add extend_launch instruction for admin to extend live launch duration (#445)

* add extend_launch instruction for admin to extend live launch duration

* unify fee recipient into metadao operational multisig vault

* remove incorrect error message

Author: pileks

Anchor.toml

@@ -69,6 +69,7 @@ v07-dump-launches-funding-records = "yarn run tsx scripts/v0.7/dumpLaunchesAndFu
 v07-resize-launches-funding-records = "yarn run tsx scripts/v0.7/resizeLaunchesAndFundingRecords.ts"
 v07-dump-launches = "yarn run tsx scripts/v0.7/dumpLaunches.ts"
 v07-resize-launches = "yarn run tsx scripts/v0.7/resizeLaunches.ts"
+v07-extend-launch = "yarn run tsx scripts/v0.7/extendLaunch.ts"
 
 [test]
 startup_wait = 5000

programs/v07_launchpad/src/error.rs

@@ -64,4 +64,6 @@ pub enum LaunchpadError {
     InvalidDao,
     #[msg("Accumulator activation delay must be less than the launch duration")]
     InvalidAccumulatorActivationDelaySeconds,
+    #[msg("The extend duration would exceed the maximum allowed launch duration")]
+    ExtendDurationExceedsMax,
 }

programs/v07_launchpad/src/events.rs

@@ -125,3 +125,11 @@ pub struct LaunchPerformancePackageInitializedEvent {
     pub launch: Pubkey,
     pub performance_package: Pubkey,
 }
+
+#[event]
+pub struct LaunchExtendedEvent {
+    pub common: CommonFields,
+    pub launch: Pubkey,
+    pub old_seconds_for_launch: u32,
+    pub new_seconds_for_launch: u32,
+}

programs/v07_launchpad/src/instructions/complete_launch.rs

@@ -17,8 +17,9 @@ use crate::error::LaunchpadError;
 use crate::events::{CommonFields, LaunchCloseEvent, LaunchCompletedEvent};
 use crate::state::{Launch, LaunchState};
 use crate::{
-    fee_recipient, PRICE_SCALE, PROPOSAL_MIN_STAKE_TOKENS, TOKENS_TO_DAMM_V2_LIQUIDITY_UNSCALED,
-    TOKENS_TO_FUTARCHY_LIQUIDITY, TOKENS_TO_PARTICIPANTS, TOKEN_SCALE,
+    metadao_multisig_vault, PRICE_SCALE, PROPOSAL_MIN_STAKE_TOKENS,
+    TOKENS_TO_DAMM_V2_LIQUIDITY_UNSCALED, TOKENS_TO_FUTARCHY_LIQUIDITY, TOKENS_TO_PARTICIPANTS,
+    TOKEN_SCALE,
 };
 use anchor_spl::metadata::{
     mpl_token_metadata::ID as MPL_TOKEN_METADATA_PROGRAM_ID, update_metadata_accounts_v2, Metadata,
@@ -213,7 +214,7 @@ pub struct CompleteLaunch<'info> {
     pub bid_wall_quote_token_account: UncheckedAccount<'info>,
 
     /// CHECK: The fee recipient of bid wall fees, a fixed address
-    #[account(address = fee_recipient::id())]
+    #[account(address = metadao_multisig_vault::id())]
     pub fee_recipient: AccountInfo<'info>,
 
     pub system_program: Program<'info, System>,

programs/v07_launchpad/src/instructions/extend_launch.rs

@@ -0,0 +1,69 @@
+use anchor_lang::prelude::*;
+
+use crate::error::LaunchpadError;
+use crate::events::{CommonFields, LaunchExtendedEvent};
+use crate::state::{Launch, LaunchState};
+
+#[cfg(feature = "production")]
+use crate::metadao_multisig_vault;
+
+#[derive(AnchorSerialize, AnchorDeserialize, Clone)]
+pub struct ExtendLaunchArgs {
+    pub duration_seconds: u32,
+}
+
+#[event_cpi]
+#[derive(Accounts)]
+pub struct ExtendLaunch<'info> {
+    #[account(mut)]
+    pub launch: Account<'info, Launch>,
+
+    pub admin: Signer<'info>,
+}
+
+impl ExtendLaunch<'_> {
+    pub fn validate(&self, args: &ExtendLaunchArgs) -> Result<()> {
+        #[cfg(feature = "production")]
+        require_keys_eq!(self.admin.key(), metadao_multisig_vault::ID);
+
+        require!(
+            self.launch.state == LaunchState::Live,
+            LaunchpadError::InvalidLaunchState
+        );
+
+        require_gt!(args.duration_seconds, 0, LaunchpadError::InvalidAmount);
+
+        require!(
+            self.launch
+                .seconds_for_launch
+                .checked_add(args.duration_seconds)
+                .is_some(),
+            LaunchpadError::ExtendDurationExceedsMax
+        );
+
+        Ok(())
+    }
+
+    pub fn handle(ctx: Context<Self>, args: ExtendLaunchArgs) -> Result<()> {
+        let launch = &mut ctx.accounts.launch;
+        let clock = Clock::get()?;
+
+        let old_seconds_for_launch = launch.seconds_for_launch;
+
+        launch.seconds_for_launch = launch
+            .seconds_for_launch
+            .checked_add(args.duration_seconds)
+            .unwrap();
+
+        launch.seq_num += 1;
+
+        emit_cpi!(LaunchExtendedEvent {
+            common: CommonFields::new(&clock, launch.seq_num),
+            launch: launch.key(),
+            old_seconds_for_launch,
+            new_seconds_for_launch: launch.seconds_for_launch,
+        });
+
+        Ok(())
+    }
+}

programs/v07_launchpad/src/instructions/mod.rs

@@ -2,6 +2,7 @@ pub mod claim;
 pub mod claim_additional_token_allocation;
 pub mod close_launch;
 pub mod complete_launch;
+pub mod extend_launch;
 pub mod fund;
 pub mod initialize_launch;
 pub mod initialize_performance_package;
@@ -15,6 +16,7 @@ pub use claim::*;
 pub use claim_additional_token_allocation::*;
 pub use close_launch::*;
 pub use complete_launch::*;
+pub use extend_launch::*;
 pub use fund::*;
 pub use initialize_launch::*;
 pub use initialize_performance_package::*;

programs/v07_launchpad/src/lib.rs

@@ -50,11 +50,10 @@ pub mod usdc_mint {
     declare_id!("EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v");
 }
 
-// TODO - Pileks: Set this to the correct fee recipient address
-pub mod fee_recipient {
+pub mod metadao_multisig_vault {
     use anchor_lang::prelude::declare_id;
 
-    // MetaDAO multisig vault
+    // MetaDAO operations multisig vault
     declare_id!("6awyHMshBGVjJ3ozdSJdyyDE1CTAXUwrpNMaRGMsb4sf");
 }
 
@@ -129,4 +128,9 @@ pub mod launchpad_v7 {
     pub fn resize_launch(ctx: Context<ResizeLaunch>) -> Result<()> {
         ResizeLaunch::handle(ctx)
     }
+
+    #[access_control(ctx.accounts.validate(&args))]
+    pub fn extend_launch(ctx: Context<ExtendLaunch>, args: ExtendLaunchArgs) -> Result<()> {
+        ExtendLaunch::handle(ctx, args)
+    }
 }

scripts/v0.7/extendLaunch.ts

@@ -0,0 +1,118 @@
+import * as anchor from "@coral-xyz/anchor";
+import * as multisig from "@sqds/multisig";
+import {
+  LaunchpadClient,
+  METADAO_MULTISIG_VAULT,
+} from "@metadaoproject/futarchy/v0.7";
+import { PublicKey, Transaction, TransactionMessage } from "@solana/web3.js";
+
+// Set the launch address before running the script
+const launch = new PublicKey("");
+
+// Set the number of seconds to extend the launch by
+const durationSeconds = 60 * 60 * 24; // 1 day
+
+const provider = anchor.AnchorProvider.env();
+
+// Payer MUST be a signer with permissions to propose transactions on MetaDAO's multisig
+const payer = provider.wallet["payer"];
+
+const launchpad: LaunchpadClient = LaunchpadClient.createClient({ provider });
+
+// MetaDAO Squads multisig and vault addresses
+const metadaoSquadsMultisig = new PublicKey(
+  "8N3Tvc6B1wEVKVC6iD4s6eyaCNqX2ovj2xze2q3Q9DWH",
+);
+const metadaoSquadsMultisigVault = METADAO_MULTISIG_VAULT;
+
+export const extendLaunch = async () => {
+  const launchAccount = await launchpad.getLaunch(launch);
+
+  console.log(`Extending launch: ${launch.toBase58()}`);
+  console.log(`Current seconds_for_launch: ${launchAccount.secondsForLaunch}`);
+  console.log(`Extension: ${durationSeconds} seconds`);
+  console.log(
+    `New seconds_for_launch: ${launchAccount.secondsForLaunch + durationSeconds}`,
+  );
+
+  // Build the extend_launch instruction
+  const extendLaunchIx = await launchpad
+    .extendLaunchIx({
+      launch,
+      durationSeconds,
+      admin: metadaoSquadsMultisigVault,
+    })
+    .instruction();
+
+  // Build the transaction message with the multisig vault as payer
+  const transactionMessage = new TransactionMessage({
+    instructions: [extendLaunchIx],
+    payerKey: metadaoSquadsMultisigVault,
+    recentBlockhash: (await provider.connection.getLatestBlockhash()).blockhash,
+  });
+
+  // Log the transaction message as base64
+  const compiledMessage = transactionMessage.compileToLegacyMessage();
+  const base64Message = Buffer.from(compiledMessage.serialize()).toString(
+    "base64",
+  );
+  console.log("\nTransaction message (base64):");
+  console.log(base64Message);
+
+  // TODO: Uncomment this when ready to extend the launch
+  return;
+
+  // Fetch the current multisig state to get the next transaction index
+  const metaDaoSquadsMultisigAccount =
+    await multisig.accounts.Multisig.fromAccountAddress(
+      provider.connection,
+      metadaoSquadsMultisig,
+    );
+
+  const transactionIndex =
+    BigInt(metaDaoSquadsMultisigAccount.transactionIndex.toString()) + 1n;
+
+  // Create vault transaction instruction
+  const vaultTxCreateIx = multisig.instructions.vaultTransactionCreate({
+    multisigPda: metadaoSquadsMultisig,
+    transactionIndex,
+    creator: payer.publicKey,
+    rentPayer: payer.publicKey,
+    vaultIndex: 0,
+    ephemeralSigners: 0,
+    transactionMessage,
+  });
+
+  // Create proposal instruction
+  const proposalCreateIx = multisig.instructions.proposalCreate({
+    multisigPda: metadaoSquadsMultisig,
+    transactionIndex,
+    creator: payer.publicKey,
+    rentPayer: payer.publicKey,
+    isDraft: false,
+  });
+
+  // Build, sign, and send the transaction
+  const tx = new Transaction().add(vaultTxCreateIx, proposalCreateIx);
+  tx.recentBlockhash = (
+    await provider.connection.getLatestBlockhash()
+  ).blockhash;
+  tx.feePayer = payer.publicKey;
+  tx.sign(payer);
+
+  const txHash = await provider.connection.sendRawTransaction(tx.serialize());
+  await provider.connection.confirmTransaction(txHash, "confirmed");
+
+  const [proposalPda] = multisig.getProposalPda({
+    multisigPda: metadaoSquadsMultisig,
+    transactionIndex,
+  });
+
+  console.log("\nVault transaction + proposal created successfully!");
+  console.log("Transaction signature:", txHash);
+  console.log("Proposal index:", transactionIndex.toString());
+  console.log("Proposal PDA:", proposalPda.toBase58());
+  console.log("Go ahead and approve/execute the transaction through Squads.");
+};
+
+extendLaunch().catch(console.error);

sdk/src/v0.7/LaunchpadClient.ts

@@ -715,6 +715,21 @@ export class LaunchpadClient {
     });
   }
 
+  extendLaunchIx({
+    launch,
+    durationSeconds,
+    admin = METADAO_MULTISIG_VAULT,
+  }: {
+    launch: PublicKey;
+    durationSeconds: number;
+    admin?: PublicKey;
+  }) {
+    return this.launchpad.methods.extendLaunch({ durationSeconds }).accounts({
+      launch,
+      admin,
+    });
+  }
+
   getLaunchAddress({ baseMint }: { baseMint: PublicKey }): PublicKey {
     return getLaunchAddr(this.launchpad.programId, baseMint)[0];
   }