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PegKeeperRegulator

The regulator contract supervises prices and other parameters telling whether the PegKeeper are allowed to provide or withdraw crvUSD.

GitHub

Source code for the PegKeeperRegulator.vy contract is available on GitHub.

Technically speaking, allowance is always granted but if certain checks do not pass, the Regulator will allow an amount of 0, which in return can be seen as not allowing anything to deposit or withdraw.


Providing

The Regulator will only grant allowance to the PegKeeper to provide crvUSD to the pool if the following requirements are met. If any of these conditions are not satisfied, the function will return 0, causing the transaction to ultimately revert:

  • Providing is not paused: This is checked using the is_killed method. If providing is paused, no crvUSD can be added to the pool.
  • Aggregated crvUSD price is higher than 1.0: The crvUSD price, obtained from the aggregator contract, must be above 1.0 (10**18). If the price is equal to or below 1.0, providing crvUSD is not allowed.
  • Price consistency check: The get_p (current AMM state price) and price_oracle (AMM EMA Price Oracle) must be within a specified deviation range (price_deviation). This is to prevent spam attacks by ensuring that the current price is not significantly deviating from the oracle price.
  • Depeg threshold check: To ensure that the price of an asset has not depegged significantly, the current price is compared against a worst_price_threshold. This check ensures that prices across the pools with PegKeepers are within an acceptable range of deviation. If the price deviation is within the threshold, the PegKeeper is allowed to provide crvUSD.

Additionally, the system has implemented limit ratios to ensure a balanced and stable distribution of debt among the PegKeepers. The formula used to calculate the maximum allowed debt ratio, \(\text{maxRatio}\), can be seen below. It dynamically adjusts the allowable debt ratio based on the aggregate debt of all PegKeepers in the system. These ratios can be plotted:

The allowed amount to provide and the max debt ratio to provide is calculated as follows:

\[\text{allowedToProvide} = \frac{\text{maxRatio} \times \text{total}}{10^{18}} - \text{debt}\]
\[\text{maxRatio} = \frac{(\alpha + \beta \times \frac{\text{rsum}}{10^{18}})^2}{10^{18}}\]
\[\text{rsum} = \sum_{i=n_{pk}}^{n} \sqrt{r_i \times 10^{18}}\]

Where:

  • \(\text{total}\) is the sum of the debt and the balance of crvUSD held by the PegKeeper.
  • \(\text{debt}\) is the current amount of crvUSD deposited into the pool by the PegKeeper.
  • \( r_i \) represents the debt ratios of the other PegKeepers.

Example: Amount allowed to provide with all empty PegKeepers

Let's take a look at the scenario when all PegKeepers are empty, therefore \(r = [0, 0, 0, 0]\).

\(\text{rsum} = \sqrt{0 \times 10^{18}} + \sqrt{0 \times 10^{18}} + \sqrt{0 \times 10^{18}} + \sqrt{0 \times 10^{18}} = 0\)

\(\text{maxRatio} = \frac{(0.5 + 0.25 \times \frac{0}{10^{18}})^2}{10^{18}} = 0.25\)

The maxRatio the PegKeeper can provide is 0.25. The actual crvUSD to provide is calculated as follows:1

\(\text{allowedToProvide} = \frac{0.25 \times 25000000}{1} - 0 = 6250000\)


To have full Desmos functionality and a cleaner overview, please view the graph directly on Desmos: https://www.desmos.com/calculator/szhqv2edsd.

provide_allowed

PegKeeperRegulator.provide_allowed(_pk: address=msg.sender) -> uint256

Warning

This function may return a higher amount than the actual crvUSD that can be deposited, as it does not consider the current crvUSD balance of the PegKeeper. The returned value is capped by the maximum crvUSD balance of the PegKeeper in the _provide function of the PegKeeper itself.

Function to check how much crvUSD a PegKeeper is allowed to provide into a liquidity pool. If the PegKeeper is not permitted to provide any, the function will return 0.

Returns: amount of crvUSD allowed to provide (uint256).

Input Type Description
_pk address PegKeeper address; Defaults to msg.sender as the function is usually called by the PegKeeper itself
Source code
struct PegKeeperInfo:
    peg_keeper: PegKeeper
    pool: StableSwap
    is_inverse: bool
    include_index: bool

peg_keepers: public(DynArray[PegKeeperInfo, MAX_LEN])

@external
@view
def provide_allowed(_pk: address=msg.sender) -> uint256:
    """
    @notice Allow PegKeeper to provide stablecoin into the pool
    @dev Can return more amount than available
    @dev Checks
        1) current price in range of oracle in case of spam-attack
        2) current price location among other pools in case of contrary coin depeg
        3) stablecoin price is above 1
    @return Amount of stablecoin allowed to provide
    """
    if self.is_killed in Killed.Provide:
        return 0

    if self.aggregator.price() < ONE:
        return 0

    price: uint256 = max_value(uint256)  # Will fail if PegKeeper is not in self.price_pairs
    largest_price: uint256 = 0
    debt_ratios: DynArray[uint256, MAX_LEN] = []
    for info in self.peg_keepers:
        price_oracle: uint256 = self._get_price_oracle(info)
        if info.peg_keeper.address == _pk:
            price = price_oracle
            if not self._price_in_range(price, self._get_price(info)):
                return 0
            continue
        elif largest_price < price_oracle:
            largest_price = price_oracle
        debt_ratios.append(self._get_ratio(info.peg_keeper))

    if largest_price < unsafe_sub(price, self.worst_price_threshold):
        return 0

    debt: uint256 = PegKeeper(_pk).debt()
    total: uint256 = debt + STABLECOIN.balanceOf(_pk)
    return self._get_max_ratio(debt_ratios) * total / ONE - debt

@internal
@pure
def _get_price_oracle(_info: PegKeeperInfo) -> uint256:
    """
    @return Price of the coin in STABLECOIN
    """
    price: uint256 = 0
    if _info.include_index:
        price = _info.pool.price_oracle(0)
    else:
        price = _info.pool.price_oracle()
    if _info.is_inverse:
        price = 10 ** 36 / price
    return price

@internal
@view
def _price_in_range(_p0: uint256, _p1: uint256) -> bool:
    """
    @notice Check that the price is in accepted range using absolute error
    @dev Needed for spam-attack protection
    """
    # |p1 - p0| <= deviation
    # -deviation <= p1 - p0 <= deviation
    # 0 < deviation + p1 - p0 <= 2 * deviation
    # can use unsafe
    deviation: uint256 = self.price_deviation
    return unsafe_sub(unsafe_add(deviation, _p0), _p1) < deviation << 1

@internal
@pure
def _get_price(_info: PegKeeperInfo) -> uint256:
    """
    @return Price of the coin in STABLECOIN
    """
    price: uint256 = 0
    if _info.include_index:
        price = _info.pool.get_p(0)
    else:
        price = _info.pool.get_p()
    if _info.is_inverse:
        price = 10 ** 36 / price
    return price

@internal
@view
def _get_ratio(_peg_keeper: PegKeeper) -> uint256:
    """
    @return debt ratio limited up to 1
    """
    debt: uint256 = _peg_keeper.debt()
    return debt * ONE / (1 + debt + STABLECOIN.balanceOf(_peg_keeper.address))

@internal
@view
def _get_max_ratio(_debt_ratios: DynArray[uint256, MAX_LEN]) -> uint256:
    rsum: uint256 = 0
    for r in _debt_ratios:
        rsum += isqrt(r * ONE)
    return (self.alpha + self.beta * rsum / ONE) ** 2 / ONE
>>> soon

Withdrawing

The Regulator will grant allowance to the PegKeeper to withdraw crvUSD from the pool if the following requirements are met. If any of these conditions are not met, the function will return 0, causing the transaction to ultimately revert:

  • Withdrawing is not paused: This is checked using the is_killed method. If withdrawing is paused, no crvUSD can be removed from the pool.
  • Aggregated crvUSD price is less than 1.0: The crvUSD price, obtained from the aggregator contract, must be above 1.0 (10**18). If the price is equal to or below 1.0, withdrawing crvUSD is not allowed.
  • Price consistency check: The get_p (current AMM state price) and price_oracle (AMM EMA Price Oracle) must be within a specified deviation range (price_deviation). This is to prevent spam attacks by ensuring that the current price is not significantly deviating from the oracle price.

withdraw_allowed

PegKeeperRegulator.withdraw_allowed(_pk: address=msg.sender) -> uint256

Warning

If allowance to withdraw is granted, the function will always return max_value(uint256). The actual value to withdraw is limited within the _withdraw function of the PegKeeper itself.

Function to check how much crvUSD a PegKeeper is allowed to withdraw from the pool.

Returns: amount of crvUSD allowed to withdraw (uint256).

Input Type Description
_pk address PegKeeper address; defaults to msg.sender as it's usually called by the PegKeeper itself
Source code
struct PegKeeperInfo:
    peg_keeper: PegKeeper
    pool: StableSwap
    is_inverse: bool
    include_index: bool

peg_keeper_i: HashMap[PegKeeper,  uint256]  # 1 + index of peg keeper in a list

@external
@view
def withdraw_allowed(_pk: address=msg.sender) -> uint256:
    """
    @notice Allow Peg Keeper to withdraw stablecoin from the pool
    @dev Can return more amount than available
    @dev Checks
        1) current price in range of oracle in case of spam-attack
        2) stablecoin price is below 1
    @return Amount of stablecoin allowed to withdraw
    """
    if self.is_killed in Killed.Withdraw:
        return 0

    if self.aggregator.price() > ONE:
        return 0

    i: uint256 = self.peg_keeper_i[PegKeeper(_pk)]
    if i > 0:
        info: PegKeeperInfo = self.peg_keepers[i - 1]
        if self._price_in_range(self._get_price(info), self._get_price_oracle(info)):
            return max_value(uint256)
    return 0

@internal
@pure
def _get_price_oracle(_info: PegKeeperInfo) -> uint256:
    """
    @return Price of the coin in STABLECOIN
    """
    price: uint256 = 0
    if _info.include_index:
        price = _info.pool.price_oracle(0)
    else:
        price = _info.pool.price_oracle()
    if _info.is_inverse:
        price = 10 ** 36 / price
    return price

@internal
@view
def _price_in_range(_p0: uint256, _p1: uint256) -> bool:
    """
    @notice Check that the price is in accepted range using absolute error
    @dev Needed for spam-attack protection
    """
    # |p1 - p0| <= deviation
    # -deviation <= p1 - p0 <= deviation
    # 0 < deviation + p1 - p0 <= 2 * deviation
    # can use unsafe
    deviation: uint256 = self.price_deviation
    return unsafe_sub(unsafe_add(deviation, _p0), _p1) < deviation << 1

@internal
@pure
def _get_price(_info: PegKeeperInfo) -> uint256:
    """
    @return Price of the coin in STABLECOIN
    """
    price: uint256 = 0
    if _info.include_index:
        price = _info.pool.get_p(0)
    else:
        price = _info.pool.get_p()
    if _info.is_inverse:
        price = 10 ** 36 / price
    return price
>>> soon

Parameters

The Regulator uses several parameters:

  • worst_price_threshold is a threshold value for the price of the pegged coin. If the threshold is exceeded, providing crvUSD will not be allowed as the pegged coin is potentially depegged (too far away from other pegged coins' prices).
  • price_deviation represents an absolute error value and is used to check if prices (get_p and price_oracle) are within a certain range of each other in order to prevent spam attacks.
  • alpha and beta are used for the calculations of the maximum debt ratio within _get_max_ratio.

For more details on the calculations and research behind these parameters, see here.

worst_price_threshold

PegKeeperRegulator.worst_price_threshold() -> uint256: view

Getter for the current worst price threshold. The value can only be changed by the admin calling the set_worst_price_threshold function.

Returns: worst price threshold (uint256).

Emits: WorstPriceThreshold at contract initialization

Source code
event WorstPriceThreshold:
    threshold: uint256

worst_price_threshold: public(uint256)

@external
def __init__(_stablecoin: ERC20, _agg: Aggregator, _fee_receiver: address, _admin: address, _emergency_admin: address):
    ...
    self.worst_price_threshold = 3 * 10 ** (18 - 4)  # 0.0003
    ...
    log WorstPriceThreshold(self.worst_price_threshold)
    ...
>>> PegKeeperRegulator.worst_price_threshold()
300000000000000
>>> soon

price_deviation

PegKeeperRegulator.price_deviation() -> uint256: view

Getter for the current price deviation value. The value can only be changed by the admin calling the set_price_deviation function.

Returns: price deviation (uint256).

Emits: PriceDeviation at contract initialization

Source code
event PriceDeviation:
    price_deviation: uint256

price_deviation: public(uint256)

@external
def __init__(_stablecoin: ERC20, _agg: Aggregator, _fee_receiver: address, _admin: address, _emergency_admin: address):
    ...
    self.price_deviation = 5 * 10 ** (18 - 4) # 0.0005 = 0.05%
    ...
    log PriceDeviation(self.price_deviation)
    ...       
>>> PegKeeperRegulator.price_deviation()
500000000000000

alpha

PegKeeperRegulator.alpha() -> uint256: view

Getter for the alpha value, which represents the initial boundary. This value can be changed by the admin by calling the set_debt_parameters function.

Returns: alpha (uint256).

Emits: DebtParameters at contract initialization

Source code
event DebtParameters:
    alpha: uint256
    beta: uint256

alpha: public(uint256)  # Initial boundary

@external
def __init__(_stablecoin: ERC20, _agg: Aggregator, _fee_receiver: address, _admin: address, _emergency_admin: address):
    ...
    self.alpha = ONE / 2 # 1/2
    ...
    log DebtParameters(self.alpha, self.beta)
>>> PegKeeperRegulator.alpha()
500000000000000000

beta

PegKeeperRegulator.beta() -> uint256: view

Getter for the beta value, which represents each PegKeeper's impact. This value can be changed by the admin by calling the set_debt_parameters function.

Returns: beta (uint256).

Emits: DebtParameters at contract initialization

Source code
event DebtParameters:
    alpha: uint256
    beta: uint256

beta: public(uint256)  # Each PegKeeper's impact

@external
def __init__(_stablecoin: ERC20, _agg: Aggregator, _fee_receiver: address, _admin: address, _emergency_admin: address):
    ...
    self.beta = ONE / 4  # 1/4
    ...
    log DebtParameters(self.alpha, self.beta)
>>> PegKeeperRegulator.beta()
250000000000000000

set_worst_price_threshold

PegKeeperRegulator.set_worst_price_threshold(_threshold: uint256)

Guarded Methods

This function can only be called by the admin of the contract.

Function to set _threshold as the new worst_price_threshold value.

Emits: WorstPriceThreshold

Input Type Description
_threshold uint256 New value for worst_price_threshold
Source code
event WorstPriceThreshold:
    threshold: uint256

worst_price_threshold: public(uint256)

@external
def set_worst_price_threshold(_threshold: uint256):
    """
    @notice Set threshold for the worst price that is still accepted
    @param _threshold Price threshold with base 10 ** 18 (1.0 = 10 ** 18)
    """
    assert msg.sender == self.admin
    assert _threshold <= 10 ** (18 - 2)  # 0.01
    self.worst_price_threshold = _threshold
    log WorstPriceThreshold(_threshold)
>>> soon

set_price_deviation

PegKeeperRegulator.set_price_deviation(_deviation: uint256)

Guarded Methods

This function can only be called by the admin of the contract.

Function to set _deviation as the new price_deviation value.

Emits: PriceDeviation

Input Type Description
_deviation uint256 New value for price_deviation
Source code
event PriceDeviation:
    price_deviation: uint256

price_deviation: public(uint256)

@external
def set_price_deviation(_deviation: uint256):
    """
    @notice Set acceptable deviation of current price from oracle's
    @param _deviation Deviation of price with base 10 ** 18 (1.0 = 10 ** 18)
    """
    assert msg.sender == self.admin
    assert _deviation <= 10 ** 20
    self.price_deviation = _deviation
    log PriceDeviation(_deviation)
>>> soon

set_debt_parameters

PegKeeperRegulator.set_debt_parameters(_alpha: uint256, _beta: uint256)

Guarded Methods

This function can only be called by the admin of the contract.

Function to set new parameters for alpha and beta.

Emits: DebtParameters

Input Type Description
_alpha uint256 New value for alpha
_beta uint256 New value for beta
Source code
event DebtParameters:
    alpha: uint256
    beta: uint256

ONE: constant(uint256) = 10 ** 18

alpha: public(uint256)  # Initial boundary
beta: public(uint256)  # Each PegKeeper's impact

@external
def set_debt_parameters(_alpha: uint256, _beta: uint256):
    """
    @notice Set parameters for calculation of debt limits
    @dev 10 ** 18 precision
    """
    assert msg.sender == self.admin
    assert _alpha <= ONE
    assert _beta <= ONE

    self.alpha = _alpha
    self.beta = _beta
    log DebtParameters(_alpha, _beta)
>>> soon

Adding and Removing PegKeepers

PegKeepers rely on the Regulator, as it provides the contract with information on whether they are allowed to provide or withdraw crvUSD from the pool. These PegKeepers need to be added by admin using the add_peg_keepers function and are then stored within the peg_keepers variable.

PegKeepers can be removed from the Regulator contract by the admin using the remove_peg_keepers function.

peg_keepers

PegKeeperRegulator.peg_keepers(arg0: uint256) -> PegKeeperInfo: view

Getter for the PegKeeper contract at index arg0.

Returns: PegKeeperInfo (struct) consisting of the PegKeeper (address), its associated pool (address), if it is inverse (bool) and wether the pool has more than two coins (bool).

Input Type Description
arg0 address Index of the PegKeeper; starts at 0
Source code
struct PegKeeperInfo:
    peg_keeper: PegKeeper
    pool: StableSwap
    is_inverse: bool
    include_index: bool

peg_keepers: public(DynArray[PegKeeperInfo, MAX_LEN])
>>> PegKeeperRegulator.peg_keepers(0)
'0x9201da0D97CaAAff53f01B2fB56767C7072dE340, 0x4DEcE678ceceb27446b35C672dC7d61F30bAD69E, false, false'

>>> PegKeeperRegulator.peg_keepers(1)
'0xFb726F57d251aB5C731E5C64eD4F5F94351eF9F3, 0x390f3595bCa2Df7d23783dFd126427CCeb997BF4, false, false'

add_peg_keepers

PegKeeperRegulator.add_peg_keepers(_peg_keepers: DynArray[PegKeeper, MAX_LEN])

Guarded Methods

This function can only be called by the admin of the contract.

Function to add one or more PegKeepers to the Regulator. Simultaneously, the PegKeeper is added to the peg_keepers list and indexed in peg_keeper_i.

Emits: AddPegKeeper

Input Type Description
_peg_keepers DynArray[PegKeeper, MAX_LEN] PegKeeper contracts to add
Source code
event AddPegKeeper:
    peg_keeper: PegKeeper
    pool: StableSwap
    is_inverse: bool

struct PegKeeperInfo:
    peg_keeper: PegKeeper
    pool: StableSwap
    is_inverse: bool
    include_index: bool

@external
def add_peg_keepers(_peg_keepers: DynArray[PegKeeper, MAX_LEN]):
    assert msg.sender == self.admin

    i: uint256 = len(self.peg_keepers)
    for pk in _peg_keepers:
        assert self.peg_keeper_i[pk] == empty(uint256)  # dev: duplicate
        pool: StableSwap = pk.pool()
        success: bool = raw_call(
            pool.address, _abi_encode(convert(0, uint256), method_id=method_id("price_oracle(uint256)")),
            revert_on_failure=False
        )
        info: PegKeeperInfo = PegKeeperInfo({
            peg_keeper: pk,
            pool: pool,
            is_inverse: pk.IS_INVERSE(),
            include_index: success,
        })
        self.peg_keepers.append(info)  # dev: too many pairs
        i += 1
        self.peg_keeper_i[pk] = i

        log AddPegKeeper(info.peg_keeper, info.pool, info.is_inverse)
>>> soon

remove_peg_keepers

PegKeeperRegulator.remove_peg_keepers(_peg_keepers: DynArray[PegKeeper, MAX_LEN])

Guarded Methods

This function can only be called by the admin of the contract.

Function to remove one or more PegKeepers from the Regulator contract.

Emits: RemovePegKeeper

Input Type Description
_peg_keepers DynArray[PegKeeper, MAX_LEN] PegKeeper contracts to remove
Source code
event RemovePegKeeper:
    peg_keeper: PegKeeper

struct PegKeeperInfo:
    peg_keeper: PegKeeper
    pool: StableSwap
    is_inverse: bool
    include_index: bool

peg_keepers: public(DynArray[PegKeeperInfo, MAX_LEN])
peg_keeper_i: HashMap[PegKeeper,  uint256]  # 1 + index of peg keeper in a list

@external
def remove_peg_keepers(_peg_keepers: DynArray[PegKeeper, MAX_LEN]):
    """
    @dev Most gas efficient will be sort pools reversely
    """
    assert msg.sender == self.admin

    peg_keepers: DynArray[PegKeeperInfo, MAX_LEN] = self.peg_keepers
    for pk in _peg_keepers:
        i: uint256 = self.peg_keeper_i[pk] - 1  # dev: pool not found
        max_n: uint256 = len(peg_keepers) - 1
        if i < max_n:
            peg_keepers[i] = peg_keepers[max_n]
            self.peg_keeper_i[peg_keepers[i].peg_keeper] = 1 + i

        peg_keepers.pop()
        self.peg_keeper_i[pk] = empty(uint256)
        log RemovePegKeeper(pk)

    self.peg_keepers = peg_keepers
>>> soon

Pausing and Unpausing PegKeepers

In this context, "killing" refers to either pausing or unpausing PegKeepers. When the Regulator is "killed," it means the contract restricts the PegKeeper from performing one or both of the following actions: providing or withdrawing crvUSD. Both actions, providing and withdrawing, can be killed separately. For example, the Regulator can kill the permission to provide any additional crvUSD to pools but keep the withdrawing action "unkilled" so that it is still possible to unload debt.

Only the admin and emergency_admin are able to kill. The former is the Curve DAO, and the latter is the EmergencyDAO.

is_killed

PegKeeperRegulator.is_killed() -> uint256: view

Getter to check if the Regulator allows providing or withdrawing.

Returns: index value of the Killed enum (bool).

Source code
enum Killed:
    Provide  # 1
    Withdraw  # 2

is_killed: public(Killed)
>>> PegKeeperRegulator.is_killed()
0           # nothing killed

>>> PegKeeperRegulator.is_killed()
1           # providing killed

>>> PegKeeperRegulator.is_killed()
2           # withdrawing killed

>>> PegKeeperRegulator.is_killed()
3           # providing and withdrawing killed

set_killed

PegKeeperRegulator.set_killed(_is_killed: Killed)

Guarded Methods

This function can only be called by the admin or emergency of the contract.

Function to pause or unpause PegKeepers.

There are four options for pausing/unpausing, depending on the value set for the Killed enum:

  • 0 -> provide and withdraw allowed
  • 1 -> provide paused, withdraw allowed
  • 2 -> provide allowed, withdraw paused
  • 3 -> provide and withdraw paused

Emits: SetKilled

Input Type Description
_is_killed uint256 Value depending on the action wanted
Source code
event SetKilled:
    is_killed: Killed
    by: address

@external
def set_killed(_is_killed: Killed):
    """
    @notice Pause/unpause Peg Keepers
    @dev 0 unpause, 1 provide, 2 withdraw, 3 everything
    """
    assert msg.sender in [self.admin, self.emergency_admin]
    self.is_killed = _is_killed
    log SetKilled(_is_killed, msg.sender)
>>> soon

Contract Ownership

The Regulator contract has two types of ownerships, the admin and the emergency_admin.

While the admin is able to call any guarded function from the contract, like setting new parameters and pausing/unpausing PegKeepers, etc., the emergency_admin is only allowed to pause and unpause pools. More on pausing pools here.

Both their ownerships can be transferred using the corresponding set_admin or set_emergency_admin functions.

admin

PegKeeperRegulator.admin() -> address: view

Getter for the current admin of the Regulator contract. This address can only be changed by the admin by calling the set_admin function.

Returns: current admin (address).

Emits: SetAdmin at contract initialization

Source code
event SetAdmin:
    admin: address

admin: public(address)

@external
def __init__(_stablecoin: ERC20, _agg: Aggregator, _fee_receiver: address, _admin: address, _emergency_admin: address):
    ...
    self.admin = _admin
    log SetAdmin(_admin)
    ...
>>> PegKeeperRegulator.admin()
'0x40907540d8a6C65c637785e8f8B742ae6b0b9968'

set_admin

PegKeeperRegulator.set_admin(_admin: address)

Guarded Methods

This function can only be called by the admin of the contract.

Function to set a new admin for the contract.

Emits: SetAdmin

Input Type Description
_admin address New admin address
Source code
event SetAdmin:
    admin: address

admin: public(address) 

@external
def set_admin(_admin: address):
    # We are not doing commit / apply because the owner will be a voting DAO anyway
    # which has vote delays
    assert msg.sender == self.admin
    self.admin = _admin
    log SetAdmin(_admin)
>>> soon

emergency_admin

PegKeeperRegulator.emergency_admin() -> address: view

Getter for the current emergency admin of the Regulator contract. This address can only be changed by the admin by calling the set_emergency_admin function.

Returns: emergency admin (address).

Emits: SetEmergencyAdmin at contract initialization

Source code
event SetEmergencyAdmin:
    admin: address

emergency_admin: public(address)

@external
def __init__(_stablecoin: ERC20, _agg: Aggregator, _fee_receiver: address, _admin: address, _emergency_admin: address):
    ...
    self.emergency_admin = _emergency_admin
    log SetEmergencyAdmin(_emergency_admin)
    ...
>>> PegKeeperRegulator.emergency_admin()
'0x467947EE34aF926cF1DCac093870f613C96B1E0c'

set_emergency_admin

PegKeeperRegulator.set_emergency_admin(_admin: address)

Function to set a new emergency admin for the contract.

Emits: SetEmergencyAdmin

Input Type Description
_admin address New emergency admin address
Source code
event SetEmergencyAdmin:
    admin: address

emergency_admin: public(address)

@external
def set_emergency_admin(_admin: address):
    assert msg.sender == self.admin
    self.emergency_admin = _admin
    log SetEmergencyAdmin(_admin)
>>> soon

Fee Receiver and Aggregator Contract

fee_receiver

PegKeeperRegulator.fee_receiver() -> address: view

Getter for the fee receiver. The fee receiver can be changed via the set_fee_receiver function.

Returns: fee receiver (address).

Source code
fee_receiver: public(address)

@external
def __init__(_stablecoin: ERC20, _agg: Aggregator, _fee_receiver: address, _admin: address, _emergency_admin: address): 
    ...
    self.fee_receiver = _fee_receiver
    ...
>>> PegKeeperRegulator.fee_receiver()
'0xeCb456EA5365865EbAb8a2661B0c503410e9B347'

aggregator

PegKeeperRegulator.aggregator() -> address: view

Getter for the crvusd price aggregator contract. This address is set when intializing the contract and can be changed using set_aggregator.

Returns: price aggregator contract (address).

Source code
interface Aggregator:
    def price() -> uint256: view
    def price_w() -> uint256: nonpayable

aggregator: public(Aggregator)

@external
def __init__(_stablecoin: ERC20, _agg: Aggregator, _admin: address, _emergency_admin: address):
    ...
    self.aggregator = _agg
    ...
>>> PegKeeperRegulator.aggregator()
'0x18672b1b0c623a30089A280Ed9256379fb0E4E62'

set_fee_receiver

PegKeeperRegulator.set_fee_receiver(_fee_receiver: address)

Guarded Methods

This function can only be called by the admin of the contract.

Function to set a new fee receiver.

Emits: SetFeeReceiver

Input Type Description
_fee_receiver address New fee receiver address
Source code
fee_receiver: public(address)

event SetFeeReceiver:
    fee_receiver: address

@external
def set_fee_receiver(_fee_receiver: address):
    """
    @notice Set new PegKeeper's profit receiver
    """
    assert msg.sender == self.admin
    self.fee_receiver = _fee_receiver
    log SetFeeReceiver(_fee_receiver)
>>> soon

set_aggregator

PegKeeperRegulator.set_aggregator(_agg: Aggregator)

Guarded Methods

This function can only be called by the admin of the contract.

Function to set a new aggregator contract.

Emits: SetAggregator

Input Type Description
_fee_receiver address New aggregator contract
Source code
event SetAggregator:
    aggregator: address

aggregator: public(Aggregator)

@external
def set_aggregator(_agg: Aggregator):
    """
    @notice Set new crvUSD price aggregator
    """
    assert msg.sender == self.admin
    self.aggregator = _agg
    log SetAggregator(_agg.address)
>>> soon

Other Methods

stablecoin

PegKeeperRegulator.stablecoin() -> address: view

Getter for the stablecoin the PegKeeper stabilizes, which is crvUSD. This address is set when intializing the contract and can not be changed.

Returns: stablecoin (address).

Source code
interface ERC20:
    def balanceOf(_owner: address) -> uint256: view

STABLECOIN: immutable(ERC20)

@external
@view
def stablecoin() -> ERC20:
    return STABLECOIN

@external
def __init__(_stablecoin: ERC20, _agg: Aggregator, _admin: address, _emergency_admin: address):
    STABLECOIN = _stablecoin
    ...
>>> PegKeeperRegulator.stablecoin()
'0xf939E0A03FB07F59A73314E73794Be0E57ac1b4E'

  1. Assuming the PegKeeper has a total balance of 25m crvUSD.