FA 1.2

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FA 1.2
Fungible token for Tezos
FA 1.2 is the fungible token specification for Tezos :
Getting started with FA1.2 · Digital Assets on Tezos
Below is the archetype implementation:
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archetype fa12
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​
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constant totalsupply : nat = 10_000_000
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​
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asset allowance identified by addr_owner addr_spender to big_map {
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  addr_owner       : address;
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  addr_spender     : address;
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  amount           : nat;
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}
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​
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asset ledger identified by holder to big_map {
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  holder     : address;
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  tokens     : nat = 0;
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} initialized by {
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  { holder = caller; tokens = totalsupply }
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}
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​
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entry %transfer (%from : address, %to : address, value : nat) {
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  require {
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    r1 otherwise "NotEnoughBalance" : ledger[%from].tokens >= value;
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  }
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  effect {
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    if caller <> %from then (
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      var current = allowance[(%from, caller)].amount;
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      dofailif(current < value, ("NotEnoughAllowance", ((value, current))));
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      allowance.update((%from, caller), { amount -=  value });
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    );
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    ledger.update(%from, { tokens -= value });
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    ledger.addupdate(%to, { tokens += value });
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  }
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}
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​
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entry approve(spender : address, value : nat) {
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  var k = (caller, spender);
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  if allowance.contains(k) then (
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    var previous = allowance[k].amount;
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    dofailif(previous > 0 and value > 0, (("UnsafeAllowanceChange", previous)));
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  );
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  allowance.addupdate( k, { amount = value });
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}
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​
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getter getAllowance (owner : address, spender : address) : nat {
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  return (allowance[(owner, spender)].amount)
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}
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​
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getter getBalance (owner : address) : nat {
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  return (if (ledger.contains(owner)) then ledger[owner].tokens else 0)
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}
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​
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getter getTotalSupply () : nat {
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  return totalsupply
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}
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​
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///////////////////////////////////////////////////////////////////////////////
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// SPECIFICATION
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///////////////////////////////////////////////////////////////////////////////
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​
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specification {
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  s1: ledger.sum(tokens) = totalsupply;
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}
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​
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specification entry %transfer (%from : address, %to : address, value : nat) {
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  fails {
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    f0 with (msg : string) :
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      let some after_ledger_from = ledger[%from] in
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        msg = "NotEnoughBalance" and
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        after_ledger_from.tokens < value
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      otherwise true;
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    f1 with (msg : string * (nat * nat)) :
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      let some after_allowance_from_caller = allowance[(%from,caller)] in
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        msg = ("NotEnoughAllowance", ((value, after_allowance_from_caller.amount))) and
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        caller <> %from and
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        after_allowance_from_caller.amount < value
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      otherwise false;
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  }
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  // LEDGER ASSET
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  postcondition transfer_p1 { // effect on %from nbtokens
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    %from <> %to ->
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    let some before_ledger_from = before.ledger[%from] in
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    let some after_ledger_from  = ledger[%from] in
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    after_ledger_from = { before_ledger_from with
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      tokens = abs (before_ledger_from.tokens - value)
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    }
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    otherwise false otherwise false
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  }
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  postcondition transfer_p2 { // effect on %to nbtokens
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    %from <> %to ->
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    let some after_ledger_to = ledger[%to] in
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    let some before_ledger_to = before.ledger[%to] in
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      after_ledger_to = { before_ledger_to with
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        tokens = (before_ledger_to.tokens + value)
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      }
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    otherwise
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      after_ledger_to = { holder = %to; tokens = value }
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    otherwise false // %to ledger asset exists after transfer
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  }
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  postcondition transfer_p3 {
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    %from = %to -> ledger = before.ledger
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  }
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  postcondition transfer_p4 { // other ledger assets are unchanged
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    forall tokenholder in ledger,
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      tokenholder.holder <> %from ->
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      tokenholder.holder <> %to ->
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      before.ledger[tokenholder.holder] = some(tokenholder)
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  }
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  postcondition transfer_p5 { // no ledger asset is removed
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    removed.ledger.isempty()
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  }
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  postcondition transfer_p6 { // number of added asset may be one
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    let some before_to = before.ledger[%to] in
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      added.ledger.isempty()
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    otherwise
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      added.ledger = [ { holder = %to; tokens = value } ]
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  }
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  // ALLOWANCE ASSET
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  postcondition transfer_p7 { // effect on allowance
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    caller <> %from ->
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    let some before_from_caller = before.allowance[(%from,caller)] in
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    let some after_from_caller = allowance[(%from,caller)] in
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      before_from_caller.amount > value ->
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      after_from_caller = { before_from_caller with
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        amount = abs (before_from_caller.amount - value)
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      }
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    otherwise false
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    otherwise true
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  }
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  postcondition transfer_p8 { // effect on allowance
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    caller = %from -> allowance = before.allowance
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  }
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  postcondition transfer_p9 { // other allowance assets are unchanged
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    forall a in allowance,
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      a.addr_owner <> %from and a.addr_spender <> caller ->
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      before.allowance[(a.addr_owner, a.addr_spender)] = some(a)
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  }
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  postcondition transfer_p10 { // no allowance is added or removed
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    removed.allowance.isempty() and added.allowance.isempty()
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  }
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​
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  postcondition transfer_p11 { // no operation generated
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    length (operations) = 0
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  }
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}
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​
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specification entry approve(spender : address, value : nat) {
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  fails {
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    f2 with (msg : (string * nat)) :
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      let some allowance_caller_spender = allowance[(caller, spender)] in
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        msg = ("UnsafeAllowanceChange", allowance_caller_spender.amount) and
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        value > 0 and
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        allowance_caller_spender.amount > 0
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      otherwise false;
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  }
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  postcondition approve_p1 { // effect on allowance asset
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    let some after_allowance_caller_spender = allowance[(caller,spender)] in
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    let some before_allowance_caller_spender = before.allowance[(caller,spender)] in
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      after_allowance_caller_spender = { before_allowance_caller_spender with
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        amount = value
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      }
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    otherwise
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      after_allowance_caller_spender = { addr_owner = caller; addr_spender = spender; amount = value }
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    otherwise false
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  }
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​
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  postcondition approve_p2 { // other allowance assets are unchanged
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    forall a in allowance,
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      (a.addr_owner, a.addr_spender) <> (caller, spender) ->
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      before.allowance[(a.addr_owner, a.addr_spender)] = some(a)
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  }
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​
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  postcondition approve_p3 { // added allowance
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    let some allowance_caller_spender = before.allowance[(caller, spender)] in
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      added.allowance.isempty()
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    otherwise
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      added.allowance = [ { addr_owner = caller; addr_spender = spender; amount = value } ]
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  }
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​
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  postcondition approve_p4 { // no allowance asset is removed
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    removed.allowance.isempty()
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  }
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​
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  postcondition approve_p5 {
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    ledger = before.ledger
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  }
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​
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  postcondition approve_p6 { // no operation generated
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    length (operations) = 0
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  }
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}
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​
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specification getter getAllowance (owner : address, spender : address) {
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  postcondition getallowance_p1 { // creates one op
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    length (operations) = 1
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  }
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  postcondition getallowance_p2 { // assets are unchanged
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    ledger = before.ledger and allowance = before.allowance
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  }
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}
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​
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specification getter getBalance (owner : address) {
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  postcondition getbalance_p1 { // creates one op
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    length (operations) = 1
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  }
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  postcondition getbalance_p2 { // assets are unchanged
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    ledger = before.ledger and allowance = before.allowance
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  }
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}
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​
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specification getter getTotalSupply () {
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  postcondition gettotalsupply_p1 { // creates one op
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    length (operations) = 1
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  }
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  postcondition gettotalsupply_p2 { // assets are unchanged
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    ledger = before.ledger and allowance = before.allowance
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  }
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}
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​
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​
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Digital Assets
Formal properties
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