@gearbox-protocol/sdk 16.3.2 → 16.4.0-next.10

package/dist/cjs/onchain/accounts/intents/utils/credit-account-slice.js

@@ -27,6 +27,26 @@ function toCreditAccountSlice(ca) {
 	};
 }
 /**
+* The slice a flow that has no account yet quotes against.
+*
+* Nothing of it exists on chain until the transaction lands, and nothing has
+* to: the pathfinder is asked about the credit manager, and every balance the
+* flow reasons about is one the transaction itself puts there. The zero
+* address stands in for the account so the shape is complete.
+*/
+function unopenedAccountSlice(args) {
+	return {
+		creditAccount: "0x0000000000000000000000000000000000000000",
+		creditManager: args.creditManager.toLowerCase(),
+		creditFacade: args.creditFacade.toLowerCase(),
+		underlying: args.underlying.toLowerCase(),
+		enabledTokensMask: 0n,
+		totalDebtUSD: 0n,
+		totalDebt: 0n,
+		tokens: []
+	};
+}
+/**
 * Reads an account by address and narrows it to {@link CreditAccountSlice}.
 *
 * The shared read model's `StrategyPosition` carries neither `tokens` nor
@@ -43,3 +63,4 @@ async function fetchCreditAccountSlice(sdk, creditAccount) {
 //#endregion
 exports.fetchCreditAccountSlice = fetchCreditAccountSlice;
 exports.toCreditAccountSlice = toCreditAccountSlice;
+exports.unopenedAccountSlice = unopenedAccountSlice;

package/dist/cjs/onchain/accounts/intents/utils/index.js

@@ -26,7 +26,9 @@ exports.lossRate = require_onchain_accounts_intents_utils_price_impact.lossRate;
 exports.pickFattestNonPhantomToken = require_onchain_accounts_intents_utils_pick_token.pickFattestNonPhantomToken;
 exports.quotasAfterUpdate = require_onchain_accounts_intents_utils_quotas_for_update.quotasAfterUpdate;
 exports.rankAccountTokens = require_onchain_accounts_intents_utils_pick_token.rankAccountTokens;
+exports.resolveCreditManager = require_onchain_accounts_intents_utils_common.resolveCreditManager;
 exports.startProbe = require_onchain_accounts_intents_utils_price_impact.startProbe;
 exports.toCreditAccountSlice = require_onchain_accounts_intents_utils_credit_account_slice.toCreditAccountSlice;
 exports.toRouterCaSlice = require_onchain_accounts_intents_utils_common.toRouterCaSlice;
 exports.toTargetDecimals = require_onchain_accounts_intents_utils_common.toTargetDecimals;
+exports.unopenedAccountSlice = require_onchain_accounts_intents_utils_credit_account_slice.unopenedAccountSlice;

package/dist/cjs/onchain/accounts/intents/utils/price-impact.js

@@ -19,12 +19,12 @@ function probeBasket(balances, oracle) {
 		if (usd > 0n) basketWad += usd * require_onchain_constants_math.WAD / require_onchain_constants_math.PRICE_DECIMALS;
 	}
 	if (basketWad <= 0n) return;
-	const probeWad = PROBE_UNIT_USD_WAD;
 	const scaled = balances.map((asset) => ({
 		token: asset.token,
-		balance: asset.balance * probeWad / basketWad
+		balance: asset.balance * PROBE_UNIT_USD_WAD / basketWad
 	}));
-	if (!scaled.some((a) => a.balance > 0n)) return;
+	const probeWad = scaled.reduce((sum, a) => sum + oracle.safeConvertToUSD(a.token, a.balance).value * require_onchain_constants_math.WAD / require_onchain_constants_math.PRICE_DECIMALS, 0n);
+	if (probeWad <= 0n) return;
 	return {
 		balances: scaled,
 		basketWad,

package/dist/cjs/onchain/accounts/intents/withdraw-limits.js

@@ -0,0 +1,97 @@
+Object.defineProperty(exports, Symbol.toStringTag, { value: "Module" });
+const require_onchain_utils_bigint_math = require("../../utils/bigint-math.js");
+require("../../utils/index.js");
+const require_onchain_validation_helpers_health_factor_limits = require("../../validation/helpers/health-factor-limits.js");
+require("../../validation/index.js");
+const require_onchain_accounts_intents_utils_common = require("./utils/common.js");
+const require_onchain_accounts_intents_math = require("./math.js");
+const require_onchain_accounts_intents_collateral_valuation = require("./collateral-valuation.js");
+const require_onchain_accounts_intents_view = require("./view.js");
+//#region src/onchain/accounts/intents/withdraw-limits.ts
+/**
+* Every limit a `WITHDRAW` answers to, in underlying units.
+*
+* The one place they are assembled, so the figure a form is offered and the
+* figure the collateral guard names when it turns a withdrawal down cannot
+* drift apart: `CreditAccountOperationsService` reports this, and the guard
+* quotes it back.
+*
+* @param props - Account slice, the SDK holding its market, and optionally the
+* collateral the withdrawal would be funded from
+* @returns The three limits, see {@link WithdrawCeilings}
+**/
+function withdrawLimits(props) {
+	const { creditAccount, sdk } = props;
+	const view = require_onchain_accounts_intents_view.accountView(creditAccount, sdk);
+	const partial = require_onchain_accounts_intents_math.maxProportionalWithdrawal(view, view.debtLimits);
+	const safe = maxSafeWithdrawal({
+		...props,
+		targetHF: BigInt(require_onchain_validation_helpers_health_factor_limits.MIN_HEALTH_FACTOR_FACADE)
+	});
+	return {
+		partial,
+		safePartial: require_onchain_utils_bigint_math.BigIntMath.min(partial, safe),
+		exit: view.collateral > 0n ? view.collateral : 0n
+	};
+}
+/**
+* Largest proportional withdrawal the safe-price collateral check still clears,
+* in underlying units.
+*
+* A withdrawal hands funds over, so the facade weighs the account it leaves
+* behind at safe prices rather than main ones — see {@link collateralValuation}.
+* That is a second limit on top of the facade's `debtLimits`, and the two are
+* independent: a caller wanting the amount a form may actually offer takes the
+* lesser of this and `maxProportionalWithdrawal`.
+*
+* The arithmetic is the check solved for the amount. Taking `W` out at fixed
+* leverage repays `dD = D·W/C`, so `W·TVL/C` of value is sold out of the source
+* token; each dollar of that sale costs the check the source's threshold times
+* its safe-to-main price ratio, while the repayment relieves `targetHF` per
+* dollar of debt. Both terms are linear in `W`, which is why one division
+* answers instead of a search — and why the answer is exact rather than a
+* bound, as long as the plan really does fund itself from `sourceToken`.
+*
+* Two consequences worth stating, because they surprise:
+*
+* - An account whose collateral is entirely a token the reserve feed marks
+*   down cannot withdraw at all once it is under the threshold. A proportional
+*   withdrawal scales collateral and debt together, so it leaves the safe-price
+*   factor exactly where it found it — no amount climbs back over.
+* - Leaving entirely is never refused for this reason: the exit settles the
+*   debt instead of shrinking it, and a check with no debt to divide by has
+*   nothing to refuse.
+*
+* @returns Amount in underlying units. The account's net value when safe prices
+* do not limit the withdrawal at all, so the caller's `min` is a no-op; `0n`
+* when the account already sits below `targetHF` at safe prices, and only the
+* exit is left
+**/
+function maxSafeWithdrawal(props) {
+	const { creditAccount, sdk, targetHF } = props;
+	const view = require_onchain_accounts_intents_view.accountView(creditAccount, sdk);
+	if (view.collateral <= 0n) return 0n;
+	if (view.debt === 0n) return view.collateral;
+	const valuation = require_onchain_accounts_intents_collateral_valuation.collateralValuation(creditAccount, sdk);
+	const source = props.sourceToken ?? view.fattest();
+	const holding = source === void 0 ? void 0 : creditAccount.tokens.find((t) => require_onchain_accounts_intents_utils_common.eq(t.token, source));
+	if (!holding) return view.collateral;
+	let total = 0n;
+	for (const t of creditAccount.tokens) if (valuation.counts(t)) total += valuation.weigh(t);
+	const debtUsd = valuation.mainUsd(valuation.underlying, view.debt);
+	if (debtUsd === void 0 || debtUsd <= 0n) return view.collateral;
+	const slack = total - debtUsd * targetHF;
+	if (slack < 0n) return 0n;
+	const sourceMainUsd = valuation.mainUsd(holding.token, holding.balance);
+	if (sourceMainUsd === void 0 || sourceMainUsd <= 0n) return view.collateral;
+	const sourceRate = valuation.lt(holding.token) * valuation.checkedUsd(holding);
+	const tvlUsd = valuation.mainUsd(valuation.underlying, view.collateral + view.debt);
+	if (tvlUsd === void 0) return view.collateral;
+	const drain = sourceRate * tvlUsd - targetHF * debtUsd * sourceMainUsd;
+	if (drain <= 0n) return view.collateral;
+	const limit = view.collateral * slack * sourceMainUsd / drain;
+	return limit < view.collateral ? limit : view.collateral;
+}
+//#endregion
+exports.maxSafeWithdrawal = maxSafeWithdrawal;
+exports.withdrawLimits = withdrawLimits;

package/dist/cjs/onchain/core/createAddressProvider.js

@@ -1,15 +1,12 @@
 Object.defineProperty(exports, Symbol.toStringTag, { value: "Module" });
 const require_abi_iVersion = require("../../abi/iVersion.js");
-const require_onchain_constants_address_provider = require("../constants/address-provider.js");
+require("../constants/address-provider.js");
 const require_onchain_constants_versions = require("../constants/versions.js");
 require("../constants/index.js");
 const require_onchain_utils_hex = require("../utils/hex.js");
 const require_onchain_core_AddressProviderV310Contract = require("./AddressProviderV310Contract.js");
 //#region src/onchain/core/createAddressProvider.ts
-const OVERRIDE_ADDRESSES = { Mainnet: {
-	[require_onchain_constants_address_provider.AP_PRICE_FEED_COMPRESSOR]: { 311: "0x1fA2637B9fab0CD14290A7EE908DDc9688a15120" },
-	[require_onchain_constants_address_provider.AP_MARKET_COMPRESSOR]: { 311: "0x0C27F242f6e9F2A9AD3261bE6e439De3B948bcA2" }
-} };
+const OVERRIDE_ADDRESSES = {};
 async function createAddressProvider(sdk, address) {
 	let v;
 	if (require_onchain_utils_hex.hexEq(address, "0xF7f0a609BfAb9a0A98786951ef10e5FE26cC1E38")) v = 310n;

package/dist/cjs/onchain/index.js

@@ -213,6 +213,7 @@ const require_onchain_validation_checks_checkPoolPaused = require("./validation/
 const require_onchain_validation_checks_checkPoolSunset = require("./validation/checks/checkPoolSunset.js");
 const require_onchain_validation_checks_checkQuotaCount = require("./validation/checks/checkQuotaCount.js");
 const require_onchain_validation_checks_checkQuotaLimit = require("./validation/checks/checkQuotaLimit.js");
+const require_onchain_validation_checks_checkReservePriceLimited = require("./validation/checks/checkReservePriceLimited.js");
 const require_onchain_validation_bundles_checkAccountQuotas = require("./validation/bundles/checkAccountQuotas.js");
 const require_onchain_validation_bundles_checkWalletAllowance = require("./validation/bundles/checkWalletAllowance.js");
 const require_onchain_validation_bundles_checkWalletBalance = require("./validation/bundles/checkWalletBalance.js");
@@ -222,6 +223,7 @@ const require_onchain_validation_bundles_checkIncreaseDebt = require("./validati
 const require_onchain_validation_bundles_checkIncreaseQuota = require("./validation/bundles/checkIncreaseQuota.js");
 const require_onchain_validation_bundles_checkMarket = require("./validation/bundles/checkMarket.js");
 const require_onchain_validation_bundles_checkObtained = require("./validation/bundles/checkObtained.js");
+const require_onchain_validation_bundles_checkMidasAccountGreenlist = require("./validation/bundles/checkMidasAccountGreenlist.js");
 const require_onchain_validation_bundles_checkRWAOpenRequirements = require("./validation/bundles/checkRWAOpenRequirements.js");
 const require_onchain_validation_bundles_checkRWAOpening = require("./validation/bundles/checkRWAOpening.js");
 const require_onchain_validation_bundles_checkCreditOperation = require("./validation/bundles/checkCreditOperation.js");
@@ -292,6 +294,7 @@ const require_onchain_preview_preview_detectCloseOrRepay = require("./preview/pr
 const require_onchain_preview_preview_detectDelayedClaim = require("./preview/preview/detectDelayedClaim.js");
 const require_onchain_preview_preview_detectDelayedOperation = require("./preview/preview/detectDelayedOperation.js");
 const require_onchain_preview_preview_estimateClaimableAt = require("./preview/preview/estimateClaimableAt.js");
+const require_onchain_preview_preview_midasGreenlistsAccount = require("./preview/preview/midasGreenlistsAccount.js");
 const require_onchain_preview_preview_previewAdjustStrategyPosition = require("./preview/preview/previewAdjustStrategyPosition.js");
 const require_onchain_preview_preview_previewExitOrRepayStrategyPosition = require("./preview/preview/previewExitOrRepayStrategyPosition.js");
 const require_onchain_preview_preview_replayInnerOperations = require("./preview/preview/replayInnerOperations.js");
@@ -575,6 +578,7 @@ exports.checkLiquidationFunding = require_onchain_validation_bundles_checkLiquid
 exports.checkLiquidatorEligible = require_onchain_validation_checks_checkLiquidatorEligible.checkLiquidatorEligible;
 exports.checkMarket = require_onchain_validation_bundles_checkMarket.checkMarket;
 exports.checkMarketExpired = require_onchain_validation_checks_checkMarketExpired.checkMarketExpired;
+exports.checkMidasAccountGreenlist = require_onchain_validation_bundles_checkMidasAccountGreenlist.checkMidasAccountGreenlist;
 exports.checkObtained = require_onchain_validation_bundles_checkObtained.checkObtained;
 exports.checkOperation = require_onchain_validation_checkOperation.checkOperation;
 exports.checkPoolFunding = require_onchain_validation_bundles_checkPoolFunding.checkPoolFunding;
@@ -586,6 +590,7 @@ exports.checkQuotaCount = require_onchain_validation_checks_checkQuotaCount.chec
 exports.checkQuotaLimit = require_onchain_validation_checks_checkQuotaLimit.checkQuotaLimit;
 exports.checkRWAOpenRequirements = require_onchain_validation_bundles_checkRWAOpenRequirements.checkRWAOpenRequirements;
 exports.checkRWAOpening = require_onchain_validation_bundles_checkRWAOpening.checkRWAOpening;
+exports.checkReservePriceLimited = require_onchain_validation_checks_checkReservePriceLimited.checkReservePriceLimited;
 exports.checkSimulation = require_onchain_validation_checkSimulation.checkSimulation;
 exports.checkWallet = require_onchain_validation_bundles_checkWallet.checkWallet;
 exports.checkWalletAllowance = require_onchain_validation_bundles_checkWalletAllowance.checkWalletAllowance;
@@ -753,6 +758,7 @@ exports.json_stringify = require_onchain_utils_json.json_stringify;
 exports.lidoV1_WETHGatewayAbi = require_onchain_market_adapters_abi_targetContractAbi.lidoV1_WETHGatewayAbi;
 exports.makeReplayState = require_onchain_preview_preview_replayInnerOperations.makeReplayState;
 exports.mellowDvvAdapterAbi = require_onchain_market_adapters_abi_adapters_mellowDvvAdapter.mellowDvvAdapterAbi;
+exports.midasGreenlistsAccount = require_onchain_preview_preview_midasGreenlistsAccount.midasGreenlistsAccount;
 exports.minSeizedAmount = require_onchain_market_math.minSeizedAmount;
 exports.numberWithCommas = require_onchain_utils_formatter.numberWithCommas;
 exports.onchainSDKOptionsSchema = require_onchain_options.onchainSDKOptionsSchema;

package/dist/cjs/onchain/market/adapters/abi/conctructorAbi.js

@@ -20,7 +20,7 @@ const adapterConstructorAbi = {
 	["INFINIFI_GATEWAY"]: { 310: require_onchain_market_adapters_abi_conctructorAbiPatterns.BASIC_ADAPTER_ABI },
 	["LIDO_V1"]: { 310: require_onchain_market_adapters_abi_conctructorAbiPatterns.BASIC_ADAPTER_ABI },
 	["LIDO_WSTETH_V1"]: { 310: require_onchain_market_adapters_abi_conctructorAbiPatterns.BASIC_ADAPTER_ABI },
-	["MIDAS_GATEWAY"]: { 311: require_onchain_market_adapters_abi_conctructorAbiPatterns.REFERER_ID_ADAPTER_ABI },
+	["MIDAS_GATEWAY"]: { 311: require_onchain_market_adapters_abi_conctructorAbiPatterns.BASIC_ADAPTER_ABI },
 	["MIDAS_REDEMPTION_VAULT"]: {
 		310: require_onchain_market_adapters_abi_conctructorAbiPatterns.BASIC_ADAPTER_ABI,
 		311: require_onchain_market_adapters_abi_conctructorAbiPatterns.BASIC_ADAPTER_ABI

package/dist/cjs/onchain/market/adapters/contracts/MidasGatewayAdapterContract.js

@@ -170,13 +170,21 @@ var MidasGatewayAdapterContract = class extends require_onchain_market_adapters_
 		return { redeemer };
 	}
 	/**
+	* Whether `calldata` is `receiveGreenlist()`, the call that grants the
+	* Midas greenlisted role to the credit account.
+	*/
+	isReceiveGreenlist(calldata) {
+		return calldata === receiveGreenlistCalldata;
+	}
+	/**
 	* `receiveGreenlist()` is prepended by `prependMidasReceiveGreenlist`
 	* before the balance bracket when the multicall mints a permissioned
-	* mToken: it only greenlists the credit account and is balance-neutral,
-	* so it is legal outside a bracket and leaves balances untouched.
+	* mToken: it only grants the Midas greenlisted role to the credit
+	* account and is balance-neutral, so it is legal outside a bracket and
+	* leaves balances untouched.
 	*/
 	replayOutOfBracketCall(_balances, calldata) {
-		return calldata === receiveGreenlistCalldata;
+		return this.isReceiveGreenlist(calldata);
 	}
 	applyBalanceChanges(balances, decoded) {
 		switch (decoded.functionName) {

package/dist/cjs/onchain/positions/calcHealthFactor.js

@@ -36,7 +36,7 @@ function calcHealthFactor(props) {
 		const scale = 10n ** BigInt(decimalsByToken.get(token) ?? 18);
 		return amount * price / scale;
 	};
-	const assetMoney = snapshot.assets.reduce((acc, { token, balance }) => {
+	const assetValue = snapshot.assets.reduce((acc, { token, balance }) => {
 		if (balance <= 10n) return acc;
 		const lt = BigInt(lts.get(token) ?? 0);
 		const tokenLtWeighted = (convertToUSD(token, balance, true) ?? 0n) * lt;
@@ -45,8 +45,8 @@ function calcHealthFactor(props) {
 		const quotaWeighted = (convertToUSD(underlying, quotaBalance) ?? 0n) * require_onchain_constants_math.PERCENTAGE_FACTOR;
 		return acc + (quota ? require_onchain_utils_bigint_math.BigIntMath.min(quotaWeighted, tokenLtWeighted) : tokenLtWeighted);
 	}, 0n);
-	const borrowedMoney = convertToUSD(underlying, snapshot.totalDebt) ?? 0n;
-	const hf = borrowedMoney > 0n ? assetMoney / borrowedMoney : 0n;
+	const borrowedValue = convertToUSD(underlying, snapshot.totalDebt) ?? 0n;
+	const hf = borrowedValue > 0n ? assetValue / borrowedValue : 0n;
 	return Number(hf);
 }
 //#endregion

package/dist/cjs/onchain/preview/index.js

@@ -12,6 +12,7 @@ const require_onchain_preview_preview_detectCloseOrRepay = require("./preview/de
 const require_onchain_preview_preview_detectDelayedClaim = require("./preview/detectDelayedClaim.js");
 const require_onchain_preview_preview_detectDelayedOperation = require("./preview/detectDelayedOperation.js");
 const require_onchain_preview_preview_estimateClaimableAt = require("./preview/estimateClaimableAt.js");
+const require_onchain_preview_preview_midasGreenlistsAccount = require("./preview/midasGreenlistsAccount.js");
 const require_onchain_preview_preview_previewAdjustStrategyPosition = require("./preview/previewAdjustStrategyPosition.js");
 const require_onchain_preview_preview_previewExitOrRepayStrategyPosition = require("./preview/previewExitOrRepayStrategyPosition.js");
 const require_onchain_preview_preview_replayInnerOperations = require("./preview/replayInnerOperations.js");
@@ -29,6 +30,7 @@ exports.isCloseOrRepay = require_onchain_preview_preview_detectCloseOrRepay.isCl
 exports.isPoolOperation = require_onchain_preview_parse_types.isPoolOperation;
 exports.isRWAOperation = require_onchain_preview_parse_types.isRWAOperation;
 exports.makeReplayState = require_onchain_preview_preview_replayInnerOperations.makeReplayState;
+exports.midasGreenlistsAccount = require_onchain_preview_preview_midasGreenlistsAccount.midasGreenlistsAccount;
 exports.parseFacadeOperationCalldata = require_onchain_preview_parse_parseFacadeOperationCalldata.parseFacadeOperationCalldata;
 exports.parseOperationCalldata = require_onchain_preview_parse_parseOperationCalldata.parseOperationCalldata;
 exports.parsePoolOperationCalldata = require_onchain_preview_parse_parsePoolOperationCalldata.parsePoolOperationCalldata;

package/dist/cjs/onchain/preview/preview/index.js

@@ -5,6 +5,7 @@ const require_onchain_preview_preview_detectCloseOrRepay = require("./detectClos
 const require_onchain_preview_preview_detectDelayedClaim = require("./detectDelayedClaim.js");
 const require_onchain_preview_preview_detectDelayedOperation = require("./detectDelayedOperation.js");
 const require_onchain_preview_preview_estimateClaimableAt = require("./estimateClaimableAt.js");
+const require_onchain_preview_preview_midasGreenlistsAccount = require("./midasGreenlistsAccount.js");
 const require_onchain_preview_preview_previewAdjustStrategyPosition = require("./previewAdjustStrategyPosition.js");
 const require_onchain_preview_preview_previewExitOrRepayStrategyPosition = require("./previewExitOrRepayStrategyPosition.js");
 const require_onchain_preview_preview_replayInnerOperations = require("./replayInnerOperations.js");
@@ -18,6 +19,7 @@ exports.detectDelayedOperation = require_onchain_preview_preview_detectDelayedOp
 exports.estimateClaimableAt = require_onchain_preview_preview_estimateClaimableAt.estimateClaimableAt;
 exports.isCloseOrRepay = require_onchain_preview_preview_detectCloseOrRepay.isCloseOrRepay;
 exports.makeReplayState = require_onchain_preview_preview_replayInnerOperations.makeReplayState;
+exports.midasGreenlistsAccount = require_onchain_preview_preview_midasGreenlistsAccount.midasGreenlistsAccount;
 exports.previewAdjustStrategyPosition = require_onchain_preview_preview_previewAdjustStrategyPosition.previewAdjustStrategyPosition;
 exports.previewExitOrRepayStrategyPosition = require_onchain_preview_preview_previewExitOrRepayStrategyPosition.previewExitOrRepayStrategyPosition;
 exports.previewOperation = require_onchain_preview_preview_previewOperation.previewOperation;

package/dist/cjs/onchain/preview/preview/midasGreenlistsAccount.js

@@ -0,0 +1,17 @@
+Object.defineProperty(exports, Symbol.toStringTag, { value: "Module" });
+const require_onchain_market_adapters_contracts_MidasGatewayAdapterContract = require("../../market/adapters/contracts/MidasGatewayAdapterContract.js");
+//#region src/onchain/preview/preview/midasGreenlistsAccount.ts
+/**
+* Whether the multicall grants the Midas greenlisted role to the credit
+* account via `receiveGreenlist()`.
+*/
+function midasGreenlistsAccount(sdk, multicall) {
+	for (const op of multicall) {
+		if (op.operation !== "Execute") continue;
+		const adapter = sdk.getContract(op.adapter);
+		if (adapter instanceof require_onchain_market_adapters_contracts_MidasGatewayAdapterContract.MidasGatewayAdapterContract && adapter.isReceiveGreenlist(op.calldata)) return true;
+	}
+	return false;
+}
+//#endregion
+exports.midasGreenlistsAccount = midasGreenlistsAccount;

package/dist/cjs/onchain/preview/preview/previewOpenStrategyPosition.js

@@ -3,25 +3,23 @@ const require_onchain_constants_address_provider = require("../../constants/addr
 const require_model_previews = require("../../../model/previews.js");
 const require_model_result = require("../../../model/result.js");
 require("../../../model/index.js");
-const require_onchain_preview_preview_CreditAccountState = require("./CreditAccountState.js");
+const require_onchain_preview_preview_midasGreenlistsAccount = require("./midasGreenlistsAccount.js");
 const require_onchain_preview_preview_unwrapNativeCollateral = require("./unwrapNativeCollateral.js");
-const require_onchain_preview_preview_replayInnerOperations = require("./replayInnerOperations.js");
 //#region src/onchain/preview/preview/previewOpenStrategyPosition.ts
-function previewOpenStrategyPosition(sdk, input, operation) {
+function previewOpenStrategyPosition(sdk, input, operation, replay) {
 	const { value = 0n } = input;
 	const market = sdk.marketRegister.findByCreditManager(operation.creditManager);
 	const oracle = market.priceOracle;
-	const state = require_onchain_preview_preview_replayInnerOperations.makeReplayState(require_onchain_preview_preview_CreditAccountState.CreditAccountState.beforeOpen(operation.creditManager, market.underlying));
-	const replayError = require_onchain_preview_preview_replayInnerOperations.replayInnerOperations(sdk, operation.multicall, state);
-	if (replayError) return require_model_result.sdkErr(replayError);
-	const account = state.account;
+	const { before, after } = replay;
+	const account = after.account;
 	let warning;
-	const netValue = state.collateralAdded.sum((token, balance) => {
+	const price = (token, balance) => {
 		const priced = oracle.safeConvert(token, market.underlying, balance);
 		warning ??= priced.error;
 		return priced.value;
-	});
-	const unwrapped = require_onchain_preview_preview_unwrapNativeCollateral.unwrapNativeCollateral(state.collateralAdded.toAssets(), value, sdk.addressProvider.getAddress(require_onchain_constants_address_provider.AP_WETH_TOKEN, 0));
+	};
+	const netValue = before.balances.sum(price) + after.collateralAdded.sum(price) - after.collateralWithdrawn.sum(price);
+	const unwrapped = require_onchain_preview_preview_unwrapNativeCollateral.unwrapNativeCollateral(after.collateralAdded.toAssets(), value, sdk.addressProvider.getAddress(require_onchain_constants_address_provider.AP_WETH_TOKEN, 0));
 	if (!unwrapped.ok) return unwrapped;
 	const collateral = unwrapped.data;
 	const snap = account.toSnapshot(netValue + account.totalDebt);
@@ -30,16 +28,15 @@ function previewOpenStrategyPosition(sdk, input, operation) {
 		...require_model_previews.asEstimated(sdk.positions.projection(snap, { availableLiquidityChange: -account.totalDebt })),
 		targetCollateral: targetAsset ? oracle.toTokenAmount(targetAsset.token, targetAsset.balance) : void 0,
 		collateralAdded: collateral.map((a) => oracle.toTokenAmount(a.token, a.balance)),
+		collateralWithdrawn: after.collateralWithdrawn.toAssets().map((a) => oracle.toTokenAmount(a.token, a.balance)),
 		warning
 	};
-	if (operation.operation === "RWAOpenCreditAccount") return require_model_result.sdkOk({
-		...projection,
-		operation: "RWAOpenCreditAccount",
-		rwaArgs: operation.args
-	});
 	return require_model_result.sdkOk({
 		...projection,
-		operation: "OpenCreditAccount"
+		operation: "OpenCreditAccount",
+		...operation.operation === "MultiCall" || operation.operation === "BotMulticall" || operation.operation === "RWAMulticall" ? { creditAccount: operation.creditAccount } : {},
+		..."args" in operation ? { rwaArgs: operation.args } : {},
+		midasGreenlistsAccount: require_onchain_preview_preview_midasGreenlistsAccount.midasGreenlistsAccount(sdk, operation.multicall)
 	});
 }
 /**

package/dist/cjs/onchain/preview/preview/previewOperation.js

@@ -34,9 +34,13 @@ async function previewOperation(sdk, input, options, creditAccount) {
 	if (!parsed.ok) return parsed;
 	const operation = parsed.data;
 	if (require_onchain_preview_parse_types.isPoolOperation(operation)) return require_onchain_preview_preview_previewPoolPositionOperation.previewPoolPositionOperation(sdk, operation, options);
-	if (operation.operation === "OpenCreditAccount" || operation.operation === "RWAOpenCreditAccount") return require_onchain_preview_preview_previewOpenStrategyPosition.previewOpenStrategyPosition(sdk, input, operation);
+	if (operation.operation === "OpenCreditAccount" || operation.operation === "RWAOpenCreditAccount") {
+		const replayed = require_onchain_preview_preview_replayMulticall.replayMulticall(sdk, operation);
+		if (!replayed.ok) return replayed;
+		return require_onchain_preview_preview_previewOpenStrategyPosition.previewOpenStrategyPosition(sdk, input, operation, replayed.data);
+	}
 	if (operation.operation === "CloseCreditAccount") {
-		const resolved = await resolveCreditAccount(sdk, operation, options, creditAccount);
+		const resolved = await resolveCreditAccount(sdk, operation.creditAccount, options, creditAccount);
 		if (!resolved.ok) return resolved;
 		const replayed = require_onchain_preview_preview_replayMulticall.replayMulticall(sdk, operation, resolved.data);
 		if (!replayed.ok) return replayed;
@@ -48,7 +52,7 @@ async function previewOperation(sdk, input, options, creditAccount) {
 		return preview;
 	}
 	if (operation.operation === "MultiCall" || operation.operation === "BotMulticall" || operation.operation === "RWAMulticall") {
-		const resolved = await resolveCreditAccount(sdk, operation, options, creditAccount);
+		const resolved = await resolveCreditAccount(sdk, operation.creditAccount, options, creditAccount);
 		if (!resolved.ok) return resolved;
 		const replayed = require_onchain_preview_preview_replayMulticall.replayMulticall(sdk, operation, resolved.data);
 		if (!replayed.ok) return replayed;
@@ -65,20 +69,24 @@ async function previewOperation(sdk, input, options, creditAccount) {
 * injected state when present, otherwise fetches it from the credit account
 * compressor.
 */
-async function resolveCreditAccount(sdk, operation, options, creditAccount) {
-	let resolved = creditAccount;
-	if (!resolved) resolved = await sdk.accounts.getCreditAccountData(operation.creditAccount, options?.blockNumber);
-	if (!resolved) return require_model_result.sdkErr(require_model_errors_prepare_errors.creditAccountNotFound(operation.creditAccount));
+async function resolveCreditAccount(sdk, address, options, data) {
+	let resolved = data;
+	if (!resolved) resolved = await sdk.accounts.getCreditAccountData(address, options?.blockNumber);
+	if (!resolved) return require_model_result.sdkErr(require_model_errors_prepare_errors.creditAccountNotFound(address));
 	return require_model_result.sdkOk(resolved);
 }
 /**
 * Previews a plain/bot/RWA multicall: classifies the instant preview
-* (zero-debt closure/repay vs adjustment) and, when the multicall requests a
-* delayed withdrawal, wraps the instant preview into a
-* `DelayedCreditAccountOperation` together with the best-effort preview of
-* the state after the withdrawal is claimed.
+* (reopening a zero-debt account, zero-debt closure/repay, or adjustment)
+* and, when the multicall requests a delayed withdrawal, wraps the instant
+* preview into a `DelayedCreditAccountOperation` together with the
+* best-effort preview of the state after the withdrawal is claimed.
+*
+* A reopening is reported as `OpenCreditAccount` and never as a delayed
+* withdrawal: an opening requests no redemption.
 */
 async function previewMulticallOperation(sdk, input, operation, replay, blockNumber) {
+	if (replay.before.totalDebt === 0n && replay.before.quotas.toAssets(0n).length === 0 && replay.after.account.totalDebt > 0n) return require_onchain_preview_preview_previewOpenStrategyPosition.previewOpenStrategyPosition(sdk, input, operation, replay);
 	let instantPreview;
 	if (require_onchain_preview_preview_detectCloseOrRepay.isCloseOrRepay(operation.multicall)) {
 		const instant = require_onchain_preview_preview_previewExitOrRepayStrategyPosition.previewExitOrRepayStrategyPosition(sdk, input, operation, false, replay);

package/dist/cjs/onchain/preview/preview/replayMulticall.js

@@ -5,11 +5,12 @@ const require_onchain_preview_preview_CreditAccountState = require("./CreditAcco
 const require_onchain_preview_preview_replayInnerOperations = require("./replayInnerOperations.js");
 //#region src/onchain/preview/preview/replayMulticall.ts
 /**
-* Replays the operation's multicall over the account's pre-resolved
-* pre-state via {@link replayInnerOperations}.
+* Replays the operation's multicall via {@link replayInnerOperations}.
+* When `creditAccount` is omitted, the seed is
+* {@link CreditAccountState.beforeOpen} (a fresh opening).
 */
 function replayMulticall(sdk, operation, creditAccount) {
-	const before = require_onchain_preview_preview_CreditAccountState.CreditAccountState.fromCreditAccountData(creditAccount);
+	const before = creditAccount ? require_onchain_preview_preview_CreditAccountState.CreditAccountState.fromCreditAccountData(creditAccount) : require_onchain_preview_preview_CreditAccountState.CreditAccountState.beforeOpen(operation.creditManager, sdk.marketRegister.findByCreditManager(operation.creditManager).underlying);
 	const after = require_onchain_preview_preview_replayInnerOperations.makeReplayState(before.clone());
 	const error = require_onchain_preview_preview_replayInnerOperations.replayInnerOperations(sdk, operation.multicall, after);
 	if (error) return require_model_result.sdkErr(error);

package/dist/cjs/onchain/validation/bundles/checkCollateralFunding.js

@@ -23,13 +23,13 @@ async function checkCollateralFunding(input) {
 	if (held.size === 0) return [];
 	let spender;
 	try {
-		if (preview.operation === "OpenCreditAccount" || preview.operation === "RWAOpenCreditAccount") spender = await sdk.accounts.getApprovalAddress({
+		if (preview.creditAccount) spender = await sdk.accounts.getApprovalAddress({
 			creditManager: preview.creditManager,
-			borrower: sender
+			creditAccount: preview.creditAccount
 		});
 		else spender = await sdk.accounts.getApprovalAddress({
 			creditManager: preview.creditManager,
-			creditAccount: preview.creditAccount
+			borrower: sender
 		});
 	} catch (cause) {
 		return [require_model_errors_prepare_errors.unexpectedFailure(cause, "resolve the approval address")];

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

@@ -26,7 +26,8 @@ async function checkCreditOperation(args) {
 	const suite = sdk.marketRegister.findCreditManager(preview.creditManager);
 	const market = suite.market;
 	const underlying = require_onchain_validation_helpers_token.toToken(sdk, market.pool.underlying);
-	const isOpening = preview.operation === "OpenCreditAccount" || preview.operation === "RWAOpenCreditAccount";
+	const isOpening = preview.operation === "OpenCreditAccount";
+	const isEmptyOpening = preview.operation === "OpenCreditAccount" && preview.totalDebt.value === 0n && preview.collateralAdded.length === 0 && preview.quotas.length === 0;
 	const protocol = [
 		...require_onchain_validation_bundles_checkMarket.checkMarket(suite),
 		...require_onchain_validation_checks_checkDebtLimits.checkDebtLimits({
@@ -34,7 +35,7 @@ async function checkCreditOperation(args) {
 			minDebt: suite.creditFacade.minDebt,
 			maxDebt: suite.creditFacade.maxDebt,
 			underlying,
-			allowZero: !isOpening,
+			allowZero: !isOpening || isEmptyOpening,
 			maxBorrowAmount: suite.maxBorrowAmount()
 		}),
 		...require_onchain_validation_bundles_checkIncreaseDebt.checkIncreaseDebt(suite, preview, underlying),
@@ -52,7 +53,7 @@ async function checkCreditOperation(args) {
 		preview,
 		sender,
 		blockNumber
-	}), preview.operation === "OpenCreditAccount" || preview.operation === "RWAOpenCreditAccount" ? require_onchain_validation_bundles_checkRWAOpening.checkRWAOpening({
+	}), isOpening ? require_onchain_validation_bundles_checkRWAOpening.checkRWAOpening({
 		sdk,
 		preview,
 		sender

package/dist/cjs/onchain/validation/bundles/checkMidasAccountGreenlist.js

@@ -0,0 +1,44 @@
+Object.defineProperty(exports, Symbol.toStringTag, { value: "Module" });
+const require_model_errors_operation_errors = require("../../../model/errors/operation-errors.js");
+const require_model_errors_prepare_errors = require("../../../model/errors/prepare-errors.js");
+require("../../../model/index.js");
+const require_onchain_validation_helpers_token = require("../helpers/token.js");
+require("../helpers/index.js");
+//#region src/onchain/validation/bundles/checkMidasAccountGreenlist.ts
+/**
+* Whether the credit account already holds the Midas greenlisted role
+* this permissioned mToken requires of its holder.
+*/
+async function checkMidasAccountGreenlist(input) {
+	const { sdk, preview, nft, tokens } = input;
+	if (nft.protocol !== "midas") return [];
+	if (tokens.length === 0) return [];
+	const account = preview.creditAccount;
+	if (!account) return tokens.map((token) => require_model_errors_operation_errors.accountNotMidasGreenlisted({
+		token: require_onchain_validation_helpers_token.toToken(sdk, token),
+		creditManager: preview.creditManager
+	}));
+	return (await Promise.all(tokens.map((token) => checkAccountRole({
+		sdk,
+		nft,
+		account,
+		token,
+		preview
+	})))).flat();
+}
+async function checkAccountRole(input) {
+	const { sdk, nft, account, token, preview } = input;
+	try {
+		const requirements = await nft.getOpenAccountRequirements(account, { tokenOutAddress: token });
+		if (nft.isRegistered(requirements)) return [];
+		return [require_model_errors_operation_errors.accountNotMidasGreenlisted({
+			token: require_onchain_validation_helpers_token.toToken(sdk, token),
+			creditManager: preview.creditManager,
+			creditAccount: account
+		})];
+	} catch (cause) {
+		return [require_model_errors_prepare_errors.unexpectedFailure(cause, "read the Midas account greenlist")];
+	}
+}
+//#endregion
+exports.checkMidasAccountGreenlist = checkMidasAccountGreenlist;

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

@@ -1,25 +1,34 @@
 Object.defineProperty(exports, Symbol.toStringTag, { value: "Module" });
 const require_onchain_utils_AddressSet = require("../../utils/AddressSet.js");
+const require_onchain_validation_bundles_checkMidasAccountGreenlist = require("./checkMidasAccountGreenlist.js");
 const require_onchain_validation_bundles_checkRWAOpenRequirements = require("./checkRWAOpenRequirements.js");
 //#region src/onchain/validation/bundles/checkRWAOpening.ts
 /**
 * Per KYC-gated token among `collateralAdded ∪ quotas`, whether the
-* borrower still has to register or sign before this opening can land.
+* borrower still has to register or sign before this opening can land,
+* and whether a Midas credit account may hold the mToken.
 */
 async function checkRWAOpening(input) {
 	const { sdk, preview, sender } = input;
 	const nft = await sdk.marketRegister.findCreditManager(preview.creditManager).degenNFT();
 	if (!nft) return [];
-	const gated = new require_onchain_utils_AddressSet.AddressSet(await nft.getTokens());
-	const candidates = new require_onchain_utils_AddressSet.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) => require_onchain_validation_bundles_checkRWAOpenRequirements.checkRWAOpenRequirements({
+	const nftTokens = new require_onchain_utils_AddressSet.AddressSet(await nft.getTokens());
+	let candidates = new require_onchain_utils_AddressSet.AddressSet([...preview.collateralAdded.map((a) => a.token.address), ...preview.quotas.map((q) => q.token.address)]).asArray();
+	candidates = candidates.filter((token) => nftTokens.has(token));
+	let tokensToCheck = candidates;
+	if (tokensToCheck.length === 0 && !preview.creditAccount && nft.protocol === "midas") tokensToCheck = nftTokens.asArray();
+	return (await Promise.all([...tokensToCheck.map((token) => require_onchain_validation_bundles_checkRWAOpenRequirements.checkRWAOpenRequirements({
 		sdk,
 		wallet: sender,
 		creditManager: preview.creditManager,
 		token,
-		providedArgs
-	})))).flat();
+		providedArgs: preview.rwaArgs
+	})), require_onchain_validation_bundles_checkMidasAccountGreenlist.checkMidasAccountGreenlist({
+		sdk,
+		preview,
+		nft,
+		tokens: candidates
+	})])).flat();
 }
 //#endregion
 exports.checkRWAOpening = checkRWAOpening;

package/dist/cjs/onchain/validation/bundles/index.js

@@ -8,6 +8,7 @@ const require_onchain_validation_bundles_checkIncreaseDebt = require("./checkInc
 const require_onchain_validation_bundles_checkIncreaseQuota = require("./checkIncreaseQuota.js");
 const require_onchain_validation_bundles_checkMarket = require("./checkMarket.js");
 const require_onchain_validation_bundles_checkObtained = require("./checkObtained.js");
+const require_onchain_validation_bundles_checkMidasAccountGreenlist = require("./checkMidasAccountGreenlist.js");
 const require_onchain_validation_bundles_checkRWAOpenRequirements = require("./checkRWAOpenRequirements.js");
 const require_onchain_validation_bundles_checkRWAOpening = require("./checkRWAOpening.js");
 const require_onchain_validation_bundles_checkCreditOperation = require("./checkCreditOperation.js");
@@ -25,6 +26,7 @@ exports.checkIncreaseQuota = require_onchain_validation_bundles_checkIncreaseQuo
 exports.checkLiquidationEligibility = require_onchain_validation_bundles_checkLiquidationEligibility.checkLiquidationEligibility;
 exports.checkLiquidationFunding = require_onchain_validation_bundles_checkLiquidationFunding.checkLiquidationFunding;
 exports.checkMarket = require_onchain_validation_bundles_checkMarket.checkMarket;
+exports.checkMidasAccountGreenlist = require_onchain_validation_bundles_checkMidasAccountGreenlist.checkMidasAccountGreenlist;
 exports.checkObtained = require_onchain_validation_bundles_checkObtained.checkObtained;
 exports.checkPoolFunding = require_onchain_validation_bundles_checkPoolFunding.checkPoolFunding;
 exports.checkPoolOperation = require_onchain_validation_bundles_checkPoolOperation.checkPoolOperation;