Implement BitBridge Options Protocol with Enhanced Security and Validation#1
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gid-ctl wants to merge 11 commits into
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Implement BitBridge Options Protocol with Enhanced Security and Validation#1gid-ctl wants to merge 11 commits into
gid-ctl wants to merge 11 commits into
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- Added ERR-INVALID-TOKEN, ERR-INVALID-SYMBOL, and ERR-INVALID-TIMESTAMP error constants. - These constants enhance validation checks within the BitBridge Options protocol.
- Added ERR-INVALID-ADDRESS, ERR-ZERO-ADDRESS, and ERR-EMPTY-SYMBOL error constants. - Introduced validation for admin inputs to enhance protocol security.
- Introduced price-feeds map for storing price data from oracles. - Added allowed-symbols map for validating price feed updates. - Implemented write-option function with validation for token, expiry, strike price, premium, and collateral requirements.
- Added buy-option function to allow users to purchase options. - Added exercise-option function to enable users to exercise their options. - Included validation for token, expiry, and authorization checks.
…on exercise - Implemented check-collateral-requirement function to validate collateral based on option type. - Added exercise-call function to handle the exercise of call options, including payout and collateral return.
- Implemented exercise-put function to handle the exercise of put options, including payout and collateral return. - Added get-current-price utility function to fetch the current BTC-USD price from the price feed.
- Implemented get-option-id function to retrieve the next option ID. - Added is-approved-token function to check if a token is approved. - Added is-allowed-symbol function to validate symbols. - Updated is-valid-principal and is-valid-symbol functions for enhanced validation. - Added is-critical-token function to identify critical tokens.
- Implemented is-critical-symbol function to identify critical symbols. - Updated set-protocol-fee-rate and update-price-feed admin functions with validation checks.
…allowed symbols - Added set-approved-token function with validation checks for token approval and critical token protection. - Added set-allowed-symbol function with validation checks for symbol approval and critical symbol protection.
…curacy - Replaced block-height with stacks-block-height in write-option function to ensure accurate block height references.
…w and functionality - Added detailed overview of the BitBridge Options Protocol. - Documented key features including collateralization, automated settlement, dual option types, price oracle integration, position management, SIP-010 compliance, and protocol security. - Described core components of the smart contract architecture: options management, position tracking, and price oracle system.
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Overview
This PR implements the core functionality of the BitBridge Options Protocol, a decentralized Bitcoin-native options trading platform built on the Stacks blockchain. The implementation includes comprehensive error handling, validation checks, and security measures.
Changes
Error Handling & Validation
ERR-INVALID-TOKEN(u1009)ERR-INVALID-SYMBOL(u1010)ERR-INVALID-TIMESTAMP(u1011)ERR-INVALID-ADDRESS(u1012)ERR-ZERO-ADDRESS(u1013)ERR-EMPTY-SYMBOL(u1014)Core Features
Price Oracle Integration
price-feedsmap for oracle dataallowed-symbolsmap for validationupdate-price-feedfunction with timestamp validationOptions Management
write-optionwith comprehensive validationbuy-optionwith authorization checksexercise-optionwith support for both CALL and PUTHelper Functions
check-collateral-requirement: Validates collateral based on option typeexercise-call: Handles CALL option exerciseexercise-put: Handles PUT option exerciseget-current-price: Fetches BTC-USD price from oracleSecurity Enhancements
Block Height Reference
stacks-block-heightfor accuracyDocumentation
Testing
Security Considerations
Deployment Impact
Documentation Updates
Checklist
Future Considerations
Additional Notes
The implementation follows best practices for Clarity smart contracts and includes comprehensive security measures to ensure safe operation of the options protocol.