// SPDX-License-Identifier: BSD-3-Clause pragma solidity 0.8.19; import "./MToken.sol"; import "./TokenErrorReporter.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 ) public override 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 ) external override 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 ) external override 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 ) external override 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 ) external pure override { // 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 ) external override 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 ) external override 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 ) external view override 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 ) external override 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 ) external override 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 ) external view override 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); } /** * @notice Claim all the rewards accrued by specified holder in all markets * @param holder The address to claim rewards for */ function claimReward(address holder) public { claimReward(holder, allMarkets); } /** * @notice Claim all the rewards accrued by holder in the specified markets * @param holder The address to claim rewards for * @param mTokens The list of markets to claim rewards in */ function claimReward(address holder, MToken[] memory mTokens) public { address[] memory holders = new address[](1); holders[0] = holder; claimReward(holders, mTokens, true, true); } /** * @notice Claim all rewards for a specified group of users, tokens, and market sides * @param holders The addresses to claim for * @param mTokens The list of markets to claim in * @param borrowers Whether or not to claim earned by borrowing * @param suppliers Whether or not to claim earned by supplying */ function claimReward( address[] memory holders, MToken[] memory mTokens, bool borrowers, bool suppliers ) public { require( address(rewardDistributor) != address(0), "No reward distributor configured!" ); for (uint i = 0; i < mTokens.length; i++) { // Safety check that the supplied mTokens are active/listed MToken mToken = mTokens[i]; require(markets[address(mToken)].isListed, "market must be listed"); // Disburse supply side if (suppliers == true) { rewardDistributor.updateMarketSupplyIndex(mToken); for ( uint holderIndex = 0; holderIndex < holders.length; holderIndex++ ) { rewardDistributor.disburseSupplierRewards( mToken, holders[holderIndex], true ); } } // Disburse borrow side if (borrowers == true) { rewardDistributor.updateMarketBorrowIndex(mToken); for ( uint holderIndex = 0; holderIndex < holders.length; holderIndex++ ) { rewardDistributor.disburseBorrowerRewards( mToken, holders[holderIndex], true ); } } } } /** * @notice Return all of the markets * @dev The automatic getter may be used to access an individual market. * @return The list of market addresses */ function getAllMarkets() public view returns (MToken[] memory) { return allMarkets; } function getBlockTimestamp() public view returns (uint) { return block.timestamp; } /** * @dev Prevents a contract from calling itself, directly or indirectly. * Calling a `nonReentrant` function from another `nonReentrant` * function is not supported. It is possible to prevent this from happening * by making the `nonReentrant` function external, and make it call a * `private` function that does the actual work. */ modifier nonReentrant() { // On the first call to nonReentrant, _notEntered will be true require(_locked != 1, "ReentrancyGuard: reentrant call"); // Any calls to nonReentrant after this point will fail _locked = 1; _; // By storing the original value once again, a refund is triggered (see // https://eips.ethereum.org/EIPS/eip-2200) _locked = 0; } }