Deposit and withdrawal for off-chain accounts
To deposit ETH, call the payable function
deposit, which takes the amount through
To deposit ERC-20, ERC-721, or ERC-1155 to StarkEx, use the following functions:
approvalon the ERC-20, ERC-721, or ERC-1155 contract, authorizing StarkEx to transfer funds on behalf of the user.
deposit(ETH, ERC-20) or
depositWithTokenId(ERC-721, ERC-1155) on the StarkEx contract, with the following parameters:
quantizedAmountand to send the deposit.
The result of the operation, assuming all requirements are met, is that the amount of ETH, ERC-20, ERC-721, or ERC-1155 tokens, specified in the
deposit call and multiplied by the quantization factor, is transferred on behalf of the user to the contract.
In addition, the contract adds the funds to an accumulator of pending deposits for the provided
starkKey can belong to the user that called
deposit or to a different user. When this happens, the event
LogDeposit is emitted.
To inspect the funds in the Pending Deposits area, call
getQuantizedDepositBalance. Both of these functions get
vaultId and return the pending amount of funds that correspond to the input parameters. These funds are pending deposit to the vault
vaultId belonging to the user that owns the specified
starkKey. Be aware that if there are several pending deposits with the same parameters, these functions return the accumulated value.
In order to remove funds from the Pending Deposits area, the application needs to include the removal of funds in a proof, which results in the addition of the amount deposited to the specified vault. When the contract receives a valid proof, it deducts the transferred funds from the pending deposits for the specified
Until that point, the user can cancel the deposit by performing a time-locked cancel-deposit operation that consists of calls to the following functions:
depositCancel: Sets a timer. When the timer expires, the user can reclaim the deposit. Before the timer expires, the user cannot reclaim funds because the application might be processing the deposit to include in the off-chain vault. Only the recipient of the funds can call
depositCancel. When this function completes, it emits the event
depositReclaim: Transfers funds from the contract back to the on-chain user account. This transfer only succeeds if the timer set by
depositCancelhas expired. This operation results in a transfer of all pending funds, that is, funds not accounted for in proofs for off-chain inclusion, back to the user account on the ERC-20, ERC-721, or ERC-1155 contract, or on their ETH balance. When this function completes, it emits the event
The operator must monitor cancellation requests, either by checking the request state with the
The operator should never service a deposit for which a cancellation request event has been issued. Servicing such a request can cause a batch to fail, depending on the timing of the cancellation.
However, if the operator fails to implement this correctly, user funds are never at risk. Either a
For information on alternative transaction requests, see request for an alternative transaction
If according to the off-chain state, the
starkKey specified in the deposit request do not match each other, this deposit is not valid and cannot be included in a proof. The funds remain in the deposit area. However, the funds can still be reclaimed to the address,
ethereumAddress, that deposited them by using
depositReclaim. The user that owns the
starkKey in the original
deposit function call must call these functions.
Register and deposit
The following functions are wrappers around
deposit. You can call these functions to add a user to StarkEx:
StarkEx for Perpetual Trading: These functions creates a mapping between the user’s
starkKey and the user’s
ethereumAddress and deposits funds in the same transaction.
StarkEx for Spot Trading: These functions are equivalent to
deposit. These functions still exist for backwards-compatibility.
Withdrawing funds from the StarkEx contract
You can withdraw funds once they are in the on-chain contract. The following types of withdrawals relate to different asset types in the system:
Assets that were minted off-chain
The procedures for withdrawing these asset types vary slightly.
Funds become available for an on-chain withdrawal
When a new state update is submitted on-chain, it may contain off-chain withdrawal transactions (see Withdrawal ). This transaction results in an addition of the withdrawn amount to the on-chain pending withdrawals area, specifically under the vault owner’s
starkKey and the appropriate
assetType. At the same time, this amount is also deducted from the off-chain vault.
When this happens, an event is emitted, with the following parameters:
assetType and the (non-accumulative)
quantizedAmount and unquantized amount as parameters. The event is of type
LogNftWithdrawalAllowed for ERC-20, ETH, ERC-721, and off-chain minted asset respectively.
After this step, the funds can be viewed with the function
getWithdrawalBalance that gets the
assetId as input. Note that the funds are still at the StarkEx contract.
On-chain calls to extract assets from the StarkEx contract
Anyone can send a transaction to withdraw funds to L1.
To withdraw to on-chain, use one of these functions:
withdrawWithTokenIdfor ERC-721 or ERC-1155
withdrawAndMintfor assets minted off-chain
The parameters for these functions are as follows:
assetTypefor all assets
mintingblobfor assets minted off-chain.
ownerKey is either a
starkKey or an Ethereum address. If it is a
starkKey, it needs to be registered on the StarkEx contract. For information on registering the
After a withdrawal takes place, one of the following events is emitted as a notification that a withdrawal has occurred:
For ERC-20/ETH withdrawal, the event
LogWithdrawalPerformedis emitted, with the parameters of the relevant
recipientEthereum address, the
quantizedAmountand unquantized amounts.
For ERC-721 withdrawal, the event
LogNftWithdrawalPerformedis emitted, with the parameters of the relevant
recipientEthereum address, the
For off-chain minted assets, the event
LogMintWithdrawalPerformedis emitted, with the parameters of the relevant
recipientEthereum address, the
quantizedAmount, unquantized amounts and
The result of the operation, assuming all requirements are met, is that an amount of assets in the pending withdrawal account, (times the quantization factor for ERC-20/ETH) , is transferred to the corresponding account of the recipient.
It is possible to perform multiple withdrawals from off-chain vaults, and withdraw the entire amount using only one withdraw call to the on-chain contract, as long as the withdrawals are of the same
starkKey or an Ethereum address.
A withdrawal request cannot be canceled. Once funds reach the pending withdrawals account on-chain, they cannot be moved back into an off-chain vault before completion of the withdrawal to the corresponding account of the user.
Assets that are already on-chain can still be reclaimed even when the contract is Frozen by calling the relevant withdraw function from the following: