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Add LowerBoundedFeeEstimator to set FeeEstimator min rates
`LowerBoundedFeeEstimator` is a wrapper for `Deref`s to `FeeEstimator`s that limits the get_est_sat_per_1000_weight() method to no less than 253 sats/kW.
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@ -13,6 +13,8 @@
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//! Includes traits for monitoring and receiving notifications of new blocks and block
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//! disconnections, transaction broadcasting, and feerate information requests.
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use core::{cmp, ops::Deref};
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use bitcoin::blockdata::transaction::Transaction;
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/// An interface to send a transaction to the Bitcoin network.
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@ -41,14 +43,78 @@ pub enum ConfirmationTarget {
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pub trait FeeEstimator {
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/// Gets estimated satoshis of fee required per 1000 Weight-Units.
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///
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/// Must return a value no smaller than 253 (ie 1 satoshi-per-byte rounded up to ensure later
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/// round-downs don't put us below 1 satoshi-per-byte).
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/// LDK will wrap this method and ensure that the value returned is no smaller than 253
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/// (ie 1 satoshi-per-byte rounded up to ensure later round-downs don't put us below 1 satoshi-per-byte).
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///
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/// This method can be implemented with the following unit conversions:
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/// The following unit conversions can be used to convert to sats/KW. Note that it is not
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/// necessary to use max() as the minimum of 253 will be enforced by LDK:
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/// * max(satoshis-per-byte * 250, 253)
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/// * max(satoshis-per-kbyte / 4, 253)
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fn get_est_sat_per_1000_weight(&self, confirmation_target: ConfirmationTarget) -> u32;
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}
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// We need `FeeEstimator` implemented so that in some places where we only have a shared
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// reference to a `Deref` to a `FeeEstimator`, we can still wrap it.
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impl<D: Deref> FeeEstimator for D where D::Target: FeeEstimator {
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fn get_est_sat_per_1000_weight(&self, confirmation_target: ConfirmationTarget) -> u32 {
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(**self).get_est_sat_per_1000_weight(confirmation_target)
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}
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}
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/// Minimum relay fee as required by bitcoin network mempool policy.
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pub const MIN_RELAY_FEE_SAT_PER_1000_WEIGHT: u64 = 4000;
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/// Minimum feerate that takes a sane approach to bitcoind weight-to-vbytes rounding.
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/// See the following Core Lightning commit for an explanation:
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/// https://github.com/ElementsProject/lightning/commit/2e687b9b352c9092b5e8bd4a688916ac50b44af0
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pub const FEERATE_FLOOR_SATS_PER_KW: u32 = 253;
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/// Wraps a `Deref` to a `FeeEstimator` so that any fee estimations provided by it
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/// are bounded below by `FEERATE_FLOOR_SATS_PER_KW` (253 sats/KW)
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pub(crate) struct LowerBoundedFeeEstimator<F: Deref>(pub F) where F::Target: FeeEstimator;
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impl<F: Deref> LowerBoundedFeeEstimator<F> where F::Target: FeeEstimator {
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/// Creates a new `LowerBoundedFeeEstimator` which wraps the provided fee_estimator
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pub fn new(fee_estimator: F) -> Self {
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LowerBoundedFeeEstimator(fee_estimator)
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}
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pub fn get_est_sat_per_1000_weight(&self, confirmation_target: ConfirmationTarget) -> u32 {
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cmp::max(
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self.0.get_est_sat_per_1000_weight(confirmation_target),
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FEERATE_FLOOR_SATS_PER_KW,
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)
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}
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}
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#[cfg(test)]
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mod tests {
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use super::{FEERATE_FLOOR_SATS_PER_KW, LowerBoundedFeeEstimator, ConfirmationTarget, FeeEstimator};
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struct TestFeeEstimator {
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sat_per_kw: u32,
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}
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impl FeeEstimator for TestFeeEstimator {
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fn get_est_sat_per_1000_weight(&self, _: ConfirmationTarget) -> u32 {
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self.sat_per_kw
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}
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}
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#[test]
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fn test_fee_estimator_less_than_floor() {
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let sat_per_kw = FEERATE_FLOOR_SATS_PER_KW - 1;
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let test_fee_estimator = &TestFeeEstimator { sat_per_kw };
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let fee_estimator = LowerBoundedFeeEstimator::new(test_fee_estimator);
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assert_eq!(fee_estimator.get_est_sat_per_1000_weight(ConfirmationTarget::Background), FEERATE_FLOOR_SATS_PER_KW);
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}
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#[test]
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fn test_fee_estimator_greater_than_floor() {
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let sat_per_kw = FEERATE_FLOOR_SATS_PER_KW + 1;
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let test_fee_estimator = &TestFeeEstimator { sat_per_kw };
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let fee_estimator = LowerBoundedFeeEstimator::new(test_fee_estimator);
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assert_eq!(fee_estimator.get_est_sat_per_1000_weight(ConfirmationTarget::Background), sat_per_kw);
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}
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}
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