Auditor
The Auditor is the risk management layer of the protocol; it determines how much collateral a user is required to maintain, and whether (and by how much) a user can be liquidated. Each time a user borrows from a Market, the Auditor validates his account’s liquidity to determine his health factor.
function ASSETS_THRESHOLD() external view returns (uint256)
Maximum value the liquidator can send and still have granular control of max assets. Above this threshold, they should send
type(uint256).max.function BASE_FEED() external view returns (address)
Address that a market should have as price feed to consider as base price and avoid external price call.
function TARGET_HEALTH() external view returns (uint256)
Target health factor that the account should have after it's liquidated to prevent cascade liquidations.
function accountMarkets(address) external view returns (uint256)
Tracks the markets' indexes that an account has entered as collateral.
function liquidationIncentive() external view returns (uint128 liquidator, uint128 lenders)
Liquidation incentive factors for the liquidator and the lenders of the market where the debt is repaid.
function marketList(uint256) external view returns (contract Market)
Array of all enabled markets.
function markets(contract Market) external view returns (uint128 adjustFactor, uint8 decimals, uint8 index, bool isListed, contract IPriceFeed priceFeed)
Stores market parameters per each enabled market.
function priceDecimals() external view returns (uint256)
Decimals that the answer of all price feeds should have.
function accountLiquidity(address account, contract Market marketToSimulate, uint256 withdrawAmount) external view returns (uint256 sumCollateral, uint256 sumDebtPlusEffects)
Returns account's liquidity calculation.
Parameters
Name | Type | Description |
|---|---|---|
account | address | account in which the liquidity will be calculated. |
marketToSimulate | contract Market | market in which to simulate withdraw operation. |
withdrawAmount | uint256 | amount to simulate as withdraw. |
Returns
Name | Type | Description |
|---|---|---|
sumCollateral | uint256 | sum of all collateral, already multiplied by each adjust factor (denominated in base). |
sumDebtPlusEffects | uint256 | sum of all debt divided by adjust factor considering withdrawal (denominated in base). |
function allMarkets() external view returns (contract Market[])
Retrieves all markets.
Returns
Type | Description |
|---|---|
contract Market[] | List of enabled markets. |
function assetPrice(contract IPriceFeed priceFeed) external view returns (uint256)
Gets the asset price of a price feed.
If Chainlink's asset price is <= 0 the call is reverted.
Parameters
Name | Type | Description |
|---|---|---|
priceFeed | contract IPriceFeed | address of Chainlink's Price Feed aggregator used to query the asset price. |
Returns
Type | Description |
|---|---|
uint256 | The price of the asset scaled to 18-digit decimals. |
function calculateSeize(contract Market repayMarket, contract Market seizeMarket, address borrower, uint256 actualRepayAssets) external view returns (uint256 lendersAssets, uint256 seizeAssets)
Calculates the amount of collateral to be seized when a position is undercollateralized.
Parameters
Name | Type | Description |
|---|---|---|
repayMarket | contract Market | market from where the debt will be repaid. |
seizeMarket | contract Market | market from where the assets will be seized by the liquidator. |
borrower | address | account in which assets are being seized. |
actualRepayAssets | uint256 | amount being repaid. |
Returns
Name | Type | Description |
|---|---|---|
lendersAssets | uint256 | amount to be added for other lenders as a compensation of bad debt clearing. |
seizeAssets | uint256 | amount that can be seized by the liquidator. |
function checkLiquidation(contract Market repayMarket, contract Market seizeMarket, address borrower, uint256 maxLiquidatorAssets) external view returns (uint256 maxRepayAssets)
Allows/rejects liquidation of assets.
This function can be called externally, but only will have effect when called from a market.
Parameters
Name | Type | Description |
|---|---|---|
repayMarket | contract Market | market from where the debt is being repaid. |
seizeMarket | contract Market | market from where the liquidator will seize assets. |
borrower | address | address in which the assets are being liquidated. |
maxLiquidatorAssets | uint256 | maximum amount of debt the liquidator is willing to accept. |
Returns
Name | Type | Description |
|---|---|---|
maxRepayAssets | uint256 | capped amount of debt the liquidator is allowed to repay. |
function checkSeize(contract Market repayMarket, contract Market seizeMarket) external view
Allow/rejects seizing of assets.
This function can be called externally, but only will have effect when called from a market.
Parameters
Name | Type | Description |
|---|---|---|
repayMarket | contract Market | market from where the debt will be repaid. |
seizeMarket | contract Market | market where the assets will be seized. |
function checkShortfall(contract Market market, address account, uint256 amount) external view
Checks if the account has liquidity shortfall.
Parameters
Name | Type | Description |
|---|---|---|
market | contract Market | address of the market where the operation will happen. |
account | address | address of the account to check for possible shortfall. |
amount | uint256 | amount that the account wants to withdraw or transfer. |
function checkBorrow(contract Market market, address borrower) external nonpayable
Validates that the current state of the position and system are valid.
To be called after adding the borrowed debt to the account position.
Parameters
Name | Type | Description |
|---|---|---|
market | contract Market | address of the market where the borrow is made. |
borrower | address | address of the account that will repay the debt. |
function enableMarket(contract Market market, contract IPriceFeed priceFeed, uint128 adjustFactor, uint8 decimals) external nonpayable
Enables a certain market.
Enabling more than 256 markets will cause an overflow when casting market index to uint8.
Parameters
Name | Type | Description |
|---|---|---|
market | contract Market | market to add to the protocol. |
priceFeed | contract IPriceFeed | address of Chainlink's Price Feed aggregator used to query the asset price in base. |
adjustFactor | uint128 | market's adjust factor for the underlying asset. |
decimals | uint8 | decimals of the market's underlying asset. |
function enterMarket(contract Market market) external nonpayable
Allows assets of a certain market to be used as collateral for borrowing other assets.
Parameters
Name | Type | Description |
|---|---|---|
market | contract Market | market to enabled as collateral. |
function exitMarket(contract Market market) external nonpayable
Removes market from sender's account liquidity calculation.
Sender must not have an outstanding borrow balance in the asset, or be providing necessary collateral for an outstanding borrow.
Parameters
Name | Type | Description |
|---|---|---|
market | contract Market | market to be disabled as collateral. |
function handleBadDebt(address account) external nonpayable
Checks if account has debt with no collateral, if so then call
clearBadDebt from each market.Collateral is multiplied by price and adjust factor to be accurately evaluated as positive collateral asset.
Parameters
Name | Type | Description |
|---|---|---|
account | address | account in which debt is being checked. |
Last modified 1mo ago