Mainnet spell 2024-03-26

[SidestreamColdMelon]

Description

This PR implements 2024-03-20 mainnet spell according to the relevant executive sheet

Contribution Checklist

• [ ] Code approved
• [ ] Tests approved
• [ ] CI Tests pass

Checklist

• [ ] Every contract variable/method declared as public/external private/internal
• [ ] Consider if this PR needs the officeHours modifier override
• [ ] Verify expiration (30 days unless otherwise specified)
• [ ] Verify hash in the description matches here
• [ ] Validate all addresses used are in changelog or known
• [ ] Notify any external teams affected by the spell so they have the opportunity to review
• [ ] Deploy spell ETH_GAS_LIMIT="XXX" ETH_GAS_PRICE="YYY" make deploy
• [ ] Verify mainnet contract on etherscan
• [ ] Change test to use mainnet spell address and deploy timestamp
• [ ] Run make archive-spell or make date="YYYY-MM-DD" archive-spell to make an archive directory and copy DssSpell.sol, DssSpell.t.sol, DssSpell.t.base.sol, and DssSpellCollateralOnboarding.sol
• [ ] squash and merge this PR

[SidestreamIcedMango]

Mainnet Executive Spell Review Checklist

Development Stage

• Preparation
  • [X] Exec Sheet for the specified date is found in the "Executive Vote Implementation Process" google sheet Insert URL to the specific sheet here
  • [x] Exec Doc for the specified date is found in the makerdao/community GitHub repo
  • [x] Exec Doc file name follows the format Executive vote - Month DD, YYYY.md
  • [x] Extract permanent URL to the raw markdown file and paste it below Insert your Raw Exec Doc URL here https://raw.githubusercontent.com/makerdao/community/7b640c2295e43eaa2cf8d196a46a154bdbefdb62/governance/votes/Executive%20vote%20-%20March%2026%2C%202024.md
  • [ ] Using Exec Doc URL from the above and the TARGET_DATE, generate Exec Doc Hash via make exec-hash date=$TARGET_DATE $URL Insert your Exec Doc Hash here ⚠️ the scripts fails with date: illegal option -- d, but the hash is generated in the next step
  • [x] Using Exec Doc URL from the above, generate Exec Doc Hash via cast keccak -- "$(curl '$URL' -o - 2>/dev/null)" Insert your Exec Doc Hash here 0x5f259b9f850bb94dd51713ee60d6b979a9dd2a3c605286738643a7d26c173d39
  • [x] Using Exec Doc URL from the above, read spell instructions from the Exec Doc and list them below List all instructions announced in the Exec Doc
  • Stability Fee (SF) Changes
    • Decrease the ETH-A SF by 2.00% from 15.25% to 13.25%.
    • Decrease the ETH-B SF by 2.00% from 15.75% to 13.75%.
    • Decrease the ETH-C SF by 2.00% from 15% to 13.00%.
    • Decrease the WSTETH-A SF by 2% from 16.25% to 14.25%.
    • Decrease the WSTETH-B SF by 2% from 16% to 14.00%.
    • Decrease the WBTC-A SF by 2% from 16.75% to 14.75%.
    • Decrease the WBTC-B SF by 2% from 17.25% to 15.25%.
    • Decrease the WBTC-C SF by 2% from 16.50% to 14.50%.
  • SparkLend D3M Update
    • Increase the SparkLend D3M Maximum Debt Ceiling by 1.0 billion DAI from 1.5 billion DAI to 2.5 billion DAI.
  • D3M to Spark DAI Morpho Vault (DIRECT-SPARK-MORPHO-DAI)
    • D3M DC-IAM Parameters
    • Maximum Debt Ceiling (line): 100 million DAI
    • Target Available Debt (gap): 100 million DAI
    • Ceiling Increase Cooldown (ttl): 24 hours
    • Debt Write-off Timelock (tau) (Defines the time to elapse before debt can be written off after a D3M has been caged): 7 days
    • D3M Addresses
    • oracle: 0xA5AA14DEE8c8204e424A55776E53bfff413b02Af
    • plan: 0x374b5f915aaED790CBdd341E6f406910d648fD39
    • pool: 0x9C259F14E5d9F35A0434cD3C4abbbcaA2f1f7f7E
    • operator: 0x298b375f24CeDb45e936D7e21d6Eb05e344adFb5
    • Additional Actions
    • If this executive proposal passes, the DIRECT_MOM Breaker will be extended to include the Morpho D3M, enabling governance to deactivate vault functionality through an executive spell without waiting for the GSM Pause Delay.
  • Dai Savings Rate (DSR) Change
    • Decrease the DSR by 2% from 15% to 13%
  • Smart Burn Engine (SBE) Parameter Updates
    • The hop (frequency) parameter will be decreased by 7,884 seconds from 19,710 seconds to 11,826 seconds
    • The bump (lot size) parameter will be increased by 25,000 DAI, from 50,000 DAI to 75,000 DAI
  • Approve HVBank (RWA009-A) Dao Resolution
    • HVBank (RWA009-A) Dao Resolution with IPFS hash QmStrc9kMCmgzh2EVunjJkPsJLhsVRYyrNFBXBbJAJMrrf will be approved.
  • Trigger Spark Proxy Spell at 0x210DF2e1764Eb5491d41A62E296Ea39Ab56F9B6d
  • [x] Ensure that instructions announced in the Exec Doc match instructions in the Exec Sheet
• Base checks
  • [x] Current solc version 0.8.16
  • [x] Office hours is 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
  • [x] Office hours value matches the Exec Sheet
  • [x] Office hours value matches the Exec Doc
  • [x] 30 days spell expiry set in the constructor (block.timestamp + 30 days)
• Spell description
  • [x] Description follows the format TARGET_DATE MakerDAO Executive Spell | Hash: EXEC_DOC_HASH
  • [x] TARGET_DATE in the description matches the Exec Doc target date
  • [x] Accompanying comment above spell description follows the format // Hash: cast keccak -- "$(wget 'EXEC_DOC_URL' -q -O - 2>/dev/null)"
  • [ ] Exec Doc URL in comment matches your Raw Exec Doc URL above ⚠️ URLs differ in the commit hash, but it's only commit hash vs last commit inside PR so it's not crutial
  • [x] Exec Doc URL in comment refers to the https://github.com/makerdao/community repo
• Comments inside the spell
  • [x] Every Section text from the Exec Sheet is copied to the spell code as a comment surrounded by the set of dashes (E.g. // ----- Section text -----)
  • [x] Every Instruction text from the Exec Sheet is copied to the spell code as // Instruction text
  • [x] Every Instruction text have newline above it
  • [ ] IF an instruction can not be taken, it should have explanation under the instruction prefixed with // Note: (e.g.: // Note: Payments are skipped on goerli)
  • [x] IF action in the spell doesn't have relevant instruction (e.g.: chainlog version bump), the necessity of it is explained in the comment above prefixed with // Note:
  • [x] Every proof url from the Exec Sheet, such as Reasoning URL and Authority URL is present in the spell code under relevant section or instruction (depending on which row the url is present)
  • [x] Every proof url from the Exec Sheet, such as 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/
• Dependency checks
  • [x] Update Foundry by running foundryup
  • [x] Reinstall libraries by running rm -rf ./lib && git submodule update --init --recursive

    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'

  • [x] IF submodule upgrades are present, make sure dss-exec-lib is synced as well
  • [x] git submodule hash of dss-exec-lib (run git submodule status) matches the latest release version or newer
  • [x] dss-interfaces library used inside lib/dss-exec-lib matches submodule used inside lib/dss-test
• IF interfaces are present in the spell
  • Interfaces imported from dss-interfaces
  • [x] No unused dss-interfaces
  • [x] Only single import layout is used (e.g. import "dss-interfaces/dss/VatAbstract.sol";)
  • Static Interfaces
  • [x] No unused static interfaces
  • [x] Declared static interface not present in the dss-interfaces, OTHERWISE should be imported from there
  • [x] Interface matches deployed contract using cast interface <contract_address> command
  • [x] Interface naming style should match with Like suffix (e.g. VatLike)
    • EXCEPTION: known interface naming exceptions
  • [x] Each static interface declare only functions actually used in the spell code
• IF variable declarations are present in the spell
  • IF precision units are present
  • [x] Precision units used in the spell match their defined values:
    • WAD = 10 ** 18
    • RAY = 10 ** 27
    • RAD = 10 ** 45
  • [x] Precision units match with Numerical Ranges
  • [x] Each variable visibility is declared as internal
  • [x] Each variable state mutability is declared as constant
  • IF math units are present
  • [x] Match their defined values:
    • HUNDRED = 10 ** 2
    • THOUSAND = 10 ** 3
    • MILLION = 10 ** 6
    • BILLION = 10 ** 9
  • [x] Match with config
  • [x] Each variable visibility is declared as internal
  • [x] Each variable state mutability is declared as constant
  • IF rates are present
  • [x] Rates match generated locally via make rates pct=<pct> (e.g. pct=0.75, for 0.75%)
  • [x] Rates match IPFS document
  • [x] Rate variable name conforms to X_PT_Y_Z_PCT_RATE (e.g. ZERO_PT_SEVEN_FIVE_PCT_RATE for 0.75%)
  • [x] Rate variable visibility declared as internal
  • [x] Rate variable state mutability declared as constant
  • IF timestamps are present
  • [ ] Comment above timestamp states full date including UTC timezone
  • [ ] Timestamp converts back to the correct date
  • [ ] Timestamp converts back to the UTC timezone
  • [ ] Variable naming matches MMM_DD_YYYY (e.g. JAN_01_2023 for 2023-01-01)
  • [ ] Time of day makes logical sense in the context of timestamp usage (i.e. 23:59:59 UTC for the final day of something, 00:00:00 UTC for the first day of something)
  • [ ] Each variable visibility is declared as internal
  • [ ] Each variable state mutability is declared as constant
• IF new contract is present in the spell (not yet on chainlog or new to chainlog)
  • addr["DIRECT_SPARK_MORPHO_DAI_PLAN"] = 0x374b5f915aaED790CBdd341E6f406910d648fD39;
  • [x] Source code is verified on etherscan
    • https://etherscan.io/address/0x374b5f915aaED790CBdd341E6f406910d648fD39#code
  • [x] Compilation optimizations match deployment settings defined in the source code repo
    • https://github.com/makerdao/dss-direct-deposit/blob/b17941de27b68dd1d8b9d30af464d8d418a866f7/foundry.toml#L4-L5
  • [x] GNU AGPLv3 license
  • [ ] Every maker-related constructor argument matches chainlog (e.g. vat, dai, dog, ...)
    • IF new contract have concept of wards or access control
      • [x] Ensure PAUSE_PROXY address was relied (wards(PAUSE_PROXY) is 1)
      • [x] Ensure that contract deployer address was denied (wards(deployer) is 0)
      • [ ] Ensure 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) ❌ MCD_ESM is not relied yet
      • [x] Ensure that there are no other Rely events except for PAUSE_PROXY and MCD_ESM (using a block explorer like etherscan)
    • [x] Source code matches corresponding github source code (e.g. diffcheck via vscode code --diff etherscan.sol github. sol)
      • checked commit 8a18cb35c19e30f9527f7b1489f79cfcf33a7fa5
    • [x] Deployer address is included into addresses_deployers.sol
  • addr["DIRECT_SPARK_MORPHO_DAI_POOL"] = 0x9C259F14E5d9F35A0434cD3C4abbbcaA2f1f7f7E;
  • [x] Source code is verified on etherscan
    • https://etherscan.io/address/0x9C259F14E5d9F35A0434cD3C4abbbcaA2f1f7f7E#code
  • [x] Compilation optimizations match deployment settings defined in the source code repo
  • [x] GNU AGPLv3 license
  • [x] Every maker-related constructor argument matches chainlog (e.g. vat, dai, dog, ...)
    • IF new contract have concept of wards or access control
      • [x] Ensure PAUSE_PROXY address was relied (wards(PAUSE_PROXY) is 1)
      • [x] Ensure that contract deployer address was denied (wards(deployer) is 0)
      • [ ] Ensure 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) ❌ MCD_ESM is not relied yet
      • [x] Ensure that there are no other Rely events except for PAUSE_PROXY and MCD_ESM (using a block explorer like etherscan)
    • [x] Source code matches corresponding github source code (e.g. diffcheck via vscode code --diff etherscan.sol github. sol)
    • [x] Deployer address is included into addresses_deployers.sol
  • addr["DIRECT_SPARK_MORPHO_DAI_ORACLE"] = 0xA5AA14DEE8c8204e424A55776E53bfff413b02Af;
  • [x] Source code is verified on etherscan
    • https://etherscan.io/address/0xA5AA14DEE8c8204e424A55776E53bfff413b02Af#code
  • [x] Compilation optimizations match deployment settings defined in the source code repo
  • [x] GNU AGPLv3 license
  • [x] Every maker-related constructor argument matches chainlog (e.g. vat, dai, dog, ...)
    • IF new contract have concept of wards or access control
      • [x] Ensure PAUSE_PROXY address was relied (wards(PAUSE_PROXY) is 1)
      • [x] Ensure that contract deployer address was denied (wards(deployer) is 0)
      • [ ] Ensure 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) ❌ MCD_ESM is not relied yet
      • [x] Ensure that there are no other Rely events except for PAUSE_PROXY and MCD_ESM (using a block explorer like etherscan)
    • [x] Source code matches corresponding github source code (e.g. diffcheck via vscode code --diff etherscan.sol github. sol)
    • [x] Deployer address is included into addresses_deployers.sol
• IF core system parameter changes are present in the instructions
  • IF stability fee (jug.ilk.duty) is updated
  • [x] (DssExecLib.setIlkStabilityFee(ilk, rate, doDrip)) is used
  • [x] Comment matches pattern // Increase ILK-A Stability Fee by X.XX% from X.XX% to X.XX%
  • IF Dai Savings Rate (pot.dsr) is updated
  • [x] (DssExecLib.setDSR(rate, doDrip)) is used
  • [x] Comment matches pattern // Increase DSR by X.XX% from X.XX% to X.XX%
  • [x] Double check that rate match make rates pct=<pct> (e.g. pct=0.75, for 0.75%)
  • [x] Double check that rate match IPFS document
  • [ ] IF spotter.ilk.mat is updated, (DssExecLib.setIlkLiquidationRatio(ilk, pct_bps)) is used
  • [ ] IF dog.ilk.hole is updated, (DssExecLib.setIlkMaxLiquidationAmount(ilk, amount)) is used
  • [ ] IF vat.ilk.dust is updated, (DssExecLib.setIlkMinVaultAmount(ilk, amount)) is used
  • [ ] IF dog.ilk.chop is updated, (DssExecLib.setIlkLiquidationPenalty(ilk, pct_bps)) is used
  • [ ] IF clip.buf is updated, (DssExecLib.setStartingPriceMultiplicativeFactor(ilk, pct_bps)) is used
  • [ ] IF clipperMom.clip.tolerance is updated, (DssExecLib.setLiquidationBreakerPriceTolerance(clip, pct_bps)) is used
  • [ ] IF clip.tail is updated, (DssExecLib.setAuctionTimeBeforeReset(ilk, duration)) is used
  • [ ] IF clip.cusp is updated, (DssExecLib.setAuctionPermittedDrop(ilk, pct_bps)) is used
  • [ ] IF clip.chip is updated, (DssExecLib.setKeeperIncentivePercent(ilk, pct_bps)) is used
  • [ ] IF clip.tip is updated, (DssExecLib.setKeeperIncentiveFlatRate(ilk, amount)) is used
  • [ ] IF calc.tau is updated, (DssExecLib.setLinearDecrease(calc, duration)) is used
  • [ ] IF calc.cut or calc.step are updated, DssExecLib.setStairstepExponentialDecrease(calc, duration, pct_bps) is used
• IF debt ceiling changes are present in the instructions
  • IF adjusted collateral type (ilk) have AutoLine enabled (MCD_IAM_AUTO_LINE)
  • IF collateral debt ceiling requested to be 0
    • [ ] Collateral is removed from AutoLine (MCD_IAM_AUTO_LINE) via DssExecLib.removeIlkFromAutoLine(ilk)
    • [ ] The instruction to remove from AutoLine (MCD_IAM_AUTO_LINE) is present in the Exec Sheet
    • [ ] Collateral debt ceiling is set to 0 via DssExecLib.setIlkDebtCeiling(ilk, amount)
    • [ ] Global debt ceiling (vat.Line) is updated accordingly, UNLESS specifically instructed not to
  • IF AutoLine parameters are updated
    • [x] EITHER is used, depending on the instruction:
    • DssExecLib.setIlkAutoLineDebtCeiling(ilk, amount)
    • DssExecLib.setIlkAutoLineParameters(ilk, amount, gap, ttl)
  • IF collateral debt ceiling (vat.ilk.line) is updated
  • [ ] Collateral type (ilk) have AutoLine disabled previously or in the spell
  • [ ] EITHER is used, depending on the instruction:
    • DssExecLib.increaseIlkDebtCeiling(ilk, amount, global)
    • DssExecLib.decreaseIlkDebtCeiling(ilk, amount, global)
    • DssExecLib.setIlkDebtCeiling(ilk, amount)
  • [ ] Global debt ceiling (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)
• IF onboarding is present ⚠️ Although the ilk registry is being modified, D3M module is not really a collateral
  • [ ] Insert and follow the relevant checklists below:
  • Collateral Onboarding
  • RWA Onboarding
  • Teleport Onboarding
• IF collateral offboarding is present in the spell
  • 1st stage collateral offboarding
  • [ ] Collateral type (ilk) is removed from AutoLine (MCD_IAM_AUTO_LINE) IF currently enabled
  • [ ] Collateral debt ceiling (vat.ilk.line) is set to 0
  • [ ] Global debt ceiling (vat.Line) decreased by the total amount of offboarded ilks
  • 2nd stage collateral offboarding
  • [ ] All actions from the 1st stage offboarding are previously taken (EITHER in the current or past spells – check the archive)
  • [ ] Collateral liquidation penalty (chop) is set to 0 IF requested by governance
  • [ ] Flat keeper incentive (tip) is set to 0 IF requested by governance
  • [ ] Relative keeper incentive (chip) is set to 0 IF requested by governance
  • [ ] Max liquidation amount (hole) is adjusted via DssExecLib.setIlkMaxLiquidationAmount(ilk, amount) IF requested by governance
  • [ ] Relevant clipper contract (MCD_CLIP_) is active (i.e. stopped is 0)
  • [ ] Liquidations are triggered via (depending on governance instruction):
    • EITHER liquidation ratio (spotter.ilk.mat) being set very high in the spell (using DssExecLib.setValue(DssExecLib.spotter(), ilk, "mat", ratio))
    • OR via enabling linear interpolation (DssExecLib.linearInterpolation(name, target, ilk, what, startTime, start, end, duration))
    • [ ] Ensure name format matches "XXX-X Offboarding"
    • [ ] Ensure target matches DssExecLib.spotter() address
    • [ ] Ensure ilk format matches collateral type (ilk) name ("XXX-X")
    • [ ] Ensure what matches string "mat"
    • [ ] Ensure startTime matches block.timestamp
    • [ ] Ensure start uses variable CURRENT_XXX_A_MAT
    • [ ] Ensure start matches current spotter.ilk.mat value
    • [ ] Ensure end uses variable TARGET_XXX_A_MAT
    • [ ] Ensure end value matches the instruction
    • [ ] Ensure end allows liquidation of all remaining vaults (end is bigger than collateral_type_collateralization_ratio * risk_multiplier_factor)
    • [ ] Ensure duration matches the instruction
  • [ ] Spotter price is updated via DssExecLib.updateCollateralPrice(ilk) IF collateral have no running oracle (i.e. relevant PIP_ contract have outdated zzz value)
  • [ ] Spotter price is updated after all other actions
  • [ ] Offboarding is tested at least via _checkIlkClipper helper
• IF RWA updates are present
  • IF doc is updated
  • [ ] _updateDoc helper is copied one-to-one from the archive and defined above actions
  • [ ] ~~_updateDoc(ilk, doc) is called in the spell
  • IF debt ceiling is updated
  • IF AutoLine update is requested by the Exec Doc
    • [ ] Parameters are set via DssExecLib.setIlkAutoLineParameters(ilk, amount, gap, ttl) or DssExecLib.setIlkAutoLineDebtCeiling(ilk, amount)
  • IF regular debt ceiling (vat.ilk.line) update is requested by the Exec Doc
    • [ ] Collateral type (ilk) have AutoLine disabled previously or in the spell
    • [ ] Debt ceiling (vat.ilk.line) is updated, via EITHER:
      • DssExecLib.increaseIlkDebtCeiling(ilk, amount, global)
      • DssExecLib.decreaseIlkDebtCeiling(ilk, amount, global)
      • DssExecLib.setIlkDebtCeiling(ilk, amount)
    • [ ] Global debt ceiling (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)
  • [ ] Liquidation oracle price is bumped via RwaLiquidationOracleLike(MIP21_LIQUIDATION_ORACLE).bump(ilk, val) pattern
    • [ ] Comment above bump explains val computation via // Note: the formula is: "debt_ceiling * [ (1 + rwa_stability_fee ) ^ (minimum_deal_duration_in_years) ] * liquidation_ratio"
    • [ ] Comment above bump provides locally executable formula (e.g. // bc -l <<< 'scale=18; 50000000 * e(l(1.07) * (3342/365)) * 1.00' | cast --to-wei)
    • [ ] The formula matches the example provided above
    • [ ] 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 AutoLine
    • [ ] rwa_stability_fee in the executable formula matches stability fee of the specified RWA found on chain
    • [ ] minimum_deal_duration_in_years in the executable formula matches number found in the Exec Doc of the spell containing relevant RWA onboarding
    • [ ] liquidation_ratio in the executable formula matches liquidation ratio of the specified RWA found on chain
    • [ ] Executing formula locally provides integer number that matches the val in the spell
    • [ ] val makes sense in context of the rate mechanism
  • [ ] IF multiple RWA ilks are being combined into one, val 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 decimal
  • [ ] Oracle price is updated via DssExecLib.updateCollateralPrice(ilk)
  • IF soft liquidation explicitly requested to be triggered (via .tell(ilk)) AND debt ceiling is 0 (OR is being set to 0 in the current spell)
    • [ ] RwaLiquidationOracle.tell(ilk) call is present
    • [ ] IF RWAXX_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)
• IF payments are present in the spell
  • IF MKR transfers are present
  • [ ] Recipient address in the instruction is in the checksummed format
  • [ ] Recipient address matches Exec Doc
  • [ ] Recipient address variable name matches one found in addresses_wallets.sol
  • [ ] Transfer amount matches Exec Doc
  • [ ] Transfer amount is specified with (at least) 2 decimals using ether keyword
  • [ ] IF ether keyword is used, comment is present on the same line // Note: ether is a keyword helper, only MKR is transferred here
  • [ ] The transfers are tested via testMKRPayments test
  • [ ] Sum of all MKR transfers tested in testMKRPayments matches number in the Exec Doc
  • IF DAI surplus buffer transfers are present
  • [ ] Recipient address in the instruction is in the checksummed format
  • [ ] Recipient address matches Exec Doc
  • [ ] Recipient address variable name matches one found in addresses_wallets.sol
  • [ ] Transfer amount matches Exec Doc
  • [ ] The transfers are tested via testDAIPayments test
  • [ ] Sum of all DAI transfers tested in testDAIPayments matches number in the Exec Doc
  • IF MKR or DAI streams (DssVest) are created
  • [ ] VestAbstract interface is imported from dss-interfaces/dss/VestAbstract.sol
  • [ ] restrict is used for each stream, UNLESS otherwise explicitly stated in the Exec Doc
  • [ ] usr (Vest recipient address) matches Exec Doc
  • [ ] usr address in the instruction is in the checksummed format
  • [ ] usr address variable name match one found in addresses_wallets.sol
  • [ ] tot (Total stream amount) matches Exec Doc
  • [ ] IF ether keyword is used, comment is present on the same line // Note: ether is a keyword helper, only MKR is transferred here
  • [ ] IF vest amount is expressed in 'per year' or similar in the Exec Doc, account for leap days
  • [ ] bgn (Vest start timestamp) matches Exec Doc
  • [ ] tau is expressed as bgn - fin (i.e. MONTH_DD_YYYY - MONTH_DD_YYYY)
  • [ ] fin (Vest end timestamp) matches Exec Doc
  • [ ] eta (Vest cliff duration) matches the following logic
    • IF eta is explicitly specified in the Exec Doc, then the values match
    • IF eta and clf (Cliff end timestamp) are not specified in the Exec Doc, then eta is 0
    • IF clf is specified, but clf <= bgn, then eta is 0
    • IF clf is specified and clf > bgn, eta is expressed as clf - bgn (i.e. MONTH_DD_YYYY - MONTH_DD_YYYY)
  • [ ] IF mgr (Vest manager address) is specified in the Exec Doc, matches the value, OTHERWISE matches address(0)
  • [ ] Ensure that max vesting rate (cap) is enough for the new streams
    • The maximum vesting rate (tot divided by tau) <= the maximum vest streaming rate (cap)
    • The maximum vesting rate (tot divided by tau) > the maximum vest streaming rate (cap)
    • Calculate new 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)
  • IF max vesting rate (cap) is changed in the spell
    • [ ] Governance facilitators were notified
    • [ ] Exec Sheet contain explicit instruction
    • [ ] Exec Doc contain explicit instruction
  • IF MKR stream (DssVestTransferrable) is present
    • [ ] Vest contract's MKR allowance increased by the cumulative total (the sum of all tot values)
    • [ ] Ensure allowance increase follows archive patterns
  • [ ] Tested via testVestDAI or testVestMKR
  • IF MKR or DAI vest termination (Yank) is present
  • [ ] Yanked stream ID matches Exec Doc
  • [ ] MCD_VEST_MKR_TREASURY chainlog address is used for MKR stream yank
  • [ ] MCD_VEST_DAI chainlog address is used for DAI stream yank
  • [ ] Tested via testYankDAI or testYankMKR
• IF SubDAO-related content is present
  • IF SubDAO provides SubProxy spell address
  • [x] SubDAO spell address matches Exec Doc
  • [x] Executed via ProxyLike(SUBDAO_PROXY).exec(SUBDAO_SPELL, abi.encodeWithSignature("execute()"));
  • [x] Execution is NOT delegate call
  • [ ] IF SubDAO spell deployer is a smart contract (e.g. multisig or factory), ensure the deployer address is in addresses_deployers.sol as an entry
  • [ ] Ensure that SubDAO spell have enough gas and does not revert with "out of gas" error inside simulation. Note: low level call gas estimation is not done by our scripts ⚠️ Will be properly checked during casting on Tenderly
  • IF SubDAO provides instructions to be executed by the main spell (i.e. that will operate within Pause Proxy DelegateCall context)
  • [ ] No SubDAO contract being interacted with is authed on a core contract like vat, etc. (Check comprehensively where the risk is high)
  • [ ] SubDAO contract licensing and optimizations generally do not matter (except where they pose a security risk)
  • [ ] SubDAO contracts and all libraries / dependencies have verified source code (Blocking)
  • Upgradable SubDAO contracts
    • [ ] Upgradable contracts have the PAUSE_PROXY as their admin (i.e. the party that can upgrade)
    • [ ] Any upgradable SubDAO contracts with an admin that is not PAUSE_PROXY are not authed on any core contracts (Blocking)
  • [ ] All SubDAO content addresses (i.e. provided contract addresses or EOAs) present in the Maker Core spell are present in the Exec Doc and are correct. SubDAO addresses being authed or given any permissions MUST be in the Exec Doc. SubDAO addresses being called must be confirmed by the SubDAO spell team.
  • [ ] IF addresses not PR'ed in by the SubDAO team (use git blame for example), SubDAO content addresses all have inline comment for provenance or source being OKed by SubDAO
  • [ ] SubDAO actions match Exec Doc (only where inline with main spell code) and do not affect core contracts
  • [ ] Core contract knock-on actions (such as offboarding or setting DC to 0) are present in the exec and match the code
  • [ ] External calls for SubDAO content are NOT delegate call
  • [ ] Code does not have untoward behavior within the scope of Maker Core Contracts (e.g. up to the SubDAO proxy)
• IF external contracts calls are present (Not SubDAOs, e.g. Starknet)
  • address internal constant MORPHO_D3M_PLAN = 0x374b5f915aaED790CBdd341E6f406910d648fD39;
  • [x] Target Contract doesn't block spell execution
    • WardsAbstract(d3m.plan).rely(cfg.mom) is safe
    • plan.file("operator", operatorCfg.operator); is safe
  • [x] External call is NOT delegatecall
  • [x] Target Contract doesn't have permissions on the Vat
  • [x] Target Contract doesn't do anything untoward (e.g. interacting with unsafe contracts)
  • [x] Contracts deployed via CREATE2 (e.g. if it looks like a vanity address) do not have selfdestruct in their code
  • [x] MCD Pause Proxy doesn't give any approvals
  • [x] All possible actions of the Target Contract are documented
    • Relevant documents can be found inside the audits of this PR
  • [x] Target contract is not upgradable
  • [x] Target Contract is included in the ChainLog
  • [ ] Test Coverage is comprehensive ❌ L931 - L934 is incomprehensible to me. Please explain where the bytes32 value comes from and why it is needed
  • address internal constant MORPHO_D3M_POOL = 0x9C259F14E5d9F35A0434cD3C4abbbcaA2f1f7f7E;
  • [x] Target Contract doesn't block spell execution
    • GemAbstract gem = GemAbstract(RedeemableLike(d3m.pool).redeemable()); is safe
    • pool.file("king", aaveCfg.king); is safe
  • [x] External call is NOT delegatecall
  • [x] Target Contract doesn't have permissions on the Vat
  • [x] Target Contract doesn't do anything untoward (e.g. interacting with unsafe contracts)
  • [x] Contracts deployed via CREATE2 (e.g. if it looks like a vanity address) do not have selfdestruct in their code
  • [x] MCD Pause Proxy doesn't give any approvals
  • [x] All possible actions of the Target Contract are documented
    • Relevant documents can be found inside the audits of this PR
  • [x] Target contract is not upgradable
  • [x] Target Contract is included in the ChainLog
  • [ ] Test Coverage is comprehensive ❌ L931 - L934 is incomprehensible to me. Please explain where the bytes32 value comes from and why it is needed
  • address internal constant MORPHO_D3M_ORACLE = 0xA5AA14DEE8c8204e424A55776E53bfff413b02Af;
  • [x] Target Contract doesn't block spell execution
    • oracle.file("hub", address(hub)); is safe
  • [x] External call is NOT delegatecall
  • [x] Target Contract doesn't have permissions on the Vat
  • [x] Target Contract doesn't do anything untoward (e.g. interacting with unsafe contracts)
  • [x] Contracts deployed via CREATE2 (e.g. if it looks like a vanity address) do not have selfdestruct in their code
  • [x] MCD Pause Proxy doesn't give any approvals
  • [x] All possible actions of the Target Contract are documented
    • Relevant documents can be found inside the audits of this PR
  • [x] Target contract is not upgradable
  • [x] Target Contract is included in the ChainLog
  • [ ] Test Coverage is comprehensive ❌ L931 - L934 is incomprehensible to me. Please explain where the bytes32 value comes from and why it is needed
  • address internal constant MORPHO_D3M_OPERATOR = 0x298b375f24CeDb45e936D7e21d6Eb05e344adFb5;
  • Contract isn't called, so checks are irrelevant
  • address internal constant SPARK_MORPHO_VAULT = 0x73e65DBD630f90604062f6E02fAb9138e713edD9;
  • Contract isn't called, so checks are irrelevant
• IF spell interacts with ChainLog
  • [x] ChainLog version is incremented based on update type
  • Major -> New Vat (++.0.0)
  • Minor -> Core Module (DSS) Update (e.g. Flapper) (0.++.0)
  • Patch -> Collateral addition or addition/modification (0.0.++)
  • [x] New addresses are added to the addresses_mainnet.sol
  • [ ] Changes are tested via testNewOrUpdatedChainlogValues ⚠️ Not done since this check was replaced in PR #374 with automatic checks within testChainlogIntegrity and testChainlogValues tests
• [x] Ensure every spell variable is declared as public/internal
• [x] Ensure immutable visibility is only used when fetching addresses from the ChainLog via DssExecLib.getChangelogAddress(key) and constant is used instead for static addresses
  • [x] Fetch addresses as type address and wrap with Like suffix interfaces inline (when making calls), UNLESS archive patterns permit otherwise (Such as MKR)
  • [x] Use the DssExecLib Core Address Helpers where possible (e.g. DssExecLib.vat())
  • [x] Where addresses are fetched from the 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)
• [x] Spell actions match the corresponding Exec Doc
• 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 35ad3be43bbb09add3301e81127f4228d78e0cb9
  • [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
  • [x] Stability Fee Updates via testGeneral
  • [x] SparkLend D3M update via testGeneral
  • [x] D3M to Spark DAI Morpho Vault (DIRECT-SPARK-MORPHO-DAI) via spell specific test testDirectSparkMorphoIntegration and testGeneral
  • [x] DSR Change via testGeneral
  • [x] SBE Parameter Updates via testGeneral
  • [x] Approve HVBank (RWA009-A) Dao Resolution via testDaoResolutions
  • [x] Spark Proxy Spell via 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.

make test
./scripts/test-dssspell-forge.sh no-match="" match="" block=""
Using DssExecLib at: 0x8De6DDbCd5053d32292AAA0D2105A32d108484a6
[⠃] Compiling...
[⠊] Compiling 5 files with 0.8.16
[⠢] Solc 0.8.16 finished in 3.22s
Compiler run successful!

Ran 2 tests for src/test/starknet.t.sol:StarknetTests
[PASS] testStarknet() (gas: 2119157)
[PASS] testStarknetSpell() (gas: 2324)
Suite result: ok. 2 passed; 0 failed; 0 skipped; finished in 49.54s (45.12s CPU time)

Ran 34 tests for src/DssSpell.t.sol:DssSpellTest
[SKIP] testBytecodeMatches() (gas: 0)
[PASS] testCastCost() (gas: 1981880)
[PASS] testCastOnTime() (gas: 1970729)
[PASS] testChainlogIntegrity() (gas: 7015781)
[PASS] testChainlogValues() (gas: 10298449)
[SKIP] testCollateralIntegrations() (gas: 0)
[PASS] testContractSize() (gas: 11117)
[SKIP] testDAIPayments() (gas: 0)
[PASS] testDaoResolutions() (gas: 13090)
[PASS] testDeployCost() (gas: 4399018)
[PASS] testDirectSparkMorphoIntegration() (gas: 3373428)
[SKIP] testEsmAuth() (gas: 0)
[PASS] testGeneral() (gas: 30314876)
[SKIP] testIlkClipper() (gas: 0)
[SKIP] testL2ArbitrumSpell() (gas: 0)
[SKIP] testL2OptimismSpell() (gas: 0)
[SKIP] testLerpSurplusBuffer() (gas: 0)
[SKIP] testMKRPayments() (gas: 0)
[SKIP] testMedianizers() (gas: 0)
[SKIP] testNewIlkRegistryValues() (gas: 0)
[PASS] testNextCastTime() (gas: 446920)
[SKIP] testOSMs() (gas: 0)
[SKIP] testOffboardings() (gas: 0)
[PASS] testOfficeHours() (gas: 495684)
[SKIP] testOracleList() (gas: 0)
[PASS] testPSMs() (gas: 3267871)
[SKIP] testRemoveChainlogValues() (gas: 0)
[PASS] testRevertIfNotScheduled() (gas: 17640)
[PASS] testSparkSpellIsExecuted() (gas: 1976624)
[PASS] testUseEta() (gas: 352730)
[SKIP] testVestDAI() (gas: 0)
[SKIP] testVestMKR() (gas: 0)
[SKIP] testYankDAI() (gas: 0)
[SKIP] testYankMKR() (gas: 0)
Suite result: ok. 15 passed; 0 failed; 19 skipped; finished in 383.65s (971.90s CPU time)

Ran 2 test suites in 384.30s (433.18s CPU time): 17 tests passed, 0 failed, 19 skipped (36 total tests)

[0xp3th1um]

TLDR: Good to deploy

Mainnet Executive Spell Review Checklist

Development Stage

• Preparation

  • [x] Exec Sheet for the specified date is found in the "Executive Vote Implementation Process" google sheet Insert URL to the specific sheet here https://docs.google.com/spreadsheets/d/1w_z5WpqxzwreCcaveB2Ye1PP5B8QAHDglzyxKHG3CHw/edit#gid=24607137
  • [x] Exec Doc for the specified date is found in the makerdao/community GitHub repo
  • [x] Exec Doc file name follows the format Executive vote - Month DD, YYYY.md
  • [x] Extract permanent URL to the raw markdown file and paste it below Insert your Raw Exec Doc URL here https://raw.githubusercontent.com/makerdao/community/a90e4c4e5c44163fb78597f5d55690753e071711/governance/votes/Executive%20vote%20-%20March%2026%2C%202024.md
  • [ ] Using Exec Doc URL from the above and the TARGET_DATE, generate Exec Doc Hash via make exec-hash date=$TARGET_DATE $URL Insert your Exec Doc Hash here ⚠️ Script is not working on Mac
  • [x] Using Exec Doc URL from the above, generate Exec Doc Hash via cast keccak -- "$(curl '$URL' -o - 2>/dev/null)" Insert your Exec Doc Hash here 0x5f259b9f850bb94dd51713ee60d6b979a9dd2a3c605286738643a7d26c173d39

  • [x] Using Exec Doc URL from the above, read spell instructions from the Exec Doc and list them below List all instructions announced in the Exec Doc

    • Stability Fee (SF) Changes

      • Decrease the ETH-A SF by 2.00% from 15.25% to 13.25%.
      • Decrease the ETH-B SF by 2.00% from 15.75% to 13.75%.
      • Decrease the ETH-C SF by 2.00% from 15% to 13.00%.
      • Decrease the WSTETH-A SF by 2% from 16.25% to 14.25%.
      • Decrease the WSTETH-B SF by 2% from 16% to 14.00%.
      • Decrease the WBTC-A SF by 2% from 16.75% to 14.75%.- Decrease the WBTC-B SF by 2% from 17.25% to 15.25%.
      • Decrease the WBTC-C SF by 2% from 16.50% to 14.50%.

    • SparkLend D3M update

      • Increase the SparkLend D3M Maximum Debt Ceiling by 1.0 billion DAI from 1.5 billion DAI to 2.5 billion DAI.

    • D3M to Spark DAI Morpho Vault (DIRECT-SPARK-MORPHO-DAI)

      • If this executive proposal passes, the D3M will be deployed to the Spark DAI Morpho Vault with the following parameters:

      • D3M DC-IAM Parameters:

      • Maximum Debt Ceiling (line): 100 million DAI

      • Target Available Debt (gap): 100 million DAI

      • Ceiling Increase Cooldown (ttl): 24 hours

      • Debt Write-off Timelock (tau) (Defines the time to elapse before debt can be written off after a D3M has been caged): 7 days

      • D3M Addresses:

        • oracle: 0xA5AA14DEE8c8204e424A55776E53bfff413b02Af
        • plan: 0x374b5f915aaED790CBdd341E6f406910d648fD39
        • pool: 0x9C259F14E5d9F35A0434cD3C4abbbcaA2f1f7f7E
        • operator: 0x298b375f24CeDb45e936D7e21d6Eb05e344adFb5

      • Additional actions:

        • If this executive proposal passes, the DIRECT_MOM Breaker will be extended to include the Morpho D3M, enabling governance to deactivate vault functionality through an executive spell without waiting for the GSM Pause Delay.

    • Dai Savings Rate (DSR) Change

      • Decrease the DSR by 2% from 15% to 13%

    • Smart Burn Engine (SBE) Parameter Updates

      • The hop (frequency) parameter will be decreased by 7,884 seconds from 19,710 seconds to 11,826 seconds
      • The bump (lot size) parameter will be increased by 25,000 DAI, from 50,000 DAI to 75,000 DAI

    • Approve HVBank (RWA009-A) Dao Resolution

      • HVBank (RWA009-A) Dao Resolution with IPFS hash QmStrc9kMCmgzh2EVunjJkPsJLhsVRYyrNFBXBbJAJMrrf will be approved.

    • Trigger Spark Proxy Spell

      • If this executive proposal passes, a Spark proxy spell at 0x210DF2e1764Eb5491d41A62E296Ea39Ab56F9B6d will be triggered. This proxy spell will take the following action:
      • [SparkLend Ethereum] Increase the WBTC Supply Cap max by 1,000 WBTC, from 5,000 to 6,000 WBTC.
      • [SparkLend Ethereum] Decrease the Effective DAI Borrow Rate by 2 percentage points from 16.00% to 14.00%.
      • Transfer ownership of the Morpho Vault

• [x] Ensure that instructions announced in the Exec Doc match instructions in the Exec Sheet

• Base checks

  • [x] Current solc version 0.8.16
  • [x] Office hours is 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
  • [x] Office hours value matches the Exec Sheet
  • [x] Office hours value matches the Exec Doc
  • [x] 30 days spell expiry set in the constructor (block.timestamp + 30 days)

• Spell description

  • [x] Description follows the format TARGET_DATE MakerDAO Executive Spell | Hash: EXEC_DOC_HASH
  • [x] TARGET_DATE in the description matches the Exec Doc target date
  • [x] Accompanying comment above spell description follows the format // Hash: cast keccak -- "$(wget 'EXEC_DOC_URL' -q -O - 2>/dev/null)"
  • [x] Exec Doc URL in comment matches your Raw Exec Doc URL above
  • [x] Exec Doc URL in comment refers to the https://github.com/makerdao/community repo

• Comments inside the spell

  • [x] Every Section text from the Exec Sheet is copied to the spell code as a comment surrounded by the set of dashes (E.g. // ----- Section text -----)
  • [x] Every Instruction text from the Exec Sheet is copied to the spell code as // Instruction text
  • [x] Every Instruction text have newline above it
  • [x] IF an instruction can not be taken, it should have explanation under the instruction prefixed with // Note: (e.g.: // Note: Payments are skipped on goerli)
  • [x] IF action in the spell doesn't have relevant instruction (e.g.: chainlog version bump), the necessity of it is explained in the comment above prefixed with // Note:
  • [x] Every proof url from the Exec Sheet, such as Reasoning URL and Authority URL is present in the spell code under relevant section or instruction (depending on which row the url is present)
  • [x] Every proof url from the Exec Sheet, such as 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/

• Dependency checks

  • [x] Update Foundry by running foundryup
  • [x] Reinstall libraries by running 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'

  • [ ] IF submodule upgrades are present, make sure dss-exec-lib is synced as well
  • [x] git submodule hash of dss-exec-lib (run git submodule status) matches the latest release version or newer
  • [x] dss-interfaces library used inside lib/dss-exec-lib matches submodule used inside lib/dss-test

• IF interfaces are present in the spell

  • Interfaces imported from dss-interfaces
  • [ ] No unused dss-interfaces
  • [ ] Only single import layout is used (e.g. import "dss-interfaces/dss/VatAbstract.sol";)
  • Static Interfaces
  • [x] No unused static interfaces
  • [x] Declared static interface not present in the dss-interfaces, OTHERWISE should be imported from there
  • [x] Interface matches deployed contract using cast interface <contract_address> command
  • [x] Interface naming style should match with Like suffix (e.g. VatLike)
    • EXCEPTION: known interface naming exceptions
  • [x] Each static interface declare only functions actually used in the spell code

• IF variable declarations are present in the spell

  • IF precision units are present
  • [x] Precision units used in the spell match their defined values:
    • WAD = 10 ** 18
    • RAY = 10 ** 27
    • RAD = 10 ** 45
  • [x] Precision units match with Numerical Ranges
  • [x] Each variable visibility is declared as internal
  • [x] Each variable state mutability is declared as constant
  • IF math units are present
  • [x] Match their defined values:
    • HUNDRED = 10 ** 2
    • THOUSAND = 10 ** 3
    • MILLION = 10 ** 6
    • BILLION = 10 ** 9
  • [x] Match with config
  • [x] Each variable visibility is declared as internal
  • [x] Each variable state mutability is declared as constant
  • IF rates are present
  • [x] Rates match generated locally via make rates pct=<pct> (e.g. pct=0.75, for 0.75%)
  • [x] Rates match IPFS document
  • [x] Rate variable name conforms to X_PT_Y_Z_PCT_RATE (e.g. ZERO_PT_SEVEN_FIVE_PCT_RATE for 0.75%)
  • [x] Rate variable visibility declared as internal
  • [x] Rate variable state mutability declared as constant
  • IF timestamps are present
  • [ ] Comment above timestamp states full date including UTC timezone
  • [ ] Timestamp converts back to the correct date
  • [ ] Timestamp converts back to the UTC timezone
  • [ ] Variable naming matches MMM_DD_YYYY (e.g. JAN_01_2023 for 2023-01-01)
  • [ ] Time of day makes logical sense in the context of timestamp usage (i.e. 23:59:59 UTC for the final day of something, 00:00:00 UTC for the first day of something)
  • [ ] Each variable visibility is declared as internal
  • [ ] Each variable state mutability is declared as constant

• IF new contract is present in the spell (not yet on chainlog or new to chainlog)

  • DIRECT_SPARK_MORPHO_DAI_ORACLE: 0xA5AA14DEE8c8204e424A55776E53bfff413b02Af

  • [x] Source code is verified on etherscan

  • [x] Compilation optimizations match deployment settings defined in the source code repo

  • [x] GNU AGPLv3 license

  • [ ] Every maker-related constructor argument matches chainlog (e.g. vat, dai, dog, ...)

  • IF new contract have concept of wards or access control

  • [x] Ensure PAUSE_PROXY address was relied (wards(PAUSE_PROXY) is 1)

  • [x] Ensure that contract deployer address was denied (wards(deployer) is 0)

  • [ ] Ensure 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)

  • [x] Ensure that there are no other Rely events except for PAUSE_PROXY and MCD_ESM (using a block explorer like etherscan)

  • [x] Source code matches corresponding github source code (e.g. diffcheck via vscode code --diff etherscan.sol github.sol)

  • [x] Deployer address is included into addresses_deployers.sol

  • DIRECT_SPARK_MORPHO_DAI_PLAN: 0x374b5f915aaED790CBdd341E6f406910d648fD39

  • [x] Source code is verified on etherscan

  • [x] Compilation optimizations match deployment settings defined in the source code repo

  • [x] GNU AGPLv3 license

  • [ ] Every maker-related constructor argument matches chainlog (e.g. vat, dai, dog, ...)

  • IF new contract have concept of wards or access control

  • [x] Ensure PAUSE_PROXY address was relied (wards(PAUSE_PROXY) is 1)

  • [x] Ensure that contract deployer address was denied (wards(deployer) is 0)

  • [ ] Ensure 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)

  • [x] Ensure that there are no other Rely events except for PAUSE_PROXY and MCD_ESM (using a block explorer like etherscan)

  • [x] Source code matches corresponding github source code (e.g. diffcheck via vscode code --diff etherscan.sol github.sol)

  • [x] Deployer address is included into addresses_deployers.sol

  • DIRECT_SPARK_MORPHO_DAI_POOL: 0x9C259F14E5d9F35A0434cD3C4abbbcaA2f1f7f7E

  • [x] Source code is verified on etherscan

  • [x] Compilation optimizations match deployment settings defined in the source code repo

  • [x] GNU AGPLv3 license

  • [ ] Every maker-related constructor argument matches chainlog (e.g. vat, dai, dog, ...)

  • IF new contract have concept of wards or access control

  • [x] Ensure PAUSE_PROXY address was relied (wards(PAUSE_PROXY) is 1)

  • [x] Ensure that contract deployer address was denied (wards(deployer) is 0)

  • [ ] Ensure 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)

  • [x] Ensure that there are no other Rely events except for PAUSE_PROXY and MCD_ESM (using a block explorer like etherscan)

  • [x] Source code matches corresponding github source code (e.g. diffcheck via vscode code --diff etherscan.sol github.sol)

  • [x] Deployer address is included into addresses_deployers.sol

• IF core system parameter changes are present in the instructions

  • IF stability fee (jug.ilk.duty) is updated
  • [x] (DssExecLib.setIlkStabilityFee(ilk, rate, doDrip)) is used
  • [x] Comment matches pattern // Increase ILK-A Stability Fee by X.XX% from X.XX% to X.XX%
  • IF Dai Savings Rate (pot.dsr) is updated
  • [x] (DssExecLib.setDSR(rate, doDrip)) is used
  • [x] Comment matches pattern // Increase DSR by X.XX% from X.XX% to X.XX%
  • [x] Double check that rate match make rates pct=<pct> (e.g. pct=0.75, for 0.75%)
  • [x] Double check that rate match IPFS document
  • [ ] IF spotter.ilk.mat is updated, (DssExecLib.setIlkLiquidationRatio(ilk, pct_bps)) is used
  • [ ] IF dog.ilk.hole is updated, (DssExecLib.setIlkMaxLiquidationAmount(ilk, amount)) is used
  • [ ] IF vat.ilk.dust is updated, (DssExecLib.setIlkMinVaultAmount(ilk, amount)) is used
  • [ ] IF dog.ilk.chop is updated, (DssExecLib.setIlkLiquidationPenalty(ilk, pct_bps)) is used
  • [ ] IF clip.buf is updated, (DssExecLib.setStartingPriceMultiplicativeFactor(ilk, pct_bps)) is used
  • [ ] IF clipperMom.clip.tolerance is updated, (DssExecLib.setLiquidationBreakerPriceTolerance(clip, pct_bps)) is used
  • [ ] IF clip.tail is updated, (DssExecLib.setAuctionTimeBeforeReset(ilk, duration)) is used
  • [ ] IF clip.cusp is updated, (DssExecLib.setAuctionPermittedDrop(ilk, pct_bps)) is used
  • [ ] IF clip.chip is updated, (DssExecLib.setKeeperIncentivePercent(ilk, pct_bps)) is used
  • [ ] IF clip.tip is updated, (DssExecLib.setKeeperIncentiveFlatRate(ilk, amount)) is used
  • [ ] IF calc.tau is updated, (DssExecLib.setLinearDecrease(calc, duration)) is used
  • [ ] IF calc.cut or calc.step are updated, DssExecLib.setStairstepExponentialDecrease(calc, duration, pct_bps) is used

• IF debt ceiling changes are present in the instructions

  • IF adjusted collateral type (ilk) have AutoLine enabled (MCD_IAM_AUTO_LINE)
  • IF collateral debt ceiling requested to be 0
    • [ ] Collateral is removed from AutoLine (MCD_IAM_AUTO_LINE) via DssExecLib.removeIlkFromAutoLine(ilk)
    • [ ] The instruction to remove from AutoLine (MCD_IAM_AUTO_LINE) is present in the Exec Sheet
    • [ ] Collateral debt ceiling is set to 0 via DssExecLib.setIlkDebtCeiling(ilk, amount)
    • [ ] Global debt ceiling (vat.Line) is updated accordingly, UNLESS specifically instructed not to
  • IF AutoLine parameters are updated
    • [x] EITHER is used, depending on the instruction:
    • DssExecLib.setIlkAutoLineDebtCeiling(ilk, amount)
    • DssExecLib.setIlkAutoLineParameters(ilk, amount, gap, ttl)
  • IF collateral debt ceiling (vat.ilk.line) is updated
  • [ ] Collateral type (ilk) have AutoLine disabled previously or in the spell
  • [ ] EITHER is used, depending on the instruction:
    • DssExecLib.increaseIlkDebtCeiling(ilk, amount, global)
    • DssExecLib.decreaseIlkDebtCeiling(ilk, amount, global)
    • DssExecLib.setIlkDebtCeiling(ilk, amount)
  • [ ] Global debt ceiling (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)

• IF onboarding is present

  • [ ] Insert and follow the relevant checklists below:
  • Collateral Onboarding
  • RWA Onboarding
  • Teleport Onboarding

• IF collateral offboarding is present in the spell

  • 1st stage collateral offboarding
  • [ ] Collateral type (ilk) is removed from AutoLine (MCD_IAM_AUTO_LINE) IF currently enabled
  • [ ] Collateral debt ceiling (vat.ilk.line) is set to 0
  • [ ] Global debt ceiling (vat.Line) decreased by the total amount of offboarded ilks
  • 2nd stage collateral offboarding
  • [ ] All actions from the 1st stage offboarding are previously taken (EITHER in the current or past spells – check the archive)
  • [ ] Collateral liquidation penalty (chop) is set to 0 IF requested by governance
  • [ ] Flat keeper incentive (tip) is set to 0 IF requested by governance
  • [ ] Relative keeper incentive (chip) is set to 0 IF requested by governance
  • [ ] Max liquidation amount (hole) is adjusted via DssExecLib.setIlkMaxLiquidationAmount(ilk, amount) IF requested by governance
  • [ ] Relevant clipper contract (MCD_CLIP_) is active (i.e. stopped is 0)
  • [ ] Liquidations are triggered via (depending on governance instruction):
    • EITHER liquidation ratio (spotter.ilk.mat) being set very high in the spell (using DssExecLib.setValue(DssExecLib.spotter(), ilk, "mat", ratio))
    • OR via enabling linear interpolation (DssExecLib.linearInterpolation(name, target, ilk, what, startTime, start, end, duration))
    • [ ] Ensure name format matches "XXX-X Offboarding"
    • [ ] Ensure target matches DssExecLib.spotter() address
    • [ ] Ensure ilk format matches collateral type (ilk) name ("XXX-X")
    • [ ] Ensure what matches string "mat"
    • [ ] Ensure startTime matches block.timestamp
    • [ ] Ensure start uses variable CURRENT_XXX_A_MAT
    • [ ] Ensure start matches current spotter.ilk.mat value
    • [ ] Ensure end uses variable TARGET_XXX_A_MAT
    • [ ] Ensure end value matches the instruction
    • [ ] Ensure end allows liquidation of all remaining vaults (end is bigger than collateral_type_collateralization_ratio * risk_multiplier_factor)
    • [ ] Ensure duration matches the instruction
  • [ ] Spotter price is updated via DssExecLib.updateCollateralPrice(ilk) IF collateral have no running oracle (i.e. relevant PIP_ contract have outdated zzz value)
  • [ ] Spotter price is updated after all other actions
  • [ ] Offboarding is tested at least via _checkIlkClipper helper

• IF RWA updates are present

  • IF doc is updated
  • [ ] _updateDoc helper is copied one-to-one from the archive and defined above actions
  • [ ] _updateDoc(ilk, doc) is called in the spell
  • IF debt ceiling is updated
  • IF AutoLine update is requested by the Exec Doc
    • [ ] Parameters are set via DssExecLib.setIlkAutoLineParameters(ilk, amount, gap, ttl) or DssExecLib.setIlkAutoLineDebtCeiling(ilk, amount)
  • IF regular debt ceiling (vat.ilk.line) update is requested by the Exec Doc
    • [ ] Collateral type (ilk) have AutoLine disabled previously or in the spell
    • [ ] Debt ceiling (vat.ilk.line) is updated, via EITHER:
    • DssExecLib.increaseIlkDebtCeiling(ilk, amount, global)
    • DssExecLib.decreaseIlkDebtCeiling(ilk, amount, global)
    • DssExecLib.setIlkDebtCeiling(ilk, amount)
    • [ ] Global debt ceiling (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)
  • [ ] Liquidation oracle price is bumped via RwaLiquidationOracleLike(MIP21_LIQUIDATION_ORACLE).bump(ilk, val) pattern
    • [ ] Comment above bump explains val computation via // Note: the formula is: "debt_ceiling * [ (1 + rwa_stability_fee ) ^ (minimum_deal_duration_in_years) ] * liquidation_ratio"
    • [ ] Comment above bump provides locally executable formula (e.g. // bc -l <<< 'scale=18; 50000000 * e(l(1.07) * (3342/365)) * 1.00' | cast --to-wei)
    • [ ] The formula matches the example provided above
    • [ ] 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 AutoLine
    • [ ] rwa_stability_fee in the executable formula matches stability fee of the specified RWA found on chain
    • [ ] minimum_deal_duration_in_years in the executable formula matches number found in the Exec Doc of the spell containing relevant RWA onboarding
    • [ ] liquidation_ratio in the executable formula matches liquidation ratio of the specified RWA found on chain
    • [ ] Executing formula locally provides integer number that matches the val in the spell
    • [ ] val makes sense in context of the rate mechanism
  • [ ] IF multiple RWA ilks are being combined into one, val 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 decimal
  • [ ] Oracle price is updated via DssExecLib.updateCollateralPrice(ilk)
  • IF soft liquidation explicitly requested to be triggered (via .tell(ilk)) AND debt ceiling is 0 (OR is being set to 0 in the current spell)
    • [ ] RwaLiquidationOracle.tell(ilk) call is present
    • [ ] IF RWAXX_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)

• IF payments are present in the spell

  • IF MKR transfers are present
  • [ ] Recipient address in the instruction is in the checksummed format
  • [ ] Recipient address matches Exec Doc
  • [ ] Recipient address variable name matches one found in addresses_wallets.sol
  • [ ] Transfer amount matches Exec Doc
  • [ ] Transfer amount is specified with (at least) 2 decimals using ether keyword
  • [ ] IF ether keyword is used, comment is present on the same line // Note: ether is a keyword helper, only MKR is transferred here
  • [ ] The transfers are tested via testMKRPayments test
  • [ ] Sum of all MKR transfers tested in testMKRPayments matches number in the Exec Doc
  • IF DAI surplus buffer transfers are present
  • [ ] Recipient address in the instruction is in the checksummed format
  • [ ] Recipient address matches Exec Doc
  • [ ] Recipient address variable name matches one found in addresses_wallets.sol
  • [ ] Transfer amount matches Exec Doc
  • [ ] The transfers are tested via testDAIPayments test
  • [ ] Sum of all DAI transfers tested in testDAIPayments matches number in the Exec Doc
  • IF MKR or DAI streams (DssVest) are created
  • [ ] VestAbstract interface is imported from dss-interfaces/dss/VestAbstract.sol
  • [ ] restrict is used for each stream, UNLESS otherwise explicitly stated in the Exec Doc
  • [ ] usr (Vest recipient address) matches Exec Doc
  • [ ] usr address in the instruction is in the checksummed format
  • [ ] usr address variable name match one found in addresses_wallets.sol
  • [ ] tot (Total stream amount) matches Exec Doc
  • [ ] IF ether keyword is used, comment is present on the same line // Note: ether is a keyword helper, only MKR is transferred here
  • [ ] IF vest amount is expressed in 'per year' or similar in the Exec Doc, account for leap days
  • [ ] bgn (Vest start timestamp) matches Exec Doc
  • [ ] tau is expressed as bgn - fin (i.e. MONTH_DD_YYYY - MONTH_DD_YYYY)
  • [ ] fin (Vest end timestamp) matches Exec Doc
  • [ ] eta (Vest cliff duration) matches the following logic
    • IF eta is explicitly specified in the Exec Doc, then the values match
    • IF eta and clf (Cliff end timestamp) are not specified in the Exec Doc, then eta is 0
    • IF clf is specified, but clf <= bgn, then eta is 0
    • IF clf is specified and clf > bgn, eta is expressed as clf - bgn (i.e. MONTH_DD_YYYY - MONTH_DD_YYYY)
  • [ ] IF mgr (Vest manager address) is specified in the Exec Doc, matches the value, OTHERWISE matches address(0)
  • [ ] Ensure that max vesting rate (cap) is enough for the new streams
    • The maximum vesting rate (tot divided by tau) <= the maximum vest streaming rate (cap)
    • The maximum vesting rate (tot divided by tau) > the maximum vest streaming rate (cap)
    • Calculate new 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)
  • IF max vesting rate (cap) is changed in the spell
    • [ ] Governance facilitators were notified
    • [ ] Exec Sheet contain explicit instruction
    • [ ] Exec Doc contain explicit instruction
  • IF MKR stream (DssVestTransferrable) is present
    • [ ] Vest contract's MKR allowance increased by the cumulative total (the sum of all tot values)
    • [ ] Ensure allowance increase follows archive patterns
  • [ ] Tested via testVestDAI or testVestMKR
  • IF MKR or DAI vest termination (Yank) is present
  • [ ] Yanked stream ID matches Exec Doc
  • [ ] MCD_VEST_MKR_TREASURY chainlog address is used for MKR stream yank
  • [ ] MCD_VEST_DAI chainlog address is used for DAI stream yank
  • [ ] Tested via testYankDAI or testYankMKR

• IF SubDAO-related content is present

  • IF SubDAO provides SubProxy spell address
  • [x] SubDAO spell address matches Exec Doc
  • [x] Executed via ProxyLike(SUBDAO_PROXY).exec(SUBDAO_SPELL, abi.encodeWithSignature("execute()"));
  • [x] Execution is NOT delegate call
  • [ ] IF SubDAO spell deployer is a smart contract (e.g. multisig or factory), ensure the deployer address is in addresses_deployers.sol as an entry
  • [ ] Ensure that SubDAO spell have enough gas and does not revert with "out of gas" error inside simulation. Note: low level call gas estimation is not done by our scripts ⚠️ Cannot be checked right now but later while being cast
  • IF SubDAO provides instructions to be executed by the main spell (i.e. that will operate within Pause Proxy DelegateCall context)
  • [ ] No SubDAO contract being interacted with is authed on a core contract like vat, etc. (Check comprehensively where the risk is high)
  • [ ] SubDAO contract licensing and optimizations generally do not matter (except where they pose a security risk)
  • [ ] SubDAO contracts and all libraries / dependencies have verified source code (Blocking)
  • Upgradable SubDAO contracts
    • [ ] Upgradable contracts have the PAUSE_PROXY as their admin (i.e. the party that can upgrade)
    • [ ] Any upgradable SubDAO contracts with an admin that is not PAUSE_PROXY are not authed on any core contracts (Blocking)
  • [ ] All SubDAO content addresses (i.e. provided contract addresses or EOAs) present in the Maker Core spell are present in the Exec Doc and are correct. SubDAO addresses being authed or given any permissions MUST be in the Exec Doc. SubDAO addresses being called must be confirmed by the SubDAO spell team.
  • [ ] IF addresses not PR'ed in by the SubDAO team (use git blame for example), SubDAO content addresses all have inline comment for provenance or source being OKed by SubDAO
  • [ ] SubDAO actions match Exec Doc (only where inline with main spell code) and do not affect core contracts
  • [ ] Core contract knock-on actions (such as offboarding or setting DC to 0) are present in the exec and match the code
  • [ ] External calls for SubDAO content are NOT delegate call
  • [ ] Code does not have untoward behavior within the scope of Maker Core Contracts (e.g. up to the SubDAO proxy)

• IF external contracts calls are present (Not SubDAOs, e.g. Starknet)

  • MORPHO_D3M_ORACLE: 0xA5AA14DEE8c8204e424A55776E53bfff413b02Af
  • [x] Target Contract doesn't block spell execution
    • Calls:
    • oracle.file("hub", address(hub));
  • [x] External call is NOT delegatecall
  • [x] Target Contract doesn't have permissions on the Vat
  • [x] Target Contract doesn't do anything untoward (e.g. interacting with unsafe contracts)
  • [x] Contracts deployed via CREATE2 (e.g. if it looks like a vanity address) do not have selfdestruct in their code
  • [x] MCD Pause Proxy doesn't give any approvals
  • [x] All possible actions of the Target Contract are documented
  • [x] Target contract is not upgradable
  • [x] Target Contract is included in the ChainLog
  • [x] Test Coverage is comprehensive
  • MORPHO_D3M_PLAN: 0x374b5f915aaED790CBdd341E6f406910d648fD39
  • [x] Target Contract doesn't block spell execution
    • Calls:
    • WardsAbstract(d3m.plan).rely(cfg.mom);
    • plan.file("operator", operatorCfg.operator);
  • [x] External call is NOT delegatecall
  • [x] Target Contract doesn't have permissions on the Vat
  • [x] Target Contract doesn't do anything untoward (e.g. interacting with unsafe contracts)
  • [x] Contracts deployed via CREATE2 (e.g. if it looks like a vanity address) do not have selfdestruct in their code
  • [x] MCD Pause Proxy doesn't give any approvals
  • [x] All possible actions of the Target Contract are documented
  • [x] Target contract is not upgradable
  • [x] Target Contract is included in the ChainLog
  • [x] Test Coverage is comprehensive
  • MORPHO_D3M_POOL: 0x9C259F14E5d9F35A0434cD3C4abbbcaA2f1f7f7E
  • [x] Target Contract doesn't block spell execution
    • Calls:
    • GemAbstract gem = GemAbstract(RedeemableLike(d3m.pool).redeemable());
  • [x] External call is NOT delegatecall
  • [x] Target Contract doesn't have permissions on the Vat
  • [x] Target Contract doesn't do anything untoward (e.g. interacting with unsafe contracts)
  • [x] Contracts deployed via CREATE2 (e.g. if it looks like a vanity address) do not have selfdestruct in their code
  • [x] MCD Pause Proxy doesn't give any approvals
  • [x] All possible actions of the Target Contract are documented
  • [x] Target contract is not upgradable
  • [x] Target Contract is included in the ChainLog
  • [x] Test Coverage is comprehensive

• IF spell interacts with ChainLog

  • [x] ChainLog version is incremented based on update type
  • Major -> New Vat (++.0.0)
  • Minor -> Core Module (DSS) Update (e.g. Flapper) (0.++.0)
  • Patch -> Collateral addition or addition/modification (0.0.++)
  • [x] New addresses are added to the addresses_mainnet.sol
  • [ ] Changes are tested via testNewOrUpdatedChainlogValues ⚠️ Tested via testChainlogIntegrity() and testChainlogValues() instead!

• [x] Ensure every spell variable is declared as public/internal

• [x] Ensure immutable visibility is only used when fetching addresses from the ChainLog via DssExecLib.getChangelogAddress(key) and constant is used instead for static addresses

  • [x] Fetch addresses as type address and wrap with Like suffix interfaces inline (when making calls), UNLESS archive patterns permit otherwise (Such as MKR)
  • [x] Use the DssExecLib Core Address Helpers where possible (e.g. DssExecLib.vat())
  • [x] Where addresses are fetched from the 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)

• [x] Spell actions match the corresponding Exec Doc

• 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 https://github.com/makerdao/spells-mainnet/commit/1108650ec361aa9bc5cd1a8fa3dad0cfb7f4aa13
  • [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 [x] Stability Fee Updates ✅ testGeneral() [x] SparkLend D3M update ✅ testGeneral() [x] D3M to Spark DAI Morpho Vault (DIRECT-SPARK-MORPHO-DAI) ✅ testGetestDirectSparkMorphoIntegrationneral() and testDirectSparkMorphoCage() [x] DSR Change ✅ testGeneral() [x] SBE Parameter Updates ✅ testGeneral() [x] Approve HVBank (RWA009-A) Dao Resolution ✅ testDaoResolutions() [x] Spark Proxy Spell ✅ 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_
./scripts/test-dssspell-forge.sh no-match="" match="" block=""
Using DssExecLib at: 0x8De6DDbCd5053d32292AAA0D2105A32d108484a6
[⠰] Compiling...
[⠘] Compiling 5 files with 0.8.16
[⠒] Solc 0.8.16 finished in 5.45s
Compiler run successful!

Ran 2 tests for src/test/starknet.t.sol:StarknetTests
[PASS] testStarknet() (gas: 2119157)
[PASS] testStarknetSpell() (gas: 2324)
Suite result: ok. 2 passed; 0 failed; 0 skipped; finished in 47.72s (43.49s CPU time)

Ran 34 tests for src/DssSpell.t.sol:DssSpellTest
[SKIP] testBytecodeMatches() (gas: 0)
[PASS] testCastCost() (gas: 1981880)
[PASS] testCastOnTime() (gas: 1970729)
[PASS] testChainlogIntegrity() (gas: 7015781)
[PASS] testChainlogValues() (gas: 10298449)
[SKIP] testCollateralIntegrations() (gas: 0)
[PASS] testContractSize() (gas: 11117)
[SKIP] testDAIPayments() (gas: 0)
[PASS] testDaoResolutions() (gas: 13090)
[PASS] testDeployCost() (gas: 4399018)
[PASS] testDirectSparkMorphoIntegration() (gas: 3373428)
[SKIP] testEsmAuth() (gas: 0)
[PASS] testGeneral() (gas: 30314876)
[SKIP] testIlkClipper() (gas: 0)
[SKIP] testL2ArbitrumSpell() (gas: 0)
[SKIP] testL2OptimismSpell() (gas: 0)
[SKIP] testLerpSurplusBuffer() (gas: 0)
[SKIP] testMKRPayments() (gas: 0)
[SKIP] testMedianizers() (gas: 0)
[SKIP] testNewIlkRegistryValues() (gas: 0)
[PASS] testNextCastTime() (gas: 446920)
[SKIP] testOSMs() (gas: 0)
[SKIP] testOffboardings() (gas: 0)
[PASS] testOfficeHours() (gas: 495684)
[SKIP] testOracleList() (gas: 0)
[PASS] testPSMs() (gas: 3267871)
[SKIP] testRemoveChainlogValues() (gas: 0)
[PASS] testRevertIfNotScheduled() (gas: 17640)
[PASS] testSparkSpellIsExecuted() (gas: 1976624)
[PASS] testUseEta() (gas: 352730)
[SKIP] testVestDAI() (gas: 0)
[SKIP] testVestMKR() (gas: 0)
[SKIP] testYankDAI() (gas: 0)
[SKIP] testYankMKR() (gas: 0)
Suite result: ok. 15 passed; 0 failed; 19 skipped; finished in 378.09s (878.28s CPU time)

Ran 2 test suites in 379.21s (425.81s CPU time): 17 tests passed, 0 failed, 19 skipped (36 total tests)

[SidestreamIcedMango]

• [x] All my requested changes were addressed
• [x] No changes to the spell content, only a new test and comments were added
• [x] Local tests are passing

Ran 35 tests for src/DssSpell.t.sol:DssSpellTest
[SKIP] testBytecodeMatches() (gas: 0)
[PASS] testCastCost() (gas: 1981708)
[PASS] testCastOnTime() (gas: 1970557)
[PASS] testChainlogIntegrity() (gas: 7015609)
[PASS] testChainlogValues() (gas: 10298277)
[SKIP] testCollateralIntegrations() (gas: 0)
[PASS] testContractSize() (gas: 11117)
[SKIP] testDAIPayments() (gas: 0)
[PASS] testDaoResolutions() (gas: 13090)
[PASS] testDeployCost() (gas: 4399018)
[PASS] testDirectSparkMorphoCage() (gas: 3421847)
[PASS] testDirectSparkMorphoIntegration() (gas: 3373256)
[SKIP] testEsmAuth() (gas: 0)
[PASS] testGeneral() (gas: 30314704)
[SKIP] testIlkClipper() (gas: 0)
[SKIP] testL2ArbitrumSpell() (gas: 0)
[SKIP] testL2OptimismSpell() (gas: 0)
[SKIP] testLerpSurplusBuffer() (gas: 0)
[SKIP] testMKRPayments() (gas: 0)
[SKIP] testMedianizers() (gas: 0)
[SKIP] testNewIlkRegistryValues() (gas: 0)
[PASS] testNextCastTime() (gas: 446920)
[SKIP] testOSMs() (gas: 0)
[SKIP] testOffboardings() (gas: 0)
[PASS] testOfficeHours() (gas: 495684)
[SKIP] testOracleList() (gas: 0)
[PASS] testPSMs() (gas: 3267699)
[SKIP] testRemoveChainlogValues() (gas: 0)
[PASS] testRevertIfNotScheduled() (gas: 17640)
[PASS] testSparkSpellIsExecuted() (gas: 1976452)
[PASS] testUseEta() (gas: 352730)
[SKIP] testVestDAI() (gas: 0)
[SKIP] testVestMKR() (gas: 0)
[SKIP] testYankDAI() (gas: 0)
[SKIP] testYankMKR() (gas: 0)
Suite result: ok. 16 passed; 0 failed; 19 skipped; finished in 471.94s (1009.96s CPU time)

Good to deploy 👍

[SidestreamColdMelon]

The spell is deployed to https://etherscan.io/address/0xcD672aCc9885796a19b4bAf03Dba46c8cdB0882B#code Created Tenderly testnet: https://dashboard.tenderly.co/explorer/vnet/83e8d6a8-9567-45de-9041-8f68b880930f

[0xp3th1um]

TLDR Good to handover!

Deployed Stage

• Source code settings
  • [x] Deployed spell is verified on etherscan
  • [x] Optimization enabled: false UNLESS the contract size is too big AND all mitigation strategies (i.e.: removing revert strings) have failed
  • [x] Default evmVersion
  • [x] GNU AGPLv3 license
• Source code validity
  • [x] Deployed spell code matches source on github. (can be checked via make diff-deployed-spell or manually)
  • ⚠️ There is an expected difference as in previous spells becuse part of the DssExecLib code is replaced, checked also manually and it matches!
  • [x] No new changes are made after previously given "good to deploy"
• Deployed spell Etherscan checks
  • Automated checks via make check-deployed-spell
  • [x] Verified
  • [x] Valid license
  • [x] Version matches
  • [x] Optimizations are disabled
  • [x] dss-exec-lib library address used (under 'Libraries Used') matches the hardcoded local DssExecLib.address file
  • [ ] deployed_spell_created matches deployment timestamp
    • ⚠️ The script gives a wrong result locally, checked manually below
  • [ ] deployed_spell_block matches deployment block number
    • ⚠️ The script gives a wrong result locally, checked manually below
  • Manual checks
  • [x] Ensure make deploy-info tx=<tx> matches config
    • [x] deployed_spell_created timestamp
    • [x] deployed_spell_block block number
  • [x] Check again that the PR did not modify the DssExecLib.address file (e.g. look under the 'Files Changed' PR tab, etc.)
  • [x] Ensure Etherscan Libraries Used matches DssExecLib Latest Release
  • [x] (For your tests to be accurate) git submodule hash matches dss-exec-lib latest release's tag commit and inspect diffs if doesn't match to ensure expected behaviour (Currently Non-Critical pending the next DssExecLib release, double check that the ExecLib used by the contract matches the latest release)
• Tenderly Testnet checks
  • [x] A testnet with the name matching spell description is found at maker dashboard
  • [x] The testnet name is unique (previous testnets does not have the same name)
  • [x] Cast transaction is set to the correct "receiver" (matches deployed spell address)
  • [x] All actions are executed in the transaction trace
  • [x] No reverts are present that block execution
  • [x] No out-of-gas errors are present
• Archive checks
  • [x] make diff-archive-spell for current date or make diff-archive-spell date="YYYY-MM-DD"
  • [x] Ensure date corresponds to target Exec Doc date

• 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 https://github.com/makerdao/spells-mainnet/commit/ee67c558caba5a1591269ea9dbbb6dac6c42f313
  • [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

_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 4.93s
Compiler run successful!

Ran 2 tests for src/test/starknet.t.sol:StarknetTests
[PASS] testStarknet() (gas: 2117894)
[PASS] testStarknetSpell() (gas: 2324)
Suite result: ok. 2 passed; 0 failed; 0 skipped; finished in 55.33s (51.89s CPU time)

Ran 35 tests for src/DssSpell.t.sol:DssSpellTest
[PASS] testBytecodeMatches() (gas: 4419337)
[PASS] testCastCost() (gas: 1980617)
[PASS] testCastOnTime() (gas: 1969466)
[PASS] testChainlogIntegrity() (gas: 7014518)
[PASS] testChainlogValues() (gas: 10297186)
[SKIP] testCollateralIntegrations() (gas: 0)
[SKIP] testContractSize() (gas: 0)
[SKIP] testDAIPayments() (gas: 0)
[PASS] testDaoResolutions() (gas: 13090)
[SKIP] testDeployCost() (gas: 0)
[PASS] testDirectSparkMorphoCage() (gas: 3420756)
[PASS] testDirectSparkMorphoIntegration() (gas: 3372165)
[SKIP] testEsmAuth() (gas: 0)
[PASS] testGeneral() (gas: 30315710)
[SKIP] testIlkClipper() (gas: 0)
[SKIP] testL2ArbitrumSpell() (gas: 0)
[SKIP] testL2OptimismSpell() (gas: 0)
[SKIP] testLerpSurplusBuffer() (gas: 0)
[SKIP] testMKRPayments() (gas: 0)
[SKIP] testMedianizers() (gas: 0)
[SKIP] testNewIlkRegistryValues() (gas: 0)
[PASS] testNextCastTime() (gas: 446920)
[SKIP] testOSMs() (gas: 0)
[SKIP] testOffboardings() (gas: 0)
[PASS] testOfficeHours() (gas: 495684)
[SKIP] testOracleList() (gas: 0)
[PASS] testPSMs() (gas: 3266608)
[SKIP] testRemoveChainlogValues() (gas: 0)
[PASS] testRevertIfNotScheduled() (gas: 17640)
[PASS] testSparkSpellIsExecuted() (gas: 1975361)
[PASS] testUseEta() (gas: 352730)
[SKIP] testVestDAI() (gas: 0)
[SKIP] testVestMKR() (gas: 0)
[SKIP] testYankDAI() (gas: 0)
[SKIP] testYankMKR() (gas: 0)
Suite result: ok. 15 passed; 0 failed; 20 skipped; finished in 426.76s (1113.89s CPU time)

Ran 2 test suites in 427.55s (482.09s CPU time): 17 tests passed, 0 failed, 20 skipped (37 total tests)

[SidestreamIcedMango]

tldr: good to handover :)

Deployed Stage

• Source code settings
  • [x] Deployed spell is verified on etherscan
  • [x] Optimization enabled: false UNLESS the contract size is too big AND all mitigation strategies (i.e.: removing revert strings) have failed
  • [x] Default evmVersion
  • [x] GNU AGPLv3 license
• Source code validity
  • [x] Deployed spell code matches source on github. (can be checked via make diff-deployed-spell or manually)
  • [x] No new changes are made after previously given "good to deploy"
• Deployed spell Etherscan checks
  • Automated checks via make check-deployed-spell
  • [x] Verified
  • [x] Valid license
  • [x] Version matches
  • [x] Optimizations are disabled
  • [x] dss-exec-lib library address used (under 'Libraries Used') matches the hardcoded local DssExecLib.address file
  • [ ] deployed_spell_created matches deployment timestamp ⚠️ DssSpell deployment timestamp does not match, but manual check passes
  • [ ] deployed_spell_block matches deployment block number ⚠️DssSpell deployment block number does not match, but manual check passes
  • Manual checks
  • [x] Ensure make deploy-info tx=<tx> matches config
    • [x] deployed_spell_created timestamp
    • [x] deployed_spell_block block number
  • [x] Check again that the PR did not modify the DssExecLib.address file (e.g. look under the 'Files Changed' PR tab, etc.)
  • [x] Ensure Etherscan Libraries Used matches DssExecLib Latest Release
  • [ ] (For your tests to be accurate) git submodule hash matches dss-exec-lib latest release's tag commit and inspect diffs if doesn't match to ensure expected behaviour (Currently Non-Critical pending the next DssExecLib release, double check that the ExecLib used by the contract matches the latest release) ⚠️ Submodule hashes mismatch, but there are no relevant differences between local version and latest release Diff URL: https://github.com/makerdao/dss-exec-lib/compare/c0d3c6c..69b658f
• Tenderly Testnet checks
  • [x] A testnet with the name matching spell description is found at maker dashboard
  • [x] The testnet name is unique (previous testnets does not have the same name)
  • [x] Cast transaction is set to the correct "receiver" (matches deployed spell address)
  • [x] All actions are executed in the transaction trace
  • [x] No reverts are present that block execution
  • [x] No out-of-gas errors are present
• Archive checks
  • [x] make diff-archive-spell for current date or make diff-archive-spell date="YYYY-MM-DD"
  • [x] Ensure date corresponds to target Exec Doc date
• 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 ee67c558caba5a1591269ea9dbbb6dac6c42f313
  • [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

Ran 35 tests for src/DssSpell.t.sol:DssSpellTest
[PASS] testBytecodeMatches() (gas: 4419337)
[PASS] testCastCost() (gas: 1981248)
[PASS] testCastOnTime() (gas: 1970097)
[PASS] testChainlogIntegrity() (gas: 7015149)
[PASS] testChainlogValues() (gas: 10297817)
[SKIP] testCollateralIntegrations() (gas: 0)
[SKIP] testContractSize() (gas: 0)
[SKIP] testDAIPayments() (gas: 0)
[PASS] testDaoResolutions() (gas: 13090)
[SKIP] testDeployCost() (gas: 0)
[PASS] testDirectSparkMorphoCage() (gas: 3421387)
[PASS] testDirectSparkMorphoIntegration() (gas: 3372796)
[SKIP] testEsmAuth() (gas: 0)
[PASS] testGeneral() (gas: 30316341)
[SKIP] testIlkClipper() (gas: 0)
[SKIP] testL2ArbitrumSpell() (gas: 0)
[SKIP] testL2OptimismSpell() (gas: 0)
[SKIP] testLerpSurplusBuffer() (gas: 0)
[SKIP] testMKRPayments() (gas: 0)
[SKIP] testMedianizers() (gas: 0)
[SKIP] testNewIlkRegistryValues() (gas: 0)
[PASS] testNextCastTime() (gas: 446920)
[SKIP] testOSMs() (gas: 0)
[SKIP] testOffboardings() (gas: 0)
[PASS] testOfficeHours() (gas: 495684)
[SKIP] testOracleList() (gas: 0)
[PASS] testPSMs() (gas: 3267239)
[SKIP] testRemoveChainlogValues() (gas: 0)
[PASS] testRevertIfNotScheduled() (gas: 17640)
[PASS] testSparkSpellIsExecuted() (gas: 1975992)
[PASS] testUseEta() (gas: 352730)
[SKIP] testVestDAI() (gas: 0)
[SKIP] testVestMKR() (gas: 0)
[SKIP] testYankDAI() (gas: 0)
[SKIP] testYankMKR() (gas: 0)
Suite result: ok. 15 passed; 0 failed; 20 skipped; finished in 484.17s (1258.18s CPU time)

[0xp3th1um]

Handover and Merge Stage

• [x] Check that the spell address posted by the crafter in new-spells is correct
• [x] Confirm the address in the new-spells channel (via a separate "reply to" message, restating the address to avoid edits)
  • [x] Wait until responsible governance facilitator confirms handover in new-spells
• [x] Ensure that no changes were made to the code since the spell was deployed and archived
• [x] Approve spell PR for merge via 'Approve' review option

[SidestreamIcedMango]

Handover and Merge Stage

• [x] Check that the spell address posted by the crafter in new-spells is correct
• [x] Confirm the address in the new-spells channel (via a separate "reply to" message, restating the address to avoid edits)
  • [x] Wait until responsible governance facilitator confirms handover in new-spells
• [x] Ensure that no changes were made to the code since the spell was deployed and archived
• [x] Approve spell PR for merge via 'Approve' review option