PrepareApi.js";
 import "./types.js";
-export { PrepareApi, creditAccountNotEmpty, creditAccountNotFound, emptyOpenTakesNothing, noStrategyTargetCollateral, unexpectedFailure };
+export { PrepareApi, creditAccountNotEmpty, creditAccountNotFound, noStrategyTargetCollateral, unexpectedFailure };

package/dist/types/model/errors/index.d.ts

@@ -2,6 +2,6 @@ import { IGearboxError } from "./base.js";
 import { CreditAccountFrozenError, LiquidatorNotEligibleError, NotEmergencyLiquidatorError, creditAccountFrozen, liquidatorNotEligible, notEmergencyLiquidator } from "./liquidation-errors.js";
 import { BorrowLimitCause, CreditManagerPausedError, DebtOutOfRangeError, ForbiddenTokenError, InsufficientAllowanceError, InsufficientBalanceError, InsufficientCollateralError, InsufficientPoolLiquidityError, LeverageOutOfRangeError, MarketExpiredError, PoolPausedError, PoolSunsetError, QuotaCountExceededError, QuotaLimitReachedError, RWAOpenRequirementsError, creditManagerPaused, debtOutOfRange, forbiddenToken, insufficientAllowance, insufficientBalance, insufficientCollateral, insufficientPoolLiquidity, leverageOutOfRange, marketExpired, poolPaused, poolSunset, quotaCountExceeded, quotaLimitReached, rwaOpenRequirementsNotMet } from "./operation-errors.js";
 import { UnpriceableTokenError, unpriceableTokenError } from "./oracle-errors.js";
-import { CreditAccountNotEmptyError, CreditAccountNotFoundError, EmptyOpenTakesNothingError, MultipleDelayedWithdrawalsError, NoDelayedRouteError, NoRecordedIntentError, NoStrategyTargetCollateralError, UnexpectedFailureError, UnsupportedCollateralTokenError, UnsupportedTokenPairError, WithdrawalInProgressError, creditAccountNotEmpty, creditAccountNotFound, emptyOpenTakesNothing, multipleDelayedWithdrawals, noDelayedRoute, noRecordedIntent, noStrategyTargetCollateral, unexpectedFailure, unsupportedCollateralToken, unsupportedTokenPair, withdrawalInProgress } from "./prepare-errors.js";
+import { CreditAccountNotEmptyError, CreditAccountNotFoundError, MultipleDelayedWithdrawalsError, NoDelayedRouteError, NoRecordedIntentError, NoStrategyTargetCollateralError, UnexpectedFailureError, UnsupportedCollateralTokenError, UnsupportedTokenPairError, WithdrawalInProgressError, creditAccountNotEmpty, creditAccountNotFound, multipleDelayedWithdrawals, noDelayedRoute, noRecordedIntent, noStrategyTargetCollateral, unexpectedFailure, unsupportedCollateralToken, unsupportedTokenPair, withdrawalInProgress } from "./prepare-errors.js";
 import { InvalidDelayedIntentError, MalformedTransactionError, PoolOperationPreviewError, UnsupportedOperationError, UnsupportedPoolFunctionError, UnsupportedTargetError, UnsupportedZapperFunctionError, malformedTransaction } from "./preview-errors.js";
-export { BorrowLimitCause, CreditAccountFrozenError, CreditAccountNotEmptyError, CreditAccountNotFoundError, CreditManagerPausedError, DebtOutOfRangeError, EmptyOpenTakesNothingError, ForbiddenTokenError, IGearboxError, InsufficientAllowanceError, InsufficientBalanceError, InsufficientCollateralError, InsufficientPoolLiquidityError, InvalidDelayedIntentError, LeverageOutOfRangeError, LiquidatorNotEligibleError, MalformedTransactionError, MarketExpiredError, MultipleDelayedWithdrawalsError, NoDelayedRouteError, NoRecordedIntentError, NoStrategyTargetCollateralError, NotEmergencyLiquidatorError, PoolOperationPreviewError, PoolPausedError, PoolSunsetError, QuotaCountExceededError, QuotaLimitReachedError, RWAOpenRequirementsError, UnexpectedFailureError, UnpriceableTokenError, UnsupportedCollateralTokenError, UnsupportedOperationError, UnsupportedPoolFunctionError, UnsupportedTargetError, UnsupportedTokenPairError, UnsupportedZapperFunctionError, WithdrawalInProgressError, creditAccountFrozen, creditAccountNotEmpty, creditAccountNotFound, creditManagerPaused, debtOutOfRange, emptyOpenTakesNothing, forbiddenToken, insufficientAllowance, insufficientBalance, insufficientCollateral, insufficientPoolLiquidity, leverageOutOfRange, liquidatorNotEligible, malformedTransaction, marketExpired, multipleDelayedWithdrawals, noDelayedRoute, noRecordedIntent, noStrategyTargetCollateral, notEmergencyLiquidator, poolPaused, poolSunset, quotaCountExceeded, quotaLimitReached, rwaOpenRequirementsNotMet, unexpectedFailure, unpriceableTokenError, unsupportedCollateralToken, unsupportedTokenPair, withdrawalInProgress };
+export { BorrowLimitCause, CreditAccountFrozenError, CreditAccountNotEmptyError, CreditAccountNotFoundError, CreditManagerPausedError, DebtOutOfRangeError, ForbiddenTokenError, IGearboxError, InsufficientAllowanceError, InsufficientBalanceError, InsufficientCollateralError, InsufficientPoolLiquidityError, InvalidDelayedIntentError, LeverageOutOfRangeError, LiquidatorNotEligibleError, MalformedTransactionError, MarketExpiredError, MultipleDelayedWithdrawalsError, NoDelayedRouteError, NoRecordedIntentError, NoStrategyTargetCollateralError, NotEmergencyLiquidatorError, PoolOperationPreviewError, PoolPausedError, PoolSunsetError, QuotaCountExceededError, QuotaLimitReachedError, RWAOpenRequirementsError, UnexpectedFailureError, UnpriceableTokenError, UnsupportedCollateralTokenError, UnsupportedOperationError, UnsupportedPoolFunctionError, UnsupportedTargetError, UnsupportedTokenPairError, UnsupportedZapperFunctionError, WithdrawalInProgressError, creditAccountFrozen, creditAccountNotEmpty, creditAccountNotFound, creditManagerPaused, debtOutOfRange, forbiddenToken, insufficientAllowance, insufficientBalance, insufficientCollateral, insufficientPoolLiquidity, leverageOutOfRange, liquidatorNotEligible, malformedTransaction, marketExpired, multipleDelayedWithdrawals, noDelayedRoute, noRecordedIntent, noStrategyTargetCollateral, notEmergencyLiquidator, poolPaused, poolSunset, quotaCountExceeded, quotaLimitReached, rwaOpenRequirementsNotMet, unexpectedFailure, unpriceableTokenError, unsupportedCollateralToken, unsupportedTokenPair, withdrawalInProgress };

package/dist/types/model/errors/operation-errors.d.ts

@@ -1,6 +1,8 @@
 import { Bps, Token, TokenAmount } from "../primitives.js";
 import { IGearboxError } from "./base.js";
-import { RWAMissingOpenAccountRequirements, RWAOpenAccountRequirements } from "../rwa.js";
+import { RWAMissingOpenAccountRequirements, RWAOpenAccountRequirements, RWAProtocol } from "../rwa.js";
+import { MaxBorrowAmount } from "../../onchain/market/credit/types.js";
+import "../../onchain/index.js";
 import { Address } from "viem";
 //#region src/model/errors/operation-errors.d.ts
 /**
@@ -82,6 +84,8 @@ interface DebtOutOfRangeError extends IGearboxError {
   requested: TokenAmount;
   minDebt: TokenAmount;
   maxDebt: TokenAmount;
+  /** What the market will really lend; absent where the raiser only throws. */
+  maxBorrowAmount?: MaxBorrowAmount;
 }
 /** {@inheritDoc DebtOutOfRangeError} */
 declare function debtOutOfRange(args: Omit<DebtOutOfRangeError, "code" | "message">): DebtOutOfRangeError;
@@ -197,17 +201,19 @@ interface InsufficientAllowanceError extends IGearboxError {
 /** {@inheritDoc InsufficientAllowanceError} */
 declare function insufficientAllowance(args: Omit<InsufficientAllowanceError, "code" | "message">): InsufficientAllowanceError;
 /**
- * The RWA factory still wants something from the borrower before this token
+ * The RWA protocol still wants something from the borrower before this token
  * can be opened on.
  **/
 interface RWAOpenRequirementsError extends IGearboxError {
   code: "rwaOpenRequirementsNotMet";
   token: Token;
   creditManager: Address;
-  factory: Address;
+  protocol: RWAProtocol;
+  /** Where the wallet completes registration with {@link protocol}. */
+  registrationLink: string;
   /** Always present on the error. */
   requirements: RWAOpenAccountRequirements;
-  /** Absent when only issuer-side registration is pending. */
+  /** Absent when only issuer-side registration is pending (or Midas greenlist). */
   missing?: RWAMissingOpenAccountRequirements;
 }
 /** {@inheritDoc RWAOpenRequirementsError} */

package/dist/types/model/errors/prepare-errors.d.ts

@@ -96,15 +96,6 @@ interface CreditAccountNotEmptyError extends IGearboxError {
 }
 /** {@inheritDoc CreditAccountNotEmptyError} */
 declare function creditAccountNotEmpty(creditAccount: Address): CreditAccountNotEmptyError;
-/**
- * An empty opening was asked for with something to open it with: collateral to
- * spend, an account to reuse, or a leverage to reach.
- **/
-interface EmptyOpenTakesNothingError extends IGearboxError {
-  code: "emptyOpenTakesNothing";
-}
-/** {@inheritDoc EmptyOpenTakesNothingError} */
-declare function emptyOpenTakesNothing(): EmptyOpenTakesNothingError;
 /**
  * The SDK could not answer at all: a read that failed, a chain it is not
  * connected to, a market or token address it knows nothing about, a contract
@@ -128,4 +119,4 @@ interface UnexpectedFailureError extends IGearboxError {
  **/
 declare function unexpectedFailure(thrown: unknown, action?: string): UnexpectedFailureError;
 //#endregion
-export { CreditAccountNotEmptyError, CreditAccountNotFoundError, EmptyOpenTakesNothingError, MultipleDelayedWithdrawalsError, NoDelayedRouteError, NoRecordedIntentError, NoStrategyTargetCollateralError, UnexpectedFailureError, UnsupportedCollateralTokenError, UnsupportedTokenPairError, WithdrawalInProgressError, creditAccountNotEmpty, creditAccountNotFound, emptyOpenTakesNothing, multipleDelayedWithdrawals, noDelayedRoute, noRecordedIntent, noStrategyTargetCollateral, unexpectedFailure, unsupportedCollateralToken, unsupportedTokenPair, withdrawalInProgress };
+export { CreditAccountNotEmptyError, CreditAccountNotFoundError, MultipleDelayedWithdrawalsError, NoDelayedRouteError, NoRecordedIntentError, NoStrategyTargetCollateralError, UnexpectedFailureError, UnsupportedCollateralTokenError, UnsupportedTokenPairError, WithdrawalInProgressError, creditAccountNotEmpty, creditAccountNotFound, multipleDelayedWithdrawals, noDelayedRoute, noRecordedIntent, noStrategyTargetCollateral, unexpectedFailure, unsupportedCollateralToken, unsupportedTokenPair, withdrawalInProgress };