diff --git a/deployments/mainnet/weth/migrations/1722853005_add_rsweth_as_collateral.ts b/deployments/mainnet/weth/migrations/1722853005_add_rsweth_as_collateral.ts new file mode 100644 index 000000000..099c219f3 --- /dev/null +++ b/deployments/mainnet/weth/migrations/1722853005_add_rsweth_as_collateral.ts @@ -0,0 +1,132 @@ +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 RSWETH_ADDRESS = '0xFAe103DC9cf190eD75350761e95403b7b8aFa6c0'; +let newPriceFeedAddress: string; + +export default migration('1722853005_add_rsweth_as_collateral', { + async prepare(deploymentManager: DeploymentManager) { + const _rswETHPriceFeed = await deploymentManager.deploy( + 'rswETH:priceFeed', + 'pricefeeds/RateBasedScalingPriceFeed.sol', + [ + RSWETH_ADDRESS, // rswETH / ETH price feed + 8, // decimals + 18, // oracleDecimals + 'rswETH/ETH exchange rate price feed', // description + ] + ); + return { rswETHPriceFeed: _rswETHPriceFeed.address }; + }, + + async enact(deploymentManager: DeploymentManager, _, { rswETHPriceFeed }) { + + const trace = deploymentManager.tracer(); + + const rswETH = await deploymentManager.existing( + 'rswETH', + RSWETH_ADDRESS, + 'mainnet', + 'contracts/ERC20.sol:ERC20' + ); + const rswEthPricefeed = await deploymentManager.existing( + 'rswETH:priceFeed', + rswETHPriceFeed, + 'mainnet' + ); + + newPriceFeedAddress = rswEthPricefeed.address; + + const { + governor, + comet, + cometAdmin, + configurator, + } = await deploymentManager.getContracts(); + + const rswETHAssetConfig = { + asset: rswETH.address, + priceFeed: rswEthPricefeed.address, + decimals: await rswETH.decimals(), + borrowCollateralFactor: exp(0.80, 18), + liquidateCollateralFactor: exp(0.85, 18), + liquidationFactor: exp(0.9, 18), + supplyCap: exp(1_000, 18), + }; + + const mainnetActions = [ + // 1. Add rswETH as asset + { + contract: configurator, + signature: 'addAsset(address,(address,address,uint8,uint64,uint64,uint64,uint128))', + args: [comet.address, rswETHAssetConfig], + }, + // 2. Deploy and upgrade to a new version of Comet + { + contract: cometAdmin, + signature: 'deployAndUpgradeTo(address,address)', + args: [configurator.address, comet.address], + }, + ]; + + const description = '# Add rswETH as collateral into cWETHv3 on Mainnet\n\n## Proposal summary\n\nCompound Growth Program [AlphaGrowth] proposes to add rswETH 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](https://www.comp.xyz/t/add-rsweth-as-collateral-to-eth-market-on-mainnet/5308/3).\n\nFurther detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/885) and [forum discussion](https://www.comp.xyz/t/add-rsweth-as-collateral-to-eth-market-on-mainnet/5308).\n\n\n## Proposal Actions\n\nThe first proposal action adds rswETH 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(): Promise { + return true; + }, + + async verify(deploymentManager: DeploymentManager) { + const { comet, configurator } = await deploymentManager.getContracts(); + + const rswETHAssetIndex = Number(await comet.numAssets()) - 1; + + const rswETH = await deploymentManager.existing( + 'rswETH', + RSWETH_ADDRESS, + 'mainnet', + 'contracts/ERC20.sol:ERC20' + ); + + const rswETHAssetConfig = { + asset: rswETH.address, + priceFeed: newPriceFeedAddress, + decimals: await rswETH.decimals(), + borrowCollateralFactor: exp(0.80, 18), + liquidateCollateralFactor: exp(0.85, 18), + liquidationFactor: exp(0.9, 18), + supplyCap: exp(1_000, 18), + }; + + // 1. Compare rswETH asset config with Comet and Configurator asset info + const cometRswETHAssetInfo = await comet.getAssetInfoByAddress(RSWETH_ADDRESS); + expect(rswETHAssetIndex).to.be.equal(cometRswETHAssetInfo.offset); + expect(rswETHAssetConfig.asset).to.be.equal(cometRswETHAssetInfo.asset); + expect(exp(1, rswETHAssetConfig.decimals)).to.be.equal(cometRswETHAssetInfo.scale); + expect(rswETHAssetConfig.borrowCollateralFactor).to.be.equal(cometRswETHAssetInfo.borrowCollateralFactor); + expect(rswETHAssetConfig.liquidateCollateralFactor).to.be.equal(cometRswETHAssetInfo.liquidateCollateralFactor); + expect(rswETHAssetConfig.liquidationFactor).to.be.equal(cometRswETHAssetInfo.liquidationFactor); + expect(rswETHAssetConfig.supplyCap).to.be.equal(cometRswETHAssetInfo.supplyCap); + + const configuratorRswETHAssetConfig = (await configurator.getConfiguration(comet.address)).assetConfigs[rswETHAssetIndex]; + expect(rswETHAssetConfig.asset).to.be.equal(configuratorRswETHAssetConfig.asset); + expect(rswETHAssetConfig.decimals).to.be.equal(configuratorRswETHAssetConfig.decimals); + expect(rswETHAssetConfig.borrowCollateralFactor).to.be.equal(configuratorRswETHAssetConfig.borrowCollateralFactor); + expect(rswETHAssetConfig.liquidateCollateralFactor).to.be.equal(configuratorRswETHAssetConfig.liquidateCollateralFactor); + expect(rswETHAssetConfig.liquidationFactor).to.be.equal(configuratorRswETHAssetConfig.liquidationFactor); + expect(rswETHAssetConfig.supplyCap).to.be.equal(configuratorRswETHAssetConfig.supplyCap); + }, +});