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Comptroller.sol
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Comptroller.sol
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// SPDX-License-Identifier: BSD-3-Clause
pragma solidity 0.8.17;
import "./MToken.sol";
import "./ErrorReporter.sol";
import "./Oracles/PriceOracle.sol";
import "./ComptrollerInterface.sol";
import "./ComptrollerStorage.sol";
import "./Unitroller.sol";
/**
* @title Moonwell's Comptroller Contract
* @author Moonwell
*/
contract Comptroller is ComptrollerV2Storage, ComptrollerInterface, ComptrollerErrorReporter, ExponentialNoError {
/// @notice Emitted when an admin supports a market
event MarketListed(MToken mToken);
/// @notice Emitted when an account enters a market
event MarketEntered(MToken mToken, address account);
/// @notice Emitted when an account exits a market
event MarketExited(MToken mToken, address account);
/// @notice Emitted when close factor is changed by admin
event NewCloseFactor(uint oldCloseFactorMantissa, uint newCloseFactorMantissa);
/// @notice Emitted when a collateral factor is changed by admin
event NewCollateralFactor(MToken mToken, uint oldCollateralFactorMantissa, uint newCollateralFactorMantissa);
/// @notice Emitted when liquidation incentive is changed by admin
event NewLiquidationIncentive(uint oldLiquidationIncentiveMantissa, uint newLiquidationIncentiveMantissa);
/// @notice Emitted when price oracle is changed
event NewPriceOracle(PriceOracle oldPriceOracle, PriceOracle newPriceOracle);
/// @notice Emitted when pause guardian is changed
event NewPauseGuardian(address oldPauseGuardian, address newPauseGuardian);
/// @notice Emitted when an action is paused globally
event ActionPaused(string action, bool pauseState);
/// @notice Emitted when an action is paused on a market
event ActionPaused(MToken mToken, string action, bool pauseState);
/// @notice Emitted when borrow cap for a mToken is changed
event NewBorrowCap(MToken indexed mToken, uint newBorrowCap);
/// @notice Emitted when borrow cap guardian is changed
event NewBorrowCapGuardian(address oldBorrowCapGuardian, address newBorrowCapGuardian);
/// @notice Emitted when supply cap for a mToken is changed
event NewSupplyCap(MToken indexed mToken, uint newSupplyCap);
/// @notice Emitted when supply cap guardian is changed
event NewSupplyCapGuardian(address oldSupplyCapGuardian, address newSupplyCapGuardian);
/// @notice Emitted when reward distributor is changed
event NewRewardDistributor(MultiRewardDistributor oldRewardDistributor, MultiRewardDistributor newRewardDistributor);
// closeFactorMantissa must be strictly greater than this value
uint internal constant closeFactorMinMantissa = 0.05e18; // 0.05
// closeFactorMantissa must not exceed this value
uint internal constant closeFactorMaxMantissa = 0.9e18; // 0.9
// No collateralFactorMantissa may exceed this value
uint internal constant collateralFactorMaxMantissa = 0.9e18; // 0.9
constructor() {
admin = msg.sender;
}
/*** Assets You Are In ***/
/**
* @notice Returns the assets an account has entered
* @param account The address of the account to pull assets for
* @return A dynamic list with the assets the account has entered
*/
function getAssetsIn(address account) external view returns (MToken[] memory) {
MToken[] memory assetsIn = accountAssets[account];
return assetsIn;
}
/**
* @notice Returns whether the given account is entered in the given asset
* @param account The address of the account to check
* @param mToken The mToken to check
* @return True if the account is in the asset, otherwise false.
*/
function checkMembership(address account, MToken mToken) external view returns (bool) {
return markets[address(mToken)].accountMembership[account];
}
/**
* @notice Add assets to be included in account liquidity calculation
* @param mTokens The list of addresses of the mToken markets to be enabled
* @return Success indicator for whether each corresponding market was entered
*/
function enterMarkets(address[] memory mTokens) override public returns (uint[] memory) {
uint len = mTokens.length;
uint[] memory results = new uint[](len);
for (uint i = 0; i < len; i++) {
MToken mToken = MToken(mTokens[i]);
results[i] = uint(addToMarketInternal(mToken, msg.sender));
}
return results;
}
/**
* @notice Add the market to the borrower's "assets in" for liquidity calculations
* @param mToken The market to enter
* @param borrower The address of the account to modify
* @return Success indicator for whether the market was entered
*/
function addToMarketInternal(MToken mToken, address borrower) internal returns (Error) {
Market storage marketToJoin = markets[address(mToken)];
if (!marketToJoin.isListed) {
// market is not listed, cannot join
return Error.MARKET_NOT_LISTED;
}
if (marketToJoin.accountMembership[borrower] == true) {
// already joined
return Error.NO_ERROR;
}
// survived the gauntlet, add to list
// NOTE: we store these somewhat redundantly as a significant optimization
// this avoids having to iterate through the list for the most common use cases
// that is, only when we need to perform liquidity checks
// and not whenever we want to check if an account is in a particular market
marketToJoin.accountMembership[borrower] = true;
accountAssets[borrower].push(mToken);
emit MarketEntered(mToken, borrower);
return Error.NO_ERROR;
}
/**
* @notice Removes asset from sender's account liquidity calculation
* @dev Sender must not have an outstanding borrow balance in the asset,
* or be providing necessary collateral for an outstanding borrow.
* @param mTokenAddress The address of the asset to be removed
* @return Whether or not the account successfully exited the market
*/
function exitMarket(address mTokenAddress) override external returns (uint) {
MToken mToken = MToken(mTokenAddress);
/* Get sender tokensHeld and amountOwed underlying from the mToken */
(uint oErr, uint tokensHeld, uint amountOwed, ) = mToken.getAccountSnapshot(msg.sender);
require(oErr == 0, "exitMarket: getAccountSnapshot failed"); // semi-opaque error code
/* Fail if the sender has a borrow balance */
if (amountOwed != 0) {
return fail(Error.NONZERO_BORROW_BALANCE, FailureInfo.EXIT_MARKET_BALANCE_OWED);
}
/* Fail if the sender is not permitted to redeem all of their tokens */
uint allowed = redeemAllowedInternal(mTokenAddress, msg.sender, tokensHeld);
if (allowed != 0) {
return failOpaque(Error.REJECTION, FailureInfo.EXIT_MARKET_REJECTION, allowed);
}
Market storage marketToExit = markets[address(mToken)];
/* Return true if the sender is not already ‘in’ the market */
if (!marketToExit.accountMembership[msg.sender]) {
return uint(Error.NO_ERROR);
}
/* Set mToken account membership to false */
delete marketToExit.accountMembership[msg.sender];
/* Delete mToken from the account’s list of assets */
// load into memory for faster iteration
MToken[] memory userAssetList = accountAssets[msg.sender];
uint len = userAssetList.length;
uint assetIndex = len;
for (uint i = 0; i < len; i++) {
if (userAssetList[i] == mToken) {
assetIndex = i;
break;
}
}
// We *must* have found the asset in the list or our redundant data structure is broken
assert(assetIndex < len);
// copy last item in list to location of item to be removed, reduce length by 1
MToken[] storage storedList = accountAssets[msg.sender];
storedList[assetIndex] = storedList[storedList.length - 1];
storedList.pop();
emit MarketExited(mToken, msg.sender);
return uint(Error.NO_ERROR);
}
/*** Policy Hooks ***/
/**
* @notice Checks if the account should be allowed to mint tokens in the given market
* @param mToken The market to verify the mint against
* @param minter The account which would get the minted tokens
* @param mintAmount The amount of underlying being supplied to the market in exchange for tokens
* @return 0 if the mint is allowed, otherwise a semi-opaque error code (See ErrorReporter.sol)
*/
function mintAllowed(address mToken, address minter, uint mintAmount) override external returns (uint) {
// Pausing is a very serious situation - we revert to sound the alarms
require(!mintGuardianPaused[mToken], "mint is paused");
// Shh - currently unused
mintAmount;
if (!markets[mToken].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
uint supplyCap = supplyCaps[mToken];
// Supply cap of 0 corresponds to unlimited supplying
if (supplyCap != 0) {
uint totalCash = MToken(mToken).getCash();
uint totalBorrows = MToken(mToken).totalBorrows();
uint totalReserves = MToken(mToken).totalReserves();
// totalSupplies = totalCash + totalBorrows - totalReserves
uint totalSupplies = sub_(add_(totalCash, totalBorrows), totalReserves);
uint nextTotalSupplies = add_(totalSupplies, mintAmount);
require(nextTotalSupplies < supplyCap, "market supply cap reached");
}
// Keep the flywheel moving
updateAndDistributeSupplierRewardsForToken(mToken, minter);
return uint(Error.NO_ERROR);
}
/**
* @notice Checks if the account should be allowed to redeem tokens in the given market
* @param mToken The market to verify the redeem against
* @param redeemer The account which would redeem the tokens
* @param redeemTokens The number of mTokens to exchange for the underlying asset in the market
* @return 0 if the redeem is allowed, otherwise a semi-opaque error code (See ErrorReporter.sol)
*/
function redeemAllowed(address mToken, address redeemer, uint redeemTokens) override external returns (uint) {
uint allowed = redeemAllowedInternal(mToken, redeemer, redeemTokens);
if (allowed != uint(Error.NO_ERROR)) {
return allowed;
}
// Keep the flywheel moving
updateAndDistributeSupplierRewardsForToken(mToken, redeemer);
return uint(Error.NO_ERROR);
}
function redeemAllowedInternal(address mToken, address redeemer, uint redeemTokens) internal view returns (uint) {
if (!markets[mToken].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
/* If the redeemer is not 'in' the market, then we can bypass the liquidity check */
if (!markets[mToken].accountMembership[redeemer]) {
return uint(Error.NO_ERROR);
}
/* Otherwise, perform a hypothetical liquidity check to guard against shortfall */
(Error err, , uint shortfall) = getHypotheticalAccountLiquidityInternal(redeemer, MToken(mToken), redeemTokens, 0);
if (err != Error.NO_ERROR) {
return uint(err);
}
if (shortfall > 0) {
return uint(Error.INSUFFICIENT_LIQUIDITY);
}
return uint(Error.NO_ERROR);
}
/**
* @notice Validates redeem and reverts on rejection. May emit logs.
* @param mToken Asset being redeemed
* @param redeemer The address redeeming the tokens
* @param redeemAmount The amount of the underlying asset being redeemed
* @param redeemTokens The number of tokens being redeemed
*/
function redeemVerify(address mToken, address redeemer, uint redeemAmount, uint redeemTokens) override pure external {
// Shh - currently unused
mToken;
redeemer;
// Require tokens is zero or amount is also zero
if (redeemTokens == 0 && redeemAmount > 0) {
revert("redeemTokens zero");
}
}
/**
* @notice Checks if the account should be allowed to borrow the underlying asset of the given market
* @param mToken The market to verify the borrow against
* @param borrower The account which would borrow the asset
* @param borrowAmount The amount of underlying the account would borrow
* @return 0 if the borrow is allowed, otherwise a semi-opaque error code (See ErrorReporter.sol)
*/
function borrowAllowed(address mToken, address borrower, uint borrowAmount) override external returns (uint) {
// Pausing is a very serious situation - we revert to sound the alarms
require(!borrowGuardianPaused[mToken], "borrow is paused");
if (!markets[mToken].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
if (!markets[mToken].accountMembership[borrower]) {
// only mTokens may call borrowAllowed if borrower not in market
require(msg.sender == mToken, "sender must be mToken");
// attempt to add borrower to the market
Error addToMarketErr = addToMarketInternal(MToken(msg.sender), borrower);
if (addToMarketErr != Error.NO_ERROR) {
return uint(addToMarketErr);
}
// it should be impossible to break the important invariant
assert(markets[mToken].accountMembership[borrower]);
}
if (oracle.getUnderlyingPrice(MToken(mToken)) == 0) {
return uint(Error.PRICE_ERROR);
}
uint borrowCap = borrowCaps[mToken];
// Borrow cap of 0 corresponds to unlimited borrowing
if (borrowCap != 0) {
uint totalBorrows = MToken(mToken).totalBorrows();
uint nextTotalBorrows = add_(totalBorrows, borrowAmount);
require(nextTotalBorrows < borrowCap, "market borrow cap reached");
}
(Error err, , uint shortfall) = getHypotheticalAccountLiquidityInternal(borrower, MToken(mToken), 0, borrowAmount);
if (err != Error.NO_ERROR) {
return uint(err);
}
if (shortfall > 0) {
return uint(Error.INSUFFICIENT_LIQUIDITY);
}
// Keep the flywheel moving
updateAndDistributeBorrowerRewardsForToken(mToken, borrower);
return uint(Error.NO_ERROR);
}
/**
* @notice Checks if the account should be allowed to repay a borrow in the given market
* @param mToken The market to verify the repay against
* @param payer The account which would repay the asset
* @param borrower The account which would borrowed the asset
* @param repayAmount The amount of the underlying asset the account would repay
* @return 0 if the repay is allowed, otherwise a semi-opaque error code (See ErrorReporter.sol)
*/
function repayBorrowAllowed(
address mToken,
address payer,
address borrower,
uint repayAmount) override external returns (uint) {
// Shh - currently unused
payer;
borrower;
repayAmount;
if (!markets[mToken].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
// Keep the flywheel moving
updateAndDistributeBorrowerRewardsForToken(mToken, borrower);
return uint(Error.NO_ERROR);
}
/**
* @notice Checks if the liquidation should be allowed to occur
* @param mTokenBorrowed Asset which was borrowed by the borrower
* @param mTokenCollateral Asset which was used as collateral and will be seized
* @param liquidator The address repaying the borrow and seizing the collateral
* @param borrower The address of the borrower
* @param repayAmount The amount of underlying being repaid
*/
function liquidateBorrowAllowed(
address mTokenBorrowed,
address mTokenCollateral,
address liquidator,
address borrower,
uint repayAmount) override external view returns (uint) {
// Shh - currently unused
liquidator;
if (!markets[mTokenBorrowed].isListed || !markets[mTokenCollateral].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
/* The borrower must have shortfall in order to be liquidatable */
(Error err, , uint shortfall) = getAccountLiquidityInternal(borrower);
if (err != Error.NO_ERROR) {
return uint(err);
}
if (shortfall == 0) {
return uint(Error.INSUFFICIENT_SHORTFALL);
}
/* The liquidator may not repay more than what is allowed by the closeFactor */
uint borrowBalance = MToken(mTokenBorrowed).borrowBalanceStored(borrower);
uint maxClose = mul_ScalarTruncate(Exp({mantissa: closeFactorMantissa}), borrowBalance);
if (repayAmount > maxClose) {
return uint(Error.TOO_MUCH_REPAY);
}
return uint(Error.NO_ERROR);
}
/**
* @notice Checks if the seizing of assets should be allowed to occur
* @param mTokenCollateral Asset which was used as collateral and will be seized
* @param mTokenBorrowed Asset which was borrowed by the borrower
* @param liquidator The address repaying the borrow and seizing the collateral
* @param borrower The address of the borrower
* @param seizeTokens The number of collateral tokens to seize
*/
function seizeAllowed(
address mTokenCollateral,
address mTokenBorrowed,
address liquidator,
address borrower,
uint seizeTokens) override external returns (uint) {
// Pausing is a very serious situation - we revert to sound the alarms
require(!seizeGuardianPaused, "seize is paused");
// Shh - currently unused
seizeTokens;
if (!markets[mTokenCollateral].isListed || !markets[mTokenBorrowed].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
if (MToken(mTokenCollateral).comptroller() != MToken(mTokenBorrowed).comptroller()) {
return uint(Error.COMPTROLLER_MISMATCH);
}
// Keep the flywheel moving
// Note: We don't update borrower indices here because as part of liquidations
// repayBorrowFresh is called, which in turn calls `borrowAllow`, which updates
// the liquidated borrower's indices.
updateAndDistributeSupplierRewardsForToken(mTokenCollateral, borrower);
updateAndDistributeSupplierRewardsForToken(mTokenCollateral, liquidator);
return uint(Error.NO_ERROR);
}
/**
* @notice Checks if the account should be allowed to transfer tokens in the given market
* @param mToken The market to verify the transfer against
* @param src The account which sources the tokens
* @param dst The account which receives the tokens
* @param transferTokens The number of mTokens to transfer
* @return 0 if the transfer is allowed, otherwise a semi-opaque error code (See ErrorReporter.sol)
*/
function transferAllowed(address mToken, address src, address dst, uint transferTokens) override external returns (uint) {
// Pausing is a very serious situation - we revert to sound the alarms
require(!transferGuardianPaused, "transfer is paused");
// Currently the only consideration is whether or not
// the src is allowed to redeem this many tokens
uint allowed = redeemAllowedInternal(mToken, src, transferTokens);
if (allowed != uint(Error.NO_ERROR)) {
return allowed;
}
// Keep the flywheel moving
updateAndDistributeSupplierRewardsForToken(mToken, src);
updateAndDistributeSupplierRewardsForToken(mToken, dst);
return uint(Error.NO_ERROR);
}
/*** Liquidity/Liquidation Calculations ***/
/**
* @dev Local vars for avoiding stack-depth limits in calculating account liquidity.
* Note that `mTokenBalance` is the number of mTokens the account owns in the market,
* whereas `borrowBalance` is the amount of underlying that the account has borrowed.
*/
struct AccountLiquidityLocalVars {
uint sumCollateral;
uint sumBorrowPlusEffects;
uint mTokenBalance;
uint borrowBalance;
uint exchangeRateMantissa;
uint oraclePriceMantissa;
Exp collateralFactor;
Exp exchangeRate;
Exp oraclePrice;
Exp tokensToDenom;
}
/**
* @notice Determine the current account liquidity wrt collateral requirements
* @return (possible error code (semi-opaque),
account liquidity in excess of collateral requirements,
* account shortfall below collateral requirements)
*/
function getAccountLiquidity(address account) public view returns (uint, uint, uint) {
(Error err, uint liquidity, uint shortfall) = getHypotheticalAccountLiquidityInternal(account, MToken(address(0)), 0, 0);
return (uint(err), liquidity, shortfall);
}
/**
* @notice Determine the current account liquidity wrt collateral requirements
* @return (possible error code,
account liquidity in excess of collateral requirements,
* account shortfall below collateral requirements)
*/
function getAccountLiquidityInternal(address account) internal view returns (Error, uint, uint) {
return getHypotheticalAccountLiquidityInternal(account, MToken(address(0)), 0, 0);
}
/**
* @notice Determine what the account liquidity would be if the given amounts were redeemed/borrowed
* @param mTokenModify The market to hypothetically redeem/borrow in
* @param account The account to determine liquidity for
* @param redeemTokens The number of tokens to hypothetically redeem
* @param borrowAmount The amount of underlying to hypothetically borrow
* @return (possible error code (semi-opaque),
hypothetical account liquidity in excess of collateral requirements,
* hypothetical account shortfall below collateral requirements)
*/
function getHypotheticalAccountLiquidity(
address account,
address mTokenModify,
uint redeemTokens,
uint borrowAmount) public view returns (uint, uint, uint) {
(Error err, uint liquidity, uint shortfall) = getHypotheticalAccountLiquidityInternal(account, MToken(mTokenModify), redeemTokens, borrowAmount);
return (uint(err), liquidity, shortfall);
}
/**
* @notice Determine what the account liquidity would be if the given amounts were redeemed/borrowed
* @param mTokenModify The market to hypothetically redeem/borrow in
* @param account The account to determine liquidity for
* @param redeemTokens The number of tokens to hypothetically redeem
* @param borrowAmount The amount of underlying to hypothetically borrow
* @dev Note that we calculate the exchangeRateStored for each collateral mToken using stored data,
* without calculating accumulated interest.
* @return (possible error code,
hypothetical account liquidity in excess of collateral requirements,
* hypothetical account shortfall below collateral requirements)
*/
function getHypotheticalAccountLiquidityInternal(
address account,
MToken mTokenModify,
uint redeemTokens,
uint borrowAmount) internal view returns (Error, uint, uint) {
AccountLiquidityLocalVars memory vars; // Holds all our calculation results
uint oErr;
// For each asset the account is in
MToken[] memory assets = accountAssets[account];
for (uint i = 0; i < assets.length; i++) {
MToken asset = assets[i];
// Read the balances and exchange rate from the mToken
(oErr, vars.mTokenBalance, vars.borrowBalance, vars.exchangeRateMantissa) = asset.getAccountSnapshot(account);
if (oErr != 0) { // semi-opaque error code, we assume NO_ERROR == 0 is invariant between upgrades
return (Error.SNAPSHOT_ERROR, 0, 0);
}
vars.collateralFactor = Exp({mantissa: markets[address(asset)].collateralFactorMantissa});
vars.exchangeRate = Exp({mantissa: vars.exchangeRateMantissa});
// Get the normalized price of the asset
vars.oraclePriceMantissa = oracle.getUnderlyingPrice(asset);
if (vars.oraclePriceMantissa == 0) {
return (Error.PRICE_ERROR, 0, 0);
}
vars.oraclePrice = Exp({mantissa: vars.oraclePriceMantissa});
// Pre-compute a conversion factor from tokens -> glmr (normalized price value)
vars.tokensToDenom = mul_(mul_(vars.collateralFactor, vars.exchangeRate), vars.oraclePrice);
// sumCollateral += tokensToDenom * mTokenBalance
vars.sumCollateral = mul_ScalarTruncateAddUInt(vars.tokensToDenom, vars.mTokenBalance, vars.sumCollateral);
// sumBorrowPlusEffects += oraclePrice * borrowBalance
vars.sumBorrowPlusEffects = mul_ScalarTruncateAddUInt(vars.oraclePrice, vars.borrowBalance, vars.sumBorrowPlusEffects);
// Calculate effects of interacting with mTokenModify
if (asset == mTokenModify) {
// redeem effect
// sumBorrowPlusEffects += tokensToDenom * redeemTokens
vars.sumBorrowPlusEffects = mul_ScalarTruncateAddUInt(vars.tokensToDenom, redeemTokens, vars.sumBorrowPlusEffects);
// borrow effect
// sumBorrowPlusEffects += oraclePrice * borrowAmount
vars.sumBorrowPlusEffects = mul_ScalarTruncateAddUInt(vars.oraclePrice, borrowAmount, vars.sumBorrowPlusEffects);
}
}
// These are safe, as the underflow condition is checked first
if (vars.sumCollateral > vars.sumBorrowPlusEffects) {
return (Error.NO_ERROR, vars.sumCollateral - vars.sumBorrowPlusEffects, 0);
} else {
return (Error.NO_ERROR, 0, vars.sumBorrowPlusEffects - vars.sumCollateral);
}
}
/**
* @notice Calculate number of tokens of collateral asset to seize given an underlying amount
* @dev Used in liquidation (called in mToken.liquidateBorrowFresh)
* @param mTokenBorrowed The address of the borrowed mToken
* @param mTokenCollateral The address of the collateral mToken
* @param actualRepayAmount The amount of mTokenBorrowed underlying to convert into mTokenCollateral tokens
* @return (errorCode, number of mTokenCollateral tokens to be seized in a liquidation)
*/
function liquidateCalculateSeizeTokens(address mTokenBorrowed, address mTokenCollateral, uint actualRepayAmount) override external view returns (uint, uint) {
/* Read oracle prices for borrowed and collateral markets */
uint priceBorrowedMantissa = oracle.getUnderlyingPrice(MToken(mTokenBorrowed));
uint priceCollateralMantissa = oracle.getUnderlyingPrice(MToken(mTokenCollateral));
if (priceBorrowedMantissa == 0 || priceCollateralMantissa == 0) {
return (uint(Error.PRICE_ERROR), 0);
}
/*
* Get the exchange rate and calculate the number of collateral tokens to seize:
* seizeAmount = actualRepayAmount * liquidationIncentive * priceBorrowed / priceCollateral
* seizeTokens = seizeAmount / exchangeRate
* = actualRepayAmount * (liquidationIncentive * priceBorrowed) / (priceCollateral * exchangeRate)
*/
uint exchangeRateMantissa = MToken(mTokenCollateral).exchangeRateStored(); // Note: reverts on error
uint seizeTokens;
Exp memory numerator;
Exp memory denominator;
Exp memory ratio;
numerator = mul_(Exp({mantissa: liquidationIncentiveMantissa}), Exp({mantissa: priceBorrowedMantissa}));
denominator = mul_(Exp({mantissa: priceCollateralMantissa}), Exp({mantissa: exchangeRateMantissa}));
ratio = div_(numerator, denominator);
seizeTokens = mul_ScalarTruncate(ratio, actualRepayAmount);
return (uint(Error.NO_ERROR), seizeTokens);
}
/*** Admin Functions ***/
/**
* @notice Sets a new price oracle for the comptroller
* @dev Admin function to set a new price oracle
* @return uint 0=success, otherwise a failure (see ErrorReporter.sol for details)
*/
function _setPriceOracle(PriceOracle newOracle) public returns (uint) {
// Check caller is admin
if (msg.sender != admin) {
return fail(Error.UNAUTHORIZED, FailureInfo.SET_PRICE_ORACLE_OWNER_CHECK);
}
// Track the old oracle for the comptroller
PriceOracle oldOracle = oracle;
// Set comptroller's oracle to newOracle
oracle = newOracle;
// Emit NewPriceOracle(oldOracle, newOracle)
emit NewPriceOracle(oldOracle, newOracle);
return uint(Error.NO_ERROR);
}
/**
* @notice Sets the closeFactor used when liquidating borrows
* @dev Admin function to set closeFactor
* @param newCloseFactorMantissa New close factor, scaled by 1e18
* @return uint 0=success, otherwise a failure
*/
function _setCloseFactor(uint newCloseFactorMantissa) external returns (uint) {
// Check caller is admin
require(msg.sender == admin, "only admin can set close factor");
uint oldCloseFactorMantissa = closeFactorMantissa;
closeFactorMantissa = newCloseFactorMantissa;
emit NewCloseFactor(oldCloseFactorMantissa, closeFactorMantissa);
return uint(Error.NO_ERROR);
}
/**
* @notice Sets the collateralFactor for a market
* @dev Admin function to set per-market collateralFactor
* @param mToken The market to set the factor on
* @param newCollateralFactorMantissa The new collateral factor, scaled by 1e18
* @return uint 0=success, otherwise a failure. (See ErrorReporter for details)
*/
function _setCollateralFactor(MToken mToken, uint newCollateralFactorMantissa) external returns (uint) {
// Check caller is admin
if (msg.sender != admin) {
return fail(Error.UNAUTHORIZED, FailureInfo.SET_COLLATERAL_FACTOR_OWNER_CHECK);
}
// Verify market is listed
Market storage market = markets[address(mToken)];
if (!market.isListed) {
return fail(Error.MARKET_NOT_LISTED, FailureInfo.SET_COLLATERAL_FACTOR_NO_EXISTS);
}
Exp memory newCollateralFactorExp = Exp({mantissa: newCollateralFactorMantissa});
// Check collateral factor <= 0.9
Exp memory highLimit = Exp({mantissa: collateralFactorMaxMantissa});
if (lessThanExp(highLimit, newCollateralFactorExp)) {
return fail(Error.INVALID_COLLATERAL_FACTOR, FailureInfo.SET_COLLATERAL_FACTOR_VALIDATION);
}
// If collateral factor != 0, fail if price == 0
if (newCollateralFactorMantissa != 0 && oracle.getUnderlyingPrice(mToken) == 0) {
return fail(Error.PRICE_ERROR, FailureInfo.SET_COLLATERAL_FACTOR_WITHOUT_PRICE);
}
// Set market's collateral factor to new collateral factor, remember old value
uint oldCollateralFactorMantissa = market.collateralFactorMantissa;
market.collateralFactorMantissa = newCollateralFactorMantissa;
// Emit event with asset, old collateral factor, and new collateral factor
emit NewCollateralFactor(mToken, oldCollateralFactorMantissa, newCollateralFactorMantissa);
return uint(Error.NO_ERROR);
}
/**
* @notice Sets liquidationIncentive
* @dev Admin function to set liquidationIncentive
* @param newLiquidationIncentiveMantissa New liquidationIncentive scaled by 1e18
* @return uint 0=success, otherwise a failure. (See ErrorReporter for details)
*/
function _setLiquidationIncentive(uint newLiquidationIncentiveMantissa) external returns (uint) {
// Check caller is admin
if (msg.sender != admin) {
return fail(Error.UNAUTHORIZED, FailureInfo.SET_LIQUIDATION_INCENTIVE_OWNER_CHECK);
}
// Save current value for use in log
uint oldLiquidationIncentiveMantissa = liquidationIncentiveMantissa;
// Set liquidation incentive to new incentive
liquidationIncentiveMantissa = newLiquidationIncentiveMantissa;
// Emit event with old incentive, new incentive
emit NewLiquidationIncentive(oldLiquidationIncentiveMantissa, newLiquidationIncentiveMantissa);
return uint(Error.NO_ERROR);
}
/**
* @notice Add the market to the markets mapping and set it as listed
* @dev Admin function to set isListed and add support for the market
* @param mToken The address of the market (token) to list
* @return uint 0=success, otherwise a failure. (See enum Error for details)
*/
function _supportMarket(MToken mToken) external returns (uint) {
if (msg.sender != admin) {
return fail(Error.UNAUTHORIZED, FailureInfo.SUPPORT_MARKET_OWNER_CHECK);
}
if (markets[address(mToken)].isListed) {
return fail(Error.MARKET_ALREADY_LISTED, FailureInfo.SUPPORT_MARKET_EXISTS);
}
require(mToken.isMToken(), "Must be an MToken"); // Sanity check to make sure its really a MToken
Market storage newMarket = markets[address(mToken)];
newMarket.isListed = true;
newMarket.collateralFactorMantissa = 0;
_addMarketInternal(address(mToken));
emit MarketListed(mToken);
return uint(Error.NO_ERROR);
}
function _addMarketInternal(address mToken) internal {
for (uint i = 0; i < allMarkets.length; i ++) {
require(allMarkets[i] != MToken(mToken), "market already added");
}
allMarkets.push(MToken(mToken));
}
/**
* @notice Set the given borrow caps for the given mToken markets. Borrowing that brings total borrows to or above borrow cap will revert.
* @dev Admin or borrowCapGuardian function to set the borrow caps. A borrow cap of 0 corresponds to unlimited borrowing.
* @param mTokens The addresses of the markets (tokens) to change the borrow caps for
* @param newBorrowCaps The new borrow cap values in underlying to be set. A value of 0 corresponds to unlimited borrowing.
*/
function _setMarketBorrowCaps(MToken[] calldata mTokens, uint[] calldata newBorrowCaps) external {
require(msg.sender == admin || msg.sender == borrowCapGuardian, "only admin or borrow cap guardian can set borrow caps");
uint numMarkets = mTokens.length;
uint numBorrowCaps = newBorrowCaps.length;
require(numMarkets != 0 && numMarkets == numBorrowCaps, "invalid input");
for(uint i = 0; i < numMarkets; i++) {
borrowCaps[address(mTokens[i])] = newBorrowCaps[i];
emit NewBorrowCap(mTokens[i], newBorrowCaps[i]);
}
}
/**
* @notice Admin function to change the Borrow Cap Guardian
* @param newBorrowCapGuardian The address of the new Borrow Cap Guardian
*/
function _setBorrowCapGuardian(address newBorrowCapGuardian) external {
require(msg.sender == admin, "only admin can set borrow cap guardian");
// Save current value for inclusion in log
address oldBorrowCapGuardian = borrowCapGuardian;
// Store borrowCapGuardian with value newBorrowCapGuardian
borrowCapGuardian = newBorrowCapGuardian;
// Emit NewBorrowCapGuardian(OldBorrowCapGuardian, NewBorrowCapGuardian)
emit NewBorrowCapGuardian(oldBorrowCapGuardian, newBorrowCapGuardian);
}
/**
* @notice Set the given supply caps for the given mToken markets. Supplying that brings total supplies to or above supply cap will revert.
* @dev Admin or supplyCapGuardian function to set the supply caps. A supply cap of 0 corresponds to unlimited supplying.
* @param mTokens The addresses of the markets (tokens) to change the supply caps for
* @param newSupplyCaps The new supply cap values in underlying to be set. A value of 0 corresponds to unlimited supplying.
*/
function _setMarketSupplyCaps(MToken[] calldata mTokens, uint[] calldata newSupplyCaps) external {
require(msg.sender == admin || msg.sender == supplyCapGuardian, "only admin or supply cap guardian can set supply caps");
uint numMarkets = mTokens.length;
uint numSupplyCaps = newSupplyCaps.length;
require(numMarkets != 0 && numMarkets == numSupplyCaps, "invalid input");
for(uint i = 0; i < numMarkets; i++) {
supplyCaps[address(mTokens[i])] = newSupplyCaps[i];
emit NewSupplyCap(mTokens[i], newSupplyCaps[i]);
}
}
/**
* @notice Admin function to change the Supply Cap Guardian
* @param newSupplyCapGuardian The address of the new Supply Cap Guardian
*/
function _setSupplyCapGuardian(address newSupplyCapGuardian) external {
require(msg.sender == admin, "only admin can set supply cap guardian");
// Save current value for inclusion in log
address oldSupplyCapGuardian = supplyCapGuardian;
// Store supplyCapGuardian with value newSupplyCapGuardian
supplyCapGuardian = newSupplyCapGuardian;
// Emit NewSupplyCapGuardian(OldSupplyCapGuardian, NewSupplyCapGuardian)
emit NewSupplyCapGuardian(oldSupplyCapGuardian, newSupplyCapGuardian);
}
/**
* @notice Admin function to change the Pause Guardian
* @param newPauseGuardian The address of the new Pause Guardian
* @return uint 0=success, otherwise a failure. (See enum Error for details)
*/
function _setPauseGuardian(address newPauseGuardian) public returns (uint) {
if (msg.sender != admin) {
return fail(Error.UNAUTHORIZED, FailureInfo.SET_PAUSE_GUARDIAN_OWNER_CHECK);
}
// Save current value for inclusion in log
address oldPauseGuardian = pauseGuardian;
// Store pauseGuardian with value newPauseGuardian
pauseGuardian = newPauseGuardian;
// Emit NewPauseGuardian(OldPauseGuardian, NewPauseGuardian)
emit NewPauseGuardian(oldPauseGuardian, pauseGuardian);
return uint(Error.NO_ERROR);
}
/**
* @notice Admin function to change the Reward Distributor
* @param newRewardDistributor The address of the new Reward Distributor
*/
function _setRewardDistributor(MultiRewardDistributor newRewardDistributor) public {
require(msg.sender == admin, "Unauthorized");
MultiRewardDistributor oldRewardDistributor = rewardDistributor;
rewardDistributor = newRewardDistributor;
emit NewRewardDistributor(oldRewardDistributor, newRewardDistributor);
}
function _setMintPaused(MToken mToken, bool state) public returns (bool) {
require(markets[address(mToken)].isListed, "cannot pause a market that is not listed");
require(msg.sender == pauseGuardian || msg.sender == admin, "only pause guardian and admin can pause");
require(msg.sender == admin || state == true, "only admin can unpause");
mintGuardianPaused[address(mToken)] = state;
emit ActionPaused(mToken, "Mint", state);
return state;
}
function _setBorrowPaused(MToken mToken, bool state) public returns (bool) {
require(markets[address(mToken)].isListed, "cannot pause a market that is not listed");
require(msg.sender == pauseGuardian || msg.sender == admin, "only pause guardian and admin can pause");
require(msg.sender == admin || state == true, "only admin can unpause");
borrowGuardianPaused[address(mToken)] = state;
emit ActionPaused(mToken, "Borrow", state);
return state;
}
function _setTransferPaused(bool state) public returns (bool) {
require(msg.sender == pauseGuardian || msg.sender == admin, "only pause guardian and admin can pause");
require(msg.sender == admin || state == true, "only admin can unpause");
transferGuardianPaused = state;
emit ActionPaused("Transfer", state);
return state;
}
function _setSeizePaused(bool state) public returns (bool) {
require(msg.sender == pauseGuardian || msg.sender == admin, "only pause guardian and admin can pause");
require(msg.sender == admin || state == true, "only admin can unpause");
seizeGuardianPaused = state;
emit ActionPaused("Seize", state);
return state;
}
function _become(Unitroller unitroller) public {
require(msg.sender == unitroller.admin(), "only unitroller admin can change brains");
require(unitroller._acceptImplementation() == 0, "change not authorized");
}
/**
* @notice Sweep ERC-20 tokens from the comptroller to the admin
* @param _tokenAddress The address of the token to transfer
* @param _amount The amount of tokens to sweep, uint.max means everything
*/
function _rescueFunds(address _tokenAddress, uint _amount) external {
require(msg.sender == admin, "Unauthorized");
IERC20 token = IERC20(_tokenAddress);
// Similar to mTokens, if this is uint.max that means "transfer everything"
if (_amount == type(uint).max) {
token.transfer(admin, token.balanceOf(address(this)));
} else {
token.transfer(admin, _amount);
}
}
/*** WELL Distribution ***/
/**
* @notice Call out to the reward distributor to update its supply index and this user's index too
* @param mToken The market to synchronize indexes for
* @param supplier The supplier to whom rewards are going
*/
function updateAndDistributeSupplierRewardsForToken(address mToken, address supplier) internal {
if (address(rewardDistributor) != address(0)){
rewardDistributor.updateMarketSupplyIndexAndDisburseSupplierRewards(MToken(mToken), supplier, false);
}
}
/**
* @notice Call out to the reward distributor to update its borrow index and this user's index too
* @param mToken The market to synchronize indexes for
* @param borrower The borrower to whom rewards are going
*/
function updateAndDistributeBorrowerRewardsForToken(address mToken, address borrower) internal {
if (address(rewardDistributor) != address(0)){
rewardDistributor.updateMarketBorrowIndexAndDisburseBorrowerRewards(MToken(mToken), borrower, false);
}
}
/**
* @notice Claim all the WELL accrued by holder in all markets
*/
function claimReward() public {
claimReward(msg.sender, allMarkets);
}