0g-chain/x/incentive/keeper/rewards_borrow.go

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package keeper
import (
"fmt"
sdk "github.com/cosmos/cosmos-sdk/types"
hardtypes "github.com/kava-labs/kava/x/hard/types"
"github.com/kava-labs/kava/x/incentive/types"
)
// AccumulateHardBorrowRewards updates the rewards accumulated for the input reward period
func (k Keeper) AccumulateHardBorrowRewards(ctx sdk.Context, rewardPeriod types.MultiRewardPeriod) error {
previousAccrualTime, found := k.GetPreviousHardBorrowRewardAccrualTime(ctx, rewardPeriod.CollateralType)
if !found {
k.SetPreviousHardBorrowRewardAccrualTime(ctx, rewardPeriod.CollateralType, ctx.BlockTime())
return nil
}
timeElapsed := CalculateTimeElapsed(rewardPeriod.Start, rewardPeriod.End, ctx.BlockTime(), previousAccrualTime)
if timeElapsed.IsZero() {
return nil
}
if rewardPeriod.RewardsPerSecond.IsZero() {
k.SetPreviousHardBorrowRewardAccrualTime(ctx, rewardPeriod.CollateralType, ctx.BlockTime())
return nil
}
totalBorrowedCoins, foundTotalBorrowedCoins := k.hardKeeper.GetBorrowedCoins(ctx)
if !foundTotalBorrowedCoins {
k.SetPreviousHardBorrowRewardAccrualTime(ctx, rewardPeriod.CollateralType, ctx.BlockTime())
return nil
}
totalBorrowed := totalBorrowedCoins.AmountOf(rewardPeriod.CollateralType).ToDec()
if totalBorrowed.IsZero() {
k.SetPreviousHardBorrowRewardAccrualTime(ctx, rewardPeriod.CollateralType, ctx.BlockTime())
return nil
}
previousRewardIndexes, found := k.GetHardBorrowRewardIndexes(ctx, rewardPeriod.CollateralType)
if !found {
for _, rewardCoin := range rewardPeriod.RewardsPerSecond {
rewardIndex := types.NewRewardIndex(rewardCoin.Denom, sdk.ZeroDec())
previousRewardIndexes = append(previousRewardIndexes, rewardIndex)
}
k.SetHardBorrowRewardIndexes(ctx, rewardPeriod.CollateralType, previousRewardIndexes)
}
hardFactor, found := k.hardKeeper.GetBorrowInterestFactor(ctx, rewardPeriod.CollateralType)
if !found {
k.SetPreviousHardBorrowRewardAccrualTime(ctx, rewardPeriod.CollateralType, ctx.BlockTime())
return nil
}
newRewardIndexes := previousRewardIndexes
for _, rewardCoin := range rewardPeriod.RewardsPerSecond {
newRewards := rewardCoin.Amount.ToDec().Mul(timeElapsed.ToDec())
previousRewardIndex, found := previousRewardIndexes.GetRewardIndex(rewardCoin.Denom)
if !found {
previousRewardIndex = types.NewRewardIndex(rewardCoin.Denom, sdk.ZeroDec())
}
// Calculate new reward factor and update reward index
rewardFactor := newRewards.Mul(hardFactor).Quo(totalBorrowed)
newRewardFactorValue := previousRewardIndex.RewardFactor.Add(rewardFactor)
newRewardIndex := types.NewRewardIndex(rewardCoin.Denom, newRewardFactorValue)
i, found := newRewardIndexes.GetFactorIndex(rewardCoin.Denom)
if found {
newRewardIndexes[i] = newRewardIndex
} else {
newRewardIndexes = append(newRewardIndexes, newRewardIndex)
}
}
k.SetHardBorrowRewardIndexes(ctx, rewardPeriod.CollateralType, newRewardIndexes)
k.SetPreviousHardBorrowRewardAccrualTime(ctx, rewardPeriod.CollateralType, ctx.BlockTime())
return nil
}
// InitializeHardBorrowReward initializes the borrow-side of a hard liquidity provider claim
// by creating the claim and setting the borrow reward factor index
func (k Keeper) InitializeHardBorrowReward(ctx sdk.Context, borrow hardtypes.Borrow) {
claim, found := k.GetHardLiquidityProviderClaim(ctx, borrow.Borrower)
if !found {
claim = types.NewHardLiquidityProviderClaim(borrow.Borrower, sdk.Coins{}, nil, nil, nil)
}
var borrowRewardIndexes types.MultiRewardIndexes
for _, coin := range borrow.Amount {
globalRewardIndexes, foundGlobalRewardIndexes := k.GetHardBorrowRewardIndexes(ctx, coin.Denom)
var multiRewardIndex types.MultiRewardIndex
if foundGlobalRewardIndexes {
multiRewardIndex = types.NewMultiRewardIndex(coin.Denom, globalRewardIndexes)
} else {
multiRewardIndex = types.NewMultiRewardIndex(coin.Denom, types.RewardIndexes{})
}
borrowRewardIndexes = append(borrowRewardIndexes, multiRewardIndex)
}
claim.BorrowRewardIndexes = borrowRewardIndexes
k.SetHardLiquidityProviderClaim(ctx, claim)
}
// SynchronizeHardBorrowReward updates the claim object by adding any accumulated rewards
// and updating the reward index value
func (k Keeper) SynchronizeHardBorrowReward(ctx sdk.Context, borrow hardtypes.Borrow) {
claim, found := k.GetHardLiquidityProviderClaim(ctx, borrow.Borrower)
if !found {
return
}
for _, coin := range borrow.Amount {
globalRewardIndexes, foundGlobalRewardIndexes := k.GetHardBorrowRewardIndexes(ctx, coin.Denom)
if !foundGlobalRewardIndexes {
continue
}
userMultiRewardIndex, foundUserMultiRewardIndex := claim.BorrowRewardIndexes.GetRewardIndex(coin.Denom)
if !foundUserMultiRewardIndex {
continue
}
userRewardIndexIndex, foundUserRewardIndexIndex := claim.BorrowRewardIndexes.GetRewardIndexIndex(coin.Denom)
if !foundUserRewardIndexIndex {
continue
}
for _, globalRewardIndex := range globalRewardIndexes {
userRewardIndex, foundUserRewardIndex := userMultiRewardIndex.RewardIndexes.GetRewardIndex(globalRewardIndex.CollateralType)
if !foundUserRewardIndex {
// User borrowed this coin type before it had rewards. When new rewards are added, legacy borrowers
// should immediately begin earning rewards. Enable users to do so by updating their claim with the global
// reward index denom and start their reward factor at 0.0
userRewardIndex = types.NewRewardIndex(globalRewardIndex.CollateralType, sdk.ZeroDec())
userMultiRewardIndex.RewardIndexes = append(userMultiRewardIndex.RewardIndexes, userRewardIndex)
claim.BorrowRewardIndexes[userRewardIndexIndex] = userMultiRewardIndex
}
globalRewardFactor := globalRewardIndex.RewardFactor
userRewardFactor := userRewardIndex.RewardFactor
rewardsAccumulatedFactor := globalRewardFactor.Sub(userRewardFactor)
if rewardsAccumulatedFactor.IsNegative() {
panic(fmt.Sprintf("reward accumulation factor cannot be negative: %s", rewardsAccumulatedFactor))
}
newRewardsAmount := rewardsAccumulatedFactor.Mul(borrow.Amount.AmountOf(coin.Denom).ToDec()).RoundInt()
factorIndex, foundFactorIndex := userMultiRewardIndex.RewardIndexes.GetFactorIndex(globalRewardIndex.CollateralType)
if !foundFactorIndex { // should never trigger
continue
}
claim.BorrowRewardIndexes[userRewardIndexIndex].RewardIndexes[factorIndex].RewardFactor = globalRewardIndex.RewardFactor
newRewardsCoin := sdk.NewCoin(userRewardIndex.CollateralType, newRewardsAmount)
claim.Reward = claim.Reward.Add(newRewardsCoin)
}
}
k.SetHardLiquidityProviderClaim(ctx, claim)
}
// UpdateHardBorrowIndexDenoms adds any new borrow denoms to the claim's borrow reward index
func (k Keeper) UpdateHardBorrowIndexDenoms(ctx sdk.Context, borrow hardtypes.Borrow) {
claim, found := k.GetHardLiquidityProviderClaim(ctx, borrow.Borrower)
if !found {
claim = types.NewHardLiquidityProviderClaim(borrow.Borrower, sdk.Coins{}, nil, nil, nil)
}
borrowDenoms := getDenoms(borrow.Amount)
borrowRewardIndexDenoms := claim.BorrowRewardIndexes.GetCollateralTypes()
uniqueBorrowDenoms := setDifference(borrowDenoms, borrowRewardIndexDenoms)
uniqueBorrowRewardDenoms := setDifference(borrowRewardIndexDenoms, borrowDenoms)
borrowRewardIndexes := claim.BorrowRewardIndexes
// Create a new multi-reward index in the claim for every new borrow denom
for _, denom := range uniqueBorrowDenoms {
_, foundUserRewardIndexes := claim.BorrowRewardIndexes.GetRewardIndex(denom)
if !foundUserRewardIndexes {
globalBorrowRewardIndexes, foundGlobalBorrowRewardIndexes := k.GetHardBorrowRewardIndexes(ctx, denom)
var multiRewardIndex types.MultiRewardIndex
if foundGlobalBorrowRewardIndexes {
multiRewardIndex = types.NewMultiRewardIndex(denom, globalBorrowRewardIndexes)
} else {
multiRewardIndex = types.NewMultiRewardIndex(denom, types.RewardIndexes{})
}
borrowRewardIndexes = append(borrowRewardIndexes, multiRewardIndex)
}
}
// Delete multi-reward index from claim if the collateral type is no longer borrowed
for _, denom := range uniqueBorrowRewardDenoms {
borrowRewardIndexes = borrowRewardIndexes.RemoveRewardIndex(denom)
}
claim.BorrowRewardIndexes = borrowRewardIndexes
k.SetHardLiquidityProviderClaim(ctx, claim)
}