mirror of
https://github.com/0glabs/0g-chain.git
synced 2024-11-10 18:15:19 +00:00
dc330d02bf
* feat: update hard genesis state and init/export methods * address review comments
1338 lines
46 KiB
Go
1338 lines
46 KiB
Go
package keeper_test
|
|
|
|
import (
|
|
"testing"
|
|
"time"
|
|
|
|
sdk "github.com/cosmos/cosmos-sdk/types"
|
|
"github.com/stretchr/testify/suite"
|
|
abci "github.com/tendermint/tendermint/abci/types"
|
|
"github.com/tendermint/tendermint/crypto"
|
|
tmtime "github.com/tendermint/tendermint/types/time"
|
|
|
|
"github.com/kava-labs/kava/app"
|
|
"github.com/kava-labs/kava/x/hard"
|
|
"github.com/kava-labs/kava/x/hard/types"
|
|
"github.com/kava-labs/kava/x/pricefeed"
|
|
)
|
|
|
|
type InterestTestSuite struct {
|
|
suite.Suite
|
|
}
|
|
|
|
func (suite *InterestTestSuite) TestCalculateUtilizationRatio() {
|
|
type args struct {
|
|
cash sdk.Dec
|
|
borrows sdk.Dec
|
|
reserves sdk.Dec
|
|
expectedValue sdk.Dec
|
|
}
|
|
|
|
type test struct {
|
|
name string
|
|
args args
|
|
}
|
|
|
|
testCases := []test{
|
|
{
|
|
"normal",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("1000"),
|
|
borrows: sdk.MustNewDecFromStr("5000"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
expectedValue: sdk.MustNewDecFromStr("0.847457627118644068"),
|
|
},
|
|
},
|
|
{
|
|
"high util ratio",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("1000"),
|
|
borrows: sdk.MustNewDecFromStr("250000"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
expectedValue: sdk.MustNewDecFromStr("0.996412913511359107"),
|
|
},
|
|
},
|
|
{
|
|
"very high util ratio",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("1000"),
|
|
borrows: sdk.MustNewDecFromStr("250000000000"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
expectedValue: sdk.MustNewDecFromStr("0.999999996400000013"),
|
|
},
|
|
},
|
|
{
|
|
"low util ratio",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("1000"),
|
|
borrows: sdk.MustNewDecFromStr("50"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
expectedValue: sdk.MustNewDecFromStr("0.052631578947368421"),
|
|
},
|
|
},
|
|
{
|
|
"very low util ratio",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("10000000"),
|
|
borrows: sdk.MustNewDecFromStr("50"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
expectedValue: sdk.MustNewDecFromStr("0.000005000025000125"),
|
|
},
|
|
},
|
|
}
|
|
|
|
for _, tc := range testCases {
|
|
suite.Run(tc.name, func() {
|
|
utilRatio := hard.CalculateUtilizationRatio(tc.args.cash, tc.args.borrows, tc.args.reserves)
|
|
suite.Require().Equal(tc.args.expectedValue, utilRatio)
|
|
})
|
|
}
|
|
}
|
|
|
|
func (suite *InterestTestSuite) TestCalculateBorrowRate() {
|
|
type args struct {
|
|
cash sdk.Dec
|
|
borrows sdk.Dec
|
|
reserves sdk.Dec
|
|
model types.InterestRateModel
|
|
expectedValue sdk.Dec
|
|
}
|
|
|
|
type test struct {
|
|
name string
|
|
args args
|
|
}
|
|
|
|
// Normal model has:
|
|
// - BaseRateAPY: 0.0
|
|
// - BaseMultiplier: 0.1
|
|
// - Kink: 0.8
|
|
// - JumpMultiplier: 0.5
|
|
normalModel := types.NewInterestRateModel(sdk.MustNewDecFromStr("0"), sdk.MustNewDecFromStr("0.1"), sdk.MustNewDecFromStr("0.8"), sdk.MustNewDecFromStr("0.5"))
|
|
|
|
testCases := []test{
|
|
{
|
|
"normal no jump",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("5000"),
|
|
borrows: sdk.MustNewDecFromStr("1000"),
|
|
reserves: sdk.MustNewDecFromStr("1000"),
|
|
model: normalModel,
|
|
expectedValue: sdk.MustNewDecFromStr("0.020000000000000000"),
|
|
},
|
|
},
|
|
{
|
|
"normal with jump",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("1000"),
|
|
borrows: sdk.MustNewDecFromStr("5000"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
model: normalModel,
|
|
expectedValue: sdk.MustNewDecFromStr("0.103728813559322034"),
|
|
},
|
|
},
|
|
{
|
|
"high cash",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("10000000"),
|
|
borrows: sdk.MustNewDecFromStr("5000"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
model: normalModel,
|
|
expectedValue: sdk.MustNewDecFromStr("0.000049975511999120"),
|
|
},
|
|
},
|
|
{
|
|
"high borrows",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("1000"),
|
|
borrows: sdk.MustNewDecFromStr("5000000000000"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
model: normalModel,
|
|
expectedValue: sdk.MustNewDecFromStr("0.179999999910000000"),
|
|
},
|
|
},
|
|
{
|
|
"high reserves",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("1000"),
|
|
borrows: sdk.MustNewDecFromStr("5000"),
|
|
reserves: sdk.MustNewDecFromStr("1000000000000"),
|
|
model: normalModel,
|
|
expectedValue: sdk.MustNewDecFromStr("0.180000000000000000"),
|
|
},
|
|
},
|
|
{
|
|
"random numbers",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("125"),
|
|
borrows: sdk.MustNewDecFromStr("11"),
|
|
reserves: sdk.MustNewDecFromStr("82"),
|
|
model: normalModel,
|
|
expectedValue: sdk.MustNewDecFromStr("0.020370370370370370"),
|
|
},
|
|
},
|
|
{
|
|
"increased base multiplier",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("1000"),
|
|
borrows: sdk.MustNewDecFromStr("5000"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
model: types.NewInterestRateModel(sdk.MustNewDecFromStr("0"), sdk.MustNewDecFromStr("0.5"), sdk.MustNewDecFromStr("0.8"), sdk.MustNewDecFromStr("1.0")),
|
|
expectedValue: sdk.MustNewDecFromStr("0.447457627118644068"),
|
|
},
|
|
},
|
|
{
|
|
"decreased kink",
|
|
args{
|
|
cash: sdk.MustNewDecFromStr("1000"),
|
|
borrows: sdk.MustNewDecFromStr("5000"),
|
|
reserves: sdk.MustNewDecFromStr("100"),
|
|
model: types.NewInterestRateModel(sdk.MustNewDecFromStr("0"), sdk.MustNewDecFromStr("0.5"), sdk.MustNewDecFromStr("0.1"), sdk.MustNewDecFromStr("1.0")),
|
|
expectedValue: sdk.MustNewDecFromStr("0.797457627118644068"),
|
|
},
|
|
},
|
|
}
|
|
|
|
for _, tc := range testCases {
|
|
suite.Run(tc.name, func() {
|
|
borrowRate, err := hard.CalculateBorrowRate(tc.args.model, tc.args.cash, tc.args.borrows, tc.args.reserves)
|
|
suite.Require().NoError(err)
|
|
suite.Require().Equal(tc.args.expectedValue, borrowRate)
|
|
})
|
|
}
|
|
}
|
|
|
|
func (suite *InterestTestSuite) TestCalculateBorrowInterestFactor() {
|
|
type args struct {
|
|
perSecondInterestRate sdk.Dec
|
|
timeElapsed sdk.Int
|
|
expectedValue sdk.Dec
|
|
}
|
|
|
|
type test struct {
|
|
name string
|
|
args args
|
|
}
|
|
|
|
oneYearInSeconds := int64(31536000)
|
|
|
|
testCases := []test{
|
|
{
|
|
"1 year",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000000005555"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds),
|
|
expectedValue: sdk.MustNewDecFromStr("1.191463614477847370"),
|
|
},
|
|
},
|
|
{
|
|
"10 year",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000000005555"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds * 10),
|
|
expectedValue: sdk.MustNewDecFromStr("5.765113233897391189"),
|
|
},
|
|
},
|
|
{
|
|
"1 month",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000000005555"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds / 12),
|
|
expectedValue: sdk.MustNewDecFromStr("1.014705619075717373"),
|
|
},
|
|
},
|
|
{
|
|
"1 day",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000000005555"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds / 365),
|
|
expectedValue: sdk.MustNewDecFromStr("1.000480067194057924"),
|
|
},
|
|
},
|
|
{
|
|
"1 year: low interest rate",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000000000555"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds),
|
|
expectedValue: sdk.MustNewDecFromStr("1.017656545925063632"),
|
|
},
|
|
},
|
|
{
|
|
"1 year, lower interest rate",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000000000055"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds),
|
|
expectedValue: sdk.MustNewDecFromStr("1.001735985079841390"),
|
|
},
|
|
},
|
|
{
|
|
"1 year, lowest interest rate",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000000000005"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds),
|
|
expectedValue: sdk.MustNewDecFromStr("1.000157692432076670"),
|
|
},
|
|
},
|
|
{
|
|
"1 year: high interest rate",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000000055555"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds),
|
|
expectedValue: sdk.MustNewDecFromStr("5.766022095987868825"),
|
|
},
|
|
},
|
|
{
|
|
"1 year: higher interest rate",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000000555555"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds),
|
|
expectedValue: sdk.MustNewDecFromStr("40628388.864535408465693310"),
|
|
},
|
|
},
|
|
{
|
|
"1 year: highest interest rate",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("1.000001555555"),
|
|
timeElapsed: sdk.NewInt(oneYearInSeconds),
|
|
expectedValue: sdk.MustNewDecFromStr("2017093013158200407564.613502861572552603"),
|
|
},
|
|
},
|
|
{
|
|
"largest per second interest rate with practical elapsed time",
|
|
args{
|
|
perSecondInterestRate: sdk.MustNewDecFromStr("18.445"), // Begins to panic at ~18.45 (1845%/second interest rate)
|
|
timeElapsed: sdk.NewInt(30), // Assume a 30 second period, longer than any expected individual block
|
|
expectedValue: sdk.MustNewDecFromStr("94702138679846565921082258202543002089.215969366091911769"),
|
|
},
|
|
},
|
|
}
|
|
|
|
for _, tc := range testCases {
|
|
interestFactor := hard.CalculateBorrowInterestFactor(tc.args.perSecondInterestRate, tc.args.timeElapsed)
|
|
suite.Require().Equal(tc.args.expectedValue, interestFactor)
|
|
}
|
|
}
|
|
|
|
func (suite *InterestTestSuite) TestCalculateSupplyInterestFactor() {
|
|
type args struct {
|
|
newInterest sdk.Dec
|
|
cash sdk.Dec
|
|
borrows sdk.Dec
|
|
reserves sdk.Dec
|
|
reserveFactor sdk.Dec
|
|
expectedValue sdk.Dec
|
|
}
|
|
|
|
type test struct {
|
|
name string
|
|
args args
|
|
}
|
|
|
|
testCases := []test{
|
|
{
|
|
"low new interest",
|
|
args{
|
|
newInterest: sdk.MustNewDecFromStr("1"),
|
|
cash: sdk.MustNewDecFromStr("100.0"),
|
|
borrows: sdk.MustNewDecFromStr("1000.0"),
|
|
reserves: sdk.MustNewDecFromStr("10.0"),
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedValue: sdk.MustNewDecFromStr("1.000917431192660550"),
|
|
},
|
|
},
|
|
{
|
|
"medium new interest",
|
|
args{
|
|
newInterest: sdk.MustNewDecFromStr("5"),
|
|
cash: sdk.MustNewDecFromStr("100.0"),
|
|
borrows: sdk.MustNewDecFromStr("1000.0"),
|
|
reserves: sdk.MustNewDecFromStr("10.0"),
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedValue: sdk.MustNewDecFromStr("1.004587155963302752"),
|
|
},
|
|
},
|
|
{
|
|
"high new interest",
|
|
args{
|
|
newInterest: sdk.MustNewDecFromStr("10"),
|
|
cash: sdk.MustNewDecFromStr("100.0"),
|
|
borrows: sdk.MustNewDecFromStr("1000.0"),
|
|
reserves: sdk.MustNewDecFromStr("10.0"),
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedValue: sdk.MustNewDecFromStr("1.009174311926605505"),
|
|
},
|
|
},
|
|
}
|
|
|
|
for _, tc := range testCases {
|
|
interestFactor := hard.CalculateSupplyInterestFactor(tc.args.newInterest,
|
|
tc.args.cash, tc.args.borrows, tc.args.reserves)
|
|
suite.Require().Equal(tc.args.expectedValue, interestFactor)
|
|
}
|
|
}
|
|
|
|
func (suite *InterestTestSuite) TestAPYToSPY() {
|
|
type args struct {
|
|
apy sdk.Dec
|
|
expectedValue sdk.Dec
|
|
}
|
|
|
|
type test struct {
|
|
name string
|
|
args args
|
|
expectError bool
|
|
}
|
|
|
|
testCases := []test{
|
|
{
|
|
"lowest apy",
|
|
args{
|
|
apy: sdk.MustNewDecFromStr("0.005"),
|
|
expectedValue: sdk.MustNewDecFromStr("0.999999831991472557"),
|
|
},
|
|
false,
|
|
},
|
|
{
|
|
"lower apy",
|
|
args{
|
|
apy: sdk.MustNewDecFromStr("0.05"),
|
|
expectedValue: sdk.MustNewDecFromStr("0.999999905005957279"),
|
|
},
|
|
false,
|
|
},
|
|
{
|
|
"medium-low apy",
|
|
args{
|
|
apy: sdk.MustNewDecFromStr("0.5"),
|
|
expectedValue: sdk.MustNewDecFromStr("0.999999978020447332"),
|
|
},
|
|
false,
|
|
},
|
|
{
|
|
"medium-high apy",
|
|
args{
|
|
apy: sdk.MustNewDecFromStr("5"),
|
|
expectedValue: sdk.MustNewDecFromStr("1.000000051034942717"),
|
|
},
|
|
false,
|
|
},
|
|
{
|
|
"high apy",
|
|
args{
|
|
apy: sdk.MustNewDecFromStr("50"),
|
|
expectedValue: sdk.MustNewDecFromStr("1.000000124049443433"),
|
|
},
|
|
false,
|
|
},
|
|
{
|
|
"highest apy",
|
|
args{
|
|
apy: sdk.MustNewDecFromStr("177"),
|
|
expectedValue: sdk.MustNewDecFromStr("1.000002441641340532"),
|
|
},
|
|
false,
|
|
},
|
|
{
|
|
"out of bounds error after 178",
|
|
args{
|
|
apy: sdk.MustNewDecFromStr("178"),
|
|
expectedValue: sdk.ZeroDec(),
|
|
},
|
|
true,
|
|
},
|
|
}
|
|
for _, tc := range testCases {
|
|
suite.Run(tc.name, func() {
|
|
spy, err := hard.APYToSPY(tc.args.apy)
|
|
if tc.expectError {
|
|
suite.Require().Error(err)
|
|
} else {
|
|
suite.Require().NoError(err)
|
|
suite.Require().Equal(tc.args.expectedValue, spy)
|
|
}
|
|
})
|
|
}
|
|
}
|
|
|
|
type ExpectedBorrowInterest struct {
|
|
elapsedTime int64
|
|
shouldBorrow bool
|
|
borrowCoin sdk.Coin
|
|
}
|
|
|
|
func (suite *KeeperTestSuite) TestBorrowInterest() {
|
|
type args struct {
|
|
user sdk.AccAddress
|
|
initialBorrowerCoins sdk.Coins
|
|
initialModuleCoins sdk.Coins
|
|
borrowCoinDenom string
|
|
borrowCoins sdk.Coins
|
|
interestRateModel types.InterestRateModel
|
|
reserveFactor sdk.Dec
|
|
expectedInterestSnaphots []ExpectedBorrowInterest
|
|
}
|
|
|
|
type errArgs struct {
|
|
expectPass bool
|
|
contains string
|
|
}
|
|
|
|
type interestTest struct {
|
|
name string
|
|
args args
|
|
errArgs errArgs
|
|
}
|
|
|
|
normalModel := types.NewInterestRateModel(sdk.MustNewDecFromStr("0"), sdk.MustNewDecFromStr("0.1"), sdk.MustNewDecFromStr("0.8"), sdk.MustNewDecFromStr("0.5"))
|
|
|
|
oneDayInSeconds := int64(86400)
|
|
oneWeekInSeconds := int64(604800)
|
|
oneMonthInSeconds := int64(2592000)
|
|
oneYearInSeconds := int64(31536000)
|
|
|
|
testCases := []interestTest{
|
|
{
|
|
"one day",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
borrowCoinDenom: "ukava",
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedBorrowInterest{
|
|
{
|
|
elapsedTime: oneDayInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"one week",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
borrowCoinDenom: "ukava",
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedBorrowInterest{
|
|
{
|
|
elapsedTime: oneWeekInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"one month",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
borrowCoinDenom: "ukava",
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedBorrowInterest{
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"one year",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
borrowCoinDenom: "ukava",
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedBorrowInterest{
|
|
{
|
|
elapsedTime: oneYearInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"0 reserve factor",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
borrowCoinDenom: "ukava",
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0"),
|
|
expectedInterestSnaphots: []ExpectedBorrowInterest{
|
|
{
|
|
elapsedTime: oneYearInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"borrow during snapshot",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
borrowCoinDenom: "ukava",
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedBorrowInterest{
|
|
{
|
|
elapsedTime: oneYearInSeconds,
|
|
shouldBorrow: true,
|
|
borrowCoin: sdk.NewCoin("ukava", sdk.NewInt(1*KAVA_CF)),
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"multiple snapshots",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
borrowCoinDenom: "ukava",
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedBorrowInterest{
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"varied snapshots",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
borrowCoinDenom: "ukava",
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedBorrowInterest{
|
|
{
|
|
elapsedTime: oneDayInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
{
|
|
elapsedTime: oneWeekInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
{
|
|
elapsedTime: oneYearInSeconds,
|
|
shouldBorrow: false,
|
|
borrowCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
}
|
|
|
|
for _, tc := range testCases {
|
|
suite.Run(tc.name, func() {
|
|
// Initialize test app and set context
|
|
tApp := app.NewTestApp()
|
|
ctx := tApp.NewContext(true, abci.Header{Height: 1, Time: tmtime.Now()})
|
|
|
|
// Auth module genesis state
|
|
authGS := app.NewAuthGenState(
|
|
[]sdk.AccAddress{tc.args.user},
|
|
[]sdk.Coins{tc.args.initialBorrowerCoins},
|
|
)
|
|
|
|
// Hard module genesis state
|
|
hardGS := types.NewGenesisState(types.NewParams(
|
|
types.MoneyMarkets{
|
|
types.NewMoneyMarket("ukava",
|
|
types.NewBorrowLimit(false, sdk.NewDec(100000000*KAVA_CF), sdk.MustNewDecFromStr("0.8")), // Borrow Limit
|
|
"kava:usd", // Market ID
|
|
sdk.NewInt(KAVA_CF), // Conversion Factor
|
|
sdk.NewInt(USDX_CF*1000), // Auction Size
|
|
tc.args.interestRateModel, // Interest Rate Model
|
|
tc.args.reserveFactor, // Reserve Factor
|
|
sdk.ZeroDec()), // Keeper Reward Percentage
|
|
},
|
|
0, // LTV counter
|
|
), types.DefaultAccumulationTimes, types.DefaultDeposits, types.DefaultBorrows,
|
|
types.DefaultTotalSupplied, types.DefaultTotalBorrowed, types.DefaultTotalReserves,
|
|
)
|
|
|
|
// Pricefeed module genesis state
|
|
pricefeedGS := pricefeed.GenesisState{
|
|
Params: pricefeed.Params{
|
|
Markets: []pricefeed.Market{
|
|
{MarketID: "kava:usd", BaseAsset: "kava", QuoteAsset: "usd", Oracles: []sdk.AccAddress{}, Active: true},
|
|
},
|
|
},
|
|
PostedPrices: []pricefeed.PostedPrice{
|
|
{
|
|
MarketID: "kava:usd",
|
|
OracleAddress: sdk.AccAddress{},
|
|
Price: sdk.MustNewDecFromStr("2.00"),
|
|
Expiry: time.Now().Add(100 * time.Hour),
|
|
},
|
|
},
|
|
}
|
|
|
|
// Initialize test application
|
|
tApp.InitializeFromGenesisStates(authGS,
|
|
app.GenesisState{pricefeed.ModuleName: pricefeed.ModuleCdc.MustMarshalJSON(pricefeedGS)},
|
|
app.GenesisState{types.ModuleName: types.ModuleCdc.MustMarshalJSON(hardGS)})
|
|
|
|
// Mint coins to Hard module account
|
|
supplyKeeper := tApp.GetSupplyKeeper()
|
|
supplyKeeper.MintCoins(ctx, types.ModuleAccountName, tc.args.initialModuleCoins)
|
|
|
|
keeper := tApp.GetHardKeeper()
|
|
suite.app = tApp
|
|
suite.ctx = ctx
|
|
suite.keeper = keeper
|
|
|
|
var err error
|
|
|
|
// Run begin blocker and store initial block time
|
|
hard.BeginBlocker(suite.ctx, suite.keeper)
|
|
|
|
// Deposit 2x as many coins for each coin we intend to borrow
|
|
depositCoins := sdk.NewCoins()
|
|
for _, borrowCoin := range tc.args.borrowCoins {
|
|
depositCoins = depositCoins.Add(sdk.NewCoin(borrowCoin.Denom, borrowCoin.Amount.Mul(sdk.NewInt(2))))
|
|
}
|
|
err = suite.keeper.Deposit(suite.ctx, tc.args.user, depositCoins)
|
|
suite.Require().NoError(err)
|
|
|
|
// Borrow coins
|
|
err = suite.keeper.Borrow(suite.ctx, tc.args.user, tc.args.borrowCoins)
|
|
suite.Require().NoError(err)
|
|
|
|
// Check that the initial module-level borrow balance is correct and store it
|
|
initialBorrowedCoins, _ := suite.keeper.GetBorrowedCoins(suite.ctx)
|
|
suite.Require().Equal(tc.args.borrowCoins, initialBorrowedCoins)
|
|
|
|
// Check interest levels for each snapshot
|
|
prevCtx := suite.ctx
|
|
for _, snapshot := range tc.args.expectedInterestSnaphots {
|
|
// ---------------------------- Calculate expected interest ----------------------------
|
|
// 1. Get cash, borrows, reserves, and borrow index
|
|
cashPrior := suite.getModuleAccountAtCtx(types.ModuleName, prevCtx).GetCoins().AmountOf(tc.args.borrowCoinDenom)
|
|
|
|
borrowCoinsPrior, borrowCoinsPriorFound := suite.keeper.GetBorrowedCoins(prevCtx)
|
|
suite.Require().True(borrowCoinsPriorFound)
|
|
borrowCoinPriorAmount := borrowCoinsPrior.AmountOf(tc.args.borrowCoinDenom)
|
|
|
|
reservesPrior, foundReservesPrior := suite.keeper.GetTotalReserves(prevCtx)
|
|
if !foundReservesPrior {
|
|
reservesPrior = sdk.NewCoins(sdk.NewCoin(tc.args.borrowCoinDenom, sdk.ZeroInt()))
|
|
}
|
|
|
|
interestFactorPrior, foundInterestFactorPrior := suite.keeper.GetBorrowInterestFactor(prevCtx, tc.args.borrowCoinDenom)
|
|
suite.Require().True(foundInterestFactorPrior)
|
|
|
|
// 2. Calculate expected interest owed
|
|
borrowRateApy, err := hard.CalculateBorrowRate(tc.args.interestRateModel, sdk.NewDecFromInt(cashPrior), sdk.NewDecFromInt(borrowCoinPriorAmount), sdk.NewDecFromInt(reservesPrior.AmountOf(tc.args.borrowCoinDenom)))
|
|
suite.Require().NoError(err)
|
|
|
|
// Convert from APY to SPY, expressed as (1 + borrow rate)
|
|
borrowRateSpy, err := hard.APYToSPY(sdk.OneDec().Add(borrowRateApy))
|
|
suite.Require().NoError(err)
|
|
|
|
interestFactor := hard.CalculateBorrowInterestFactor(borrowRateSpy, sdk.NewInt(snapshot.elapsedTime))
|
|
expectedInterest := (interestFactor.Mul(sdk.NewDecFromInt(borrowCoinPriorAmount)).TruncateInt()).Sub(borrowCoinPriorAmount)
|
|
expectedReserves := reservesPrior.Add(sdk.NewCoin(tc.args.borrowCoinDenom, sdk.NewDecFromInt(expectedInterest).Mul(tc.args.reserveFactor).TruncateInt()))
|
|
expectedInterestFactor := interestFactorPrior.Mul(interestFactor)
|
|
// -------------------------------------------------------------------------------------
|
|
|
|
// Set up snapshot chain context and run begin blocker
|
|
runAtTime := time.Unix(prevCtx.BlockTime().Unix()+(snapshot.elapsedTime), 0)
|
|
snapshotCtx := prevCtx.WithBlockTime(runAtTime)
|
|
hard.BeginBlocker(snapshotCtx, suite.keeper)
|
|
|
|
// Check that the total amount of borrowed coins has increased by expected interest amount
|
|
expectedBorrowedCoins := borrowCoinsPrior.AmountOf(tc.args.borrowCoinDenom).Add(expectedInterest)
|
|
currBorrowedCoins, _ := suite.keeper.GetBorrowedCoins(snapshotCtx)
|
|
suite.Require().Equal(expectedBorrowedCoins, currBorrowedCoins.AmountOf(tc.args.borrowCoinDenom))
|
|
|
|
// Check that the total reserves have changed as expected
|
|
currTotalReserves, _ := suite.keeper.GetTotalReserves(snapshotCtx)
|
|
suite.Require().Equal(expectedReserves, currTotalReserves)
|
|
|
|
// Check that the borrow index has increased as expected
|
|
currIndexPrior, _ := suite.keeper.GetBorrowInterestFactor(snapshotCtx, tc.args.borrowCoinDenom)
|
|
suite.Require().Equal(expectedInterestFactor, currIndexPrior)
|
|
|
|
// After borrowing again user's borrow balance should have any outstanding interest applied
|
|
if snapshot.shouldBorrow {
|
|
borrowCoinsBefore, _ := suite.keeper.GetBorrow(snapshotCtx, tc.args.user)
|
|
expectedInterestCoins := sdk.NewCoin(tc.args.borrowCoinDenom, expectedInterest)
|
|
expectedBorrowCoinsAfter := borrowCoinsBefore.Amount.Add(snapshot.borrowCoin).Add(expectedInterestCoins)
|
|
|
|
err = suite.keeper.Borrow(snapshotCtx, tc.args.user, sdk.NewCoins(snapshot.borrowCoin))
|
|
suite.Require().NoError(err)
|
|
|
|
borrowCoinsAfter, _ := suite.keeper.GetBorrow(snapshotCtx, tc.args.user)
|
|
suite.Require().Equal(expectedBorrowCoinsAfter, borrowCoinsAfter.Amount)
|
|
}
|
|
// Update previous context to this snapshot's context, segmenting time periods between snapshots
|
|
prevCtx = snapshotCtx
|
|
}
|
|
})
|
|
}
|
|
}
|
|
|
|
type ExpectedSupplyInterest struct {
|
|
elapsedTime int64
|
|
shouldSupply bool
|
|
supplyCoin sdk.Coin
|
|
}
|
|
|
|
func (suite *KeeperTestSuite) TestSupplyInterest() {
|
|
type args struct {
|
|
user sdk.AccAddress
|
|
initialSupplierCoins sdk.Coins
|
|
initialBorrowerCoins sdk.Coins
|
|
initialModuleCoins sdk.Coins
|
|
depositCoins sdk.Coins
|
|
coinDenoms []string
|
|
borrowCoins sdk.Coins
|
|
interestRateModel types.InterestRateModel
|
|
reserveFactor sdk.Dec
|
|
expectedInterestSnaphots []ExpectedSupplyInterest
|
|
}
|
|
|
|
type errArgs struct {
|
|
expectPass bool
|
|
contains string
|
|
}
|
|
|
|
type interestTest struct {
|
|
name string
|
|
args args
|
|
errArgs errArgs
|
|
}
|
|
|
|
normalModel := types.NewInterestRateModel(sdk.MustNewDecFromStr("0"), sdk.MustNewDecFromStr("0.1"), sdk.MustNewDecFromStr("0.8"), sdk.MustNewDecFromStr("0.5"))
|
|
|
|
oneDayInSeconds := int64(86400)
|
|
oneWeekInSeconds := int64(604800)
|
|
oneMonthInSeconds := int64(2592000)
|
|
oneYearInSeconds := int64(31536000)
|
|
|
|
testCases := []interestTest{
|
|
{
|
|
"one day",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
depositCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
coinDenoms: []string{"ukava"},
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedSupplyInterest{
|
|
{
|
|
elapsedTime: oneDayInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"one week",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
depositCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
coinDenoms: []string{"ukava"},
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedSupplyInterest{
|
|
{
|
|
elapsedTime: oneWeekInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"one month",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
depositCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
coinDenoms: []string{"ukava"},
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedSupplyInterest{
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"one year",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
depositCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
coinDenoms: []string{"ukava"},
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedSupplyInterest{
|
|
{
|
|
elapsedTime: oneYearInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"supply/borrow multiple coins",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF)), sdk.NewCoin("bnb", sdk.NewInt(100*BNB_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
depositCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF)), sdk.NewCoin("bnb", sdk.NewInt(100*BNB_CF))),
|
|
coinDenoms: []string{"ukava"},
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF)), sdk.NewCoin("bnb", sdk.NewInt(20*BNB_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedSupplyInterest{
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"supply during snapshot",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
depositCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
coinDenoms: []string{"ukava"},
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedSupplyInterest{
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldSupply: true,
|
|
supplyCoin: sdk.NewCoin("ukava", sdk.NewInt(20*KAVA_CF)),
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"multiple snapshots",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
depositCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
coinDenoms: []string{"ukava"},
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(80*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedSupplyInterest{
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
{
|
|
"varied snapshots",
|
|
args{
|
|
user: sdk.AccAddress(crypto.AddressHash([]byte("test"))),
|
|
initialBorrowerCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
initialModuleCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(1000*KAVA_CF))),
|
|
depositCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(100*KAVA_CF))),
|
|
coinDenoms: []string{"ukava"},
|
|
borrowCoins: sdk.NewCoins(sdk.NewCoin("ukava", sdk.NewInt(50*KAVA_CF))),
|
|
interestRateModel: normalModel,
|
|
reserveFactor: sdk.MustNewDecFromStr("0.05"),
|
|
expectedInterestSnaphots: []ExpectedSupplyInterest{
|
|
{
|
|
elapsedTime: oneMonthInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
{
|
|
elapsedTime: oneDayInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
{
|
|
elapsedTime: oneYearInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
{
|
|
elapsedTime: oneWeekInSeconds,
|
|
shouldSupply: false,
|
|
supplyCoin: sdk.Coin{},
|
|
},
|
|
},
|
|
},
|
|
errArgs{
|
|
expectPass: true,
|
|
contains: "",
|
|
},
|
|
},
|
|
}
|
|
for _, tc := range testCases {
|
|
suite.Run(tc.name, func() {
|
|
// Initialize test app and set context
|
|
tApp := app.NewTestApp()
|
|
ctx := tApp.NewContext(true, abci.Header{Height: 1, Time: tmtime.Now()})
|
|
|
|
// Auth module genesis state
|
|
authGS := app.NewAuthGenState(
|
|
[]sdk.AccAddress{tc.args.user},
|
|
[]sdk.Coins{tc.args.initialBorrowerCoins},
|
|
)
|
|
|
|
// Hard module genesis state
|
|
hardGS := types.NewGenesisState(types.NewParams(
|
|
types.MoneyMarkets{
|
|
types.NewMoneyMarket("ukava",
|
|
types.NewBorrowLimit(false, sdk.NewDec(100000000*KAVA_CF), sdk.MustNewDecFromStr("0.8")), // Borrow Limit
|
|
"kava:usd", // Market ID
|
|
sdk.NewInt(KAVA_CF), // Conversion Factor
|
|
sdk.NewInt(USDX_CF*1000), // Auction Size
|
|
tc.args.interestRateModel, // Interest Rate Model
|
|
tc.args.reserveFactor, // Reserve Factor
|
|
sdk.ZeroDec()), // Keeper Reward Percentage
|
|
types.NewMoneyMarket("bnb",
|
|
types.NewBorrowLimit(false, sdk.NewDec(100000000*BNB_CF), sdk.MustNewDecFromStr("0.8")), // Borrow Limit
|
|
"bnb:usd", // Market ID
|
|
sdk.NewInt(BNB_CF), // Conversion Factor
|
|
sdk.NewInt(USDX_CF*1000), // Auction Size
|
|
tc.args.interestRateModel, // Interest Rate Model
|
|
tc.args.reserveFactor, // Reserve Factor
|
|
sdk.ZeroDec()), // Keeper Reward Percentage
|
|
},
|
|
0, // LTV counter
|
|
), types.DefaultAccumulationTimes, types.DefaultDeposits, types.DefaultBorrows,
|
|
types.DefaultTotalSupplied, types.DefaultTotalBorrowed, types.DefaultTotalReserves,
|
|
)
|
|
|
|
// Pricefeed module genesis state
|
|
pricefeedGS := pricefeed.GenesisState{
|
|
Params: pricefeed.Params{
|
|
Markets: []pricefeed.Market{
|
|
{MarketID: "kava:usd", BaseAsset: "kava", QuoteAsset: "usd", Oracles: []sdk.AccAddress{}, Active: true},
|
|
{MarketID: "bnb:usd", BaseAsset: "bnb", QuoteAsset: "usd", Oracles: []sdk.AccAddress{}, Active: true},
|
|
},
|
|
},
|
|
PostedPrices: []pricefeed.PostedPrice{
|
|
{
|
|
MarketID: "kava:usd",
|
|
OracleAddress: sdk.AccAddress{},
|
|
Price: sdk.MustNewDecFromStr("2.00"),
|
|
Expiry: time.Now().Add(100 * time.Hour),
|
|
},
|
|
{
|
|
MarketID: "bnb:usd",
|
|
OracleAddress: sdk.AccAddress{},
|
|
Price: sdk.MustNewDecFromStr("20.00"),
|
|
Expiry: time.Now().Add(100 * time.Hour),
|
|
},
|
|
},
|
|
}
|
|
|
|
// Initialize test application
|
|
tApp.InitializeFromGenesisStates(authGS,
|
|
app.GenesisState{pricefeed.ModuleName: pricefeed.ModuleCdc.MustMarshalJSON(pricefeedGS)},
|
|
app.GenesisState{types.ModuleName: types.ModuleCdc.MustMarshalJSON(hardGS)})
|
|
|
|
// Mint coins to Hard module account
|
|
supplyKeeper := tApp.GetSupplyKeeper()
|
|
supplyKeeper.MintCoins(ctx, types.ModuleAccountName, tc.args.initialModuleCoins)
|
|
|
|
keeper := tApp.GetHardKeeper()
|
|
suite.app = tApp
|
|
suite.ctx = ctx
|
|
suite.keeper = keeper
|
|
suite.keeper.SetSuppliedCoins(ctx, tc.args.initialModuleCoins)
|
|
|
|
var err error
|
|
|
|
// Run begin blocker
|
|
hard.BeginBlocker(suite.ctx, suite.keeper)
|
|
|
|
// // Deposit coins
|
|
err = suite.keeper.Deposit(suite.ctx, tc.args.user, tc.args.depositCoins)
|
|
suite.Require().NoError(err)
|
|
|
|
// Borrow coins
|
|
err = suite.keeper.Borrow(suite.ctx, tc.args.user, tc.args.borrowCoins)
|
|
suite.Require().NoError(err)
|
|
|
|
// Check interest levels for each snapshot
|
|
prevCtx := suite.ctx
|
|
for _, snapshot := range tc.args.expectedInterestSnaphots {
|
|
for _, coinDenom := range tc.args.coinDenoms {
|
|
// ---------------------------- Calculate expected supply interest ----------------------------
|
|
// 1. Get cash, borrows, reserves, and borrow index
|
|
cashPrior := suite.getModuleAccountAtCtx(types.ModuleName, prevCtx).GetCoins().AmountOf(coinDenom)
|
|
|
|
var borrowCoinPriorAmount sdk.Int
|
|
borrowCoinsPrior, borrowCoinsPriorFound := suite.keeper.GetBorrowedCoins(prevCtx)
|
|
suite.Require().True(borrowCoinsPriorFound)
|
|
borrowCoinPriorAmount = borrowCoinsPrior.AmountOf(coinDenom)
|
|
|
|
var supplyCoinPriorAmount sdk.Int
|
|
supplyCoinsPrior, supplyCoinsPriorFound := suite.keeper.GetSuppliedCoins(prevCtx)
|
|
suite.Require().True(supplyCoinsPriorFound)
|
|
supplyCoinPriorAmount = supplyCoinsPrior.AmountOf(coinDenom)
|
|
|
|
reservesPrior, foundReservesPrior := suite.keeper.GetTotalReserves(prevCtx)
|
|
if !foundReservesPrior {
|
|
reservesPrior = sdk.NewCoins(sdk.NewCoin(coinDenom, sdk.ZeroInt()))
|
|
}
|
|
|
|
borrowInterestFactorPrior, foundBorrowInterestFactorPrior := suite.keeper.GetBorrowInterestFactor(prevCtx, coinDenom)
|
|
suite.Require().True(foundBorrowInterestFactorPrior)
|
|
|
|
supplyInterestFactorPrior, foundSupplyInterestFactorPrior := suite.keeper.GetSupplyInterestFactor(prevCtx, coinDenom)
|
|
suite.Require().True(foundSupplyInterestFactorPrior)
|
|
|
|
// 2. Calculate expected borrow interest owed
|
|
borrowRateApy, err := hard.CalculateBorrowRate(tc.args.interestRateModel, sdk.NewDecFromInt(cashPrior), sdk.NewDecFromInt(borrowCoinPriorAmount), sdk.NewDecFromInt(reservesPrior.AmountOf(coinDenom)))
|
|
suite.Require().NoError(err)
|
|
|
|
// Convert from APY to SPY, expressed as (1 + borrow rate)
|
|
borrowRateSpy, err := hard.APYToSPY(sdk.OneDec().Add(borrowRateApy))
|
|
suite.Require().NoError(err)
|
|
|
|
newBorrowInterestFactor := hard.CalculateBorrowInterestFactor(borrowRateSpy, sdk.NewInt(snapshot.elapsedTime))
|
|
expectedBorrowInterest := (newBorrowInterestFactor.Mul(sdk.NewDecFromInt(borrowCoinPriorAmount)).TruncateInt()).Sub(borrowCoinPriorAmount)
|
|
expectedReserves := reservesPrior.Add(sdk.NewCoin(coinDenom, sdk.NewDecFromInt(expectedBorrowInterest).Mul(tc.args.reserveFactor).TruncateInt())).Sub(reservesPrior)
|
|
expectedTotalReserves := expectedReserves.Add(reservesPrior...)
|
|
|
|
expectedBorrowInterestFactor := borrowInterestFactorPrior.Mul(newBorrowInterestFactor)
|
|
expectedSupplyInterest := expectedBorrowInterest.Sub(expectedReserves.AmountOf(coinDenom))
|
|
|
|
newSupplyInterestFactor := hard.CalculateSupplyInterestFactor(expectedSupplyInterest.ToDec(), sdk.NewDecFromInt(cashPrior), sdk.NewDecFromInt(borrowCoinPriorAmount), sdk.NewDecFromInt(reservesPrior.AmountOf(coinDenom)))
|
|
expectedSupplyInterestFactor := supplyInterestFactorPrior.Mul(newSupplyInterestFactor)
|
|
// -------------------------------------------------------------------------------------
|
|
|
|
// Set up snapshot chain context and run begin blocker
|
|
runAtTime := time.Unix(prevCtx.BlockTime().Unix()+(snapshot.elapsedTime), 0)
|
|
snapshotCtx := prevCtx.WithBlockTime(runAtTime)
|
|
hard.BeginBlocker(snapshotCtx, suite.keeper)
|
|
|
|
borrowInterestFactor, _ := suite.keeper.GetBorrowInterestFactor(ctx, coinDenom)
|
|
suite.Require().Equal(expectedBorrowInterestFactor, borrowInterestFactor)
|
|
suite.Require().Equal(expectedBorrowInterest, expectedSupplyInterest.Add(expectedReserves.AmountOf(coinDenom)))
|
|
|
|
// Check that the total amount of borrowed coins has increased by expected borrow interest amount
|
|
borrowCoinsPost, _ := suite.keeper.GetBorrowedCoins(snapshotCtx)
|
|
borrowCoinPostAmount := borrowCoinsPost.AmountOf(coinDenom)
|
|
suite.Require().Equal(borrowCoinPostAmount, borrowCoinPriorAmount.Add(expectedBorrowInterest))
|
|
|
|
// Check that the total amount of supplied coins has increased by expected supply interest amount
|
|
supplyCoinsPost, _ := suite.keeper.GetSuppliedCoins(prevCtx)
|
|
supplyCoinPostAmount := supplyCoinsPost.AmountOf(coinDenom)
|
|
suite.Require().Equal(supplyCoinPostAmount, supplyCoinPriorAmount.Add(expectedSupplyInterest))
|
|
|
|
// Check current total reserves
|
|
totalReserves, _ := suite.keeper.GetTotalReserves(snapshotCtx)
|
|
suite.Require().Equal(
|
|
sdk.NewCoin(coinDenom, expectedTotalReserves.AmountOf(coinDenom)),
|
|
sdk.NewCoin(coinDenom, totalReserves.AmountOf(coinDenom)),
|
|
)
|
|
|
|
// Check that the supply index has increased as expected
|
|
currSupplyIndexPrior, _ := suite.keeper.GetSupplyInterestFactor(snapshotCtx, coinDenom)
|
|
suite.Require().Equal(expectedSupplyInterestFactor, currSupplyIndexPrior)
|
|
|
|
// // Check that the borrow index has increased as expected
|
|
currBorrowIndexPrior, _ := suite.keeper.GetBorrowInterestFactor(snapshotCtx, coinDenom)
|
|
suite.Require().Equal(expectedBorrowInterestFactor, currBorrowIndexPrior)
|
|
|
|
// After supplying again user's supplied balance should have owed supply interest applied
|
|
if snapshot.shouldSupply {
|
|
// Calculate percentage of supply interest profits owed to user
|
|
userSupplyBefore, _ := suite.keeper.GetDeposit(snapshotCtx, tc.args.user)
|
|
userSupplyCoinAmount := userSupplyBefore.Amount.AmountOf(coinDenom)
|
|
userPercentOfTotalSupplied := userSupplyCoinAmount.ToDec().Quo(supplyCoinPriorAmount.ToDec())
|
|
userExpectedSupplyInterestCoin := sdk.NewCoin(coinDenom, userPercentOfTotalSupplied.MulInt(expectedSupplyInterest).TruncateInt())
|
|
|
|
// Calculate percentage of borrow interest profits owed to user
|
|
userBorrowBefore, _ := suite.keeper.GetBorrow(snapshotCtx, tc.args.user)
|
|
userBorrowCoinAmount := userBorrowBefore.Amount.AmountOf(coinDenom)
|
|
userPercentOfTotalBorrowed := userBorrowCoinAmount.ToDec().Quo(borrowCoinPriorAmount.ToDec())
|
|
userExpectedBorrowInterestCoin := sdk.NewCoin(coinDenom, userPercentOfTotalBorrowed.MulInt(expectedBorrowInterest).TruncateInt())
|
|
expectedBorrowCoinsAfter := userBorrowBefore.Amount.Add(userExpectedBorrowInterestCoin)
|
|
|
|
// Supplying syncs user's owed supply and borrow interest
|
|
err = suite.keeper.Deposit(snapshotCtx, tc.args.user, sdk.NewCoins(snapshot.supplyCoin))
|
|
suite.Require().NoError(err)
|
|
|
|
// Fetch user's new borrow and supply balance post-interaction
|
|
userSupplyAfter, _ := suite.keeper.GetDeposit(snapshotCtx, tc.args.user)
|
|
userBorrowAfter, _ := suite.keeper.GetBorrow(snapshotCtx, tc.args.user)
|
|
|
|
// Confirm that user's supply index for the denom has increased as expected
|
|
var userSupplyAfterIndexFactor sdk.Dec
|
|
for _, indexFactor := range userSupplyAfter.Index {
|
|
if indexFactor.Denom == coinDenom {
|
|
userSupplyAfterIndexFactor = indexFactor.Value
|
|
}
|
|
}
|
|
suite.Require().Equal(userSupplyAfterIndexFactor, currSupplyIndexPrior)
|
|
|
|
// Check user's supplied amount increased by supply interest owed + the newly supplied coins
|
|
expectedSupplyCoinsAfter := userSupplyBefore.Amount.Add(snapshot.supplyCoin).Add(userExpectedSupplyInterestCoin)
|
|
suite.Require().Equal(expectedSupplyCoinsAfter, userSupplyAfter.Amount)
|
|
|
|
// Confirm that user's borrow index for the denom has increased as expected
|
|
var userBorrowAfterIndexFactor sdk.Dec
|
|
for _, indexFactor := range userBorrowAfter.Index {
|
|
if indexFactor.Denom == coinDenom {
|
|
userBorrowAfterIndexFactor = indexFactor.Value
|
|
}
|
|
}
|
|
suite.Require().Equal(userBorrowAfterIndexFactor, currBorrowIndexPrior)
|
|
|
|
// Check user's borrowed amount increased by borrow interest owed
|
|
suite.Require().Equal(expectedBorrowCoinsAfter, userBorrowAfter.Amount)
|
|
}
|
|
prevCtx = snapshotCtx
|
|
}
|
|
}
|
|
})
|
|
}
|
|
}
|
|
|
|
func TestInterestTestSuite(t *testing.T) {
|
|
suite.Run(t, new(InterestTestSuite))
|
|
}
|