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Created a migration for adding ETHx as collateral to mainnet WETH
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deployments/mainnet/weth/migrations/1715192704_add_ethx_collateral.ts
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import { DeploymentManager } from '../../../../plugins/deployment_manager/DeploymentManager'; | ||
import { migration } from '../../../../plugins/deployment_manager/Migration'; | ||
import { exp, proposal } from '../../../../src/deploy'; | ||
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import { expect } from 'chai'; | ||
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interface Vars { }; | ||
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const BORROW_COLLATERAL_FACTOR = exp(0.9, 18); | ||
const LIQUIDATE_COLLATERAL_FACTOR = exp(0.93, 18); | ||
const LIQUIDATION_FACTOR = exp(0.975, 18); | ||
const SUPPLY_CAP = exp(5_000, 18); | ||
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const ETHX_ADDRESS = '0xA35b1B31Ce002FBF2058D22F30f95D405200A15b'; | ||
const ETHX_PRICE_FEED_ADDRESS = '0xdd487947c579af433AeeF038Bf1573FdBB68d2d3'; | ||
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export default migration('1715192704_add_ethx_collateral', { | ||
prepare: async (deploymentManager: DeploymentManager) => { | ||
return {}; | ||
}, | ||
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enact: async (deploymentManager: DeploymentManager, govDeploymentManager: DeploymentManager, vars: Vars) => { | ||
const trace = deploymentManager.tracer(); | ||
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const ethx = await deploymentManager.existing( | ||
'ETHX', | ||
ETHX_ADDRESS, | ||
'mainnet', | ||
'contracts/ERC20.sol:ERC20' | ||
); | ||
const ethxPricefeed = await deploymentManager.existing( | ||
'ETHX:priceFeed', | ||
ETHX_PRICE_FEED_ADDRESS, | ||
'mainnet' | ||
); | ||
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const { | ||
governor, | ||
comet, | ||
configurator, | ||
cometAdmin, | ||
} = await deploymentManager.getContracts(); | ||
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const newAssetConfig = { | ||
asset: ethx.address, | ||
priceFeed: ethxPricefeed.address, | ||
decimals: await ethx.decimals(), | ||
borrowCollateralFactor: BORROW_COLLATERAL_FACTOR, | ||
liquidateCollateralFactor: LIQUIDATE_COLLATERAL_FACTOR, | ||
liquidationFactor: LIQUIDATION_FACTOR, | ||
supplyCap: SUPPLY_CAP, | ||
}; | ||
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const actions = [ | ||
// 1. Call the add asset function on the configurator contract | ||
{ | ||
contract: configurator, | ||
signature: | ||
'addAsset(address,(address,address,uint8,uint64,uint64,uint64,uint128))', | ||
args: [comet.address, newAssetConfig], | ||
}, | ||
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// 2. Deploy and upgrade to a new version of Comet | ||
{ | ||
contract: cometAdmin, | ||
signature: 'deployAndUpgradeTo(address,address)', | ||
args: [configurator.address, comet.address], | ||
}, | ||
]; | ||
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const description = '# Add ETHx price feed for collateral against WETH\n\nThis proposal takes the governance steps recommended and necessary to add ETHx as collateral for Compound III WETH; upon execution, ETHx will be ready for use. Simulations have confirmed the market’s readiness, as much as possible, using the [Comet scenario suite](https://github.com/compound-finance/comet/tree/main/scenario).\n\nFurther detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/851) and [forum discussion](https://www.comp.xyz/t/listing-ethx-on-compound/4730).\n\n## Proposal Actions\n\nThe first proposal action adds ETHx on the configurator contract.\n\nThe second proposal action deploys and upgrades the version of Comet to use ETHx.\n\n'; | ||
const txn = await deploymentManager.retry(async () => | ||
governor.propose(...(await proposal(actions, description))) | ||
); | ||
trace(txn); | ||
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const event = (await txn.wait()).events.find( | ||
(event) => event.event === 'ProposalCreated' | ||
); | ||
const [proposalId] = event.args; | ||
trace(`Created proposal ${proposalId}.`); | ||
}, | ||
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async enacted(deploymentManager: DeploymentManager): Promise<boolean> { | ||
return true; | ||
}, | ||
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async verify(deploymentManager: DeploymentManager) { | ||
const { comet } = await deploymentManager.getContracts(); | ||
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const ethxInfo = await comet.getAssetInfoByAddress(ETHX_ADDRESS); | ||
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// check pricefeed | ||
expect(await ethxInfo.priceFeed).to.be.eq(ETHX_PRICE_FEED_ADDRESS); | ||
// check config | ||
expect(await ethxInfo.borrowCollateralFactor).to.be.eq( | ||
BORROW_COLLATERAL_FACTOR | ||
); | ||
expect(await ethxInfo.liquidateCollateralFactor).to.be.eq( | ||
LIQUIDATE_COLLATERAL_FACTOR | ||
); | ||
expect(await ethxInfo.liquidationFactor).to.be.eq(LIQUIDATION_FACTOR); | ||
expect(await ethxInfo.supplyCap).to.be.eq(SUPPLY_CAP); | ||
}, | ||
}); |