What to test?

Can't think of any tests? Maybe one of these will spark some inspiration!

Ante Tests are single-failure tests of on-chain guarantees.

Here are some ideas for tests:

• "Rug" test – check that contract-controlled assets are not drained

• Plunge protection test – check that contract assets do not drop below some threshold

• Peg test – check to see that two pegged assets stay pegged in price

  • Note: in order to avoid flash loan manipulation of the Ante Test, this should be implemented against time-weighted average prices (TWAP) rather than spot prices

• Solvency test – Collateral asset value exceeds liabilities by some factor

• Token vesting test — check that tokens are vested following the publicized schedule

• Bonding curve test – check that the bonding curve calculation (e.g. x*y=k) holds for an automated market maker (AMM) protocol

• APY guarantee test – check that actual rewards issued by a contract over a given time period exceeds the APY rate advertised by the protocol

• DAO implementation test – check that a proposal passed by a DAO was actually implemented

  • Checking outcomes can be tricky given the complexity and heterogeneity of outcomes. Defining a narrow test can help manage some of the complexity

  • Alternatively, this can be made generalized by having the DAO vote again on their satisfaction with the implementation outcome and having the Ante Test check the vote result

• Access test – check that funds can be withdrawn from contract in an expected manner

• Market cap test – check that the total value of contract assets exceeds some threshold

• Volume test – check that at least X unique wallets/transactions/etc. use a given protocol over a given time period

These are just some of the many possible Ante Tests that could be written. Happy writing!

Have an idea for a test? We'd love to hear about it! Message us on Twitter/Discord or drop us a line at [e-mail]!