FundingRateApplier

fees() modifier

paysRegularFees() modifier

nonReentrant() modifier

Prevents a contract from calling itself, directly or indirectly. Calling a nonReentrant function from another nonReentrant function is not supported. It is possible to prevent this from happening by making the nonReentrant function external, and make it call a private function that does the actual work.

nonReentrantView() modifier

Designed to prevent a view-only method from being re-entered during a call to a nonReentrant() state-changing method.

onlyIfTest() modifier

Reverts if not running in test mode.

notEmergencyShutdown() modifier

isEmergencyShutdown() modifier

constructor(bytes32 _fundingRateIdentifier, address _collateralAddress, address _finderAddress, address _configStoreAddress, struct FixedPoint.Unsigned _tokenScaling, address _timerAddress) public

Constructs the FundingRateApplier contract. Called by child contracts.

Parameters:

  • _fundingRateIdentifier: identifier that tracks the funding rate of this contract.

  • _collateralAddress: address of the collateral token.

  • _finderAddress: Finder used to discover financial-product-related contracts.

  • _configStoreAddress: address of the remote configuration store managed by an external owner.

  • _tokenScaling: initial scaling to apply to the token value (i.e. scales the tracking index).

  • _timerAddress: address of the timer contract in test envs, otherwise 0x0.

applyFundingRate() public

This method takes 3 distinct actions: 1. Pays out regular fees. 2. If possible, resolves the outstanding funding rate proposal, pulling the result in and paying out the rewards. 3. Applies the prevailing funding rate over the most recent period.

proposeFundingRate(struct FixedPoint.Signed rate, uint256 timestamp) → struct FixedPoint.Unsigned totalBond external

Proposes a new funding rate. Proposer receives a reward if correct.

Parameters:

  • rate: funding rate being proposed.

  • timestamp: time at which the funding rate was computed.

_getFundingRateAppliedTokenDebt(struct FixedPoint.Unsigned rawTokenDebt) → struct FixedPoint.Unsigned tokenDebt internal

_getOptimisticOracle() → contract OptimisticOracleInterface internal

_getConfig() → struct ConfigStoreInterface.ConfigSettings internal

_updateFundingRate() internal

_validateFundingRate(struct FixedPoint.Signed rate) internal

_applyEffectiveFundingRate() internal

_calculateEffectiveFundingRate(uint256 paymentPeriodSeconds, struct FixedPoint.Signed fundingRatePerSecond, struct FixedPoint.Unsigned currentCumulativeFundingRateMultiplier) → struct FixedPoint.Unsigned newCumulativeFundingRateMultiplier internal

_getAncillaryData() → bytes internal

_getTokenAddress() → address internal

payRegularFees() → struct FixedPoint.Unsigned public

Pays UMA DVM regular fees (as a % of the collateral pool) to the Store contract.

These must be paid periodically for the life of the contract. If the contract has not paid its regular fee in a week or more then a late penalty is applied which is sent to the caller. If the amount of fees owed are greater than the pfc, then this will pay as much as possible from the available collateral. An event is only fired if the fees charged are greater than 0.

getOutstandingRegularFees(uint256 time) → struct FixedPoint.Unsigned regularFee, struct FixedPoint.Unsigned latePenalty, struct FixedPoint.Unsigned totalPaid public

Fetch any regular fees that the contract has pending but has not yet paid. If the fees to be paid are more than the total collateral within the contract then the totalPaid returned is full contract collateral amount.

This returns 0 and exit early if there is no pfc, fees were already paid during the current block, or the fee rate is 0.

pfc() → struct FixedPoint.Unsigned external

Gets the current profit from corruption for this contract in terms of the collateral currency.

This is equivalent to the collateral pool available from which to pay fees. Therefore, derived contracts are expected to implement this so that pay-fee methods can correctly compute the owed fees as a % of PfC.

gulp() external

Removes excess collateral balance not counted in the PfC by distributing it out pro-rata to all sponsors.

Multiplying the cumulativeFeeMultiplier by the ratio of non-PfC-collateral

PfC-collateral effectively pays all sponsors a pro-rata portion of the excess collateral. This will revert if PfC is 0 and this contract’s collateral balance > 0.

_payFinalFees(address payer, struct FixedPoint.Unsigned amount) internal

_gulp() internal

_pfc() → struct FixedPoint.Unsigned internal

_getStore() → contract StoreInterface internal

_computeFinalFees() → struct FixedPoint.Unsigned finalFees internal

_getFeeAdjustedCollateral(struct FixedPoint.Unsigned rawCollateral) → struct FixedPoint.Unsigned collateral internal

_getPendingRegularFeeAdjustedCollateral(struct FixedPoint.Unsigned rawCollateral) → struct FixedPoint.Unsigned internal

_convertToRawCollateral(struct FixedPoint.Unsigned collateral) → struct FixedPoint.Unsigned rawCollateral internal

_removeCollateral(struct FixedPoint.Unsigned rawCollateral, struct FixedPoint.Unsigned collateralToRemove) → struct FixedPoint.Unsigned removedCollateral internal

_addCollateral(struct FixedPoint.Unsigned rawCollateral, struct FixedPoint.Unsigned collateralToAdd) → struct FixedPoint.Unsigned addedCollateral internal

_adjustCumulativeFeeMultiplier(struct FixedPoint.Unsigned amount, struct FixedPoint.Unsigned currentPfc) internal

_preEntranceCheck() internal

_preEntranceSet() internal

_postEntranceReset() internal

setCurrentTime(uint256 time) external

Sets the current time.

Will revert if not running in test mode.

Parameters:

  • time: timestamp to set current Testable time to.

getCurrentTime() → uint256 public

Gets the current time. Will return the last time set in setCurrentTime if running in test mode. Otherwise, it will return the block timestamp.

emergencyShutdown() external

Initiates the shutdown process, in case of an emergency.

remargin() external

A core contract method called independently or as a part of other financial contract transactions.

It pays fees and moves money between margin accounts to make sure they reflect the NAV of the contract.

_notEmergencyShutdown() internal

_isEmergencyShutdown() internal

FundingRateUpdated(int256 newFundingRate, uint256 updateTime, uint256 reward) event

RegularFeesPaid(uint256 regularFee, uint256 lateFee) event

FinalFeesPaid(uint256 amount) event

© UMA Project 2018-2019