Overview

A Router is a contract that handles the main trading logic for strategy. Routers are agnostic to which strategy uses them, and Router contracts are deployed per-trading algorithm rather than per-strategy. Several functions in the Strategy contract take a Router address as a parameter, allowing the end-user to select a particular Router for a particular use-case. During a transaction, a Router is given complete control over a strategy's assets and, as such, they must be whitelisted to reduce risks from malicious contracts that may implement the IStrategyRouter interface.

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Whitelist

The StrategyProxyFactory contract holds the address of the platform's current Whitelist contract. Anytime a contract attempts to interact with a router, it first must lookup the Whitelist contract and check whether the address has been approved. The whitelist is managed by Enso Finance and the community.

Rebalance

The rebalance() function of the router gets called by the rebalance() function of the StrategyController. Different routers may implement this function in different ways depending on their trading strategy.

Deposit

The deposit() function takes WETH from the StrategyController contract and trades it for the strategy's underlying assets.

Withdraw

The withdraw() function trades a percentage of the underlying assets for WETH and sends it to the StrategyController contract.

Delegate Swap

To reduce the need for transferring tokens from the strategy to the controller, and then approving tokens for use on an exchange adapter, all routers implement the _delegateSwap() function. This function does a delegate call to a adapter's swap() function, so that a router can simply implement an adapter's logic without having to send any funds to the adapter contract itself.