0g-chain/x/cdp/keeper/draw.go
Kevin Davis 9b1bf55be7
R4R: Move liquidator functions to cdp module (#280)
* wip: tpyes and keeper methods

* wip: iterators

* wip: types and keeper methods

* wip: add msgs

* wip: client methods

* wip: rebase develop

* wip: types tests

* wip: keeper tests, small fixes

* wip: add cdp tests

* wip: deposit tests

* wip: keeper tests

* wip: tests and module methods

* feat: error when fetching expired price

* feat: conversion factor for external assets

* feat: debt floor for new cdps

* feat: save deposits on export genesis

* feat: ensure messages implement msg

* feat: index deposits by status

* fix: stray comment

* wip: address review comments

* address review comments

* wip: move liquidation to cdp module

* wip: handle liquidations directly

* wip: use new auction interface

* feat: auction collateral in cdp begin block

* feat: update param validation

* feat: surplus and debt auctions

* address review comments

* address review comments

* fix: auction multiple deposits

* clean up netting function
2020-01-15 15:19:33 +01:00

209 lines
6.9 KiB
Go

package keeper
import (
"fmt"
sdk "github.com/cosmos/cosmos-sdk/types"
"github.com/kava-labs/kava/x/cdp/types"
)
// AddPrincipal adds debt to a cdp if the additional debt does not put the cdp below the liquidation ratio
func (k Keeper) AddPrincipal(ctx sdk.Context, owner sdk.AccAddress, denom string, principal sdk.Coins) sdk.Error {
// validation
cdp, found := k.GetCdpByOwnerAndDenom(ctx, owner, denom)
if !found {
return types.ErrCdpNotFound(k.codespace, owner, denom)
}
err := k.ValidatePrincipalDraw(ctx, principal)
if err != nil {
return err
}
// fee calculation
periods := sdk.NewInt(ctx.BlockTime().Unix()).Sub(sdk.NewInt(cdp.FeesUpdated.Unix()))
fees := k.CalculateFees(ctx, cdp.Principal.Add(cdp.AccumulatedFees), periods, cdp.Collateral[0].Denom)
err = k.ValidateCollateralizationRatio(ctx, cdp.Collateral, cdp.Principal.Add(principal), cdp.AccumulatedFees.Add(fees))
if err != nil {
return err
}
// mint the principal and send it to the cdp owner
err = k.supplyKeeper.MintCoins(ctx, types.ModuleName, principal)
if err != nil {
panic(err)
}
err = k.supplyKeeper.SendCoinsFromModuleToAccount(ctx, types.ModuleName, owner, principal)
if err != nil {
panic(err)
}
// mint the corresponding amount of debt coins in the cdp module account
err = k.MintDebtCoins(ctx, types.ModuleName, k.GetDebtDenom(ctx), principal)
if err != nil {
panic(err)
}
// emit cdp draw event
ctx.EventManager().EmitEvent(
sdk.NewEvent(
types.EventTypeCdpDraw,
sdk.NewAttribute(sdk.AttributeKeyAmount, principal.String()),
sdk.NewAttribute(types.AttributeKeyCdpID, fmt.Sprintf("%d", cdp.ID)),
),
)
// remove old collateral:debt index
oldCollateralToDebtRatio := k.CalculateCollateralToDebtRatio(ctx, cdp.Collateral, cdp.Principal.Add(cdp.AccumulatedFees))
k.RemoveCdpCollateralRatioIndex(ctx, denom, cdp.ID, oldCollateralToDebtRatio)
// update cdp state
cdp.Principal = cdp.Principal.Add(principal)
cdp.AccumulatedFees = cdp.AccumulatedFees.Add(fees)
cdp.FeesUpdated = ctx.BlockTime()
// increment total principal for the input collateral type
k.IncrementTotalPrincipal(ctx, cdp.Collateral[0].Denom, principal)
// set cdp state and indexes in the store
collateralToDebtRatio := k.CalculateCollateralToDebtRatio(ctx, cdp.Collateral, cdp.Principal.Add(cdp.AccumulatedFees))
k.SetCdpAndCollateralRatioIndex(ctx, cdp, collateralToDebtRatio)
return nil
}
// RepayPrincipal removes debt from the cdp
// If all debt is repaid, the collateral is returned to depositors and the cdp is removed from the store
func (k Keeper) RepayPrincipal(ctx sdk.Context, owner sdk.AccAddress, denom string, payment sdk.Coins) sdk.Error {
// validation
cdp, found := k.GetCdpByOwnerAndDenom(ctx, owner, denom)
if !found {
return types.ErrCdpNotFound(k.codespace, owner, denom)
}
err := k.ValidatePaymentCoins(ctx, cdp, payment)
if err != nil {
return err
}
// calculate fees
periods := sdk.NewInt(ctx.BlockTime().Unix()).Sub(sdk.NewInt(cdp.FeesUpdated.Unix()))
fees := k.CalculateFees(ctx, cdp.Principal.Add(cdp.AccumulatedFees), periods, cdp.Collateral[0].Denom)
// calculate fee and principal payment
feePayment, principalPayment := k.calculatePayment(ctx, cdp.AccumulatedFees.Add(fees), payment)
// send the payment from the sender to the cpd module
err = k.supplyKeeper.SendCoinsFromAccountToModule(ctx, owner, types.ModuleName, payment)
if err != nil {
return err
}
// burn the payment coins
err = k.supplyKeeper.BurnCoins(ctx, types.ModuleName, payment)
if err != nil {
panic(err)
}
// burn the corresponding amount of debt coins
err = k.BurnDebtCoins(ctx, types.ModuleName, k.GetDebtDenom(ctx), payment)
if err != nil {
panic(err)
}
// emit repayment event
ctx.EventManager().EmitEvent(
sdk.NewEvent(
types.EventTypeCdpRepay,
sdk.NewAttribute(sdk.AttributeKeyAmount, payment.String()),
sdk.NewAttribute(types.AttributeKeyCdpID, fmt.Sprintf("%d", cdp.ID)),
),
)
// remove the old collateral:debt ratio index
oldCollateralToDebtRatio := k.CalculateCollateralToDebtRatio(ctx, cdp.Collateral, cdp.Principal.Add(cdp.AccumulatedFees))
k.RemoveCdpCollateralRatioIndex(ctx, denom, cdp.ID, oldCollateralToDebtRatio)
// update cdp state
if !principalPayment.IsZero() {
cdp.Principal = cdp.Principal.Sub(principalPayment)
}
cdp.AccumulatedFees = cdp.AccumulatedFees.Add(fees).Sub(feePayment)
cdp.FeesUpdated = ctx.BlockTime()
// decrement the total principal for the input collateral type
k.DecrementTotalPrincipal(ctx, denom, payment)
// if the debt is fully paid, return collateral to depositors,
// and remove the cdp and indexes from the store
if cdp.Principal.IsZero() && cdp.AccumulatedFees.IsZero() {
k.ReturnCollateral(ctx, cdp)
k.DeleteCDP(ctx, cdp)
k.RemoveCdpOwnerIndex(ctx, cdp)
// emit cdp close event
ctx.EventManager().EmitEvent(
sdk.NewEvent(
types.EventTypeCdpClose,
sdk.NewAttribute(types.AttributeKeyCdpID, fmt.Sprintf("%d", cdp.ID)),
),
)
return nil
}
// set cdp state and update indexes
collateralToDebtRatio := k.CalculateCollateralToDebtRatio(ctx, cdp.Collateral, cdp.Principal.Add(cdp.AccumulatedFees))
k.SetCdpAndCollateralRatioIndex(ctx, cdp, collateralToDebtRatio)
return nil
}
// ValidatePaymentCoins validates that the input coins are valid for repaying debt
func (k Keeper) ValidatePaymentCoins(ctx sdk.Context, cdp types.CDP, payment sdk.Coins) sdk.Error {
subset := payment.DenomsSubsetOf(cdp.Principal)
if !subset {
var paymentDenoms []string
var principalDenoms []string
for _, pc := range cdp.Principal {
principalDenoms = append(principalDenoms, pc.Denom)
}
for _, pc := range payment {
paymentDenoms = append(paymentDenoms, pc.Denom)
}
return types.ErrInvalidPaymentDenom(k.codespace, cdp.ID, principalDenoms, paymentDenoms)
}
return nil
}
// ReturnCollateral returns collateral to depositors on a cdp and removes deposits from the store
func (k Keeper) ReturnCollateral(ctx sdk.Context, cdp types.CDP) {
deposits := k.GetDeposits(ctx, cdp.ID)
for _, deposit := range deposits {
err := k.supplyKeeper.SendCoinsFromModuleToAccount(ctx, types.ModuleName, deposit.Depositor, deposit.Amount)
if err != nil {
panic(err)
}
k.DeleteDeposit(ctx, cdp.ID, deposit.Depositor)
}
}
func (k Keeper) calculatePayment(ctx sdk.Context, fees sdk.Coins, payment sdk.Coins) (sdk.Coins, sdk.Coins) {
// divides repayment into principal and fee components, with fee payment applied first.
feePayment := sdk.NewCoins()
principalPayment := sdk.NewCoins()
if fees.IsZero() {
return sdk.NewCoins(), payment
}
for _, fc := range fees {
if payment.AmountOf(fc.Denom).IsPositive() {
if payment.AmountOf(fc.Denom).GT(fc.Amount) {
feePayment = feePayment.Add(sdk.NewCoins(fc))
pc := sdk.NewCoin(fc.Denom, payment.AmountOf(fc.Denom).Sub(fc.Amount))
principalPayment = principalPayment.Add(sdk.NewCoins(pc))
} else {
fc := sdk.NewCoin(fc.Denom, payment.AmountOf(fc.Denom))
feePayment = feePayment.Add(sdk.NewCoins(fc))
}
}
}
return feePayment, principalPayment
}