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2023-08-02 Spell (#359)
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@amusingaxl
amusingaxl authored Aug 4, 2023
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2 changes: 1 addition & 1 deletion Makefile
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all :; DAPP_LIBRARIES=' lib/dss-exec-lib/src/DssExecLib.sol:DssExecLib:$(shell cat DssExecLib.address)' \
DAPP_BUILD_OPTIMIZE=1 DAPP_BUILD_OPTIMIZE_RUNS=200 \
DAPP_BUILD_OPTIMIZE=0 DAPP_BUILD_OPTIMIZE_RUNS=200 \
dapp --use solc:0.8.16 build
clean :; forge clean
# Usage example: make test match=SpellIsCast
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181 changes: 181 additions & 0 deletions archive/2023-08-02-DssSpell/DssSpell.sol
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// SPDX-FileCopyrightText: © 2020 Dai Foundation <www.daifoundation.org>
// SPDX-License-Identifier: AGPL-3.0-or-later
//
// This program is free software: you can redistribute it and/or modify
// it under the terms of the GNU Affero General Public License as published by
// the Free Software Foundation, either version 3 of the License, or
// (at your option) any later version.
//
// This program is distributed in the hope that it will be useful,
// but WITHOUT ANY WARRANTY; without even the implied warranty of
// MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
// GNU Affero General Public License for more details.
//
// You should have received a copy of the GNU Affero General Public License
// along with this program. If not, see <https://www.gnu.org/licenses/>.

pragma solidity 0.8.16;

import "dss-exec-lib/DssExec.sol";
import "dss-exec-lib/DssAction.sol";
import { MCD, DssInstance } from "dss-test/MCD.sol";

interface RwaLiquidationOracleLike {
function ilks(bytes32 ilk) external view returns (string memory doc, address pip, uint48 tau, uint48 toc);
function init(bytes32 ilk, uint256 val, string memory doc, uint48 tau) external;
function tell(bytes32 ilk) external;
}

interface ProxyLike {
function exec(address target, bytes calldata args) external payable returns (bytes memory out);
}

interface GemLike {
function transfer(address dst, uint256 wad) external returns (bool);
}

contract DssSpellAction is DssAction {
// Provides a descriptive tag for bot consumption
// This should be modified weekly to provide a summary of the actions
// Hash: cast keccak -- "$(wget 'https://raw.githubusercontent.com/makerdao/community/ac220424c65680b0e766061e9a2ad330248a67d6/governance/votes/Executive%20Vote%20-%20August%202%2C%202023.md' -q -O - 2>/dev/null)"
string public constant override description =
"2023-08-02 MakerDAO Executive Spell | Hash: 0x4ec34da59c536fe3648034aea9d4209f4a5431efed2921eb2c8ba393089e0280";

// Set office hours according to the summary
function officeHours() public pure override returns (bool) {
return false;
}

// ----- JAT1 DAO Resolution -----
// Forum: https://forum.makerdao.com/t/clydesdale-quarterly-return-of-surplus-fund/21291
// Poll: N/A
// Approve DAO Resolution hash QmaGTVioBsCPfNoz9rbW7LU6YuzfgqHDZd92Hny5ACfL3p

// Comma-separated list of DAO resolutions IPFS hashes.
string public constant dao_resolutions = "QmaGTVioBsCPfNoz9rbW7LU6YuzfgqHDZd92Hny5ACfL3p";

address internal immutable MIP21_LIQUIDATION_ORACLE = DssExecLib.getChangelogAddress("MIP21_LIQUIDATION_ORACLE");
GemLike internal immutable MKR = GemLike(DssExecLib.mkr());

// AVCs
address internal constant IAMMEEOH = 0x47f7A5d8D27f259582097E1eE59a07a816982AE9;
address internal constant ACREDAOS = 0xBF9226345F601150F64Ea4fEaAE7E40530763cbd;
address internal constant SPACEXPONENTIAL = 0xFF8eEB643C5bfDf6A925f2a5F9aDC9198AF07b78;
address internal constant RES = 0x8c5c8d76372954922400e4654AF7694e158AB784;
address internal constant LDF = 0xC322E8Ec33e9b0a34c7cD185C616087D9842ad50;
address internal constant OPENSKY = 0x8e67eE3BbEb1743dc63093Af493f67C3c23C6f04;
address internal constant DAVIDPHELPS = 0xd56e3E325133EFEd6B1687C88571b8a91e517ab0;
address internal constant SEEDLATAMETH = 0x0087a081a9B430fd8f688c6ac5dD24421BfB060D;
address internal constant STABLELAB_2 = 0xbDE65cf2352ed1Dde959f290E973d0fC5cEDFD08;
address internal constant FLIPSIDEGOV = 0x300901243d6CB2E74c10f8aB4cc89a39cC222a29;

// Scopes
address internal constant LAUNCH_PROJECT_FUNDING = 0x3C5142F28567E6a0F172fd0BaaF1f2847f49D02F;

// Spark
address internal constant SUBPROXY_SPARK = 0x3300f198988e4C9C63F75dF86De36421f06af8c4;
address internal constant SPARK_SPELL = 0x443f3f4328553f5f85dFc0BA3D59969708201E14;

// Many of the settings that change weekly rely on the rate accumulator
// described at https://docs.makerdao.com/smart-contract-modules/rates-module
// To check this yourself, use the following rate calculation (example 8%):
//
// $ bc -l <<< 'scale=27; e( l(1.08)/(60 * 60 * 24 * 365) )'
//
// A table of rates can be found at
// https://ipfs.io/ipfs/QmVp4mhhbwWGTfbh2BzwQB9eiBrQBKiqcPRZCaAxNUaar6
//
// uint256 internal constant X_PCT_RATE = ;
uint256 internal constant EIGHT_PCT_RATE = 1000000002440418608258400030;

// --- MATH ---
uint256 internal constant MILLION = 10 ** 6;

function _updateDoc(bytes32 ilk, string memory doc) internal {
( , address pip, uint48 tau, ) = RwaLiquidationOracleLike(MIP21_LIQUIDATION_ORACLE).ilks(ilk);
require(pip != address(0), "DssSpell/unexisting-rwa-ilk");

// Init the RwaLiquidationOracle to reset the doc
RwaLiquidationOracleLike(MIP21_LIQUIDATION_ORACLE).init(
ilk, // ilk to update
0, // price ignored if init() has already been called
doc, // new legal document
tau // old tau value
);
}

function actions() public override {
// ----- Enhanced DSR Activation -----
// Poll: https://vote.makerdao.com/polling/QmcTRPLx
// Forum: https://forum.makerdao.com/t/request-for-gov12-1-2-edit-to-the-stability-scope-to-quickly-implement-enhanced-dsr/21405

// Increase the DSR by 4.81% from 3.19% to 8%
DssExecLib.setDSR(EIGHT_PCT_RATE, /* doDrip = */ true);

// ----- Spark D3M DC Increase -----
// Poll: https://vote.makerdao.com/polling/QmSLj3HS
// Forum: https://forum.makerdao.com/t/phoenix-labs-proposed-changes-for-spark/21422

// Increase the DIRECT-SPARK-DAI Maximum Debt Ceiling by 180 million DAI from 20 million DAI to 200 million DAI
// Keep gap and ttl at current settings (20 million and 8 hours respectively)
DssExecLib.setIlkAutoLineDebtCeiling("DIRECT-SPARK-DAI", 200 * MILLION);

// ----- HTC-DROP (RWA004-A) Changes -----
// Poll: https://vote.makerdao.com/polling/QmR8cYb1
// Forum: https://forum.makerdao.com/t/request-to-poll-decrease-debt-ceiling-for-harbor-trade-credit-htc-drop-to-0/21373

// Set DC to 0
// Note: it was agreed with GovAlpha that there will be no global DC reduction this time.
DssExecLib.setIlkDebtCeiling("RWA004-A", 0);
// Call tell() on RWALiquidationOracle
RwaLiquidationOracleLike(MIP21_LIQUIDATION_ORACLE).tell("RWA004-A");

// ----- New Silver (RWA002-A) Doc Update -----
// Poll: https://vote.makerdao.com/polling/QmaU1eaD
// Forum: https://forum.makerdao.com/t/rwa-002-new-silver-restructuring-risk-and-legal-assessment/21417

// Update doc to QmTrrwZpnSZ41rbrpx267R7vfDFktseQe2W5NJ5xB7kkn1
_updateDoc("RWA002-A", "QmTrrwZpnSZ41rbrpx267R7vfDFktseQe2W5NJ5xB7kkn1");

// ----- AVC Member Compensation -----
// Forum: https://forum.makerdao.com/t/avc-member-participation-rewards-q2-2023/21459

// IamMeeoh - 14.90 MKR - 0x47f7A5d8D27f259582097E1eE59a07a816982AE9
MKR.transfer(IAMMEEOH, 14.90 ether); // note: ether is a keyword helper, only MKR is transferred here
// ACRE DAOs - 14.90 MKR - 0xBF9226345F601150F64Ea4fEaAE7E40530763cbd
MKR.transfer(ACREDAOS, 14.90 ether); // note: ether is a keyword helper, only MKR is transferred here
// Space Xponential - 11.92 MKR - 0xFF8eEB643C5bfDf6A925f2a5F9aDC9198AF07b78
MKR.transfer(SPACEXPONENTIAL, 11.92 ether); // note: ether is a keyword helper, only MKR is transferred here
// Res - 14.90 MKR - 0x8c5c8d76372954922400e4654AF7694e158AB784
MKR.transfer(RES, 14.90 ether); // note: ether is a keyword helper, only MKR is transferred here
// LDF - 11.92 MKR - 0xC322E8Ec33e9b0a34c7cD185C616087D9842ad50
MKR.transfer(LDF, 11.92 ether); // note: ether is a keyword helper, only MKR is transferred here
// opensky - 14.90 MKR - 0x8e67ee3bbeb1743dc63093af493f67c3c23c6f04
MKR.transfer(OPENSKY, 14.90 ether); // note: ether is a keyword helper, only MKR is transferred here
// David Phelps - 8.94 MKR - 0xd56e3E325133EFEd6B1687C88571b8a91e517ab0
MKR.transfer(DAVIDPHELPS, 8.94 ether); // note: ether is a keyword helper, only MKR is transferred here
// seedlatam.eth - 11.92 MKR - 0x0087a081a9b430fd8f688c6ac5dd24421bfb060d
MKR.transfer(SEEDLATAMETH, 11.92 ether); // note: ether is a keyword helper, only MKR is transferred here
// StableLab - 14.9 MKR - 0xbDE65cf2352ed1Dde959f290E973d0fC5cEDFD08
MKR.transfer(STABLELAB_2, 14.90 ether); // note: ether is a keyword helper, only MKR is transferred here
// flipsidegov - 14.9 MKR - 0x300901243d6CB2E74c10f8aB4cc89a39cC222a29
MKR.transfer(FLIPSIDEGOV, 14.90 ether); // note: ether is a keyword helper, only MKR is transferred here

// ----- Launch Project Funding -----
// Forum: https://forum.makerdao.com/t/utilization-of-the-launch-project-under-the-accessibility-scope/21468

// Launch Project - 2,000,000 DAI - 0x3C5142F28567E6a0F172fd0BaaF1f2847f49D02F
DssExecLib.sendPaymentFromSurplusBuffer(LAUNCH_PROJECT_FUNDING, 2 * MILLION);

// ----- Trigger Spark Proxy Spell -----
// Poll: https://vote.makerdao.com/polling/QmZyFH21
// Forum: https://forum.makerdao.com/t/phoenix-labs-proposed-changes-for-spark/21422

// Trigger Spark Proxy Spell at 0x443f3f4328553f5f85dFc0BA3D59969708201E14
ProxyLike(SUBPROXY_SPARK).exec(SPARK_SPELL, abi.encodeWithSignature("execute()"));
}
}

contract DssSpell is DssExec {
constructor() DssExec(block.timestamp + 30 days, address(new DssSpellAction())) {}
}
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