AAVE is a decentralized non-custodial liquidity market protocol where users can participate as depositors or borrowers. The AAVE Protocol is a set of open source smart contracts which facilitate the lending and borrowing of user funds. These contracts, and all user transactions/balances are stored on a public ledger called a blockchain, making them accessible to anyone.
The aave-js package gives developers access to methods for formatting data and executing transactions on the AAVE protocol.
- Quick Start
- Data Formatting Methods
- Transaction Methods
- a. Lending Pool V2
- b. Staking
- c. Governance V2
- d. Faucets
- Lint
- Build
This package uses ethers v5 as peer dependency, so make sure you have installed it in your project.
npm install --save ethers
npm install --save @aave/protocol-js
AAVE aggregates on-chain protocol data into a variety of different subgraphs on TheGraph which can be queried directly using the playground (links below) and integrated into applications directly via TheGraph API.
The aave-js data formatting methods are a layer beyond graphql which wraps protocol data into more usable formats. Each method will require inputs from AAVE subgraph queries, links to these queries in the source code are provided for each method below.
Check out this getting started guide to get your application integrated with the AAVE subgraphs
-
V1 GraphQL:
-
V2 GraphQL (V2 Market and AMM Market)
The V2 Subgraph contains data for both the V2 and AMM markets. The market which a reserve belongs to can be identified with the pool parameter (market address). The pool id for available markets are below:
- V2 Market: "0xb53c1a33016b2dc2ff3653530bff1848a515c8c5"
- AMM Market: "0xacc030ef66f9dfeae9cbb0cd1b25654b82cfa8d5"
import { v1, v2 } from '@aave/protocol-js';
// Fetch poolReservesData from GQL Subscription
// Fetch rawUserReserves from GQL Subscription
// Fetch ethPriceUSD from GQL Subscription
let userAddress = "0x..."
let userSummary = v2.formatUserSummaryData(poolReservesData, rawUserReserves, userAddress.toLowerCase(), Math.floor(Date.now() / 1000))
Returns formatted summary of AAVE user portfolio including: array of holdings, total liquidity, total collateral, total borrows, liquidation threshold, health factor, and available borrowing power
- @param
poolReservesData
GraphQL input:- subscription: src/[v1 or v2]/graphql/subscriptions/reserves-update-subscription.graphql : Requires input of pool (address of market which can be found above, or remove this filter to fetch all markets)
- types: src/[v1 or v2]/graphql/fragments/pool-reserve-data.graphql
- @param
rawUserReserves
GraphQL input, query can be found here:- subscription: src/[v1 or v2]/graphql/subscriptions/user-position-update-subscription.graphql : Requires input of user (lowercase address), and pool (address of market which can be found above, or remove this filter to fetch all markets)
- types: src/[v1 or v2]/graphql/fragments/user-reserve-data.graphql
- @param
userId
Wallet address, MUST BE LOWERCASE! - @param
usdPriceEth
Current price of USD in ETH in small units (10^18). For example, if ETH price in USD = $1900, usdPriceEth = (1 / 1900) * 10^18 : Can also be fetched using this subscription: /src/[v1 or v2]/graphql/subscriptions/usd-price-eth-update-subscription.graphql - @param
currentTimestamp
Current Unix timestamp in seconds: Math.floor(Date.now() / 1000) - @param @optional
rewardsInfo
Information used to compute aTokenRewards (deposit rewards), vTokenRewards (variable debt rewards), and sTokenRewards (stable debt rewards). Object with format:All fields can be fetched from the IncentivesController subgraph entity with the exception of rewardTokenPriceEth. Since reward tokens are not guaranteed to be Aave reserve tokens, the price feed for reward tokens is not directly attached to the controller. For stkAAVE, WMATIC, and WAVAX rewards the reveserve price feed from AAVE, MATIC, and AVAX repectively can be used.{ rewardTokenAddress: string; rewardTokenDecimals: number; incentivePrecision: number; rewardTokenPriceEth: string; emissionEndTimestamp: number; }
v1.formatUserSummaryData(
poolReservesData: ReserveData[],
rawUserReserves: UserReserveData[],
userId: string,
usdPriceEth: BigNumberValue,
currentTimestamp: number
);
v2.formatUserSummaryData(
poolReservesData: ReserveData[],
rawUserReserves: UserReserveData[],
userId: string,
usdPriceEth: BigNumberValue,
currentTimestamp: number,
rewardsInfo?: RewardInformation
);
Returns formatted summary of each AAVE reserve asset
Note: liquidityRate = deposit rate in the return object
- @param
reserves
GraphQL input:- subscription: src/[v1 or v2]/graphql/subscriptions/reserves-update-subscription.graphql : Requires input of pool (address of market which can be found above, or remove this filter to fetch all markets)
- types: src/[v1 or v2]/graphql/fragments/pool-reserve-data.graphql
- @param @optional
reservesIndexed30DaysAgo
GraphQL input:- subscription: src/[v1 or v2]/graphql/subscriptions/reserve-rates-30-days-ago.graphql
- types: src/[v1 or v2]/graphql/fragments/reserve-rates-history-data.graphql
- @param @optional
currentTimestamp
Current Unix timestamp in seconds: Math.floor(Date.now() / 1000) - @param @optional
rewardTokenPriceEth
Price of reward token in market base currency. Can use the priceInEth from the reserve data if there is a corresponding reserve for the reward token (stkAave -> Aave reserve price, WMATIC -> MATIC reserve price, etc.) - @param @optional
emissionEndTimestamp
Timestamp of reward emission end. Can be fetched from IncentivesController subgraph entity
v1.formatReserves(
reserves: ReserveData[]
reservesIndexed30DaysAgo?: ReserveRatesData[]
);
v2.formatReserves(
reserves: ReserveData[]
reservesIndexed30DaysAgo?: ReserveRatesData[],
currentTimestamp?: number,
rewardTokenPriceEth?: string,
emissionEndTimestamp?: number
);
The library exports the enabled networks and markets in the Aave protocol as the enums Network
and Market
import { Network, Market } from '@aave/protocol-js';
import { TxBuilderV2, Network, Market } from '@aave/protocol-js'
const httpProvider = new Web3.providers.HttpProvider(
process.env.ETHEREUM_URL ||
"https://kovan.infura.io/v3/<project_id>"
);
const txBuilder = new TxBuilderV2(Network.main, httpProvider);
lendingPool = txBuilder.getLendingPool(Market.main); // get all lending pool methods
The library accepts 3 kinds of providers:
- web3 provider
- JsonRPC url
- no provider: if no provider is passed it will default to ethers Infura / etherscan providers (shared providers, do not use in production)
To learn more about supported providers, see the ethers documentation on providers.
Object that contains all the necessary methods to create Aave lending pool transactions.
The return object will be a Promise array of objects of type:
import { EthereumTransactionTypeExtended } from '@aave/protocol-js'
having {tx, txType}
- tx: object with transaction fields.
- txType: string determining the kinds of transaction.
Deposits the underlying asset into the reserve. A corresponding amount of the overlying asset (aTokens) is minted.
- @param
user
The ethereum address that will make the deposit - @param
reserve
The ethereum address of the reserve - @param
amount
The amount to be deposited - @param @optional
onBehalfOf
The ethereum address for which user is depositing. It will default to the user address - @param @optional
referralCode
Integrators are assigned a referral code and can potentially receive rewards. It defaults to 0 (no referrer)
lendingPool.deposit({
user, // string,
reserve, // string,
amount, // string,
onBehalfOf, // ? string,
referralCode, // ? string,
});
If the user
is not approved, an approval transaction will also be returned.
Borrow an amount
of reserve
asset.
User must have a collaterised position (i.e. aTokens in their wallet)
- @param
user
The ethereum address that will receive the borrowed amount - @param
reserve
The ethereum address of the reserve asset - @param
amount
The amount to be borrowed, in human readable units (e.g. 2.5 ETH) - @param
interestRateMode
Whether the borrow will incur a stable or variable interest rate (1 | 2) - @param @optional
debtTokenAddress
The ethereum address of the debt token of the asset you want to borrow. Only needed if the reserve is ETH mock address - @param @optional
onBehalfOf
The ethereum address for which user is borrowing. It will default to the user address - @param @optional
refferalCode
Integrators are assigned a referral code and can potentially receive rewards. It defaults to 0 (no referrer)
enum InterestRate {
None = 'None',
Stable = 'Stable',
Variable = 'Variable',
}
lendingPool.borrow({
user, // string,
reserve, // string,
amount, // string,
interestRateMode, // InterestRate;
debtTokenAddress, // ? string;
onBehalfOf, // ? string;
referralCode, // ? string;
});
Repays a borrow on the specific reserve, for the specified amount (or for the whole amount, if (-1) is specified).
the target user is defined by onBehalfOf
. If there is no repayment on behalf of another account, onBehalfOf
must be equal to user
.
- @param
user
The ethereum address that repays - @param
reserve
The ethereum address of the reserve on which the user borrowed - @param
amount
The amount to repay, or (-1) if the user wants to repay everything - @param
interestRateMode
Whether the borrow will incur a stable or variable interest rate (1 | 2) - @param @optional
onBehalfOf
The ethereum address for which user is repaying. It will default to the user address
enum InterestRate {
None = 'None',
Stable = 'Stable',
Variable = 'Variable',
}
lendingPool.repay({
user, // string,
reserve, // string,
amount, // string,
interestRateMode, // InterestRate;
onBehalfOf, // ? string
});
If the user
is not approved, an approval transaction will also be returned.
Withdraws the underlying asset of an aToken asset.
- @param
user
The ethereum address that will receive the aTokens - @param
reserve
The ethereum address of the reserve asset - @param
amount
The amount of aToken being redeemed - @param @optional
aTokenAddress
The ethereum address of the aToken. Only needed if the reserve is ETH mock address - @param @optional
onBehalfOf
The amount of aToken being redeemed. It will default to the user address
lendingPool.withdraw({
user, // string,
reserve, // string,
amount, // string,
aTokenAddress, // ? string,
onBehalfOf, // ? string
});
Borrowers can use this function to swap between stable and variable borrow rate modes.
- @param
user
The ethereum address that wants to swap rate modes - @param
reserve
The address of the reserve on which the user borrowed - @param
interestRateMode
Whether the borrow will incur a stable or variable interest rate (1 | 2)
enum InterestRate {
None = 'None',
Stable = 'Stable',
Variable = 'Variable',
}
lendingPool.swapBorrowRateMode({
user, // string,
reserve, // string,
interestRateMode, // InterestRate;
});
Allows depositors to enable or disable a specific deposit as collateral.
- @param
user
The ethereum address that enables or disables the deposit as collateral - @param
reserve
The ethereum address of the reserve - @param
useAsCollateral
True if the user wants to use the deposit as collateral, false otherwise.
lendingPool.setUsageAsCollateral({
user, // string,
reserve, // string,
usageAsCollateral, // boolean
});
Users can invoke this function to liquidate an undercollateralized position.
- @param
liquidator
The ethereum address that will liquidate the position - @param
liquidatedUser
The address of the borrower - @param
debtReserve
The ethereum address of the principal reserve - @param
collateralReserve
The address of the collateral to liquidated - @param
purchaseAmount
The amount of principal that the liquidator wants to repay - @param @optional
getAToken
Boolean to indicate if the user wants to receive the aToken instead of the asset. Defaults to false
lendingPool.liquidationCall({
liquidator, // string;
liquidatedUser, // string;
debtReserve, // string;
collateralReserve, // string;
purchaseAmount, // string;
getAToken, // ? boolean;
});
Allows users to swap a collateral to another asset
- @param
user
The ethereum address that will liquidate the position - @param @optional
flash
If the transaction will be executed through a flasloan(true) or will be done directly through the adapters(false). Defaults to false - @param
fromAsset
The ethereum address of the asset you want to swap - @param
fromAToken
The ethereum address of the aToken of the asset you want to swap - @param
toAsset
The ethereum address of the asset you want to swap to (get) - @param
fromAmount
The amount you want to swap - @param
toAmount
The amount you want to get after the swap - @param
maxSlippage
The max slippage that the user accepts in the swap - @param @optional
permitSignature
A permit signature of the tx. Only needed when previously signed (Not needed at the moment). - @param
swapAll
Bool indicating if the user wants to swap all the current collateral - @param @optional
onBehalfOf
The ethereum address for which user is swaping. It will default to the user address - @param @optional
referralCode
Integrators are assigned a referral code and can potentially receive rewards. It defaults to 0 (no referrer) - @param @optional
useEthPath
Boolean to indicate if the swap will use an ETH path. Defaults to false
type PermitSignature = {
amount: tStringCurrencyUnits;
deadline: string;
v: number;
r: BytesLike;
s: BytesLike;
};
await lendingPool.swapCollateral({
user, // string;
flash, // ? boolean;
fromAsset, // string;
fromAToken, // string;
toAsset, // string;
fromAmount, // string;
toAmount, // string;
maxSlippage, // string;
permitSignature, // ? PermitSignature;
swapAll, // boolean;
onBehalfOf, // ? string;
referralCode, // ? string;
useEthPath, // ? boolean;
});
Allows a borrower to repay the open debt with the borrower collateral
- @param
user
The ethereum address that will liquidate the position - @param
fromAsset
The ethereum address of the asset you want to repay with (collateral) - @param
fromAToken
The ethereum address of the aToken of the asset you want to repay with (collateral) - @param
assetToRepay
The ethereum address of the asset you want to repay - @param
repayWithAmount
The amount of collateral you want to repay the debt with - @param
repayAmount
The amount of debt you want to repay - @param
permitSignature
A permit signature of the tx. Optional - @param @optional
repayAllDebt
Bool indicating if the user wants to repay all current debt. Defaults to false - @param
rateMode
Enum indicating the type of the interest rate of the collateral - @param @optional
onBehalfOf
The ethereum address for which user is swaping. It will default to the user address - @param @optional
referralCode
Integrators are assigned a referral code and can potentially receive rewards. It defaults to 0 (no referrer) - @param @optional
flash
If the transaction will be executed through a flasloan(true) or will be done directly through the adapters(false). Defaults to false - @param @optional
useEthPath
Boolean to indicate if the swap will use an ETH path. Defaults to false
enum InterestRate {
None = 'None',
Stable = 'Stable',
Variable = 'Variable',
}
await lendingPool.repayWithCollateral({
user, // string;
fromAsset, // string;
fromAToken, // string;
assetToRepay, // string
repayWithAmount, // string;
repayAmount, // string;
permitSignature, // ? PermitSignature;
repayAllDebt, // ? boolean;
rateMode, // InterestRate;
onBehalfOf, // ? string;
referralCode, // ? string;
flash, // ? boolean;
useEthPath, // ? boolean;
});
Example of how to use the governance service
import {
TxBuilderV2,
AaveGovernanceV2Interface,
GovernanceDelegationTokenInterface,
} from '@aave/protocol-js';
const httpProvider = new Web3.providers.HttpProvider(
process.env.ETHEREUM_URL ||
"https://kovan.infura.io/v3/<project_id>"
);
const txBuilder = new TxBuilderV2(Network.main, httpProvider);
const gov2 = txBuilder.aaveGovernanceV2Service;
const powerDelegation = txBuilder.governanceDelegationTokenService;
Creates a Proposal (needs to be validated by the Proposal Validator)
- @param
user
The ethereum address that will create the proposal - @param
targets
list of contracts called by proposal's associated transactions - @param
values
list of value in wei for each propoposal's associated transaction - @param
signatures
list of function signatures (can be empty) to be used when created the callData - @param
calldatas
list of calldatas: if associated signature empty, calldata ready, else calldata is arguments - @param
withDelegatecalls
boolean, true = transaction delegatecalls the taget, else calls the target - @param
ipfsHash
IPFS hash of the proposal - @param
executor
The ExecutorWithTimelock contract that will execute the proposal
enum ExecutorType {
Short,
Long,
}
--------
gov2.create({
user. // string;
targets, //string[];
values, // string[];
signatures, // string[];
calldatas, // BytesLike[];
withDelegateCalls, // boolean[];
ipfsHash, // BytesLike;
executor, // ExecutorType;
});
Cancels a Proposal. Callable by the _guardian with relaxed conditions, or by anybody if the conditions of cancellation on the executor are fulfilled
- @param
user
The ethereum address that will create the proposal - @param
proposalId
Id of the proposal we want to cancel
gov2.cancel({
user, // string
proposalId, // number
})
Queue the proposal (If Proposal Succeeded)
- @param
user
The ethereum address that will create the proposal - @param
proposalId
Id of the proposal we want to queue
gov2.queue({
user, // string
proposalId, // number
})
Execute the proposal (If Proposal Queued)
- @param
user
The ethereum address that will create the proposal - @param
proposalId
Id of the proposal we want to execute
gov2.execute({
user, // string
proposalId, // number
})
Function allowing msg.sender to vote for/against a proposal
- @param
user
The ethereum address that will create the proposal - @param
proposalId
Id of the proposal we want to vote - @param
support
Bool indicating if you are voting in favor (true) or against (false)
gov2.submitVote({
user, // string
proposalId, // number
support, // boolean
})
Method for the user to delegate voting and
proposition power to the chosen address
- @param
user
The ethereum address that will create the proposal - @param
delegatee
The ethereum address to which the user wants to delegate proposition power and voting power - @param
governanceToken
The ethereum address of the governance token
powerDelegation.delegate({
user, // string
delegatee, // string
governanceToken // string
});
Method for the user to delegate voting or
proposition power to the chosen address
- @param
user
The ethereum address that will create the proposal - @param
delegatee
The ethereum address to which the user wants to delegate proposition power and voting power - @param
delegationType
The type of the delegation the user wants to do: voting power ('0') or proposition power ('1') - @param
governanceToken
The ethereum address of the governance token
powerDelegation.delegateByType({
user, // string
delegatee, // string
delegationType, // string
governanceToken // string
});
To use the testnet faucets which are compatible with Aave:
import { TxBuilderV2, Network, Market } from '@aave/protocol-js'
const httpProvider = new Web3.providers.HttpProvider(
process.env.ETHEREUM_URL ||
"https://kovan.infura.io/v3/<project_id>"
);
const txBuilder = new TxBuilderV2(Network.main, httpProvider);
const faucet = txBuilder.faucetService;
Mint tokens for the usage on the Aave protocol on the Kovan network. The amount of minted tokens is fixed and depends on the token
- @param
userAddress
The ethereum address of the wallet the minted tokens will go - @param
reserve
The ethereum address of the token you want to mint - @param
tokenSymbol
The symbol of the token you want to mint
faucet.mint({
userAddress, // string
reserve, // string
tokenSymbol, // string
});
To lint we use EsLint with typescript plugins and extending Airbnb
npm run lint
To build run:
npm run build // builds with tsdx
npm run build:tsc // builds with tsc