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ContractCreator
TokenTracker
Latest 6 from a total of 6 transactions
| Transaction Hash |
|
Block
|
From
|
To
|
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|---|---|---|---|---|---|---|---|---|---|
| Harvest | 113684071 | 780 days ago | IN | 0 ETH | 0.000070682317 | ||||
| Set Strategist | 110770563 | 847 days ago | IN | 0 ETH | 0.000011557172 | ||||
| Set Max Report D... | 110770487 | 847 days ago | IN | 0 ETH | 0.000015044083 | ||||
| Set Keeper | 110770455 | 847 days ago | IN | 0 ETH | 0.000015955062 | ||||
| Set Rewards | 110770429 | 847 days ago | IN | 0 ETH | 0.000011000246 | ||||
| 0x5797b707 | 110769745 | 847 days ago | IN | 0 ETH | 0.000017542454 |
Latest 1 internal transaction
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| Parent Transaction Hash | Block | From | To | |||
|---|---|---|---|---|---|---|
| 110769666 | 847 days ago | Contract Creation | 0 ETH |
Cross-Chain Transactions
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Minimal Proxy Contract for 0x1e88b832e3e8247c38a088511f0bf243dfa00973
Contract Name:
Strategy
Compiler Version
v0.6.12+commit.27d51765
Contract Source Code (Solidity)
/**
*Submitted for verification at optimistic.etherscan.io on 2023-10-12
*/
// SPDX-License-Identifier: AGPL-3.0
pragma solidity 0.6.12;
pragma experimental ABIEncoderV2;
// File: Address.sol
/**
* @dev Collection of functions related to the address type
*/
library Address {
/**
* @dev Returns true if `account` is a contract.
*
* [IMPORTANT]
* ====
* It is unsafe to assume that an address for which this function returns
* false is an externally-owned account (EOA) and not a contract.
*
* Among others, `isContract` will return false for the following
* types of addresses:
*
* - an externally-owned account
* - a contract in construction
* - an address where a contract will be created
* - an address where a contract lived, but was destroyed
* ====
*/
function isContract(address account) internal view returns (bool) {
// According to EIP-1052, 0x0 is the value returned for not-yet created accounts
// and 0xc5d2460186f7233c927e7db2dcc703c0e500b653ca82273b7bfad8045d85a470 is returned
// for accounts without code, i.e. `keccak256('')`
bytes32 codehash;
bytes32 accountHash = 0xc5d2460186f7233c927e7db2dcc703c0e500b653ca82273b7bfad8045d85a470;
// solhint-disable-next-line no-inline-assembly
assembly { codehash := extcodehash(account) }
return (codehash != accountHash && codehash != 0x0);
}
/**
* @dev Replacement for Solidity's `transfer`: sends `amount` wei to
* `recipient`, forwarding all available gas and reverting on errors.
*
* https://eips.ethereum.org/EIPS/eip-1884[EIP1884] increases the gas cost
* of certain opcodes, possibly making contracts go over the 2300 gas limit
* imposed by `transfer`, making them unable to receive funds via
* `transfer`. {sendValue} removes this limitation.
*
* https://diligence.consensys.net/posts/2019/09/stop-using-soliditys-transfer-now/[Learn more].
*
* IMPORTANT: because control is transferred to `recipient`, care must be
* taken to not create reentrancy vulnerabilities. Consider using
* {ReentrancyGuard} or the
* https://solidity.readthedocs.io/en/v0.5.11/security-considerations.html#use-the-checks-effects-interactions-pattern[checks-effects-interactions pattern].
*/
function sendValue(address payable recipient, uint256 amount) internal {
require(address(this).balance >= amount, "Address: insufficient balance");
// solhint-disable-next-line avoid-low-level-calls, avoid-call-value
(bool success, ) = recipient.call{ value: amount }("");
require(success, "Address: unable to send value, recipient may have reverted");
}
/**
* @dev Performs a Solidity function call using a low level `call`. A
* plain`call` is an unsafe replacement for a function call: use this
* function instead.
*
* If `target` reverts with a revert reason, it is bubbled up by this
* function (like regular Solidity function calls).
*
* Returns the raw returned data. To convert to the expected return value,
* use https://solidity.readthedocs.io/en/latest/units-and-global-variables.html?highlight=abi.decode#abi-encoding-and-decoding-functions[`abi.decode`].
*
* Requirements:
*
* - `target` must be a contract.
* - calling `target` with `data` must not revert.
*
* _Available since v3.1._
*/
function functionCall(address target, bytes memory data) internal returns (bytes memory) {
return functionCall(target, data, "Address: low-level call failed");
}
/**
* @dev Same as {xref-Address-functionCall-address-bytes-}[`functionCall`], but with
* `errorMessage` as a fallback revert reason when `target` reverts.
*
* _Available since v3.1._
*/
function functionCall(address target, bytes memory data, string memory errorMessage) internal returns (bytes memory) {
return _functionCallWithValue(target, data, 0, errorMessage);
}
/**
* @dev Same as {xref-Address-functionCall-address-bytes-}[`functionCall`],
* but also transferring `value` wei to `target`.
*
* Requirements:
*
* - the calling contract must have an ETH balance of at least `value`.
* - the called Solidity function must be `payable`.
*
* _Available since v3.1._
*/
function functionCallWithValue(address target, bytes memory data, uint256 value) internal returns (bytes memory) {
return functionCallWithValue(target, data, value, "Address: low-level call with value failed");
}
/**
* @dev Same as {xref-Address-functionCallWithValue-address-bytes-uint256-}[`functionCallWithValue`], but
* with `errorMessage` as a fallback revert reason when `target` reverts.
*
* _Available since v3.1._
*/
function functionCallWithValue(address target, bytes memory data, uint256 value, string memory errorMessage) internal returns (bytes memory) {
require(address(this).balance >= value, "Address: insufficient balance for call");
return _functionCallWithValue(target, data, value, errorMessage);
}
function _functionCallWithValue(address target, bytes memory data, uint256 weiValue, string memory errorMessage) private returns (bytes memory) {
require(isContract(target), "Address: call to non-contract");
// solhint-disable-next-line avoid-low-level-calls
(bool success, bytes memory returndata) = target.call{ value: weiValue }(data);
if (success) {
return returndata;
} else {
// Look for revert reason and bubble it up if present
if (returndata.length > 0) {
// The easiest way to bubble the revert reason is using memory via assembly
// solhint-disable-next-line no-inline-assembly
assembly {
let returndata_size := mload(returndata)
revert(add(32, returndata), returndata_size)
}
} else {
revert(errorMessage);
}
}
}
}
// File: IERC20.sol
/**
* @dev Interface of the ERC20 standard as defined in the EIP.
*/
interface IERC20 {
/**
* @dev Returns the amount of tokens in existence.
*/
function totalSupply() external view returns (uint256);
/**
* @dev Returns the amount of tokens owned by `account`.
*/
function balanceOf(address account) external view returns (uint256);
/**
* @dev Moves `amount` tokens from the caller's account to `recipient`.
*
* Returns a boolean value indicating whether the operation succeeded.
*
* Emits a {Transfer} event.
*/
function transfer(address recipient, uint256 amount) external returns (bool);
/**
* @dev Returns the remaining number of tokens that `spender` will be
* allowed to spend on behalf of `owner` through {transferFrom}. This is
* zero by default.
*
* This value changes when {approve} or {transferFrom} are called.
*/
function allowance(address owner, address spender) external view returns (uint256);
/**
* @dev Sets `amount` as the allowance of `spender` over the caller's tokens.
*
* Returns a boolean value indicating whether the operation succeeded.
*
* IMPORTANT: Beware that changing an allowance with this method brings the risk
* that someone may use both the old and the new allowance by unfortunate
* transaction ordering. One possible solution to mitigate this race
* condition is to first reduce the spender's allowance to 0 and set the
* desired value afterwards:
* https://github.com/ethereum/EIPs/issues/20#issuecomment-263524729
*
* Emits an {Approval} event.
*/
function approve(address spender, uint256 amount) external returns (bool);
/**
* @dev Moves `amount` tokens from `sender` to `recipient` using the
* allowance mechanism. `amount` is then deducted from the caller's
* allowance.
*
* Returns a boolean value indicating whether the operation succeeded.
*
* Emits a {Transfer} event.
*/
function transferFrom(address sender, address recipient, uint256 amount) external returns (bool);
/**
* @dev Emitted when `value` tokens are moved from one account (`from`) to
* another (`to`).
*
* Note that `value` may be zero.
*/
event Transfer(address indexed from, address indexed to, uint256 value);
/**
* @dev Emitted when the allowance of a `spender` for an `owner` is set by
* a call to {approve}. `value` is the new allowance.
*/
event Approval(address indexed owner, address indexed spender, uint256 value);
}
// File: IVelodromeRouter.sol
interface IVelodromeRouter {
struct route {
address from;
address to;
bool stable;
address factory;
}
function sortTokens(address tokenA, address tokenB) external pure returns (address token0, address token1);
// calculates the CREATE2 address for a pair without making any external calls
/// @notice Wraps around poolFor(tokenA,tokenB,stable,_factory) for backwards compatibility to Velodrome v1
function pairFor(address tokenA, address tokenB, bool stable, address _factory) external view returns (address pool);
// fetches and sorts the reserves for a pair
function getReserves(address tokenA, address tokenB, bool stable, address _factory) external view returns (uint reserveA, uint reserveB);
// performs chained getAmountOut calculations on any number of pairs
function getAmountsOut(uint amountIn, route[] memory routes) external view returns (uint[] memory amounts);
function swapExactTokensForTokens(
uint amountIn,
uint amountOutMin,
route[] calldata routes,
address to,
uint deadline
) external returns (uint[] memory amounts);
function swapExactETHForTokens(uint amountOutMin, route[] calldata routes, address to, uint deadline)
external
payable
returns (uint[] memory amounts);
function swapExactTokensForETH(uint amountIn, uint amountOutMin, route[] calldata routes, address to, uint deadline)
external
returns (uint[] memory amounts);
function UNSAFE_swapExactTokensForTokens(
uint[] memory amounts,
route[] calldata routes,
address to,
uint deadline
) external returns (uint[] memory);
}
// File: InterestRateModel.sol
interface InterestRateModel {
/**
* @notice Calculates the current borrow interest rate per block
* @param cash The total amount of cash the market has
* @param borrows The total amount of borrows the market has outstanding
* @param reserves The total amount of reserves the market has
* @return The borrow rate per block (as a percentage, and scaled by 1e18)
*/
function getBorrowRate(
uint256 cash,
uint256 borrows,
uint256 reserves
) external view returns (uint256, uint256);
/**
* @notice Calculates the current supply interest rate per block
* @param cash The total amount of cash the market has
* @param borrows The total amount of borrows the market has outstanding
* @param reserves The total amount of reserves the market has
* @param reserveFactorMantissa The current reserve factor the market has
* @return The supply rate per block (as a percentage, and scaled by 1e18)
*/
function getSupplyRate(
uint256 cash,
uint256 borrows,
uint256 reserves,
uint256 reserveFactorMantissa
) external view returns (uint256);
}
// File: Math.sol
/**
* @dev Standard math utilities missing in the Solidity language.
*/
library Math {
/**
* @dev Returns the largest of two numbers.
*/
function max(uint256 a, uint256 b) internal pure returns (uint256) {
return a >= b ? a : b;
}
/**
* @dev Returns the smallest of two numbers.
*/
function min(uint256 a, uint256 b) internal pure returns (uint256) {
return a < b ? a : b;
}
/**
* @dev Returns the average of two numbers. The result is rounded towards
* zero.
*/
function average(uint256 a, uint256 b) internal pure returns (uint256) {
// (a + b) / 2 can overflow, so we distribute
return (a / 2) + (b / 2) + ((a % 2 + b % 2) / 2);
}
}
// File: SafeMath.sol
/**
* @dev Wrappers over Solidity's arithmetic operations with added overflow
* checks.
*
* Arithmetic operations in Solidity wrap on overflow. This can easily result
* in bugs, because programmers usually assume that an overflow raises an
* error, which is the standard behavior in high level programming languages.
* `SafeMath` restores this intuition by reverting the transaction when an
* operation overflows.
*
* Using this library instead of the unchecked operations eliminates an entire
* class of bugs, so it's recommended to use it always.
*/
library SafeMath {
/**
* @dev Returns the addition of two unsigned integers, reverting on
* overflow.
*
* Counterpart to Solidity's `+` operator.
*
* Requirements:
*
* - Addition cannot overflow.
*/
function add(uint256 a, uint256 b) internal pure returns (uint256) {
uint256 c = a + b;
require(c >= a, "SafeMath: addition overflow");
return c;
}
/**
* @dev Returns the subtraction of two unsigned integers, reverting on
* overflow (when the result is negative).
*
* Counterpart to Solidity's `-` operator.
*
* Requirements:
*
* - Subtraction cannot overflow.
*/
function sub(uint256 a, uint256 b) internal pure returns (uint256) {
return sub(a, b, "SafeMath: subtraction overflow");
}
/**
* @dev Returns the subtraction of two unsigned integers, reverting with custom message on
* overflow (when the result is negative).
*
* Counterpart to Solidity's `-` operator.
*
* Requirements:
*
* - Subtraction cannot overflow.
*/
function sub(uint256 a, uint256 b, string memory errorMessage) internal pure returns (uint256) {
require(b <= a, errorMessage);
uint256 c = a - b;
return c;
}
/**
* @dev Returns the multiplication of two unsigned integers, reverting on
* overflow.
*
* Counterpart to Solidity's `*` operator.
*
* Requirements:
*
* - Multiplication cannot overflow.
*/
function mul(uint256 a, uint256 b) internal pure returns (uint256) {
// Gas optimization: this is cheaper than requiring 'a' not being zero, but the
// benefit is lost if 'b' is also tested.
// See: https://github.com/OpenZeppelin/openzeppelin-contracts/pull/522
if (a == 0) {
return 0;
}
uint256 c = a * b;
require(c / a == b, "SafeMath: multiplication overflow");
return c;
}
/**
* @dev Returns the integer division of two unsigned integers. Reverts on
* division by zero. The result is rounded towards zero.
*
* Counterpart to Solidity's `/` operator. Note: this function uses a
* `revert` opcode (which leaves remaining gas untouched) while Solidity
* uses an invalid opcode to revert (consuming all remaining gas).
*
* Requirements:
*
* - The divisor cannot be zero.
*/
function div(uint256 a, uint256 b) internal pure returns (uint256) {
return div(a, b, "SafeMath: division by zero");
}
/**
* @dev Returns the integer division of two unsigned integers. Reverts with custom message on
* division by zero. The result is rounded towards zero.
*
* Counterpart to Solidity's `/` operator. Note: this function uses a
* `revert` opcode (which leaves remaining gas untouched) while Solidity
* uses an invalid opcode to revert (consuming all remaining gas).
*
* Requirements:
*
* - The divisor cannot be zero.
*/
function div(uint256 a, uint256 b, string memory errorMessage) internal pure returns (uint256) {
require(b > 0, errorMessage);
uint256 c = a / b;
// assert(a == b * c + a % b); // There is no case in which this doesn't hold
return c;
}
/**
* @dev Returns the remainder of dividing two unsigned integers. (unsigned integer modulo),
* Reverts when dividing by zero.
*
* Counterpart to Solidity's `%` operator. This function uses a `revert`
* opcode (which leaves remaining gas untouched) while Solidity uses an
* invalid opcode to revert (consuming all remaining gas).
*
* Requirements:
*
* - The divisor cannot be zero.
*/
function mod(uint256 a, uint256 b) internal pure returns (uint256) {
return mod(a, b, "SafeMath: modulo by zero");
}
/**
* @dev Returns the remainder of dividing two unsigned integers. (unsigned integer modulo),
* Reverts with custom message when dividing by zero.
*
* Counterpart to Solidity's `%` operator. This function uses a `revert`
* opcode (which leaves remaining gas untouched) while Solidity uses an
* invalid opcode to revert (consuming all remaining gas).
*
* Requirements:
*
* - The divisor cannot be zero.
*/
function mod(uint256 a, uint256 b, string memory errorMessage) internal pure returns (uint256) {
require(b != 0, errorMessage);
return a % b;
}
}
// File: CTokenI.sol
interface CTokenI {
/*** Market Events ***/
/**
* @notice Event emitted when interest is accrued
*/
event AccrueInterest(uint256 cashPrior, uint256 interestAccumulated, uint256 borrowIndex, uint256 totalBorrows);
/**
* @notice Event emitted when tokens are minted
*/
event Mint(address minter, uint256 mintAmount, uint256 mintTokens);
/**
* @notice Event emitted when tokens are redeemed
*/
event Redeem(address redeemer, uint256 redeemAmount, uint256 redeemTokens);
/**
* @notice Event emitted when underlying is borrowed
*/
event Borrow(address borrower, uint256 borrowAmount, uint256 accountBorrows, uint256 totalBorrows);
/**
* @notice Event emitted when a borrow is repaid
*/
event RepayBorrow(address payer, address borrower, uint256 repayAmount, uint256 accountBorrows, uint256 totalBorrows);
/**
* @notice Event emitted when a borrow is liquidated
*/
event LiquidateBorrow(address liquidator, address borrower, uint256 repayAmount, address cTokenCollateral, uint256 seizeTokens);
/*** Admin Events ***/
/**
* @notice Event emitted when pendingAdmin is changed
*/
event NewPendingAdmin(address oldPendingAdmin, address newPendingAdmin);
/**
* @notice Event emitted when pendingAdmin is accepted, which means admin is updated
*/
event NewAdmin(address oldAdmin, address newAdmin);
/**
* @notice Event emitted when the reserve factor is changed
*/
event NewReserveFactor(uint256 oldReserveFactorMantissa, uint256 newReserveFactorMantissa);
/**
* @notice Event emitted when the reserves are added
*/
event ReservesAdded(address benefactor, uint256 addAmount, uint256 newTotalReserves);
/**
* @notice Event emitted when the reserves are reduced
*/
event ReservesReduced(address admin, uint256 reduceAmount, uint256 newTotalReserves);
/**
* @notice EIP20 Transfer event
*/
event Transfer(address indexed from, address indexed to, uint256 amount);
/**
* @notice EIP20 Approval event
*/
event Approval(address indexed owner, address indexed spender, uint256 amount);
/**
* @notice Failure event
*/
event Failure(uint256 error, uint256 info, uint256 detail);
function transfer(address dst, uint256 amount) external returns (bool);
function transferFrom(
address src,
address dst,
uint256 amount
) external returns (bool);
function approve(address spender, uint256 amount) external returns (bool);
function allowance(address owner, address spender) external view returns (uint256);
function balanceOf(address owner) external view returns (uint256);
function balanceOfUnderlying(address owner) external returns (uint256);
function getAccountSnapshot(address account)
external
view
returns (
uint256,
uint256,
uint256,
uint256
);
function borrowRatePerBlock() external view returns (uint256);
function supplyRatePerBlock() external view returns (uint256);
function totalBorrowsCurrent() external returns (uint256);
function borrowBalanceCurrent(address account) external returns (uint256);
function borrowBalanceStored(address account) external view returns (uint256);
function exchangeRateCurrent() external returns (uint256);
function accrualBlockNumber() external view returns (uint256);
function exchangeRateStored() external view returns (uint256);
function getCash() external view returns (uint256);
function accrueInterest() external returns (uint256);
function interestRateModel() external view returns (InterestRateModel);
function totalReserves() external view returns (uint256);
function reserveFactorMantissa() external view returns (uint256);
function seize(
address liquidator,
address borrower,
uint256 seizeTokens
) external returns (uint256);
function totalBorrows() external view returns (uint256);
function totalSupply() external view returns (uint256);
}
// File: SafeERC20.sol
/**
* @title SafeERC20
* @dev Wrappers around ERC20 operations that throw on failure (when the token
* contract returns false). Tokens that return no value (and instead revert or
* throw on failure) are also supported, non-reverting calls are assumed to be
* successful.
* To use this library you can add a `using SafeERC20 for IERC20;` statement to your contract,
* which allows you to call the safe operations as `token.safeTransfer(...)`, etc.
*/
library SafeERC20 {
using SafeMath for uint256;
using Address for address;
function safeTransfer(IERC20 token, address to, uint256 value) internal {
_callOptionalReturn(token, abi.encodeWithSelector(token.transfer.selector, to, value));
}
function safeTransferFrom(IERC20 token, address from, address to, uint256 value) internal {
_callOptionalReturn(token, abi.encodeWithSelector(token.transferFrom.selector, from, to, value));
}
/**
* @dev Deprecated. This function has issues similar to the ones found in
* {IERC20-approve}, and its usage is discouraged.
*
* Whenever possible, use {safeIncreaseAllowance} and
* {safeDecreaseAllowance} instead.
*/
function safeApprove(IERC20 token, address spender, uint256 value) internal {
// safeApprove should only be called when setting an initial allowance,
// or when resetting it to zero. To increase and decrease it, use
// 'safeIncreaseAllowance' and 'safeDecreaseAllowance'
// solhint-disable-next-line max-line-length
require((value == 0) || (token.allowance(address(this), spender) == 0),
"SafeERC20: approve from non-zero to non-zero allowance"
);
_callOptionalReturn(token, abi.encodeWithSelector(token.approve.selector, spender, value));
}
function safeIncreaseAllowance(IERC20 token, address spender, uint256 value) internal {
uint256 newAllowance = token.allowance(address(this), spender).add(value);
_callOptionalReturn(token, abi.encodeWithSelector(token.approve.selector, spender, newAllowance));
}
function safeDecreaseAllowance(IERC20 token, address spender, uint256 value) internal {
uint256 newAllowance = token.allowance(address(this), spender).sub(value, "SafeERC20: decreased allowance below zero");
_callOptionalReturn(token, abi.encodeWithSelector(token.approve.selector, spender, newAllowance));
}
/**
* @dev Imitates a Solidity high-level call (i.e. a regular function call to a contract), relaxing the requirement
* on the return value: the return value is optional (but if data is returned, it must not be false).
* @param token The token targeted by the call.
* @param data The call data (encoded using abi.encode or one of its variants).
*/
function _callOptionalReturn(IERC20 token, bytes memory data) private {
// We need to perform a low level call here, to bypass Solidity's return data size checking mechanism, since
// we're implementing it ourselves. We use {Address.functionCall} to perform this call, which verifies that
// the target address contains contract code and also asserts for success in the low-level call.
bytes memory returndata = address(token).functionCall(data, "SafeERC20: low-level call failed");
if (returndata.length > 0) { // Return data is optional
// solhint-disable-next-line max-line-length
require(abi.decode(returndata, (bool)), "SafeERC20: ERC20 operation did not succeed");
}
}
}
// File: BaseStrategy.sol
struct StrategyParams {
uint256 performanceFee;
uint256 activation;
uint256 debtRatio;
uint256 minDebtPerHarvest;
uint256 maxDebtPerHarvest;
uint256 lastReport;
uint256 totalDebt;
uint256 totalGain;
uint256 totalLoss;
}
interface VaultAPI is IERC20 {
function name() external view returns (string calldata);
function symbol() external view returns (string calldata);
function decimals() external view returns (uint256);
function apiVersion() external pure returns (string memory);
function permit(
address owner,
address spender,
uint256 amount,
uint256 expiry,
bytes calldata signature
) external returns (bool);
// NOTE: Vyper produces multiple signatures for a given function with "default" args
function deposit() external returns (uint256);
function deposit(uint256 amount) external returns (uint256);
function deposit(uint256 amount, address recipient) external returns (uint256);
// NOTE: Vyper produces multiple signatures for a given function with "default" args
function withdraw() external returns (uint256);
function withdraw(uint256 maxShares) external returns (uint256);
function withdraw(uint256 maxShares, address recipient) external returns (uint256);
function token() external view returns (address);
function strategies(address _strategy) external view returns (StrategyParams memory);
function pricePerShare() external view returns (uint256);
function totalAssets() external view returns (uint256);
function depositLimit() external view returns (uint256);
function maxAvailableShares() external view returns (uint256);
/**
* View how much the Vault would increase this Strategy's borrow limit,
* based on its present performance (since its last report). Can be used to
* determine expectedReturn in your Strategy.
*/
function creditAvailable() external view returns (uint256);
/**
* View how much the Vault would like to pull back from the Strategy,
* based on its present performance (since its last report). Can be used to
* determine expectedReturn in your Strategy.
*/
function debtOutstanding() external view returns (uint256);
/**
* View how much the Vault expect this Strategy to return at the current
* block, based on its present performance (since its last report). Can be
* used to determine expectedReturn in your Strategy.
*/
function expectedReturn() external view returns (uint256);
/**
* This is the main contact point where the Strategy interacts with the
* Vault. It is critical that this call is handled as intended by the
* Strategy. Therefore, this function will be called by BaseStrategy to
* make sure the integration is correct.
*/
function report(
uint256 _gain,
uint256 _loss,
uint256 _debtPayment
) external returns (uint256);
/**
* This function should only be used in the scenario where the Strategy is
* being retired but no migration of the positions are possible, or in the
* extreme scenario that the Strategy needs to be put into "Emergency Exit"
* mode in order for it to exit as quickly as possible. The latter scenario
* could be for any reason that is considered "critical" that the Strategy
* exits its position as fast as possible, such as a sudden change in
* market conditions leading to losses, or an imminent failure in an
* external dependency.
*/
function revokeStrategy() external;
/**
* View the governance address of the Vault to assert privileged functions
* can only be called by governance. The Strategy serves the Vault, so it
* is subject to governance defined by the Vault.
*/
function governance() external view returns (address);
/**
* View the management address of the Vault to assert privileged functions
* can only be called by management. The Strategy serves the Vault, so it
* is subject to management defined by the Vault.
*/
function management() external view returns (address);
/**
* View the guardian address of the Vault to assert privileged functions
* can only be called by guardian. The Strategy serves the Vault, so it
* is subject to guardian defined by the Vault.
*/
function guardian() external view returns (address);
}
/**
* This interface is here for the keeper bot to use.
*/
interface StrategyAPI {
function name() external view returns (string memory);
function vault() external view returns (address);
function want() external view returns (address);
function apiVersion() external pure returns (string memory);
function keeper() external view returns (address);
function isActive() external view returns (bool);
function delegatedAssets() external view returns (uint256);
function estimatedTotalAssets() external view returns (uint256);
function tendTrigger(uint256 callCost) external view returns (bool);
function tend() external;
function harvestTrigger(uint256 callCost) external view returns (bool);
function harvest() external;
event Harvested(uint256 profit, uint256 loss, uint256 debtPayment, uint256 debtOutstanding);
}
interface HealthCheck {
function check(
uint256 profit,
uint256 loss,
uint256 debtPayment,
uint256 debtOutstanding,
uint256 totalDebt
) external view returns (bool);
}
/**
* @title Yearn Base Strategy
* @author yearn.finance
* @notice
* BaseStrategy implements all of the required functionality to interoperate
* closely with the Vault contract. This contract should be inherited and the
* abstract methods implemented to adapt the Strategy to the particular needs
* it has to create a return.
*
* Of special interest is the relationship between `harvest()` and
* `vault.report()'. `harvest()` may be called simply because enough time has
* elapsed since the last report, and not because any funds need to be moved
* or positions adjusted. This is critical so that the Vault may maintain an
* accurate picture of the Strategy's performance. See `vault.report()`,
* `harvest()`, and `harvestTrigger()` for further details.
*/
abstract contract BaseStrategy {
using SafeMath for uint256;
using SafeERC20 for IERC20;
string public metadataURI;
// health checks
bool public doHealthCheck;
address public healthCheck;
/**
* @notice
* Used to track which version of `StrategyAPI` this Strategy
* implements.
* @dev The Strategy's version must match the Vault's `API_VERSION`.
* @return A string which holds the current API version of this contract.
*/
function apiVersion() public pure returns (string memory) {
return "0.4.3";
}
/**
* @notice This Strategy's name.
* @dev
* You can use this field to manage the "version" of this Strategy, e.g.
* `StrategySomethingOrOtherV1`. However, "API Version" is managed by
* `apiVersion()` function above.
* @return This Strategy's name.
*/
function name() external view virtual returns (string memory);
/**
* @notice
* The amount (priced in want) of the total assets managed by this strategy should not count
* towards Yearn's TVL calculations.
* @dev
* You can override this field to set it to a non-zero value if some of the assets of this
* Strategy is somehow delegated inside another part of of Yearn's ecosystem e.g. another Vault.
* Note that this value must be strictly less than or equal to the amount provided by
* `estimatedTotalAssets()` below, as the TVL calc will be total assets minus delegated assets.
* Also note that this value is used to determine the total assets under management by this
* strategy, for the purposes of computing the management fee in `Vault`
* @return
* The amount of assets this strategy manages that should not be included in Yearn's Total Value
* Locked (TVL) calculation across it's ecosystem.
*/
function delegatedAssets() external view virtual returns (uint256) {
return 0;
}
VaultAPI public vault;
address public strategist;
address public rewards;
address public keeper;
IERC20 public want;
// So indexers can keep track of this
event Harvested(uint256 profit, uint256 loss, uint256 debtPayment, uint256 debtOutstanding);
event UpdatedStrategist(address newStrategist);
event UpdatedKeeper(address newKeeper);
event UpdatedRewards(address rewards);
event UpdatedMinReportDelay(uint256 delay);
event UpdatedMaxReportDelay(uint256 delay);
event UpdatedProfitFactor(uint256 profitFactor);
event UpdatedDebtThreshold(uint256 debtThreshold);
event EmergencyExitEnabled();
event UpdatedMetadataURI(string metadataURI);
// The minimum number of seconds between harvest calls. See
// `setMinReportDelay()` for more details.
uint256 public minReportDelay;
// The maximum number of seconds between harvest calls. See
// `setMaxReportDelay()` for more details.
uint256 public maxReportDelay;
// The minimum multiple that `callCost` must be above the credit/profit to
// be "justifiable". See `setProfitFactor()` for more details.
uint256 public profitFactor;
// Use this to adjust the threshold at which running a debt causes a
// harvest trigger. See `setDebtThreshold()` for more details.
uint256 public debtThreshold;
// See note on `setEmergencyExit()`.
bool public emergencyExit;
// modifiers
modifier onlyAuthorized() {
require(msg.sender == strategist || msg.sender == governance(), "!authorized");
_;
}
modifier onlyEmergencyAuthorized() {
require(
msg.sender == strategist || msg.sender == governance() || msg.sender == vault.guardian() || msg.sender == vault.management(),
"!authorized"
);
_;
}
modifier onlyStrategist() {
require(msg.sender == strategist, "!strategist");
_;
}
modifier onlyGovernance() {
require(msg.sender == governance(), "!authorized");
_;
}
modifier onlyKeepers() {
require(
msg.sender == keeper ||
msg.sender == strategist ||
msg.sender == governance() ||
msg.sender == vault.guardian() ||
msg.sender == vault.management(),
"!authorized"
);
_;
}
modifier onlyVaultManagers() {
require(msg.sender == vault.management() || msg.sender == governance(), "!authorized");
_;
}
constructor(address _vault) public {
_initialize(_vault, msg.sender, msg.sender, msg.sender);
}
/**
* @notice
* Initializes the Strategy, this is called only once, when the
* contract is deployed.
* @dev `_vault` should implement `VaultAPI`.
* @param _vault The address of the Vault responsible for this Strategy.
* @param _strategist The address to assign as `strategist`.
* The strategist is able to change the reward address
* @param _rewards The address to use for pulling rewards.
* @param _keeper The adddress of the _keeper. _keeper
* can harvest and tend a strategy.
*/
function _initialize(
address _vault,
address _strategist,
address _rewards,
address _keeper
) internal {
require(address(want) == address(0), "Strategy already initialized");
vault = VaultAPI(_vault);
want = IERC20(vault.token());
want.safeApprove(_vault, uint256(-1)); // Give Vault unlimited access (might save gas)
strategist = _strategist;
rewards = _rewards;
keeper = _keeper;
// initialize variables
minReportDelay = 0;
maxReportDelay = 86400;
profitFactor = 100;
debtThreshold = 0;
vault.approve(rewards, uint256(-1)); // Allow rewards to be pulled
}
function setHealthCheck(address _healthCheck) external onlyVaultManagers {
healthCheck = _healthCheck;
}
function setDoHealthCheck(bool _doHealthCheck) external onlyVaultManagers {
doHealthCheck = _doHealthCheck;
}
/**
* @notice
* Used to change `strategist`.
*
* This may only be called by governance or the existing strategist.
* @param _strategist The new address to assign as `strategist`.
*/
function setStrategist(address _strategist) external onlyAuthorized {
require(_strategist != address(0));
strategist = _strategist;
emit UpdatedStrategist(_strategist);
}
/**
* @notice
* Used to change `keeper`.
*
* `keeper` is the only address that may call `tend()` or `harvest()`,
* other than `governance()` or `strategist`. However, unlike
* `governance()` or `strategist`, `keeper` may *only* call `tend()`
* and `harvest()`, and no other authorized functions, following the
* principle of least privilege.
*
* This may only be called by governance or the strategist.
* @param _keeper The new address to assign as `keeper`.
*/
function setKeeper(address _keeper) external onlyAuthorized {
require(_keeper != address(0));
keeper = _keeper;
emit UpdatedKeeper(_keeper);
}
/**
* @notice
* Used to change `rewards`. EOA or smart contract which has the permission
* to pull rewards from the vault.
*
* This may only be called by the strategist.
* @param _rewards The address to use for pulling rewards.
*/
function setRewards(address _rewards) external onlyStrategist {
require(_rewards != address(0));
vault.approve(rewards, 0);
rewards = _rewards;
vault.approve(rewards, uint256(-1));
emit UpdatedRewards(_rewards);
}
/**
* @notice
* Used to change `minReportDelay`. `minReportDelay` is the minimum number
* of blocks that should pass for `harvest()` to be called.
*
* For external keepers (such as the Keep3r network), this is the minimum
* time between jobs to wait. (see `harvestTrigger()`
* for more details.)
*
* This may only be called by governance or the strategist.
* @param _delay The minimum number of seconds to wait between harvests.
*/
function setMinReportDelay(uint256 _delay) external onlyAuthorized {
minReportDelay = _delay;
emit UpdatedMinReportDelay(_delay);
}
/**
* @notice
* Used to change `maxReportDelay`. `maxReportDelay` is the maximum number
* of blocks that should pass for `harvest()` to be called.
*
* For external keepers (such as the Keep3r network), this is the maximum
* time between jobs to wait. (see `harvestTrigger()`
* for more details.)
*
* This may only be called by governance or the strategist.
* @param _delay The maximum number of seconds to wait between harvests.
*/
function setMaxReportDelay(uint256 _delay) external onlyAuthorized {
maxReportDelay = _delay;
emit UpdatedMaxReportDelay(_delay);
}
/**
* @notice
* Used to change `profitFactor`. `profitFactor` is used to determine
* if it's worthwhile to harvest, given gas costs. (See `harvestTrigger()`
* for more details.)
*
* This may only be called by governance or the strategist.
* @param _profitFactor A ratio to multiply anticipated
* `harvest()` gas cost against.
*/
function setProfitFactor(uint256 _profitFactor) external onlyAuthorized {
profitFactor = _profitFactor;
emit UpdatedProfitFactor(_profitFactor);
}
/**
* @notice
* Sets how far the Strategy can go into loss without a harvest and report
* being required.
*
* By default this is 0, meaning any losses would cause a harvest which
* will subsequently report the loss to the Vault for tracking. (See
* `harvestTrigger()` for more details.)
*
* This may only be called by governance or the strategist.
* @param _debtThreshold How big of a loss this Strategy may carry without
* being required to report to the Vault.
*/
function setDebtThreshold(uint256 _debtThreshold) external onlyAuthorized {
debtThreshold = _debtThreshold;
emit UpdatedDebtThreshold(_debtThreshold);
}
/**
* @notice
* Used to change `metadataURI`. `metadataURI` is used to store the URI
* of the file describing the strategy.
*
* This may only be called by governance or the strategist.
* @param _metadataURI The URI that describe the strategy.
*/
function setMetadataURI(string calldata _metadataURI) external onlyAuthorized {
metadataURI = _metadataURI;
emit UpdatedMetadataURI(_metadataURI);
}
/**
* Resolve governance address from Vault contract, used to make assertions
* on protected functions in the Strategy.
*/
function governance() internal view returns (address) {
return vault.governance();
}
/**
* @notice
* Provide an accurate conversion from `_amtInWei` (denominated in wei)
* to `want` (using the native decimal characteristics of `want`).
* @dev
* Care must be taken when working with decimals to assure that the conversion
* is compatible. As an example:
*
* given 1e17 wei (0.1 ETH) as input, and want is USDC (6 decimals),
* with USDC/ETH = 1800, this should give back 1800000000 (180 USDC)
*
* @param _amtInWei The amount (in wei/1e-18 ETH) to convert to `want`
* @return The amount in `want` of `_amtInEth` converted to `want`
**/
function ethToWant(uint256 _amtInWei) public view virtual returns (uint256);
/**
* @notice
* Provide an accurate estimate for the total amount of assets
* (principle + return) that this Strategy is currently managing,
* denominated in terms of `want` tokens.
*
* This total should be "realizable" e.g. the total value that could
* *actually* be obtained from this Strategy if it were to divest its
* entire position based on current on-chain conditions.
* @dev
* Care must be taken in using this function, since it relies on external
* systems, which could be manipulated by the attacker to give an inflated
* (or reduced) value produced by this function, based on current on-chain
* conditions (e.g. this function is possible to influence through
* flashloan attacks, oracle manipulations, or other DeFi attack
* mechanisms).
*
* It is up to governance to use this function to correctly order this
* Strategy relative to its peers in the withdrawal queue to minimize
* losses for the Vault based on sudden withdrawals. This value should be
* higher than the total debt of the Strategy and higher than its expected
* value to be "safe".
* @return The estimated total assets in this Strategy.
*/
function estimatedTotalAssets() public view virtual returns (uint256);
/*
* @notice
* Provide an indication of whether this strategy is currently "active"
* in that it is managing an active position, or will manage a position in
* the future. This should correlate to `harvest()` activity, so that Harvest
* events can be tracked externally by indexing agents.
* @return True if the strategy is actively managing a position.
*/
function isActive() public view returns (bool) {
return vault.strategies(address(this)).debtRatio > 0 || estimatedTotalAssets() > 0;
}
/**
* Perform any Strategy unwinding or other calls necessary to capture the
* "free return" this Strategy has generated since the last time its core
* position(s) were adjusted. Examples include unwrapping extra rewards.
* This call is only used during "normal operation" of a Strategy, and
* should be optimized to minimize losses as much as possible.
*
* This method returns any realized profits and/or realized losses
* incurred, and should return the total amounts of profits/losses/debt
* payments (in `want` tokens) for the Vault's accounting (e.g.
* `want.balanceOf(this) >= _debtPayment + _profit`).
*
* `_debtOutstanding` will be 0 if the Strategy is not past the configured
* debt limit, otherwise its value will be how far past the debt limit
* the Strategy is. The Strategy's debt limit is configured in the Vault.
*
* NOTE: `_debtPayment` should be less than or equal to `_debtOutstanding`.
* It is okay for it to be less than `_debtOutstanding`, as that
* should only used as a guide for how much is left to pay back.
* Payments should be made to minimize loss from slippage, debt,
* withdrawal fees, etc.
*
* See `vault.debtOutstanding()`.
*/
function prepareReturn(uint256 _debtOutstanding)
internal
virtual
returns (
uint256 _profit,
uint256 _loss,
uint256 _debtPayment
);
/**
* Perform any adjustments to the core position(s) of this Strategy given
* what change the Vault made in the "investable capital" available to the
* Strategy. Note that all "free capital" in the Strategy after the report
* was made is available for reinvestment. Also note that this number
* could be 0, and you should handle that scenario accordingly.
*
* See comments regarding `_debtOutstanding` on `prepareReturn()`.
*/
function adjustPosition(uint256 _debtOutstanding) internal virtual;
/**
* Liquidate up to `_amountNeeded` of `want` of this strategy's positions,
* irregardless of slippage. Any excess will be re-invested with `adjustPosition()`.
* This function should return the amount of `want` tokens made available by the
* liquidation. If there is a difference between them, `_loss` indicates whether the
* difference is due to a realized loss, or if there is some other sitution at play
* (e.g. locked funds) where the amount made available is less than what is needed.
*
* NOTE: The invariant `_liquidatedAmount + _loss <= _amountNeeded` should always be maintained
*/
function liquidatePosition(uint256 _amountNeeded) internal virtual returns (uint256 _liquidatedAmount, uint256 _loss);
/**
* Liquidate everything and returns the amount that got freed.
* This function is used during emergency exit instead of `prepareReturn()` to
* liquidate all of the Strategy's positions back to the Vault.
*/
function liquidateAllPositions() internal virtual returns (uint256 _amountFreed);
/**
* @notice
* Provide a signal to the keeper that `tend()` should be called. The
* keeper will provide the estimated gas cost that they would pay to call
* `tend()`, and this function should use that estimate to make a
* determination if calling it is "worth it" for the keeper. This is not
* the only consideration into issuing this trigger, for example if the
* position would be negatively affected if `tend()` is not called
* shortly, then this can return `true` even if the keeper might be
* "at a loss" (keepers are always reimbursed by Yearn).
* @dev
* `callCostInWei` must be priced in terms of `wei` (1e-18 ETH).
*
* This call and `harvestTrigger()` should never return `true` at the same
* time.
* @param callCostInWei The keeper's estimated gas cost to call `tend()` (in wei).
* @return `true` if `tend()` should be called, `false` otherwise.
*/
function tendTrigger(uint256 callCostInWei) public view virtual returns (bool) {
// We usually don't need tend, but if there are positions that need
// active maintainence, overriding this function is how you would
// signal for that.
// If your implementation uses the cost of the call in want, you can
// use uint256 callCost = ethToWant(callCostInWei);
return false;
}
/**
* @notice
* Adjust the Strategy's position. The purpose of tending isn't to
* realize gains, but to maximize yield by reinvesting any returns.
*
* See comments on `adjustPosition()`.
*
* This may only be called by governance, the strategist, or the keeper.
*/
function tend() external onlyKeepers {
// Don't take profits with this call, but adjust for better gains
adjustPosition(vault.debtOutstanding());
}
/**
* @notice
* Provide a signal to the keeper that `harvest()` should be called. The
* keeper will provide the estimated gas cost that they would pay to call
* `harvest()`, and this function should use that estimate to make a
* determination if calling it is "worth it" for the keeper. This is not
* the only consideration into issuing this trigger, for example if the
* position would be negatively affected if `harvest()` is not called
* shortly, then this can return `true` even if the keeper might be "at a
* loss" (keepers are always reimbursed by Yearn).
* @dev
* `callCostInWei` must be priced in terms of `wei` (1e-18 ETH).
*
* This call and `tendTrigger` should never return `true` at the
* same time.
*
* See `min/maxReportDelay`, `profitFactor`, `debtThreshold` to adjust the
* strategist-controlled parameters that will influence whether this call
* returns `true` or not. These parameters will be used in conjunction
* with the parameters reported to the Vault (see `params`) to determine
* if calling `harvest()` is merited.
*
* It is expected that an external system will check `harvestTrigger()`.
* This could be a script run off a desktop or cloud bot (e.g.
* https://github.com/iearn-finance/yearn-vaults/blob/main/scripts/keep.py),
* or via an integration with the Keep3r network (e.g.
* https://github.com/Macarse/GenericKeep3rV2/blob/master/contracts/keep3r/GenericKeep3rV2.sol).
* @param callCostInWei The keeper's estimated gas cost to call `harvest()` (in wei).
* @return `true` if `harvest()` should be called, `false` otherwise.
*/
function harvestTrigger(uint256 callCostInWei) public view virtual returns (bool) {
uint256 callCost = ethToWant(callCostInWei);
StrategyParams memory params = vault.strategies(address(this));
// Should not trigger if Strategy is not activated
if (params.activation == 0) return false;
// Should not trigger if we haven't waited long enough since previous harvest
if (block.timestamp.sub(params.lastReport) < minReportDelay) return false;
// Should trigger if hasn't been called in a while
if (block.timestamp.sub(params.lastReport) >= maxReportDelay) return true;
// If some amount is owed, pay it back
// NOTE: Since debt is based on deposits, it makes sense to guard against large
// changes to the value from triggering a harvest directly through user
// behavior. This should ensure reasonable resistance to manipulation
// from user-initiated withdrawals as the outstanding debt fluctuates.
uint256 outstanding = vault.debtOutstanding();
if (outstanding > debtThreshold) return true;
// Check for profits and losses
uint256 total = estimatedTotalAssets();
// Trigger if we have a loss to report
if (total.add(debtThreshold) < params.totalDebt) return true;
uint256 profit = 0;
if (total > params.totalDebt) profit = total.sub(params.totalDebt); // We've earned a profit!
// Otherwise, only trigger if it "makes sense" economically (gas cost
// is <N% of value moved)
uint256 credit = vault.creditAvailable();
return (profitFactor.mul(callCost) < credit.add(profit));
}
/**
* @notice
* Harvests the Strategy, recognizing any profits or losses and adjusting
* the Strategy's position.
*
* In the rare case the Strategy is in emergency shutdown, this will exit
* the Strategy's position.
*
* This may only be called by governance, the strategist, or the keeper.
* @dev
* When `harvest()` is called, the Strategy reports to the Vault (via
* `vault.report()`), so in some cases `harvest()` must be called in order
* to take in profits, to borrow newly available funds from the Vault, or
* otherwise adjust its position. In other cases `harvest()` must be
* called to report to the Vault on the Strategy's position, especially if
* any losses have occurred.
*/
function harvest() external onlyKeepers {
uint256 profit = 0;
uint256 loss = 0;
uint256 debtOutstanding = vault.debtOutstanding();
uint256 debtPayment = 0;
if (emergencyExit) {
// Free up as much capital as possible
uint256 amountFreed = liquidateAllPositions();
if (amountFreed < debtOutstanding) {
loss = debtOutstanding.sub(amountFreed);
} else if (amountFreed > debtOutstanding) {
profit = amountFreed.sub(debtOutstanding);
}
debtPayment = debtOutstanding.sub(loss);
} else {
// Free up returns for Vault to pull
(profit, loss, debtPayment) = prepareReturn(debtOutstanding);
}
// Allow Vault to take up to the "harvested" balance of this contract,
// which is the amount it has earned since the last time it reported to
// the Vault.
uint256 totalDebt = vault.strategies(address(this)).totalDebt;
debtOutstanding = vault.report(profit, loss, debtPayment);
// Check if free returns are left, and re-invest them
adjustPosition(debtOutstanding);
// call healthCheck contract
if (doHealthCheck && healthCheck != address(0)) {
require(HealthCheck(healthCheck).check(profit, loss, debtPayment, debtOutstanding, totalDebt), "!healthcheck");
} else {
doHealthCheck = true;
}
emit Harvested(profit, loss, debtPayment, debtOutstanding);
}
/**
* @notice
* Withdraws `_amountNeeded` to `vault`.
*
* This may only be called by the Vault.
* @param _amountNeeded How much `want` to withdraw.
* @return _loss Any realized losses
*/
function withdraw(uint256 _amountNeeded) external returns (uint256 _loss) {
require(msg.sender == address(vault), "!vault");
// Liquidate as much as possible to `want`, up to `_amountNeeded`
uint256 amountFreed;
(amountFreed, _loss) = liquidatePosition(_amountNeeded);
// Send it directly back (NOTE: Using `msg.sender` saves some gas here)
want.safeTransfer(msg.sender, amountFreed);
// NOTE: Reinvest anything leftover on next `tend`/`harvest`
}
/**
* Do anything necessary to prepare this Strategy for migration, such as
* transferring any reserve or LP tokens, CDPs, or other tokens or stores of
* value.
*/
function prepareMigration(address _newStrategy) internal virtual;
/**
* @notice
* Transfers all `want` from this Strategy to `_newStrategy`.
*
* This may only be called by the Vault.
* @dev
* The new Strategy's Vault must be the same as this Strategy's Vault.
* The migration process should be carefully performed to make sure all
* the assets are migrated to the new address, which should have never
* interacted with the vault before.
* @param _newStrategy The Strategy to migrate to.
*/
function migrate(address _newStrategy) external {
require(msg.sender == address(vault));
require(BaseStrategy(_newStrategy).vault() == vault);
prepareMigration(_newStrategy);
want.safeTransfer(_newStrategy, want.balanceOf(address(this)));
}
/**
* @notice
* Activates emergency exit. Once activated, the Strategy will exit its
* position upon the next harvest, depositing all funds into the Vault as
* quickly as is reasonable given on-chain conditions.
*
* This may only be called by governance or the strategist.
* @dev
* See `vault.setEmergencyShutdown()` and `harvest()` for further details.
*/
function setEmergencyExit() external onlyEmergencyAuthorized {
emergencyExit = true;
vault.revokeStrategy();
emit EmergencyExitEnabled();
}
/**
* Override this to add all tokens/tokenized positions this contract
* manages on a *persistent* basis (e.g. not just for swapping back to
* want ephemerally).
*
* NOTE: Do *not* include `want`, already included in `sweep` below.
*
* Example:
* ```
* function protectedTokens() internal override view returns (address[] memory) {
* address[] memory protected = new address[](3);
* protected[0] = tokenA;
* protected[1] = tokenB;
* protected[2] = tokenC;
* return protected;
* }
* ```
*/
function protectedTokens() internal view virtual returns (address[] memory);
/**
* @notice
* Removes tokens from this Strategy that are not the type of tokens
* managed by this Strategy. This may be used in case of accidentally
* sending the wrong kind of token to this Strategy.
*
* Tokens will be sent to `governance()`.
*
* This will fail if an attempt is made to sweep `want`, or any tokens
* that are protected by this Strategy.
*
* This may only be called by governance.
* @dev
* Implement `protectedTokens()` to specify any additional tokens that
* should be protected from sweeping in addition to `want`.
* @param _token The token to transfer out of this vault.
*/
function sweep(address _token) external onlyGovernance {
require(_token != address(want), "!want");
require(_token != address(vault), "!shares");
address[] memory _protectedTokens = protectedTokens();
for (uint256 i; i < _protectedTokens.length; i++) require(_token != _protectedTokens[i], "!protected");
IERC20(_token).safeTransfer(governance(), IERC20(_token).balanceOf(address(this)));
}
}
abstract contract BaseStrategyInitializable is BaseStrategy {
bool public isOriginal = true;
event Cloned(address indexed clone);
constructor(address _vault) public BaseStrategy(_vault) {}
function initialize(
address _vault,
address _strategist,
address _rewards,
address _keeper
) external virtual {
_initialize(_vault, _strategist, _rewards, _keeper);
}
function clone(address _vault) external returns (address) {
require(isOriginal, "!clone");
return this.clone(_vault, msg.sender, msg.sender, msg.sender);
}
function clone(
address _vault,
address _strategist,
address _rewards,
address _keeper
) external returns (address newStrategy) {
// Copied from https://github.com/optionality/clone-factory/blob/master/contracts/CloneFactory.sol
bytes20 addressBytes = bytes20(address(this));
assembly {
// EIP-1167 bytecode
let clone_code := mload(0x40)
mstore(clone_code, 0x3d602d80600a3d3981f3363d3d373d3d3d363d73000000000000000000000000)
mstore(add(clone_code, 0x14), addressBytes)
mstore(add(clone_code, 0x28), 0x5af43d82803e903d91602b57fd5bf30000000000000000000000000000000000)
newStrategy := create(0, clone_code, 0x37)
}
BaseStrategyInitializable(newStrategy).initialize(_vault, _strategist, _rewards, _keeper);
emit Cloned(newStrategy);
}
}
// File: CErc20I.sol
interface CErc20I is CTokenI {
function mint(uint256 mintAmount) external returns (uint256);
function redeem(uint256 redeemTokens) external returns (uint256);
function redeemUnderlying(uint256 redeemAmount) external returns (uint256);
function borrow(uint256 borrowAmount) external returns (uint256);
function repayBorrow(uint256 repayAmount) external returns (uint256);
function repayBorrowBehalf(address borrower, uint256 repayAmount) external returns (uint256);
function liquidateBorrow(
address borrower,
uint256 repayAmount,
CTokenI cTokenCollateral
) external returns (uint256);
function underlying() external view returns (address);
function comptroller() external view returns (address);
}
// File: ComptrollerI.sol
interface ComptrollerI {
function enterMarkets(address[] calldata cTokens) external returns (uint256[] memory);
function exitMarket(address cToken) external returns (uint256);
/*** Policy Hooks ***/
function mintAllowed(
address cToken,
address minter,
uint256 mintAmount
) external returns (uint256);
function mintVerify(
address cToken,
address minter,
uint256 mintAmount,
uint256 mintTokens
) external;
function redeemAllowed(
address cToken,
address redeemer,
uint256 redeemTokens
) external returns (uint256);
function redeemVerify(
address cToken,
address redeemer,
uint256 redeemAmount,
uint256 redeemTokens
) external;
function borrowAllowed(
address cToken,
address borrower,
uint256 borrowAmount
) external returns (uint256);
function borrowVerify(
address cToken,
address borrower,
uint256 borrowAmount
) external;
function repayBorrowAllowed(
address cToken,
address payer,
address borrower,
uint256 repayAmount
) external returns (uint256);
function repayBorrowVerify(
address cToken,
address payer,
address borrower,
uint256 repayAmount,
uint256 borrowerIndex
) external;
function liquidateBorrowAllowed(
address cTokenBorrowed,
address cTokenCollateral,
address liquidator,
address borrower,
uint256 repayAmount
) external returns (uint256);
function liquidateBorrowVerify(
address cTokenBorrowed,
address cTokenCollateral,
address liquidator,
address borrower,
uint256 repayAmount,
uint256 seizeTokens
) external;
function seizeAllowed(
address cTokenCollateral,
address cTokenBorrowed,
address liquidator,
address borrower,
uint256 seizeTokens
) external returns (uint256);
function seizeVerify(
address cTokenCollateral,
address cTokenBorrowed,
address liquidator,
address borrower,
uint256 seizeTokens
) external;
function transferAllowed(
address cToken,
address src,
address dst,
uint256 transferTokens
) external returns (uint256);
function transferVerify(
address cToken,
address src,
address dst,
uint256 transferTokens
) external;
/*** Liquidity/Liquidation Calculations ***/
function liquidateCalculateSeizeTokens(
address cTokenBorrowed,
address cTokenCollateral,
uint256 repayAmount
) external view returns (uint256, uint256);
function getAccountLiquidity(address account)
external
view
returns (
uint256,
uint256,
uint256
);
/*** Comp claims ****/
function claimComp(address holder) external;
function claimComp(address holder, CTokenI[] memory cTokens) external;
function markets(address ctoken)
external
view
returns (
bool,
uint256,
bool
);
function compSpeeds(address ctoken) external view returns (uint256); // will be deprecated
function compSupplySpeeds(address ctoken) external view returns (uint256);
function compBorrowSpeeds(address ctoken) external view returns (uint256);
function oracle() external view returns (address);
}
// File: Strategy.sol
interface IERC20Extended is IERC20 {
function decimals() external view returns (uint8);
function name() external view returns (string memory);
function symbol() external view returns (string memory);
}
interface IEthToWant {
function ethToWant(uint256 input) external view returns (uint256);
}
contract Strategy is BaseStrategy {
address private constant USDC = 0x7F5c764cBc14f9669B88837ca1490cCa17c31607;
address private constant WETH = 0x4200000000000000000000000000000000000006;
// Comptroller address for compound.finance
ComptrollerI public compound;
//Only three tokens we use
address public comp;
CErc20I public cToken;
uint256 private secondsPerBlock; //1 for fantom. 13 for ethereum, Sonne uses 1 block per second for caluclations
IVelodromeRouter public currentRouter; // velodrome router only
address public ethToWantOracle;
uint256 public collateralTarget; // total borrow / total supply ratio we are targeting (100% = 1e18)
uint256 public blocksToLiquidationDangerZone; // minimum number of blocks before liquidation
uint256 public minWant; // minimum amount of want to act on
// Rewards handling
bool public dontClaimComp; // enable/disables COMP claiming
uint256 public minCompToSell; // minimum amount of COMP to be sold
uint256 public iterations; //number of loops we do
bool public forceMigrate;
IVelodromeRouter.route[] public sellRewardsRoute;
constructor(address _vault, address _cToken, address _router, address _comp, address _comptroller, uint256 _secondsPerBlock, IVelodromeRouter.route[] memory _routes) public BaseStrategy(_vault) {
_initializeThis(_cToken, _router, _comp, _comptroller, _secondsPerBlock, _routes);
}
function approveTokenMax(address token, address spender) internal {
IERC20(token).safeApprove(spender, type(uint256).max);
}
function name() external view override returns (string memory) {
return "GenLevSonneNoFlash";
}
function initialize(address _vault, address _cToken, address _router, address _comp, address _comptroller, uint256 _secondsPerBlock, IVelodromeRouter.route[] memory _routes) external {
_initialize(_vault, msg.sender, msg.sender, msg.sender);
_initializeThis(_cToken, _router, _comp, _comptroller, _secondsPerBlock, _routes);
}
function _initializeThis(address _cToken, address _router, address _comp, address _comptroller, uint256 _secondsPerBlock, IVelodromeRouter.route[] memory _routes) internal {
cToken = CErc20I(_cToken);
require(cToken.underlying() == address(want), "Wrong underlying");
comp = _comp;
secondsPerBlock = _secondsPerBlock;
compound = ComptrollerI(_comptroller);
require(IERC20Extended(address(want)).decimals() <= 18); // dev: want not supported
currentRouter = IVelodromeRouter(_router);
//pre-set approvals
approveTokenMax(comp, address(currentRouter));
approveTokenMax(address(want), address(cToken));
// You can set these parameters on deployment to whatever you want
maxReportDelay = 86400; // once per 24 hours
profitFactor = 100_000; // multiple before triggering harvest
debtThreshold = 1e30;
iterations = 20; //standard 20 for Sonne on Optimism
// set minWant to 1e-5 want
minWant = uint256(uint256(10)**uint256((IERC20Extended(address(want))).decimals())).div(1e5);
minCompToSell = 100 ether; //may need to be changed depending on what comp is, sonne price is 0,3$, value should be above 1e15
collateralTarget = 0.71 ether; // change depending on the collateral, for stablecoins it can be heigher
blocksToLiquidationDangerZone = 604800 / secondsPerBlock; // time until liquidation zone should be 1 week
for (uint i = 0; i < _routes.length; i++) {
sellRewardsRoute.push(_routes[i]);
}
}
function setPriceOracle(address _oracle) external onlyAuthorized {
ethToWantOracle = _oracle;
}
/*
* Control Functions
*/
function setBlocksToLiquidationDangerZone(uint256 _blocksToLiquidationDangerZone) external onlyGovernance {
blocksToLiquidationDangerZone = _blocksToLiquidationDangerZone;
}
function setDontClaimComp(bool _dontClaimComp) external management {
dontClaimComp = _dontClaimComp;
}
function setRouter(address _newRouter) external onlyGovernance {
require(_newRouter != address(0), "Router cannot be 0");
currentRouter = IVelodromeRouter(_newRouter);
}
function setForceMigrate(bool _force) external onlyGovernance {
forceMigrate = _force;
}
function setMinCompToSell(uint256 _minCompToSell) external management {
minCompToSell = _minCompToSell;
}
function setIterations(uint256 _iterations) external management {
require(_iterations > 0 && _iterations <= 100);
iterations = _iterations;
}
function setMinWant(uint256 _minWant) external management {
minWant = _minWant;
}
function setCollateralTarget(uint256 _collateralTarget) external management {
(, uint256 collateralFactorMantissa, ) = compound.markets(address(cToken));
require(collateralFactorMantissa > _collateralTarget);
collateralTarget = _collateralTarget;
}
function setRewardBehavior(uint256 _minCompToSell, bool _dontClaimComp) external management {
minCompToSell = _minCompToSell;
dontClaimComp = _dontClaimComp;
}
/*
* Base External Facing Functions
*/
/*
* An accurate estimate for the total amount of assets (principle + return)
* that this strategy is currently managing, denominated in terms of want tokens.
*/
function estimatedTotalAssets() public view override returns (uint256) {
(uint256 deposits, uint256 borrows) = getCurrentPosition();
uint256 _claimableComp = predictCompAccrued();
uint256 currentComp = balanceOfToken(comp);
// Use touch price. it doesnt matter if we are wrong as this is not used for decision making
uint256[] memory amounts = currentRouter.getAmountsOut(_claimableComp.add(currentComp), sellRewardsRoute);
uint256 estimatedWant = amounts[amounts.length - 1];
uint256 conservativeWant = estimatedWant.mul(9).div(10); //10% pessimist
return balanceOfToken(address(want)).add(deposits).add(conservativeWant).sub(borrows);
}
function balanceOfToken(address token) internal view returns (uint256) {
return IERC20(token).balanceOf(address(this));
}
//predicts our profit at next report
function expectedReturn() public view returns (uint256) {
uint256 estimateAssets = estimatedTotalAssets();
uint256 debt = vault.strategies(address(this)).totalDebt;
if (debt > estimateAssets) {
return 0;
} else {
return estimateAssets.sub(debt);
}
}
/*
* Provide a signal to the keeper that `tend()` should be called.
* (keepers are always reimbursed by yEarn)
*
* NOTE: this call and `harvestTrigger` should never return `true` at the same time.
* tendTrigger should be called with same gasCost as harvestTrigger
*/
function tendTrigger(uint256 gasCost) public view override returns (bool) {
if (harvestTrigger(gasCost)) {
//harvest takes priority
return false;
}
return getblocksUntilLiquidation() <= blocksToLiquidationDangerZone;
}
/*****************
* Public non-base function
******************/
//Calculate how many blocks until we are in liquidation based on current interest rates
//WARNING does not include compounding so the estimate becomes more innacurate the further ahead we look
//equation. Compound doesn't include compounding for most blocks
//((deposits*colateralThreshold - borrows) / (borrows*borrowrate - deposits*colateralThreshold*interestrate));
function getblocksUntilLiquidation() public view returns (uint256) {
(, uint256 collateralFactorMantissa, ) = compound.markets(address(cToken));
(uint256 deposits, uint256 borrows) = getCurrentPosition();
uint256 borrrowRate = cToken.borrowRatePerBlock();
uint256 supplyRate = cToken.supplyRatePerBlock();
uint256 collateralisedDeposit = deposits.mul(collateralFactorMantissa).div(1e18);
uint256 denom1 = borrows.mul(borrrowRate);
uint256 denom2 = collateralisedDeposit.mul(supplyRate);
if (denom2 >= denom1) {
return type(uint256).max;
} else {
uint256 numer = collateralisedDeposit.sub(borrows);
uint256 denom = denom1.sub(denom2);
//minus 1 for this block
return numer.mul(1e18).div(denom);
}
}
// This function makes a prediction on how much comp is accrued
// It is not 100% accurate as it uses current balances in Compound to predict into the past
function predictCompAccrued() public view returns (uint256) {
(uint256 deposits, uint256 borrows) = getCurrentPosition();
if (deposits == 0) {
return 0; // should be impossible to have 0 balance and positive comp accrued
}
uint256 distributionPerBlockSupply = compound.compSupplySpeeds(address(cToken));
uint256 distributionPerBlockBorrow = compound.compBorrowSpeeds(address(cToken));
uint256 totalBorrow = cToken.totalBorrows();
//total supply needs to be echanged to underlying using exchange rate
uint256 totalSupplyCtoken = cToken.totalSupply();
uint256 totalSupply = totalSupplyCtoken.mul(cToken.exchangeRateStored()).div(1e18);
uint256 blockShareSupply = 0;
if (totalSupply > 0) {
blockShareSupply = deposits.mul(distributionPerBlockSupply).div(totalSupply);
}
uint256 blockShareBorrow = 0;
if (totalBorrow > 0) {
blockShareBorrow = borrows.mul(distributionPerBlockBorrow).div(totalBorrow);
}
//how much we expect to earn per block
uint256 blockShare = blockShareSupply.add(blockShareBorrow);
//last time we ran harvest
uint256 lastReport = vault.strategies(address(this)).lastReport;
uint256 blocksSinceLast = (block.timestamp.sub(lastReport)).div(secondsPerBlock);
return blocksSinceLast.mul(blockShare);
}
//Returns the current position
//WARNING - this returns just the balance at last time someone touched the cToken token. Does not accrue interst in between
//cToken is very active so not normally an issue.
function getCurrentPosition() public view returns (uint256 deposits, uint256 borrows) {
(, uint256 ctokenBalance, uint256 borrowBalance, uint256 exchangeRate) = cToken.getAccountSnapshot(address(this));
borrows = borrowBalance;
deposits = ctokenBalance.mul(exchangeRate).div(1e18);
}
//statechanging version
function getLivePosition() public returns (uint256 deposits, uint256 borrows) {
deposits = cToken.balanceOfUnderlying(address(this));
//we can use non state changing now because we updated state with balanceOfUnderlying call
borrows = cToken.borrowBalanceStored(address(this));
}
//Same warning as above
function netBalanceLent() public view returns (uint256) {
(uint256 deposits, uint256 borrows) = getCurrentPosition();
return deposits.sub(borrows);
}
/***********
* internal core logic
*********** */
/*
* A core method.
* Called at beggining of harvest before providing report to owner
* 1 - claim accrued comp
* 2 - if enough to be worth it we sell
* 3 - because we lose money on our loans we need to offset profit from comp.
*/
function prepareReturn(uint256 _debtOutstanding)
internal
override
returns (
uint256 _profit,
uint256 _loss,
uint256 _debtPayment
)
{
_profit = 0;
_loss = 0; // for clarity. also reduces bytesize
if (balanceOfToken(address(cToken)) == 0) {
uint256 wantBalance = balanceOfToken(address(want));
//no position to harvest
//but we may have some debt to return
//it is too expensive to free more debt in this method so we do it in adjust position
_debtPayment = Math.min(wantBalance, _debtOutstanding);
return (_profit, _loss, _debtPayment);
}
(uint256 deposits, uint256 borrows) = getLivePosition();
//claim comp accrued
_claimComp();
//sell comp
_disposeOfComp();
uint256 wantBalance = balanceOfToken(address(want));
uint256 investedBalance = deposits.sub(borrows);
uint256 balance = investedBalance.add(wantBalance);
uint256 debt = vault.strategies(address(this)).totalDebt;
//Balance - Total Debt is profit
if (balance > debt) {
_profit = balance.sub(debt);
if (wantBalance < _profit) {
//all reserve is profit
_profit = wantBalance;
} else if (wantBalance > _profit.add(_debtOutstanding)) {
_debtPayment = _debtOutstanding;
} else {
_debtPayment = wantBalance.sub(_profit);
}
} else {
//we will lose money until we claim comp then we will make money
//this has an unintended side effect of slowly lowering our total debt allowed
_loss = debt.sub(balance);
_debtPayment = Math.min(wantBalance, _debtOutstanding);
}
}
/*
* Second core function. Happens after report call.
*
* Similar to deposit function from V1 strategy
*/
function adjustPosition(uint256 _debtOutstanding) internal override {
//emergency exit is dealt with in prepareReturn
if (emergencyExit) {
return;
}
//we are spending all our cash unless we have debt outstanding
uint256 _wantBal = balanceOfToken(address(want));
if (_wantBal < _debtOutstanding) {
//this is graceful withdrawal. dont use backup
//we use more than 1 because withdrawunderlying causes problems with 1 token due to different decimals
if (balanceOfToken(address(cToken)) > 1) {
_withdrawSome(_debtOutstanding.sub(_wantBal));
}
return;
}
(uint256 position, bool deficit) = _calculateDesiredPosition(_wantBal.sub(_debtOutstanding), true);
//if we are below minimun want change it is not worth doing
//need to be careful in case this pushes to liquidation
uint256 i = 0;
while (position > minWant) {
position = position.sub(_noFlashLoan(position, deficit));
if (i >= iterations) {
break;
}
i++;
}
}
/*************
* Very important function
* Input: amount we want to withdraw
* cannot be more than we have
* Returns amount we were able to withdraw. notall if user has some balance left
*
* Deleverage position -> redeem our cTokens
******************** */
function _withdrawSome(uint256 _amount) internal returns (bool notAll) {
(uint256 position, bool deficit) = _calculateDesiredPosition(_amount, false);
//If there is no deficit we dont need to adjust position
//if the position change is tiny do nothing
if (deficit && position > minWant) {
uint8 i = 0;
//position will equal 0 unless we haven't been able to deleverage enough with flash loan
//if we are not in deficit we dont need to do flash loan
while (position > minWant.add(100)) {
position = position.sub(_noFlashLoan(position, true));
i++;
//A limit set so we don't run out of gas
if (i >= iterations) {
notAll = true;
break;
}
}
}
//now withdraw
//if we want too much we just take max
//This part makes sure our withdrawal does not force us into liquidation
(uint256 depositBalance, uint256 borrowBalance) = getCurrentPosition();
uint256 tempColla = collateralTarget;
uint256 reservedAmount = 0;
if (tempColla == 0) {
tempColla = 1e15; // 0.001 * 1e18. lower we have issues
}
reservedAmount = borrowBalance.mul(1e18).div(tempColla);
if (depositBalance >= reservedAmount) {
uint256 redeemable = depositBalance.sub(reservedAmount);
uint256 balan = cToken.balanceOf(address(this));
if (balan > 1) {
if (redeemable < _amount) {
cToken.redeemUnderlying(redeemable);
} else {
cToken.redeemUnderlying(_amount);
}
}
}
if (collateralTarget == 0 && balanceOfToken(address(want)) > borrowBalance) {
cToken.repayBorrow(borrowBalance);
}
}
/***********
* This is the main logic for calculating how to change our lends and borrows
* Input: balance. The net amount we are going to deposit/withdraw.
* Input: dep. Is it a deposit or withdrawal
* Output: position. The amount we want to change our current borrow position.
* Output: deficit. True if we are reducing position size
*
* For instance deficit =false, position 100 means increase borrowed balance by 100
****** */
function _calculateDesiredPosition(uint256 balance, bool dep) internal returns (uint256 position, bool deficit) {
//we want to use statechanging for safety
(uint256 deposits, uint256 borrows) = getLivePosition();
//When we unwind we end up with the difference between borrow and supply
uint256 unwoundDeposit = deposits.sub(borrows);
//we want to see how close to collateral target we are.
//So we take our unwound deposits and add or remove the balance we are are adding/removing.
//This gives us our desired future undwoundDeposit (desired supply)
uint256 desiredSupply = 0;
if (dep) {
desiredSupply = unwoundDeposit.add(balance);
} else {
if (balance > unwoundDeposit) {
balance = unwoundDeposit;
}
desiredSupply = unwoundDeposit.sub(balance);
}
//(ds *c)/(1-c)
uint256 num = desiredSupply.mul(collateralTarget);
uint256 den = uint256(1e18).sub(collateralTarget);
uint256 desiredBorrow = num.div(den);
if (desiredBorrow > 1e5) {
//stop us going right up to the wire
desiredBorrow = desiredBorrow.sub(1e5);
}
//now we see if we want to add or remove balance
// if the desired borrow is less than our current borrow we are in deficit. so we want to reduce position
if (desiredBorrow < borrows) {
deficit = true;
position = borrows.sub(desiredBorrow); //safemath check done in if statement
} else {
//otherwise we want to increase position
deficit = false;
position = desiredBorrow.sub(borrows);
}
}
/*
* Liquidate as many assets as possible to `want`, irregardless of slippage,
* up to `_amount`. Any excess should be re-invested here as well.
*/
function liquidatePosition(uint256 _amountNeeded) internal override returns (uint256 _amountFreed, uint256 _loss) {
uint256 _balance = balanceOfToken(address(want));
uint256 assets = netBalanceLent().add(_balance);
(uint256 deposits, uint256 borrows) = getLivePosition();
if (assets < _amountNeeded) {
//if we cant afford to withdraw we take all we can
//withdraw all we can
//1 token causes rounding error with withdrawUnderlying
if (balanceOfToken(address(cToken)) > 1) {
_withdrawSome(deposits.sub(borrows));
}
_amountFreed = Math.min(_amountNeeded, balanceOfToken(address(want)));
} else {
if (_balance < _amountNeeded) {
_withdrawSome(_amountNeeded.sub(_balance));
//overflow error if we return more than asked for
_amountFreed = Math.min(_amountNeeded, balanceOfToken(address(want)));
} else {
_amountFreed = _amountNeeded;
}
}
// To prevent the vault from moving on to the next strategy in the queue
// when we return the amountRequested minus dust, take a dust sized loss
if (_amountFreed < _amountNeeded) {
uint256 diff = _amountNeeded.sub(_amountFreed);
if (diff <= minWant) {
_loss = diff;
}
}
}
function _claimComp() internal {
if (dontClaimComp) {
return;
}
CTokenI[] memory tokens = new CTokenI[](1);
tokens[0] = cToken;
compound.claimComp(address(this), tokens);
}
//sell comp function
function _disposeOfComp() internal {
uint256 _comp = balanceOfToken(comp);
if (_comp < minCompToSell) {
return;
}
currentRouter.swapExactTokensForTokens(_comp, 0, sellRewardsRoute, address(this), now);
}
function setSellRewardsRoute(IVelodromeRouter.route[] memory _routes) external onlyVaultManagers {
delete sellRewardsRoute; // clear the array
for (uint256 i = 0; i < _routes.length; i++) {
sellRewardsRoute.push(_routes[i]);
}
}
//lets leave
//if we can't deleverage in one go set collateralFactor to 0 and call harvest multiple times until delevered
function prepareMigration(address _newStrategy) internal override {
if (!forceMigrate) {
(uint256 deposits, uint256 borrows) = getLivePosition();
_withdrawSome(deposits.sub(borrows));
(, , uint256 borrowBalance, ) = cToken.getAccountSnapshot(address(this));
require(borrowBalance < 10_000);
IERC20 _comp = IERC20(comp);
uint256 _compB = balanceOfToken(address(_comp));
if (_compB > 0) {
_comp.safeTransfer(_newStrategy, _compB);
}
}
}
//Three functions covering normal leverage and deleverage situations
// max is the max amount we want to increase our borrowed balance
// returns the amount we actually did
function _noFlashLoan(uint256 max, bool deficit) internal returns (uint256 amount) {
//we can use non-state changing because this function is always called after _calculateDesiredPosition
(uint256 lent, uint256 borrowed) = getCurrentPosition();
//if we have nothing borrowed then we can't deleverage any more
if (borrowed == 0 && deficit) {
return 0;
}
if(lent == 0){
cToken.mint(balanceOfToken(address(want)));
(lent, borrowed) = getCurrentPosition();
}
(, uint256 collateralFactorMantissa, ) = compound.markets(address(cToken));
if (deficit) {
amount = _normalDeleverage(max, lent, borrowed, collateralFactorMantissa);
} else {
amount = _normalLeverage(max, lent, borrowed, collateralFactorMantissa);
}
}
//maxDeleverage is how much we want to reduce by
function _normalDeleverage(
uint256 maxDeleverage,
uint256 lent,
uint256 borrowed,
uint256 collatRatio
) internal returns (uint256 deleveragedAmount) {
uint256 theoreticalLent = 0;
//collat ration should never be 0. if it is something is very wrong... but just incase
if (collatRatio != 0) {
theoreticalLent = borrowed.mul(1e18).div(collatRatio);
}
deleveragedAmount = lent.sub(theoreticalLent);
if (deleveragedAmount >= borrowed) {
deleveragedAmount = borrowed;
}
if (deleveragedAmount >= maxDeleverage) {
deleveragedAmount = maxDeleverage;
}
uint256 exchangeRateStored = cToken.exchangeRateStored();
//redeemTokens = redeemAmountIn * 1e18 / exchangeRate. must be more than 0
//a rounding error means we need another small addition
if (deleveragedAmount.mul(1e18) >= exchangeRateStored && deleveragedAmount > 10) {
deleveragedAmount = deleveragedAmount.sub(uint256(10));
cToken.redeemUnderlying(deleveragedAmount);
//our borrow has been increased by no more than maxDeleverage
cToken.repayBorrow(deleveragedAmount);
}
}
//maxDeleverage is how much we want to increase by
function _normalLeverage(
uint256 maxLeverage,
uint256 lent,
uint256 borrowed,
uint256 collatRatio
) internal returns (uint256 leveragedAmount) {
uint256 theoreticalBorrow = lent.mul(collatRatio).div(1e18);
leveragedAmount = theoreticalBorrow.sub(borrowed);
if (leveragedAmount >= maxLeverage) {
leveragedAmount = maxLeverage;
}
if (leveragedAmount > 10) {
leveragedAmount = leveragedAmount.sub(uint256(10));
cToken.borrow(leveragedAmount);
cToken.mint(balanceOfToken(address(want)));
}
}
//emergency function that we can use to deleverage manually if something is broken
function manualDeleverage(uint256 amount) external management {
require(cToken.redeemUnderlying(amount) == 0);
require(cToken.repayBorrow(amount) == 0);
}
//emergency function that we can use to deleverage manually if something is broken
function manualReleaseWant(uint256 amount) external onlyGovernance {
require(cToken.redeemUnderlying(amount) == 0); // dev: !manual-release-want
}
function protectedTokens() internal view override returns (address[] memory) {}
//returns our current collateralisation ratio. Should be compared with collateralTarget
function storedCollateralisation() public view returns (uint256 collat) {
(uint256 lend, uint256 borrow) = getCurrentPosition();
if (lend == 0) {
return 0;
}
collat = uint256(1e18).mul(borrow).div(lend);
}
// -- Internal Helper functions -- //
function ethToWant(uint256 _amtInWei) public view override returns (uint256) {
if (ethToWantOracle != address(0)) {
return IEthToWant(ethToWantOracle).ethToWant(_amtInWei);
} else {
return _amtInWei;
}
}
function liquidateAllPositions() internal override returns (uint256 _amountFreed) {
(_amountFreed, ) = liquidatePosition(vault.debtOutstanding());
(uint256 deposits, uint256 borrows) = getCurrentPosition();
uint256 position = deposits.sub(borrows);
//we want to revert if we can't liquidateall
if (!forceMigrate) {
require(position < minWant);
}
}
function mgtm_check() internal view {
require(msg.sender == governance() || msg.sender == vault.management() || msg.sender == strategist, "!authorized");
}
modifier management() {
mgtm_check();
_;
}
}
// File: LevCompFactory.sol
contract LevCompFactory {
address public immutable original;
event Cloned(address indexed clone);
event Deployed(address indexed original);
constructor(
address _vault,
address _cToken,
address _router,
address _comp,
address _comptroller,
uint256 _secondsPerBlock,
IVelodromeRouter.route[] memory _routes
) public {
Strategy _original = new Strategy(_vault, _cToken, _router, _comp, _comptroller, _secondsPerBlock, _routes);
emit Deployed(address(_original));
original = address(_original);
_original.setStrategist(msg.sender);
}
function name() external view returns (string memory) {
return string(abi.encodePacked("Factory", Strategy(payable(original)).name(), "@", Strategy(payable(original)).apiVersion()));
}
function cloneLevComp(
address _vault,
address _cToken,
address _router,
address _comp,
address _comptroller,
uint256 _secondsPerBlock,
IVelodromeRouter.route[] memory _routes
) external returns (address payable newStrategy) {
// Copied from https://github.com/optionality/clone-factory/blob/master/contracts/CloneFactory.sol
bytes20 addressBytes = bytes20(original);
assembly {
// EIP-1167 bytecode
let clone_code := mload(0x40)
mstore(
clone_code,
0x3d602d80600a3d3981f3363d3d373d3d3d363d73000000000000000000000000
)
mstore(add(clone_code, 0x14), addressBytes)
mstore(
add(clone_code, 0x28),
0x5af43d82803e903d91602b57fd5bf30000000000000000000000000000000000
)
newStrategy := create(0, clone_code, 0x37)
}
Strategy(newStrategy).initialize(_vault, _cToken, _router, _comp, _comptroller, _secondsPerBlock, _routes);
Strategy(newStrategy).setRewards(msg.sender);
Strategy(newStrategy).setStrategist(msg.sender);
emit Cloned(newStrategy);
}
}Contract ABI
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VaultAPI","name":"","type":"address"}],"stateMutability":"view","type":"function"},{"inputs":[],"name":"want","outputs":[{"internalType":"contract IERC20","name":"","type":"address"}],"stateMutability":"view","type":"function"},{"inputs":[{"internalType":"uint256","name":"_amountNeeded","type":"uint256"}],"name":"withdraw","outputs":[{"internalType":"uint256","name":"_loss","type":"uint256"}],"stateMutability":"nonpayable","type":"function"}]Loading...
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Net Worth in USD
$0.00
Net Worth in ETH
0
Multichain Portfolio | 34 Chains
| Chain | Token | Portfolio % | Price | Amount | Value |
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A contract address hosts a smart contract, which is a set of code stored on the blockchain that runs when predetermined conditions are met. Learn more about addresses in our Knowledge Base.