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An efficient money market protocol for Ethereum and compatible chains (aka Compound III, Compound v3).

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Compound Comet

Getting started

  1. Clone the repo
  2. Run yarn install

Env variables

The following env variables are used in the repo. One way to set up these env variables is to create a .env in the root directory of this repo.

Required env variables:

ETHERSCAN_KEY=<key>
INFURA_KEY=<key>

Optional env variables:

SNOWTRACE_KEY=<key>
COINMARKETCAP_API_KEY=<key>
REPORT_GAS=true
ETH_PK=<eth-key>             # takes precedence over MNEMONIC
MNEMONIC=<mnemonic>

Git hooks

The repo's Git hooks are defined the .githooks/ directory.

You can enable them by running:

# requires git version 2.9 or greater
git config core.hooksPath .githooks

You can skip pre-commit checks with the -n flag:

git commit -n -m "commit without running pre-commit hook"

Multi-chain support

Currently, Avalanche mainnet and testnet (fuji) are supported. This means that deployment scripts, scenarios, and spider all work for Avalanche.

To use this project with other chains, the block explorer API key for your target chain must be set in .env (e.g. SNOWTRACE_KEY for Avalanche).

An example deployment command looks like:

yarn deploy --network fuji

Vendor contracts

Third-party contracts (e.g. OZ proxies) live under contracts/vendor.

There are currently two Comet-related contracts that extend directly from the vendor contracts. The contracts are:

  1. TransparentUpgradeableConfiguratorProxy: This contract extends OZ's TransparentUpgradeableProxy. We override the _beforeFallback function so that the proxy's admin can directly call the implementation. We only need this feature for the Configurator's proxy.
  2. CometProxyAdmin: This contract extends OZ's ProxyAdmin. We created a new function called deployAndUpgradeTo, which calls Configurator.deploy() and upgrades Comet proxy's implementation to this newly deployed Comet contract. This function is needed so we can pass the address of the new Comet to the Proxy.upgrade() call in one transaction.

Usage

Look at the scripts section inside package.json to find all commands.

Build contracts

Compiles contracts.

yarn build

Lint contracts

Contract linting is done via Solhint.

yarn lint-contracts
yarn lint-contracts:fix // will attempt to automatically fix errors

Solhint configuration is saved in .solhint.json.

Run tests

Runs all tests in the test directory.

yarn test

Run tests with coverage tool

Runs all tests while also evaluating code coverage.

yarn test:coverage

The coverage report will be saved in the coverage directory.

Run tests with gas profiler

Set up the following env variables:

  • REPORT_GAS=true
  • COINMARKETCAP_API_KEY=your_coinmarket_api_key optional, only if you want to see cost in USD

Deploy contracts

Deploys contracts to a specified chain using a deployment script.

yarn deploy --network mainnet

Run spider task

The spider script programmatically fetches all protocol-related contracts from mainnet. This is just a prototype and it currently pulls relevant contracts for V2.

Note: Make sure $ETHERSCAN_KEY is set as an env variable.

npx hardhat spider --network mainnet

Delete artifacts

You can delete all spider artifacts using the --clean flag:

npx hardhat spider --clean

Spider configs

The spider script uses configuration from two files to start its crawl:

  • roots.json
  • relations.json

Both these contracts are committed to the repo under deployments/<chain>/<file>.json. The roots.json config contains the address of the root contract for spider to start crawling from. The relations.json config defines all the different relationships and rules that spider will follow when crawling. The following section will go over in detail the set of rules defined in relations.json.

Defining relations

Currently, these are the 3 types of rules in relations.json that can be defined for a contract:

  1. Alias - A rule to derive the key that is assigned to this contract in pointers.json. If this rule is not provided, the contract name will be used as the alias instead. This rule has two special characters: @ and +. @ followed by a function name is used to read a value from that contract's function. + is used as a delimiter. Example: @symbol+Delegator will equate to cDaiDelegator for cDai's delegator contract.
  2. Relations - The names of the contract's functions to call to fetch dependent contracts.
  3. Implementation - The name of the contract's function to call to grab its implementation address. This should only be defined for proxy contracts.

Scenarios

Scenarios are high-level property and ad-hoc tests for the Comet protocol. To run and check scenarios:

npx hardhat scenario

For more information, see SCENARIO.md.

Deploying to testnets

Kovan

  1. run 1644388553_deploy_kovan migration, prepare step
  2. update deployments/kovan/roots.json with the new roots from step 1
  3. run 1649108513_upgrade_timelock_and_set_up_governor migration, prepare step
  4. run 1649108513_upgrade_timelock_and_set_up_governor migration, enact step
  5. find the proposal ID step 4; manually execute the proposal via the newly-deployed Governor
  6. run 1651257129_bulker_and_rewards migration, prepare step
  7. update deployments/kovan/roots.json with the rewards and bulker roots from step 6
  8. run 1653357106_mint_to_fauceteer migration, prepare step
  9. run 1653512186_seed_rewards_with_comp, enact step

Fuji

  1. run 1644432723_deploy_fuji, prepare step
  2. update deployments/fuji/roots.json with new roots from step 1
  3. run 1649117302_upgrade_timelock_and_set_up_governor, prepare step
  4. run 1649117302_upgrade_timelock_and_set_up_governor, enact step
  5. find the proposal ID step 4; manually execute the proposal via the newly-deployed Governor
  6. run 1651257139_rewards, prepare step
  7. update deployments/fuji/roots.json with new rewards root from step 6
  8. run 1653431603_mint_to_fauceteer, prepare step

Update Webb3 to use new roots

  1. in the Webb3 repo, run rm -rf deployments to clear out the previous deploy artifacts
  2. in scripts/crawl.sh, update the DEPLOYMENTS variable to point to the artifact with your latest deployed roots (will be the artifact generated by the Run Spider Action)
  3. npm run build

Other considerations

  • make sure that the deploying address has at least 2 units of the chain's native asset (i.e. 2 ETH for Kovan, 2 AVAX for Fuji)

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An efficient money market protocol for Ethereum and compatible chains (aka Compound III, Compound v3).

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