DiamondSwap V3 Pool Owner Actions Interface (IDiamondSwapV3PoolOwnerActions)

The DiamondSwap V3 Pool Owner Actions Interface (IDiamondSwapV3PoolOwnerActions) defines the functions that are available to the owner of the pool. These functions allow the owner to perform administrative tasks, such as adjusting protocol fees and collecting protocol fees from the pool. Below is a detailed breakdown of the functions associated with the DiamondSwap V3 Pool Owner Actions Interface.

Functions

setFeeProtocol(uint8 feeProtocol0, uint8 feeProtocol1)

This function allows the owner to set the protocol fee for both tokens in the pool. The protocol fee is a percentage of the swap fees earned by liquidity providers, and it is collected by the protocol as revenue.

• feeProtocol0: The protocol fee for token0, expressed as a percentage of the swap fee. Valid values range from 0 to 6, where 0 means no protocol fee is taken, and 6 means the maximum protocol fee is taken.
• feeProtocol1: The protocol fee for token1, expressed in the same manner as feeProtocol0.

Setting the protocol fee is an important aspect of pool governance, as it determines the revenue that the protocol earns from the liquidity providers' fees.

collectProtocol(address recipient, uint128 amount0Requested, uint128 amount1Requested) → (uint128 amount0, uint128 amount1)

This function allows the owner to collect the protocol fees that have accumulated in the pool. Protocol fees are collected in both tokens of the pair (token0 and token1), and the owner can specify the maximum amount to collect.

• recipient: The address that will receive the collected protocol fees.
• amount0Requested: The maximum amount of token0 to collect as protocol fees.
• amount1Requested: The maximum amount of token1 to collect as protocol fees.

The function returns the actual amounts of tokens (amount0 and amount1) collected, which may be less than the requested amounts if fewer fees are available.

Use Cases

The DiamondSwap V3 Pool Owner Actions Interface is particularly relevant for the following scenarios:

• Protocol Governance: The ability to set protocol fees allows the protocol owner or governance system to adjust the revenue model for the pool, ensuring that the protocol remains sustainable and profitable.
• Fee Collection: Collecting protocol fees is essential for distributing revenue to stakeholders, funding further development, or maintaining the protocol's operations.

Conclusion

The DiamondSwap V3 Pool Owner Actions Interface (IDiamondSwapV3PoolOwnerActions) provides the essential functions needed for pool governance and protocol fee management. By understanding and utilizing these functions, the owner or governance entity can effectively manage the pool's fee structure and revenue collection, ensuring the long-term sustainability of the DiamondSwap protocol. Whether you are involved in protocol governance or managing a pool on behalf of a community, this interface is key to maintaining control over protocol-level operations.