On-chain add osETH collateral to WETH Mainnet market (compound-financ…

…e#871)

deployments/mainnet/weth/migrations/1718974114_add_oseth_collateral.ts

@@ -0,0 +1,153 @@
+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 OSETH_ADDRESS = '0xf1C9acDc66974dFB6dEcB12aA385b9cD01190E38';
+const OSETH_PRICE_FEED_ADDRESS = '0x8023518b2192FB5384DAdc596765B3dD1cdFe471';
+
+export default migration('1718974114_add_oseth_collateral', {
+  async prepare(deploymentManager: DeploymentManager) {
+    const _osETHScalingPriceFeed = await deploymentManager.deploy(
+      'osETH:priceFeed',
+      'pricefeeds/ScalingPriceFeed.sol',
+      [
+        OSETH_PRICE_FEED_ADDRESS, // osETH / ETH price feed
+        8                         // decimals
+      ]
+    );
+    return { osETHScalingPriceFeed: _osETHScalingPriceFeed.address };
+  },
+
+  async enact(deploymentManager: DeploymentManager, _, { osETHScalingPriceFeed }) {
+
+    const trace = deploymentManager.tracer();
+
+    const osETH = await deploymentManager.existing(
+      'osETH',
+      OSETH_ADDRESS,
+      'mainnet',
+      'contracts/ERC20.sol:ERC20'
+    );
+    const osEthPricefeed = await deploymentManager.existing(
+      'osETH:priceFeed',
+      osETHScalingPriceFeed,
+      'mainnet'
+    );
+
+    const {
+      governor,
+      comet,
+      cometAdmin,
+      configurator,
+    } = await deploymentManager.getContracts();
+
+    const osETHAssetConfig = {
+      asset: osETH.address,
+      priceFeed: osEthPricefeed.address,
+      decimals: await osETH.decimals(),
+      borrowCollateralFactor: exp(0.80, 18),
+      liquidateCollateralFactor: exp(0.85, 18),
+      liquidationFactor: exp(0.9, 18),
+      supplyCap: exp(10_000, 18),
+    };
+
+    const mainnetActions = [
+      // 1. Add osETH as asset
+      {
+        contract: configurator,
+        signature: 'addAsset(address,(address,address,uint8,uint64,uint64,uint64,uint128))',
+        args: [comet.address, osETHAssetConfig],
+      },
+      // 2. Deploy and upgrade to a new version of Comet
+      {
+        contract: cometAdmin,
+        signature: 'deployAndUpgradeTo(address,address)',
+        args: [configurator.address, comet.address],
+      },
+    ];
+
+    const description = '# Add osETH as collateral into cWETHv3 on Mainnet\n\n## Proposal summary\n\nCompound Growth Program [AlphaGrowth] proposes to add osETH 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 on the [recommendations from Gauntlet osETH](https://www.comp.xyz/t/add-oseth-as-a-collateral-on-ethereum-mainnet/5272/2).\n\nFurther detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/871) and [forum discussion osETH](https://www.comp.xyz/t/add-oseth-as-a-collateral-on-ethereum-mainnet/5272).\n\n## Price feed\n\nChainlink does not have osETH/ETH price feed on their website, however, Chainlink team ensured us that this address is the native exchange rate [price feed](https://etherscan.io/address/0x8023518b2192FB5384DAdc596765B3dD1cdFe471)\n\n\n## Proposal Actions\n\nThe first action adds osETH asset as collateral with corresponding configurations.\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 false;
+  },
+
+  async verify(deploymentManager: DeploymentManager) {
+    const { comet, configurator } = await deploymentManager.getContracts();
+
+    const osETHAssetIndex = Number(await comet.numAssets()) - 1;
+
+    const osETH = await deploymentManager.existing(
+      'osETH',
+      OSETH_ADDRESS,
+      'mainnet',
+      'contracts/ERC20.sol:ERC20'
+    );
+    const osETHAssetConfig = {
+      asset: osETH.address,
+      priceFeed: '',
+      decimals: await osETH.decimals(),
+      borrowCollateralFactor: exp(0.80, 18),
+      liquidateCollateralFactor: exp(0.85, 18),
+      liquidationFactor: exp(0.9, 18),
+      supplyCap: exp(10_000, 18), // 10_000
+    };
+
+    // 1. Compare osETH asset config with Comet and Configurator asset info
+    const cometOsETHAssetInfo = await comet.getAssetInfoByAddress(
+      OSETH_ADDRESS
+    );
+    expect(osETHAssetIndex).to.be.equal(cometOsETHAssetInfo.offset);
+    expect(osETHAssetConfig.asset).to.be.equal(cometOsETHAssetInfo.asset);
+    expect(exp(1, osETHAssetConfig.decimals)).to.be.equal(
+      cometOsETHAssetInfo.scale
+    );
+    expect(osETHAssetConfig.borrowCollateralFactor).to.be.equal(
+      cometOsETHAssetInfo.borrowCollateralFactor
+    );
+    expect(osETHAssetConfig.liquidateCollateralFactor).to.be.equal(
+      cometOsETHAssetInfo.liquidateCollateralFactor
+    );
+    expect(osETHAssetConfig.liquidationFactor).to.be.equal(
+      cometOsETHAssetInfo.liquidationFactor
+    );
+    expect(osETHAssetConfig.supplyCap).to.be.equal(
+      cometOsETHAssetInfo.supplyCap
+    );
+
+    const configuratorOsETHAssetConfig = (
+      await configurator.getConfiguration(comet.address)
+    ).assetConfigs[osETHAssetIndex];
+    expect(osETHAssetConfig.asset).to.be.equal(
+      configuratorOsETHAssetConfig.asset
+    );
+    expect(osETHAssetConfig.decimals).to.be.equal(
+      configuratorOsETHAssetConfig.decimals
+    );
+    expect(osETHAssetConfig.borrowCollateralFactor).to.be.equal(
+      configuratorOsETHAssetConfig.borrowCollateralFactor
+    );
+    expect(osETHAssetConfig.liquidateCollateralFactor).to.be.equal(
+      configuratorOsETHAssetConfig.liquidateCollateralFactor
+    );
+    expect(osETHAssetConfig.liquidationFactor).to.be.equal(
+      configuratorOsETHAssetConfig.liquidationFactor
+    );
+    expect(osETHAssetConfig.supplyCap).to.be.equal(
+      configuratorOsETHAssetConfig.supplyCap
+    );
+  },
+});

deployments/mainnet/weth/relations.ts

@@ -29,5 +29,5 @@ export default {
         slot: '0x360894a13ba1a3210667c828492db98dca3e2076cc3735a920a3ca505d382bbc'
       }
     }
-  }
+  },
 };