// SPDX-License-Identifier: agpl-3.0 pragma solidity 0.6.12; import {SafeMath} from '../../dependencies/openzeppelin/contracts/SafeMath.sol'; import {WadRayMath} from '../../protocol/libraries/math/WadRayMath.sol'; import {PercentageMath} from '../../protocol/libraries/math/PercentageMath.sol'; import {ILendingPoolAddressesProvider} from '../../interfaces/ILendingPoolAddressesProvider.sol'; import {ILendingRateOracle} from '../../interfaces/ILendingRateOracle.sol'; import {IERC20} from '../../dependencies/openzeppelin/contracts/IERC20.sol'; import {ISushiRewardsAwareAToken} from '../interfaces/sushi/ISushiRewardsAwareAToken.sol'; import {IMasterChef} from '../../adapters/interfaces/sushi/IMasterChef.sol'; import { DefaultReserveInterestRateStrategy } from '../../protocol/lendingpool/DefaultReserveInterestRateStrategy.sol'; /** * @title DefaultReserveInterestRateStrategy contract * @notice Implements the calculation of the interest rates depending on the reserve state * @dev The model of interest rate is based on 2 slopes, one before the `OPTIMAL_UTILIZATION_RATE` * point of utilization and another from that one to 100% * - An instance of this same contract, can't be used across different Aave markets, due to the caching * of the LendingPoolAddressesProvider * @author Aave **/ contract SushiAmmReserveInterestRateStrategy is DefaultReserveInterestRateStrategy { using WadRayMath for uint256; using SafeMath for uint256; using PercentageMath for uint256; constructor( ILendingPoolAddressesProvider provider, uint256 optimalUtilizationRate, uint256 baseVariableBorrowRate, uint256 variableRateSlope1, uint256 variableRateSlope2, uint256 stableRateSlope1, uint256 stableRateSlope2 ) public DefaultReserveInterestRateStrategy( provider, optimalUtilizationRate, baseVariableBorrowRate, variableRateSlope1, variableRateSlope2, stableRateSlope1, stableRateSlope2 ) {} /** * @dev Calculates the interest rates depending on the reserve's state and configurations * @param reserve The address of the reserve * @param liquidityAdded The liquidity added during the operation * @param liquidityTaken The liquidity taken during the operation * @param totalStableDebt The total borrowed from the reserve a stable rate * @param totalVariableDebt The total borrowed from the reserve at a variable rate * @param averageStableBorrowRate The weighted average of all the stable rate loans * @param reserveFactor The reserve portion of the interest that goes to the treasury of the market * @return The liquidity rate, the stable borrow rate and the variable borrow rate **/ function calculateInterestRates( address reserve, address aToken, uint256 liquidityAdded, uint256 liquidityTaken, uint256 totalStableDebt, uint256 totalVariableDebt, uint256 averageStableBorrowRate, uint256 reserveFactor ) external view override returns ( uint256, uint256, uint256 ) { uint256 poolId = ISushiRewardsAwareAToken(aToken).getMasterChefPoolId(); (uint256 stakedBalance, ) = IMasterChef(ISushiRewardsAwareAToken(aToken).getMasterChef()).userInfo(poolId, aToken); //avoid stack too deep uint256 availableLiquidity = stakedBalance.add(liquidityAdded).sub(liquidityTaken); return calculateInterestRates( reserve, availableLiquidity, totalStableDebt, totalVariableDebt, averageStableBorrowRate, reserveFactor ); } /** * @dev Calculates the interest rates depending on the reserve's state and configurations. * NOTE This function is kept for compatibility with the previous DefaultInterestRateStrategy interface. * New protocol implementation uses the new calculateInterestRates() interface * @param reserve The address of the reserve * @param availableLiquidity The liquidity available in the corresponding aToken * @param totalStableDebt The total borrowed from the reserve a stable rate * @param totalVariableDebt The total borrowed from the reserve at a variable rate * @param averageStableBorrowRate The weighted average of all the stable rate loans * @param reserveFactor The reserve portion of the interest that goes to the treasury of the market * @return The liquidity rate, the stable borrow rate and the variable borrow rate **/ function calculateInterestRates( address reserve, uint256 availableLiquidity, uint256 totalStableDebt, uint256 totalVariableDebt, uint256 averageStableBorrowRate, uint256 reserveFactor ) public view virtual override returns ( uint256, uint256, uint256 ) { CalcInterestRatesLocalVars memory vars; vars.totalDebt = totalStableDebt.add(totalVariableDebt); vars.currentVariableBorrowRate = 0; vars.currentStableBorrowRate = 0; vars.currentLiquidityRate = 0; vars.utilizationRate = vars.totalDebt == 0 ? 0 : vars.totalDebt.rayDiv(availableLiquidity.add(vars.totalDebt)); vars.currentStableBorrowRate = ILendingRateOracle(addressesProvider.getLendingRateOracle()) .getMarketBorrowRate(reserve); if (vars.utilizationRate > OPTIMAL_UTILIZATION_RATE) { uint256 excessUtilizationRateRatio = vars.utilizationRate.sub(OPTIMAL_UTILIZATION_RATE).rayDiv(EXCESS_UTILIZATION_RATE); vars.currentStableBorrowRate = vars.currentStableBorrowRate.add(_stableRateSlope1).add( _stableRateSlope2.rayMul(excessUtilizationRateRatio) ); vars.currentVariableBorrowRate = _baseVariableBorrowRate.add(_variableRateSlope1).add( _variableRateSlope2.rayMul(excessUtilizationRateRatio) ); } else { vars.currentStableBorrowRate = vars.currentStableBorrowRate.add( _stableRateSlope1.rayMul(vars.utilizationRate.rayDiv(OPTIMAL_UTILIZATION_RATE)) ); vars.currentVariableBorrowRate = _baseVariableBorrowRate.add( vars.utilizationRate.rayMul(_variableRateSlope1).rayDiv(OPTIMAL_UTILIZATION_RATE) ); } vars.currentLiquidityRate = _getOverallBorrowRate( totalStableDebt, totalVariableDebt, vars .currentVariableBorrowRate, averageStableBorrowRate ) .rayMul(vars.utilizationRate) .percentMul(PercentageMath.PERCENTAGE_FACTOR.sub(reserveFactor)); return ( vars.currentLiquidityRate, vars.currentStableBorrowRate, vars.currentVariableBorrowRate ); } }