myco-bonding-curve/reference/BondingCurveAdapter.sol

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.24;

import "@openzeppelin/contracts/token/ERC20/IERC20.sol";
import "@openzeppelin/contracts/token/ERC20/utils/SafeERC20.sol";
import "@openzeppelin/contracts/access/Ownable.sol";
import "@openzeppelin/contracts/utils/ReentrancyGuard.sol";
import "../MycoBondingCurve.sol";
import "./interfaces/ISettlement.sol";

/**
 * @title BondingCurveAdapter
 * @notice Bridge between CoW Protocol settlement and MycoBondingCurve.
 *
 * Called as a pre-interaction hook by solvers during batch settlement.
 * The adapter receives tokens from settlement, executes the curve operation,
 * and holds output tokens for settlement accounting.
 *
 * Token flow (buy):
 *   User USDC → VaultRelayer → Adapter.executeBuyForCoW() → BondingCurve.buy()
 *   → MYCO minted to Adapter → Settlement → User
 *
 * Token flow (sell):
 *   User MYCO → VaultRelayer → Adapter.executeSellForCoW() → BondingCurve.sell()
 *   → USDC to Adapter → Settlement → User
 */
contract BondingCurveAdapter is ReentrancyGuard, Ownable {
    using SafeERC20 for IERC20;

    // ===================
    // State
    // ===================

    MycoBondingCurve public immutable bondingCurve;
    IERC20 public immutable usdc;
    IERC20 public immutable mycoToken;
    address public immutable settlement;
    address public immutable vaultRelayer;

    // ===================
    // Events
    // ===================

    event CowBuyExecuted(uint256 usdcIn, uint256 mycoOut);
    event CowSellExecuted(uint256 mycoIn, uint256 usdcOut);
    event TokensRecovered(address token, uint256 amount, address to);

    // ===================
    // Errors
    // ===================

    error OnlySettlement();
    error ZeroAmount();
    error SlippageExceeded(uint256 got, uint256 minExpected);
    error InsufficientBalance(uint256 available, uint256 required);

    // ===================
    // Modifiers
    // ===================

    modifier onlySettlement() {
        if (msg.sender != settlement) revert OnlySettlement();
        _;
    }

    // ===================
    // Constructor
    // ===================

    /**
     * @param _bondingCurve Address of MycoBondingCurve
     * @param _settlement Address of GPv2Settlement on Base
     * @param _usdc Address of USDC
     * @param _mycoToken Address of MYCO token
     */
    constructor(
        address _bondingCurve,
        address _settlement,
        address _usdc,
        address _mycoToken
    ) Ownable(msg.sender) {
        bondingCurve = MycoBondingCurve(_bondingCurve);
        settlement = _settlement;
        usdc = IERC20(_usdc);
        mycoToken = IERC20(_mycoToken);
        vaultRelayer = ISettlement(_settlement).vaultRelayer();

        // Pre-approve bonding curve to spend our USDC (for buy operations)
        IERC20(_usdc).approve(_bondingCurve, type(uint256).max);
        // Pre-approve bonding curve to burn our MYCO (for sell operations)
        IERC20(_mycoToken).approve(_bondingCurve, type(uint256).max);
        // Pre-approve vault relayer to pull output tokens for settlement
        IERC20(_usdc).approve(vaultRelayer, type(uint256).max);
        IERC20(_mycoToken).approve(vaultRelayer, type(uint256).max);
    }

    // ===================
    // Execute Functions (called by solvers as pre-interaction)
    // ===================

    /**
     * @notice Execute a buy on the bonding curve for CoW settlement.
     * @dev Called by GPv2Settlement as a pre-interaction hook.
     *      USDC must already be in this contract (transferred by settlement).
     * @param usdcAmount Amount of USDC to spend
     * @param minMycoOut Minimum MYCO tokens to receive (slippage protection)
     * @return mycoOut Amount of MYCO minted
     */
    function executeBuyForCoW(
        uint256 usdcAmount,
        uint256 minMycoOut
    ) external onlySettlement nonReentrant returns (uint256 mycoOut) {
        if (usdcAmount == 0) revert ZeroAmount();

        uint256 usdcBalance = usdc.balanceOf(address(this));
        if (usdcBalance < usdcAmount) {
            revert InsufficientBalance(usdcBalance, usdcAmount);
        }

        // Execute buy on bonding curve — mints MYCO to this adapter
        mycoOut = bondingCurve.buy(usdcAmount, minMycoOut);

        if (mycoOut < minMycoOut) {
            revert SlippageExceeded(mycoOut, minMycoOut);
        }

        emit CowBuyExecuted(usdcAmount, mycoOut);
    }

    /**
     * @notice Execute a sell on the bonding curve for CoW settlement.
     * @dev Called by GPv2Settlement as a pre-interaction hook.
     *      MYCO must already be in this contract (transferred by settlement).
     * @param mycoAmount Amount of MYCO to sell
     * @param minUsdcOut Minimum USDC to receive (slippage protection)
     * @return usdcOut Amount of USDC received
     */
    function executeSellForCoW(
        uint256 mycoAmount,
        uint256 minUsdcOut
    ) external onlySettlement nonReentrant returns (uint256 usdcOut) {
        if (mycoAmount == 0) revert ZeroAmount();

        uint256 mycoBalance = mycoToken.balanceOf(address(this));
        if (mycoBalance < mycoAmount) {
            revert InsufficientBalance(mycoBalance, mycoAmount);
        }

        // Execute sell on bonding curve — returns USDC to this adapter
        usdcOut = bondingCurve.sell(mycoAmount, minUsdcOut);

        if (usdcOut < minUsdcOut) {
            revert SlippageExceeded(usdcOut, minUsdcOut);
        }

        emit CowSellExecuted(mycoAmount, usdcOut);
    }

    // ===================
    // View Functions (used by Watch Tower for quotes)
    // ===================

    /**
     * @notice Quote a buy: how much MYCO for a given USDC amount
     * @param usdcAmount Amount of USDC to spend
     * @return mycoOut Expected MYCO output
     */
    function quoteBuy(uint256 usdcAmount) external view returns (uint256 mycoOut) {
        return bondingCurve.calculateBuyReturn(usdcAmount);
    }

    /**
     * @notice Quote a sell: how much USDC for a given MYCO amount
     * @param mycoAmount Amount of MYCO to sell
     * @return usdcOut Expected USDC output (after fees)
     */
    function quoteSell(uint256 mycoAmount) external view returns (uint256 usdcOut) {
        return bondingCurve.calculateSellReturn(mycoAmount);
    }

    /**
     * @notice Get the current token price from the bonding curve
     * @return price Current price in USDC (6 decimals)
     */
    function currentPrice() external view returns (uint256 price) {
        return bondingCurve.getCurrentPrice();
    }

    // ===================
    // Admin (emergency recovery)
    // ===================

    /**
     * @notice Recover tokens stuck in the adapter (emergency only)
     * @param token Token to recover
     * @param amount Amount to recover
     * @param to Recipient
     */
    function recoverTokens(
        address token,
        uint256 amount,
        address to
    ) external onlyOwner {
        IERC20(token).safeTransfer(to, amount);
        emit TokensRecovered(token, amount, to);
    }
}