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Comptroller.sol
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Comptroller.sol
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pragma solidity ^0.5.16;
import "./CToken.sol";
import "./CErc20.sol";
import "./ErrorReporter.sol";
import "./Exponential.sol";
import "./PriceOracle.sol";
import "./ComptrollerInterface.sol";
import "./ComptrollerStorage.sol";
import "./Unitroller.sol";
import "./RewardsDistributorDelegate.sol";
/**
* @title Compound's Comptroller Contract
* @author Compound
* @dev This contract should not to be deployed alone; instead, deploy `Unitroller` (proxy contract) on top of this `Comptroller` (logic/implementation contract).
*/
contract Comptroller is ComptrollerV3Storage, ComptrollerInterface, ComptrollerErrorReporter, Exponential {
/// @notice Emitted when an admin supports a market
event MarketListed(CToken cToken);
/// @notice Emitted when an admin unsupports a market
event MarketUnlisted(CToken cToken);
/// @notice Emitted when an account enters a market
event MarketEntered(CToken cToken, address account);
/// @notice Emitted when an account exits a market
event MarketExited(CToken cToken, 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(CToken cToken, 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(CToken cToken, string action, bool pauseState);
/// @notice Emitted when the whitelist enforcement is changed
event WhitelistEnforcementChanged(bool enforce);
/// @notice Emitted when auto implementations are toggled
event AutoImplementationsToggled(bool enabled);
/// @notice Emitted when supply cap for a cToken is changed
event NewSupplyCap(CToken indexed cToken, uint newSupplyCap);
/// @notice Emitted when borrow cap for a cToken is changed
event NewBorrowCap(CToken indexed cToken, uint newBorrowCap);
/// @notice Emitted when borrow cap guardian is changed
event NewBorrowCapGuardian(address oldBorrowCapGuardian, address newBorrowCapGuardian);
/// @notice Emitted when a new RewardsDistributor contract is added to hooks
event AddedRewardsDistributor(address rewardsDistributor);
// 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
// liquidationIncentiveMantissa must be no less than this value
uint internal constant liquidationIncentiveMinMantissa = 1.0e18; // 1.0
// liquidationIncentiveMantissa must be no greater than this value
uint internal constant liquidationIncentiveMaxMantissa = 1.5e18; // 1.5
/*** 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 (CToken[] memory) {
CToken[] 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 cToken The cToken to check
* @return True if the account is in the asset, otherwise false.
*/
function checkMembership(address account, CToken cToken) external view returns (bool) {
return markets[address(cToken)].accountMembership[account];
}
/**
* @notice Add assets to be included in account liquidity calculation
* @param cTokens The list of addresses of the cToken markets to be enabled
* @return Success indicator for whether each corresponding market was entered
*/
function enterMarkets(address[] memory cTokens) public returns (uint[] memory) {
uint len = cTokens.length;
uint[] memory results = new uint[](len);
for (uint i = 0; i < len; i++) {
CToken cToken = CToken(cTokens[i]);
results[i] = uint(addToMarketInternal(cToken, msg.sender));
}
return results;
}
/**
* @notice Add the market to the borrower's "assets in" for liquidity calculations
* @param cToken The market to enter
* @param borrower The address of the account to modify
* @return Success indicator for whether the market was entered
*/
function addToMarketInternal(CToken cToken, address borrower) internal returns (Error) {
Market storage marketToJoin = markets[address(cToken)];
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(cToken);
// Add to allBorrowers
if (!borrowers[borrower]) {
allBorrowers.push(borrower);
borrowers[borrower] = true;
borrowerIndexes[borrower] = allBorrowers.length - 1;
}
emit MarketEntered(cToken, 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 neccessary collateral for an outstanding borrow.
* @param cTokenAddress The address of the asset to be removed
* @return Whether or not the account successfully exited the market
*/
function exitMarket(address cTokenAddress) external returns (uint) {
CToken cToken = CToken(cTokenAddress);
/* Get sender tokensHeld and amountOwed underlying from the cToken */
(uint oErr, uint tokensHeld, uint amountOwed, ) = cToken.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(cTokenAddress, msg.sender, tokensHeld);
if (allowed != 0) {
return failOpaque(Error.REJECTION, FailureInfo.EXIT_MARKET_REJECTION, allowed);
}
Market storage marketToExit = markets[address(cToken)];
/* Return true if the sender is not already ‘in’ the market */
if (!marketToExit.accountMembership[msg.sender]) {
return uint(Error.NO_ERROR);
}
/* Set cToken account membership to false */
delete marketToExit.accountMembership[msg.sender];
/* Delete cToken from the account’s list of assets */
// load into memory for faster iteration
CToken[] memory userAssetList = accountAssets[msg.sender];
uint len = userAssetList.length;
uint assetIndex = len;
for (uint i = 0; i < len; i++) {
if (userAssetList[i] == cToken) {
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
CToken[] storage storedList = accountAssets[msg.sender];
storedList[assetIndex] = storedList[storedList.length - 1];
storedList.length--;
// If the user has exited all markets, remove them from the `allBorrowers` array
if (storedList.length == 0) {
allBorrowers[borrowerIndexes[msg.sender]] = allBorrowers[allBorrowers.length - 1]; // Copy last item in list to location of item to be removed
allBorrowers.length--; // Reduce length by 1
borrowerIndexes[allBorrowers[borrowerIndexes[msg.sender]]] = borrowerIndexes[msg.sender]; // Set borrower index of moved item to correct index
borrowerIndexes[msg.sender] = 0; // Reset sender borrower index to 0 for a gas refund
borrowers[msg.sender] = false; // Tell the contract that the sender is no longer a borrower (so it knows to add the borrower back if they enter a market in the future)
}
emit MarketExited(cToken, 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 cToken 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 cToken, address minter, uint mintAmount) external returns (uint) {
// Pausing is a very serious situation - we revert to sound the alarms
require(!mintGuardianPaused[cToken], "mint is paused");
// Shh - currently unused
minter;
mintAmount;
// Make sure market is listed
if (!markets[cToken].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
// Make sure minter is whitelisted
if (enforceWhitelist && !whitelist[minter]) {
return uint(Error.SUPPLIER_NOT_WHITELISTED);
}
// Check supply cap
uint supplyCap = supplyCaps[cToken];
// Supply cap of 0 corresponds to unlimited supplying
if (supplyCap != 0) {
uint totalCash = CToken(cToken).getCash();
uint totalBorrows = CToken(cToken).totalBorrows();
uint totalReserves = CToken(cToken).totalReserves();
uint totalFuseFees = CToken(cToken).totalFuseFees();
uint totalAdminFees = CToken(cToken).totalAdminFees();
// totalUnderlyingSupply = totalCash + totalBorrows - (totalReserves + totalFuseFees + totalAdminFees)
(MathError mathErr, uint totalUnderlyingSupply) = addThenSubUInt(totalCash, totalBorrows, add_(add_(totalReserves, totalFuseFees), totalAdminFees));
if (mathErr != MathError.NO_ERROR) return uint(Error.MATH_ERROR);
uint nextTotalUnderlyingSupply;
(mathErr, nextTotalUnderlyingSupply) = addUInt(totalUnderlyingSupply, mintAmount);
if (mathErr != MathError.NO_ERROR) return uint(Error.MATH_ERROR);
require(nextTotalUnderlyingSupply < supplyCap, "market supply cap reached");
}
// Keep the flywheel moving
flywheelPreSupplierAction(cToken, minter);
return uint(Error.NO_ERROR);
}
/**
* @notice Validates mint and reverts on rejection. May emit logs.
* @param cToken Asset being minted
* @param minter The address minting the tokens
* @param actualMintAmount The amount of the underlying asset being minted
* @param mintTokens The number of tokens being minted
*/
function mintVerify(address cToken, address minter, uint actualMintAmount, uint mintTokens) external {
// Shh - currently unused
cToken;
minter;
actualMintAmount;
mintTokens;
// Shh - we don't ever want this hook to be marked pure
if (false) {
maxAssets = maxAssets;
}
// Add minter to suppliers mapping
suppliers[minter] = true;
}
/**
* @notice Checks if the account should be allowed to redeem tokens in the given market
* @param cToken The market to verify the redeem against
* @param redeemer The account which would redeem the tokens
* @param redeemTokens The number of cTokens 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 cToken, address redeemer, uint redeemTokens) external returns (uint) {
uint allowed = redeemAllowedInternal(cToken, redeemer, redeemTokens);
if (allowed != uint(Error.NO_ERROR)) {
return allowed;
}
// Keep the flywheel moving
flywheelPreSupplierAction(cToken, redeemer);
return uint(Error.NO_ERROR);
}
function redeemAllowedInternal(address cToken, address redeemer, uint redeemTokens) internal view returns (uint) {
if (!markets[cToken].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
/* If the redeemer is not 'in' the market, then we can bypass the liquidity check */
if (!markets[cToken].accountMembership[redeemer]) {
return uint(Error.NO_ERROR);
}
/* Otherwise, perform a hypothetical liquidity check to guard against shortfall */
(Error err, , uint shortfall) = getHypotheticalAccountLiquidityInternal(redeemer, CToken(cToken), 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 cToken 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 cToken, address redeemer, uint redeemAmount, uint redeemTokens) external {
// Shh - currently unused
cToken;
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 cToken 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 cToken, address borrower, uint borrowAmount) external returns (uint) {
// Pausing is a very serious situation - we revert to sound the alarms
require(!borrowGuardianPaused[cToken], "borrow is paused");
// Make sure market is listed
if (!markets[cToken].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
if (!markets[cToken].accountMembership[borrower]) {
// only cTokens may call borrowAllowed if borrower not in market
require(msg.sender == cToken, "sender must be cToken");
// attempt to add borrower to the market
Error err = addToMarketInternal(CToken(msg.sender), borrower);
if (err != Error.NO_ERROR) {
return uint(err);
}
// it should be impossible to break the important invariant
assert(markets[cToken].accountMembership[borrower]);
}
// Make sure oracle price is available
if (oracle.getUnderlyingPrice(CToken(cToken)) == 0) {
return uint(Error.PRICE_ERROR);
}
// Make sure borrower is whitelisted
if (enforceWhitelist && !whitelist[borrower]) {
return uint(Error.SUPPLIER_NOT_WHITELISTED);
}
// Check borrow cap
uint borrowCap = borrowCaps[cToken];
// Borrow cap of 0 corresponds to unlimited borrowing
if (borrowCap != 0) {
uint totalBorrows = CToken(cToken).totalBorrows();
(MathError mathErr, uint nextTotalBorrows) = addUInt(totalBorrows, borrowAmount);
if (mathErr != MathError.NO_ERROR) return uint(Error.MATH_ERROR);
require(nextTotalBorrows < borrowCap, "market borrow cap reached");
}
// Keep the flywheel moving
flywheelPreBorrowerAction(cToken, borrower);
// Perform a hypothetical liquidity check to guard against shortfall
(Error err, , uint shortfall) = getHypotheticalAccountLiquidityInternal(borrower, CToken(cToken), 0, borrowAmount);
if (err != Error.NO_ERROR) {
return uint(err);
}
if (shortfall > 0) {
return uint(Error.INSUFFICIENT_LIQUIDITY);
}
return uint(Error.NO_ERROR);
}
/**
* @notice Checks if the account should be allowed to borrow the underlying asset of the given market
* @param cToken Asset whose underlying is being borrowed
* @param accountBorrowsNew The user's new borrow balance of the underlying asset
*/
function borrowWithinLimits(address cToken, uint accountBorrowsNew) external returns (uint) {
// Check if min borrow exists
uint minBorrowEth = fuseAdmin.minBorrowEth();
if (minBorrowEth > 0) {
// Get new underlying borrow balance of account for this cToken
uint oraclePriceMantissa = oracle.getUnderlyingPrice(CToken(cToken));
if (oraclePriceMantissa == 0) return uint(Error.PRICE_ERROR);
(MathError mathErr, uint borrowBalanceEth) = mulScalarTruncate(Exp({mantissa: oraclePriceMantissa}), accountBorrowsNew);
if (mathErr != MathError.NO_ERROR) return uint(Error.MATH_ERROR);
// Check against min borrow
if (borrowBalanceEth < minBorrowEth) return uint(Error.BORROW_BELOW_MIN);
}
// Return no error
return uint(Error.NO_ERROR);
}
/**
* @notice Checks if the account should be allowed to borrow the underlying asset of the given market
* @param cToken Asset whose underlying is being borrowed
* @param exchangeRateMantissa Underlying/cToken exchange rate
* @param accountTokens Initial account cToken balance
* @param accountTokens Underlying amount to mint
*/
function mintWithinLimits(address cToken, uint exchangeRateMantissa, uint accountTokens, uint mintAmount) external returns (uint) {
// Return no error
return uint(Error.NO_ERROR);
}
/**
* @notice Validates borrow and reverts on rejection. May emit logs.
* @param cToken Asset whose underlying is being borrowed
* @param borrower The address borrowing the underlying
* @param borrowAmount The amount of the underlying asset requested to borrow
*/
function borrowVerify(address cToken, address borrower, uint borrowAmount) external {
// Shh - currently unused
cToken;
borrower;
borrowAmount;
// Shh - we don't ever want this hook to be marked pure
if (false) {
maxAssets = maxAssets;
}
}
/**
* @notice Checks if the account should be allowed to repay a borrow in the given market
* @param cToken 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 cToken,
address payer,
address borrower,
uint repayAmount) external returns (uint) {
// Shh - currently unused
payer;
borrower;
repayAmount;
// Make sure market is listed
if (!markets[cToken].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
// Keep the flywheel moving
flywheelPreBorrowerAction(cToken, borrower);
return uint(Error.NO_ERROR);
}
/**
* @notice Validates repayBorrow and reverts on rejection. May emit logs.
* @param cToken Asset being repaid
* @param payer The address repaying the borrow
* @param borrower The address of the borrower
* @param actualRepayAmount The amount of underlying being repaid
*/
function repayBorrowVerify(
address cToken,
address payer,
address borrower,
uint actualRepayAmount,
uint borrowerIndex) external {
// Shh - currently unused
cToken;
payer;
borrower;
actualRepayAmount;
borrowerIndex;
// Shh - we don't ever want this hook to be marked pure
if (false) {
maxAssets = maxAssets;
}
}
/**
* @notice Checks if the liquidation should be allowed to occur
* @param cTokenBorrowed Asset which was borrowed by the borrower
* @param cTokenCollateral 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 cTokenBorrowed,
address cTokenCollateral,
address liquidator,
address borrower,
uint repayAmount) external returns (uint) {
// Shh - currently unused
liquidator;
// Make sure markets are listed
if (!markets[cTokenBorrowed].isListed || !markets[cTokenCollateral].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
// Get borrowers's underlying borrow balance
uint borrowBalance = CToken(cTokenBorrowed).borrowBalanceStored(borrower);
/* allow accounts to be liquidated if the market is deprecated */
if (isDeprecated(CToken(cTokenBorrowed))) {
require(borrowBalance >= repayAmount, "Can not repay more than the total borrow");
} else {
/* 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 maxClose = mul_ScalarTruncate(Exp({mantissa: closeFactorMantissa}), borrowBalance);
if (repayAmount > maxClose) {
return uint(Error.TOO_MUCH_REPAY);
}
}
return uint(Error.NO_ERROR);
}
/**
* @notice Validates liquidateBorrow and reverts on rejection. May emit logs.
* @param cTokenBorrowed Asset which was borrowed by the borrower
* @param cTokenCollateral 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 actualRepayAmount The amount of underlying being repaid
*/
function liquidateBorrowVerify(
address cTokenBorrowed,
address cTokenCollateral,
address liquidator,
address borrower,
uint actualRepayAmount,
uint seizeTokens) external {
// Shh - currently unused
cTokenBorrowed;
cTokenCollateral;
liquidator;
borrower;
actualRepayAmount;
seizeTokens;
// Shh - we don't ever want this hook to be marked pure
if (false) {
maxAssets = maxAssets;
}
}
/**
* @notice Checks if the seizing of assets should be allowed to occur
* @param cTokenCollateral Asset which was used as collateral and will be seized
* @param cTokenBorrowed 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 cTokenCollateral,
address cTokenBorrowed,
address liquidator,
address borrower,
uint seizeTokens) external returns (uint) {
// Pausing is a very serious situation - we revert to sound the alarms
require(!seizeGuardianPaused, "seize is paused");
// Shh - currently unused
liquidator;
borrower;
seizeTokens;
// Make sure markets are listed
if (!markets[cTokenCollateral].isListed || !markets[cTokenBorrowed].isListed) {
return uint(Error.MARKET_NOT_LISTED);
}
// Make sure cToken Comptrollers are identical
if (CToken(cTokenCollateral).comptroller() != CToken(cTokenBorrowed).comptroller()) {
return uint(Error.COMPTROLLER_MISMATCH);
}
// Keep the flywheel moving
flywheelPreTransferAction(cTokenCollateral, borrower, liquidator);
return uint(Error.NO_ERROR);
}
/**
* @notice Validates seize and reverts on rejection. May emit logs.
* @param cTokenCollateral Asset which was used as collateral and will be seized
* @param cTokenBorrowed 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 seizeVerify(
address cTokenCollateral,
address cTokenBorrowed,
address liquidator,
address borrower,
uint seizeTokens) external {
// Shh - currently unused
cTokenCollateral;
cTokenBorrowed;
liquidator;
borrower;
seizeTokens;
// Shh - we don't ever want this hook to be marked pure
if (false) {
maxAssets = maxAssets;
}
}
/**
* @notice Checks if the account should be allowed to transfer tokens in the given market
* @param cToken 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 cTokens to transfer
* @return 0 if the transfer is allowed, otherwise a semi-opaque error code (See ErrorReporter.sol)
*/
function transferAllowed(address cToken, address src, address dst, uint transferTokens) 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(cToken, src, transferTokens);
if (allowed != uint(Error.NO_ERROR)) {
return allowed;
}
// Keep the flywheel moving
flywheelPreTransferAction(cToken, src, dst);
return uint(Error.NO_ERROR);
}
/**
* @notice Validates transfer and reverts on rejection. May emit logs.
* @param cToken Asset being transferred
* @param src The account which sources the tokens
* @param dst The account which receives the tokens
* @param transferTokens The number of cTokens to transfer
*/
function transferVerify(address cToken, address src, address dst, uint transferTokens) external {
// Shh - currently unused
cToken;
src;
dst;
transferTokens;
// Shh - we don't ever want this hook to be marked pure
if (false) {
maxAssets = maxAssets;
}
}
/*** Flywheel Hooks ***/
/**
* @notice Keeps the flywheel moving pre-mint and pre-redeem
* @param cToken The relevant market
* @param supplier The minter/redeemer
*/
function flywheelPreSupplierAction(address cToken, address supplier) internal {
for (uint256 i = 0; i < rewardsDistributors.length; i++) RewardsDistributorDelegate(rewardsDistributors[i]).flywheelPreSupplierAction(cToken, supplier);
}
/**
* @notice Keeps the flywheel moving pre-borrow and pre-repay
* @param cToken The relevant market
* @param borrower The borrower
*/
function flywheelPreBorrowerAction(address cToken, address borrower) internal {
for (uint256 i = 0; i < rewardsDistributors.length; i++) RewardsDistributorDelegate(rewardsDistributors[i]).flywheelPreBorrowerAction(cToken, borrower);
}
/**
* @notice Keeps the flywheel moving pre-transfer and pre-seize
* @param cToken The relevant market
* @param src The account which sources the tokens
* @param dst The account which receives the tokens
*/
function flywheelPreTransferAction(address cToken, address src, address dst) internal {
for (uint256 i = 0; i < rewardsDistributors.length; i++) RewardsDistributorDelegate(rewardsDistributors[i]).flywheelPreTransferAction(cToken, src, dst);
}
/*** Liquidity/Liquidation Calculations ***/
/**
* @dev Local vars for avoiding stack-depth limits in calculating account liquidity.
* Note that `cTokenBalance` is the number of cTokens 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 cTokenBalance;
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, CToken(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, CToken(0), 0, 0);
}
/**
* @notice Determine what the account liquidity would be if the given amounts were redeemed/borrowed
* @param cTokenModify 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 cTokenModify,
uint redeemTokens,
uint borrowAmount) public view returns (uint, uint, uint) {
(Error err, uint liquidity, uint shortfall) = getHypotheticalAccountLiquidityInternal(account, CToken(cTokenModify), redeemTokens, borrowAmount);
return (uint(err), liquidity, shortfall);
}
/**
* @notice Determine what the account liquidity would be if the given amounts were redeemed/borrowed
* @param cTokenModify 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 cToken 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,
CToken cTokenModify,
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
CToken[] memory assets = accountAssets[account];
for (uint i = 0; i < assets.length; i++) {
CToken asset = assets[i];
// Read the balances and exchange rate from the cToken
(oErr, vars.cTokenBalance, 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 -> ether (normalized price value)
vars.tokensToDenom = mul_(mul_(vars.collateralFactor, vars.exchangeRate), vars.oraclePrice);
// sumCollateral += tokensToDenom * cTokenBalance
vars.sumCollateral = mul_ScalarTruncateAddUInt(vars.tokensToDenom, vars.cTokenBalance, vars.sumCollateral);
// sumBorrowPlusEffects += oraclePrice * borrowBalance
vars.sumBorrowPlusEffects = mul_ScalarTruncateAddUInt(vars.oraclePrice, vars.borrowBalance, vars.sumBorrowPlusEffects);
// Calculate effects of interacting with cTokenModify
if (asset == cTokenModify) {
// 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 cToken.liquidateBorrowFresh)
* @param cTokenBorrowed The address of the borrowed cToken
* @param cTokenCollateral The address of the collateral cToken
* @param actualRepayAmount The amount of cTokenBorrowed underlying to convert into cTokenCollateral tokens
* @return (errorCode, number of cTokenCollateral tokens to be seized in a liquidation)
*/
function liquidateCalculateSeizeTokens(address cTokenBorrowed, address cTokenCollateral, uint actualRepayAmount) external view returns (uint, uint) {
/* Read oracle prices for borrowed and collateral markets */
uint priceBorrowedMantissa = oracle.getUnderlyingPrice(CToken(cTokenBorrowed));
uint priceCollateralMantissa = oracle.getUnderlyingPrice(CToken(cTokenCollateral));
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 = CToken(cTokenCollateral).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 Add a RewardsDistributor contracts.
* @dev Admin function to add a RewardsDistributor contract
* @return uint 0=success, otherwise a failure (see ErrorReporter.sol for details)
*/
function _addRewardsDistributor(address distributor) external returns (uint) {
// Check caller is admin
if (!hasAdminRights()) {
return fail(Error.UNAUTHORIZED, FailureInfo.ADD_REWARDS_DISTRIBUTOR_OWNER_CHECK);
}
// Check marker method
require(RewardsDistributorDelegate(distributor).isRewardsDistributor(), "marker method returned false");
// Check for existing RewardsDistributor
for (uint i = 0; i < rewardsDistributors.length; i++) require(distributor != rewardsDistributors[i], "RewardsDistributor contract already added");
// Add RewardsDistributor to array
rewardsDistributors.push(distributor);
emit AddedRewardsDistributor(distributor);
return uint(Error.NO_ERROR);
}
/**
* @notice Sets the whitelist enforcement for the comptroller
* @dev Admin function to set a new whitelist enforcement boolean
* @return uint 0=success, otherwise a failure (see ErrorReporter.sol for details)
*/
function _setWhitelistEnforcement(bool enforce) external returns (uint) {
// Check caller is admin
if (!hasAdminRights()) {
return fail(Error.UNAUTHORIZED, FailureInfo.SET_WHITELIST_ENFORCEMENT_OWNER_CHECK);
}
// Check if `enforceWhitelist` already equals `enforce`
if (enforceWhitelist == enforce) {
return uint(Error.NO_ERROR);
}
// Set comptroller's `enforceWhitelist` to `enforce`
enforceWhitelist = enforce;
// Emit WhitelistEnforcementChanged(bool enforce);
emit WhitelistEnforcementChanged(enforce);
return uint(Error.NO_ERROR);
}
/**
* @notice Sets the whitelist `statuses` for `suppliers`
* @dev Admin function to set the whitelist `statuses` for `suppliers`
* @return uint 0=success, otherwise a failure (see ErrorReporter.sol for details)
*/
function _setWhitelistStatuses(address[] calldata suppliers, bool[] calldata statuses) external returns (uint) {
// Check caller is admin
if (!hasAdminRights()) {
return fail(Error.UNAUTHORIZED, FailureInfo.SET_WHITELIST_STATUS_OWNER_CHECK);
}
// Set whitelist statuses for suppliers
for (uint i = 0; i < suppliers.length; i++) {
address supplier = suppliers[i];
if (statuses[i]) {
// If not already whitelisted, add to whitelist
if (!whitelist[supplier]) {
whitelist[supplier] = true;
whitelistArray.push(supplier);
whitelistIndexes[supplier] = whitelistArray.length - 1;