Skip to content

Commit

Permalink
Merge branch 'main' into Enacted-true-for-wbtc-collateral-in-arbitrum…
Browse files Browse the repository at this point in the history
…-weth
  • Loading branch information
MishaShWoof authored Jul 15, 2024
2 parents 72fcbcc + 4ffcdb5 commit 409664f
Showing 1 changed file with 158 additions and 0 deletions.
Original file line number Diff line number Diff line change
@@ -0,0 +1,158 @@
import { expect } from 'chai';
import { DeploymentManager } from '../../../../plugins/deployment_manager/DeploymentManager';
import { migration } from '../../../../plugins/deployment_manager/Migration';
import { exp, proposal } from '../../../../src/deploy';


const WBTC_ADDRESS = '0x2260FAC5E5542a773Aa44fBCfeDf7C193bc2C599';
const WBTC_BTC_PRICE_FEED_ADDRESS = '0xfdFD9C85aD200c506Cf9e21F1FD8dd01932FBB23';
const BTC_ETH_PRICE_FEED_ADDRESS = '0xdeb288F737066589598e9214E782fa5A8eD689e8';

export default migration('1718698838_add_wbtc_as_collateral', {
async prepare(deploymentManager: DeploymentManager) {
const wbtcMultiplicativePriceFeed = await deploymentManager.deploy(
'WBTC:priceFeed',
'pricefeeds/MultiplicativePriceFeed.sol',
[
WBTC_BTC_PRICE_FEED_ADDRESS, // WBTC / BTC price feed
BTC_ETH_PRICE_FEED_ADDRESS, // BTC / ETH price feed
8, // decimals
'WBTC / USD price feed'
]
);
return { wbtcPriceFeedAddress: wbtcMultiplicativePriceFeed.address };
},

async enact(deploymentManager: DeploymentManager, _, { wbtcPriceFeedAddress }) {
const trace = deploymentManager.tracer();

const WBTC = await deploymentManager.existing(
'WBTC',
WBTC_ADDRESS,
'mainnet',
'contracts/ERC20.sol:ERC20'
);

const wbtcPricefeed = await deploymentManager.existing(
'WBTC:priceFeed',
wbtcPriceFeedAddress,
'mainnet'
);

const {
governor,
comet,
cometAdmin,
configurator,
} = await deploymentManager.getContracts();

const wbtcAssetConfig = {
asset: WBTC.address,
priceFeed: wbtcPricefeed.address,
decimals: await WBTC.decimals(),
borrowCollateralFactor: exp(0.80, 18),
liquidateCollateralFactor: exp(0.85, 18),
liquidationFactor: exp(0.95, 18),
supplyCap: exp(1_000, 8),
};

const mainnetActions = [
// 1. Add ezETH as asset
{
contract: configurator,
signature: 'addAsset(address,(address,address,uint8,uint64,uint64,uint64,uint128))',
args: [comet.address, wbtcAssetConfig],
},
// 2. Deploy and upgrade to a new version of Comet
{
contract: cometAdmin,
signature: 'deployAndUpgradeTo(address,address)',
args: [configurator.address, comet.address],
},
];

const description = '# Add WBTC as collateral into cWETHv3 on Mainnet\n\n## Proposal summary\n\nCompound Growth Program [AlphaGrowth] proposes to add WBTC into cWETHv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III WETH market on Ethereum. Simulations have confirmed the market’s readiness, as much as possible, using the [Comet scenario suite](https://github.com/compound-finance/comet/tree/main/scenario). The new parameters include setting the risk parameters based off of the [recommendations from Gauntlet](https://www.comp.xyz/t/add-wbtc-to-weth-comets-on-ethereum-and-arbitrum/5332/1).\n\nFurther detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/868) and [forum discussion](https://www.comp.xyz/t/add-wbtc-to-weth-comets-on-ethereum-and-arbitrum/5332).\n\n\n## Proposal Actions\n\nThe first proposal action adds WBTC asset as collateral with the corresponding configuration.\n\nThe second action deploys and upgrades Comet to a new version.';
const txn = await deploymentManager.retry(async () =>
trace(
await governor.propose(...(await proposal(mainnetActions, description)))
)
);

const event = txn.events.find(
(event) => event.event === 'ProposalCreated'
);
const [proposalId] = event.args;
trace(`Created proposal ${proposalId}.`);
},

async enacted(deploymentManager: DeploymentManager): Promise<boolean> {
return true;
},

async verify(deploymentManager: DeploymentManager) {
const { comet, configurator } = await deploymentManager.getContracts();

const wbtcAssetIndex = Number(await comet.numAssets()) - 1;

const WBTC = await deploymentManager.existing(
'WBTC',
WBTC_ADDRESS,
'mainnet',
'contracts/ERC20.sol:ERC20'
);

const wbtcAssetConfig = {
asset: WBTC.address,
priceFeed: '',
decimals: await WBTC.decimals(),
borrowCollateralFactor: exp(0.80, 18),
liquidateCollateralFactor: exp(0.85, 18),
liquidationFactor: exp(0.95, 18),
supplyCap: exp(1_000, 8),
};

// 1. & 2. Compare WBTC asset config with Comet and Configurator asset info
const cometWBTCHAssetInfo = await comet.getAssetInfoByAddress(
WBTC_ADDRESS
);

expect(wbtcAssetIndex).to.be.equal(cometWBTCHAssetInfo.offset);
expect(wbtcAssetConfig.asset).to.be.equal(cometWBTCHAssetInfo.asset);
expect(exp(1, wbtcAssetConfig.decimals)).to.be.equal(
cometWBTCHAssetInfo.scale
);
expect(wbtcAssetConfig.borrowCollateralFactor).to.be.equal(
cometWBTCHAssetInfo.borrowCollateralFactor
);
expect(wbtcAssetConfig.liquidateCollateralFactor).to.be.equal(
cometWBTCHAssetInfo.liquidateCollateralFactor
);
expect(wbtcAssetConfig.liquidationFactor).to.be.equal(
cometWBTCHAssetInfo.liquidationFactor
);
expect(wbtcAssetConfig.supplyCap).to.be.equal(
cometWBTCHAssetInfo.supplyCap
);
const configuratorEsETHAssetConfig = (
await configurator.getConfiguration(comet.address)
).assetConfigs[wbtcAssetIndex];
expect(wbtcAssetConfig.asset).to.be.equal(
configuratorEsETHAssetConfig.asset
);
expect(wbtcAssetConfig.decimals).to.be.equal(
configuratorEsETHAssetConfig.decimals
);
expect(wbtcAssetConfig.borrowCollateralFactor).to.be.equal(
configuratorEsETHAssetConfig.borrowCollateralFactor
);
expect(wbtcAssetConfig.liquidateCollateralFactor).to.be.equal(
configuratorEsETHAssetConfig.liquidateCollateralFactor
);
expect(wbtcAssetConfig.liquidationFactor).to.be.equal(
configuratorEsETHAssetConfig.liquidationFactor
);
expect(wbtcAssetConfig.supplyCap).to.be.equal(
configuratorEsETHAssetConfig.supplyCap
);
},
});

0 comments on commit 409664f

Please sign in to comment.