0g-chain/x/cdp/keeper/fees.go
Kevin Davis daa1b2bb83
Add collateral type to cdp (#629)
* add collateral type field to cdp and collateral  param

* fix upstream tests

* fix simulations

* fix validation logic

* update incentive to use collateral type instead of denom

* use collateral type instead of denom in cdp

* remove unused code

* address review comments
2020-08-21 15:42:46 -04:00

138 lines
5.9 KiB
Go

package keeper
import (
"fmt"
"github.com/cosmos/cosmos-sdk/store/prefix"
sdk "github.com/cosmos/cosmos-sdk/types"
"github.com/kava-labs/kava/x/cdp/types"
)
// CalculateFees returns the fees accumulated since fees were last calculated based on
// the input amount of outstanding debt (principal) and the number of periods (seconds) that have passed
func (k Keeper) CalculateFees(ctx sdk.Context, principal sdk.Coin, periods sdk.Int, collateralType string) sdk.Coin {
// how fees are calculated:
// feesAccumulated = (outstandingDebt * (feeRate^periods)) - outstandingDebt
// Note that since we can't do x^y using sdk.Decimal, we are converting to int and using RelativePow
feePerSecond := k.getFeeRate(ctx, collateralType)
scalar := sdk.NewInt(1000000000000000000)
feeRateInt := feePerSecond.Mul(sdk.NewDecFromInt(scalar)).TruncateInt()
accumulator := sdk.NewDecFromInt(types.RelativePow(feeRateInt, periods, scalar)).Mul(sdk.SmallestDec())
feesAccumulated := (sdk.NewDecFromInt(principal.Amount).Mul(accumulator)).Sub(sdk.NewDecFromInt(principal.Amount))
newFees := sdk.NewCoin(principal.Denom, feesAccumulated.TruncateInt())
return newFees
}
// UpdateFeesForAllCdps updates the fees for each of the CDPs
func (k Keeper) UpdateFeesForAllCdps(ctx sdk.Context, collateralType string) error {
var iterationErr error
k.IterateCdpsByCollateralType(ctx, collateralType, func(cdp types.CDP) bool {
oldCollateralToDebtRatio := k.CalculateCollateralToDebtRatio(ctx, cdp.Collateral, cdp.Type, cdp.GetTotalPrincipal())
// periods = bblock timestamp - fees updated
periods := sdk.NewInt(ctx.BlockTime().Unix()).Sub(sdk.NewInt(cdp.FeesUpdated.Unix()))
newFees := k.CalculateFees(ctx, cdp.Principal, periods, collateralType)
// exit without updating fees if amount has rounded down to zero
// cdp will get updated next block when newFees, newFeesSavings, newFeesSurplus >0
if newFees.IsZero() {
return false
}
dp, found := k.GetDebtParam(ctx, cdp.Principal.Denom)
if !found {
return false
}
savingsRate := dp.SavingsRate
newFeesSavings := sdk.NewDecFromInt(newFees.Amount).Mul(savingsRate).RoundInt()
newFeesSurplus := newFees.Amount.Sub(newFeesSavings)
// similar to checking for rounding to zero of all fees, but in this case we
// need to handle cases where we expect surplus or savings fees to be zero, namely
// if newFeesSavings = 0, check if savings rate is not zero
// if newFeesSurplus = 0, check if savings rate is not one
if (newFeesSavings.IsZero() && !savingsRate.IsZero()) || (newFeesSurplus.IsZero() && !savingsRate.Equal(sdk.OneDec())) {
return false
}
// mint debt coins to the cdp account
err := k.MintDebtCoins(ctx, types.ModuleName, k.GetDebtDenom(ctx), newFees)
if err != nil {
iterationErr = err
return true
}
previousDebt := k.GetTotalPrincipal(ctx, cdp.Type, dp.Denom)
newDebt := previousDebt.Add(newFees.Amount)
k.SetTotalPrincipal(ctx, cdp.Type, dp.Denom, newDebt)
// mint surplus coins divided between the liquidator and savings module accounts.
err = k.supplyKeeper.MintCoins(ctx, types.LiquidatorMacc, sdk.NewCoins(sdk.NewCoin(dp.Denom, newFeesSurplus)))
if err != nil {
iterationErr = err
return true
}
err = k.supplyKeeper.MintCoins(ctx, types.SavingsRateMacc, sdk.NewCoins(sdk.NewCoin(dp.Denom, newFeesSavings)))
if err != nil {
iterationErr = err
return true
}
// now add the new fees to the accumulated fees for the cdp
cdp.AccumulatedFees = cdp.AccumulatedFees.Add(newFees)
// and set the fees updated time to the current block time since we just updated it
cdp.FeesUpdated = ctx.BlockTime()
collateralToDebtRatio := k.CalculateCollateralToDebtRatio(ctx, cdp.Collateral, cdp.Type, cdp.GetTotalPrincipal())
k.RemoveCdpCollateralRatioIndex(ctx, cdp.Type, cdp.ID, oldCollateralToDebtRatio)
err = k.SetCdpAndCollateralRatioIndex(ctx, cdp, collateralToDebtRatio)
if err != nil {
iterationErr = err
return true
}
return false // this returns true when you want to stop iterating. Since we want to iterate through all we return false
})
return iterationErr
}
// IncrementTotalPrincipal increments the total amount of debt that has been drawn with that collateral type
func (k Keeper) IncrementTotalPrincipal(ctx sdk.Context, collateralType string, principal sdk.Coin) {
total := k.GetTotalPrincipal(ctx, collateralType, principal.Denom)
total = total.Add(principal.Amount)
k.SetTotalPrincipal(ctx, collateralType, principal.Denom, total)
}
// DecrementTotalPrincipal decrements the total amount of debt that has been drawn for a particular collateral type
func (k Keeper) DecrementTotalPrincipal(ctx sdk.Context, collateralType string, principal sdk.Coin) {
total := k.GetTotalPrincipal(ctx, collateralType, principal.Denom)
// NOTE: negative total principal can happen in tests due to rounding errors
// in fee calculation
total = sdk.MaxInt(total.Sub(principal.Amount), sdk.ZeroInt())
k.SetTotalPrincipal(ctx, collateralType, principal.Denom, total)
}
// GetTotalPrincipal returns the total amount of principal that has been drawn for a particular collateral
func (k Keeper) GetTotalPrincipal(ctx sdk.Context, collateralType, principalDenom string) (total sdk.Int) {
store := prefix.NewStore(ctx.KVStore(k.key), types.PrincipalKeyPrefix)
bz := store.Get([]byte(collateralType + principalDenom))
if bz == nil {
k.SetTotalPrincipal(ctx, collateralType, principalDenom, sdk.ZeroInt())
return sdk.ZeroInt()
}
k.cdc.MustUnmarshalBinaryLengthPrefixed(bz, &total)
return total
}
// SetTotalPrincipal sets the total amount of principal that has been drawn for the input collateral
func (k Keeper) SetTotalPrincipal(ctx sdk.Context, collateralType, principalDenom string, total sdk.Int) {
store := prefix.NewStore(ctx.KVStore(k.key), types.PrincipalKeyPrefix)
_, found := k.GetCollateralTypePrefix(ctx, collateralType)
if !found {
panic(fmt.Sprintf("collateral not found: %s", collateralType))
}
store.Set([]byte(collateralType+principalDenom), k.cdc.MustMarshalBinaryLengthPrefixed(total))
}