Closed 0xdecr1pto closed 8 months ago
There is actually a rule in the crafters checklist (which is missing from the reviewers checklist) on how to name the PR. Therefore, please rename it to Mainnet spell 2024-03-06
🙂
Good to deploy:
Preparation
makerdao/community
GitHub repoExecutive vote - Month DD, YYYY.md
TARGET_DATE
, generate Exec Doc Hash via make exec-hash date=$TARGET_DATE $URL
Insert your Exec Doc Hash here
0x58137ea863fa6ff936cfa4aa430826c5c548b1e863acf4da8df0cdc465f7090ccast keccak -- "$(curl '$URL' -o - 2>/dev/null)"
Insert your Exec Doc Hash here
0x58137ea863fa6ff936cfa4aa430826c5c548b1e863acf4da8df0cdc465f7090cIf this executive proposal passes, the following transfers for Aligned Delegate Compensation will be made to qualifying Aligned Delegates.
Delegate | Amount (MKR) | Address |
---|---|---|
BLUE | 41.67 | 0xb6c09680d822f162449cdfb8248a7d3fc26ec9bf |
BONAPUBLICA | 41.67 | 0x167c1a762B08D7e78dbF8f24e5C3f1Ab415021D3 |
Cloaky | 41.67 | 0x869b6d5d8FA7f4FFdaCA4D23FFE0735c5eD1F818 |
TRUE NAME | 41.67 | 0x612f7924c367575a0edf21333d96b15f1b345a5d |
0xDefensor | 23.71 | 0x9542b441d65B6BF4dDdd3d4D2a66D8dCB9EE07a9 |
JAG | 13.89 | 0x58D1ec57E4294E4fe650D1CB12b96AE34349556f |
UPMaker | 13.89 | 0xbb819df169670dc71a16f58f55956fe642cc6bcd |
vigilant | 13.89 | 0x2474937cB55500601BCCE9f4cb0A0A72Dc226F61 |
PBG | 13.44 | 0x8D4df847dB7FfE0B46AF084fE031F7691C6478c2 |
Pipkin | 5.82 | 0x0E661eFE390aE39f90a58b04CF891044e56DEDB7 |
QGov | 4.48 | 0xB0524D8707F76c681901b782372EbeD2d4bA28a6 |
WBC | 4.03 | 0xeBcE83e491947aDB1396Ee7E55d3c81414fB0D47 |
This is a total of: 259.83 MKR.
hop
UpdateIf this executive proposal passes the following change to the hop
parameter of the Smart Burn Engine will take place:
hop
parameter by 6,570 seconds from 26,280 seconds to 19,710 seconds.If this executive proposal passes the following transfers to the Launch Project will take place:
If this executive proposal passes the following transfer of a whistleblower bounty will take place:
Note: The MKR amount has been rounded to 2 decimal places to aid in the spellcrafting and verification process.
gap
ChangesIf this executive proposal passes the following changes to the gap
parameter will take place:
gap
by 2 million DAI from 2 million DAI to 4 million DAI.gap
by 6 million DAI from 2 million DAI to 8 million DAI.If this executive proposal passes a Spark Protocol proxy spell at 0xf3449d6D5827F0F6e0eE4a941f058307056D3736 will be executed. The expected contents of this are:
This new feature will enable dynamic adjustments to borrow and supply caps. The core mechanism is similar to the Debt Ceiling Instant Access Modules (DC-IAM) used for Maker core vaults and will help reduce governance overhead in maintaining the supply and borrow caps for various assets.
If this executive proposal passes, the module will be activated with the following max limit (max
), buffer size (gap)
, and cooldown (ttl
) parameters for the covered assets:
WETH
gap
: 150,000 WETHttl
: 12 hoursmax
: 2 million WETHgap
: 10,000 WETHttl
: 12 hoursmax
: 1 million WETHwstETH
gap
: 50,000 wstETHttl
: 12 hoursmax
: 1.2 million wstETHgap
: 100 wstETHttl
: 12 hoursmax
: 3,000 wstETHrETH
gap
: 10,000 rETHttl
: 12 hoursmax
: 80,000 rETHgap
: 100 rETHttl
: 12 hoursmax
: 2,400 rETHWBTC
gap
: 500 WBTCttl
: 12 hoursmax
: 5,000 WBTCgap
: 100 WBTCttl
: 12 hoursmax
: 2,000 WBTCsDAI
gap
: 50 million sDAIttl
: 12 hoursmax
: 1 billion sDAIUSDC
gap
: N/Attl
: N/Amax
: 60 million USDCgap
: 6 million USDCttl
: 12 hoursmax
: 57 million USDCUSDT
gap
: N/Attl
: N/Amax
: 30 million USDTgap
: 3 million USDTttl
: 12 hoursmax
: 28.5 million USDTIf this executive proposal passes the following collateral parameter changes will be made to SparkLend:
WETH
wstETH
rETH
WBTC
sDAI
ETH emode
Increase LTV from 90% to 92%
[x] Ensure that instructions announced in the Exec Doc match instructions in the Exec Sheet
0.8.16
true
IF spell introduces a major change that can affect external parties (e.g.: keepers are affected in case of collateral offboarding) OTHERWISE explicitly set to false
block.timestamp + 30 days
)TARGET_DATE MakerDAO Executive Spell | Hash: EXEC_DOC_HASH
TARGET_DATE
in the description matches the Exec Doc target date// Hash: cast keccak -- "$(wget 'EXEC_DOC_URL' -q -O - 2>/dev/null)"
// ----- Section text -----
)// Instruction text
// Note:
(e.g.: // Note: Payments are skipped on goerli
)chainlog
version bump), the necessity of it is explained in the comment above prefixed with // Note:
Reasoning URL
and Authority URL
is present in the spell code under relevant section or instruction (depending on which row the url is present)Reasoning URL
and Authority URL
have prefix derived from the url itself
// Executive Vote:
if URL starts with https://vote.makerdao.com/executive/
// Poll:
if URL starts with https://vote.makerdao.com/polling/
// Forum:
if URL starts with https://forum.makerdao.com/t/
// MIP:
if URL starts with https://mips.makerdao.com/mips/details/
foundryup
rm -rf ./lib && git submodule update --init --recursive
Insert checked out submodule paths here
Submodule path 'lib/dss-exec-lib': checked out '69b658f35d8618272cd139dfc18c5713caf6b96b'
Submodule path 'lib/dss-exec-lib/lib/dss-interfaces': checked out '9bfd7afadd1f8c217ef05850b2555691786286cb'
Submodule path 'lib/dss-exec-lib/lib/forge-std': checked out '0aa99eb8456693c015350c5e6c4f442ebe912f77'
Submodule path 'lib/dss-exec-lib/lib/forge-std/lib/ds-test': checked out 'cd98eff28324bfac652e63a239a60632a761790b'
Submodule path 'lib/dss-test': checked out '36ff4adbcb35760614e0d2df864026991c23d028'
Submodule path 'lib/dss-test/lib/dss-interfaces': checked out '9bfd7afadd1f8c217ef05850b2555691786286cb'
Submodule path 'lib/dss-test/lib/forge-std': checked out '155d547c449afa8715f538d69454b83944117811'
Submodule path 'lib/dss-test/lib/forge-std/lib/ds-test': checked out 'e282159d5170298eb2455a6c05280ab5a73a4ef0'
dss-exec-lib
is synced as welldss-exec-lib
(run git submodule status
) matches the latest release version or newerdss-interfaces
library used inside lib/dss-exec-lib
matches submodule used inside lib/dss-test
dss-interfaces
dss-interfaces
import "dss-interfaces/dss/VatAbstract.sol";
)dss-interfaces
, OTHERWISE should be imported from therecast interface <contract_address>
commandLike
suffix (e.g. VatLike
)
WAD = 10 ** 18
RAY = 10 ** 27
RAD = 10 ** 45
internal
constant
HUNDRED = 10 ** 2
THOUSAND = 10 ** 3
MILLION = 10 ** 6
BILLION = 10 ** 9
internal
constant
make rates pct=<pct>
(e.g. pct=0.75, for 0.75%)X_PT_Y_Z_PCT_RATE
(e.g. ZERO_PT_SEVEN_FIVE_PCT_RATE
for 0.75%)internal
constant
UTC
timezoneUTC
timezoneMMM_DD_YYYY
(e.g. JAN_01_2023
for 2023-01-01)23:59:59 UTC
for the final day of something, 00:00:00 UTC
for the first day of something)internal
constant
GNU AGPLv3
licensevat
, dai
, dog
, ...)wards
or access controlPAUSE_PROXY
address was relied
(wards(PAUSE_PROXY)
is 1
)denied
(wards(deployer)
is 0
)MCD_ESM
address is already relied OR being relied
(wards(MCD_ESM)
is 1
) in this spell (as approved by Governance Facilitators, in order to allow de-authing the pause proxy during Emergency Shutdown, via denyProxy
)Rely
events except for PAUSE_PROXY
and MCD_ESM
(using a block explorer like etherscan)code --diff etherscan.sol github.sol
)addresses_deployers.sol
jug.ilk.duty
) is updatedDssExecLib.setIlkStabilityFee(ilk, rate, doDrip)
) is used// Increase ILK-A Stability Fee by X.XX% from X.XX% to X.XX%
pot.dsr
) is updatedDssExecLib.setDSR(rate, doDrip)
) is used// Increase DSR by X.XX% from X.XX% to X.XX%
make rates pct=<pct>
(e.g. pct=0.75, for 0.75%)spotter.ilk.mat
is updated, (DssExecLib.setIlkLiquidationRatio(ilk, pct_bps)
) is useddog.ilk.hole
is updated, (DssExecLib.setIlkMaxLiquidationAmount(ilk, amount)
) is usedvat.ilk.dust
is updated, (DssExecLib.setIlkMinVaultAmount(ilk, amount)
) is useddog.ilk.chop
is updated, (DssExecLib.setIlkLiquidationPenalty(ilk, pct_bps)
) is usedclip.buf
is updated, (DssExecLib.setStartingPriceMultiplicativeFactor(ilk, pct_bps)
) is usedclipperMom.clip.tolerance
is updated, (DssExecLib.setLiquidationBreakerPriceTolerance(clip, pct_bps)
) is usedclip.tail
is updated, (DssExecLib.setAuctionTimeBeforeReset(ilk, duration)
) is usedclip.cusp
is updated, (DssExecLib.setAuctionPermittedDrop(ilk, pct_bps)
) is usedclip.chip
is updated, (DssExecLib.setKeeperIncentivePercent(ilk, pct_bps)
) is usedclip.tip
is updated, (DssExecLib.setKeeperIncentiveFlatRate(ilk, amount)
) is usedcalc.tau
is updated, (DssExecLib.setLinearDecrease(calc, duration)
) is usedcalc.cut
or calc.step
are updated, DssExecLib.setStairstepExponentialDecrease(calc, duration, pct_bps)
is usedilk
) have AutoLine enabled (MCD_IAM_AUTO_LINE
)0
MCD_IAM_AUTO_LINE
) via DssExecLib.removeIlkFromAutoLine(ilk)
MCD_IAM_AUTO_LINE
) is present in the Exec Sheet0
via DssExecLib.setIlkDebtCeiling(ilk, amount)
vat.Line
) is updated accordingly, UNLESS specifically instructed not toAutoLine
parameters are updated
DssExecLib.setIlkAutoLineDebtCeiling(ilk, amount)
DssExecLib.setIlkAutoLineParameters(ilk, amount, gap, ttl)
vat.ilk.line
) is updatedilk
) have AutoLine
disabled previously or in the spellvat.Line
) is updated accordingly, UNLESS specifically instructed not to, via EITHER:global
set to true
in increaseIlkDebtCeiling
/decreaseIlkDebtCeiling
DssExecLib.setGlobalDebtCeiling(amount)
DssExecLib.increaseGlobalDebtCeiling(amount)
DssExecLib.decreaseGlobalDebtCeiling(amount)
ilk
) is removed from AutoLine (MCD_IAM_AUTO_LINE
) IF currently enabledvat.ilk.line
) is set to 0
vat.Line
) decreased by the total amount of offboarded ilkschop
) is set to 0
IF requested by governancetip
) is set to 0
IF requested by governancechip
) is set to 0
IF requested by governancehole
) is adjusted via DssExecLib.setIlkMaxLiquidationAmount(ilk, amount)
IF requested by governanceMCD_CLIP_
) is active (i.e. stopped
is 0
)spotter.ilk.mat
) being set very high in the spell (using DssExecLib.setValue(DssExecLib.spotter(), ilk, "mat", ratio)
)DssExecLib.linearInterpolation(name, target, ilk, what, startTime, start, end, duration)
)name
format matches "XXX-X Offboarding"target
matches DssExecLib.spotter()
addressilk
format matches collateral type (ilk
) name ("XXX-X"
)what
matches string "mat"
startTime
matches block.timestamp
start
uses variable CURRENT_XXX_A_MAT
start
matches current spotter.ilk.mat
valueend
uses variable TARGET_XXX_A_MAT
end
value matches the instructionend
allows liquidation of all remaining vaults (end
is bigger than collateral_type_collateralization_ratio * risk_multiplier_factor
)duration
matches the instructionDssExecLib.updateCollateralPrice(ilk)
IF collateral have no running oracle (i.e. relevant PIP_
contract have outdated zzz
value)_checkIlkClipper
helperdoc
is updated_updateDoc
helper is copied one-to-one from the archive and defined above actions
_updateDoc(ilk, doc)
is called in the spellDssExecLib.setIlkAutoLineParameters(ilk, amount, gap, ttl)
or DssExecLib.setIlkAutoLineDebtCeiling(ilk, amount)
vat.ilk.line
) update is requested by the Exec Docilk
) have AutoLine
disabled previously or in the spellvat.ilk.line
) is updated, via EITHER:vat.Line
) is updated accordingly, UNLESS specifically instructed not to, via EITHER:global
set to true
in increaseIlkDebtCeiling
/decreaseIlkDebtCeiling
DssExecLib.setGlobalDebtCeiling(amount)
DssExecLib.increaseGlobalDebtCeiling(amount)
DssExecLib.decreaseGlobalDebtCeiling(amount)
RwaLiquidationOracleLike(MIP21_LIQUIDATION_ORACLE).bump(ilk, val)
patternbump
explains val
computation via // Note: the formula is: "debt_ceiling * [ (1 + rwa_stability_fee ) ^ (minimum_deal_duration_in_years) ] * liquidation_ratio"
bump
provides locally executable formula (e.g. // bc -l <<< 'scale=18; 50000000 * e(l(1.07) * (3342/365)) * 1.00' | cast --to-wei
)debt_ceiling
in the executable formula matches new debt ceiling set in the spell or the maximum possible debt ceiling in case of the enabled AutoLinerwa_stability_fee
in the executable formula matches stability fee of the specified RWA found on chainminimum_deal_duration_in_years
in the executable formula matches number found in the Exec Doc of the spell containing relevant RWA onboardingliquidation_ratio
in the executable formula matches liquidation ratio of the specified RWA found on chainval
in the spellval
makes sense in context of the rate mechanismval
calculation is done once per ilk and added to make the total, with separate executable formulas provided in comments. The existing val
value can be retrieved by calling read()
on PIP_RWAXX
and converting the result into decimalDssExecLib.updateCollateralPrice(ilk)
.tell(ilk)
) AND debt ceiling is 0
(OR is being set to 0
in the current spell)RwaLiquidationOracle.tell(ilk)
call is presentRWAXX_A_INPUT_CONDUIT
is an instance of TinlakeMgr
(it is a Centrifuge integration), additional TinlakeMgr.tell()
call is present (in order to prevent further TIN
redemptions in the Centrifuge pool)MKR
transfers are presentaddresses_wallets.sol
ether
keywordether
keyword is used, comment is present on the same line // Note: ether is a keyword helper, only MKR is transferred here
testMKRPayments
testtestMKRPayments
matches number in the Exec DocDAI
surplus buffer transfers are presentaddresses_wallets.sol
testDAIPayments
testtestDAIPayments
matches number in the Exec DocMKR
or DAI
streams (DssVest
) are createdVestAbstract
interface is imported from dss-interfaces/dss/VestAbstract.sol
restrict
is used for each stream, UNLESS otherwise explicitly stated in the Exec Docusr
(Vest recipient address) matches Exec Docusr
address in the instruction is in the checksummed formatusr
address variable name match one found in addresses_wallets.sol
tot
(Total stream amount) matches Exec Docether
keyword is used, comment is present on the same line // Note: ether is a keyword helper, only MKR is transferred here
bgn
(Vest start timestamp) matches Exec Doctau
is expressed as bgn - fin
(i.e. MONTH_DD_YYYY - MONTH_DD_YYYY
)fin
(Vest end timestamp) matches Exec Doceta
(Vest cliff duration) matches the following logiceta
is explicitly specified in the Exec Doc, then the values matcheta
and clf
(Cliff end timestamp) are not specified in the Exec Doc, then eta
is 0
clf
is specified, but clf <= bgn
, then eta
is 0
clf
is specified and clf > bgn
, eta
is expressed as clf - bgn
(i.e. MONTH_DD_YYYY - MONTH_DD_YYYY
)mgr
(Vest manager address) is specified in the Exec Doc, matches the value, OTHERWISE matches address(0)
cap
) is enough for the new streamstot
divided by tau
) <=
the maximum vest streaming rate (cap
)tot
divided by tau
) >
the maximum vest streaming rate (cap
)cap
value equal to 10% greater than the new maximum vesting rate, then round new cap
up with 2 significant figure precision (i.e. 2446 becomes 2500)cap
) is changed in the spelltotal
(the sum of all tot
values)testVestDAI
or testVestMKR
MKR
or DAI
vest termination (Yank
) is presentMCD_VEST_MKR_TREASURY
chainlog address is used for MKR stream yank
MCD_VEST_DAI
chainlog address is used for DAI stream yank
testYankDAI
or testYankMKR
ProxyLike(SUBDAO_PROXY).exec(SUBDAO_SPELL, abi.encodeWithSignature("execute()"));
addresses_deployers.sol
as an entryDelegateCall
context)vat
, etc. (Check comprehensively where the risk is high)PAUSE_PROXY
as their admin
(i.e. the party that can upgrade)admin
that is not PAUSE_PROXY
are not authed on any core contracts (Blocking)delegatecall
CREATE2
(e.g. if it looks like a vanity address) do not have selfdestruct
in their codeaddresses_mainnet.sol
testNewOrUpdatedChainlogValues
public
/internal
immutable
visibility is only used when fetching addresses from the ChainLog
via DssExecLib.getChangelogAddress(key)
and constant
is used instead for static addresses
address
and wrap with Like
suffix interfaces inline (when making calls), UNLESS archive patterns permit otherwise (Such as MKR
)DssExecLib.vat()
)ChainLog
, the variable name must match the value of the ChainLog key for that address (e.g. MCD_VAT
rather than vat
), except where the archive pattern differs from this pattern (e.g. MKR)Tests
[x] Ensure that the DssExecLib.address
file is not being modified by the spell PR
[x] Check all CI tests are passing as at the latest commit Insert most recent commit hash where CI was passing 93bb85466b18bae6a202a7fe59debfe04da72836
[x] Ensure every test function is declared as public
[x] IF the test needs to run, it MUST NOT have the skipped
modifier; OTHERWISE, it MUST have the skipped
modifier
[x] Ensure each spell action has sufficient test coverage List actions for which coverage was checked here
Delegate Compensation for February 2024 tested in testMKRPayments()
Smart Burn Engine hop
Update tested in testGeneral()
Launch Project Funding tested in testMKRPayments()
and testDAIPayments
Whistleblower Bounty Payment tested in testMKRPayments()
WBTC vault gap Changes tested in testGeneral()
Spark Proxy Spell tested in testSparkSpellIsExecuted()
[x] Ensure that any other env variable does not affect execution of the tests (for example, by inspecting the output of printenv | grep "FOUNDRY_\|DAPP_"
)
[x] Check all tests are passing locally using make test
[x] Ensure every test listed in the coverage item above is present in the logs and with the [PASS]
prefix.
_Insert your local test logs here_
odd@Workstation spells-mainnet % make test
./scripts/test-dssspell-forge.sh no-match="" match="" block=""
Using DssExecLib at: 0x8De6DDbCd5053d32292AAA0D2105A32d108484a6
[⠆] Compiling...
No files changed, compilation skipped
Ran 2 tests for src/test/starknet.t.sol:StarknetTests
[PASS] testStarknet() (gas: 3019007)
[PASS] testStarknetSpell() (gas: 2324)
Suite result: ok. 2 passed; 0 failed; 0 skipped; finished in 24.68s (22.47s CPU time)
Ran 33 tests for src/DssSpell.t.sol:DssSpellTest
[SKIP] testBytecodeMatches() (gas: 0)
[PASS] testCastCost() (gas: 2876161)
[PASS] testCastOnTime() (gas: 2873079)
[SKIP] testChainlogIntegrity() (gas: 0)
[PASS] testChainlogValues() (gas: 11159291)
[SKIP] testCollateralIntegrations() (gas: 0)
[PASS] testContractSize() (gas: 11139)
[PASS] testDAIPayments() (gas: 2944103)
[SKIP] testDaoResolutions() (gas: 0)
[PASS] testDeployCost() (gas: 2482005)
[SKIP] testEsmAuth() (gas: 0)
[PASS] testGeneral() (gas: 29202813)
[SKIP] testIlkClipper() (gas: 0)
[SKIP] testL2ArbitrumSpell() (gas: 0)
[SKIP] testL2OptimismSpell() (gas: 0)
[SKIP] testLerpSurplusBuffer() (gas: 0)
[PASS] testMKRPayments() (gas: 2996438)
[SKIP] testMedianizers() (gas: 0)
[SKIP] testNewIlkRegistryValues() (gas: 0)
[PASS] testNextCastTime() (gas: 446546)
[SKIP] testOSMs() (gas: 0)
[SKIP] testOffboardings() (gas: 0)
[PASS] testOfficeHours() (gas: 496278)
[SKIP] testOracleList() (gas: 0)
[PASS] testPSMs() (gas: 4170221)
[SKIP] testRemoveChainlogValues() (gas: 0)
[PASS] testRevertIfNotScheduled() (gas: 17507)
[PASS] testSparkSpellIsExecuted() (gas: 2878996)
[PASS] testUseEta() (gas: 352652)
[SKIP] testVestDAI() (gas: 0)
[SKIP] testVestMKR() (gas: 0)
[SKIP] testYankDAI() (gas: 0)
[SKIP] testYankMKR() (gas: 0)
Suite result: ok. 14 passed; 0 failed; 19 skipped; finished in 281.04s (592.66s CPU time)
Ran 2 test suites in 281.62s (305.71s CPU time): 16 tests passed, 0 failed, 19 skipped (35 total tests)
finished in 281.04s
Oh man, this feels so good 🐸
TLDR: good to deploy
makerdao/community
GitHub repo
https://github.com/makerdao/community/blob/master/governance/votes/Executive%20Vote%20-%20March%206%2C%202024.mdExecutive vote - Month DD, YYYY.md
TARGET_DATE
, generate Exec Doc Hash via make exec-hash date=$TARGET_DATE $URL
Insert your Exec Doc Hash here
:warning: Script fails with date: illegal option -- d
, which is a known problem, but hash is successfully generated via the next commandcast keccak -- "$(curl '$URL' -o - 2>/dev/null)"
Insert your Exec Doc Hash here
0x58137ea863fa6ff936cfa4aa430826c5c548b1e863acf4da8df0cdc465f7090c0.8.16
true
IF spell introduces a major change that can affect external parties (e.g.: keepers are affected in case of collateral offboarding) OTHERWISE explicitly set to false
block.timestamp + 30 days
)TARGET_DATE MakerDAO Executive Spell | Hash: EXEC_DOC_HASH
TARGET_DATE
in the description matches the Exec Doc target date// Hash: cast keccak -- "$(wget 'EXEC_DOC_URL' -q -O - 2>/dev/null)"
// ----- Section text -----
)// Instruction text
// Note:
(e.g.: // Note: Payments are skipped on goerli
)chainlog
version bump), the necessity of it is explained in the comment above prefixed with // Note:
Reasoning URL
and Authority URL
is present in the spell code under relevant section or instruction (depending on which row the url is present)Reasoning URL
and Authority URL
have prefix derived from the url itself
// Executive Vote:
if URL starts with https://vote.makerdao.com/executive/
// Poll:
if URL starts with https://vote.makerdao.com/polling/
// Forum:
if URL starts with https://forum.makerdao.com/t/
// MIP:
if URL starts with https://mips.makerdao.com/mips/details/
foundryup
rm -rf ./lib && git submodule update --init --recursive
Insert checked out submodule paths here
Submodule path 'lib/dss-exec-lib': checked out '69b658f35d8618272cd139dfc18c5713caf6b96b'
Submodule path 'lib/dss-test': checked out '36ff4adbcb35760614e0d2df864026991c23d028'
dss-exec-lib
is synced as welldss-exec-lib
(run git submodule status
) matches the latest release version or newerdss-interfaces
library used inside lib/dss-exec-lib
matches submodule used inside lib/dss-test
dss-interfaces
dss-interfaces
import "dss-interfaces/dss/VatAbstract.sol";
)dss-interfaces
, OTHERWISE should be imported from therecast interface <contract_address>
command
:warning: ProxyLike.exec
have slightly different interface when calling cast interface 0x3300f198988e4C9C63F75dF86De36421f06af8c4
(which returns function exec(address target, bytes memory args) external payable returns (bytes memory out)
), but it's a known situation that cast/etherscan can't distinguish between calldata
and memory
. Instead checked that defined interface actually matches verified source codeLike
suffix (e.g. VatLike
)
WAD = 10 ** 18
RAY = 10 ** 27
RAD = 10 ** 45
internal
constant
HUNDRED = 10 ** 2
THOUSAND = 10 ** 3
MILLION = 10 ** 6
BILLION = 10 ** 9
internal
constant
make rates pct=<pct>
(e.g. pct=0.75, for 0.75%)X_PT_Y_Z_PCT_RATE
(e.g. ZERO_PT_SEVEN_FIVE_PCT_RATE
for 0.75%)internal
constant
UTC
timezoneUTC
timezoneMMM_DD_YYYY
(e.g. JAN_01_2023
for 2023-01-01)23:59:59 UTC
for the final day of something, 00:00:00 UTC
for the first day of something)internal
constant
GNU AGPLv3
licensevat
, dai
, dog
, ...)wards
or access controlPAUSE_PROXY
address was relied
(wards(PAUSE_PROXY)
is 1
)denied
(wards(deployer)
is 0
)MCD_ESM
address is already relied OR being relied
(wards(MCD_ESM)
is 1
) in this spell (as approved by Governance Facilitators, in order to allow de-authing the pause proxy during Emergency Shutdown, via denyProxy
)Rely
events except for PAUSE_PROXY
and MCD_ESM
(using a block explorer like etherscan)code --diff etherscan.sol github.sol
)addresses_deployers.sol
flap.hop
is updated using DssExecLib.setValue
based on the archive pattern
jug.ilk.duty
) is updatedDssExecLib.setIlkStabilityFee(ilk, rate, doDrip)
) is used// Increase ILK-A Stability Fee by X.XX% from X.XX% to X.XX%
pot.dsr
) is updatedDssExecLib.setDSR(rate, doDrip)
) is used// Increase DSR by X.XX% from X.XX% to X.XX%
make rates pct=<pct>
(e.g. pct=0.75, for 0.75%)spotter.ilk.mat
is updated, (DssExecLib.setIlkLiquidationRatio(ilk, pct_bps)
) is useddog.ilk.hole
is updated, (DssExecLib.setIlkMaxLiquidationAmount(ilk, amount)
) is usedvat.ilk.dust
is updated, (DssExecLib.setIlkMinVaultAmount(ilk, amount)
) is useddog.ilk.chop
is updated, (DssExecLib.setIlkLiquidationPenalty(ilk, pct_bps)
) is usedclip.buf
is updated, (DssExecLib.setStartingPriceMultiplicativeFactor(ilk, pct_bps)
) is usedclipperMom.clip.tolerance
is updated, (DssExecLib.setLiquidationBreakerPriceTolerance(clip, pct_bps)
) is usedclip.tail
is updated, (DssExecLib.setAuctionTimeBeforeReset(ilk, duration)
) is usedclip.cusp
is updated, (DssExecLib.setAuctionPermittedDrop(ilk, pct_bps)
) is usedclip.chip
is updated, (DssExecLib.setKeeperIncentivePercent(ilk, pct_bps)
) is usedclip.tip
is updated, (DssExecLib.setKeeperIncentiveFlatRate(ilk, amount)
) is usedcalc.tau
is updated, (DssExecLib.setLinearDecrease(calc, duration)
) is usedcalc.cut
or calc.step
are updated, DssExecLib.setStairstepExponentialDecrease(calc, duration, pct_bps)
is usedilk
) have AutoLine enabled (MCD_IAM_AUTO_LINE
)0
MCD_IAM_AUTO_LINE
) via DssExecLib.removeIlkFromAutoLine(ilk)
MCD_IAM_AUTO_LINE
) is present in the Exec Sheet0
via DssExecLib.setIlkDebtCeiling(ilk, amount)
vat.Line
) is updated accordingly, UNLESS specifically instructed not toAutoLine
parameters are updated
DssExecLib.setIlkAutoLineDebtCeiling(ilk, amount)
DssExecLib.setIlkAutoLineParameters(ilk, amount, gap, ttl)
vat.ilk.line
) is updatedilk
) have AutoLine
disabled previously or in the spellvat.Line
) is updated accordingly, UNLESS specifically instructed not to, via EITHER:global
set to true
in increaseIlkDebtCeiling
/decreaseIlkDebtCeiling
DssExecLib.setGlobalDebtCeiling(amount)
DssExecLib.increaseGlobalDebtCeiling(amount)
DssExecLib.decreaseGlobalDebtCeiling(amount)
ilk
) is removed from AutoLine (MCD_IAM_AUTO_LINE
) IF currently enabledvat.ilk.line
) is set to 0
vat.Line
) decreased by the total amount of offboarded ilkschop
) is set to 0
IF requested by governancetip
) is set to 0
IF requested by governancechip
) is set to 0
IF requested by governancehole
) is adjusted via DssExecLib.setIlkMaxLiquidationAmount(ilk, amount)
IF requested by governanceMCD_CLIP_
) is active (i.e. stopped
is 0
)spotter.ilk.mat
) being set very high in the spell (using DssExecLib.setValue(DssExecLib.spotter(), ilk, "mat", ratio)
)DssExecLib.linearInterpolation(name, target, ilk, what, startTime, start, end, duration)
)name
format matches "XXX-X Offboarding"target
matches DssExecLib.spotter()
addressilk
format matches collateral type (ilk
) name ("XXX-X"
)what
matches string "mat"
startTime
matches block.timestamp
start
uses variable CURRENT_XXX_A_MAT
start
matches current spotter.ilk.mat
valueend
uses variable TARGET_XXX_A_MAT
end
value matches the instructionend
allows liquidation of all remaining vaults (end
is bigger than collateral_type_collateralization_ratio * risk_multiplier_factor
)duration
matches the instructionDssExecLib.updateCollateralPrice(ilk)
IF collateral have no running oracle (i.e. relevant PIP_
contract have outdated zzz
value)_checkIlkClipper
helperdoc
is updated_updateDoc
helper is copied one-to-one from the archive and defined above actions
_updateDoc(ilk, doc)
is called in the spellDssExecLib.setIlkAutoLineParameters(ilk, amount, gap, ttl)
or DssExecLib.setIlkAutoLineDebtCeiling(ilk, amount)
vat.ilk.line
) update is requested by the Exec Doc
ilk
) have AutoLine
disabled previously or in the spellvat.ilk.line
) is updated, via EITHER:vat.Line
) is updated accordingly, UNLESS specifically instructed not to, via EITHER:global
set to true
in increaseIlkDebtCeiling
/decreaseIlkDebtCeiling
DssExecLib.setGlobalDebtCeiling(amount)
DssExecLib.increaseGlobalDebtCeiling(amount)
DssExecLib.decreaseGlobalDebtCeiling(amount)
RwaLiquidationOracleLike(MIP21_LIQUIDATION_ORACLE).bump(ilk, val)
patternbump
explains val
computation via // Note: the formula is: "debt_ceiling * [ (1 + rwa_stability_fee ) ^ (minimum_deal_duration_in_years) ] * liquidation_ratio"
bump
provides locally executable formula (e.g. // bc -l <<< 'scale=18; 50000000 * e(l(1.07) * (3342/365)) * 1.00' | cast --to-wei
)debt_ceiling
in the executable formula matches new debt ceiling set in the spell or the maximum possible debt ceiling in case of the enabled AutoLinerwa_stability_fee
in the executable formula matches stability fee of the specified RWA found on chainminimum_deal_duration_in_years
in the executable formula matches number found in the Exec Doc of the spell containing relevant RWA onboardingliquidation_ratio
in the executable formula matches liquidation ratio of the specified RWA found on chainval
in the spellval
makes sense in context of the rate mechanismval
calculation is done once per ilk and added to make the total, with separate executable formulas provided in comments. The existing val
value can be retrieved by calling read()
on PIP_RWAXX
and converting the result into decimalDssExecLib.updateCollateralPrice(ilk)
.tell(ilk)
) AND debt ceiling is 0
(OR is being set to 0
in the current spell)
RwaLiquidationOracle.tell(ilk)
call is presentRWAXX_A_INPUT_CONDUIT
is an instance of TinlakeMgr
(it is a Centrifuge integration), additional TinlakeMgr.tell()
call is present (in order to prevent further TIN
redemptions in the Centrifuge pool)MKR
transfers are presentaddresses_wallets.sol
ether
keywordether
keyword is used, comment is present on the same line // Note: ether is a keyword helper, only MKR is transferred here
testMKRPayments
testtestMKRPayments
matches number in the Exec Doc
:warning: There is no number in the Exec Doc that specifies the sum of all MKR transfers. But it's present in the Exec Sheet and matches the testDAI
surplus buffer transfers are presentaddresses_wallets.sol
testDAIPayments
testtestDAIPayments
matches number in the Exec Doc
:warning: There is no number in the Exec Doc that specifies the sum of all DAI payments. But it present in the Exec SheetMKR
or DAI
streams (DssVest
) are createdVestAbstract
interface is imported from dss-interfaces/dss/VestAbstract.sol
restrict
is used for each stream, UNLESS otherwise explicitly stated in the Exec Docusr
(Vest recipient address) matches Exec Docusr
address in the instruction is in the checksummed formatusr
address variable name match one found in addresses_wallets.sol
tot
(Total stream amount) matches Exec Docether
keyword is used, comment is present on the same line // Note: ether is a keyword helper, only MKR is transferred here
bgn
(Vest start timestamp) matches Exec Doctau
is expressed as bgn - fin
(i.e. MONTH_DD_YYYY - MONTH_DD_YYYY
)fin
(Vest end timestamp) matches Exec Doceta
(Vest cliff duration) matches the following logiceta
is explicitly specified in the Exec Doc, then the values matcheta
and clf
(Cliff end timestamp) are not specified in the Exec Doc, then eta
is 0
clf
is specified, but clf <= bgn
, then eta
is 0
clf
is specified and clf > bgn
, eta
is expressed as clf - bgn
(i.e. MONTH_DD_YYYY - MONTH_DD_YYYY
)mgr
(Vest manager address) is specified in the Exec Doc, matches the value, OTHERWISE matches address(0)
cap
) is enough for the new streamstot
divided by tau
) <=
the maximum vest streaming rate (cap
)tot
divided by tau
) >
the maximum vest streaming rate (cap
)cap
value equal to 10% greater than the new maximum vesting rate, then round new cap
up with 2 significant figure precision (i.e. 2446 becomes 2500)cap
) is changed in the spell
total
(the sum of all tot
values)testVestDAI
or testVestMKR
MKR
or DAI
vest termination (Yank
) is presentMCD_VEST_MKR_TREASURY
chainlog address is used for MKR stream yank
MCD_VEST_DAI
chainlog address is used for DAI stream yank
testYankDAI
or testYankMKR
ProxyLike(SUBDAO_PROXY).exec(SUBDAO_SPELL, abi.encodeWithSignature("execute()"));
addresses_deployers.sol
as an entryDelegateCall
context)vat
, etc. (Check comprehensively where the risk is high)PAUSE_PROXY
as their admin
(i.e. the party that can upgrade)admin
that is not PAUSE_PROXY
are not authed on any core contracts (Blocking)delegatecall
CREATE2
(e.g. if it looks like a vanity address) do not have selfdestruct
in their codeaddresses_mainnet.sol
testNewOrUpdatedChainlogValues
public
/internal
immutable
visibility is only used when fetching addresses from the ChainLog
via DssExecLib.getChangelogAddress(key)
and constant
is used instead for static addresses
address
and wrap with Like
suffix interfaces inline (when making calls), UNLESS archive patterns permit otherwise (Such as MKR
)DssExecLib.vat()
)ChainLog
, the variable name must match the value of the ChainLog key for that address (e.g. MCD_VAT
rather than vat
), except where the archive pattern differs from this pattern (e.g. MKR)DssExecLib.address
file is not being modified by the spell PRpublic
skipped
modifier; OTHERWISE, it MUST have the skipped
modifiertestMKRPayments
testGeneral
testDAIPayments
testMKRPayments
testMKRPayments
testGeneral
testSparkSpellIsExecuted
printenv | grep "FOUNDRY_\|DAPP_"
)make test
[PASS]
prefix._Insert your local test logs here_
./scripts/test-dssspell-forge.sh no-match="" match="" block=""
Using DssExecLib at: 0x8De6DDbCd5053d32292AAA0D2105A32d108484a6
[⠢] Compiling...
No files changed, compilation skipped
Ran 2 tests for src/test/starknet.t.sol:StarknetTests
[PASS] testStarknet() (gas: 3019063)
[PASS] testStarknetSpell() (gas: 2324)
Suite result: ok. 2 passed; 0 failed; 0 skipped; finished in 35.08s (31.61s CPU time)
Ran 33 tests for src/DssSpell.t.sol:DssSpellTest
[SKIP] testBytecodeMatches() (gas: 0)
[PASS] testCastCost() (gas: 2876217)
[PASS] testCastOnTime() (gas: 2873135)
[SKIP] testChainlogIntegrity() (gas: 0)
[PASS] testChainlogValues() (gas: 11159347)
[SKIP] testCollateralIntegrations() (gas: 0)
[PASS] testContractSize() (gas: 11139)
[PASS] testDAIPayments() (gas: 2944859)
[SKIP] testDaoResolutions() (gas: 0)
[PASS] testDeployCost() (gas: 2482005)
[SKIP] testEsmAuth() (gas: 0)
[PASS] testGeneral() (gas: 29202869)
[SKIP] testIlkClipper() (gas: 0)
[SKIP] testL2ArbitrumSpell() (gas: 0)
[SKIP] testL2OptimismSpell() (gas: 0)
[SKIP] testLerpSurplusBuffer() (gas: 0)
[PASS] testMKRPayments() (gas: 2996494)
[SKIP] testMedianizers() (gas: 0)
[SKIP] testNewIlkRegistryValues() (gas: 0)
[PASS] testNextCastTime() (gas: 446546)
[SKIP] testOSMs() (gas: 0)
[SKIP] testOffboardings() (gas: 0)
[PASS] testOfficeHours() (gas: 495577)
[SKIP] testOracleList() (gas: 0)
[PASS] testPSMs() (gas: 4170277)
[SKIP] testRemoveChainlogValues() (gas: 0)
[PASS] testRevertIfNotScheduled() (gas: 17507)
[PASS] testSparkSpellIsExecuted() (gas: 2879052)
[PASS] testUseEta() (gas: 352652)
[SKIP] testVestDAI() (gas: 0)
[SKIP] testVestMKR() (gas: 0)
[SKIP] testYankDAI() (gas: 0)
[SKIP] testYankMKR() (gas: 0)
Suite result: ok. 14 passed; 0 failed; 19 skipped; finished in 358.74s (801.63s CPU time)
Ran 2 test suites in 359.30s (393.82s CPU time): 16 tests passed, 0 failed, 19 skipped (35 total tests)
Good to handover:
false
UNLESS the contract size is too big AND all mitigation strategies (i.e.: removing revert strings) have failedmake diff-deployed-spell
or manually)make check-deployed-spell
DssExecLib.address
filedeployed_spell_created
matches deployment timestampdeployed_spell_block
matches deployment block number
make deploy-info tx=<tx>
matches config
deployed_spell_created
timestampdeployed_spell_block
block numberDssExecLib.address
file (e.g. look under the 'Files Changed' PR tab, etc.)Libraries Used
matches DssExecLib Latest Releasemake diff-archive-spell
for current date or make diff-archive-spell date="YYYY-MM-DD"
DssExecLib.address
file is not being modified by the spell PRprintenv | grep "FOUNDRY_\|DAPP_"
)make test
_Insert your local test logs here_
odd@Workstation spells-mainnet % make test
./scripts/test-dssspell-forge.sh no-match="" match="" block=""
Using DssExecLib at: 0x8De6DDbCd5053d32292AAA0D2105A32d108484a6
[⠆] Compiling...
No files changed, compilation skipped
Ran 2 tests for src/test/starknet.t.sol:StarknetTests
[PASS] testStarknet() (gas: 3019007)
[PASS] testStarknetSpell() (gas: 2324)
Suite result: ok. 2 passed; 0 failed; 0 skipped; finished in 24.35s (22.74s CPU time)
Ran 33 tests for src/DssSpell.t.sol:DssSpellTest
[PASS] testBytecodeMatches() (gas: 2496960)
[PASS] testCastCost() (gas: 2876161)
[PASS] testCastOnTime() (gas: 2873079)
[SKIP] testChainlogIntegrity() (gas: 0)
[PASS] testChainlogValues() (gas: 11159291)
[SKIP] testCollateralIntegrations() (gas: 0)
[SKIP] testContractSize() (gas: 0)
[PASS] testDAIPayments() (gas: 2944218)
[SKIP] testDaoResolutions() (gas: 0)
[SKIP] testDeployCost() (gas: 0)
[SKIP] testEsmAuth() (gas: 0)
[PASS] testGeneral() (gas: 29204910)
[SKIP] testIlkClipper() (gas: 0)
[SKIP] testL2ArbitrumSpell() (gas: 0)
[SKIP] testL2OptimismSpell() (gas: 0)
[SKIP] testLerpSurplusBuffer() (gas: 0)
[PASS] testMKRPayments() (gas: 2996438)
[SKIP] testMedianizers() (gas: 0)
[SKIP] testNewIlkRegistryValues() (gas: 0)
[PASS] testNextCastTime() (gas: 446546)
[SKIP] testOSMs() (gas: 0)
[SKIP] testOffboardings() (gas: 0)
[PASS] testOfficeHours() (gas: 496171)
[SKIP] testOracleList() (gas: 0)
[PASS] testPSMs() (gas: 4170221)
[SKIP] testRemoveChainlogValues() (gas: 0)
[PASS] testRevertIfNotScheduled() (gas: 17507)
[PASS] testSparkSpellIsExecuted() (gas: 2878996)
[PASS] testUseEta() (gas: 352652)
[SKIP] testVestDAI() (gas: 0)
[SKIP] testVestMKR() (gas: 0)
[SKIP] testYankDAI() (gas: 0)
[SKIP] testYankMKR() (gas: 0)
Suite result: ok. 13 passed; 0 failed; 20 skipped; finished in 281.03s (594.44s CPU time)
Ran 2 test suites in 281.66s (305.37s CPU time): 15 tests passed, 0 failed, 20 skipped (35 total tests)
TLDR: good to handover
false
UNLESS the contract size is too big AND all mitigation strategies (i.e.: removing revert strings) have failedmake diff-deployed-spell
or manually)make check-deployed-spell
DssExecLib.address
filedeployed_spell_created
matches deployment timestamp
:warning: The script says it does not match, but it's a known situation, checked manually belowdeployed_spell_block
matches deployment block number
:warning: The script says it does not match, but it's a known situation, checked manually belowmake deploy-info tx=<tx>
matches config
deployed_spell_created
timestampdeployed_spell_block
block numberDssExecLib.address
file (e.g. look under the 'Files Changed' PR tab, etc.)Libraries Used
matches DssExecLib Latest Releasec0d3c6c
made on Feb 1, 2022, while git submodule of lib/dss-exec-lib
is set to track the latest commit 69b658f
made on Jan 23, 2023 Here is the diff between the latest release and the submodule hash: https://github.com/makerdao/dss-exec-lib/compare/v0.0.9...69b658f35d8618272cd139dfc18c5713caf6b96b#diff-72201ff20380f5c7fc89281be3ad2dd6bd5a992f246d41d6d9d97f71e078d40d. The only major difference between deployed and the imported library is the new setRWAIlkDebtCeiling
, which we're not using in this spellmake diff-archive-spell
for current date or make diff-archive-spell date="YYYY-MM-DD"
DssExecLib.address
file is not being modified by the spell PRprintenv | grep "FOUNDRY_\|DAPP_"
)make test
_Insert your local test logs here_
./scripts/test-dssspell-forge.sh no-match="" match="" block=""
Using DssExecLib at: 0x8De6DDbCd5053d32292AAA0D2105A32d108484a6
[⠒] Compiling...
[⠒] Compiling 4 files with 0.8.16
[⠘] Solc 0.8.16 finished in 2.07s
Compiler run successful!
Ran 2 tests for src/test/starknet.t.sol:StarknetTests
[PASS] testStarknet() (gas: 3019007)
[PASS] testStarknetSpell() (gas: 2324)
Suite result: ok. 2 passed; 0 failed; 0 skipped; finished in 31.94s (29.01s CPU time)
Ran 33 tests for src/DssSpell.t.sol:DssSpellTest
[PASS] testBytecodeMatches() (gas: 2496960)
[PASS] testCastCost() (gas: 2876161)
[PASS] testCastOnTime() (gas: 2873079)
[SKIP] testChainlogIntegrity() (gas: 0)
[PASS] testChainlogValues() (gas: 11159291)
[SKIP] testCollateralIntegrations() (gas: 0)
[SKIP] testContractSize() (gas: 0)
[PASS] testDAIPayments() (gas: 2944218)
[SKIP] testDaoResolutions() (gas: 0)
[SKIP] testDeployCost() (gas: 0)
[SKIP] testEsmAuth() (gas: 0)
[PASS] testGeneral() (gas: 29204910)
[SKIP] testIlkClipper() (gas: 0)
[SKIP] testL2ArbitrumSpell() (gas: 0)
[SKIP] testL2OptimismSpell() (gas: 0)
[SKIP] testLerpSurplusBuffer() (gas: 0)
[PASS] testMKRPayments() (gas: 2996438)
[SKIP] testMedianizers() (gas: 0)
[SKIP] testNewIlkRegistryValues() (gas: 0)
[PASS] testNextCastTime() (gas: 446546)
[SKIP] testOSMs() (gas: 0)
[SKIP] testOffboardings() (gas: 0)
[PASS] testOfficeHours() (gas: 496171)
[SKIP] testOracleList() (gas: 0)
[PASS] testPSMs() (gas: 4170221)
[SKIP] testRemoveChainlogValues() (gas: 0)
[PASS] testRevertIfNotScheduled() (gas: 17507)
[PASS] testSparkSpellIsExecuted() (gas: 2878996)
[PASS] testUseEta() (gas: 352652)
[SKIP] testVestDAI() (gas: 0)
[SKIP] testVestMKR() (gas: 0)
[SKIP] testYankDAI() (gas: 0)
[SKIP] testYankMKR() (gas: 0)
Suite result: ok. 13 passed; 0 failed; 20 skipped; finished in 353.49s (798.36s CPU time)
Ran 2 test suites in 354.35s (385.44s CPU time): 15 tests passed, 0 failed, 20 skipped (35 total tests)
testBytecodeMatches
passdelegatecall
inside verified codeselfdestruct
inside verified code
Description
Contribution Checklist
(PE-<TICKET_NUMBER>)
Checklist
officeHours
modifier override30 days
unless otherwise specified)ETH_GAS_LIMIT="XXX" ETH_GAS_PRICE="YYY" make deploy
mainnet
contract on etherscanmake archive-spell
ormake date="YYYY-MM-DD" archive-spell
to make an archive directory and copyDssSpell.sol
,DssSpell.t.sol
,DssSpell.t.base.sol
, andDssSpellCollateralOnboarding.sol
squash and merge
this PR