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Add a linear fee multiplier to ensure safety margins (#127)
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* Add fee multiplier

* fmt

* fmt

* Update test mock

* Swap order for parameters to calculate_fee

---------

Co-authored-by: claravanstaden <Cats 4 life!>
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vgeddes authored Mar 21, 2024
1 parent cbcc449 commit 5da7df7
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Showing 11 changed files with 97 additions and 50 deletions.
3 changes: 2 additions & 1 deletion bridges/snowbridge/pallets/inbound-queue/src/mock.rs
Original file line number Diff line number Diff line change
Expand Up @@ -188,7 +188,8 @@ parameter_types! {
pub Parameters: PricingParameters<u128> = PricingParameters {
exchange_rate: FixedU128::from_rational(1, 400),
fee_per_gas: gwei(20),
rewards: Rewards { local: DOT, remote: meth(1) }
rewards: Rewards { local: DOT, remote: meth(1) },
multiplier: FixedU128::from_rational(1, 1),
};
}

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11 changes: 7 additions & 4 deletions bridges/snowbridge/pallets/outbound-queue/runtime-api/src/lib.rs
Original file line number Diff line number Diff line change
Expand Up @@ -3,18 +3,21 @@
#![cfg_attr(not(feature = "std"), no_std)]

use frame_support::traits::tokens::Balance as BalanceT;
use snowbridge_core::outbound::Message;
use snowbridge_core::{
outbound::{Command, Fee},
PricingParameters,
};
use snowbridge_outbound_queue_merkle_tree::MerkleProof;

sp_api::decl_runtime_apis! {
pub trait OutboundQueueApi<Balance> where Balance: BalanceT
{
/// Generate a merkle proof for a committed message identified by `leaf_index`.
/// The merkle root is stored in the block header as a
/// `\[`sp_runtime::generic::DigestItem::Other`\]`
/// `sp_runtime::generic::DigestItem::Other`
fn prove_message(leaf_index: u64) -> Option<MerkleProof>;

/// Calculate the delivery fee for `message`
fn calculate_fee(message: Message) -> Option<Balance>;
/// Calculate the delivery fee for `command`
fn calculate_fee(command: Command, parameters: Option<PricingParameters<Balance>>) -> Fee<Balance>;
}
}
18 changes: 12 additions & 6 deletions bridges/snowbridge/pallets/outbound-queue/src/api.rs
Original file line number Diff line number Diff line change
Expand Up @@ -4,8 +4,12 @@

use crate::{Config, MessageLeaves};
use frame_support::storage::StorageStreamIter;
use snowbridge_core::outbound::{Message, SendMessage};
use snowbridge_core::{
outbound::{Command, Fee, GasMeter},
PricingParameters,
};
use snowbridge_outbound_queue_merkle_tree::{merkle_proof, MerkleProof};
use sp_core::Get;

pub fn prove_message<T>(leaf_index: u64) -> Option<MerkleProof>
where
Expand All @@ -19,12 +23,14 @@ where
Some(proof)
}

pub fn calculate_fee<T>(message: Message) -> Option<T::Balance>
pub fn calculate_fee<T>(
command: Command,
parameters: Option<PricingParameters<T::Balance>>,
) -> Fee<T::Balance>
where
T: Config,
{
match crate::Pallet::<T>::validate(&message) {
Ok((_, fees)) => Some(fees.total()),
_ => None,
}
let gas_used_at_most = T::GasMeter::maximum_gas_used_at_most(&command);
let parameters = parameters.unwrap_or(T::PricingParameters::get());
crate::Pallet::<T>::calculate_fee(gas_used_at_most, parameters)
}
32 changes: 23 additions & 9 deletions bridges/snowbridge/pallets/outbound-queue/src/lib.rs
Original file line number Diff line number Diff line change
Expand Up @@ -47,24 +47,37 @@
//! consume on Ethereum. Using this upper bound, a final fee can be calculated.
//!
//! The fee calculation also requires the following parameters:
//! * ETH/DOT exchange rate
//! * Ether fee per unit of gas
//! * Average ETH/DOT exchange rate over some period
//! * Max fee per unit of gas that bridge is willing to refund relayers for
//!
//! By design, it is expected that governance should manually update these
//! parameters every few weeks using the `set_pricing_parameters` extrinsic in the
//! system pallet.
//!
//! This is an interim measure. Once ETH/DOT liquidity pools are available in the Polkadot network,
//! we'll use them as a source of pricing info, subject to certain safeguards.
//!
//! ## Fee Computation Function
//!
//! ```text
//! LocalFee(Message) = WeightToFee(ProcessMessageWeight(Message))
//! RemoteFee(Message) = MaxGasRequired(Message) * FeePerGas + Reward
//! Fee(Message) = LocalFee(Message) + (RemoteFee(Message) / Ratio("ETH/DOT"))
//! RemoteFee(Message) = MaxGasRequired(Message) * Params.MaxFeePerGas + Params.Reward
//! RemoteFeeAdjusted(Message) = Params.Multiplier * (RemoteFee(Message) / Params.Ratio("ETH/DOT"))
//! Fee(Message) = LocalFee(Message) + Params.Multiplier * RemoteFeeAdjusted(Message)
//! ```
//!
//! By design, the computed fee is always going to conservative, to cover worst-case
//! costs of dispatch on Ethereum. In future iterations of the design, we will optimize
//! this, or provide a mechanism to asynchronously refund a portion of collected fees.
//! By design, the computed fee includes a safety factor (the `Multiplier`) to cover
//! unfavourable fluctuations in the ETH/DOT exchange rate.
//!
//! ## Fee Settlement
//!
//! On the remote side, in the gateway contract, the relayer accrues
//!
//! ```text
//! Min(GasPrice, Message.MaxFeePerGas) * GasUsed() + Message.Reward
//! ```
//! Or in plain english, relayers are refunded for gas consumption, using a
//! price that is a minimum of the actual gas price, or `Message.MaxFeePerGas``.
//!
//! # Extrinsics
//!
Expand Down Expand Up @@ -106,7 +119,7 @@ pub use snowbridge_outbound_queue_merkle_tree::MerkleProof;
use sp_core::{H256, U256};
use sp_runtime::{
traits::{CheckedDiv, Hash},
DigestItem,
DigestItem, Saturating,
};
use sp_std::prelude::*;
pub use types::{CommittedMessage, ProcessMessageOriginOf};
Expand Down Expand Up @@ -366,8 +379,9 @@ pub mod pallet {
// downcast to u128
let fee: u128 = fee.try_into().defensive_unwrap_or(u128::MAX);

// convert to local currency
// multiply by multiplier and convert to local currency
let fee = FixedU128::from_inner(fee)
.saturating_mul(params.multiplier)
.checked_div(&params.exchange_rate)
.expect("exchange rate is not zero; qed")
.into_inner();
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3 changes: 2 additions & 1 deletion bridges/snowbridge/pallets/outbound-queue/src/mock.rs
Original file line number Diff line number Diff line change
Expand Up @@ -87,7 +87,8 @@ parameter_types! {
pub Parameters: PricingParameters<u128> = PricingParameters {
exchange_rate: FixedU128::from_rational(1, 400),
fee_per_gas: gwei(20),
rewards: Rewards { local: DOT, remote: meth(1) }
rewards: Rewards { local: DOT, remote: meth(1) },
multiplier: FixedU128::from_rational(4, 3),
};
}

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46 changes: 26 additions & 20 deletions bridges/snowbridge/pallets/outbound-queue/src/test.rs
Original file line number Diff line number Diff line change
Expand Up @@ -268,42 +268,48 @@ fn encode_digest_item() {
}

#[test]
fn validate_messages_with_fees() {
fn test_calculate_fees_with_unit_multiplier() {
new_tester().execute_with(|| {
let message = mock_message(1000);
let (_, fee) = OutboundQueue::validate(&message).unwrap();
let gas_used: u64 = 250000;
let price_params: PricingParameters<<Test as Config>::Balance> = PricingParameters {
exchange_rate: FixedU128::from_rational(1, 400),
fee_per_gas: 10000_u32.into(),
rewards: Rewards { local: 1_u32.into(), remote: 1_u32.into() },
multiplier: FixedU128::from_rational(1, 1),
};
let fee = OutboundQueue::calculate_fee(gas_used, price_params);
assert_eq!(fee.local, 698000000);
assert_eq!(fee.remote, 2680000000000);
assert_eq!(fee.remote, 1000000);
});
}

#[test]
fn test_calculate_fees() {
fn test_calculate_fees_with_multiplier() {
new_tester().execute_with(|| {
let gas_used: u64 = 250000;
let illegal_price_params: PricingParameters<<Test as Config>::Balance> =
PricingParameters {
exchange_rate: FixedU128::from_rational(1, 400),
fee_per_gas: 10000_u32.into(),
rewards: Rewards { local: 1_u32.into(), remote: 1_u32.into() },
};
let fee = OutboundQueue::calculate_fee(gas_used, illegal_price_params);
let price_params: PricingParameters<<Test as Config>::Balance> = PricingParameters {
exchange_rate: FixedU128::from_rational(1, 400),
fee_per_gas: 10000_u32.into(),
rewards: Rewards { local: 1_u32.into(), remote: 1_u32.into() },
multiplier: FixedU128::from_rational(4, 3),
};
let fee = OutboundQueue::calculate_fee(gas_used, price_params);
assert_eq!(fee.local, 698000000);
assert_eq!(fee.remote, 1000000);
assert_eq!(fee.remote, 1333333);
});
}

#[test]
fn test_calculate_fees_with_valid_exchange_rate_but_remote_fee_calculated_as_zero() {
new_tester().execute_with(|| {
let gas_used: u64 = 250000;
let illegal_price_params: PricingParameters<<Test as Config>::Balance> =
PricingParameters {
exchange_rate: FixedU128::from_rational(1, 1),
fee_per_gas: 1_u32.into(),
rewards: Rewards { local: 1_u32.into(), remote: 1_u32.into() },
};
let fee = OutboundQueue::calculate_fee(gas_used, illegal_price_params.clone());
let price_params: PricingParameters<<Test as Config>::Balance> = PricingParameters {
exchange_rate: FixedU128::from_rational(1, 1),
fee_per_gas: 1_u32.into(),
rewards: Rewards { local: 1_u32.into(), remote: 1_u32.into() },
multiplier: FixedU128::from_rational(1, 1),
};
let fee = OutboundQueue::calculate_fee(gas_used, price_params.clone());
assert_eq!(fee.local, 698000000);
// Though none zero pricing params the remote fee calculated here is invalid
// which should be avoided
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2 changes: 2 additions & 0 deletions bridges/snowbridge/pallets/system/src/lib.rs
Original file line number Diff line number Diff line change
Expand Up @@ -159,6 +159,7 @@ pub mod pallet {
type DefaultPricingParameters: Get<PricingParametersOf<Self>>;

/// Cost of delivering a message from Ethereum
#[pallet::constant]
type InboundDeliveryCost: Get<BalanceOf<Self>>;

type WeightInfo: WeightInfo;
Expand Down Expand Up @@ -334,6 +335,7 @@ pub mod pallet {
let command = Command::SetPricingParameters {
exchange_rate: params.exchange_rate.into(),
delivery_cost: T::InboundDeliveryCost::get().saturated_into::<u128>(),
multiplier: params.multiplier.into(),
};
Self::send(PRIMARY_GOVERNANCE_CHANNEL, command, PaysFee::<T>::No)?;

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3 changes: 2 additions & 1 deletion bridges/snowbridge/pallets/system/src/mock.rs
Original file line number Diff line number Diff line change
Expand Up @@ -202,7 +202,8 @@ parameter_types! {
pub Parameters: PricingParameters<u128> = PricingParameters {
exchange_rate: FixedU128::from_rational(1, 400),
fee_per_gas: gwei(20),
rewards: Rewards { local: DOT, remote: meth(1) }
rewards: Rewards { local: DOT, remote: meth(1) },
multiplier: FixedU128::from_rational(4, 3)
};
pub const InboundDeliveryCost: u128 = 1_000_000_000;

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13 changes: 9 additions & 4 deletions bridges/snowbridge/primitives/core/src/outbound.rs
Original file line number Diff line number Diff line change
Expand Up @@ -136,6 +136,8 @@ mod v1 {
exchange_rate: UD60x18,
// Cost of delivering a message from Ethereum to BridgeHub, in ROC/KSM/DOT
delivery_cost: u128,
// Fee multiplier
multiplier: UD60x18,
},
}

Expand Down Expand Up @@ -203,10 +205,11 @@ mod v1 {
Token::Uint(U256::from(*transfer_asset_xcm)),
Token::Uint(*register_token),
])]),
Command::SetPricingParameters { exchange_rate, delivery_cost } =>
Command::SetPricingParameters { exchange_rate, delivery_cost, multiplier } =>
ethabi::encode(&[Token::Tuple(vec![
Token::Uint(exchange_rate.clone().into_inner()),
Token::Uint(U256::from(*delivery_cost)),
Token::Uint(multiplier.clone().into_inner()),
])]),
}
}
Expand Down Expand Up @@ -273,7 +276,8 @@ mod v1 {
}
}

#[cfg_attr(feature = "std", derive(PartialEq, Debug))]
#[derive(Clone, Encode, Decode, RuntimeDebug, TypeInfo)]
#[cfg_attr(feature = "std", derive(PartialEq))]
/// Fee for delivering message
pub struct Fee<Balance>
where
Expand Down Expand Up @@ -346,12 +350,13 @@ pub trait GasMeter {
/// the command within the message
const MAXIMUM_BASE_GAS: u64;

/// Total gas consumed at most, including verification & dispatch
fn maximum_gas_used_at_most(command: &Command) -> u64 {
Self::MAXIMUM_BASE_GAS + Self::maximum_dispatch_gas_used_at_most(command)
}

/// Measures the maximum amount of gas a command payload will require to dispatch, AFTER
/// validation & verification.
/// Measures the maximum amount of gas a command payload will require to *dispatch*, NOT
/// including validation & verification.
fn maximum_dispatch_gas_used_at_most(command: &Command) -> u64;
}

Expand Down
5 changes: 5 additions & 0 deletions bridges/snowbridge/primitives/core/src/pricing.rs
Original file line number Diff line number Diff line change
Expand Up @@ -13,6 +13,8 @@ pub struct PricingParameters<Balance> {
pub rewards: Rewards<Balance>,
/// Ether (wei) fee per gas unit
pub fee_per_gas: U256,
/// Fee multiplier
pub multiplier: FixedU128,
}

#[derive(Clone, Encode, Decode, PartialEq, RuntimeDebug, MaxEncodedLen, TypeInfo)]
Expand Down Expand Up @@ -43,6 +45,9 @@ where
if self.rewards.remote.is_zero() {
return Err(InvalidPricingParameters)
}
if self.multiplier == FixedU128::zero() {
return Err(InvalidPricingParameters)
}
Ok(())
}
}
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Original file line number Diff line number Diff line change
Expand Up @@ -38,7 +38,9 @@ pub mod xcm_config;
use cumulus_pallet_parachain_system::RelayNumberMonotonicallyIncreases;
use snowbridge_beacon_primitives::{Fork, ForkVersions};
use snowbridge_core::{
gwei, meth, outbound::Message, AgentId, AllowSiblingsOnly, PricingParameters, Rewards,
gwei, meth,
outbound::{Command, Fee},
AgentId, AllowSiblingsOnly, PricingParameters, Rewards,
};
use snowbridge_router_primitives::inbound::MessageToXcm;
use sp_api::impl_runtime_apis;
Expand Down Expand Up @@ -503,7 +505,8 @@ parameter_types! {
pub Parameters: PricingParameters<u128> = PricingParameters {
exchange_rate: FixedU128::from_rational(1, 400),
fee_per_gas: gwei(20),
rewards: Rewards { local: 1 * UNITS, remote: meth(1) }
rewards: Rewards { local: 1 * UNITS, remote: meth(1) },
multiplier: FixedU128::from_rational(1, 1),
};
}

Expand Down Expand Up @@ -1022,8 +1025,8 @@ impl_runtime_apis! {
snowbridge_pallet_outbound_queue::api::prove_message::<Runtime>(leaf_index)
}

fn calculate_fee(message: Message) -> Option<Balance> {
snowbridge_pallet_outbound_queue::api::calculate_fee::<Runtime>(message)
fn calculate_fee(command: Command, parameters: Option<PricingParameters<Balance>>) -> Fee<Balance> {
snowbridge_pallet_outbound_queue::api::calculate_fee::<Runtime>(command, parameters)
}
}

Expand Down

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