Okay, this is a significant undertaking. Building a complete Solana project with all the features we've discussed (dynamic commissions, barter system, custom bonding curves, cheaper ICOs, etc.) is quite complex. I'll provide you with a structured approach, focusing on a modular design and starting with the core components.
Important Considerations:
Project Structure (Using Anchor):
abundancecoin-ico/
├── programs/
│ └── abundancecoin-ico/
│ ├── src/
│ │ ├── lib.rs
│ │ ├── state.rs // Data structures (like config, accounts, bonding curve)
│ │ ├── instructions/
│ │ │ ├── mod.rs
│ │ │ ├── create_token_sale.rs
│ │ │ ├── buy_tokens.rs
│ │ │ ├── sell_tokens.rs
│ │ │ ├── withdraw.rs
│ │ │ ├── set_commission_rate.rs
│ │ ├── utils/ // Utility functions
│ │ ├── mod.rs
│ │ ├── bonding_curve.rs
│ │ └── errors.rs
│ │
│ └── Cargo.toml
├── migrations/
│ └── deploy.ts
├── tests/
│ └── abundancecoin-ico.ts
├── app/ // Basic frontend to interact with the program
│ ├── index.html
│ ├── script.js
├── Cargo.toml // Main project Cargo.toml
├── Anchor.toml // Anchor configuration
├── README.md
1. Cargo.toml (Main Project):
[workspace]
members = [
"programs/abundancecoin-ico",
]
2. programs/abundancecoin-ico/Cargo.toml:
[package]
name = "abundancecoin-ico"
version = "0.1.0"
description = "Solana ICO program with bonding curve, dynamic commissions, and token barter"
edition = "2021"
[lib]
crate-type = ["cdylib", "rlib"]
[dependencies]
anchor-lang = "0.29.0"
async-trait = "0.1.74"
borsh = "0.10.3"
futures = "0.3.28"
num-derive = "0.4.1"
num-traits = "0.2.17"
rust_decimal = "1.30.0"
serde = { version = "1.0.190", features = ["derive"] }
solana-client = "1.17.13"
solana-program = "1.17.13"
solana-sdk = "1.17.13"
spl-associated-token-account = { version ="1.1.2", features = ["no-entrypoint"] }
spl-token = { version = "4.0.0", features = ["no-entrypoint"] }
thiserror = "1.0.50"
tokio = { version = "1.33.0", features = ["full"] }
3. programs/abundancecoin-ico/src/lib.rs:
use anchor_lang::prelude::*;
pub mod instructions;
pub mod state;
pub mod errors;
pub mod utils;
use instructions::*;
declare_id!("YourProgramIdHere");
#[program]
pub mod abundancecoin_ico {
use super::*;
pub fn create_token_sale(ctx: Context<CreateTokenSale>, config: state::TokenSaleConfig) -> Result<()> {
instructions::create_token_sale::handler(ctx, config)
}
pub fn buy_tokens(ctx: Context<BuyTokens>, amount: u64) -> Result<()> {
instructions::buy_tokens::handler(ctx, amount)
}
pub fn sell_tokens(ctx: Context<SellTokens>, amount: u64) -> Result<()> {
instructions::sell_tokens::handler(ctx, amount)
}
pub fn withdraw(ctx: Context<Withdraw>) -> Result<()> {
instructions::withdraw::handler(ctx)
}
pub fn set_commission_rate(ctx: Context<SetCommissionRate>, commission_rate: state::CommissionRate) -> Result<()> {
instructions::set_commission_rate::handler(ctx, commission_rate)
}
}
4. programs/abundancecoin-ico/src/state.rs:
use anchor_lang::prelude::*;
use rust_decimal::Decimal;
#[derive(AnchorSerialize, AnchorDeserialize, Clone, Debug, PartialEq, Copy)]
pub struct BondingCurveConfig {
pub base_price: Decimal, //in lamports
pub slope: Decimal,
pub total_supply: u64,
}
#[derive(AnchorSerialize, AnchorDeserialize, Clone, Debug, PartialEq, Copy)]
pub struct TokenSaleConfig {
pub bonding_curve: BondingCurveConfig,
pub token_mint: Pubkey,
pub token_account: Pubkey,
}
#[derive(AnchorSerialize, AnchorDeserialize, Clone, Debug, PartialEq, Copy)]
pub struct CommissionRate {
pub token_mint: Pubkey,
pub affiliate: Pubkey,
pub rate: f64, // Store as f64, but be careful with floating-point comparisons on-chain
}
#[account]
pub struct TokenSale {
pub config: TokenSaleConfig,
pub total_raised: Decimal,
pub total_tokens_sold: u64,
pub bump: u8,
}
5. programs/abundancecoin-ico/src/instructions/mod.rs:
pub mod create_token_sale;
pub mod buy_tokens;
pub mod sell_tokens;
pub mod withdraw;
pub mod set_commission_rate;
6. programs/abundancecoin-ico/src/instructions/create_token_sale.rs:
use anchor_lang::prelude::*;
use crate::state::*;
use crate::errors::TokenSaleError;
#[derive(Accounts)]
pub struct CreateTokenSale<'info> {
#[account(mut)]
pub owner: Signer<'info>,
#[account(
init,
payer = owner,
space = 8 + 8 + 8 + 8 + 8 + 32 + 32 + 1,
seeds = [b"token_sale", owner.key().as_ref()],
bump
)]
pub token_sale: Account<'info, TokenSale>,
pub system_program: Program<'info, System>,
}
pub fn handler(ctx: Context<CreateTokenSale>, config: TokenSaleConfig) -> Result<()> {
let token_sale = &mut ctx.accounts.token_sale;
token_sale.config = config;
token_sale.total_raised = Decimal::ZERO;
token_sale.total_tokens_sold = 0;
token_sale.bump = *ctx.bumps.get("token_sale").ok_or(TokenSaleError::BumpSeedNotFound)?;
Ok(())
}
7. programs/abundancecoin-ico/src/instructions/buy_tokens.rs:
use anchor_lang::prelude::*;
use crate::state::*;
use rust_decimal::Decimal;
use crate::errors::TokenSaleError;
use spl_token::{
instruction::mint_to,
ID as TOKEN_PROGRAM_ID,
};
use spl_associated_token_account::{create_associated_token_account, get_associated_token_address};
#[derive(Accounts)]
pub struct BuyTokens<'info> {
#[account(mut)]
pub buyer: Signer<'info>,
#[account(mut)]
pub token_sale: Account<'info, TokenSale>,
/// CHECK: This is the token mint
pub token_mint: AccountInfo<'info>,
/// CHECK: This is the token account that tokens are minted into
#[account(mut)]
pub token_account: AccountInfo<'info>,
pub system_program: Program<'info, System>,
/// CHECK: This is the token program
pub token_program: Program<'info, spl_token::Token>,
}
pub fn handler(ctx: Context<BuyTokens>, amount: u64) -> Result<()> {
let token_sale = &mut ctx.accounts.token_sale;
let token_mint = ctx.accounts.token_mint.key;
let token_price = calculate_token_price(token_sale.total_tokens_sold, &token_sale.config.bonding_curve);
let amount_as_decimal = Decimal::from(amount);
let tokens_to_buy = (amount_as_decimal / token_price).floor().to_u64().ok_or(TokenSaleError::InvalidAmountError)?;
if tokens_to_buy + token_sale.total_tokens_sold > token_sale.config.bonding_curve.total_supply {
return Err(TokenSaleError::InsufficientTokensError);
}
token_sale.total_tokens_sold += tokens_to_buy;
token_sale.total_raised += token_price * Decimal::from(tokens_to_buy);
let buyer_ata = get_associated_token_address(&ctx.accounts.buyer.key(), token_mint);
if ctx.accounts.token_account.owner != &TOKEN_PROGRAM_ID {
let create_ata_ix = create_associated_token_account(
&ctx.accounts.buyer.key(),
&ctx.accounts.buyer.key(),
token_mint,
&TOKEN_PROGRAM_ID,
);
solana_program::program::invoke(
&create_ata_ix,
&[
ctx.accounts.buyer.to_account_info(),
ctx.accounts.token_account.to_account_info(),
ctx.accounts.buyer.to_account_info(),
ctx.accounts.token_mint.to_account_info(),
ctx.accounts.system_program.to_account_info(),
ctx.accounts.token_program.to_account_info(),
],
)?;
}
let mint_ix = mint_to(
&TOKEN_PROGRAM_ID,
token_mint,
&buyer_ata,
&ctx.accounts.token_sale.to_account_info(),
&[&[&b"token_sale"[..],
ctx.accounts.token_sale.owner.key().as_ref(),
&[token_sale.bump]]],
tokens_to_buy,
)?;
solana_program::program::invoke_signed(
&mint_ix,
&[
ctx.accounts.token_mint.to_account_info(),
ctx.accounts.token_account.to_account_info(),
ctx.accounts.token_sale.to_account_info(),
ctx.accounts.token_program.to_account_info(),
],
&[&[&b"token_sale"[..],
ctx.accounts.token_sale.owner.key().as_ref(),
&[token_sale.bump]]],
)?;
Ok(())
}
pub fn calculate_token_price(current_supply: u64, config: &BondingCurveConfig) -> Decimal {
config.base_price * (Decimal::ONE + (Decimal::from(current_supply) / config.slope))
}
8. programs/abundancecoin-ico/src/instructions/sell_tokens.rs:
use anchor_lang::prelude::*;
use crate::state::*;
use rust_decimal::Decimal;
use crate::errors::TokenSaleError;
use spl_token::{
instruction::burn,
ID as TOKEN_PROGRAM_ID,
};
#[derive(Accounts)]
pub struct SellTokens<'info> {
#[account(mut)]
pub seller: Signer<'info>,
#[account(mut)]
pub token_sale: Account<'info, TokenSale>,
/// CHECK: This is the token mint
pub token_mint: AccountInfo<'info>,
#[account(mut)]
pub token_account: AccountInfo<'info>,
/// CHECK: This is the token program
pub token_program: Program<'info, spl_token::Token>,
}
pub fn handler(ctx: Context<SellTokens>, amount: u64) -> Result<()> {
let token_sale = &mut ctx.accounts.token_sale;
let token_mint = ctx.accounts.token_mint.key;
let seller = &ctx.accounts.seller;
if token_sale.total_tokens_sold < amount {
return Err(TokenSaleError::InsufficientTokensError);
}
let token_price = calculate_token_price(token_sale.total_tokens_sold - amount, &token_sale.config.bonding_curve);
let amount_to_return = Decimal::from(amount) * token_price;
token_sale.total_tokens_sold -= amount;
token_sale.total_raised -= amount_to_return;
let burn_ix = burn(
&TOKEN_PROGRAM_ID,
&ctx.accounts.token_account.key(),
&seller.key(),
&seller.key(),
&[],
amount,
)?;
solana_program::program::invoke(
&burn_ix,
&[
ctx.accounts.token_account.to_account_info(),
seller.to_account_info(),
ctx.accounts.token_program.to_account_info(),
],
)?;
Ok(())
}
pub fn calculate_token_price(current_supply: u64, config: &BondingCurveConfig) -> Decimal {
config.base_price * (Decimal::ONE + (Decimal::from(current_supply) / config.slope))
}
9. programs/abundancecoin-ico/src/instructions/withdraw.rs:
use anchor_lang::prelude::*;
use crate::state::*;
use crate::errors::TokenSaleError;
use solana_program::system_instruction::transfer;
#[derive(Accounts)]
pub struct Withdraw<'info> {
#[account(mut)]
pub owner: Signer<'info>,
#[account(mut,
seeds = [b"token_sale", owner.key().as_ref()],
bump
)]
pub token_sale: Account<'info, TokenSale>,
/// CHECK: This is the token account that lamports are withdrawn from
pub token_account: AccountInfo<'info>,
pub system_program: Program<'info, System>,
}
pub fn handler(ctx: Context<Withdraw>) -> Result<()> {
let token_sale = &mut ctx.accounts.token_sale;
let lamports_to_withdraw = token_sale.total_raised.floor().to_u64().ok_or(TokenSaleError::InvalidAmountError)?;
let transfer_ix = transfer(
ctx.accounts.token_account.key,
&ctx.accounts.owner.key(),
lamports_to_withdraw,
);
solana_program::program::invoke(
&transfer_ix,
&[
ctx.accounts.token_account.to_account_info(),
ctx.accounts.owner.to_account_info(),
ctx.accounts.system_program.to_account_info(),
],
)?;
token_sale.total_raised = Decimal::ZERO;
Ok(())
}
10. programs/abundancecoin-ico/src/instructions/set_commission_rate.rs:
use anchor_lang::prelude::*;
use crate::state::*;
#[derive(Accounts)]
pub struct SetCommissionRate<'info> {
#[account(mut)]
pub affiliate: Signer<'info>,
#[account(
seeds = [b"commission_rate", affiliate.key().as_ref()],
bump
)]
pub commission_rate_account: Account<'info, CommissionRate>,
pub system_program: Program<'info, System>,
}
pub fn handler(ctx: Context<SetCommissionRate>, commission_rate: CommissionRate) -> Result<()> {
let commission_account = &mut ctx.accounts.commission_rate_account;
commission_account.token_mint = commission_rate.token_mint;
commission_account.rate = commission_rate.rate;
commission_account.affiliate = commission_rate.affiliate;
Ok(())
}
11. programs/abundancecoin-ico/src/utils/mod.rs:
pub mod bonding_curve;
12. programs/abundancecoin-ico/src/utils/bonding_curve.rs:
use crate::state::BondingCurveConfig;
use rust_decimal::Decimal;
pub fn calculate_token_price(current_supply: u64, config: &BondingCurveConfig) -> Decimal {
config.base_price * (Decimal::ONE + (Decimal::from(current_supply) / config.slope))
}
13. programs/abundancecoin-ico/src/errors.rs:
use anchor_lang::prelude::*;
use thiserror::Error;
#[error("Token Sale Error: {0}")]
#[derive(Debug, Copy, Clone, Error, PartialEq, Eq)]
pub enum TokenSaleError {
#[error("Insufficient tokens available")]
InsufficientTokensError,
#[error("Invalid amount")]
InvalidAmountError,
#[error("Bump Seed Not Found")]
BumpSeedNotFound,
}
impl From<TokenSaleError> for ProgramError {
fn from(e: TokenSaleError) -> Self {
ProgramError::Custom(e as u32)
}
}
14. Anchor.toml:
[features]
seeds = true
[programs]
abundancecoin_ico = "programs/abundancecoin-ico/target/deploy/abundancecoin_ico.so"
[registry]
url = "https://api.apr.dev"
[provider]
cluster = "devnet"
wallet = "~/.config/solana/id.json"
15. migrations/deploy.ts:
// Placeholder for migration, more logic needed here later
import * as anchor from "@coral-xyz/anchor";
import { Program } from "@coral-xyz/anchor";
import { AbundancecoinIco } from "../target/types/abundancecoin_ico";
const { SystemProgram } = anchor.web3;
module.exports = async function (provider: anchor.Provider) {
anchor.setProvider(provider);
const program = anchor.workspace.AbundancecoinIco as Program<AbundancecoinIco>;
const owner = provider.wallet;
const [tokenSalePda, ] = anchor.web3.PublicKey.findProgramAddressSync(
[Buffer.from("token_sale"), owner.publicKey.toBuffer()],
program.programId
)
const tx = await program.methods.createTokenSale({
bondingCurve: {
basePrice: new anchor.BN(10_000),
slope: new anchor.BN(1_000_000),
totalSupply: new anchor.BN(10000000),
},
tokenMint: anchor.web3.Keypair.generate().publicKey,
tokenAccount: anchor.web3.Keypair.generate().publicKey
} ).accounts({
owner: owner.publicKey,
tokenSale: tokenSalePda,
systemProgram: SystemProgram.programId,
}).rpc()
console.log("create token sale", tx)
};
Explanation and Next Steps:
state, instructions, utils, errors) for better maintainability and reusability.state.rs file defines all data structures used in the program.instructions/ directory defines one instruction (entry point) of the program.utils/bonding_curve.rs contains a function to calculate price based on the specified linear bonding curve.create_token_sale, buy_tokens, sell_tokens, withdraw, and set_commission_rate.To Do (In Order):
"YourProgramIdHere" with the actual program ID you want to use.npm install -g @coral-xyz/anchor-clianchor build to compile the program.anchor deploy (usually to devnet).set_commission_rate: Modify set_commission_rate.rs to allow for dynamic commission rates for each token and affiliate. Also create a CommissionRate account in state.rs and use seeds. This will likely be similar to create_token_sale.rs.app/ to interact with your program using @coral-xyz/anchor librarytests/abundancecoin-ico.ts file (in Javascript or Typescript).buy_tokens and sell_tokens functions to include logic for token-to-token swaps. This will involve creating a separate account for token balances (possibly utilizing the associated token account program), and calculating appropriate exchange rates using mathematical models (as discussed in the previous whitepapers).calculate_token_price function to allow for other types of bonding curves (quadratic, sigmoid, etc).invoke_signed) to minimize transaction costs.This is a challenging project. Start with the core logic and build iteratively. If you have more specific questions about a particular module or function, feel free to ask.