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id | title |
---|---|
tezos-taco-shop-smart-contract | The Taco Shop Smart Contract |
Meet Pedro, our artisan taco chef, who has decided to open a Taco shop on the Tezos blockchain, using a smart contract. He sells two different kinds of tacos: el Clásico and the Especial del Chef.
To help Pedro open his dream taco shop, we will implement a smart contract that will manage supply, pricing & sales of his tacos to the consumers.
Pricing
Pedro's tacos are a rare delicacy, so their price goes up as the stock for the day begins to deplete.
Each taco kind, has its own max_price
that it sells for, and a
finite supply for the current sales lifecycle.
For the sake of simplicity, we will not implement the replenishing of the supply after it has run out.
Daily Offer
kind | id | available_stock | max_price |
---|---|---|---|
Clásico | 1n |
50n |
50tez |
Especial del Chef | 2n |
20n |
75tez |
Calculating the Current Purchase Price
The current purchase price is calculated with the following formula:
current_purchase_price = max_price / available_stock
El Clásico
available_stock | max_price | current_purchase_price |
---|---|---|
50n |
50tez |
1tez |
20n |
50tez |
2.5tez |
5n |
50tez |
10tez |
Especial del chef
available_stock | max_price | current_purchase_price |
---|---|---|
20n |
75tez |
3.75tez |
10n |
75tez |
7.5tez |
5n |
75tez |
15tez |
Installing LIGO
In this tutorial, we will use LIGO's dockerized version, for the sake of simplicity. You can find the installation instructions here.
The best way to install the dockerized LIGO is as a global executable through the installation script, as shown in the screenshot below:
Implementing our First main
Function
From now on we will get a bit more technical. If you run into something we have not covered yet - please try checking out the LIGO cheat sheet for some extra tips & tricks.
To begin implementing our smart contract, we need a main function,
that is the first function being executed. We will call it main
and
it will specify our contract's storage (int
) and input parameter
(int
). Of course this is not the final storage/parameter of our
contract, but it is something to get us started and test our LIGO
installation as well.
taco-shop.ligo
function main (const parameter : int; const contractStorage : int) :
list (operation) * int is
((nil : list (operation)), contractStorage + parameter)
Let us break down the contract above to make sure we understand each bit of the LIGO syntax:
function main
- definition of the main function, which takes a the parameter of the contract and the storage(const parameter : int; const contractStorage : int)
- parameters passed to the function: the first is calledparameter
because it denotes the parameter of a specific invocation of the contract, the second is the storage(list (operation) * int)
- return type of our function, in our case a tuple with a list of operations, and anint
(new value for the storage after a succesful run of the contract)((nil : list (operation)), contractStorage + parameter)
- essentially a return statement(nil : list (operation))
- anil
value annotated as a list of operations, because that is required by our return type specified abovecontractStorage + parameter
- a new storage value for our contract, sum of previous storage and a transaction parameter
Running LIGO for the First Time
To test that we have installed LIGO correctly, and that
taco-shop.ligo
is a valid contract, we will dry-run it.
Dry-running is a simulated execution of the smart contract, based on a mock storage value and a parameter.
Our contract has a storage of int
and accepts a parameter that is
also an int
.
The dry-run
command requires a few parameters:
- contract (file path)
- entrypoint (name of the main function in the contract)
- parameter (parameter to execute our contract with)
- storage (starting storage before our contract's code is executed)
It outputs what is returned from our main function: in our case a tuple containing an empty list (of operations to apply) and the new storage value, which, in our case, is the sum of the previous storage and the parameter we have used for the invocation.
# Contract: taco-shop.ligo
# Main function: main
# Parameter: 4
# Storage: 3
ligo dry-run taco-shop.ligo --syntax pascaligo main 4 3
# tuple[ list[]
# 7
# ]
3 + 4 = 7
yay! Our CLI & contract work as expected, we can move onto fulfilling Pedro's on-chain dream.
Designing the Taco Shop's Contract Storage
We know that Pedro's Taco Shop serves two kinds of tacos, so we will
need to manage stock individually, per kind. Let us define a type,
that will keep the stock
& max_price
per kind in a record with two
fields. Additionally, we will want to combine our taco_supply
type
into a map, consisting of the entire offer of Pedro's shop.
Taco shop's storage
type taco_supply is record [
current_stock : nat;
max_price : tez
]
type taco_shop_storage is map (nat, taco_supply)
Next step is to update the main
function to include
taco_shop_storage
in its storage. In the meanwhile, let us set the
parameter
to unit
as well to clear things up.
taco-shop.ligo
type taco_supply is record [
current_stock : nat;
max_price : tez
]
type taco_shop_storage is map (nat, taco_supply)
type return is list (operation) * taco_shop_storage
function main (const parameter : unit; const taco_shop_storage : taco_shop_storage) : return is
((nil : list (operation)), taco_shop_storage)
Populating our Storage in a dry-run
When dry-running a contract, it is crucial to provide a correct
initial storage value. In our case the storage is type-checked as
taco_shop_storage
. Reflecting
Pedro's daily offer,
our storage's value will be defined as follows:
Storage value
map [
1n -> record [
current_stock = 50n;
max_price = 50tez
];
2n -> record [
current_stock = 20n;
max_price = 75tez
]
]
The storage value is a map with two bindings (entries) distinguished by their keys
1n
and2n
.
Dry run command with a multi-line storage value
ligo dry-run taco-shop.ligo --syntax pascaligo main unit "map [
1n -> record [
current_stock = 50n;
max_price = 50tez
];
2n -> record [
current_stock = 20n;
max_price = 75tez
]
]"
If everything went as expected, the dry-run
command will return an
empty list of operations and the contract's current storage, which is
the map of the products we have defined based on the daily offer of
Pedro's taco shop.
Providing another Access Function for Buying Tacos
Now that we have our stock well defined in form of storage, we can
move on to the actual sales. The main
function will take a key id
from our taco_shop_storage
map and will be renamed buy_taco
for
more readability. This will allow us to calculate pricing, and if the
sale is successful, we will be able to reduce our stock because we
have sold a taco!
Selling the Tacos for Free
Let is start by customizing our contract a bit, we will:
- rename
parameter
totaco_kind_index
- change
taco_shop_storage
to avar
instead of aconst
, because we will want to modify it
taco-shop.ligo
type taco_supply is record [
current_stock : nat;
max_price : tez
]
type taco_shop_storage is map (nat, taco_supply)
type return is list (operation) * taco_shop_storage
function buy_taco (const taco_kind_index : nat; var taco_shop_storage : taco_shop_storage) : return is
((nil : list (operation)), taco_shop_storage)
Decreasing current_stock
when a Taco is Sold
In order to decrease the stock in our contract's storage for a specific taco kind, a few things needs to happen:
- retrieve the
taco_kind
from our storage, based on thetaco_kind_index
provided; - subtract the
taco_kind.current_stock
by1n
; - we can find the absolute value of the subtraction above by
calling
abs
(otherwise we would be left with anint
); - update the storage, and return it.
taco-shop.ligo
type taco_supply is record [
current_stock : nat;
max_price : tez
]
type taco_shop_storage is map (nat, taco_supply)
type return is list (operation) * taco_shop_storage
function buy_taco (const taco_kind_index : nat; var taco_shop_storage : taco_shop_storage) : return is
block {
// Retrieve the taco_kind from the contract's storage or fail
const taco_kind : taco_supply =
case taco_shop_storage[taco_kind_index] of
Some (kind) -> kind
| None -> (failwith ("Unknown kind of taco.") : taco_supply)
end;
// Decrease the stock by 1n, because we have just sold one
taco_kind.current_stock := abs (taco_kind.current_stock - 1n);
// Update the storage with the refreshed taco_kind
taco_shop_storage[taco_kind_index] := taco_kind
} with ((nil : list (operation)), taco_shop_storage)
Making Sure We Get Paid for Our Tacos
In order to make Pedro's taco shop profitable, he needs to stop giving
away tacos for free. When a contract is invoked via a transaction, an
amount of tezzies to be sent can be specified as well. This amount is
accessible within LIGO as amount
.
To make sure we get paid, we will:
- calculate a
current_purchase_price
based on the equation specified earlier - check if the sent
amount
matches thecurrent_purchase_price
:- if not, then our contract will fail (
failwith
) - otherwise, stock for the given
taco_kind
will be decreased and the payment accepted
- if not, then our contract will fail (
taco-shop.ligo
type taco_supply is record [
current_stock : nat;
max_price : tez
]
type taco_shop_storage is map (nat, taco_supply)
type return is list (operation) * taco_shop_storage
function buy_taco (const taco_kind_index : nat ; var taco_shop_storage : taco_shop_storage) : return is
block {
// Retrieve the taco_kind from the contract's storage or fail
const taco_kind : taco_supply =
case taco_shop_storage[taco_kind_index] of
Some (kind) -> kind
| None -> (failwith ("Unknown kind of taco.") : taco_supply)
end;
const current_purchase_price : tez =
taco_kind.max_price / taco_kind.current_stock;
if amount =/= current_purchase_price then
// We won't sell tacos if the amount is not correct
failwith ("Sorry, the taco you are trying to purchase has a different price");
else skip;
// Decrease the stock by 1n, because we have just sold one
taco_kind.current_stock := abs (taco_kind.current_stock - 1n);
// Update the storage with the refreshed taco_kind
taco_shop_storage[taco_kind_index] := taco_kind
} with ((nil : list (operation)), taco_shop_storage)
In order to test the amount
sent, we will use the --amount
option
of dry-run
:
ligo dry-run taco-shop.ligo --syntax pascaligo --amount 1 buy_taco 1n "map [
1n -> record [
current_stock = 50n;
max_price = 50tez
];
2n -> record [
current_stock = 20n;
max_price = 75tez
]
]"
** Purchasing a Taco with 1tez **
Attempting to Purchase a Taco with 0.7tez
That's it - Pedro can now sell tacos on-chain, thanks to Tezos & LIGO.
💰 Bonus: Accepting Tips above the Taco Purchase Price
If you would like to accept tips in your contract, simply change the following line, depending on your preference.
Without tips
if amount =/= current_purchase_price then
With tips
if amount >= current_purchase_price then