🛠️Custom Integrations
This page will show you how to create a new integration to connect Babylon to a new DeFI protocol.
Last updated
This page will show you how to create a new integration to connect Babylon to a new DeFI protocol.
Last updated
Integrations are adapters that Babylon uses to connect with other DeFi & Web3 protocols.
So far, Babylon has developed all these adapters in-house. You can see the whole list here.
Starting today, anyone can develop an adapter, test it on a private garden and then submit it to be verified and audited by Babylon governance.
Only gardens with the flag customIntegrationsEnabled
can create strategies that use custom integrations.
The protocol you are connecting with must return an ERC-20 token in an amount proportional to the capital provided by the strategy.
The resulting ERC-20 tokens need to be priced on-chain in a safe and reliable way. Enough liquidity, resistant to manipulation...
Babylon has 1-N gardens or investment clubs.
Every Garden has 0-N active strategies at any single moment.
Every strategy has 1-N DeFi operations it executes to start and exit a strategy.
Every operation uses one adapter to connect to an specific DeFi protocol.
In order to facilitate the process as much as possible, we have created a template called CustomIntegrationTemplate.sol
that you can copy and paste and rename to start working on your custom integration.
You can also look at the example CustomIntegrationYearn
to see how to connect with Yearn using the template.
To complete the integrations, there are a few functions that need to be filled. You can read more about their signatures and parameters on their API page.
Copy CustomIntegrationTemplate.sol
and rename it.
Add any state variables you would need.
Modify the constructor to receive any extra parameters you need on deployment. Change the name test_
sample_
change_me
4. Fill the function that checks whether the parameters passed on execution to this operation are valid. These are different than the constructor parameters. These are the configurable parameters. For example, which yearn vault to enter.
5. Fill _getSpender
, this function returns the address where the input tokens need to be approved to before execution. This address will be called with ERC-20 approve and the input tokens before execution.
6. Implement _getResultToken
. This function must return the result token (ERC-20) to be received after executing the enter operation.
7. Provide the input tokens and the weights of these tokens. The strategy will automatically buy these tokens with the capital before entering the strategy according to these weights.
8. Provide the output tokens and the minimum amounts to receive for each upon exit based on _liquidity amount of the result token defined above.
9. Provide the enter calldata. You must return the calldata required for the strategy to allocate capital to this integration.
10. Provide the exit calldata. You must return the calldata required for the strategy to exit and recover the capital allocated through this integration.
11. (Optional). Provide the list of reward tokens that will be received upon exit. List of ERC-20 addresses.
12. (Optional) If the result tokens cannot be priced through Babylon Price Oracle, you need to implement the following function that returns the price of the result token in the _tokenDenominator
13. (Optional) If you need to execute another custom action before entry or exit, you can define a pre-action hook. _customOp
will be 0 for enter and 1 for exit. If this action needs to execute an ERC approval you can fill _preActionNeedsApproval
.
14. (Optional) Similarly, if you need to execute another custom action after entering or exiting, you can define a pre-action hook. _customOp
will be 0 for enter and 1 for exit. If this action needs to execute an ERC approval you can fill _postActionNeedsApproval
.
You can use the following functions directly from your custom integration:
_getPrice(address _tokenIn, address _tokenOut) view returns (uint256)
It gets you the price of _tokenIn
denominated in _tokenOut
from our price oracle (1e18). It will return an exception if it doesn't know how to price a specific token.
_getDurationStrategy(address _strategy) view returns (uint256)
It returns the duration of the strategy in seconds.
_getTokenOrETHBalance(address _strategy, address _token) view returns (uint256)
Returns the balance of the strategy of the _token
. If token is 0x or 0xEEEE..EEE, it will return the ETH balance of the strategy.
_getTradeCallData(address _strategy, address _tokenIn, address _tokenOut, uint256 _amountIn, uint256 _minAmountOut) view returns (address, uint, bytes memory)
Receives the trade call data needed to execute a swap of _tokenIn
to _tokenOut.
The number of _tokenIn supplied is specified by_amountIn
. The call will revert if you don't receive at least _minAmountOut
. It returns the address, callvalue, and calldata to pass directly to a preaction hook, postaction hook, enter or exit functions
In the contracts
repository there is a test file that executes the yearn custom integration example. In order to test your integration, follow these steps:
Change the integration to deploy to the name of your custom integration. Pass the appropriate params depending on your constructor
2. Run yarn run test
. That's it, you can start debugging 🎉
The test suite will automatically create a strategy with your integration, approve it, allocate capital to it, execute it and finalize it.
You can also test it directly on mainnet using the Test WETH garden on the Babylon website or creating your own garden. Make sure you enable custom integrations in the garden parameters.
Deploy your custom integration to mainnet.
Deposit the min amount to join the test garden.
Submit a new strategy and select your custom integration as one of the operations. Set the address of your deployed integration as the integration address. You can also add two optional params that the integration will receive on execution, an address and a number.
It should execute automatically in two hours given that strategies automatically reach quorum in this garden and do not need voters.
After the tests above pass for your integration, please follow the next steps:
Clone the repo and submit a PR against the contracts
repo.
Head to our Discord and post a message explaining your integration and adding the link to your PR in the #development
channel.
We'll review your PR and follow up to get it audited and eventually incorporated into our list of verified integrations.
We may award a bounty if the integration is approved and it is one of the integrations on our wishlist.