@gearbox-protocol/sdk 17.10.0 → 17.10.1-next.1

package/dist/cjs/onchain/market/oracle/PriceOracleBaseContract.js

@@ -113,6 +113,9 @@ var PriceOracleBaseContract = class extends require_onchain_base_BaseContract.Ba
 	* {@inheritDoc IPriceOracleContract.convert}
 	**/
 	convert(from, to, amount, reserve = false) {
+		return this.#convert(from, to, amount, reserve, false);
+	}
+	#convert(from, to, amount, reserve, roundUp) {
 		if ((0, viem.isAddressEqual)(from, to)) return amount;
 		const fromToken = this.#priceableToken(from);
 		const toToken = this.#priceableToken(to);
@@ -120,7 +123,9 @@ var PriceOracleBaseContract = class extends require_onchain_base_BaseContract.Ba
 		const fromScale = 10n ** BigInt(this.tokensMeta.decimals(fromToken));
 		const toPrice = reserve ? this.reservePrice(toToken) : this.mainPrice(toToken);
 		const toScale = 10n ** BigInt(this.tokensMeta.decimals(toToken));
-		return amount * fromPrice * toScale / (toPrice * fromScale);
+		const numerator = amount * fromPrice * toScale;
+		const denominator = toPrice * fromScale;
+		return roundUp ? require_onchain_utils_bigint_math.BigIntMath.ceilDiv(numerator, denominator) : numerator / denominator;
 	}
 	/**
 	* {@inheritDoc IPriceOracleContract.convertToUSD}
@@ -141,15 +146,12 @@ var PriceOracleBaseContract = class extends require_onchain_base_BaseContract.Ba
 		const price = reserve ? this.reservePrice(token) : this.mainPrice(token);
 		return amount * 10n ** BigInt(this.tokensMeta.decimals(token)) / price;
 	}
-	/**
-	* {@inheritDoc IPriceOracleContract.safeConvert}
-	**/
 	safeConvert(from, to, amount) {
 		try {
-			return { value: this.convert(from, to, amount) };
+			return { value: this.#convert(from, to, amount, false, true) };
 		} catch {
 			try {
-				return { value: this.convert(from, to, amount, true) };
+				return { value: this.#convert(from, to, amount, true, true) };
 			} catch {
 				return require_model_result.safeValue(0n, require_model_errors_oracle_errors.unpriceableTokenError(from));
 			}

package/dist/cjs/onchain/validation/checks/checkBorrowLimit.js

@@ -12,13 +12,12 @@ require("../helpers/index.js");
 * takeable, left out when none is.
 */
 function checkBorrowLimit(args) {
-	const { requested, available, limit, underlying, maxBorrowAmount } = args;
+	const { requested, available, underlying, maxBorrowAmount, ...rest } = args;
 	if (requested <= available) return [];
 	return [require_model_errors_operation_errors.insufficientPoolLiquidity({
-		collateralLimits: args.getCollateralLimits?.(),
+		...rest,
 		requested: require_onchain_validation_helpers_amount.amountOf(underlying, requested),
 		available: require_onchain_validation_helpers_amount.amountOf(underlying, available),
-		limit,
 		...maxBorrowAmount === void 0 ? {} : { maxBorrowAmount: require_onchain_validation_helpers_amount.amountOf(underlying, maxBorrowAmount) }
 	})];
 }

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

@@ -6,14 +6,13 @@ require("../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, maxBorrowAmount } = args;
+	const { debt, minDebt, maxDebt, underlying, allowZero, ...rest } = args;
 	if (!(debt > maxDebt || debt < minDebt && !(allowZero && debt === 0n))) return [];
 	return [require_model_errors_operation_errors.debtOutOfRange({
-		collateralLimits: args.getCollateralLimits?.(),
+		...rest,
 		requested: require_onchain_validation_helpers_amount.amountOf(underlying, debt),
 		minDebt: require_onchain_validation_helpers_amount.amountOf(underlying, minDebt),
-		maxDebt: require_onchain_validation_helpers_amount.amountOf(underlying, maxDebt),
-		maxBorrowAmount
+		maxDebt: require_onchain_validation_helpers_amount.amountOf(underlying, maxDebt)
 	})];
 }
 //#endregion

package/dist/cjs/onchain/validation/checks/checkQuotaLimit.js

@@ -6,9 +6,10 @@ require("../helpers/index.js");
 //#region src/onchain/validation/checks/checkQuotaLimit.ts
 /** The room the keeper still has for a token's quota, in the underlying. */
 function checkQuotaLimit(args) {
-	const { token, requested, available, underlying } = args;
+	const { token, requested, available, underlying, ...rest } = args;
 	if (requested !== void 0 && requested <= available) return [];
 	return [require_model_errors_operation_errors.quotaLimitReached({
+		...rest,
 		token,
 		requested: requested === void 0 ? void 0 : require_onchain_validation_helpers_amount.amountOf(underlying, requested),
 		available: require_onchain_validation_helpers_amount.amountOf(underlying, available)

package/dist/esm/dev/AccountOpener.js

@@ -1,5 +1,5 @@
-import { iCreditFacadeV310Abi } from "../abi/310/generated.js";
 import { ierc20Abi } from "../abi/iERC20.js";
+import { iCreditFacadeV310Abi } from "../abi/310/generated.js";
 import { AddressMap } from "../onchain/utils/AddressMap.js";
 import { AddressSet } from "../onchain/utils/AddressSet.js";
 import { AssetsMap } from "../onchain/utils/AssetsMap.js";

package/dist/esm/dev/withdrawalUtils.js

@@ -1,6 +1,6 @@
+import { iWithdrawalCompressorV313Abi } from "../abi/IWithdrawalCompressorV313.js";
 import { getNetworkType } from "../onchain/chain/chains.js";
 import { getWithdrawalCompressorAddress } from "../onchain/accounts/withdrawal-compressor/addresses.js";
-import { iWithdrawalCompressorV313Abi } from "../abi/IWithdrawalCompressorV313.js";
 import "../onchain/index.js";
 import { iMidasDataFeedAbi, iMidasRedemptionVaultAbi, midasGatewayAbi, midasRedeemerAbi, midasRedemptionVaultPhantomTokenAbi, securitizeRedeemerAbi, securitizeRedemptionGatewayAbi, securitizeRedemptionPhantomTokenAbi } from "./withdrawalAbi.js";
 import { erc20Abi, hexToString, parseAbi, parseEther } from "viem";

package/dist/esm/history/trace/extractTransfers.js

@@ -1,5 +1,5 @@
-import { iCreditFacadeV310Abi } from "../../abi/310/generated.js";
 import { ierc20Abi } from "../../abi/iERC20.js";
+import { iCreditFacadeV310Abi } from "../../abi/310/generated.js";
 import { AddressMap } from "../../onchain/utils/AddressMap.js";
 import "../../onchain/index.js";
 import { UnexpectedFacadeEventOrderError } from "./errors.js";

package/dist/esm/onchain/accounts/CreditAccountsServiceV310.js

@@ -1,3 +1,5 @@
+import { iBaseRewardPoolAbi } from "../../abi/iBaseRewardPool.js";
+import { ierc4626AdapterAbi } from "../../abi/ierc4626Adapter.js";
 import { AP_REWARDS_COMPRESSOR } from "../constants/address-provider.js";
 import { ADDRESS_0X0 } from "../constants/addresses.js";
 import { MAX_UINT256 } from "../constants/math.js";
@@ -8,8 +10,6 @@ import "../base/index.js";
 import { AccountBotsService } from "./bots/AccountBotsService.js";
 import "./bots/index.js";
 import { rewardsCompressorAbi } from "../../abi/compressors/rewardsCompressor.js";
-import { iBaseRewardPoolAbi } from "../../abi/iBaseRewardPool.js";
-import { ierc4626AdapterAbi } from "../../abi/ierc4626Adapter.js";
 import { expectedBalanceDeltas } from "../market/credit/expectedBalanceDeltas.js";
 import "../market/index.js";
 import { CreditAccountCompressor } from "./credit-account-compressor/CreditAccountCompressor.js";

package/dist/esm/onchain/accounts/index.js

@@ -7,7 +7,7 @@ import "./credit-account-compressor/index.js";
 import { CreditAccountsServiceV310 } from "./CreditAccountsServiceV310.js";
 import { isPhantomToken } from "./intents/utils/pick-token.js";
 import { fetchCreditAccountSlice, toCreditAccountSlice } from "./intents/utils/credit-account-slice.js";
-import { DIRECT_TRANSFERS_QUOTA, calcDefaultQuota, calcQuotaUpdate, calcRecommendedQuota, roundUpQuota } from "./quota-utils.js";
+import { DIRECT_TRANSFERS_QUOTA, calcDefaultQuota, calcQuotaUpdate, calcRecommendedQuota, maxAmountForQuota, roundUpQuota } from "./quota-utils.js";
 import { CreditAccountOperationsService } from "./intents/index.js";
 import { LIQUIDATION_APPROVAL_BUFFER, LIQUIDATION_COMPRESSOR_V313_ADDRESS } from "./liquidations/constants.js";
 import { LiquidationsService } from "./liquidations/LiquidationsService.js";
@@ -25,4 +25,4 @@ import { toWithdrawalStatus } from "./withdrawal-compressor/types.js";
 import { WithdrawalCompressorV313Contract } from "./withdrawal-compressor/WithdrawalCompressorV313Contract.js";
 import { createWithdrawalCompressor } from "./withdrawal-compressor/createWithdrawalCompressor.js";
 import "./withdrawal-compressor/index.js";
-export { AbstractWithdrawalCompressorContract, AccountBotsService, CreditAccountCompressor, CreditAccountCompressorV310Contract, CreditAccountOperationsService, CreditAccountsServiceV310, DELAYED_INTENT_TYPES, DELAYED_INTENT_VERSION, DIRECT_TRANSFERS_QUOTA, LIQUIDATION_APPROVAL_BUFFER, LIQUIDATION_COMPRESSOR_V313_ADDRESS, LiquidationsService, MultichainLiquidationsService, PeripheryCompressorV310Contract, RedemptionLoggerV310Contract, WithdrawalCompressorV310Contract, WithdrawalCompressorV311Contract, WithdrawalCompressorV313Contract, calcDefaultQuota, calcQuotaUpdate, calcRecommendedQuota, createRedemptionLogger, createWithdrawalCompressor, decodeDelayedIntent, encodeDelayedIntent, fetchCreditAccountSlice, getWithdrawalCompressorAddress, iCreditAccountAbi, isPhantomToken, roundUpQuota, toClaimableWithdrawal, toCreditAccountSlice, toPendingWithdrawal, toRequestableWithdrawal, toWithdrawalStatus };
+export { AbstractWithdrawalCompressorContract, AccountBotsService, CreditAccountCompressor, CreditAccountCompressorV310Contract, CreditAccountOperationsService, CreditAccountsServiceV310, DELAYED_INTENT_TYPES, DELAYED_INTENT_VERSION, DIRECT_TRANSFERS_QUOTA, LIQUIDATION_APPROVAL_BUFFER, LIQUIDATION_COMPRESSOR_V313_ADDRESS, LiquidationsService, MultichainLiquidationsService, PeripheryCompressorV310Contract, RedemptionLoggerV310Contract, WithdrawalCompressorV310Contract, WithdrawalCompressorV311Contract, WithdrawalCompressorV313Contract, calcDefaultQuota, calcQuotaUpdate, calcRecommendedQuota, createRedemptionLogger, createWithdrawalCompressor, decodeDelayedIntent, encodeDelayedIntent, fetchCreditAccountSlice, getWithdrawalCompressorAddress, iCreditAccountAbi, isPhantomToken, maxAmountForQuota, roundUpQuota, toClaimableWithdrawal, toCreditAccountSlice, toPendingWithdrawal, toRequestableWithdrawal, toWithdrawalStatus };

package/dist/esm/onchain/accounts/intents/guards.js

@@ -52,7 +52,7 @@ function assertCanBorrow(sdk, suite, amount, options = {}) {
 		available: maxBorrowAmount.amount.value,
 		limit: maxBorrowAmount.limit,
 		underlying: toToken(sdk, suite.market.pool.underlying),
-		getCollateralLimits: options.getCollateralLimits
+		...options
 	}), `borrow: ${amount} exceeds what the pool can lend now (${maxBorrowAmount.amount.value})`);
 }
 /**
@@ -81,6 +81,7 @@ function assertGrowthAllowed(args) {
 			token: toToken(sdk, token),
 			requested: void 0,
 			available: 0n,
+			...args.limits,
 			underlying: toToken(sdk, underlying)
 		}), `${token} takes no quota in this market, so it counts as no collateral`);
 	}
@@ -138,7 +139,7 @@ function assertCollateralised(healthFactorBps, safePrices, atSafePrices) {
 * A quota can only be raised as far as the market still has room for: past the
 * token's limit the keeper takes nothing more, whoever is asking.
 */
-function assertQuotaAvailable(sdk, market, increases) {
+function assertQuotaAvailable(sdk, market, increases, options = {}) {
 	const underlying = market.pool.underlying;
 	const { pqk } = market.pool;
 	for (const { token, balance } of increases) {
@@ -148,6 +149,7 @@ function assertQuotaAvailable(sdk, market, increases) {
 			token: toToken(sdk, token),
 			requested: balance,
 			available: left,
+			...options,
 			underlying: toToken(sdk, underlying)
 		}), `${token} has ${left} of quota left, the plan needs ${balance}`);
 	}

package/dist/esm/onchain/accounts/intents/index.js

@@ -1,3 +1,4 @@
+import { LEVERAGE_DECIMALS } from "../../constants/math.js";
 import { SDKConstruct } from "../../base/SDKConstruct.js";
 import { unsupportedTokenPair } from "../../../model/errors/prepare-errors.js";
 import { sdkErr } from "../../../model/result.js";
@@ -12,6 +13,7 @@ import { buildBorrowState } from "./borrow.js";
 import { calcLeverageBand } from "./leverage-band.js";
 import { maxBorrow } from "./maxBorrow.js";
 import { maxWithdrawCollateral } from "./maxWithdrawCollateral.js";
+import { strategyLimits } from "./strategyLimits.js";
 import { buildOpenStrategyState } from "./open-strategy.js";
 import { planAddCollateral, planAdjustLeverage, planAdjustLeverageDelayed, planDeposit, planRepay, planWithdraw, planWithdrawAsset, planWithdrawDelayed } from "./plan.js";
 import { accountView } from "./view.js";
@@ -36,9 +38,25 @@ var CreditAccountOperationsService = class extends SDKConstruct {
 	* balance)
 	*/
 	async startIntent(props) {
+		const { intent, sdk, creditAccount, quotaReserve } = props;
+		let current;
+		let limits = {};
+		if (intent.type === "DEPOSIT" || intent.type === "ADJUST_LEVERAGE") {
+			current = accountView(creditAccount, sdk);
+			limits = strategyLimits({
+				...intent,
+				suite: sdk.marketRegister.findCreditManager(creditAccount.creditManager),
+				view: current,
+				initialQuotas: creditAccount.tokens,
+				quotaReserve
+			});
+		}
 		return plain(await this.#preview(props, () => {
 			const { intent } = props;
-			const view = accountView(props.creditAccount, props.sdk);
+			const view = {
+				...current ?? accountView(props.creditAccount, props.sdk),
+				limits
+			};
 			switch (intent.type) {
 				case "ADD_COLLATERAL": return planAddCollateral(intent);
 				case "WITHDRAW_ASSET": return planWithdrawAsset(intent, view);
@@ -48,7 +66,7 @@ var CreditAccountOperationsService = class extends SDKConstruct {
 				case "WITHDRAW": return planWithdraw(intent, view);
 				default: throw new Error(`${intent.type} - not implemented`);
 			}
-		}));
+		}, limits));
 	}
 	/**
 	* Both ends of what a `WITHDRAW` can take out, in underlying: the largest
@@ -190,14 +208,28 @@ var CreditAccountOperationsService = class extends SDKConstruct {
 	*/
 	async startDelayedIntent(props) {
 		const { intent } = props;
+		const current = accountView(props.creditAccount, props.sdk);
+		const repayFromSource = current.debt - current.balanceOf(current.underlying);
+		const maximum = intent.type === "ADJUST_LEVERAGE" && current.collateral > 0n && repayFromSource > 0n ? LEVERAGE_DECIMALS + (repayFromSource * LEVERAGE_DECIMALS - 1n) / current.collateral : void 0;
+		const limits = intent.type === "ADJUST_LEVERAGE" && maximum !== void 0 ? strategyLimits({
+			...intent,
+			suite: props.sdk.marketRegister.findCreditManager(props.creditAccount.creditManager),
+			view: current,
+			initialQuotas: props.creditAccount.tokens,
+			quotaReserve: props.quotaReserve,
+			maxLeverage: maximum
+		}) : {};
 		const result = await this.#preview(props, () => {
-			const view = accountView(props.creditAccount, props.sdk);
+			const view = {
+				...current,
+				limits
+			};
 			switch (intent.type) {
 				case "ADJUST_LEVERAGE": return planAdjustLeverageDelayed(intent, view);
 				case "WITHDRAW": return planWithdrawDelayed(intent, view);
 				default: throw new Error(`${intent.type} - cannot be delayed`);
 			}
-		});
+		}, limits);
 		if (!result.ok) return result;
 		const { delayed } = result;
 		if (!delayed) throw new Error("startDelayedIntent: plan started no withdrawal");
@@ -213,7 +245,8 @@ var CreditAccountOperationsService = class extends SDKConstruct {
 				delayed,
 				creditAccount: props.creditAccount,
 				sdk: props.sdk,
-				quotaReserve: props.quotaReserve
+				quotaReserve: props.quotaReserve,
+				limits
 			});
 			return {
 				...result,
@@ -399,7 +432,7 @@ var CreditAccountOperationsService = class extends SDKConstruct {
 		}
 	}
 	/** Plan → realise → wrap. Unviable requests become `{ ok: false }`. */
-	async #preview(props, plan) {
+	async #preview(props, plan, limits = {}) {
 		const draft = props.draft ?? {};
 		try {
 			const suite = props.sdk.marketRegister.findCreditManager(props.creditAccount.creditManager);
@@ -410,7 +443,8 @@ var CreditAccountOperationsService = class extends SDKConstruct {
 				sdk: props.sdk,
 				slippage: props.slippage ?? 0,
 				quotaReserve: props.quotaReserve,
-				draft
+				draft,
+				limits
 			});
 			return {
 				ok: true,

package/dist/esm/onchain/accounts/intents/math.js

@@ -1,6 +1,5 @@
 import { BigIntMath } from "../../utils/bigint-math.js";
-import { LEVERAGE_DECIMALS, MAX_UINT256, PERCENTAGE_FACTOR } from "../../constants/math.js";
-import "../../constants/index.js";
+import { LEVERAGE_DECIMALS, PERCENTAGE_FACTOR } from "../../constants/math.js";
 import { insufficientBalance } from "../../../model/errors/operation-errors.js";
 import "../../../model/index.js";
 import { toToken } from "../../validation/helpers/token.js";
@@ -58,53 +57,14 @@ function assertLeverageAtLeastOne(leverage) {
 * may end owing nothing, an opening may not.
 */
 function assertDebtLimits(sdk, debt, debtLimits, underlying, options = {}) {
-	const { allowZero = true, getCollateralLimits, maxBorrowAmount } = options;
+	const { allowZero = true, ...rest } = options;
 	raise(checkDebtLimits({
 		debt,
-		minDebt: debtLimits.minDebt,
-		maxDebt: debtLimits.maxDebt,
+		...debtLimits,
 		underlying: toToken(sdk, underlying),
 		allowZero,
-		getCollateralLimits,
-		maxBorrowAmount
+		...rest
 	}), debt > debtLimits.maxDebt ? `debt ${debt} exceeds maxDebt ${debtLimits.maxDebt}` : `debt ${debt} is below minDebt ${debtLimits.minDebt}`);
 }
-/** Finds single-token Open amounts whose projected debt fits the market limits. */
-function openCollateralForDebtLimits({ suite, collateral, leverage }) {
-	if (collateral.length !== 1 || leverage <= 100n) return void 0;
-	const [{ token }] = collateral;
-	const { market } = suite;
-	const limits = {
-		minDebt: suite.creditFacade.minDebt,
-		maxDebt: suite.maxBorrowAmount().amount.value
-	};
-	if (limits.maxDebt < limits.minDebt) return void 0;
-	const debtAt = (amount) => {
-		const converted = market.priceOracle.safeConvert(token, market.pool.underlying, amount);
-		return converted.error ? void 0 : debtForLeverage(converted.value, leverage);
-	};
-	const lastDebt = debtAt(MAX_UINT256);
-	if (lastDebt === void 0 || lastDebt < limits.minDebt) return void 0;
-	const firstAtLeast = (threshold) => {
-		let low = 0n;
-		let high = MAX_UINT256;
-		while (low < high) {
-			const middle = (low + high) / 2n;
-			const debt = debtAt(middle);
-			if (debt === void 0) return void 0;
-			if (debt < threshold) low = middle + 1n;
-			else high = middle;
-		}
-		return low;
-	};
-	const min = firstAtLeast(limits.minDebt > 0n ? limits.minDebt : 1n);
-	const above = lastDebt > limits.maxDebt ? firstAtLeast(limits.maxDebt + 1n) : void 0;
-	if (min === void 0 || lastDebt > limits.maxDebt && above === void 0) return void 0;
-	const max = above === void 0 ? MAX_UINT256 : above - 1n;
-	return min <= max ? {
-		min: market.priceOracle.toTokenAmount(token, min),
-		max: market.priceOracle.toTokenAmount(token, max)
-	} : void 0;
-}
 //#endregion
-export { assertDebtLimits, assertLeverageAtLeastOne, debtForLeverage, maxProportionalWithdrawal, openCollateralForDebtLimits, proportionalDebt };
+export { assertDebtLimits, assertLeverageAtLeastOne, debtForLeverage, maxProportionalWithdrawal, proportionalDebt };

package/dist/esm/onchain/accounts/intents/maxBorrow.js

@@ -85,7 +85,13 @@ function maxBorrow(props) {
 	if (lends < suite.creditFacade.minDebt) return 0n;
 	const ceiling = BigIntMath.min(priceOracle.safeConvertFromUSD(underlying, backed / targetHF).value, lends);
 	const unwrapsPayout = !!rwaAsset && eq(borrowToken, rwaAsset);
-	return eq(borrowToken, underlying) ? ceiling : unwrapsPayout ? toTargetDecimals(ceiling, underlying, borrowToken, sdk) : priceOracle.safeConvert(underlying, borrowToken, ceiling).value;
+	if (eq(borrowToken, underlying)) return ceiling;
+	if (unwrapsPayout) return toTargetDecimals(ceiling, underlying, borrowToken, sdk);
+	const payout = priceOracle.safeConvert(underlying, borrowToken, ceiling);
+	if (payout.error) return 0n;
+	const debt = priceOracle.safeConvert(borrowToken, underlying, payout.value);
+	if (debt.error) return 0n;
+	return BigIntMath.max(payout.value - (debt.value > ceiling ? 1n : 0n), 0n);
 }
 //#endregion
 export { maxBorrow };

package/dist/esm/onchain/accounts/intents/open-strategy.js

@@ -2,12 +2,13 @@ import { insufficientBalance } from "../../../model/errors/operation-errors.js";
 import "../../../model/index.js";
 import { IntentPreviewError } from "../../validation/raise.js";
 import { assertCanBorrow, assertCollateralised, assertGrowthAllowed, assertMarketOperable, assertQuotaAvailable } from "./guards.js";
-import { assertDebtLimits, assertLeverageAtLeastOne, debtForLeverage, openCollateralForDebtLimits } from "./math.js";
+import { assertDebtLimits, assertLeverageAtLeastOne, debtForLeverage } from "./math.js";
 import { unopenedAccountSlice } from "./utils/credit-account-slice.js";
 import { collectPriceImpact } from "./utils/price-impact.js";
 import { getQuotasForUpdate } from "./utils/quotas-for-update.js";
 import { createRouterPaths } from "./utils/router-path.js";
 import "./utils/index.js";
+import { strategyLimits } from "./strategyLimits.js";
 //#region src/onchain/accounts/intents/open-strategy.ts
 /**
 * Builds the state opening a leveraged position out of wallet collateral would
@@ -44,17 +45,20 @@ async function buildOpenStrategyState(props) {
 		creditFacade: suite.creditFacade.address,
 		underlying
 	});
-	const getCollateralLimits = () => openCollateralForDebtLimits({
+	const options = leftoverBalances.length || existing?.tokens.some((t) => t.balance > 0n) ? void 0 : strategyLimits({
+		type: "OPEN",
 		suite,
 		collateral,
-		leverage
+		leverage,
+		targetToken,
+		quotaReserve
 	});
 	assertDebtLimits(sdk, debt, suite.creditFacade, underlying, {
+		...options,
 		allowZero: false,
-		maxBorrowAmount: suite.maxBorrowAmount(),
-		getCollateralLimits
+		maxBorrowAmount: suite.maxBorrowAmount()
 	});
-	assertCanBorrow(sdk, suite, debt, { getCollateralLimits });
+	assertCanBorrow(sdk, suite, debt, options);
 	const paths = createRouterPaths({
 		sdk,
 		creditAccount: account,
@@ -123,9 +127,10 @@ async function buildOpenStrategyState(props) {
 		suite,
 		market,
 		before: [],
-		after: averageAssets
+		after: averageAssets,
+		limits: options
 	});
-	assertQuotaAvailable(sdk, market, averageQuota);
+	assertQuotaAvailable(sdk, market, averageQuota, options);
 	const projection = reached ?? settle();
 	assertCollateralised(projection.healthFactor, false);
 	const priceImpact = await collectPriceImpact(leg.probe ? [leg.probe] : [], {

package/dist/esm/onchain/accounts/intents/plan.js

@@ -42,7 +42,7 @@ function planDeposit(intent, view) {
 	const aU = view.price(intent.token, U, intent.amount);
 	const debtDelta = intent.targetLeverage === void 0 ? proportionalDebt(view, aU) : debtForLeverage(view.collateral + aU, intent.targetLeverage) - view.debt;
 	if (debtDelta < 0n) throw new IntentPreviewError(leverageOutOfRange(), `deposit: target leverage ${intent.targetLeverage} would require repaying debt`);
-	assertDebtLimits(view.sdk, view.debt + debtDelta, view.debtLimits, U);
+	assertDebtLimits(view.sdk, view.debt + debtDelta, view.debtLimits, U, view.limits);
 	const T = intent.positionToken ?? positionToken(view, "deposit");
 	const depositStays = eq(intent.token, T);
 	return [
@@ -77,7 +77,7 @@ function planRepay(intent, view) {
 	}), "repay: the account owes nothing");
 	const funding = everything(intent.amount) ? view.price(U, intent.token, withMargin(view.debt)) : intent.amount;
 	const repaid = min(view.price(intent.token, U, funding), view.debt);
-	assertDebtLimits(view.sdk, view.debt - repaid, view.debtLimits, view.underlying);
+	assertDebtLimits(view.sdk, view.debt - repaid, view.debtLimits, view.underlying, view.limits);
 	return [
 		add(intent.token, funding, intent.value),
 		...fundsInU ? [] : [convert(intent.token, U, funding)],
@@ -306,7 +306,7 @@ function withdrawShape(intent, view) {
 		};
 	}
 	const dD = proportionalDebt(view, WU);
-	assertDebtLimits(view.sdk, view.debt - dD, view.debtLimits, view.underlying);
+	assertDebtLimits(view.sdk, view.debt - dD, view.debtLimits, view.underlying, view.limits);
 	return {
 		U,
 		T,
@@ -325,7 +325,7 @@ function leverageShape(intent, view) {
 	assertLeverageAtLeastOne(intent.targetLeverage);
 	if (view.collateral <= 0n) throw new IntentPreviewError(insufficientBalance(), "adjustLeverage: account has no collateral to lever");
 	const target = debtForLeverage(view.collateral, intent.targetLeverage);
-	assertDebtLimits(view.sdk, target, view.debtLimits, view.underlying);
+	assertDebtLimits(view.sdk, target, view.debtLimits, view.underlying, view.limits);
 	return {
 		U: view.underlying,
 		delta: target - view.debt

package/dist/esm/onchain/accounts/intents/realize.js

@@ -130,7 +130,7 @@ async function realize(steps, props) {
 			}));
 			break;
 		case "borrow":
-			assertCanBorrow(sdk, suite, step.amount);
+			assertCanBorrow(sdk, suite, step.amount, props.limits);
 			push(buildIncreaseDebtOperation({
 				amount: step.amount,
 				creditAccount,
@@ -394,10 +394,11 @@ async function realize(steps, props) {
 		suite,
 		market,
 		before: creditAccount.tokens,
-		after: projected.assets
+		after: projected.assets,
+		limits: props.limits
 	});
 	if (!cleared && quotas.quotaIncrease.length + quotas.quotaDecrease.length > 0) {
-		assertQuotaAvailable(sdk, market, quotas.quotaIncrease);
+		assertQuotaAvailable(sdk, market, quotas.quotaIncrease, props.limits);
 		push(buildQuotaUpdateOperation({
 			update: quotas,
 			creditAccount,

package/dist/esm/onchain/accounts/intents/strategyLimits.js

@@ -0,0 +1,158 @@
+import { BigIntMath } from "../../utils/bigint-math.js";
+import { LEVERAGE_DECIMALS, MAX_UINT256 } from "../../constants/math.js";
+import "../../constants/index.js";
+import { quotaIncreaseLimit } from "./utils/quotas-for-update.js";
+//#region src/onchain/accounts/intents/strategyLimits.ts
+/** Independent input bounds supplied to debt, liquidity and quota errors. */
+function strategyLimits(props) {
+	const { suite, quotaReserve } = props;
+	const { market } = suite;
+	const { priceOracle: oracle } = market;
+	switch (props.type) {
+		case "OPEN": {
+			const { collateral, leverage, targetToken } = props;
+			if (collateral.length !== 1 || leverage <= 100n) return {};
+			const [{ token }] = collateral;
+			const minDebt = suite.creditFacade.minDebt;
+			const maxDebt = suite.maxBorrowAmount().amount.value;
+			if (maxDebt < minDebt) return {};
+			const minCollateralForDebt = (debt) => {
+				const collateralUnderlying = BigIntMath.ceilDiv(debt * LEVERAGE_DECIMALS, leverage - LEVERAGE_DECIMALS);
+				const result = oracle.safeConvert(market.pool.underlying, token, collateralUnderlying - 1n);
+				if (result.error) return void 0;
+				const valuation = oracle.safeConvert(token, market.pool.underlying, result.value);
+				if (valuation.error) return void 0;
+				const collateral = result.value + (valuation.value < collateralUnderlying ? 1n : 0n);
+				const checked = oracle.safeConvert(token, market.pool.underlying, collateral);
+				return checked.error || checked.value < collateralUnderlying ? void 0 : collateral;
+			};
+			if (oracle.safeConvert(token, market.pool.underlying, 1n).error) return {};
+			const minCollateral = minCollateralForDebt(BigIntMath.max(minDebt, 1n));
+			const excessCollateral = minCollateralForDebt(maxDebt + 1n);
+			if (minCollateral === void 0 || excessCollateral === void 0 || minCollateral > 115792089237316195423570985008687907853269984665640564039457584007913129639935n) return {};
+			const maxCollateral = BigIntMath.min(MAX_UINT256, excessCollateral - 1n);
+			let maxCollateralByQuota;
+			if (!market.isUnderlyingLike(targetToken) && !market.pool.pqk.hasActiveQuota(targetToken)) maxCollateralByQuota = 0n;
+			else {
+				const quotaResult = quotaIncreaseLimit({
+					suite,
+					token: targetToken,
+					balance: 0n,
+					initialQuotas: [],
+					quotaReserve
+				});
+				if (!quotaResult.error && quotaResult.value !== void 0) {
+					const excessUnderlying = BigIntMath.ceilDiv((BigIntMath.max(quotaResult.value, 0n) + 1n) * LEVERAGE_DECIMALS, leverage);
+					const result = oracle.safeConvert(market.pool.underlying, token, excessUnderlying - 1n);
+					if (!result.error) {
+						const valuation = oracle.safeConvert(token, market.pool.underlying, result.value);
+						if (!valuation.error) {
+							const collateral = result.value - (valuation.value >= excessUnderlying ? 1n : 0n);
+							maxCollateralByQuota = BigIntMath.min(MAX_UINT256, BigIntMath.max(collateral, 0n));
+						}
+					}
+				}
+			}
+			return {
+				collateralLimits: minCollateral <= maxCollateral ? {
+					min: oracle.toTokenAmount(token, minCollateral),
+					max: oracle.toTokenAmount(token, maxCollateral)
+				} : void 0,
+				quotaLimits: maxCollateralByQuota === void 0 ? void 0 : { collateralMax: oracle.toTokenAmount(token, maxCollateralByQuota) }
+			};
+		}
+		case "DEPOSIT": {
+			const { view, token, positionToken, initialQuotas, targetLeverage } = props;
+			if (targetLeverage !== void 0 || view.collateral <= 0n) return {};
+			const minDebt = BigIntMath.max(view.debt, suite.creditFacade.minDebt);
+			const maxDebt = BigIntMath.min(suite.creditFacade.maxDebt, view.debt + suite.maxBorrowAmount().amount.value);
+			const minCollateralForDebt = (debt) => {
+				if (debt <= view.debt) return 0n;
+				if (view.debt === 0n) return void 0;
+				const collateralUnderlying = BigIntMath.ceilDiv((debt - view.debt) * view.collateral, view.debt);
+				const result = oracle.safeConvert(view.underlying, token, collateralUnderlying - 1n);
+				if (result.error) return void 0;
+				const valuation = oracle.safeConvert(token, view.underlying, result.value);
+				if (valuation.error) return void 0;
+				const collateral = result.value + (valuation.value < collateralUnderlying ? 1n : 0n);
+				const checked = oracle.safeConvert(token, view.underlying, collateral);
+				return checked.error || checked.value < collateralUnderlying ? void 0 : collateral;
+			};
+			const debtFloorCollateral = minCollateralForDebt(minDebt);
+			const minCollateral = debtFloorCollateral === void 0 ? void 0 : BigIntMath.max(1n, debtFloorCollateral);
+			const excessCollateral = debtFloorCollateral === void 0 ? void 0 : minCollateralForDebt(maxDebt + 1n);
+			const maxCollateral = excessCollateral === void 0 ? MAX_UINT256 : BigIntMath.min(MAX_UINT256, excessCollateral - 1n);
+			const position = positionToken ?? view.fattest([view.underlying]);
+			let maxCollateralByQuota;
+			if (position) {
+				if (!market.isUnderlyingLike(position) && !market.pool.pqk.hasActiveQuota(position)) maxCollateralByQuota = 0n;
+				else {
+					const quotaResult = quotaIncreaseLimit({
+						suite,
+						token: position,
+						balance: view.balanceOf(position),
+						initialQuotas,
+						quotaReserve,
+						rwaAsset: view.rwaAsset
+					});
+					maxCollateralByQuota = MAX_UINT256;
+					if (!quotaResult.error && quotaResult.value !== void 0) {
+						const excessUnderlying = BigIntMath.ceilDiv((quotaResult.value + 1n) * view.collateral, view.collateral + view.debt);
+						const result = oracle.safeConvert(view.underlying, token, BigIntMath.max(excessUnderlying - 1n, 0n));
+						maxCollateralByQuota = void 0;
+						if (!result.error) {
+							const valuation = oracle.safeConvert(token, view.underlying, result.value);
+							if (!valuation.error) {
+								const collateral = result.value - (valuation.value >= excessUnderlying ? 1n : 0n);
+								maxCollateralByQuota = BigIntMath.min(MAX_UINT256, BigIntMath.max(collateral, 0n));
+							}
+						}
+					}
+				}
+			}
+			return {
+				collateralLimits: minCollateral !== void 0 && minCollateral <= maxCollateral ? {
+					min: oracle.toTokenAmount(token, minCollateral),
+					max: oracle.toTokenAmount(token, maxCollateral)
+				} : void 0,
+				quotaLimits: maxCollateralByQuota === void 0 ? void 0 : { collateralMax: oracle.toTokenAmount(token, maxCollateralByQuota) }
+			};
+		}
+		case "ADJUST_LEVERAGE": {
+			const { view, token, initialQuotas, targetLeverage, maxLeverage = MAX_UINT256 } = props;
+			if (view.collateral <= 0n || targetLeverage < 100n) return {};
+			const maxDebt = BigIntMath.min(suite.creditFacade.maxDebt, view.debt + suite.maxBorrowAmount().amount.value);
+			const minLeverage = BigIntMath.max(LEVERAGE_DECIMALS + 1n, LEVERAGE_DECIMALS + BigIntMath.ceilDiv(suite.creditFacade.minDebt * LEVERAGE_DECIMALS, view.collateral));
+			const debtMaxLeverage = BigIntMath.min(maxLeverage, LEVERAGE_DECIMALS + BigIntMath.ceilDiv((maxDebt + 1n) * LEVERAGE_DECIMALS, view.collateral) - 1n);
+			const position = token ?? view.fattest([view.underlying]);
+			let maxLeverageByQuota;
+			if (position) {
+				if (!market.isUnderlyingLike(position) && !market.pool.pqk.hasActiveQuota(position)) maxLeverageByQuota = LEVERAGE_DECIMALS;
+				else {
+					const quotaResult = quotaIncreaseLimit({
+						suite,
+						token: position,
+						balance: view.balanceOf(position),
+						initialQuotas,
+						quotaReserve,
+						rwaAsset: view.rwaAsset
+					});
+					maxLeverageByQuota = maxLeverage;
+					if (!quotaResult.error && quotaResult.value !== void 0) {
+						const quotaMaxDebt = view.debt + quotaResult.value;
+						maxLeverageByQuota = BigIntMath.min(maxLeverage, LEVERAGE_DECIMALS + BigIntMath.ceilDiv((quotaMaxDebt + 1n) * LEVERAGE_DECIMALS, view.collateral) - 1n);
+					}
+				}
+			}
+			return {
+				leverageLimits: minLeverage <= debtMaxLeverage ? {
+					min: minLeverage,
+					max: debtMaxLeverage
+				} : void 0,
+				quotaLimits: maxLeverageByQuota === void 0 ? void 0 : { leverageMax: maxLeverageByQuota }
+			};
+		}
+	}
+}
+//#endregion
+export { strategyLimits };