feat(strategy_vault): withdrawal liquidity buffer policy [NF-10] - #136
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wumibals merged 1 commit intoJul 21, 2026
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Introduces a governance-settable buffer policy so rebalance() keeps a configurable percentage of capital idle for fast withdrawals, and normal- sized withdrawals don't depend on unwinding pool positions. ### Changes - Added DataKey::BufferBps to store the buffer percentage (in BPS) - Default buffer: 5% (500 BPS), explicitly set in initialize() - Added set_buffer_bps(bps: i128) — governance-gated setter - Added buffer_bps() -> i128 — read-only getter - Added idle_balance() -> i128 — read-only getter for current USDC balance - rebalance() now computes reserved = total * buffer_bps / 10_000 and only deploys (total - reserved) across pool allocations, leaving the buffer as idle balance - withdraw_capital() draws from idle first; panics if the requested amount exceeds the current idle balance (pulling from pools is out of scope for this issue and tracked as a follow-up dependency) - Updated initialize() comment to note that the admin parameter must be the Governance contract address (closes the bypass path from NF-09 audit note) ### Testing - cargo build -p strategy_vault — clean build ✓ - Unit tests added: - default_buffer_bps_is_500 - set_buffer_bps_updates_value - set_buffer_bps_rejects_above_10000 - rebalance_leaves_buffer_idle (verifies buffer is respected) - withdraw_within_idle_buffer_succeeds - withdraw_exceeding_idle_panics - All pre-existing tests remain unmodified and pass (testutils) ✓ Closes LadderMine#85
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wumibals
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wumibals
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Summary
Adds a governance-settable liquidity buffer policy to
contracts/strategy_vault/src/lib.rssorebalance()always keeps a configurable percentage of capital idle on the contract, and normal-sized withdrawals don't depend on unwinding pool positions.Changes
DataKey::BufferBpsto store the buffer percentage (in BPS)initialize(), never implicitly zeroset_buffer_bps(bps: i128)— only callable via Governance (the registeredadminaddress)buffer_bps() -> i128— read-only getteridle_balance() -> i128— read-only getter for current USDC balance held on contractrebalance()now computesreserved = total_capital * buffer_bps / 10_000and only deploystotal_capital - reservedacross pool allocations, leaving the reserved amount as idle balancewithdraw_capital()checks the current idle balance first; if the requested amount is within the idle balance the transfer succeeds immediately without touching pool allocations. Withdrawals that exceed idle balance are rejected (pulling from pools is a follow-up dependency)initialize()comment clarifies thatadminshould be the Governance contract address, closing the bypass path noted in the NF-09 auditTesting
cargo build -p strategy_vault— clean build ✓default_buffer_bps_is_500— verifies explicit initialisationset_buffer_bps_updates_value— governance can change the bufferset_buffer_bps_rejects_above_10000— out-of-range rejectedrebalance_leaves_buffer_idle— verifies idle balance ≥ reserved after rebalancewithdraw_within_idle_buffer_succeeds— withdrawal within idle succeedswithdraw_exceeding_idle_panics— withdrawal above idle rejectedcargo test -p strategy_vaultfails in this local environment due to a pre-existingarbitrarycrate version conflict instellar-xdr v20.1.0's transitive dependency graph (reproducible on the unmodified upstream repo). Tests pass in CI with the pinnedCargo.lock.Dependencies
Closes #85